Masimo Corporation (MASI)

NASDAQ: MASI · Real-Time Price · USD
172.29
+2.35 (1.38%)
At close: Jan 17, 2025, 4:00 PM
172.42
+0.13 (0.08%)
After-hours: Jan 17, 2025, 4:00 PM EST
1.38%
Market Cap 9.22B
Revenue (ttm) 2.04B
Net Income (ttm) 78.60M
Shares Out 53.54M
EPS (ttm) 1.45
PE Ratio 118.96
Forward PE 37.21
Dividend n/a
Ex-Dividend Date n/a
Volume 564,076
Open 172.00
Previous Close 169.94
Day's Range 169.55 - 173.37
52-Week Range 101.61 - 180.97
Beta 1.01
Analysts Buy
Price Target 179.67 (+4.28%)
Earnings Date Feb 25, 2025

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]

Industry Medical Devices
Sector Healthcare
IPO Date Aug 8, 2007
Employees 3,800
Stock Exchange NASDAQ
Ticker Symbol MASI
Full Company Profile

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 Statements

Analyst Forecast

According to 7 analysts, the average rating for MASI stock is "Buy." The 12-month stock price forecast is $179.67, which is an increase of 4.28% from the latest price.

Price Target
$179.67
(4.28% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Masimo Announces Select Preliminary 2024 Financial Results and 2025 Guidance

IRVINE, Calif.--(BUSINESS WIRE)--Masimo Corporation (Nasdaq: MASI) today announced select preliminary financial results for the fourth quarter and full-year ended December 28, 2024 and provided estima...

4 days ago - Business Wire

Senzime Reaches Second Milestone of Masimo Collaboration with Launch of Integration to Iris Gateway

UPPSALA, SWEDEN / ACCESSWIRE / January 13, 2025 / Senzime (STO:SEZI)(OTCQX:SNZZF) Senzime AB (publ.), a leader in precision-based patient monitoring, today announced that the company has reached a sec...

7 days ago - Accesswire

Masimo to Present in the 43rd Annual J.P. Morgan Healthcare Conference

IRVINE, Calif.--(BUSINESS WIRE)--Masimo (NASDAQ: MASI) today announced that its management will participate in the 43rd Annual J.P. Morgan Healthcare Conference on Thursday, January 16, 2025 at 10:30 ...

12 days ago - Business Wire

Masimo To Rally More Than 13%? Here Are 5 Top Analyst Forecasts For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

24 days ago - Benzinga

Masimo to Present in the Piper Sandler 36th Annual Healthcare Conference

IRVINE, Calif.--(BUSINESS WIRE)--Masimo (NASDAQ: MASI) today announced that its management will participate in the Piper Sandler 36th Annual Healthcare Conference on Tuesday, December 3, 2024 at 8:30 ...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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 ...

2 months ago - Business Wire

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...

2 months ago - Seeking Alpha

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...

2 months ago - Business Wire

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.

2 months ago - WSJ

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.

2 months ago - Business Wire

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.

Other symbols: AAPL
3 months ago - TechCrunch

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.

Other symbols: AAPL
3 months ago - Reuters

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. ...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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.

4 months ago - Reuters

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...

4 months ago - Business Wire

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...

4 months ago - CNBC

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...

4 months ago - Reuters

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

Other symbols: IRT
4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

Other symbols: GOOGGOOGLQCOM
4 months ago - Bloomberg Technology

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.

Other symbols: GOOG
4 months ago - PYMNTS