Masimo Corporation is a medical technology company that develops, manufactures and markets a range of non-invasive patient monitoring technologies. The Company's business is Measure-through Motion and Low Perfusion pulse oximetry monitoring, known as Masimo Signal Extraction Technology (SET) pulse oximetry. Its product offerings include non-invasive monitoring of blood constituents with an optical signature, optical organ oximetry monitoring, electrical, brain function monitoring, acoustic respiration monitoring and exhaled gas monitoring. In addition, the Company has developed the Root patient monitoring and connectivity platform, the Radical-7 bedside and portable patient monitor, and the Radius-7 wearable wireless patient monitor. It offers Patient SafetyNet remote patient surveillance monitoring system, which allows patients to be monitored through a personal computer-based monitor or by care providers through their pagers, voice-over-Internet Protocol (IP) phones or smartphones.
Industry, Sector and Symbol:
- Sector: Medical
- Industry: Medical Equipment
- Sub-Industry: Health Care Equipment
- Symbol: NASDAQ:MASI
- CUSIP: 57479510
- Web: www.masimo.com
- Market Cap: $4.43 billion
- Outstanding Shares: 51,940,000
- 50 Day Moving Avg: $86.04
- 200 Day Moving Avg: $91.01
- 52 Week Range: $53.78 - $104.71
Sales & Book Value:
- Trailing P/E Ratio: 14.04
- Foreward P/E Ratio: 33.60
- P/E Growth: 1.52
- Annual Revenue: $730.06 million
- Price / Sales: 6.07
- Book Value: $13.66 per share
- Price / Book: 6.25
- EBIDTA: $182.11 million
- Net Margins: 45.90%
- Return on Equity: 23.45%
- Return on Assets: 16.22%
- Current Ratio: 3.89%
- Quick Ratio: 3.29%
- Average Volume: 513,303 shs.
- Beta: 0.84
- Short Ratio: 5.21
Frequently Asked Questions for Masimo Corporation (NASDAQ:MASI)
What is Masimo Corporation's stock symbol?
Masimo Corporation trades on the NASDAQ under the ticker symbol "MASI."
How were Masimo Corporation's earnings last quarter?
Masimo Corporation (NASDAQ:MASI) released its earnings results on Wednesday, August, 2nd. The company reported $0.83 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.71 by $0.12. The firm had revenue of $192.90 million for the quarter, compared to analysts' expectations of $189.03 million. Masimo Corporation had a net margin of 45.90% and a return on equity of 23.45%. The company's quarterly revenue was up 11.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.57 earnings per share. View Masimo Corporation's Earnings History.
When will Masimo Corporation make its next earnings announcement?
What guidance has Masimo Corporation issued on next quarter's earnings?
Masimo Corporation issued an update on its FY17 earnings guidance on Wednesday, August, 2nd. The company provided EPS guidance of $2.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.60. The company issued revenue guidance of $769 million, compared to the consensus revenue estimate of $759.39 million.
Where is Masimo Corporation's stock going? Where will Masimo Corporation's stock price be in 2017?
7 brokerages have issued 1 year target prices for Masimo Corporation's stock. Their forecasts range from $60.00 to $112.00. On average, they expect Masimo Corporation's stock price to reach $97.00 in the next twelve months. View Analyst Ratings for Masimo Corporation.
Who are some of Masimo Corporation's key competitors?
Some companies that are related to Masimo Corporation include Exelixis (EXEL), Alkermes PLC (ALKS), VCA (WOOF), WellCare Health Plans (WCG), Seattle Genetics (SGEN), Steris Plc (STE), Qiagen N.V. (QGEN), Ionis Pharmaceuticals (IONS), William Demant Holdings (WILYY), West Pharmaceutical Services (WST), ABIOMED (ABMD), Alnylam Pharmaceuticals (ALNY), Bio-Rad Laboratories (BIO), TESARO (TSRO), Henry Schein (HSIC), BIOVERATIV INC (BIVV), Icon Plc (ICLR) and DexCom (DXCM).
Who are Masimo Corporation's key executives?
Masimo Corporation's management team includes the folowing people:
- Joseph E. Kiani, Chairman of the Board, Chief Executive Officer
- Mark P. de Raad, Chief Financial Officer, Executive Vice President - Finance
- Jon Coleman, President - Worldwide Sales, Professional Services and Medical Affairs
- Rick Fishel, President - Worldwide OEM Business & Strategic Development
- Anand Sampath, Chief Operating Officer
- Yongsam Lee, Executive Vice President, Chief Information Officer
- Tom McClenahan, Executive Vice President, General Counsel, Corporate Secretary
- Steven J. Barker M.D., Ph.D., Director
- Sanford Fitch, Independent Director
- Thomas Harkin, Independent Director
Who owns Masimo Corporation stock?
