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THE BEST BLACK FRIDAY DEAL YET (Ad)
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
See how to make money instead of spending it on Black Friday with this offer (Ad)
Sober or bright? Europe faces holidays during energy crunch
On outskirts of Doha, laborers watch World Cup they built
THE BEST BLACK FRIDAY DEAL YET (Ad)
Biden eases Venezuela sanctions as opposition talks resume
Whole Foods decision to pull lobster divides enviros, pols
THE BEST BLACK FRIDAY DEAL YET (Ad)
S&P 500   4,026.12
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QQQ   286.92
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
See how to make money instead of spending it on Black Friday with this offer (Ad)
Sober or bright? Europe faces holidays during energy crunch
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THE BEST BLACK FRIDAY DEAL YET (Ad)
Biden eases Venezuela sanctions as opposition talks resume
Whole Foods decision to pull lobster divides enviros, pols
THE BEST BLACK FRIDAY DEAL YET (Ad)
NASDAQ:MMSI

Merit Medical Systems - MMSI Stock Forecast, Price & News

$71.75
+0.27 (+0.38%)
(As of 11/25/2022 12:00 AM ET)
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Today's Range
$70.92
$72.53
50-Day Range
$54.00
$71.80
52-Week Range
$50.46
$72.53
Volume
72,500 shs
Average Volume
287,587 shs
Market Capitalization
$4.08 billion
P/E Ratio
66.44
Dividend Yield
N/A
Price Target
$72.00

Merit Medical Systems MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
0.3% Upside
$72.00 Price Target
Short Interest
Healthy
2.14% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.16
Upright™ Environmental Score
News Sentiment
0.69mentions of Merit Medical Systems in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.73%
From $2.57 to $2.82 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.16 out of 5 stars

Medical Sector

424th out of 1,044 stocks

Surgical & Medical Instruments Industry

47th out of 104 stocks

MMSI stock logo

About Merit Medical Systems (NASDAQ:MMSI) Stock

Merit Medical Systems, Inc. designs, develops, manufactures, and markets single-use medical products for interventional, diagnostic, and therapeutic procedures, primarily 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, electrophysiology and cardiac rhythm management, fluid management, hemodynamic monitoring, hemostasis, and intervention to treat various heart conditions. The company also offers custom procedural solutions that include critical care products, disinfection protection systems, syringes, 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, over-the-wire and direct visualization delivery systems, and dilation balloons to endoscopically dilate strictures; 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. Merit Medical Systems, Inc. was incorporated in 1987 and is headquartered in South Jordan, Utah.

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MMSI Stock News Headlines

MMSI vs. CNMD: Which Stock Should Value Investors Buy Now?
PacBio's (PACB) Q3 Earnings Top Estimates, Revenues Lag
LHC Group's (LHCG) Q3 Earnings & Revenues Miss Estimates
Merit Medical (MMSI) Q3 Earnings Beat, FY22 View Revised
MMSI Merit Medical Systems, Inc.
Merit Medical's (MMSI) Latest Launch to Boost Patient Care
Merit Medical Launches the Prelude Roadster™ Guide Sheath
See More Headlines
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MMSI Company Calendar

Last Earnings
10/28/2021
Today
11/27/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/23/2023

Industry, Sector and Symbol

Industry
Surgical & medical instruments
Sub-Industry
Health Care Supplies
Sector
Medical
Current Symbol
NASDAQ:MMSI
CUSIP
58988910
Employees
6,446
Year Founded
1987

Price Target and Rating

Average Stock Price Forecast
$72.00
High Stock Price Forecast
$78.00
Low Stock Price Forecast
$63.00
Forecasted Upside/Downside
+0.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$48.45 million
Pretax Margin
6.40%

Debt

Sales & Book Value

Annual Sales
$1.07 billion
Cash Flow
$4.13 per share
Book Value
$19.13 per share

Miscellaneous

Free Float
54,756,000
Market Cap
$4.08 billion
Optionable
Optionable
Beta
1.04

Social Links


Key Executives

  • Mr. Fred P. LampropoulosMr. Fred P. Lampropoulos (Age 72)
    Founder, Chairman, CEO & Pres
    Comp: $3.39M
  • Mr. Raul Parra Jr.Mr. Raul Parra Jr. (Age 43)
    CPA, CFO & Treasurer
    Comp: $1.01M
  • Mr. Brian G. LloydMr. Brian G. Lloyd (Age 61)
    Chief Legal Officer & Corp. Sec.
    Comp: $965.29k
  • Mr. Joseph C. WrightMr. Joseph C. Wright (Age 52)
    Chief Commercial Officer
    Comp: $948.74k
  • Mr. Neil Peterson
    Chief Operating Officer
  • Mr. Jason Treft
    Chief Technology Officer
  • Mr. Joseph Pierce
    Chief Information Officer
  • Mr. Michel J. Voigt (Age 49)
    Chief HR Officer
  • Mr. John Knorpp
    Chief Regulatory Affairs Officer
  • Dr. Nicole Priest
    Chief Wellness Officer













MMSI Stock - Frequently Asked Questions

Should I buy or sell Merit Medical Systems stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Merit Medical Systems in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MMSI shares.
View MMSI analyst ratings
or view top-rated stocks.

What is Merit Medical Systems' stock price forecast for 2023?

5 equities research analysts have issued 1-year price targets for Merit Medical Systems' stock. Their MMSI share price forecasts range from $63.00 to $78.00. On average, they predict the company's stock price to reach $72.00 in the next year. This suggests a possible upside of 0.3% from the stock's current price.
View analysts price targets for MMSI
or view top-rated stocks among Wall Street analysts.

