Merit Medical Systems, Inc. (MMSI): Price and Financial Metrics
MMSI Price/Volume Stats
Current price | $75.75 | 52-week high | $85.62 |
Prev. close | $75.46 | 52-week low | $62.58 |
Day low | $75.13 | Volume | 314,200 |
Day high | $76.37 | Avg. volume | 542,389 |
50-day MA | $77.17 | Dividend yield | N/A |
200-day MA | $73.58 | Market Cap | 4.39B |
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%.
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.
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? |
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... |
Here’s Why Merit Medical Systems (MMSI) Fell in Q3Chartwell 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. […] |
Merit Medical Announces Process for Chief Executive Officer Succession PlanningSOUTH 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 |
Why Merit Medical (MMSI) is a Top Momentum Stock for the Long-TermWhether 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. |
MMSI Price Returns
1-mo | -5.47% |
3-mo | -0.28% |
6-mo | 9.75% |
1-year | 3.81% |
3-year | 27.18% |
5-year | 22.51% |
YTD | -0.28% |
2023 | 7.56% |
2022 | 13.35% |
2021 | 12.23% |
2020 | 77.80% |
2019 | -44.06% |
Continue Researching MMSI
Want to do more research on Merit Medical Systems Inc's stock and its price? Try the links below:Merit Medical Systems Inc (MMSI) Stock Price | Nasdaq
Merit Medical Systems Inc (MMSI) Stock Quote, History and News - Yahoo Finance
Merit Medical Systems Inc (MMSI) Stock Price and Basic Information | MarketWatch
Loading social stream, please wait...