Masimo (NASDAQ: MASI) is one of 46 public companies in the “Electromedical equipment” industry, but how does it weigh in compared to its rivals? We will compare Masimo to similar businesses based on the strength of its profitability, dividends, institutional ownership, risk, valuation, analyst recommendations and earnings.

Profitability

This table compares Masimo and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Masimo 16.49% 22.75% 17.54%
Masimo Competitors -136.38% 32.40% -12.75%

Risk & Volatility

Masimo has a beta of 0.94, meaning that its stock price is 6% less volatile than the S&P 500. Comparatively, Masimo’s rivals have a beta of 1.58, meaning that their average stock price is 58% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings for Masimo and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Masimo 0 1 5 0 2.83
Masimo Competitors 145 447 975 26 2.55

Masimo currently has a consensus price target of $102.17, suggesting a potential upside of 12.11%. As a group, “Electromedical equipment” companies have a potential upside of 18.71%. Given Masimo’s rivals higher probable upside, analysts plainly believe Masimo has less favorable growth aspects than its rivals.

Earnings and Valuation

This table compares Masimo and its rivals top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Masimo $798.11 million $131.61 million 37.20
Masimo Competitors $1.10 billion $121.69 million -28.59

Masimo’s rivals have higher revenue, but lower earnings than Masimo. Masimo is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Institutional and Insider Ownership

81.3% of Masimo shares are owned by institutional investors. Comparatively, 41.9% of shares of all “Electromedical equipment” companies are owned by institutional investors. 16.6% of Masimo shares are owned by insiders. Comparatively, 20.6% of shares of all “Electromedical equipment” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Summary

Masimo beats its rivals on 7 of the 13 factors compared.

About Masimo

Masimo Corporation, a medical technology company, develops, manufactures, and markets noninvasive monitoring technologies worldwide. The company offers Masimo Signal Extraction Technology (SET) pulse oximetry with measure-through-motion and low-perfusion pulse oximetry monitoring to address the primary limitations of conventional pulse oximetry. It also provides Masimo rainbow SET platform that includes rainbow SET Pulse CO-Oximetry products that noninvasively monitor hemoglobin species, including oxygen saturation, pulse rate, perfusion index, pleth variability index, and respiration rate from the pleth; noninvasively monitor hemoglobin concentration, and carboxyhemoglobin and methemoglobin saturation; monitor arterial oxygen saturation and acoustic respiration rate; and calculates oxygen content and oxygen reserve index. In addition, the company offers SedLine brain function monitoring technology to measure the brain's electrical activity by detecting EEG signals; capnography and gas monitoring products comprising external plug-in-and-measure capnography and gas analyzers, integrated modules, and handheld capnograph and capnometer devices; and O3 regional oximetry for tissue oxygen saturation measurement. Further, it provides Patient SafetyNet, a surveillance, remote monitoring, and clinician notification solution; MyView, a wireless presence-detection system; and connectivity devices. The company provides its products directly, as well as through distributors and original equipment manufacturers partners to hospitals, emergency medical service providers, physician offices, veterinarians, long term care facilities, and consumers. Masimo Corporation has a strategic partnership with NU Hospitals. The company was founded in 1989 and is headquartered in Irvine, California.

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