Masimo Corp (NASDAQ: MASI) stock enjoyed a major increase of 11.3% on 8/7/24. The shares closed at $122.77. Moreover, this advance was accompanied by exceptionally high trading volume at 200% of normal. The stock has been strong relative to the market over the last nine months and has risen 15.3% 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, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this very positive 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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