Masimo Corporation (MASI) was a big mover last session, as the company saw its shares rise slightly over 8% on the day. The move came on the company’s announcement of upbeat earnings and revenues for both fourth-quarter and full year 2014 on Tuesday. This led to solid volume with far more shares changing hands than in a normal session. With this, the recent uptrend for the company continues, as the stock is now up 15.9% since Jan 30, 2015.
The company has seen no estimate revisions in the past 7 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Masimo Corporation currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
A better-ranked stock in the same space is Luminex Corporation (LMNX), sporting a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Be the first to comment