QuidelOrtho (QDEL) Competitors

Merit Medical Systems (NASDAQ:MMSI) and QuidelOrtho (NASDAQ:QDEL) are both mid-cap medical companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, risk, earnings, profitability, analyst recommendations, dividends, valuation, community ranking and media sentiment.

Which has more risk & volatility, MMSI or QDEL?

Merit Medical Systems has a beta of 0.66, indicating that its stock price is 34% less volatile than the S&P 500. Comparatively, QuidelOrtho has a beta of 0.1, indicating that its stock price is 90% less volatile than the S&P 500.

Which has higher earnings & valuation, MMSI or QDEL?

Merit Medical Systems has higher earnings, but lower revenue than QuidelOrtho. QuidelOrtho is trading at a lower price-to-earnings ratio than Merit Medical Systems, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Merit Medical Systems	$1.39B	4.05	$94.41M	$2.04	46.65
QuidelOrtho	$2.76B	0.76	-$2.03B	-$4.97	-6.22

Does the MarketBeat Community prefer MMSI or QDEL?

Merit Medical Systems received 11 more outperform votes than QuidelOrtho when rated by MarketBeat users. Likewise, 70.40% of users gave Merit Medical Systems an outperform vote while only 66.97% of users gave QuidelOrtho an outperform vote.

Company	Underperform	Outperform
Merit Medical Systems	Outperform Votes 459 70.40%	Underperform Votes 193 29.60%
QuidelOrtho	Outperform Votes 448 66.97%	Underperform Votes 221 33.03%

Does the media prefer MMSI or QDEL?

In the previous week, Merit Medical Systems had 11 more articles in the media than QuidelOrtho. MarketBeat recorded 22 mentions for Merit Medical Systems and 11 mentions for QuidelOrtho. QuidelOrtho's average media sentiment score of 0.65 beat Merit Medical Systems' score of 0.43 indicating that QuidelOrtho is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Merit Medical Systems	11 Very Positive mention(s)	3 Positive mention(s)	0 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Neutral
QuidelOrtho	6 Very Positive mention(s)	1 Positive mention(s)	2 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Positive

Is MMSI or QDEL more profitable?

Merit Medical Systems has a net margin of 9.05% compared to QuidelOrtho's net margin of -72.84%. Merit Medical Systems' return on equity of 15.61% beat QuidelOrtho's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Merit Medical Systems	9.05%	15.61%	8.38%
QuidelOrtho	-72.84%	3.78%	1.80%

Do insiders & institutionals believe in MMSI or QDEL?

99.7% of Merit Medical Systems shares are held by institutional investors. Comparatively, 99.0% of QuidelOrtho shares are held by institutional investors. 3.2% of Merit Medical Systems shares are held by company insiders. Comparatively, 0.8% of QuidelOrtho shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Do analysts prefer MMSI or QDEL?

Merit Medical Systems presently has a consensus target price of $109.11, suggesting a potential upside of 14.65%. QuidelOrtho has a consensus target price of $44.33, suggesting a potential upside of 43.38%. Given QuidelOrtho's higher probable upside, analysts clearly believe QuidelOrtho is more favorable than Merit Medical Systems.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Merit Medical Systems	0 Sell rating(s)	1 Hold rating(s)	8 Buy rating(s)	1 Strong Buy rating(s)	3.00
QuidelOrtho	1 Sell rating(s)	2 Hold rating(s)	4 Buy rating(s)	0 Strong Buy rating(s)	2.43

Summary

Merit Medical Systems beats QuidelOrtho on 16 of the 19 factors compared between the two stocks.