NASDAQ:MMSI

Merit Medical Systems Stock Forecast, Price & News

$61.53
-0.47 (-0.76 %)
(As of 06/14/2021 04:30 PM ET)
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Today's Range
$61.33
$62.10
50-Day Range
$59.10
$64.86
52-Week Range
$39.44
$65.46
Volume142,961 shs
Average Volume267,333 shs
Market Capitalization$3.45 billion
P/E Ratio879.13
Dividend YieldN/A
Beta1.27
30 days | 90 days | 365 days | Advanced Chart
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Merit Medical Systems logo

About Merit Medical Systems

Merit Medical Systems, Inc. manufactures and markets disposable medical devices for interventional, diagnostic, and therapeutic procedures in cardiology, radiology, oncology, critical care, and endoscopy. The company operates in two segments, Cardiovascular and Endoscopy. It provides peripheral intervention products for the diagnosis and treatment of diseases in peripheral vessels and organs; and cardiac intervention products, such as access, angiography, hemostasis, intervention, fluid management, electrophysiology and cardiac rhythm management, and hemodynamic monitoring to treat various heart conditions. The company also offers custom procedural solutions that include critical care products, disinfection protection systems, syringes, swab and collection systems, manifold kits, and trays and packs; coated tubes and wires; and sensor components for microelectromechanical systems. In addition, it provides pulmonary products that consist of laser-cut tracheobronchial stents, advanced over-the-wire and direct visualization delivery systems, and dilation balloons; gastroenterology products; and kits and accessories for endoscopy and bronchoscopy procedures. The company sells its products to hospitals and alternate site-based physicians, technicians, and nurses through direct sales force, distributors, original equipment manufacturer partners, or custom procedure tray manufacturers in the United States and internationally. The company was incorporated in 1987 and is headquartered in South Jordan, Utah.

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Profitability

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MarketRank

Overall MarketRank

1.54 out of 5 stars

Medical Sector

518th out of 2,099 stocks

Surgical & Medical Instruments Industry

45th out of 174 stocks

Analyst Opinion: 1.4Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Merit Medical Systems (NASDAQ:MMSI) Frequently Asked Questions

Is Merit Medical Systems a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Merit Medical Systems in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Merit Medical Systems stock.
View analyst ratings for Merit Medical Systems
or view top-rated stocks.

What stocks does MarketBeat like better than Merit Medical Systems?

Wall Street analysts have given Merit Medical Systems a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Merit Medical Systems wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Merit Medical Systems' next earnings date?

Merit Medical Systems is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Merit Medical Systems
.

How were Merit Medical Systems' earnings last quarter?

Merit Medical Systems, Inc. (NASDAQ:MMSI) released its quarterly earnings results on Thursday, April, 29th. The medical instruments supplier reported $0.52 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.15. The medical instruments supplier earned $248.91 million during the quarter, compared to the consensus estimate of $231.06 million. Merit Medical Systems had a trailing twelve-month return on equity of 10.74% and a net margin of 0.44%.
View Merit Medical Systems' earnings history
.

How has Merit Medical Systems' stock price been impacted by Coronavirus (COVID-19)?

Merit Medical Systems' stock was trading at $32.88 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MMSI shares have increased by 87.1% and is now trading at $61.53.
View which stocks have been most impacted by COVID-19
.

What guidance has Merit Medical Systems issued on next quarter's earnings?

Merit Medical Systems updated its FY 2021 earnings guidance on Thursday, May, 6th. The company provided earnings per share guidance of 1.840-1.980 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.900. The company issued revenue guidance of $994 M-$1.01 billion, compared to the consensus revenue estimate of $999.65 million.

What price target have analysts set for MMSI?

8 brokers have issued 1 year price objectives for Merit Medical Systems' shares. Their forecasts range from $58.00 to $73.00. On average, they expect Merit Medical Systems' share price to reach $67.00 in the next twelve months. This suggests a possible upside of 8.9% from the stock's current price.
View analysts' price targets for Merit Medical Systems
or view top-rated stocks among Wall Street analysts.

Who are Merit Medical Systems' key executives?