Masimo Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.24%), Vanguard Group Inc. (9.50%), Acadian Asset Management LLC (3.50%), State Street Corp (2.98%), Arrowstreet Capital Limited Partnership (2.14%) and Robeco Institutional Asset Management B.V. (2.11%). Company insiders that own Masimo Corporation stock include Anand Sampath, Joe E Kiani, Jon Coleman, Paul Jansen, Raad Mark De, Ramshorst David J Van, Rick Fishel, Sanford Fitch, Thomas Samuel Mcclenahan and Yongsam Lee. View Institutional Ownership Trends for Masimo Corporation.
Who sold Masimo Corporation stock? Who is selling Masimo Corporation stock?
Masimo Corporation's stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Numeric Investors LLC, Westfield Capital Management Co. LP, BTIM Corp., Goldman Sachs Group Inc., Canada Pension Plan Investment Board, Rothschild Asset Management Inc. and Schroder Investment Management Group. Company insiders that have sold Masimo Corporation stock in the last year include Anand Sampath, Joe E Kiani, Jon Coleman, Paul Jansen, Raad Mark De, Ramshorst David J Van, Rick Fishel, Sanford Fitch, Thomas Samuel Mcclenahan and Yongsam Lee. View Insider Buying and Selling for Masimo Corporation.
Who bought Masimo Corporation stock? Who is buying Masimo Corporation stock?
Masimo Corporation's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Koch Industries Inc., Acadian Asset Management LLC, JPMorgan Chase & Co., Vanguard Group Inc., Capital Fund Management S.A., Robeco Institutional Asset Management B.V. and Russell Investments Group Ltd.. View Insider Buying and Selling for Masimo Corporation.
How do I buy Masimo Corporation stock?
Shares of Masimo Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Masimo Corporation's stock price today?
MarketBeat Community Rating for Masimo Corporation (NASDAQ MASI)MarketBeat's community ratings are surveys of what our community members think about Masimo Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Masimo Corporation stock can currently be purchased for approximately $85.35.
Consensus Ratings for Masimo Corporation (NASDAQ:MASI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.57)|
|Consensus Price Target: ||$97.00 (13.65% upside)|
Analysts' Ratings History for Masimo Corporation (NASDAQ:MASI)
(Data available from 9/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/14/2017||BTIG Research||Upgrade||Neutral -> Buy||$100.00||Medium|
|8/3/2017||Stifel Nicolaus||Reiterated Rating||Buy||$105.00 -> $108.00||High|
|7/19/2017||Roth Capital||Boost Price Target||Buy||$96.00 -> $105.00||Low|
|3/16/2017||Piper Jaffray Companies||Downgrade||Overweight -> Neutral||High|
|2/13/2017||Raymond James Financial, Inc.||Downgrade||Outperform -> Market Perform||N/A|
|2/13/2017||Citigroup Inc.||Downgrade||Market Perform||$60.00||N/A|
Earnings History for Masimo Corporation (NASDAQ:MASI)Earnings History by Quarter for Masimo Corporation (NASDAQ MASI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017||Q2 2017||$0.71||$0.83||$189.03 million||$192.90 million||View||Listen|
|5/3/2017||Q1 2017||$0.60||$0.82||$184.14 million||$186.30 million||View||Listen|
|2/14/2017||Q416||$0.52||$0.51||$180.48 million||$183.20 million||View||Listen|
