Piper Sandler Maintains Neutral on Masimo, Raises Price Target to $150
Piper Sandler analyst Jason Bednar maintains Masimo (NASDAQ:MASI) with a Neutral and raises the price target from $135 to $150.
Wolfe Research Upgrades Masimo to Outperform, Announces $165 Price Target
Wolfe Research analyst Mike Polark upgrades Masimo (NASDAQ:MASI) from Peer Perform to Outperform and announces $165 price target.
Benzinga’s Top Ratings Upgrades, Downgrades For September 14, 2022
Upgrades
For Iris Energy Ltd (NASDAQ:IREN), Compass Point upgraded the previous rating of Neutral to Buy. The current stock performance of Iris Energy shows a 52-week-high of $17.97 and a 52-week-low of $2.89. Moreover, at the end of the last trading period, the closing price was at $4.26.
Stifel Maintains Buy on Masimo, Raises Price Target to $172
Stifel analyst Rick Wise maintains Masimo (NASDAQ:MASI) with a Buy and raises the price target from $162 to $172.
Masimo’s (MASI) Q2 Earnings Surpass Estimates, Margins Down
Masimo Corporation (NASDAQ: MASI) delivered adjusted earnings per share (ETF:EPS) of $1.35 in the second quarter of 2022, up 43.6% year over year. The figure surpassed the Zacks Consensus Estimate by 13.5%.
Needham Maintains Buy on Masimo, Raises Price Target to $179
Needham analyst Mike Matson maintains Masimo (NASDAQ:MASI) with a Buy and raises the price target from $163 to $179.
Earnings Scheduled For August 9, 2022
Companies Reporting Before The Bell
• Cognition Therapeutics (NASDAQ:CGTX) is estimated to report earnings for its second quarter.
Masimo’s Return on Invested Capital Insights
According to Benzinga Pro, during Q1, Masimo (NASDAQ:MASI) earned $46.59 million, a 31.74% increase from the preceding quarter. Masimo's sales decreased to $304.24 million, a 7.12% change since Q4.
7 Analysts Have This to Say About Masimo
Masimo (NASDAQ:MASI) has observed the following analyst ratings within the last quarter:
Masimo Posts Better Than Expected Q1 Earnings Despite ‘Unexpected’ Supply Chain Issues
Masimo Corp’s (NASDAQ:MASI) Q1 revenue increased 1.7% Y/Y (+3.2% on a constant currency basis) to $304.2 million, beating the consensus of…