How have MMSI shares performed in 2022?

Merit Medical Systems' stock was trading at $62.30 at the beginning of the year. Since then, MMSI stock has increased by 15.2% and is now trading at $71.75.
View the best growth stocks for 2022 here
.

When is Merit Medical Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our MMSI earnings forecast
.

How were Merit Medical Systems' earnings last quarter?

Merit Medical Systems, Inc. (NASDAQ:MMSI) issued its quarterly earnings data on Thursday, October, 28th. The medical instruments supplier reported $0.52 earnings per share for the quarter, topping analysts' consensus estimates of $0.44 by $0.08. The medical instruments supplier had revenue of $267.02 million for the quarter, compared to analysts' expectations of $260.61 million. Merit Medical Systems had a net margin of 5.43% and a trailing twelve-month return on equity of 14.14%. Merit Medical Systems's quarterly revenue was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.42 earnings per share.

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

Merit Medical Systems issued an update on its FY 2022 earnings guidance on Wednesday, November, 2nd. The company provided earnings per share guidance of $2.55-$2.61 for the period, compared to the consensus earnings per share estimate of $2.47. The company issued revenue guidance of $1.15 billion-$1.15 billion, compared to the consensus revenue estimate of $1.13 billion.

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

158 employees have rated Merit Medical Systems Chief Executive Officer Fred P. Lampropoulos on Glassdoor.com. Fred P. Lampropoulos has an approval rating of 73% among the company's employees.

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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.05%), Vanguard Group Inc. (11.77%), Conestoga Capital Advisors LLC (3.67%), State Street Corp (3.58%), Dimensional Fund Advisors LP (2.63%) and Macquarie Group Ltd. (2.49%). Insiders that own company stock include A Scott Anderson, Brian G Lloyd, David Floyd, David Ming-Teh Liu, F Ann Millner, Franklin J Miller, Fred P Lampropoulos, Jill Anderson, Joseph Wright, Lynne Ward, Neil Peterson, Nolan E Karras, Raul Jr Parra and Ronald Frost.
View institutional ownership trends
.

How do I buy shares of Merit Medical Systems?

Shares of MMSI stock 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 $71.75.

How much money does Merit Medical Systems make?

Merit Medical Systems (NASDAQ:MMSI) has a market capitalization of $4.08 billion and generates $1.07 billion in revenue each year. The medical instruments supplier earns $48.45 million in net income (profit) each year or $1.08 on an earnings per share basis.

How many employees does Merit Medical Systems have?

The company employs 6,446 workers across the globe.

Does Merit Medical Systems have any subsidiaries?
The following companies are subsidiares of Merit Medical Systems: Alveolus Inc., Argon Medical Devices Netherlands BV, BSMD Ventures Inc., BioSphere Medical Inc., BioSphere Medical Japan Inc., BioSphere Medical SA, Brightwater Medical Inc., Brightwater Medical Inc., Cianna Medical Inc., DFINE Inc., Dfine Europe GmbH, Fibrovein Holdings Limited, ITL Healthcare Pty Ltd., IntelliMedical Technologies Pty Ltd., LLC Merit Technologies, Merit Holdings Inc., Merit Maquiladora México S. DE R.L. DE C.V., Merit Medical (NRI) Ireland Limited, Merit Medical Africa (Pty) LTD, Merit Medical Asia Company Limited, Merit Medical Australia Pty Ltd., Merit Medical Austria GmbH, Merit Medical Beijing Co. Ltd., Merit Medical Belgium Sprl, Merit Medical Canada Ltd., Merit Medical Coatings B.V., Merit Medical Comercialização Distribuição Importação e Exportação de Produtos Hospitalares LTDA., Merit Medical Denmark A/S, Merit Medical Egypt LLC, Merit Medical Finland Ltd., Merit Medical France SAS, Merit Medical GmbH, Merit Medical Ireland Ltd., Merit Medical Italy S.R.L., Merit Medical Japan KK, Merit Medical Korea Co. Ltd., Merit Medical ME FZ-LLC, Merit Medical Malaysia Sdn. Bhd, Merit Medical Nederland B.V., Merit Medical New Zealand Limited, Merit Medical Norway AS, Merit Medical Portugal S.A., Merit Medical Singapore Holdings Pte. Ltd, Merit Medical Singapore Pte. Ltd., Merit Medical South Africa (Pty) LTD, Merit Medical Spain S.L.Unipersonal, Merit Medical Switzerland AG, Merit Medical Systems AB, Merit Medical Systems India Private Limited, Merit Medical System’s NRI Limited, Merit Medical Turkey Tıbbi Ürünler Ticaret Anonim Şirketi, Merit Medical UK Limited, Merit Mexico Sales S. de R.L. de C.V., Merit Sensor Systems Inc., STD Pharmaceutical (Ireland) Limited, STD Pharmaceutical Products Limited, Thomas Medical Products Inc., Vascular Access Technologies Inc., and Vascular Insights LLC.
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How can I contact Merit Medical Systems?

Merit Medical Systems' mailing address is 1600 WEST MERIT PARK WAY, SOUTH JORDAN UT, 84095. The official website for the company is www.merit.com. The medical instruments supplier can be reached via phone at (801) 253-1600, via email at awright@merit.com, or via fax at 801-253-1652.

This page (NASDAQ:MMSI) was last updated on 11/27/2022 by MarketBeat.com Staff