Merit Medical Systems Company Profile (NASDAQ:MMSI)

About Merit Medical Systems

Merit Medical Systems logoMerit Medical Systems, Inc. is a designer, developer, manufacturer and marketer of medical devices used in an array of interventional and diagnostic procedures. The Company operates in two segments: cardiovascular and endoscopy. Its cardiovascular segment consists of cardiology and radiology devices, which assist in diagnosing and treating coronary arterial disease, peripheral vascular disease and other non-vascular diseases; embolotherapeutic products, and cardiac rhythm management and electrophysiology (CRM/EP) devices. Its endoscopy segment consists of gastroenterology and pulmonology medical devices, which assist in the palliative treatment of expanding esophageal, tracheobronchial and biliary strictures caused by malignant tumors. Its products are used in various clinical areas, such as diagnostic and interventional cardiology; interventional radiology; vascular, general and thoracic surgery; interventional pulmonology; interventional nephrology; oncology, and pain management.

Industry, Sector and Symbol:
  • Sector: Medical
  • Industry: Medical Instruments & Supplies
  • Sub-Industry: Health Care Supplies
  • Exchange: NASDAQ
  • Symbol: MMSI
  • CUSIP: 58988910
Key Metrics:
  • Previous Close: $28.65
  • 50 Day Moving Average: $26.520
  • 200 Day Moving Average: $24.709
  • 52-Week Range: $17.13 - $30.25
  • Trailing P/E Ratio: 71.250
  • Foreward P/E Ratio: 22.31
  • P/E Growth: 1.680
  • Market Cap: $1.33B
  • Outstanding Shares: 44,587,000
  • Beta: 0.93
Profitability:
  • Net Margins: 3.25%
  • Return on Equity: 8.85%
  • Return on Assets: 5.07%
Debt:
  • Debt-to-Equity Ratio: 0.65%
  • Current Ratio: 2.71%
  • Quick Ratio: 1.36%
Additional Links:
Companies Related to Merit Medical Systems:

Analyst Ratings

Consensus Ratings for Merit Medical Systems (NASDAQ:MMSI) (?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $25.50 (13.41% downside)

