MMSI logo

Merit Medical Systems (MMSI) Stock

Profile

Sector:

Healthcare

Country:

United States

IPO:

14 May 1990

Indexes:

Not included

Description:

Merit Medical Systems, Inc. is one of the leading manufacturers and sellers of patented disposable medical devices used in interventional, diagnostic, and therapeutic procedures in cardiology, radiology, oncology, intensive care, and endoscopy. The company was founded in 1987, headquartered in South Jordan, Utah, USA. The company supplies products to individual physicians, hospitals and clinics, major purchasing groups, and integrated healthcare networks. The company's products are offered for sale in six main groups: Peripheral intervention. Cardiac intervention. Cardiovascular and resuscitation support. Interventional oncology and spine. Localization and breast cancer treatment guidance. Endoscopy.

Key Details

Price

$102.59

Annual Revenue

$1.26 B(+9.24% YoY)

Annual EPS

$1.62(+25.58% YoY)

PE Ratio

50.04(+20.61% YoY)

Beta

0.54

Events Calendar

Earnings

Next earnings date:

Feb 28, 2025

Recent quarterly earnings:

Oct 30, 2024

Recent annual earnings:

Feb 28, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

May 06, 2011

Analyst ratings

Recent major analysts updates

31 Oct '24 Needham
Buy
31 Oct '24 Barrington Research
Outperform
31 Oct '24 Baird
Outperform
18 Oct '24 Barrington Research
Outperform
20 Sept '24 Barrington Research
Outperform
17 Sept '24 Needham
Buy
16 Sept '24 Wells Fargo
Equal-Weight
16 Sept '24 Needham
Buy
16 Sept '24 B of A Securities
Neutral
09 Sept '24 Piper Sandler
Overweight

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Institutional Ownership

MMSI Stock Down Despite Latest Positive Data From WRAPSODY WAVE Trial
MMSI Stock Down Despite Latest Positive Data From WRAPSODY WAVE Trial
MMSI Stock Down Despite Latest Positive Data From WRAPSODY WAVE Trial
MMSI
zacks.com26 November 2024

The significant improvement in patency rates for AVG patients via Merit Medical's WRAPSODY device is expected to enhance patients' vascular access survival.

3 Reasons Why Growth Investors Shouldn't Overlook Merit Medical (MMSI)
3 Reasons Why Growth Investors Shouldn't Overlook Merit Medical (MMSI)
3 Reasons Why Growth Investors Shouldn't Overlook Merit Medical (MMSI)
MMSI
zacks.com21 November 2024

Merit Medical (MMSI) could produce exceptional returns because of its solid growth attributes.

Merit Medical Stock Gains 37.9% Year to Date: What's Behind the Rally?
Merit Medical Stock Gains 37.9% Year to Date: What's Behind the Rally?
Merit Medical Stock Gains 37.9% Year to Date: What's Behind the Rally?
MMSI
zacks.com20 November 2024

MMSI shows strong growth momentum with a robust product portfolio and recent acquisitions, positioning itself well in competitive healthcare markets.

Merit Medical Systems, Inc. (MMSI) Hits Fresh High: Is There Still Room to Run?
Merit Medical Systems, Inc. (MMSI) Hits Fresh High: Is There Still Room to Run?
Merit Medical Systems, Inc. (MMSI) Hits Fresh High: Is There Still Room to Run?
MMSI
zacks.com08 November 2024

Merit Medical (MMSI) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Is Merit Medical (MMSI) a Solid Growth Stock? 3 Reasons to Think "Yes"
Is Merit Medical (MMSI) a Solid Growth Stock? 3 Reasons to Think "Yes"
Is Merit Medical (MMSI) a Solid Growth Stock? 3 Reasons to Think "Yes"
MMSI
zacks.com05 November 2024

Merit Medical (MMSI) possesses solid growth attributes, which could help it handily outperform the market.

Why Merit Medical (MMSI) is a Top Momentum Stock for the Long-Term
Why Merit Medical (MMSI) is a Top Momentum Stock for the Long-Term
Why Merit Medical (MMSI) is a Top Momentum Stock for the Long-Term
MMSI
zacks.com01 November 2024

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Merit Medical Completes Acquisition of Lead Management Portfolio from Cook Medical
Merit Medical Completes Acquisition of Lead Management Portfolio from Cook Medical
Merit Medical Completes Acquisition of Lead Management Portfolio from Cook Medical
MMSI
globenewswire.com01 November 2024

SOUTH JORDAN, Utah, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a global leader in healthcare technology, today reported that it has completed the acquisition of Cook Medical's lead management portfolio. The purchase consideration consisted of a cash payment of approximately $210 million and the assumption of certain liabilities. Merit funded the acquisition payment through a combination of cash on hand and borrowings under its long-term credit facility.

