Merit Medical Systems, Inc. (MMSI): Price and Financial Metrics

Merit Medical Systems, Inc. (MMSI): $72.20

0.34 (+0.47%)

POWR Rating

Component Grades

Momentum

D

Stability

C

Sentiment

Quality

C

MMSI Price/Volume Stats

Current price $72.20 52-week high $85.62
Prev. close $71.86 52-week low $62.58
Day low $70.95 Volume 325,200
Day high $72.92 Avg. volume 568,511
50-day MA $77.88 Dividend yield N/A
200-day MA $74.00 Market Cap 4.18B

MMSI Stock Price Chart Interactive Chart >

MMSI POWR Grades

  • Growth is the dimension where MMSI ranks best; there it ranks ahead of 90.45% of US stocks.
  • MMSI's strongest trending metric is Growth; it's been moving down over the last 26 weeks.
  • MMSI's current lowest rank is in the Momentum metric (where it is better than 24.39% of US stocks).

MMSI Stock Summary

  • MMSI's current price/earnings ratio is 43.12, which is higher than 83.16% of US stocks with positive earnings.
  • Price to trailing twelve month operating cash flow for MMSI is currently 38.95, higher than 90.49% of US stocks with positive operating cash flow.
  • Over the past twelve months, MMSI has reported earnings growth of 58.41%, putting it ahead of 83.74% of US stocks in our set.
  • If you're looking for stocks that are quantitatively similar to MERIT MEDICAL SYSTEMS INC, a group of peers worth examining would be LMAT, ATRI, MOG.A, AIN, and LNN.
  • Visit MMSI's SEC page to see the company's official filings. To visit the company's web site, go to www.merit.com.

MMSI Valuation Summary

  • In comparison to the median Healthcare stock, MMSI's EV/EBIT ratio is 159.59% higher, now standing at 37.9.
  • MMSI's price/earnings ratio has moved up 6.4 over the prior 243 months.

Below are key valuation metrics over time for MMSI.

Stock Date P/S P/B P/E EV/EBIT
MMSI 2023-12-29 3.6 3.6 43.8 37.9
MMSI 2023-12-28 3.6 3.6 44.1 38.2
MMSI 2023-12-27 3.6 3.6 44.2 38.3
MMSI 2023-12-26 3.6 3.6 44.1 38.2
MMSI 2023-12-22 3.6 3.5 43.6 37.8
MMSI 2023-12-21 3.5 3.5 43.3 37.5

MMSI Growth Metrics

    The 2 year revenue growth rate now stands at 10.12%.
  • Its 3 year revenue growth rate is now at 19.95%.
  • Its 5 year net income to common stockholders growth rate is now at -112.75%.
Over the past 15 months, MMSI's revenue has gone up $96,718,000.

The table below shows MMSI's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 1,150.981 114.291 74.516
2022-09-30 1,136.058 132.098 61.728
2022-06-30 1,115.904 121.585 58.423
2022-03-31 1,101.253 124.009 48.041
2021-12-31 1,074.751 147.231 48.454
2021-09-30 1,054.263 138.331 43.219

MMSI's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • MMSI has a Quality Grade of C, ranking ahead of 57.58% of graded US stocks.
  • MMSI's asset turnover comes in at 0.622 -- ranking 67th of 186 Medical Equipment stocks.
  • OSUR, CNMD, and ESMC are the stocks whose asset turnover ratios are most correlated with MMSI.

The table below shows MMSI's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 0.622 0.436 0.033
2021-03-31 0.578 0.422 0.008
2020-12-31 0.567 0.416 -0.003
2020-09-30 0.559 0.417 -0.018
2020-06-30 0.551 0.419 -0.019
2020-03-31 0.571 0.432 0.005

MMSI Price Target

For more insight on analysts targets of MMSI, see our MMSI price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $76.22 Average Broker Recommendation 1.44 (Moderate Buy)

Merit Medical Systems, Inc. (MMSI) Company Bio


Merit Medical Systems is engaged in the development, manufacture and distribution of proprietary disposable medical devices used in interventional and diagnostic procedures, particularly in cardiology, radiology and endoscopy. The company was founded in 1987 and is based in South Jordan, Utah.


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Latest MMSI News From Around the Web

Below are the latest news stories about MERIT MEDICAL SYSTEMS INC that investors may wish to consider to help them evaluate MMSI as an investment opportunity.

MMSI or WST: Which Is the Better Value Stock Right Now?

MMSI vs. WST: Which Stock Is the Better Value Option?

Yahoo | December 28, 2023

Calculating The Intrinsic Value Of Merit Medical Systems, Inc. (NASDAQ:MMSI)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Merit Medical Systems fair value estimate is US$66.09 Current...

Yahoo | December 28, 2023

Here’s Why Merit Medical Systems (MMSI) Fell in Q3

Chartwell Investment Partners, LLC, an affiliate of Carillon Tower Advisers, Inc., released the “Carillon Chartwell Small Cap Value Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. Information technology and industrials were the top-performing sectors in the Carillon Chartwell Small Cap Growth Fund, with alpha production coming from well-chosen stocks. […]

Yahoo | December 27, 2023

Merit Medical Announces Process for Chief Executive Officer Succession Planning

SOUTH JORDAN, Utah, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading global manufacturer and marketer of healthcare technology, today outlined the ongoing succession planning process for its Chief Executive Officer (CEO). Pursuant to an Amended and Restated Employment Agreement, effective June 8, 2023, Merit founder, CEO, and President, Fred Lampropoulos, will continue to serve as Merit’s CEO and President through December 31, 2025. To carry out its respons

Yahoo | December 18, 2023

Why Merit Medical (MMSI) is a Top Momentum Stock for the Long-Term

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Yahoo | December 15, 2023

Read More 'MMSI' Stories Here

MMSI Price Returns

1-mo -9.13%
3-mo 1.65%
6-mo 5.40%
1-year 3.80%
3-year 28.36%
5-year 20.92%
YTD -4.95%
2023 7.56%
2022 13.35%
2021 12.23%
2020 77.80%
2019 -44.06%

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