For its second fiscal quarter (ending June 30), Masimo Corp (NASDAQ: MASI) has reported a 0% change in E.P.S. from $0.30 a year ago to $0.30 in the current quarter. This performance was $-0.47 short of the consensus estimate of $0.76. E.P.S. were $1.50 for the latest four quarters through June 30 versus $2.20 for the same period a year ago — a decline of -32%.
Recent Price Action
On 8/6/24, Masimo Corp (NASDAQ: MASI) stock enjoyed a very large increase of 5.3%, closing at $110.32. Moreover, unusually high trading volume at 177% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 2.1% 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 (Low Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Masimo has a poor Appreciation Score of 24 but a slightly positive Power Rating of 65, resulting in the Low 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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