MMSI's Stock Declines Despite Q3 Earnings Beat, Higher Gross Margin
MMSI's Stock Declines Despite Q3 Earnings Beat, Higher Gross Margin
MMSI's Stock Declines Despite Q3 Earnings Beat, Higher Gross Margin
MMSI
zacks.com31 October 2024

Merit Medical benefits from revenue growth in both segments and all its product categories within its Cardiovascular unit in the third quarter.

Merit Medical Systems, Inc. (MMSI) Q3 2024 Earnings Call Transcript
Merit Medical Systems, Inc. (MMSI) Q3 2024 Earnings Call Transcript
Merit Medical Systems, Inc. (MMSI) Q3 2024 Earnings Call Transcript
MMSI
seekingalpha.com30 October 2024

Merit Medical Systems, Inc. (NASDAQ:MMSI ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Fred Lampropoulos - Founder, Chairman & Chief Executive Officer Brian Lloyd - Chief Legal Officer & Corporate Secretary Joe Wright - President Raul Parra - Chief Financial Officer Conference Call Participants John Young - Canaccord Jayson Bedford - Raymond James Jason Bednar - Piper Sandler David Rescott - R.W. Baird Mike Matson - Needham Craig Bijou - Bank of America Securities Jim Sidoti - Sidoti & Company Michael Petusky - Barrington Research Steve Lichtman - Oppenheimer Operator Good day, and thank you for standing by.

Merit Medical (MMSI) Q3 Earnings and Revenues Surpass Estimates
Merit Medical (MMSI) Q3 Earnings and Revenues Surpass Estimates
Merit Medical (MMSI) Q3 Earnings and Revenues Surpass Estimates
MMSI
zacks.com30 October 2024

Merit Medical (MMSI) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.75 per share a year ago.

FAQ

  • What is the primary business of Merit Medical Systems?
  • What is the ticker symbol for Merit Medical Systems?
  • Does Merit Medical Systems pay dividends?
  • What sector is Merit Medical Systems in?
  • What industry is Merit Medical Systems in?
  • What country is Merit Medical Systems based in?
  • When did Merit Medical Systems go public?
  • Is Merit Medical Systems in the S&P 500?
  • Is Merit Medical Systems in the NASDAQ 100?
  • Is Merit Medical Systems in the Dow Jones?
  • When was Merit Medical Systems's last earnings report?
  • When does Merit Medical Systems report earnings?
  • Should I buy Merit Medical Systems stock now?

What is the primary business of Merit Medical Systems?

Merit Medical Systems, Inc. is one of the leading manufacturers and sellers of patented disposable medical devices used in interventional, diagnostic, and therapeutic procedures in cardiology, radiology, oncology, intensive care, and endoscopy. The company was founded in 1987, headquartered in South Jordan, Utah, USA. The company supplies products to individual physicians, hospitals and clinics, major purchasing groups, and integrated healthcare networks. The company's products are offered for sale in six main groups: Peripheral intervention. Cardiac intervention. Cardiovascular and resuscitation support. Interventional oncology and spine. Localization and breast cancer treatment guidance. Endoscopy.

What is the ticker symbol for Merit Medical Systems?

The ticker symbol for Merit Medical Systems is NASDAQ:MMSI

Does Merit Medical Systems pay dividends?

No, Merit Medical Systems does not pay dividends

What sector is Merit Medical Systems in?

Merit Medical Systems is in the Healthcare sector

What industry is Merit Medical Systems in?

Merit Medical Systems is in the Medical Instruments & Supplies industry

What country is Merit Medical Systems based in?

Merit Medical Systems is headquartered in United States

When did Merit Medical Systems go public?

Merit Medical Systems's initial public offering (IPO) was on 14 May 1990

Is Merit Medical Systems in the S&P 500?

No, Merit Medical Systems is not included in the S&P 500 index

Is Merit Medical Systems in the NASDAQ 100?

No, Merit Medical Systems is not included in the NASDAQ 100 index

Is Merit Medical Systems in the Dow Jones?

No, Merit Medical Systems is not included in the Dow Jones index

When was Merit Medical Systems's last earnings report?

Merit Medical Systems's most recent earnings report was on 30 October 2024

When does Merit Medical Systems report earnings?

The next expected earnings date for Merit Medical Systems is 28 February 2025

Should I buy Merit Medical Systems stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions