Merit Medical Systems, Inc. (MMSI)

NASDAQ: MMSI · Real-Time Price · USD
104.08
-0.63 (-0.60%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.60%
Market Cap 6.07B
Revenue (ttm) 1.33B
Net Income (ttm) 120.04M
Shares Out 58.28M
EPS (ttm) 2.05
PE Ratio 50.76
Forward PE 29.19
Dividend n/a
Ex-Dividend Date n/a
Volume 338,811
Open 104.05
Previous Close 104.71
Day's Range 102.97 - 104.49
52-Week Range 65.46 - 105.46
Beta 0.89
Analysts Buy
Price Target 103.70 (-0.37%)
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... [Read more]

Sector Healthcare
IPO Date Aug 9, 1990
Employees 6,950
Stock Exchange NASDAQ
Ticker Symbol MMSI
Full Company Profile

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%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for MMSI stock is "Buy." The 12-month stock price forecast is $103.7, which is a decrease of -0.37% from the latest price.

Price Target
$103.7
(-0.37% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Merit Medical Completes Acquisition of Lead Management Portfolio from Cook Medical

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...

19 days ago - GlobeNewsWire

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

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...

21 days ago - Seeking Alpha

Merit Medical Systems to Announce Third Quarter 2024 Results on October 30, 2024

SOUTH JORDAN, Utah, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading global manufacturer and marketer of healthcare technology, announced today that it will rele...

6 weeks ago - GlobeNewsWire

Merit Medical Signs Agreement to Purchase Lead Management Portfolio from Cook Medical

SOUTH JORDAN, Utah, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a global leader in healthcare technology, today announced it has signed a definitive asset purchase a...

2 months ago - GlobeNewsWire

Merit Medical's WRAPSODY WAVE Trial Demonstrates Superior Patency versus Standard of Care in AV Fistula Patients

In the US pivotal trial, WRAPSODY achieved 89.8% target lesion primary patency at 6 months In the US pivotal trial, WRAPSODY achieved 89.8% target lesion primary patency at 6 months

2 months ago - GlobeNewsWire

Merit Medical to Present at the 2024 Cardiovascular and Interventional Radiological Society of Europe (CIRSE) Annual Congress

SOUTH JORDAN, Utah, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading global manufacturer and marketer of healthcare technology, announced today that clinicians ...

2 months ago - GlobeNewsWire

Merit Medical Systems, Inc. (MMSI) Q2 2024 Earnings Call Transcript

Merit Medical Systems, Inc. (NASDAQ:MMSI) Q2 2024 Results Conference Call August 1, 2024 5:00 PM ET Company Participants Fred Lampropoulos - Founder, Chairman, and Chief Executive Officer Brian Lloyd...

3 months ago - Seeking Alpha

Merit Medical Reports Second Quarter 2024 Results and Raises Full-Year Guidance

Second Quarter 2024 Highlights† Reported revenue of $338.0 million, up 5.6% Constant currency revenue* up 6.6% Constant currency revenue, organic,* up 5.0% GAAP operating margin of 13.6%, compared to ...

3 months ago - GlobeNewsWire

Merit Medical to Present 6-Month Outcomes from Randomized Arm of WRAPSODY™ Arteriovenous Access Efficacy (WAVE) Pivotal Study at Two Upcoming Medical Meetings

SOUTH JORDAN, Utah, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a global leader of healthcare technology, today announced plans to release findings from its WAVE stud...

3 months ago - GlobeNewsWire

Merit Medical Announces Asset Purchase Agreement with EndoGastric Solutions, Inc.®

SOUTH JORDAN, Utah, July 01, 2024 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a global leader of healthcare technology, today announced it has executed an asset purchase agreement ...

5 months ago - GlobeNewsWire

Merit Medical Systems to Announce Second Quarter 2024 Results on August 1, 2024

SOUTH JORDAN, Utah, June 18, 2024 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading global manufacturer and marketer of healthcare technology, announced today that it will rele...

