Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

Masimo Corporation (MASI - Analyst Report), a leader in non-invasive monitoring technology for patient care, recently revealed encouraging results from a multi-center study of its rainbow Acoustic Monitoring (RAM). This positive piece of news should boost investor confidence in the stock. The company’s stock returned a solid 22.3% to its investors on a year-to-date basis.
 
The study had analyzed the efficacy of RAM in comparison to capnography (nasal cannula) in post-surgical pediatric patient population. Results revealed that, despite having similar accuracy like capnography, RAM displayed better patient tolerance. The multi-center trial results were announced in Pediatric Anesthesia and conducted by researchers at Cincinnati Children's Hospital Medical Center, University of Arizona Medical Center, and Children's Medical Center at Dallas.
 
RAM is used to measure respiratory rates in a non-invasive manner (with a cloth adhesive sensor worn around the neck), thereby allowing better comfort for children. Researchers concluded that acoustic monitoring is a safer option to continuously monitor respiration rate in pediatric patients. Positive results from the clinical trial have highlighted MASI’s capabilities in developing products that are safe and reliable.
 
In September, MASI had entered into an agreement to sell its Masimo Patient SafetyNet to U.S.-based Saint Alphonsus Regional Medical Center. The 387-bed facility will install the device in patient rooms on orthopedic, general surgery, and neurology floors. Earlier, Masimo had forged an alliance with University Children's Hospital in Basel, Switzerland. The hospital was the first pediatric institution in the region to utilize the Masimo Patient SafetyNet in its general wards.
 
Currently, Masim haso a Zacks Rank #2 (Buy). MASI had reported earnings of 30 cents per share that beat the Zacks Consensus Estimate by 3 cents in the last reported quarter. Its revenues (including royalties) went up almost 12.0% to $137.4 million, also exceeding the Zacks Consensus Estimate of $136 million.
 
Apart from MASI, other medical instrument stocks that warrant a look include Mindray Medical International Ltd (MR - Analyst Report), MAKO Surgical Corp. and Dexcom, Inc. (DXCM - Analyst Report). All these stocks carry a Zacks Rank #2 (Buy).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GROUP DXYN 15.84 +7.90%
BOFL HOLDING BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%