Masimo Corp (NASDAQ:MASI) price on Friday, May 02, rose 1.69% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $166.42.
A look at the stock’s price movement, the close in the last trading session was $163.65, moving within a range at $164.8196 and $168.62. The beta value (5-Year monthly) was 1.278. Turning to its 52-week performance, $194.88 and $101.61 were the 52-week high and 52-week low respectively. Overall, MASI moved -2.95% over the past month.
Masimo Corp’s market cap currently stands at around $8.99 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-24.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MASI is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
11 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 8 recommend MASI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
MASI’s current price about 6.57% and 0.43% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 55.97, while 7-day volatility ratio is 2.68% and 5.92% in the 30-day chart. Further, Masimo Corp (MASI) has a beta value of 1.21, and an average true range (ATR) of 7.33. Analysts have given the company’s stock an average 52-week price target of $190, forecast between a low of $170 and high of $210. Looking at the price targets, the low is -2.15% off current price level while to achieve the yearly target high, price needs to move -26.19%. Nonetheless, investors will most likely welcome a -14.17% jump to $190 which is the analysts’ median price.
If we refocus on Masimo Corp (NASDAQ:MASI), historical trading data shows that trading volumes averaged 0.42 over the past 10 days and 578.81K over the past 3 months. The company’s latest data on shares outstanding shows there are 53.60 million shares.
The 7.85% of Masimo Corp’s shares are in the hands of company insiders while institutional holders own 95.56% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.79 million on 2025-04-15, giving us a short ratio of 4.16. The data shows that as of 2025-04-15 short interest in Masimo Corp (MASI) stood at 753.0 of shares outstanding, with shares short falling to 3.35 million registered in 2025-03-14. Current price change has pushed the stock 0.68% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MASI stock continues to rise going into the next quarter.
