Alert: Rating Downgrade (8/9/24)-Masimo Corp (NASDAQ: MASI).

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Stock Rating Downgrade

In the last week the Value Trend Rating for Masimo Corp (NASDAQ: MASI) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.

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Recent Price Action

Masimo Corp (NASDAQ: MASI) stock closed at $126.87 on 8/9/24 after a slight decline of -0.8%. NORMAL trading volume accompanied the decline. The stock has risen 18.2% during the last week and has been strong relative to the market over the last nine months.

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 D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Masimo has a poor Appreciation Score of 19 but a neutral Power Rating of 59, resulting in the Negative Value Trend Rating.

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