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Merit Medical (MMSI)
NASDAQ:MMSI
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Merit Medical Systems (MMSI) Price & Analysis

345 Followers

MMSI Stock Chart & Stats

$68.17
$1.12(1.17%)
At close: 4:00 PM EST
$68.17
$1.12(1.17%)

Bulls Say, Bears Say

Bulls Say
Free Cash Flow StrengthConsistent, high free cash flow provides durable financial flexibility: supports organic R&D, tuck‑in M&A, debt paydown and shareholder returns without reliance on volatile earnings. Strong cash conversion versus net income reduces execution risk during cyclical procedure volumes or margin pressure.
Multi‑year Revenue Expansion; Therapeutic GrowthSustained top‑line growth and faster expansion of therapeutic product lines indicate structural portfolio shift toward higher‑growth, higher‑margin segments. This mix shift can lift long‑term organic growth and provides a durable runway as Merit expands in oncology and other therapeutic markets.
Improving Margins And ProfitabilityMarked improvement in gross and net margins reflects better product mix, scale and operational discipline. Higher margins create persistent earnings resilience and fund reinvestment or deleveraging, making profitability less sensitive to modest volume fluctuations over the medium term.
Bears Say
Elevated Absolute Debt LevelsSubstantial debt outstanding limits financial flexibility if growth slows or margins compress. Interest and principal obligations constrain capital allocation choices, elevate refinancing risk in adverse markets, and could force prioritization of debt service over strategic investments or dividend policies.
Tariff Headwinds And UncertaintyOngoing tariff exposure is a structural margin risk for a global medical device manufacturer. A recurring ~$15M headwind compresses gross margins absent pricing or sourcing changes, complicates multi‑year margin planning and may reduce cash available for growth or debt reduction until resolved.
OEM Revenue And Regional SoftnessWeakness in OEM and APAC demand suggests sensitivity to external partners and regional cycles. Durable recovery could be delayed by customer destocking or slower procedure volumes, limiting upside in affected channels and pressuring near‑to‑medium term organic growth absent offsetting gains.

Merit Medical Systems News

MMSI FAQ

What was Merit Medical’s price range in the past 12 months?
Merit Medical lowest stock price was $59.74 and its highest was $96.74 in the past 12 months.
    What is Merit Medical’s market cap?
    Merit Medical’s market cap is $4.26B.
      When is Merit Medical’s upcoming earnings report date?
      Merit Medical’s upcoming earnings report date is Jul 30, 2026 which is in 22 days.
        How were Merit Medical’s earnings last quarter?
        Merit Medical released its earnings results on Apr 30, 2026. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.833 by $0.107.
          Is Merit Medical overvalued?
          According to Wall Street analysts Merit Medical’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Merit Medical pay dividends?
            Merit Medical does not currently pay dividends.
            What is Merit Medical’s EPS estimate?
            Merit Medical’s EPS estimate is 0.96.
              How many shares outstanding does Merit Medical have?
              Merit Medical has 59,654,854 shares outstanding.
                What happened to Merit Medical’s price movement after its last earnings report?
                Merit Medical reported an EPS of $0.94 in its last earnings report, beating expectations of $0.833. Following the earnings report the stock price went down -9.05%.
                  Which hedge fund is a major shareholder of Merit Medical?
                  Currently, no hedge funds are holding shares in MMSI
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Merit Medical

                    Merit Medical Systems, Inc. (MMSI) is engaged in the design, development, manufacturing, and worldwide commercialization of disposable medical products. These devices are crucial for a broad spectrum of diagnostic, therapeutic, and interventional procedures, primarily within the fields of cardiology, radiology, oncology, critical care, and endoscopy. The company operates through two main divisions: Cardiovascular and Endoscopy. Its extensive product portfolio includes advanced solutions for diagnosing and treating conditions in peripheral vessels and organs, as well as a comprehensive suite of cardiac intervention products. The latter encompasses tools for vascular access, angiography, electrophysiology, cardiac rhythm management, fluid and hemodynamic monitoring, hemostasis, and various interventional therapies for heart-related ailments. Additionally, MMSI provides customized procedural solutions, offering critical care items, disinfection protection systems, specialized syringes, manifold kits, and tailored trays and packs. Their offerings further extend to coated tubes and wires, alongside sophisticated sensor components for microelectromechanical systems (MEMS). The company also features pulmonary products, such as laser-cut tracheobronchial stents with their accompanying over-the-wire and direct visualization delivery systems, and dilation balloons used for endoscopic stricture dilation. Gastroenterology products, as well as essential kits and accessories for endoscopy and bronchoscopy procedures, complete their diverse catalog. Merit Medical Systems sells its products to a wide client base, including hospitals and healthcare professionals (physicians, technicians, and nurses) working in alternative care settings. Distribution channels include a direct sales force, authorized distributors, original equipment manufacturer (OEM) partnerships, and custom procedure tray manufacturers, reaching customers throughout the United States and internationally. Founded in 1987, Merit Medical Systems, Inc. has its corporate headquarters situated in South Jordan, Utah.

                    Merit Medical Systems (MMSI) Earnings & Revenues

                    MMSI Company Deck

                    MMSI Earnings Call

                    Q1 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call was largely positive: Merit beat revenue and earnings expectations in Q1, delivered the highest first-quarter operating margin in company history, generated stronger free cash flow, and closed strategic acquisitions (Viewpoint, BioLife, C2) that expand high-growth therapeutic markets. Near-term headwinds include a steep OEM decline in the quarter, tariff impacts and uncertainty, divestiture-related revenue drag, a recent Class I recall (managed as immaterial), and Q2 guidance reflecting some margin and EPS pressure. Management reiterated solid full-year guidance and confidence in organic and inorganic growth and emphasized disciplined cost/control efforts and platform alignment.View all MMSI earnings summaries

                    MMSI Stock 12 Month Forecast

                    Average Price Target

                    $87.50
                    ▲(28.36% Upside)
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                    Ownership Overview

                    2.69%37.81%<0.01%33.89%
                    <0.01% Other Institutional Investors
                    33.89% Public Companies and
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