Masimo Corp (NASDAQ: MASI) has reported E.P.S. of $0.36 for its first fiscal quarter (ending March 31) versus $0.40 for the same period a year ago — a decline of -10%. This performance was $-0.45 short of the consensus estimate of $0.81. E.P.S. were $1.50 for the latest four quarters through March 31 versus $2.24 for the same period a year ago — a decline of -33%.
Recent Price Action
On 5/7/24, Masimo Corp (NASDAQ: MASI) stock declined modestly by -1.4%, closing at $136.00. Moreover, this decline was accompanied by exceptionally high trading volume at 253% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, MASI is expected to continue to be an important Value Builder.
Masimo has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Masimo has a poor Appreciation Score of 23 but a very high Power Rating of 90, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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