QuidelOrtho (QDEL) Competitors

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

Does the MarketBeat Community believe in MMSI or QDEL?

Merit Medical Systems received 9 more outperform votes than QuidelOrtho when rated by MarketBeat users. Likewise, 70.26% of users gave Merit Medical Systems an outperform vote while only 66.92% of users gave QuidelOrtho an outperform vote.

Company	Underperform	Outperform
Merit Medical Systems	Outperform Votes 456 70.26%	Underperform Votes 193 29.74%
QuidelOrtho	Outperform Votes 447 66.92%	Underperform Votes 221 33.08%

Do analysts rate MMSI or QDEL?

Merit Medical Systems presently has a consensus target price of $108.67, suggesting a potential upside of 9.98%. QuidelOrtho has a consensus target price of $44.33, suggesting a potential upside of 36.92%. 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

Do institutionals & insiders believe in MMSI or QDEL?

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

Does the media prefer MMSI or QDEL?

In the previous week, Merit Medical Systems had 25 more articles in the media than QuidelOrtho. MarketBeat recorded 33 mentions for Merit Medical Systems and 8 mentions for QuidelOrtho. QuidelOrtho's average media sentiment score of 1.48 beat Merit Medical Systems' score of 0.98 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	16 Very Positive mention(s)	5 Positive mention(s)	4 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
QuidelOrtho	7 Very Positive mention(s)	0 Positive mention(s)	1 Neutral mention(s)	0 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%

Which has more risk & volatility, MMSI or QDEL?

Merit Medical Systems has a beta of 0.7, suggesting that its stock price is 30% less volatile than the S&P 500. Comparatively, QuidelOrtho has a beta of 0.13, suggesting that its stock price is 87% less volatile than the S&P 500.

Which has higher valuation & earnings, 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	4.21	$94.41M	$2.04	48.44
QuidelOrtho	$2.76B	0.79	-$2.03B	-$4.97	-6.52

Summary

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