Analysts' Ratings History for Merit Medical Systems (NASDAQ:MMSI)
Show:
DateFirmActionRatingPrice TargetDetails
10/24/2016Canaccord GenuitySet Price TargetBuy$29.00View Rating Details
7/28/2016Barrington ResearchDowngradeOutperform -> Market PerformView Rating Details
2/23/2016Piper Jaffray CompaniesReiterated RatingBuy$22.00View Rating Details
12/3/2015Raymond James Financial, Inc.Reiterated RatingStrong-Buy$16.00 -> $20.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Merit Medical Systems (NASDAQ:MMSI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017        
2/21/2017Q4 2016$0.28$0.31$160.39 million$157.72 millionViewListenView Earnings Details
10/26/2016Q3$0.23$0.26$155.06 million$157.00 millionViewListenView Earnings Details
7/27/2016Q2$0.24$0.26$147.76 million$151.07 millionViewListenView Earnings Details
4/28/2016Q1$0.19$0.19$137.96 million$138.10 millionViewListenView Earnings Details
2/22/2016Q4$0.22$0.24$138.73 million$141.00 millionViewListenView Earnings Details
10/22/2015Q315$0.20$0.20$136.39 million$136.10 millionViewListenView Earnings Details
7/23/2015Q215$0.20$0.25$135.82 million$138.10 millionViewListenView Earnings Details
4/23/2015Q115$0.15$0.18$126.34 million$129.60 millionViewListenView Earnings Details
2/24/2015Q414$0.22$0.26$132.76 million$132.80 millionViewListenView Earnings Details
10/23/2014Q314$0.16$0.25$128.40 million$128.80 millionViewListenView Earnings Details
7/29/2014Q214$0.17$0.15$121.40 million$128.87 millionViewListenView Earnings Details
4/24/2014Q114$0.13$0.12$114.54 million$119.20 millionViewListenView Earnings Details
2/24/2014Q413$0.19$0.22$117.26 million$120.00 millionViewListenView Earnings Details
10/23/2013Q313$0.13$0.25$109.72 million$115.20 millionViewListenView Earnings Details
7/31/2013Q2 2013$0.13$0.15$112.45 million$109.87 millionViewListenView Earnings Details
4/25/2013Q1 2013$0.14$0.10$109.15 million$103.90 millionViewListenView Earnings Details
2/21/2013Q4 2012$0.19$0.15$97.17 million$102.23 millionViewListenView Earnings Details
10/25/2012$0.16$0.20ViewN/AView Earnings Details
7/26/2012$0.16$0.21ViewN/AView Earnings Details
2/23/2012$0.18$0.18ViewN/AView Earnings Details
10/25/2011$0.16$0.18ViewN/AView Earnings Details
7/21/2011$0.20$0.21ViewN/AView Earnings Details
4/14/2011$0.22$0.23ViewN/AView Earnings Details
2/17/2011$0.21$0.23ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Merit Medical Systems (NASDAQ:MMSI)
Current Year EPS Consensus Estimate: $1.14 EPS
Next Year EPS Consensus Estimate: $1.32 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.20$0.20$0.20
Q2 20161$0.23$0.23$0.23
Q3 20161$0.23$0.23$0.23
Q4 20161$0.28$0.28$0.28
Q1 20171$0.24$0.24$0.24
Q2 20171$0.26$0.26$0.26
Q3 20171$0.27$0.27$0.27
Q4 20171$0.29$0.29$0.29
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Merit Medical Systems (NASDAQ:MMSI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Merit Medical Systems (NASDAQ:MMSI)
Insider Ownership Percentage: 5.60%
Institutional Ownership Percentage: 91.92%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/9/2016Kent W. StangerDirectorSell12,000$26.27$315,240.00View SEC Filing  
8/30/2016A Scott AndersonDirectorSell12,000$24.10$289,200.00View SEC Filing  
8/15/2016Michael E StillabowerDirectorSell25,000$24.29$607,250.00View SEC Filing  
8/12/2016Richard W EdelmanDirectorSell21,500$23.51$505,465.00View SEC Filing  
8/9/2016Richard W EdelmanDirectorSell500$23.55$11,775.00View SEC Filing  
8/2/2016Nolan E KarrasDirectorSell5,878$23.35$137,251.30View SEC Filing  
8/1/2016Franklin J MillerDirectorSell15,000$23.52$352,800.00View SEC Filing  
3/3/2016Kent W. StangerCFOSell20,000$18.89$377,800.00View SEC Filing  
4/27/2015Franklin J MillerDirectorSell10,000$21.05$210,500.00View SEC Filing  
3/23/2015Franklin J MillerDirectorSell8,750$19.72$172,550.00View SEC Filing  
3/16/2015Franklin J MillerDirectorSell8,750$19.47$170,362.50View SEC Filing  
3/16/2015Ronald FrostCOOSell11,250$19.50$219,375.00View SEC Filing  
12/29/2014Franklin J MillerDirectorSell10,000$17.36$173,600.00View SEC Filing  
12/24/2014A Scott AndersonDirectorSell12,000$17.03$204,360.00View SEC Filing  
12/22/2014Martin R StephensVPSell14,999$16.75$251,233.25View SEC Filing  
12/18/2014Greg L BarnettCAOSell10,000$16.91$169,100.00View SEC Filing  
10/28/2014Greg L BarnettCAOSell12,500$15.00$187,500.00View SEC Filing  
10/27/2014Rashelle PerryInsiderSell12,500$14.85$185,625.00View SEC Filing  
10/24/2014Kent W StangerCFOSell18,000$14.00$252,000.00View SEC Filing  
7/10/2014Kent W StangerCFOSell6,000$14.76$88,560.00View SEC Filing  
