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MMSI

Merit Medical Systems NasdaqGS:MMSI Stock Report

Last Price

US$71.75

Market Cap

US$4.1b

7D

2.5%

1Y

8.5%

Updated

25 Nov, 2022

Data

Company Financials +
MMSI fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance4/6
Financial Health6/6
Dividends0/6

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.

Merit Medical Systems, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Merit Medical Systems
Historical stock prices
Current Share PriceUS$71.75
52 Week HighUS$72.53
52 Week LowUS$50.46
Beta1.04
1 Month Change17.97%
3 Month Change20.20%
1 Year Change8.53%
3 Year Change156.25%
5 Year Change66.09%
Change since IPO1,284.03%

Recent News & Updates

Here's Why We Think Merit Medical Systems (NASDAQ:MMSI) Is Well Worth Watching

Nov 23
Here's Why We Think Merit Medical Systems (NASDAQ:MMSI) Is Well Worth Watching

Recent updates

Here's Why We Think Merit Medical Systems (NASDAQ:MMSI) Is Well Worth Watching

Nov 23
Here's Why We Think Merit Medical Systems (NASDAQ:MMSI) Is Well Worth Watching

A Look At The Intrinsic Value Of Merit Medical Systems, Inc. (NASDAQ:MMSI)

Oct 23
A Look At The Intrinsic Value Of Merit Medical Systems, Inc. (NASDAQ:MMSI)

At US$56.45, Is It Time To Put Merit Medical Systems, Inc. (NASDAQ:MMSI) On Your Watch List?

Oct 11
At US$56.45, Is It Time To Put Merit Medical Systems, Inc. (NASDAQ:MMSI) On Your Watch List?

Merit Medical Systems (NASDAQ:MMSI) Might Have The Makings Of A Multi-Bagger

Sep 28
Merit Medical Systems (NASDAQ:MMSI) Might Have The Makings Of A Multi-Bagger

Merit Medical Systems (NASDAQ:MMSI) Seems To Use Debt Rather Sparingly

Sep 16
Merit Medical Systems (NASDAQ:MMSI) Seems To Use Debt Rather Sparingly

Should You Be Adding Merit Medical Systems (NASDAQ:MMSI) To Your Watchlist Today?

Aug 10
Should You Be Adding Merit Medical Systems (NASDAQ:MMSI) To Your Watchlist Today?

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

Jul 14
Calculating The Fair Value Of Merit Medical Systems, Inc. (NASDAQ:MMSI)

Why Merit Medical Systems, Inc. (NASDAQ:MMSI) Could Be Worth Watching

Jun 29
Why Merit Medical Systems, Inc. (NASDAQ:MMSI) Could Be Worth Watching

We Think Merit Medical Systems (NASDAQ:MMSI) Can Manage Its Debt With Ease

Jun 14
We Think Merit Medical Systems (NASDAQ:MMSI) Can Manage Its Debt With Ease

Merit Medical Systems (NASDAQ:MMSI) Might Have The Makings Of A Multi-Bagger

May 30
Merit Medical Systems (NASDAQ:MMSI) Might Have The Makings Of A Multi-Bagger

A Look At The Fair Value Of Merit Medical Systems, Inc. (NASDAQ:MMSI)

Apr 12
A Look At The Fair Value Of Merit Medical Systems, Inc. (NASDAQ:MMSI)

Should You Investigate Merit Medical Systems, Inc. (NASDAQ:MMSI) At US$65.14?

Mar 03
Should You Investigate Merit Medical Systems, Inc. (NASDAQ:MMSI) At US$65.14?

Are Investors Undervaluing Merit Medical Systems, Inc. (NASDAQ:MMSI) By 21%?

Jan 09
Are Investors Undervaluing Merit Medical Systems, Inc. (NASDAQ:MMSI) By 21%?

Merit Medical Systems (NASDAQ:MMSI) Is Experiencing Growth In Returns On Capital

Dec 21
Merit Medical Systems (NASDAQ:MMSI) Is Experiencing Growth In Returns On Capital

Is Merit Medical Systems (NASDAQ:MMSI) Using Too Much Debt?

Oct 29
Is Merit Medical Systems (NASDAQ:MMSI) Using Too Much Debt?