5 months ago - GlobeNewsWire

Merit Medical: Undervalued With Multiple Growth Drivers In Play

Merit Medical has shown solid performance with revenue and EBITDA growth, but has only tracked the broader med-tech market higher as investors wait for more exciting drivers. The company's WRAPSODY en...

5 months ago - Seeking Alpha

Merit Medical recalling plastic syringes supplied by Jiangsu Shenli Medical, US FDA says

The U.S. Food and Drug Administration said on Friday that Merit Medical Systems has initiated a recall for plastic syringes supplied by Jiangsu Shenli Medical Production.

5 months ago - Reuters

Merit Medical Launches basixSKY™ Inflation Device

Versatile analog device offers fast inflation and ease of use, streamlining patient care Versatile analog device offers fast inflation and ease of use, streamlining patient care

6 months ago - GlobeNewsWire

Merit Medical Shareholders Elect Silvia M. Perez as New Director

Experienced healthcare veteran brings a broad background spanning clinical, regulatory, operations, marketing, and business leadership to Merit's Board of Directors Experienced healthcare veteran brin...

6 months ago - GlobeNewsWire

Merit Medical Executive Leadership Team Update

Joe Wright Appointed President Expands Deep Bench of Leadership Team Talent; Supports “Continued Growth Initiatives” Program SOUTH JORDAN, Utah, May 15, 2024 (GLOBE NEWSWIRE) -- Merit Medical Systems,...

6 months ago - GlobeNewsWire

Merit Medical Expands Embolics Portfolio with New Siege™ Vascular Plug and Bearing nsPVA Express™ Prefilled Syringe

SOUTH JORDAN, Utah, May 14, 2024 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a global leader of healthcare technology, today announced US Food and Drug Administration (FDA) 510(k) ...

6 months ago - GlobeNewsWire

Merit Medical Systems, Inc. (MMSI) Q1 2024 Earnings Call Transcript

Merit Medical Systems, Inc. (NASDAQ:MMSI) Q1 2024 Earnings Conference Call April 30, 2024 5:00 PM ET Company Participants Fred Lampropoulos - Founder, Chairman, and CEO Brian Lloyd - CLO and Corporat...

7 months ago - Seeking Alpha

Merit Medical Reports Results for First Quarter Ended March 31, 2024

* Constant currency revenue; constant currency revenue, organic; non-GAAP gross profit and margin; non-GAAP operating income and margin; non-GAAP net income; non-GAAP EPS; and free cash flow are non-G...

7 months ago - GlobeNewsWire

Merit Medical Launches the Micro ACE™ Advanced Micro-Access System

Micro ACE combines a unique balance of stiffness and resiliency to achieve successful micro-access in challenging cases Micro ACE combines a unique balance of stiffness and resiliency to achieve succe...

8 months ago - GlobeNewsWire

Merit Medical Systems to Announce First Quarter 2024 Results on April 30, 2024

SOUTH JORDAN, Utah, March 18, 2024 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading global manufacturer and marketer of healthcare technology, announced today that it will rel...

8 months ago - GlobeNewsWire

Merit Medical to Host Evening of Innovation during the 2024 Society of Interventional Radiology (SIR) Annual Scientific Meeting

Merit Medical to host SIR attendees at Salt Lake City headquarters and SIR booth 320 Merit Medical to host SIR attendees at Salt Lake City headquarters and SIR booth 320

9 months ago - GlobeNewsWire

Merit Medical Systems, Inc. (MMSI) Q4 2023 Earnings Call Transcript

Merit Medical Systems, Inc. (MMSI) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Merit Medical Reports Results For Fourth Quarter and Year Ended December 31, 2023 - Issues Fiscal Year 2024 Guidance

*  Constant currency revenue; constant currency revenue, organic; non-GAAP EPS; non-GAAP net income; non-GAAP operating income and margin; non-GAAP gross profit and margin; and free cash flow are non-...

9 months ago - GlobeNewsWire

Merit Medical Introduces “Continued Growth Initiatives” Program and Financial Targets for Three-Year Period Ending December 31, 2026

SOUTH JORDAN, Utah, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading global manufacturer and marketer of healthcare technology, today introduced its Continued Gr...

9 months ago - GlobeNewsWire