Masimo Corporation (MASI)

NASDAQ: MASI · IEX Real-Time Price · USD
113.42
-2.98 (-2.56%)
At close: Jul 2, 2024, 4:00 PM
113.60
+0.18 (0.16%)
After-hours: Jul 2, 2024, 6:56 PM EDT
-2.56%
Market Cap 6.03B
Revenue (ttm) 1.98B
Net Income (ttm) 79.10M
Shares Out 53.18M
EPS (ttm) 1.47
PE Ratio 77.16
Forward PE 30.95
Dividend n/a
Ex-Dividend Date n/a
Volume 805,836
Open 117.37
Previous Close 116.40
Day's Range 112.07 - 117.37
52-Week Range 75.22 - 162.00
Beta 1.00
Analysts Buy
Price Target 155.40 (+37.01%)
Earnings Date Aug 6, 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]

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 $155.4, which is an increase of 37.01% from the latest price.

Price Target
$155.4
(37.01% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Masimo Corporation Investors: Class action lawsuit filed on behalf of investors; the Portnoy Law Firm

Investors can contact the law firm at no cost to learn more about recovering their losses

7 hours ago - GlobeNewsWire

Masimo Provides Facts, Exposes False Narratives in Response to Latest Politan Fictions

IRVINE, Calif.--(BUSINESS WIRE)--Masimo Corporation (“Masimo” or the “Company”) (NASDAQ: MASI) today issued the following statement to address what Masimo strongly believes is Politan's campaign of de...

14 hours ago - Business Wire

Lowey Dannenberg, P.C. is Investigating Masimo Corporation (NASDAQ: MASI) for Potential Violations of the Federal Securities Laws and Encourages Investors with more than $50,000 in Losses to Contact the Firm

NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating Masimo Corporation (“Masimo”) (NASDAQ: MASI)...

1 day ago - GlobeNewsWire

Masimo Nominee Christopher Chavez Would Bring Fierce Independence, Exemplary Medtech CEO Experience to Masimo Board

IRVINE, Calif.--(BUSINESS WIRE)--Masimo Corporation (“Masimo” or the “Company”) (NASDAQ: MASI) today issued a letter to stockholders in connection with the Company's 2024 Annual Meeting of Stockholder...

1 day ago - Business Wire

Masimo Announces Sleep Halo™, Advanced Sleep Analysis for the Masimo W1®

IRVINE, Calif.--(BUSINESS WIRE)--The Masimo W1® Sport advanced health tracking wearable is gaining a powerful new feature, scientifically based sleep analysis with Sleep Halo™.

1 day ago - Business Wire

Masimo COO Muhsin to resign if activist investor Politan takes control

Masimo Chief Operating Officer Bilal Muhsin has told the board he would resign if activist investor Politan Capital Management takes control of the company and CEO Joe Kiani is removed, according to a...

1 day ago - Reuters

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Masimo Corporation – MASI

NEW YORK, June 30, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Masimo Corporation (“Masimo” or the “Company”) (NASDAQ: MASI).   Such investors are advised ...

2 days ago - GlobeNewsWire

MASI ANNOUNCEMENT: If You Have Suffered Losses in Masimo (NASDAQ: MASI), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

NEW YORK, June 28, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Masimo Corporation...

4 days ago - GlobeNewsWire

Masimo and Cleveland Clinic Collaborate to Improve Hospital Remote Care

IRVINE, Calif. & CLEVELAND--(BUSINESS WIRE)--Masimo and Cleveland Clinic are launching a new partnership centered around hospital-based remote patient monitoring, including TeleCritical Care.

5 days ago - Business Wire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Masimo Corporation - MASI

NEW YORK, NY / ACCESSWIRE / June 26, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Masimo Corporation ("Masimo" or the "Company") (NASDAQ:MASI). Such investors are advised to ...

6 days ago - Accesswire

Masimo Files Investor Presentation Highlighting Innovation-Driven Value, Strategic Initiatives to Deliver Robust Growth and Margin Expansion and Risks of Ceding Control to Politan

IRVINE, Calif.--(BUSINESS WIRE)--Masimo Corporation (“Masimo” or the “Company”) (Nasdaq: MASI) today filed an investor presentation with the U.S. Securities and Exchange Commission in connection with ...

6 days ago - Business Wire

Politan Details Why a Truly Independent Board is Urgently Needed at Masimo in Order to Protect Shareholder Value and Realize the Company's Full Potential

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 sent a lett...

6 days ago - Business Wire

Masimo activist Politan presents 'last chance' for shareholders to force change at med-tech company

Masimo activist Politan laid out its renewed case for change in a push to win two more board seats at the medical device company. Politan seeks to oust CEO Joe Kiani from the board and says the compan...

6 days ago - CNBC

Rosen Law Firm Encourages Masimo Corporation Investors to Inquire About Securities Class Action Investigation - MASI

NEW YORK , June 26, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Masimo Corporation (NASDAQ...

6 days ago - PRNewsWire

In Another Win for Masimo, Knobbe Martens Secures Dismissal of Infringement Lawsuit

IRVINE, Calif., June 24, 2024 /PRNewswire/ -- Knobbe Martens secured another victory for Masimo Corporation (NASDAQ: MASI) with the successful dismissal with prejudice of a patent infringement lawsuit...

8 days ago - PRNewsWire

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Masimo Corporation Investors to Inquire About Securities Class Action Investigation – MASI

NEW YORK, June 23, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Masimo Corporation...

9 days ago - GlobeNewsWire

Masimo Provides Facts in Response to Politan's False Narrative

IRVINE, Calif.--(BUSINESS WIRE)--Masimo (NASDAQ: MASI) today issued the following statement to set the record straight regarding Politan's “Background of the Solicitation” section of its proxy stateme...

12 days ago - Business Wire

Masimo Corporation Announcement: If You Have Suffered Losses in Masimo Corporation (NASDAQ: MASI), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

NEW YORK, June 19, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Masimo Corporation...

13 days ago - GlobeNewsWire

Masimo Board of Directors Files Definitive Proxy and Issues Letter to Stockholders

IRVINE, Calif.--(BUSINESS WIRE)--Members of the Masimo Corporation (“Masimo” or the “Company”) (NASDAQ: MASI) Board of Directors today issued a letter to stockholders in connection with its definitive...

15 days ago - Business Wire

ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Masimo Corporation Investors to Inquire About Securities Class Action Investigation – MASI

NEW YORK, June 15, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Masimo Corporation...

17 days ago - GlobeNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Masimo Corporation - MASI

NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Masimo Corporation (“Masimo” or the “Company”) (NASDAQ: MASI).   Such investors are advised ...

19 days ago - GlobeNewsWire

Rosen Law Firm Urges Masimo Corporation (MASI) Stockholders with Large Losses to Contact the Firm for Information About Their Rights

NEW YORK , June 11, 2024 /PRNewswire/ -- WHY: June 11, 2024. Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Masimo...

21 days ago - PRNewsWire

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Masimo Corporation Investors to Inquire About Securities Class Action Investigation – MASI

NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Masimo Corporation...

22 days ago - GlobeNewsWire

Masimo Corporation Investors: Class action lawsuit filed on behalf of investors; the Portnoy Law Firm

Investors can contact the law firm at no cost to learn more about recovering their losses

26 days ago - GlobeNewsWire

MASI INVESTOR NOTICE: ROSEN, A TOP RANKED LAW FIRM, Encourages Masimo Corporation Investors to Inquire About Securities Class Action Investigation – MASI

NEW YORK, June 06, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Masimo Corporation...

26 days ago - GlobeNewsWire