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Merit Medical Systems (MMSI)
NASDAQ:MMSI
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MMSI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$70.70 - $108.08
Previous Close$96.27
Volume1.45M
Average Volume (3M)387.73K
Market Cap
$5.61B
Enterprise Value$5.91B
Total Cash (Recent Filing)$523.13M
Total Debt (Recent Filing)$819.15M
Price to Earnings (P/E)47.2
Beta0.40
Next Earnings
Mar 04, 2025EPS Estimate
$0.82Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.04
Shares Outstanding58,279,409
10 Day Avg. Volume724,981
30 Day Avg. Volume387,734
Standard Deviation0.08
R-Squared0.28
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)4.33
Price to Sales (P/S)4.23
Price to Cash Flow (P/CF)29.60
P/FCF Ratio37.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.45
Enterprise Value/Gross Profit10.12
Enterprise Value/Ebitda27.82
Forecast
1Y Price Target
$113.14Price Target Upside15.19% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Merit Medical Systems News
PremiumCompany Announcements
Merit Medical Systems Announces Leadership Change Amid Investigation
Bulls Say, Bears Say
Bulls Say
Financial PerformanceMerit Medical has shown strong execution with 17 consecutive quarters of revenue beats and steady gross margin improvement.
Product LaunchThe upcoming Wrapsody device is expected to generate significant growth and profitability, indicating meaningful upside opportunities for the company.
Regulatory ApprovalWrapsody's potential approval for transitional pass-through payment could accelerate its adoption and provide further upside.
Bears Say
Corporate StrategyMr. Wright’s resignation is expected to reignite questions about Merit’s CEO succession plan.
Financial PerformanceThe deal is expected to be 1-2 cents dilutive to 2024 EPS and dilutive in year 1.
LeadershipMMSI President and potential CEO successor resigns following undisclosed allegations regarding his conduct.
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Ownership Overview
2.42% Insiders
38.15% Mutual Funds
28.17% Other Institutional Investors
4.79% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MMSI FAQ
What was Merit Medical Systems’s price range in the past 12 months?
Merit Medical Systems lowest stock price was $70.70 and its highest was $108.08 in the past 12 months.
What is Merit Medical Systems’s market cap?
Currently, no data Available
When is Merit Medical Systems’s upcoming earnings report date?
Merit Medical Systems’s upcoming earnings report date is Mar 04, 2025 which is in 73 days.
How were Merit Medical Systems’s earnings last quarter?
Merit Medical Systems released its earnings results on Oct 30, 2024. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.798 by $0.062.
Is Merit Medical Systems overvalued?
According to Wall Street analysts Merit Medical Systems’s price is currently Undervalued.
Does Merit Medical Systems pay dividends?
Merit Medical Systems does not currently pay dividends.
What is Merit Medical Systems’s EPS estimate?
Merit Medical Systems’s EPS estimate is $0.82.
How many shares outstanding does Merit Medical Systems have?
Merit Medical Systems has 58,279,408 shares outstanding.
What happened to Merit Medical Systems’s price movement after its last earnings report?
Merit Medical Systems reported an EPS of $0.86 in its last earnings report, beating expectations of $0.798. Following the earnings report the stock price went up 3.962%.
Which hedge fund is a major shareholder of Merit Medical Systems?
Among the largest hedge funds holding Merit Medical Systems’s share is Iron Triangle Partners LP. It holds Merit Medical Systems’s shares valued at 25M.
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Merit Medical Systems Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$113.14 (15.19% Upside)
$113.14 (15.19% Upside)
Blogger Sentiment
Bullish
MMSI Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 234.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 5.3%
Last 30 Days ▼ 5.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
35.53%
12-Months-Change
Fundamentals
Return on Equity
9.40%
Trailing 12-Months
Asset Growth
31.49%
Trailing 12-Months
Company Description
Merit Medical Systems
Merit Medical Systems, Inc. engages in the manufacture and market of proprietary disposable medical devices. It operates through Cardiovascular and Endoscopy segments. The Cardiovascular segment consists of peripheral intervention, cardiac intervention, interventional oncology and spine, and cardiovascular and critical care product groups. The Endoscopy segment integrates advanced non-vascular stent technology with balloon dilators, inflation devices, guide wires, procedure kits, and other devices that are used by gastroenterologists, endoscopists, pulmonologists, and thoracic and general surgeons. The company was founded by Fred P. Lampropoulos, Darla Gill, Kent W. Stanger and William Padilla in July 1987 and is headquartered in South Jordan, UT.
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MMSI Company Deck
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MMSI Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Merit Medical delivered strong revenue and profitability growth, alongside significant free cash flow and positive clinical trial results for WRAPSODY. However, challenges remain in the OEM segment due to supply chain issues and a decline in China sales. The strategic acquisition of Cook Medical's portfolio is expected to enhance future growth.Read More>---
MMSI Stock 12 Month Forecast
Average Price Target
$113.14
▲(15.19% Upside)
Technical Analysis
Best Analysts Covering MMSI
1 Year
1 Year Success Rate
16/19 ratings generated profit
1 Year Average Return
+15.97%
assigned a buy rating 2 months ago
Copying Jason Bednar's trades and holding each position for 1 Year would result in 84.21% of your transactions generating a profit, with an average return of +15.97% per trade.
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