6/19/2014Ronald FrostCOOSell5,000$14.25$71,250.00View SEC Filing  
6/10/2014Kent W StangerCFOSell6,000$14.02$84,120.00View SEC Filing  
6/9/2014Kent W StangerCFOSell22,137$14.11$312,353.07View SEC Filing  
6/3/2014Ronald FrostCOOSell2,325$14.07$32,712.75View SEC Filing  
5/27/2014Kent W StangerCFOSell15,880$14.18$225,178.40View SEC Filing  
5/21/2014Kent StangerCFOSell22,259$14.00$311,626.00View SEC Filing  
5/16/2014Kent StangerCFOSell9,991$14.00$139,874.00View SEC Filing  
5/15/2014Richard EdelmanDirectorSell11,270$13.93$156,991.10View SEC Filing  
4/10/2014Kent StangerCFOSell6,000$14.17$85,020.00View SEC Filing  
3/10/2014Kent StangerCFOSell6,000$14.40$86,400.00View SEC Filing  
11/22/2013Richard EdelmanDirectorSell16,027$16.49$264,285.23View SEC Filing  
10/30/2013Rashelle PerryInsiderSell16,250$16.40$266,500.00View SEC Filing  
10/29/2013Michael E StillabowerDirectorSell37,500$16.41$615,375.00View SEC Filing  
10/28/2013Greg L BarnettCAOSell16,250$16.45$267,312.50View SEC Filing  
10/25/2013Franklin J MillerDirectorSell7,500$16.71$125,325.00View SEC Filing  
10/25/2013Martin R StephensVPSell32,500$16.64$540,800.00View SEC Filing  
5/22/2013Rex C BeanDirectorSell13,000$10.09$131,170.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Merit Medical Systems (NASDAQ:MMSI)
DateHeadline
seekingalpha.com logoMerit Medical Systems' (MMSI) CEO Fred Lampropoulos on Q4 2016 Results - Earnings Call Transcript (NASDAQ:MMSI)
seekingalpha.com - February 22 at 11:45 PM
marketexclusive.com logoMerit Medical Systems, Inc. (NASDAQ:MMSI) Files An 8-K Results of Operations and Financial Condition (NASDAQ:MMSI)
marketexclusive.com - February 22 at 11:45 PM
biz.yahoo.com logoQ4 2016 Merit Medical Systems Inc Earnings Release - After Market Close (NASDAQ:MMSI)
us.rd.yahoo.com - February 22 at 8:26 AM
us.rd.yahoo.com logoMerit Medical Reports Results for Fourth Quarter and Year Ended December 31, 2016 (NASDAQ:MMSI)
us.rd.yahoo.com - February 22 at 8:26 AM
finance.yahoo.com logoEdited Transcript of MMSI earnings conference call or presentation 21-Feb-17 10:00pm GMT (NASDAQ:MMSI)
finance.yahoo.com - February 22 at 8:26 AM
reuters.com logoBRIEF-Merit Medical Q4 non-gaap EPS $0.31 (NASDAQ:MMSI)
www.reuters.com - February 21 at 6:20 PM
News IconWill Merit Medical Systems Inc’s (MMSI) Earnings Grow In Next 12 Months? (NASDAQ:MMSI)
simplywall.st - February 21 at 6:20 PM
sg.finance.yahoo.com logoMerit Medical beats 4Q profit forecasts (NASDAQ:MMSI)
sg.finance.yahoo.com - February 21 at 6:20 PM
biz.yahoo.com logoMERIT MEDICAL SYSTEMS INC Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure (NASDAQ:MMSI)
biz.yahoo.com - February 21 at 6:20 PM
finance.yahoo.com logoMedTech Stocks Earnings Slated on Feb 21: MDT, HSIC and More (NASDAQ:MMSI)
finance.yahoo.com - February 20 at 10:04 AM
finance.yahoo.com logoMerit Medical to Participate at BTIG and Barclays Conferences (NASDAQ:MMSI)
finance.yahoo.com - February 16 at 6:11 PM
4-traders.com logoMerit Medical : Eric Peden, MD, Leads Think HeRO Graft Training Course (NASDAQ:MMSI)
www.4-traders.com - February 13 at 7:43 PM
News IconArgon Medical Devices Sells Critical Care Platform To Merit Medical (NASDAQ:MMSI)
www.biospace.com - February 8 at 5:57 AM
us.rd.yahoo.com logo5:53 am Merit Medical acquires the Critical Care business, including a manufacturing facility in Yishun, Singapore and related commercial operations in Europe and Japan from Argon; terms not disclosed (NASDAQ:MMSI)
us.rd.yahoo.com - February 7 at 7:53 PM
finance.yahoo.com logoMerit Medical to Participate at RBC Conference (NASDAQ:MMSI)
finance.yahoo.com - February 7 at 7:53 PM
finance.yahoo.com logoArgon Medical Devices, Inc., Sells Critical Care Platform to Merit Medical Systems, Inc. (NASDAQ:MMSI)
finance.yahoo.com - February 7 at 7:11 AM
seekingalpha.com logoMerit Medical nabs two product lines for $48M (NASDAQ:MMSI)
seekingalpha.com - February 6 at 6:39 PM
streetinsider.com logoMerit Medical Systems (MMSI) Acquires Products From Argon Medical Devices, Catheter Connections for $48M (NASDAQ:MMSI)
www.streetinsider.com - February 6 at 6:39 PM
finance.yahoo.com logoMerit Medical Acquires Products From Argon Medical Devices and Catheter Connections, Inc. (NASDAQ:MMSI)
finance.yahoo.com - February 6 at 9:52 AM
capitalcube.com logoMerit Medical Systems, Inc. breached its 50 day moving average in a Bearish Manner : MMSI-US : January 25, 2017 (NASDAQ:MMSI)
www.capitalcube.com - January 25 at 8:01 PM
seekingalpha.com logoMerit Medical Systems: Double-Digit Growth At A Reasonable Valuation (NASDAQ:MMSI)
