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Merit Medical Systems (MMSI)
NASDAQ:MMSI
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MMSI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$62.58 - $100.33
Previous Close$98.51
Volume429.54K
Average Volume (3M)462.28K
Market Cap
$5.73B
Enterprise Value$5.97B
Total Cash (Recent Filing)$636.66M
Total Debt (Recent Filing)$871.10M
Price to Earnings (P/E)49.1
Beta0.59
Next Earnings
Oct 30, 2024EPS Estimate
$0.8Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.01
Shares Outstanding58,208,536
10 Day Avg. Volume489,303
30 Day Avg. Volume462,278
Standard Deviation0.11
R-Squared0.18
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)4.47
Price to Sales (P/S)4.46
Price to Cash Flow (P/CF)20.40
P/FCF Ratio24.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.59
Enterprise Value/Gross Profit10.22
Enterprise Value/Ebitda28.85
Forecast
1Y Price Target
$106.57Price Target Upside7.96% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Merit Medical Systems News
PremiumCompany Announcements
Merit Medical Systems Expands with Cook Medical Acquisition
Bulls Say, Bears Say
Bulls Say
AcquisitionMMSI is acquiring Cook Medical's portfolio of CRM lead management products for $210M.
Clinical DataWRAPSODY hit its six-month target lesion primary patency (TLPP) of 90% and was significantly higher than the percutaneous angioplasty (PTA) control group (63%).
Market PotentialWRAPSODY's strong clinical results should allow it to gain market share in a $240-600M US total available market (TAM).
Bears Say
EarningsThe deal is expected to be dilutive to adjusted EPS due to the partial year P&L contribution which includes dilution to adjusted operating margin, net income, and EPS.
Financial PerformanceManagement expects the deal to be dilutive to MMSI's operating margin and earnings per share.
ProfitabilityThe acquisition is expected to be partially dilutive to profitability.
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Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
MMSI FAQ
What was Merit Medical Systems’s price range in the past 12 months?
Merit Medical Systems lowest stock price was $62.58 and its highest was $100.33 in the past 12 months.
What is Merit Medical Systems’s market cap?
Currently, no data Available
When is Merit Medical Systems’s upcoming earnings report date?
Merit Medical Systems’s upcoming earnings report date is Oct 30, 2024 which is in 41 days.
How were Merit Medical Systems’s earnings last quarter?
Merit Medical Systems released its earnings results on Aug 01, 2024. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.874 by $0.046.
Is Merit Medical Systems overvalued?
According to Wall Street analysts Merit Medical Systems’s price is currently Undervalued.
Does Merit Medical Systems pay dividends?
Merit Medical Systems does not currently pay dividends.
What is Merit Medical Systems’s EPS estimate?
Merit Medical Systems’s EPS estimate is $0.8.
How many shares outstanding does Merit Medical Systems have?
Merit Medical Systems has 58,208,534 shares outstanding.
What happened to Merit Medical Systems’s price movement after its last earnings report?
Merit Medical Systems reported an EPS of $0.92 in its last earnings report, beating expectations of $0.874. Following the earnings report the stock price went up 5.492%.
Which hedge fund is a major shareholder of Merit Medical Systems?
Among the largest hedge funds holding Merit Medical Systems’s share is Fisher Asset Management LLC. It holds Merit Medical Systems’s shares valued at 18M.
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Merit Medical Systems Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$106.57 (7.96% Upside)
$106.57 (7.96% Upside)
Blogger Sentiment
Bullish
MMSI Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 12.5K Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
44.52%
12-Months-Change
Fundamentals
Return on Equity
9.45%
Trailing 12-Months
Asset Growth
29.07%
Trailing 12-Months
Company Description
Merit Medical Systems
Merit Medical Systems, Inc. engages in the manufacture and market of proprietary disposable medical devices. It operates through Cardiovascular and Endoscopy segments. The Cardiovascular segment consists of peripheral intervention, cardiac intervention, interventional oncology and spine, and cardiovascular and critical care product groups. The Endoscopy segment integrates advanced non-vascular stent technology with balloon dilators, inflation devices, guide wires, procedure kits, and other devices that are used by gastroenterologists, endoscopists, pulmonologists, and thoracic and general surgeons. The company was founded by Fred P. Lampropoulos, Darla Gill, Kent W. Stanger and William Padilla in July 1987 and is headquartered in South Jordan, UT.
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MMSI Company Deck
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MMSI Earnings Call
Q2 2024
0:00 / 0:00
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MMSI Stock 12 Month Forecast
Average Price Target
$106.57
▲(7.96% Upside)
Technical Analysis
Best Analysts Covering MMSI
1 Year
1 Year Success Rate
16/18 ratings generated profit
1 Year Average Return
+17.84%
assigned a buy rating 3 days ago
Copying Jason Bednar's trades and holding each position for 1 Year would result in 88.89% of your transactions generating a profit, with an average return of +17.84% per trade.
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