Merit Medical Systems/MMSI

$73.50

1.2%
-
1D1W1MYTD1YMAX

About Merit Medical Systems

Merit Medical Systems, Inc. designs, develops, manufactures, markets and sells medical products for interventional and diagnostic procedures. The Company is engaged in the development, manufacture and distribution of proprietary disposable medical devices used in interventional, diagnostic and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care and endoscopy. Its cardiovascular segment consists of four product categories: peripheral intervention, cardiac intervention, custom procedural solutions and original equipment manufacturer. Within these product categories, it sells a variety of products, including cardiology and radiology devices, as well as embolotherapeutic, cardiac rhythm management, electrophysiology, critical care and others. Its endoscopy segment consists of gastroenterology and pulmonology devices which assist in the palliative treatment of expanding esophageal, tracheobronchial and biliary strictures caused by malignant tumors.

Ticker

MMSI

Sector

Healthcare

Trading on

NASDAQ

Industry

Medical Equipment & Supplies

CEO

Fred Lampropoulos

Employees

6,950

Headquarters

South jordan, United States

MMSI Metrics

BasicAdvanced
$4.22B
Market cap
44.89
P/E ratio
$1.62
EPS
0.92
Beta
-
Dividend rate
$4.22B
0.91542
$85.62
$62.58
444.81K
5.445
3.953
68.47
68.47
30.151
9.89%
4.73%
8.05%
5.3%
44.894
3.354
3.496
8.539
38.886
9.24%
25.38%
9.26%

What the Analysts think about MMSI

Analyst Ratings

Majority rating from 10 analysts.
Buy

Price Targets

Average projection from 10 analysts.
27.35% upside
High $112.00
Low $85.00
$73.50
Current price
$93.60
Average price target

MMSI Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
8.5% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$324.5M
2.95%
Net income
$27.6M
6.98%
Profit margin
8.5%
3.91%

MMSI Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 5.88%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.64
$0.81
$0.75
$0.81
-
Expected
$0.55
$0.75
$0.65
$0.77
$0.71
Surprise
17.22%
7.9%
15.87%
5.88%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Merit Medical Systems stock?

Merit Medical Systems (MMSI) has a market cap of $4.22B as of April 15, 2024.

What is the P/E ratio for Merit Medical Systems stock?

The price to earnings (P/E) ratio for Merit Medical Systems (MMSI) stock is 44.89 as of April 15, 2024.

Does Merit Medical Systems stock pay dividends?

No, Merit Medical Systems (MMSI) stock does not pay dividends to its shareholders as of April 15, 2024.

When is the next Merit Medical Systems dividend payment date?

Merit Medical Systems (MMSI) stock does not pay dividends to its shareholders.

What is the beta indicator for Merit Medical Systems?

Merit Medical Systems (MMSI) has a beta rating of 0.92. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Merit Medical Systems stock price target?

The target price for Merit Medical Systems (MMSI) stock is $93.6, which is 27.35% above the current price of $73.5. This is an average based on projections from 10 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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