With 0.84 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.49 million shares. The 52-week range on MASI shows that it touched its highest point at $191.10 and its lowest point at $101.61 during that stretch. It currently has a 1-year price target of $199.29. Beta for the stock currently stands at 1.03.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MASI was up-trending over the past week, with a rise of 5.07%, but this was up by 6.29% over a month. Three-month performance surged to 7.65% while six-month performance rose 57.10%. The stock gained 42.47% in the past year, while it has gained 12.64% so far this year. A look at the trailing 12-month EPS for MASI yields 1.46 with Next year EPS estimates of 5.89. For the next quarter, that number is 1.21. This implies an EPS growth rate of 19.22% for this year and 12.22% for next year. EPS is expected to grow by 14.82% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -15.29%.
Float and Shares Shorts:
At present, 53.50 million MASI shares are outstanding with a float of 49.63 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MASI since 11 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.09331 being high and $3.99348 being low. For MASI, this leads to a yearly average estimate of $4.03341. Based on analyst estimates, the high estimate for the next quarter is $1.29 and the low estimate is $1.17. The average estimate for the next quarter is thus $1.25.
