Merit Medical Systems, Inc. (MMSI)

Market Cap	5.72B
Revenue (ttm)	1.33B
Net Income (ttm)	120.04M
Shares Out	58.28M
EPS (ttm)	2.05
PE Ratio	47.91
Forward PE	27.56
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,065,980
Open	95.94
Previous Close	96.27
Day's Range	95.68 - 99.04
52-Week Range	70.70 - 108.08
Beta	0.84
Analysts	Strong Buy
Price Target	105.60 (+7.51%)
Earnings Date	Oct 30, 2024

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: 6,950
• Stock Exchange: NASDAQ
• Ticker Symbol: MMSI
• Website: https://www.merit.com

Financial Performance

In 2023, Merit Medical Systems's revenue was $1.26 billion, an increase of 9.24% compared to the previous year's $1.15 billion. Earnings were $94.41 million, an increase of 26.70%.

Analyst Forecast

According to 10 analysts, the average rating for MMSI stock is "Strong Buy." The 12-month stock price forecast is $105.6, which is an increase of 7.51% from the latest price.

Price Target

$105.6

(7.51% upside)

Analyst Consensus: Strong Buy