Masimo Corporation (MASI)
Market Cap | 8.83B |
Revenue (ttm) | 2.04B |
Net Income (ttm) | 78.60M |
Shares Out | 53.54M |
EPS (ttm) | 1.45 |
PE Ratio | 113.90 |
Forward PE | 35.60 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 514,207 |
Open | 162.66 |
Previous Close | 163.50 |
Day's Range | 161.02 - 165.63 |
52-Week Range | 91.60 - 173.90 |
Beta | 0.97 |
Analysts | Buy |
Price Target | 163.67 (-0.78%) |
Earnings Date | Nov 5, 2024 |
About MASI
Masimo Corporation develops, manufactures, and markets various patient monitoring technologies, and automation and connectivity solutions worldwide. The company offers masimo signal extraction technology (SET) pulse oximetry with measure-through motion and low perfusion pulse oximetry monitoring to address the primary limitations of conventional pulse oximetry; Masimo rainbow SET platform, including rainbow SET Pulse CO-Oximetry products that allows noninvasive monitoring of carboxyhemoglobin, methemoglobin, hemoglobin concentration, fractional... [Read more]
Financial Performance
In 2023, Masimo's revenue was $2.05 billion, an increase of 0.60% compared to the previous year's $2.04 billion. Earnings were $81.50 million, a decrease of -43.21%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for MASI stock is "Buy." The 12-month stock price forecast is $163.67, which is a decrease of -0.78% from the latest price.
News
Masimo to Present in the Jefferies London Healthcare Conference
IRVINE, Calif.--(BUSINESS WIRE)--Masimo (NASDAQ: MASI) today announced that its management will participate in the Jefferies London Healthcare Conference on Thursday, November 21, 2024 at 8:30 a.m. GM...
Masimo to Present in Stifel 2024 Healthcare Conference
IRVINE, Calif.--(BUSINESS WIRE)--Masimo (NASDAQ: MASI) today announced that its management will participate in the Stifel 2024 Healthcare Conference on Monday, November 18, 2024 at 11:30 a.m. Eastern ...
Masimo Corporation (MASI) Q3 2024 Earnings Call Transcript
Masimo Corporation (NASDAQ:MASI) Q3 2024 Earnings Conference Call November 5, 2024 4:30 PM ET Company Participants Eli Kammerman - VP of Business Development and IR Michelle Brennan - Interim CEO Mic...
Masimo Reports Third Quarter 2024 Financial Results
IRVINE, Calif.--(BUSINESS WIRE)--Masimo Corporation (Nasdaq: MASI) today announced its financial results for the third quarter ended September 28, 2024. Third Quarter 2024 Results Consolidated revenue...
Masimo Terminates Founder Kiani as CEO
Medical-device maker said Joe Kiani, who previously informed the board of his decision to resign as chief executive, has been terminated by the company, following a review by outside counsel.
Vanderbilt University Medical Center Integrates Masimo Radius VSM™ in Proactive Care Protocol to Combat Emergency Room Congestion
IRVINE, Calif.--(BUSINESS WIRE)--Vanderbilt University Medical Center is launching Masimo Radius VSM™ advanced wireless patient-worn vital signs monitoring technology in the ED.
Apple wins $250 from Masimo in watch patent trial
A federal jury ruled Friday that Masimo smartwatches infringed Apple patents, but Apple isn't getting a big payday.
Masimo smartwatches infringe Apple design patents, US jury says
Apple convinced a federal jury on Friday that health monitoring tech company Masimo's smartwatches infringe two of its design patents.
Masimo to Report Third Quarter 2024 Financial Results after Market Close on Tuesday, November 5
IRVINE, Calif.--(BUSINESS WIRE)--Masimo (NASDAQ: MASI) will release third quarter 2024 financial results for the period ended September 28, 2024, after the market closes on Tuesday, November 5, 2024. ...
Masimo Appoints Timothy Scannell and Wendy Lane to Board of Directors
IRVINE, Calif.--(BUSINESS WIRE)--Masimo Corporation (Nasdaq: MASI), a leading global medical innovator, today announced the appointments of Timothy J. Scannell and Wendy E. Lane to the Company's Board...
