Wall Street Analysts Believe Masimo (MASI) Could Rally 26.6%: Here's is How to Trade

Core Viewpoint - Masimo (MASI) shows potential for upside based on Wall Street analysts' short-term price targets, with a mean target of $186.14 indicating a 26.6% upside from the current price of $147.03 [1] Price Targets and Estimates - The mean estimate consists of seven short-term price targets with a standard deviation of $14.16, suggesting variability among analysts; the lowest estimate is $168.00 (14.3% increase), while the highest is $210.00 (42.8% increase) [2] - A low standard deviation indicates a high degree of agreement among analysts regarding the stock's price movement direction, which can serve as a starting point for further research [9] Earnings Estimates - Analysts have shown increasing optimism about MASI's earnings prospects, with a strong consensus in revising EPS estimates higher, which correlates with potential stock price movements [11] - The Zacks Consensus Estimate for the current year has risen by 3.5% over the past month, with three estimates increasing and no negative revisions [12] Zacks Rank - MASI holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating a strong potential for upside in the near term [13] Conclusion on Price Targets - While the consensus price target may not be a reliable measure of the extent of MASI's potential gains, it does provide a useful guide for the direction of price movement [14]