|11/2/2016||Q316||$0.42||$0.52||$165.51 million||$167.60 million||View||Listen|
|8/3/2016||Q216||$0.41||$0.57||$166.02 million||$172.64 million||View||Listen|
|5/4/2016||Q116||$0.43||$0.53||$165.25 million||$171.20 million||View||Listen|
|2/23/2016||Q415||$0.39||$0.15||$164.25 million||$167.30 million||View||Listen|
|11/5/2015||Q315||$0.31||$0.36||$149.31 million||$152.60 million||View||Listen|
|8/4/2015||Q215||$0.32||$0.43||$147.93 million||$155.73 million||View||Listen|
|5/6/2015||Q115||$0.35||$0.41||$151.00 million||$154.54 million||View||Listen|
|2/17/2015||Q414||$0.37||$0.40||$159.45 million||$161.80 million||View||Listen|
|10/29/2014||Q314||$0.25||$0.27||$144.20 million||$144.10 million||View||Listen|
|8/7/2014||Q214||$0.29||$0.27||$145.76 million||$140.92 million||View||Listen|
|4/30/2014||Q114||$0.29||$0.39||$144.01 million||$139.80 million||View||Listen|
|2/13/2014||Q413||$0.31||$0.31||$148.25 million||$134.70 million||View||Listen|
|10/30/2013||Q313||$0.26||$0.27||$132.47 million||$131.40 million||View||Listen|
|7/31/2013||Q2 2013||$0.28||$0.30||$136.36 million||$137.42 million||View||Listen|
|5/2/2013||Q1 2013||$0.28||$0.28||$134.46 million||$135.90 million||View||Listen|
|2/14/2013||Q4 2012||$0.29||$0.26||$129.09 million||$132.20 million||View||Listen|
|11/1/2012||Q312||$0.26||$0.26||$120.99 million||$112.10 million||View||N/A|
Earnings Estimates for Masimo Corporation (NASDAQ:MASI)
2017 EPS Consensus Estimate: $2.30
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Masimo Corporation (NASDAQ:MASI)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Masimo Corporation (NASDAQ:MASI)
Insider Ownership Percentage: 16.60%Insider Trades by Quarter for Masimo Corporation (NASDAQ:MASI)
Institutional Ownership Percentage: 83.21%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/17/2017||Sanford Fitch||Director||Sell||11,000||$87.25||$959,750.00|| |
|7/20/2017||Jon Coleman||Insider||Sell||25,000||$97.50||$2,437,500.00|| |
|7/14/2017||Rick Fishel||Insider||Sell||15,000||$94.85||$1,422,750.00|| |
|7/13/2017||Sanford Fitch||Director||Sell||6,000||$91.89||$551,340.00|| |
|7/11/2017||Anand Sampath||COO||Sell||40,000||$92.00||$3,680,000.00|| |
|7/11/2017||Rick Fishel||Insider||Sell||15,000||$92.85||$1,392,750.00|| |
|6/29/2017||Sanford Fitch||Director||Sell||14,000||$92.06||$1,288,840.00|| |
|5/1/2017||Joe E Kiani||CEO||Sell||145,841||$102.37||$14,929,743.17|| |
|4/28/2017||Thomas Samuel Mcclenahan||EVP||Sell||8,000||$102.75||$822,000.00|| |
|4/26/2017||Joe E Kiani||CEO||Sell||154,159||$99.70||$15,369,652.30|| |
|4/25/2017||Joe E Kiani||CEO||Sell||13,201||$101.00||$1,333,301.00|| |
|4/25/2017||Jon Coleman||Insider||Sell||50,000||$100.00||$5,000,000.00|| |
|4/25/2017||Yongsam Lee||EVP||Sell||10,000||$100.00||$1,000,000.00|| |
|4/24/2017||Joe E Kiani||CEO||Sell||100,000||$99.00||$9,900,000.00|| |
|4/24/2017||Thomas Samuel Mcclenahan||EVP||Sell||10,000||$98.75||$987,500.00|| |
|4/20/2017||Thomas Samuel Mcclenahan||EVP||Sell||10,000||$95.75||$957,500.00|| |
|4/19/2017||Yongsam Lee||EVP||Sell||10,000||$95.00||$950,000.00|| |
|4/4/2017||Raad Mark De||CFO||Sell||48,000||$93.25||$4,476,000.00|| |