seekingalpha.com - December 30 at 6:55 PM
finance.yahoo.com logoMerit Medical to Present at J.P. Morgan Healthcare Conference (NASDAQ:MMSI)
finance.yahoo.com - December 19 at 10:26 AM
4-traders.com logoMerit Medical : Wells Fargo & Company MN Sells 354,219 Shares of Merit Medical Systems Inc. (NASDAQ:MMSI)
www.4-traders.com - December 17 at 11:58 PM
News IconChief Operating Officer of Merit Medical Systems (NASDAQ:MMSI), Frost Ronald, sells 15,000 shares worth $393,750 (NASDAQ:MMSI)
empowerednews.net - December 14 at 5:07 AM
capitalcube.com logoETFs with exposure to Merit Medical Systems, Inc. : December 12, 2016 (NASDAQ:MMSI)
www.capitalcube.com - December 12 at 6:44 PM
zacks.com logoMerit Medical Hits 52-Week High: What's Driving the Stock? (NASDAQ:MMSI)
www.zacks.com - December 12 at 10:19 AM
News IconIs Merit Medical Systems, Inc. (MMSI) A Good Stock To Buy? (NASDAQ:MMSI)
feedproxy.google.com - December 5 at 6:36 AM
capitalcube.com logoETFs with exposure to Merit Medical Systems, Inc. : November 22, 2016 (NASDAQ:MMSI)
www.capitalcube.com - November 22 at 6:21 PM
capitalcube.com logoMerit Medical Systems, Inc. breached its 50 day moving average in a Bullish Manner : MMSI-US : November 21, 2016 (NASDAQ:MMSI)
www.capitalcube.com - November 21 at 11:30 AM
News IconMerit Medical Systems, Inc. MMSI Medical Equipment Deals and Alliances Profile Prices from USD $250 (NASDAQ:MMSI)
www.bioportfolio.com - November 20 at 6:00 PM
News IconMerit Medical Systems, Inc. MMSI Product Pipeline Analysis, 2016 Update Prices from USD $750 (NASDAQ:MMSI)
www.bioportfolio.com - November 17 at 5:52 PM
finance.yahoo.com logoMERIT MEDICAL SYSTEMS INC Financials (NASDAQ:MMSI)
finance.yahoo.com - November 17 at 5:52 PM
biz.yahoo.com logoMERIT MEDICAL SYSTEMS INC Files SEC form 10-Q, Quarterly Report (NASDAQ:MMSI)
biz.yahoo.com - November 9 at 6:01 PM
streetinsider.com logoMerit Medical Systems (MMSI) Granted 510(k) Clearance for SwiftNINJA (NASDAQ:MMSI)
www.streetinsider.com - November 7 at 6:47 PM
reuters.com logoBRIEF-Merit medical systems inc says receives 510(k) clearance for swiftNINJA steerable microcatheter (NASDAQ:MMSI)
www.reuters.com - November 7 at 10:01 AM
publicnow.com logoMerit Medical Receives 510(k) Clearance for the SwiftNINJA™ Steerable Microcatheter (NASDAQ:MMSI)
www.publicnow.com - November 7 at 10:01 AM
capitalcube.com logoETF’s with exposure to Merit Medical Systems, Inc. : November 2, 2016 (NASDAQ:MMSI)
www.capitalcube.com - November 2 at 6:27 PM
finance.yahoo.com logoMerit Medical to Present at Four Conferences in November (NASDAQ:MMSI)
finance.yahoo.com - November 1 at 6:31 PM
capitalcube.com logoMerit Medical Systems, Inc. :MMSI-US: Earnings Analysis: Q3, 2016 By the Numbers : October 31, 2016 (NASDAQ:MMSI)
www.capitalcube.com - October 31 at 12:50 PM
News IconMerit Medical Systems Inc. (MMSI) Issues Earnings Results (NASDAQ:MMSI)
itapunta.com - October 29 at 9:11 AM
rttnews.com logoMerit Medical Systems Inc Q3 Income Climbs 29% (NASDAQ:MMSI)
www.rttnews.com - October 27 at 11:02 AM
seekingalpha.com logoMerit Medical Systems' (MMSI) CEO Fred Lampropoulos on Q3 2016 Results - Earnings Call Transcript (NASDAQ:MMSI)
seekingalpha.com - October 27 at 11:02 AM
finance.yahoo.com logoEdited Transcript of MMSI earnings conference call or presentation 26-Oct-16 9:00pm GMT (NASDAQ:MMSI)
finance.yahoo.com - October 27 at 11:02 AM
sg.finance.yahoo.com logoMerit Medical beats 3Q profit forecasts (NASDAQ:MMSI)
sg.finance.yahoo.com - October 26 at 6:12 PM
feeds.reuters.com logoBRIEF-Merit Medical Systems sees FY2016 revenue $603.5 mln - $613.5 mln (NASDAQ:MMSI)
feeds.reuters.com - October 26 at 5:31 PM
biz.yahoo.com logoQ3 2016 Merit Medical Systems Inc Earnings Release - After Market Close (NASDAQ:MMSI)
biz.yahoo.com - October 26 at 9:34 AM
seekingalpha.com logoMerit Medical subject of DOJ inquiry into promotional practices (NASDAQ:MMSI)
seekingalpha.com - October 24 at 11:39 AM
finance.yahoo.com logo5:24 pm Merit Medical discloses receipt subpoena from the DOJ requesting documents and other information regarding certain marketing and promotional practices relating to its products (NASDAQ:MMSI)
finance.yahoo.com - October 21 at 6:12 PM
biz.yahoo.com logoMERIT MEDICAL SYSTEMS INC Files SEC form 8-K, Other Events (NASDAQ:MMSI)
biz.yahoo.com - October 21 at 6:12 PM
mysmartrend.com logoMerit Medical Systems Shares Up 27.6% Since SmarTrend's Buy Recommendation (MMSI) (NASDAQ:MMSI)
www.mysmartrend.com - October 21 at 9:37 AM

