MMSI Stock Overview
Merit Medical Systems, Inc. designs, develops, manufactures, and markets single-use medical products for interventional, diagnostic, and therapeutic procedures, primarily in cardiology, radiology, oncology, critical care, and endoscopy.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for MMSI from our risk checks.
Merit Medical Systems, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$72.71 |
| 52 Week High | US$85.62 |
| 52 Week Low | US$62.58 |
| Beta | 0.93 |
| 1 Month Change | 1.20% |
| 3 Month Change | 13.79% |
| 1 Year Change | 2.25% |
| 3 Year Change | 25.69% |
| 5 Year Change | 23.95% |
| Change since IPO | 1,302.55% |
Recent News & Updates
These 4 Measures Indicate That Merit Medical Systems (NASDAQ:MMSI) Is Using Debt Safely
Nov 21
What Is Merit Medical Systems, Inc.'s (NASDAQ:MMSI) Share Price Doing?
Nov 06Estimating The Fair Value Of Merit Medical Systems, Inc. (NASDAQ:MMSI)
Oct 23Recent updates
These 4 Measures Indicate That Merit Medical Systems (NASDAQ:MMSI) Is Using Debt Safely
Nov 21What Is Merit Medical Systems, Inc.'s (NASDAQ:MMSI) Share Price Doing?
Nov 06Estimating The Fair Value Of Merit Medical Systems, Inc. (NASDAQ:MMSI)
Oct 23Does Merit Medical Systems (NASDAQ:MMSI) Deserve A Spot On Your Watchlist?
Sep 11Return Trends At Merit Medical Systems (NASDAQ:MMSI) Aren't Appealing
Aug 13Is Now An Opportune Moment To Examine Merit Medical Systems, Inc. (NASDAQ:MMSI)?
Jul 31Is Merit Medical Systems (NASDAQ:MMSI) A Risky Investment?
Jul 17Is Now The Time To Put Merit Medical Systems (NASDAQ:MMSI) On Your Watchlist?
Jun 07Is It Time To Consider Buying Merit Medical Systems, Inc. (NASDAQ:MMSI)?
May 01We Think Merit Medical Systems (NASDAQ:MMSI) Can Manage Its Debt With Ease
Apr 16Returns On Capital At Merit Medical Systems (NASDAQ:MMSI) Have Hit The Brakes
Apr 02Is Now The Time To Put Merit Medical Systems (NASDAQ:MMSI) On Your Watchlist?
Mar 01Merit Medical Systems, Inc.'s (NASDAQ:MMSI) Intrinsic Value Is Potentially 24% Below Its Share Price
Feb 01Is Now The Time To Look At Buying Merit Medical Systems, Inc. (NASDAQ:MMSI)?
Jan 12Merit Medical Systems (NASDAQ:MMSI) Seems To Use Debt Rather Sparingly
Dec 29Here's Why We Think Merit Medical Systems (NASDAQ:MMSI) Is Well Worth Watching
Nov 23A Look At The Intrinsic Value Of Merit Medical Systems, Inc. (NASDAQ:MMSI)
Oct 23At US$56.45, Is It Time To Put Merit Medical Systems, Inc. (NASDAQ:MMSI) On Your Watch List?
Oct 11Merit Medical Systems (NASDAQ:MMSI) Might Have The Makings Of A Multi-Bagger
Sep 28Merit Medical Systems (NASDAQ:MMSI) Seems To Use Debt Rather Sparingly
Sep 16Merit Medical: No Change To Hold Thesis, ROIC Still One To Watch
Sep 09Should You Be Adding Merit Medical Systems (NASDAQ:MMSI) To Your Watchlist Today?
Aug 10Calculating The Fair Value Of Merit Medical Systems, Inc. (NASDAQ:MMSI)
Jul 14Why Merit Medical Systems, Inc. (NASDAQ:MMSI) Could Be Worth Watching
Jun 29We Think Merit Medical Systems (NASDAQ:MMSI) Can Manage Its Debt With Ease
Jun 14Merit Medical: 12% Downside Yet To Be Priced In Amid Flatlining Fundamentals
Jun 10Merit Medical Systems (NASDAQ:MMSI) Might Have The Makings Of A Multi-Bagger
May 30A Look At The Fair Value Of Merit Medical Systems, Inc. (NASDAQ:MMSI)
Apr 12Merit Medical's Underperformance Seems Overdone As Elective Procedures Normalize
Mar 23Should You Investigate Merit Medical Systems, Inc. (NASDAQ:MMSI) At US$65.14?
Mar 03Shareholder Returns
| MMSI | US Medical Equipment | US Market | |
|---|---|---|---|
| 7D | 1.3% | 1.0% | 1.1% |
| 1Y | 2.3% | -2.3% | 11.7% |
Return vs Industry: MMSI exceeded the US Medical Equipment industry which returned -2.3% over the past year.
Return vs Market: MMSI underperformed the US Market which returned 11.7% over the past year.
Price Volatility
| MMSI volatility | |
|---|---|
| MMSI Average Weekly Movement | 4.6% |
| Medical Equipment Industry Average Movement | 8.1% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: MMSI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MMSI's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | 6,846 | Fred Lampropoulos | https://www.merit.com |
Merit Medical Systems, Inc. designs, develops, manufactures, and markets single-use medical products for interventional, diagnostic, and therapeutic procedures, primarily in cardiology, radiology, oncology, critical care, and endoscopy. It operates in two segments, Cardiovascular and Endoscopy. The company provides peripheral intervention products for the diagnosis and treatment of diseases in peripheral vessels and organs; and cardiac intervention products, such as access, angiography, electrophysiology and cardiac rhythm management, fluid management, hemodynamic monitoring, hemostasis, and intervention to treat various heart conditions.
Merit Medical Systems, Inc. Fundamentals Summary
| MMSI fundamental statistics | |
|---|---|
| Market Cap | US$4.20b |
| Earnings (TTM) | US$100.18m |
| Revenue (TTM) | US$1.23b |
41.9x
P/E Ratio3.4x
P/S RatioIs MMSI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MMSI income statement (TTM) | |
|---|---|
| Revenue | US$1.23b |
| Cost of Revenue | US$658.37m |
| Gross Profit | US$567.90m |
| Other Expenses | US$467.71m |
| Earnings | US$100.18m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.73 |
| Gross Margin | 46.31% |
| Net Profit Margin | 8.17% |
| Debt/Equity Ratio | 23.3% |
How did MMSI perform over the long term?
See historical performance and comparison