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Merit Medical Systems (MMSI)
NASDAQ:MMSI
Merit Medical Systems (MMSI) Stock Price & Analysis
241 Followers
MMSI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$62.58 - $85.62
Previous Close$82.26
Volume287.54K
Average Volume (3M)401.27K
Market Cap
$4.78B
Enterprise Value$5.08B
Total Cash (Recent Filing)$58.67M
Total Debt (Recent Filing)$355.26M
Price to Earnings (P/E)47.2
Beta0.79
Next Earnings
Jul 25, 2024EPS Estimate
$0.88Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.74
Shares Outstanding58,105,654
10 Day Avg. Volume339,883
30 Day Avg. Volume401,273
Standard Deviation0.12
R-Squared0.17
Alpha0.00220
Financial Highlights & Ratios
Price to Book (P/B)5.84
Price to Sales (P/S)16.29
Price to Cash Flow (P/CF)19.20
P/FCF Ratio18.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.44
Enterprise Value/Gross Profit9.78
Enterprise Value/Ebitda30.42
Forecast
1Y Price Target
$92.00Price Target Upside12.35% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Merit Medical Systems News
PremiumCompany Announcements
Merit Medical Systems Announces New President and Executive Compensation
PremiumPress Releases
Merit Medical Executive Leadership Team Update
Bulls Say, Bears Say
Bulls Say
Earnings PerformanceMerit Medical Systems reported a strong quarter with both revenue and non-GAAP EPS exceeding analyst expectations, signaling robust financial health.
Financial Guidance And Growth InitiativesMerit's reaffirmed financial guidance and clear long-range plan targeting annual top-line growth and significant operating margin expansion offer a positive outlook for the company's future performance.
Product Demand And Segment GrowthSignificant growth in both cardiovascular and endoscopy segments indicates rising demand for Merit's products, which could drive future revenue growth.
Bears Say
Earnings ForecastThe company's forecast for total revenue and EPS for the next fiscal year has been revised downwards, raising concerns about future profitability.
Financial OutlookThe company's outlook for the full year is conservative, suggesting potential challenges ahead that could impact financial performance.
Revenue GrowthOrganic revenue growth slowed down, indicating a possible loss of momentum in the company's core business operations.
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Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
MMSI FAQ
What was Merit Medical Systems’s price range in the past 12 months?
Merit Medical Systems lowest stock price was $62.58 and its highest was $85.62 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 Jul 25, 2024 which is in 68 days.
How were Merit Medical Systems’s earnings last quarter?
Merit Medical Systems released its earnings results on Apr 30, 2024. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.714 by $0.056.
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 $0.88.
How many shares outstanding does Merit Medical Systems have?
Merit Medical Systems has 58,105,656 shares outstanding.
What happened to Merit Medical Systems’s price movement after its last earnings report?
Merit Medical Systems reported an EPS of $0.77 in its last earnings report, beating expectations of $0.714. Following the earnings report the stock price went up 3.414%.
Which hedge fund is a major shareholder of Merit Medical Systems?
Among the largest hedge funds holding Merit Medical Systems’s share is Fisher Asset Management LLC. It holds Merit Medical Systems’s shares valued at 17M.
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Merit Medical Systems Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$92.00 (12.35% Upside)
$92.00 (12.35% Upside)
Blogger Sentiment
Bullish
MMSI Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 135.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.9M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-2.12%
12-Months-Change
Fundamentals
Return on Equity
8.45%
Trailing 12-Months
Asset Growth
38.14%
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
Q1 2024
0:00 / 0:00
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MMSI Stock 12 Month Forecast
Average Price Target
$92.00
▲(12.35% Upside)
Technical Analysis
Best Analysts Covering MMSI
1 Year
1 Year Success Rate
13/17 ratings generated profit
1 Year Average Return
+6.85%
reiterated a buy rating 17 days ago
Copying Michael Matson's trades and holding each position for 1 Year would result in 76.47% of your transactions generating a profit, with an average return of +6.85% per trade.
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