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

Sep 24
Calculating The Intrinsic Value Of Merit Medical Systems, Inc. (NASDAQ:MMSI)

Merit Medical Systems (NASDAQ:MMSI) Has More To Do To Multiply In Value Going Forward

Sep 07
Merit Medical Systems (NASDAQ:MMSI) Has More To Do To Multiply In Value Going Forward

At US$67.87, Is It Time To Put Merit Medical Systems, Inc. (NASDAQ:MMSI) On Your Watch List?

Aug 03
At US$67.87, Is It Time To Put Merit Medical Systems, Inc. (NASDAQ:MMSI) On Your Watch List?

Is Merit Medical Systems (NASDAQ:MMSI) Using Too Much Debt?

Jul 16
Is Merit Medical Systems (NASDAQ:MMSI) Using Too Much Debt?

Increases to Merit Medical Systems, Inc.'s (NASDAQ:MMSI) CEO Compensation Might Cool off for now

Jun 11
Increases to Merit Medical Systems, Inc.'s (NASDAQ:MMSI) CEO Compensation Might Cool off for now

The Returns On Capital At Merit Medical Systems (NASDAQ:MMSI) Don't Inspire Confidence

May 19
The Returns On Capital At Merit Medical Systems (NASDAQ:MMSI) Don't Inspire Confidence

We Think Merit Medical Systems (NASDAQ:MMSI) Can Stay On Top Of Its Debt

Apr 14
We Think Merit Medical Systems (NASDAQ:MMSI) Can Stay On Top Of Its Debt

Don't Ignore The Fact That This Insider Just Sold Some Shares In Merit Medical Systems, Inc. (NASDAQ:MMSI)

Mar 19
Don't Ignore The Fact That This Insider Just Sold Some Shares In Merit Medical Systems, Inc. (NASDAQ:MMSI)

Is Merit Medical Systems' (NASDAQ:MMSI) 239% Share Price Increase Well Justified?

Mar 17
Is Merit Medical Systems' (NASDAQ:MMSI) 239% Share Price Increase Well Justified?

Is Merit Medical Systems (NASDAQ:MMSI) Likely To Turn Things Around?

Feb 10
Is Merit Medical Systems (NASDAQ:MMSI) Likely To Turn Things Around?

Have Insiders Been Buying Merit Medical Systems, Inc. (NASDAQ:MMSI) Shares This Year?

Jan 06
Have Insiders Been Buying Merit Medical Systems, Inc. (NASDAQ:MMSI) Shares This Year?

If You Had Bought Merit Medical Systems (NASDAQ:MMSI) Shares Five Years Ago You'd Have Earned 201% Returns

Dec 11
If You Had Bought Merit Medical Systems (NASDAQ:MMSI) Shares Five Years Ago You'd Have Earned 201% Returns

A Look At Merit Medical Systems' (NASDAQ:MMSI) CEO Remuneration

Nov 20
A Look At Merit Medical Systems' (NASDAQ:MMSI) CEO Remuneration

Shareholder Returns

MMSIUS Medical EquipmentUS Market
7D2.5%1.9%1.3%
1Y8.5%-20.2%-18.5%

Return vs Industry: MMSI exceeded the US Medical Equipment industry which returned -22.2% over the past year.

Return vs Market: MMSI exceeded the US Market which returned -20.2% over the past year.

Price Volatility

Is MMSI's price volatile compared to industry and market?
MMSI volatility
MMSI Average Weekly Movement4.9%
Medical Equipment Industry Average Movement8.7%
Market Average Movement7.4%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.3%

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

FoundedEmployeesCEOWebsite
19876,446Fred Lampropouloshttps://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. The company operates in two segments, Cardiovascular and Endoscopy. It 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

How do Merit Medical Systems's earnings and revenue compare to its market cap?
MMSI fundamental statistics
Market CapUS$4.08b
Earnings (TTM)US$61.73m
Revenue (TTM)US$1.14b

66.2x

P/E Ratio

3.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MMSI income statement (TTM)
RevenueUS$1.14b
Cost of RevenueUS$622.71m
Gross ProfitUS$513.35m
Other ExpensesUS$451.63m
EarningsUS$61.73m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.08
Gross Margin45.19%
Net Profit Margin5.43%
Debt/Equity Ratio19.9%

How did MMSI perform over the long term?

See historical performance and comparison