Analysts and investors are usually very focused on company earnings numbers when they are released. Company earnings are a good way to evaluate the profitability of the company. Presently, covering analysts are anticipating Masimo Corporation (NASDAQ:MASI) to report quarterly EPS of $0.42. The company’s next earnings report is expected to be released on or around 2016-11-03 for the period ending on 2016-09-30.
The company posted EPS of $0.36 for the same quarter last year. Most recently, the company reported EPS of $0.49. Prior to the last earnings report, Zacks Research had a consensus estimate looking for EPS of $0.41. The gap between the estimate and actual number was $0.08 which created a surprise factor of 19.51%. The surprise factor can cause substantial stock fluctuations after the earnings release.
Before and after the earnings report, covering Wall Street analysts often make updates to their projections. Analysts taken into consideration by Zacks Research have a current mean target price of $59.2 on shares. This target consists of 5 research analysts polled by Zacks Research. Analysts may have different stances on where they see the stock headed in the future. Among the polled analysts, the highest estimate sees the stock going to 63 in the next year. The analyst with the lowest target price views shares reaching $55 within the same period. Zacks Research also compiles analyst ratings using a scale that ranges from 1 to 5. If the company has a ratings score of 1, this would represent a Strong Buy. If the company has a 5 rating, this would signify a Strong Sell. Combining all the ratings on Masimo Corporation (NASDAQ:MASI), the current mean stands at 1.83.
Analyst recommendations and estimates are for informational purposes only and should be used along with a number of other factors when considering an investment position.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.