Masimo Corp (NASDAQ: MASI) stock closed at $120.02 on 5/8/24 after a major decline of -11.8%. Moreover, this decline was accompanied by exceptionally high trading volume at 430% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -10.7% 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, producing the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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