Merit Medical Systems, Inc. – NASDAQ:MMSI

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$87.15

-10.14

-10.43%

Market closed

Open in about 6 hours

+12.69%

month

+12.69%

quarter

+26.86%

year

Market Cap	5.65B
Enterprise value	4.58B

P/E	59.43
EV/Sales	3.98
EV/EBITDA	25.32
Price/Sales	3.80
Price/Book	3.82
PEG ratio	1.13
EPS	1.77

Revenue	1.28B
EBITDA	246.96M
Income	101.94M
Revenue Q/Q	8.71%
Revenue Y/Y	9.28%

Profit margin	6.47%
Oper. margin	8.78%
Gross margin	45.1%
EBIT margin	8.78%
EBITDA margin	19.26%

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10 years history
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Merit Medical Systems Stock Forecast

M Q Y

Last Year

$102.86

Potential upside: 18.02%

Analysts Price target
Financials & Ratios estimates

Merit Medical Systems, Inc. (NASDAQ:MMSI): Profit margin
Jun 2023	320.05M	20.24M	6.33%
Sep 2023	315.23M	25.83M	8.2%
Dec 2023	323.28M	27.62M	8.55%
Mar 2024	323.50M	28.24M	8.73%

Merit Medical Systems, Inc. (NASDAQ:MMSI): Debt to assets
Jun 2023	1837568000	633.86M	34.49%
Sep 2023	1808505000	578.62M	31.99%
Dec 2023	2325244000	1.12B	48.31%
Mar 2024	2326352000	1.08B	46.69%

Merit Medical Systems, Inc. (NASDAQ:MMSI): Cash Flow
Jun 2023	17.28M	-142.89M	141.50M
Sep 2023	51.06M	-9.25M	-54.55M
Dec 2023	62.25M	-8.34M	472.81M
Mar 2024	36.21M	-22.05M	-18.00M

Merit Medical Systems alternative data

Merit Medical Systems
Employees

Merit Medical Systems, Inc. (NASDAQ:MMSI): Employee count
Aug 2023	6,846
Sep 2023	6,846
Oct 2023	6,846
Nov 2023	6,846
Dec 2023	6,846
Jan 2024	6,846
Feb 2024	6,846
Mar 2024	6,950
Apr 2024	6,950
May 2024	6,950
Jun 2024	6,950
Jul 2024	6,950

Merit Medical Systems
Hedge Funds Holdings Q1 2022

92.46% +0.77%

of MMSI is owned by hedge funds

250 -9

hedge funds hold MMSI stock

53.03M +268.22K

shares is hold by hedge funds

MMSI hedge funds holdings changes

Merit Medical Systems
Insider Trading

Merit Medical Systems, Inc. (NASDAQ:MMSI): Insider trades (number of shares)
Period	Buy	Sel
Aug 2023	0	30180
Jan 2024	0	20000
Jun 2024	0	20000

Transaction	Date	Insider	Security	Shares	Price per share	Total value
Option	28 Jun 2024	MILLNER F. ANN director director	Common Stock, No Par Value	12,500	$50.5	$631,250
Sale	28 Jun 2024	MILLNER F. ANN director director	Common Stock, No Par Value	12,299	$85	$1,045,415
Sale	28 Jun 2024	MILLNER F. ANN director director	Common Stock, No Par Value	201	$85	$17,085
Option	28 Jun 2024	MILLNER F. ANN director director	Non-qualified stock options (right to buy)	12,500	$50.5	$631,250
Option	10 Jun 2024	PETERSON NEIL officer: CHIEF OPERATING OFFICER officer: CHIEF OPERATING OFFICER	Common Stock, No Par Value	7,500	$44.8	$336,000
Sale	10 Jun 2024	PETERSON NEIL officer: CHIEF OPERATING OFFICER officer: CHIEF OPERATING OFFICER	Common Stock, No Par Value	7,500	$81.85	$613,845
Option	10 Jun 2024	PETERSON NEIL officer: CHIEF OPERATING OFFICER officer: CHIEF OPERATING OFFICER	Non-qualified stock options (right to buy)	7,500	$44.8	$336,000
Option	22 Jan 2024	MILLNER F. ANN director director	Common Stock, No Par Value	20,000	$34.4	$688,000
Sale	22 Jan 2024	MILLNER F. ANN director director	Common Stock, No Par Value	20,000	$80	$1,600,000
Option	22 Jan 2024	MILLNER F. ANN director director	Non-qualified stock options (right to buy)	20,000	$34.4	$688,000

