News for Masimo Corporation (3M4.F)

The following slide deck was published by Masimo Corporation in conjunction with their 2020 Q4 earnings call.

Risk/reward tradeoffs and net payoffs offered by this group are better than those of many S&P 500 stocks.

Here's a roundup of top developments in the biotech space over the last 24 hours. Scaling The Peaks (Biotech Stocks Hitting 52-week Highs Feb. 22) ...

Major mobile health market players include Allscripts Healthcare Solutions, AT&T, Apple, Philips Healthcare, Masimo Corporation, Cardionet, Boston Scientific, BioTelemetry, Qualcomm, Samsung Electronics, Vodafone group, Medtronic, Inc., Johnson & Johnson, Cisco Systems Inc., and Omron Healthcare, Inc.

Masimo Corporation (MASI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

DTE Energy posted better-than-expected earnings in the fourth quarter, as the diversified energy company saw an increase in customer demand for natural gas. The Detroit-based company’s 4Q earnings rose 3% to $1.39 per share on a year-over-year basis and beat Street estimates of $1.24 per share. DTE Energy’s (DTE) earnings from its natural gas utility segment came in at $84 million, up 31% year-over-year. The electric utility earnings amounted to $102 million, down 20.3%. For 2021, the company reaffirmed its outlook and expects adjusted EPS to come in at a range of $6.88 to $7.26, versus the consensus of $7.16. (See DTE stock analysis on TipRanks) DTE CFO David Ruud said, “We are well positioned for another solid year in 2021 as we continue to invest in reliability and infrastructure improvements for our customers.” DTE Energy also announced the progress on the spin-off of its non-utility natural gas pipeline, storage, and gathering business into a new and independent publicly-traded company. The company has initiated the Form 10 registration process with the Securities and Exchange Commission (SEC). The planned move will enhance focus on key customers and is likely to provide faster growth, the company said. The spin-off, which was announced in Oct. 2020, is expected to be completed by mid-year 2021. The transaction awaits the board of directors’ final approval and other regulatory approvals. On Jan. 21, Evercore ISI analyst Durgesh Chopra upgraded the stock’s rating to Buy from Hold and increased the price target to $134 (11.5% upside potential) from $121, as “the firm shook up its Energy sector ratings with a cautious view on the group in the near-term and a preference for value over quality.” The rest of the Street is cautiously optimistic about the stock with a Moderate Buy consensus rating. That’s based on 2 analysts suggesting a Buy and 3 analysts recommending a Hold. The average analyst price target of $133 implies around 11% upside potential to current levels. Shares have appreciated 5% over the past six months. DTE Energy scores a 9 of 10 from TipRanks’ Smart Score rating system, indicating that the stock has strong potential to outperform market expectations. Related News: CAE’s Quarterly Profit Lags Estimates Amid Air Travel Slump Moody’s Posts Better-Than-Expected 4Q Revenue But Profit Disappoints Lincoln Electric Posts Better-Than-Expected Quarterly Profit; Street Sees 5% Upside More recent articles from Smarter Analyst: Motosport Snaps Up KartKraft; Street Sees 41% Upside Dynavax’s Hepatitis B Vaccine Authorized In Europe; Shares Rise 6% Coca-Cola Seeks Controlling Stake In BodyArmor Sports Drink - Report Appian Posts Smaller-Than-Feared 4Q Loss; Shares Drop 6%

Biotech stocks pulled back along with the broader market in the holiday-shortened week ended Feb 19. Earnings news flow was light before picking u...

Biotech stocks pulled back along with the broader market in the holiday-shortened week ended Feb 19. Earnings news flow was light before picking up pace in ...

Masimo Announces the iSirona™ Connectivity Hub Irvine, California - January 19, 2021 - Masimo today announced the global launch of iSirona™, a compact, versatile... | February 2, 2021

Dallas, Texas, Jan. 26, 2021 (GLOBE NEWSWIRE) -- The "Global Clinical Alarm Management Market Size 2020, By Product (Nurse Call Systems, Physiological ...

Activist investor David Einhorn has reduced his stake in Consol Energy Inc. after the coal miner slumped 50% last year. Einhorn’s hedge fund Greenlight...

Here's a roundup of top developments in the biotech space over the last 24 hours. Scaling The Peaks (Biotech Stocks Hitting 52-week Highs Jan. 7) ...