Masimo - MASI Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Masimo in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MASI shares.
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8 equities research analysts have issued twelve-month price objectives for Masimo's shares. Their MASI share price forecasts range from $150.00 to $206.00. On average, they expect the company's stock price to reach $182.00 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price.
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Masimo's stock was trading at $147.95 at the start of the year. Since then, MASI shares have increased by 16.9% and is now trading at $172.88.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
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Masimo Co. (NASDAQ:MASI) posted its quarterly earnings results on Tuesday, February, 28th. The medical equipment provider reported $1.32 EPS for the quarter, topping analysts' consensus estimates of $1.17 by $0.15. The medical equipment provider had revenue of $617 million for the quarter, compared to the consensus estimate of $602.49 million. Masimo had a net margin of 7.06% and a trailing twelve-month return on equity of 18.84%. The firm's revenue was up 88.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.21 EPS.

ETFs with the largest weight of Masimo (NASDAQ:MASI) stock in their portfolio include Global X Telemedicine & Digital Health ETF (EDOC), First Trust Nasdaq Lux Digital Health Solutions ETF (EKG), First Trust Indxx Medical Devices ETF (MDEV), Global X Founder-Run Companies ETF (BOSS), BlackRock Future Health ETF (BMED), Neuberger Berman Disrupters ETF (NBDS), SPDR S&P Health Care Equipment ETF (XHE) and ROBO Global Healthcare Technology and Innovation ETF (HTEC).

Masimo issued an update on its first quarter 2023 earnings guidance on Tuesday, February, 28th. The company provided earnings per share guidance of $0.81-$0.86 for the period, compared to the consensus EPS estimate of $0.93. The company issued revenue guidance of $550.00 million-$565.00 million, compared to the consensus revenue estimate of $553.42 million.

136 employees have rated Masimo Chief Executive Officer Joe E. Kiani on Glassdoor.com. Joe E. Kiani has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Masimo investors own include NVIDIA (NVDA), Netflix (NFLX), Shopify (SHOP), Okta (OKTA), PayPal (PYPL), Alibaba Group (BABA), Mastercard (MA), Trade Desk (TTD), Walt Disney (DIS) and Twilio (TWLO).

Masimo trades on the NASDAQ under the ticker symbol "MASI."

Masimo's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Liontrust Investment Partners LLP (1.81%), Fundsmith LLP (1.45%), Geode Capital Management LLC (1.34%), Schroder Investment Management Group (1.10%), Martin Currie Ltd. (1.04%) and T. Rowe Price Investment Management Inc. (1.03%). Insiders that own company stock include Adam Mikkelson, Anand Sampath, Bilal Muhsin, Craig B Reynolds, H Michael Cohen, Joe E Kiani, Jon Coleman, Micah W Young, Ramshorst David J Van, Tao Levy, Thomas Samuel Mcclenahan and Yongsam Lee.
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Shares of MASI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MASI stock can currently be purchased for approximately $172.88.

Masimo (NASDAQ:MASI) has a market capitalization of $9.09 billion and generates $2.04 billion in revenue each year. The medical equipment provider earns $143.50 million in net income (profit) each year or $2.60 on an earnings per share basis.

The company employs 6,000 workers across the globe.

Masimo's mailing address is 52 DISCOVERY, IRVINE CA, 92618. The official website for the company is www.masimo.com. The medical equipment provider can be reached via phone at (949) 297-7000, via email at ekammerman@masimo.com, or via fax at 949-297-7001.