MMSI insider trading transactions

Status	Patent	Filling date	Issue date
Grant	Grant Utility: IV pole isolation and cleaning devices and methods Filling date: 15 Jan 2020 Issue date: 13 Sep 2022	15 Jan 2020	13 Sep 2022
Grant	Grant Utility: Inflation devices with proximity pairing and methods and systems related thereto Filling date: 24 Apr 2019 Issue date: 13 Sep 2022	24 Apr 2019	13 Sep 2022
Grant	Grant Utility: Convertible nephroureteral catheter Filling date: 20 Apr 2018 Issue date: 13 Sep 2022	20 Apr 2018	13 Sep 2022
Application	Application FIBROUS CONSTRUCTS WITH THERAPEUTIC MATERIAL PARTICLES Filling date: 25 Feb 2022 Issue date: 1 Sep 2022	25 Feb 2022	1 Sep 2022
Application	Application DEVICES AND METHODS FOR DEPLOYMENT OF A VASCULAR PROSTHESIS Filling date: 24 Feb 2022 Issue date: 1 Sep 2022	24 Feb 2022	1 Sep 2022
Grant	Grant Utility: Expandable introducer assembly Filling date: 18 May 2020 Issue date: 16 Aug 2022	18 May 2020	16 Aug 2022
Grant	Grant Utility: Anchor device for vascular anastomosis Filling date: 9 Dec 2019 Issue date: 16 Aug 2022	9 Dec 2019	16 Aug 2022
Grant	Grant Utility: Microcatheter occlusion embolization catheter Filling date: 27 Mar 2019 Issue date: 16 Aug 2022	27 Mar 2019	16 Aug 2022
Application	Application MULTI-STAGE BALLOON CATHETER SYSTEMS AND METHODS Filling date: 18 Apr 2022 Issue date: 4 Aug 2022	18 Apr 2022	4 Aug 2022
Application	Application VACUUM-ASSISTED SOFT TISSUE BIOPSY DEVICE Filling date: 18 Jan 2022 Issue date: 21 Jul 2022	18 Jan 2022	21 Jul 2022

Merit Medical Systems
Earnings Call Transcripts

Quarter	Transcript
Q1 2024 30 Apr 2024	Q1 2024 Earnings Call Transcript
Q4 2023 28 Feb 2024	Q4 2023 Earnings Call Transcript
Q3 2023 26 Oct 2023	Q3 2023 Earnings Call Transcript
Q2 2023 26 Jul 2023	Q2 2023 Earnings Call Transcript

MMSI earnings call transcripts

Merit Medical Systems
Executives

Insider	Age	Compensation
Mr. Fred P. Lampropoulos (1950) Founder, Chairman, Chief Executive Officer & Pres	75	$2,730,000
Mr. Ronald A. Frost (1962) Chief Operating Officer	63	$865,380
Mr. Raul Parra Jr., CPA (1979) Chief Financial Officer & Treasurer	46	$862,890
Mr. Brian G. Lloyd (1961) Chief Legal Officer & Corporation Sec.	64	$796,150