Top 2 Health Care Stocks That Are Ticking Portfolio Bombs
As of Oct. 10, 2024, two stocks in the health care sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Masimo's Joe Kiani resigns as CEO after board ouster
Masimo said on Wednesday that Joe Kiani has decided to resign as CEO, days after shareholders voted to remove him from the company's board.
Masimo Provides Leadership and Business Updates
IRVINE, Calif.--(BUSINESS WIRE)--Today the Board of Directors (the “Board”) of Masimo (Nasdaq: MASI) a leading global medical innovator, provided a series of leadership and business updates: Leadershi...
Masimo CEO Joe Kiani ousted from board after proxy fight; Politan wins two seats
Activist investor Politan won the two board seats it was seeking at Masimo, defeating founder Joe Kiani and another director at the shareholder vote. Politan nominees Darlene Solomon and Bill Jellison...
Masimo shareholders elect both Politan nominees in bitter boardroom battle
Masimo Corp shareholders elected both director candidates proposed by veteran activist investor Quentin Koffey's hedge fund Politan Capital Management, in one of the most contentious boardroom battles...
Politan Comments on Results of Masimo's 2024 Annual Meeting
NEW YORK--(BUSINESS WIRE)--Politan Capital Management (together with its affiliates, “Politan”), a 9% shareholder of Masimo Corporation (“Masimo” or the “Company”) (NASDAQ: MASI), today commented on t...
Leading Proxy Advisory Firm Glass Lewis Reiterates Recommendation That Masimo Shareholders Vote FOR Both of Politan's Independent Director Nominees
NEW YORK--(BUSINESS WIRE)--Politan Capital Management (together with its affiliates, “Politan”), an 8.9% shareholder of Masimo Corporation (“Masimo” or the “Company”) (NASDAQ: MASI), today highlighted...
Sourcescrub Names Co-Founder as New CEO as Company Expands Its Product Differentiation
SAN FRANCISCO--(BUSINESS WIRE)--Sourcescrub LLC, the leading deal-sourcing platform, is excited to announce the return of co-founder Prescott Nasser as CEO. With a history of driving innovation and st...
Politan Highlights Need for Further Change in Masimo's Boardroom Ahead of Thursday's Annual Meeting
NEW YORK--(BUSINESS WIRE)--Politan Capital Management (together with its affiliates, “Politan”), an 8.9% shareholder of Masimo Corporation (“Masimo” or the “Company”) (NASDAQ: MASI), today issued an o...
Masimo CEO on Partnership With Google and Qualcomm
Masimo has partnered with Google and Qualcomm to develop a reference platform to help bring more smartwatches to market with their bio-sensing capabilities. Masimo CEO Joe Kiani joins Caroline Hyde an...
Google Launches Smartwatch Pact With MedTech Firm Masimo
After tangling in court with Apple over smartwatch features, medical technology company Masimo is teaming with Google. The company announced in a news release Saturday (Sept.
Masimo Shares Final Thoughts Ahead of September 19 Annual Meeting Where Everything is at Stake
IRVINE, Calif.--(BUSINESS WIRE)--Masimo Corporation (“Masimo” or the “Company”) (NASDAQ: MASI), a global leader in noninvasive monitoring technologies and audio products, today is sharing a summary of...
Politan Comments on Masimo's Latest Attempt to Block a Fair Shareholder Vote
NEW YORK--(BUSINESS WIRE)--Politan Capital Management (together with its affiliates, “Politan”), an 8.9% shareholder of Masimo Corporation (“Masimo” or the “Company”) (NASDAQ: MASI), today issued the ...
Masimo Partners with Qualcomm to Develop Next-Generation Smartwatch Reference Platform for Original Equipment Manufacturers
IRVINE, Calif.--(BUSINESS WIRE)--Masimo is partnering with Qualcomm Technologies to develop a comprehensive reference platform to expand the Wear OS by Google™ ecosystem.
Masimo Partners with Google to Develop a Reference Platform That Helps Device Manufacturers Bring High-performing Wear OS Smartwatches to Market
IRVINE, Calif.--(BUSINESS WIRE)--Masimo announced a partnership with Google to develop a comprehensive smartwatch reference platform for OEMs building Wear OS by Google smartwatches.