Masimo Corporation (MASI)

NASDAQ: MASI · Real-Time Price · USD
164.95
+1.45 (0.89%)
At close: Nov 20, 2024, 4:00 PM
165.47
+0.52 (0.32%)
After-hours: Nov 20, 2024, 4:00 PM EST
0.89%
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]

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 $163.67, which is a decrease of -0.78% from the latest price.

Price Target
$163.67
(-0.78% downside)
Analyst Consensus: Buy
Stock Forecasts

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...

6 days 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 ...

7 days 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...

15 days 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...

15 days 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.

22 days 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.

22 days 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
25 days 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
26 days 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. ...

4 weeks 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...

4 weeks ago - Business Wire

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.

Other symbols: TVTX
5 weeks ago - Benzinga

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.

2 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...

2 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...

2 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...

2 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...

2 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...

2 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
2 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...

2 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
2 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
2 months ago - PYMNTS

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...

2 months ago - Business Wire

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 ...

2 months ago - Business Wire

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.

2 months ago - Business Wire

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.

2 months ago - Business Wire