Merit Medical Systems
Latest News

Monday, 23 December 2024
12:31	Merit Medical Stock Rises Following FDA Nod for WRAPSODY Device	zacks.com
Friday, 20 December 2024
09:15	Merit Medical Announces FDA Approval of the WRAPSODY Cell-Impermeable Endoprosthesis	globenewswire.com
Monday, 16 December 2024
16:00	Merit Medical Announces Resignation of President, Joseph Wright	globenewswire.com
10:46	Why Merit Medical (MMSI) is a Top Growth Stock for the Long-Term	zacks.com
Friday, 13 December 2024
03:15	Zacks Industry Outlook Becton, Dickinson, BD, McKesson, Cardinal Health and Merit Medical Systems	zacks.com
Thursday, 12 December 2024
09:46	4 Stocks to Watch Amid Dental Supplies Industry Challenges	zacks.com
Friday, 29 November 2024
12:46	MMSI or WST: Which Is the Better Value Stock Right Now?	zacks.com
Tuesday, 26 November 2024
12:06	MMSI Stock Down Despite Latest Positive Data From WRAPSODY WAVE Trial	zacks.com
Monday, 25 November 2024
10:25	Fundus Camera Market Global Forecasts and Company Analysis 2025-2033, Profiles of Carl Zeiss Medites, Topcon Medical Systems, Merit Medical Systems, NIDEK, and Revenio Group	globenewswire.com
09:15	Merit Medical's WRAPSODY WAVE Trial Exceeds Performance Goals for Arteriovenous Graft (AVG) Patients	globenewswire.com
Thursday, 21 November 2024
13:46	3 Reasons Why Growth Investors Shouldn't Overlook Merit Medical (MMSI)	zacks.com
Wednesday, 20 November 2024
09:05	Merit Medical Stock Gains 37.9% Year to Date: What's Behind the Rally?	zacks.com
Friday, 8 November 2024
10:16	Merit Medical Systems, Inc. (MMSI) Hits Fresh High: Is There Still Room to Run?	zacks.com
Thursday, 7 November 2024
12:40	BDX or MMSI: Which Is the Better Value Stock Right Now?	zacks.com
Tuesday, 5 November 2024
13:46	Is Merit Medical (MMSI) a Solid Growth Stock? 3 Reasons to Think "Yes"	zacks.com
Friday, 1 November 2024
10:50	Why Merit Medical (MMSI) is a Top Momentum Stock for the Long-Term	zacks.com
09:15	Merit Medical Completes Acquisition of Lead Management Portfolio from Cook Medical	globenewswire.com
Thursday, 31 October 2024
09:40	MMSI's Stock Declines Despite Q3 Earnings Beat, Higher Gross Margin	zacks.com
Wednesday, 30 October 2024
23:52	Merit Medical Systems, Inc. (MMSI) Q3 2024 Earnings Call Transcript	seekingalpha.com
21:06	Compared to Estimates, Merit Medical (MMSI) Q3 Earnings: A Look at Key Metrics	zacks.com
19:25	Merit Medical (MMSI) Q3 Earnings and Revenues Surpass Estimates	zacks.com
Tuesday, 22 October 2024
12:41	BDX vs. MMSI: Which Stock Is the Better Value Option?	zacks.com
Monday, 21 October 2024
13:15	Why Merit Medical (MMSI) is Poised to Beat Earnings Estimates Again	zacks.com
Tuesday, 8 October 2024
17:43	Merit Medical Systems to Announce Third Quarter 2024 Results on October 30, 2024	globenewswire.com
14:25	Merit Medical Stock Gains 24.7% Year to Date: What's Behind the Rally?	zacks.com
Friday, 4 October 2024
08:11	Here's Why You Should Retain Merit Medical Stock in Your Portfolio	zacks.com
Thursday, 19 September 2024
11:56	MMSI Stock Likely to Gain From Cook Medical's Product Portfolio Buyout	zacks.com
Wednesday, 18 September 2024
13:26	Merit Medical Stock Falls Despite Positive WRAPSODY Trial Results	zacks.com
Tuesday, 17 September 2024
07:00	Merit Medical Signs Agreement to Purchase Lead Management Portfolio from Cook Medical	globenewswire.com
Monday, 16 September 2024
08:30	Merit Medical's WRAPSODY WAVE Trial Demonstrates Superior Patency versus Standard of Care in AV Fistula Patients	globenewswire.com

Ideas & Opinions

Seeking Alpha 15 Jun 2024

Merit Medical: Undervalued With Multiple Growth Drivers In Play
Seeking Alpha 1 Nov 2023

Merit Medical Caught Up In The Med-Tech Downswing
Seeking Alpha 16 May 2023

Merit Medical: To Unlock Further Risk Capital In FY 2023
Seeking Alpha 1 Mar 2023

Merit Medical: Still Bullish On Long-Term Prospects After FY22 Numbers
Seeking Alpha 25 Feb 2023