Merit Medical Systems' management team includes the following people:
  • Mr. Fred P. Lampropoulos, Chairman, CEO & Pres (Age 71, Pay $2.73M)
  • Mr. Raul Parra Jr., CPA, CFO & Treasurer (Age 42, Pay $862.89k)
  • Mr. Ronald A. Frost, Chief Operating Officer (Age 59, Pay $865.38k)
  • Mr. Brian G. Lloyd, Chief Legal Officer & Corp. Sec. (Age 60, Pay $796.15k)
  • Mr. Justin J. Lampropoulos, Pres of EMEA (Age 38, Pay $853.85k)
  • Mr. Jason Treft, Chief Technology Officer
  • Mr. Joseph Pierce, Chief Information Officer
  • Ms. Anne-Marie Wright, VP of Corp. Communications
  • Mr. Michel J. Voigt, Chief HR Officer (Age 48)
  • Mr. John Knorpp, Chief Regulatory Affairs Officer

What is Fred P. Lampropoulos' approval rating as Merit Medical Systems' CEO?

158 employees have rated Merit Medical Systems CEO Fred P. Lampropoulos on Glassdoor.com. Fred P. Lampropoulos has an approval rating of 73% among Merit Medical Systems' employees.

Who are some of Merit Medical Systems' key competitors?

What other stocks do shareholders of Merit Medical Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Merit Medical Systems investors own include Citigroup (C), OraSure Technologies (OSUR), LightPath Technologies (LPTH), Overstock.com (OSTK), EXFO (EXFO), Energy Transfer (ET), RTI Surgical (RTIX), NVIDIA (NVDA), Under Armour (UA) and Advanced Micro Devices (AMD).

What is Merit Medical Systems' stock symbol?

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

Who are Merit Medical Systems' major shareholders?

Merit Medical Systems' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.98%), Starboard Value LP (6.68%), William Blair Investment Management LLC (6.21%), Conestoga Capital Advisors LLC (4.19%), Dimensional Fund Advisors LP (2.81%) and Aristotle Capital Boston LLC (2.49%). Company insiders that own Merit Medical Systems stock include A Scott Anderson, Brian G Lloyd, David Floyd, David Ming-Teh Liu, Enterprise Associates 14 New, F Ann Millner, Franklin J Miller, Fred P Lampropoulos, Joseph Wright, Justin J Lampropoulos, Michael E Stillabower, Nolan E Karras, Raul Jr Parra and Ronald Frost.
View institutional ownership trends for Merit Medical Systems
.

Which institutional investors are selling Merit Medical Systems stock?

MMSI stock was sold by a variety of institutional investors in the last quarter, including Nuance Investments LLC, Soltis Investment Advisors LLC, Starboard Value LP, Goldman Sachs Group Inc., Dimensional Fund Advisors LP, Rothschild & Co. Asset Management US Inc., Aristotle Capital Boston LLC, and Sei Investments Co.. Company insiders that have sold Merit Medical Systems company stock in the last year include A Scott Anderson, Brian G Lloyd, Fred P Lampropoulos, Joseph Wright, Raul Jr Parra, and Ronald Frost.
View insider buying and selling activity for Merit Medical Systems
or view top insider-selling stocks.

Which institutional investors are buying Merit Medical Systems stock?

MMSI stock was purchased by a variety of institutional investors in the last quarter, including Loomis Sayles & Co. L P, Conestoga Capital Advisors LLC, Westwood Holdings Group Inc., BlackRock Inc., Emerald Advisers LLC, Ziegler Capital Management LLC, William Blair Investment Management LLC, and Emerald Mutual Fund Advisers Trust. Company insiders that have bought Merit Medical Systems stock in the last two years include David Floyd, Enterprise Associates 14 New, Raul Jr Parra, and Ronald Frost.
View insider buying and selling activity for Merit Medical Systems
or or view top insider-buying stocks.

How do I buy shares of Merit Medical Systems?

Shares of MMSI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Merit Medical Systems' stock price today?

One share of MMSI stock can currently be purchased for approximately $61.53.

How much money does Merit Medical Systems make?

Merit Medical Systems has a market capitalization of $3.45 billion and generates $963.88 million in revenue each year. The medical instruments supplier earns $-9,840,000.00 in net income (profit) each year or $1.65 on an earnings per share basis.

How many employees does Merit Medical Systems have?

Merit Medical Systems employs 5,989 workers across the globe.

What is Merit Medical Systems' official website?

The official website for Merit Medical Systems is www.merit.com.

Where are Merit Medical Systems' headquarters?

Merit Medical Systems is headquartered at 1600 WEST MERIT PARK WAY, SOUTH JORDAN UT, 84095.

How can I contact Merit Medical Systems?

Merit Medical Systems' mailing address is 1600 WEST MERIT PARK WAY, SOUTH JORDAN UT, 84095. The medical instruments supplier can be reached via phone at 801-253-1600 or via email at [email protected]


This page was last updated on 6/14/2021 by MarketBeat.com Staff
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