While Masimo Corp has overperformed by 2.31%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, MASI rose by 11.29%, with highs and lows ranging from $194.88 to $101.61, whereas the simple moving average jumped by 0.62% in the last 200 days.
On December 27, 2024, Raymond James Reiterated Masimo Corp (NASDAQ: MASI) to Outperform. A report published by Raymond James on November 06, 2024, Upgraded its rating to ‘Outperform’ for MASI. Piper Sandler also Upgraded MASI shares as ‘Overweight’, setting a target price of $160 on the company’s shares in a report dated June 03, 2024. Stifel April 15, 2024d the rating to Buy on April 15, 2024, and set its price target from $148 to $170. Wells Fargo March 25, 2024d its ‘Equal Weight’ rating to ‘Overweight’ for MASI, as published in its report on March 25, 2024. Jefferies’s report from January 30, 2024 suggests a price prediction of $121 for MASI shares, giving the stock a ‘Hold’ rating. Needham also rated the stock as ‘Hold’.
Analysis of Masimo Corp (MASI)
Further, the quarter-over-quarter decrease in sales is -24.51%, showing a negative trend in the upcoming months.
To gain a thorough understanding of Masimo Corp’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of -23.93% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.62, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and MASI is recording an average volume of 625.86K. On a monthly basis, the volatility of the stock is set at 4.81%, whereas on a weekly basis, it is put at 3.93%, with a loss of -6.15% over the past seven days. Furthermore, long-term investors anticipate a median target price of $183.71, showing growth from the present price of $153.58, which can serve as yet another indication of whether MASI is worth investing in or should be passed over.
How Do You Analyze Masimo Corp Shares?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 7.87%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 97.89% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
MASI shares are owned by institutional investors to the tune of 97.89% at present.
