Masimo Corporation [MASI] is 39.54% higher this YTD. Is it still time to buy?

Masimo Corporation [NASDAQ: MASI] plunged by -$1.52 during the normal trading session on Thursday and reaching a high of $222.44 during the day while it closed the day at $220.55. Masimo Corporation stock has also loss -0.39% of its value over the past 7 days. However, MASI stock has inclined by 26.84% in the 3 months of the year. Over the past six months meanwhile, it has gained 38.37% and gained 39.54% year-on date.

The market cap for MASI stock reached $11.69 billion, with 53.87 million shares outstanding and 49.90 million shares in the current float. Compared to the average trading volume of 676.89K shares, MASI reached a trading volume of 478631 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Masimo Corporation [MASI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MASI shares is $246.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MASI stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Needham have made an estimate for Masimo Corporation shares, keeping their opinion on the stock as Hold, with their previous recommendation back on April 20, 2020. The new note on the price target was released on March 02, 2020, representing the official price target for Masimo Corporation stock. Previously, the target price had yet another raise from $155 to $158, while Needham kept a Buy rating on MASI stock.

The Average True Range (ATR) for Masimo Corporation is set at 8.33, with the Price to Sales ratio for MASI stock in the period of the last 12 months amounting to 11.98. The Price to Book ratio for the last quarter was 9.48, with the Price to Cash per share for the same quarter was set at 12.37. Price to Free Cash Flow for MASI in the course of the last twelve months was 94.97 with Quick ratio for the last quarter at 5.50.

MASI stock trade performance evaluation

Masimo Corporation [MASI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.39. With this latest performance, MASI shares dropped by -1.65% in over the last four-week period, additionally plugging by 38.37% over the last 6 months – not to mention a rise of 55.54% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MASI stock in for the last two-week period is set at 46.80, with the RSI for the last a single of trading hit 42.94, and the three-weeks RSI is set at 48.56 for Masimo Corporation [MASI]. The present Moving Average for the last 50 days of trading for this stock 226.03, while it was recorded at 225.18 for the last single week of trading, and 177.60 for the last 200 days.

Masimo Corporation [MASI]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Masimo Corporation [MASI] shares currently have an operating margin of +23.59 and a Gross Margin at +67.09. Masimo Corporation’s Net Margin is presently recorded at +20.92.

Return on Total Capital for MASI is now 20.51, given the latest momentum, and Return on Invested Capital for the company is 18.23. Return on Equity for this stock inclined to 18.36, with Return on Assets sitting at 15.38. When it comes to the capital structure of this company, Masimo Corporation [MASI] has a Total Debt to Total Equity ratio set at 1.75. Additionally, MASI Total Debt to Total Capital is recorded at 1.72, with Total Debt to Total Assets ending up at 1.47. Long-Term Debt to Equity for the company is recorded at 1.36, with the Long-Term Debt to Total Capital now at 1.33.

Reflecting on the efficiency of the workforce at the company, Masimo Corporation [MASI] managed to generate an average of $37,022 per employee. Receivables Turnover for the company is 6.53 with a Total Asset Turnover recorded at a value of 0.74.Masimo Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 5.50 and a Current Ratio set at 6.20.

Earnings per share (EPS) analysis for Masimo Corporation [MASI] stock

With the latest financial reports released by the company, Masimo Corporation posted 0.76/share EPS, while the average EPS was predicted by analysts to be reported at 0.73/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 4.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MASI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Masimo Corporation go to 11.90%.

Masimo Corporation [MASI]: Insider Ownership positions

There are presently around $10,278 million, or 85.70% of MASI stock, in the hands of institutional investors. The top three institutional holders of MASI stocks are: BLACKROCK INC. with ownership of 6,678,471, which is approximately 2.044% of the company’s market cap and around 0.80% of the total institutional ownership; FMR LLC, holding 6,039,566 shares of the stock with an approximate value of $1.34 billion in MASI stocks shares; and VANGUARD GROUP INC, currently with $1.02 billion in MASI stock with ownership of nearly 1.284% of the company’s market capitalization.

Positions in Masimo Corporation stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 181 institutional holders increased their position in Masimo Corporation [NASDAQ:MASI] by around 5,596,749 shares. Additionally, 196 investors decreased positions by around 5,029,953 shares, while 69 investors held positions by with 35,656,153 shares. The mentioned changes placed institutional holdings at 46,282,855 shares, according to the latest SEC report filing. MASI stock had 61 new institutional investments in for a total of 1,649,668 shares, while 37 institutional investors sold positions of 279,573 shares during the same period.

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