Merit Medical Systems, Inc. (MMSI)

Market Cap	5.55B
Revenue (ttm)	1.39B
Net Income (ttm)	122.26M
Shares Out	59.10M
EPS (ttm)	2.04
PE Ratio	46.08
Forward PE	28.11
Dividend	n/a
Ex-Dividend Date	n/a

Volume	447,823
Open	94.85
Previous Close	95.66
Day's Range	93.96 - 95.39
52-Week Range	78.73 - 111.45
Beta	0.70
Analysts	Buy
Price Target	109.00 (+16.02%)
Earnings Date	Apr 24, 2025

About MMSI

Merit Medical Systems, Inc. designs, develops, manufactures, and markets single-use medical products for interventional, diagnostic, and therapeutic procedures in the United States and internationally. It operates in two segments, Cardiovascular and Endoscopy. The company provides micropuncture kits, angiographic needles, sheaths, guide wires, and safety products; peripheral intervention, including angiography, drainage, delivery systems, and embolotherapy products; spine products, such as vertebral augmentation, radiofrequency ablation, and bo...

• Industry: Medical Instruments & Supplies
• Sector: Healthcare
• IPO Date: Aug 9, 1990
• Employees: 7,400
• Stock Exchange: NASDAQ
• Ticker Symbol: MMSI
• Website: https://www.merit.com

Financial Performance

In 2024, Merit Medical Systems's revenue was $1.36 billion, an increase of 7.89% compared to the previous year's $1.26 billion. Earnings were $120.36 million, an increase of 27.48%.

Analyst Forecast

According to 9 analysts, the average rating for MMSI stock is "Buy." The 12-month stock price forecast is $109.0, which is an increase of 16.02% from the latest price.

Price Target

$109.0

(16.02% upside)

Analyst Consensus: Buy