|3/22/2017||Sanford Fitch||Director||Sell||3,000||$93.23||$279,690.00|| |
|3/10/2017||Paul Jansen||EVP||Sell||55,611||$94.47||$5,253,571.17|| |
|3/9/2017||Ramshorst David J Van||Insider||Sell||7,500||$94.20||$706,500.00|| |
|2/23/2017||Raad Mark De||CFO||Sell||30,000||$86.25||$2,587,500.00|| |
|2/17/2017||Raad Mark De||CFO||Sell||45,000||$80.00||$3,600,000.00|| |
|2/16/2017||Joe E Kiani||CEO||Sell||300,000||$80.04||$24,012,000.00|| |
|2/3/2017||Jon Coleman||Insider||Sell||6,000||$75.00||$450,000.00|| |
|2/3/2017||Raad Mark De||CFO||Sell||15,000||$75.00||$1,125,000.00|| |
|1/27/2017||Jon Coleman||Insider||Sell||5,800||$72.50||$420,500.00|| |
|1/27/2017||Raad Mark De||CFO||Sell||15,000||$72.50||$1,087,500.00|| |
|1/20/2017||Jon Coleman||Insider||Sell||200||$72.50||$14,500.00|| |
|1/13/2017||Yongsam Lee||EVP||Sell||10,000||$72.00||$720,000.00|| |
|1/10/2017||Jon Coleman||Insider||Sell||6,000||$70.00||$420,000.00|| |
|1/10/2017||Raad Mark De||CFO||Sell||15,000||$70.00||$1,050,000.00|| |
|1/10/2017||Yongsam Lee||EVP||Sell||10,000||$70.00||$700,000.00|| |
|1/9/2017||Paul Jansen||EVP||Sell||17,945||$68.88||$1,236,051.60|| |
|1/3/2017||Ramshorst David J Van||Insider||Sell||4,000||$67.20||$268,800.00|| |
|12/27/2016||Paul Jansen||EVP||Sell||2,055||$68.88||$141,548.40|| |
|12/21/2016||Jon Coleman||Insider||Sell||4,000||$67.50||$270,000.00|| |
|12/16/2016||Thomas Samuel Mcclenahan||EVP||Sell||10,000||$66.00||$660,000.00|| |
|12/8/2016||Paul Jansen||EVP||Sell||10,000||$63.88||$638,800.00|| |
|12/7/2016||Thomas Samuel Mcclenahan||EVP||Sell||2,293||$63.00||$144,459.00|| |
|12/6/2016||Joe E Kiani||CEO||Sell||52,859||$62.03||$3,278,843.77|| |
|12/6/2016||Thomas Samuel Mcclenahan||EVP||Sell||4,000||$63.00||$252,000.00|| |
|12/1/2016||Joe E Kiani||CEO||Sell||36,119||$62.06||$2,241,545.14|| |
|11/29/2016||Joe E Kiani||CEO||Sell||104,870||$62.27||$6,530,254.90|| |
|11/23/2016||Joe E Kiani||CEO||Sell||85,771||$62.06||$5,322,948.26|| |
|11/22/2016||Joe E Kiani||CEO||Sell||869||$62.00||$53,878.00|| |
|11/21/2016||Joe E Kiani||CEO||Sell||30,462||$62.04||$1,889,862.48|| |
|11/18/2016||Joe E Kiani||CEO||Sell||20,381||$62.02||$1,264,029.62|| |
|11/1/2016||Anand Sampath||COO||Sell||65,000||$55.04||$3,577,600.00|| |
|10/31/2016||Anand Sampath||COO||Sell||51,345||$55.05||$2,826,542.25|| |
|10/19/2016||Sanford Fitch||Director||Sell||2,000||$59.05||$118,100.00|| |
|10/10/2016||Joe E Kiani||CEO||Sell||84,617||$60.26||$5,099,020.42|| |
|10/10/2016||Yongsam Lee||EVP||Sell||30,000||$60.50||$1,815,000.00|| |
|10/5/2016||Sanford Fitch||Director||Sell||2,000||$59.58||$119,160.00|| |
|10/4/2016||Joe E Kiani||CEO||Sell||4,300||$60.07||$258,301.00|| |
|10/3/2016||Joe E Kiani||CEO||Sell||2,200||$60.00||$132,000.00|| |
|9/30/2016||Thomas Samuel Mcclenahan||EVP||Sell||10,000||$59.00||$590,000.00|| |
|9/27/2016||Joe E Kiani||CEO||Sell||4,464||$60.01||$267,884.64|| |
|9/22/2016||Joe E Kiani||CEO||Sell||49,484||$60.18||$2,977,947.12|| |
|9/21/2016||Sanford Fitch||Director||Sell||2,000||$59.41||$118,820.00|| |
|9/20/2016||Joe E Kiani||CEO||Sell||400||$60.16||$24,064.00|| |
|9/19/2016||Joe E Kiani||CEO||Sell||999||$60.03||$59,969.97|| |