Merit Medical: Reasonably-Priced Execution, With M&A Upside
Seeking Alpha 2 Dec 2022

Merit Medical: Re-Rate To Buy, Upside Potential On Offer
Seeking Alpha 9 Jun 2022

Bausch + Lomb: Shares Deserve Some Upside
Seeking Alpha 23 Mar 2022

Merit Medical's Underperformance Seems Overdone As Elective Procedures Normalize
Seeking Alpha 15 Feb 2022

STAAR Surgical: Drastically Overpriced
Seeking Alpha 17 Jul 2021

Red Hot Inflation: Healthcare Stocks You Can Buy

Frequently Asked Questions (FAQ)

What's the price of Merit Medical Systems stock today?

One share of Merit Medical Systems stock can currently be purchased for approximately $87.15.
When is Merit Medical Systems's next earnings date?

Unfortunately, Merit Medical Systems's (MMSI) next earnings date is currently unknown.
Does Merit Medical Systems pay dividends?

No, Merit Medical Systems does not pay dividends.
How much money does Merit Medical Systems make?

Merit Medical Systems has a market capitalization of 5.65B and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 9.24% to 1.26B US dollars.
What is Merit Medical Systems's stock symbol?

Merit Medical Systems, Inc. is traded on the NASDAQ under the ticker symbol "MMSI".
What is Merit Medical Systems's primary industry?

Company operates in the Healthcare sector and Medical - Instruments & Supplies industry.
How do i buy shares of Merit Medical Systems?

Shares of Merit Medical Systems can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Who are Merit Medical Systems's key executives?
Merit Medical Systems's management team includes the following people:
- Mr. Fred P. Lampropoulos Founder, Chairman, Chief Executive Officer & Pres(age: 75, pay: $2,730,000)
- Mr. Ronald A. Frost Chief Operating Officer(age: 63, pay: $865,380)
- Mr. Raul Parra Jr., CPA Chief Financial Officer & Treasurer(age: 46, pay: $862,890)
- Mr. Brian G. Lloyd Chief Legal Officer & Corporation Sec.(age: 64, pay: $796,150)
Is Merit Medical Systems founder-led company?

Yes, Merit Medical Systems is a company led by its founder Mr. Fred P. Lampropoulos.
How many employees does Merit Medical Systems have?

As Jul 2024, Merit Medical Systems employs 6,950 workers.
When Merit Medical Systems went public?

Merit Medical Systems, Inc. is publicly traded company for more then 35 years since IPO on 14 May 1990.
What is Merit Medical Systems's official website?

The official website for Merit Medical Systems is merit.com.
Where are Merit Medical Systems's headquarters?

Merit Medical Systems is headquartered at 1600 West Merit Parkway, South Jordan, UT.
How can i contact Merit Medical Systems?

Merit Medical Systems's mailing address is 1600 West Merit Parkway, South Jordan, UT and company can be reached via phone at 801 253 1600.
What is Merit Medical Systems stock forecast & price target?

Based on 5 Wall Street analysts` predicted price targets for Merit Medical Systems in the last 12 months, the avarage price target is $102.86. The average price target represents a 18.02% change from the last price of $87.15.

Merit Medical Systems, Inc.

merit.com

Exchange:

NASDAQ

Full time employees:

6,950

Industry:

Medical - Instruments & Supplies

Sector:

Healthcare

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. The company also offers custom procedural solutions that include critical care products, disinfection protection systems, syringes, manifold kits, and trays and packs; coated tubes and wires; and sensor components for microelectromechanical systems. In addition, it provides pulmonary products that consist of laser-cut tracheobronchial stents, over-the-wire and direct visualization delivery systems, and dilation balloons to endoscopically dilate strictures; gastroenterology products; and kits and accessories for endoscopy and bronchoscopy procedures. The company sells its products to hospitals and alternate site-based physicians, technicians, and nurses through direct sales force, distributors, original equipment manufacturer partners, or custom procedure tray manufacturers in the United States and internationally. Merit Medical Systems, Inc. was incorporated in 1987 and is headquartered in South Jordan, Utah.

801 253 1600

1600 West Merit Parkway
South Jordan, UT 84095

CIK: 0000856982
ISIN: US5898891040
CUSIP: 589889104