Social

What is Merit Medical Systems' stock symbol?

Merit Medical Systems trades on the NASDAQ under the ticker symbol "MMSI."

Where is Merit Medical Systems' stock going? Where will Merit Medical Systems' stock price be in 2017?

3 brokerages have issued 12-month price targets for Merit Medical Systems' stock. Their predictions range from $22.00 to $29.00. On average, they expect Merit Medical Systems' share price to reach $25.50 in the next year.

When will Merit Medical Systems announce their earnings?

Merit Medical Systems is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

Who owns Merit Medical Systems stock?

Merit Medical Systems' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.05%), Janus Capital Management LLC (4.91%), Frontier Capital Management Co. LLC (4.31%), State Street Corp (2.69%), FMR LLC (1.64%) and Loomis Sayles & Co. L P (1.60%). Company insiders that own Merit Medical Systems stock include A Scott Anderson, Franklin J Miller, Kent W Stanger, Michael E Stillabower, Nolan E Karras, Richard W Edelman and Ronald Frost.

Who sold Merit Medical Systems stock? Who is selling Merit Medical Systems stock?

Merit Medical Systems' stock was sold by a variety of institutional investors in the last quarter, including Janus Capital Management LLC, Two Sigma Investments LP, Martingale Asset Management L P, Century Capital Management LLC, AQR Capital Management LLC, Guggenheim Capital LLC, Federated Investors Inc. PA and State Board of Administration of Florida Retirement System. Company insiders that have sold Merit Medical Systems stock in the last year include A Scott Anderson, Franklin J Miller, Kent W Stanger, Michael E Stillabower, Nolan E Karras and Richard W Edelman.

Who bought Merit Medical Systems stock? Who is buying Merit Medical Systems stock?

Merit Medical Systems' stock was purchased by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Loomis Sayles & Co. L P, Dimensional Fund Advisors LP, State Street Corp, Arrowpoint Asset Management LLC, Raymond James Financial Services Advisors Inc., FMR LLC and Renaissance Technologies LLC.

How do I buy Merit Medical Systems stock?

Shares of Merit Medical Systems can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Merit Medical Systems stock cost?

One share of Merit Medical Systems stock can currently be purchased for approximately $29.45.

Merit Medical Systems (NASDAQ:MMSI) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Merit Medical Systems (NASDAQ:MMSI)

Earnings History Chart

Earnings by Quarter for Merit Medical Systems (NASDAQ:MMSI)

Dividend History Chart

Dividend Payments by Quarter for Merit Medical Systems (NASDAQ:MMSI)

Last Updated on 2/23/2017 by MarketBeat.com Staff