MASI Masimo Corporation

Masimo Corporation's stock has reached a 52-week low at $131.47, reflecting a challenging year with a 22.35% decline over the past 12 months. Despite not being profitable in the last year, analysts predict profitability for the company this year with an EPS forecast of $5.55, and six analysts have revised their earnings expectations upward. Strategic initiatives discussed at Investor Day, including revenue CAGR targets and revised EPS, suggest potential future growth.

Perpetual Ltd significantly reduced its stake in Masimo Corporation, selling 49.7% of its holdings in Q3, bringing its total to 10,648 shares valued at approximately $1.57 million. Despite this, institutional ownership remains high at 85.96%, with other major funds increasing their positions. Analyst sentiment is mixed, resulting in a consensus "Hold" rating and a target price of $189.40 for Masimo (NASDAQ:MASI).

Masimo Corporation's stock has hit a 52-week low of $133.66, marking a 22.49% decline over the past year due to various market challenges. Despite this, the company maintains strong liquidity and analysts have revised earnings upwards, with several firms reiterating positive ratings and price targets based on long-term growth strategies presented at their Investor Day. Investors are monitoring Masimo's ability to rebound from this low point.

The Texas Permanent School Fund Corp significantly reduced its stake in Masimo Corporation, selling over 17,000 shares and retaining a holding valued at $5.793 million. Despite this, other major institutions like Massachusetts Financial Services and Westfield Capital increased their positions, indicating mixed investor sentiment. Masimo shares are currently trading near their 1-year low, with analysts providing a mixed outlook but an average price target significantly higher than current prices.

Corient Private Wealth LLC reduced its stake in Masimo Corporation (NASDAQ:MASI) by 5.1% in the second quarter, selling 17,624 shares and now owning 330,414 shares worth $55.58 million. Other institutional investors like Nordea Investment Management AB and Westfield Capital Management Co. LP also adjusted their positions. Masimo's stock opened at $134.52, has a market capitalization of $7.23 billion, and analysts have a consensus "Hold" rating with an average target price of $189.40.

Masimo Corporation's stock has reached a 52-week low at $133.66, marking a 22.49% decline over the past year due to various market challenges. Despite this, InvestingPro data indicates aggressive share buybacks by management and upward revised earnings forecasts from analysts. The company, which is not currently profitable, maintains strong liquidity and appears slightly undervalued.