|9/7/2016||Joe E Kiani||CEO||Sell||33,536||$60.00||$2,012,160.00|| |
|9/7/2016||Jon Coleman||Insider||Sell||6,000||$60.00||$360,000.00|| |
|9/7/2016||Sanford Fitch||Director||Sell||2,000||$59.81||$119,620.00|| |
|8/17/2016||Sanford Fitch||Director||Sell||2,000||$58.11||$116,220.00|| |
|8/4/2016||Jon Coleman||Insider||Sell||22,000||$56.82||$1,250,040.00|| |
|8/4/2016||Paul Jansen||EVP||Sell||10,000||$58.88||$588,800.00|| |
|8/3/2016||Sanford Fitch||Director||Sell||2,000||$52.62||$105,240.00|| |
|7/20/2016||Rick Fishel||Insider||Sell||22,000||$53.85||$1,184,700.00|| |
|7/20/2016||Sanford Fitch||Director||Sell||3,000||$53.48||$160,440.00|| |
|6/30/2016||Ramshorst David J Van||CAO||Sell||5,000||$52.50||$262,500.00|| |
|6/7/2016||Joe E Kiani||CEO||Sell||65,048||$50.00||$3,252,400.00|| |
|6/3/2016||Joe E Kiani||CEO||Sell||234,952||$50.09||$11,768,745.68|| |
|6/1/2016||Jon Coleman||Insider||Sell||4,000||$50.00||$200,000.00|| |
|5/31/2016||Raad Mark De||CFO||Sell||40,000||$49.43||$1,977,200.00|| |
|5/25/2016||Rick Fishel||Insider||Sell||25,000||$49.85||$1,246,250.00|| |
|5/5/2016||Jon Coleman||Insider||Sell||8,000||$47.00||$376,000.00|| |
|4/28/2016||Paul Jansen||EVP||Sell||10,000||$44.88||$448,800.00|| |
|4/27/2016||Jon Coleman||Insider||Sell||4,000||$44.00||$176,000.00|| |
|3/23/2016||Yongsam Lee||EVP||Sell||96,000||$39.96||$3,836,160.00|| |
|3/22/2016||Yongsam Lee||EVP||Sell||32,000||$40.06||$1,281,920.00|| |
|3/21/2016||Yongsam Lee||EVP||Sell||32,000||$39.83||$1,274,560.00|| |
|3/15/2016||Raad Mark De||CFO||Sell||40,000||$39.00||$1,560,000.00|| |
|2/29/2016||Raad Mark De||CFO||Sell||40,000||$38.11||$1,524,400.00|| |
|12/24/2015||Jon Coleman||insider||Sell||10,000||$42.00||$420,000.00|| |
|12/9/2015||Sanford Fitch||Director||Sell||2,000||$41.00||$82,000.00|| |
|11/11/2015||Sanford Fitch||Director||Sell||2,000||$42.67||$85,340.00|| |
|11/6/2015||Anand Sampath||COO||Sell||45,000||$42.00||$1,890,000.00|| |
|11/6/2015||Jon Coleman||insider||Sell||10,000||$42.38||$423,800.00|| |
|10/14/2015||Sanford Fitch||Director||Sell||2,000||$39.29||$78,580.00|| |
|9/17/2015||Paul Jansen||EVP||Sell||10,000||$42.88||$428,800.00|| |
|9/9/2015||Sanford Fitch||Director||Sell||2,000||$41.29||$82,580.00|| |
|8/31/2015||Thomas Samuel Mcclenahan||EVP||Sell||22,000||$40.62||$893,640.00|| |
|8/26/2015||Paul Jansen||EVP||Sell||10,000||$40.88||$408,800.00|| |
|7/22/2015||Rick Fishel||Insider||Sell||35,084||$41.85||$1,468,265.40|| |
|7/21/2015||Joe E Kiani||CEO||Sell||300,000||$40.55||$12,165,000.00|| |
|7/21/2015||Steven Barker||Director||Sell||20,000||$40.00||$800,000.00|| |
|7/8/2015||Sanford Fitch||Director||Sell||2,000||$38.18||$76,360.00|| |
|6/10/2015||Sanford Fitch||Director||Sell||2,000||$36.49||$72,980.00|| |
|6/4/2015||Steven Barker||Director||Sell||25,000||$36.20||$905,000.00|| |
|4/8/2015||Sanford Fitch||Director||Sell||2,000||$34.57||$69,140.00|| |
|2/18/2015||Rick Fishel||Insider||Sell||18,170||$29.85||$542,374.50|| |
|5/22/2013||Robert Coleman||Director||Sell||59,400||$21.93||$1,302,642.00|| |
Headline Trends for Masimo Corporation (NASDAQ:MASI)
Latest Headlines for Masimo Corporation (NASDAQ:MASI)
Masimo Corporation (MASI) Chart for Tuesday, September, 19, 2017