Merit Medical Systems, Inc. (MMSI)

Market Cap	4.30B
Revenue (ttm)	1.26B
Net Income (ttm)	94.41M
Shares Out	57.93M
EPS (ttm)	1.62
PE Ratio	45.88
Forward PE	21.98
Dividend	n/a
Ex-Dividend Date	n/a

Volume	103,811
Open	73.69
Previous Close	74.18
Day's Range	73.37 - 74.64
52-Week Range	62.58 - 85.62
Beta	0.91
Analysts	Buy
Price Target	89.50 (+20.54%)
Earnings Date	Apr 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

Financial Performance

In 2023, MMSI'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 "Buy." The 12-month stock price forecast is $89.5, which is an increase of 20.54% from the latest price.

Price Target

$89.5

(20.54% upside)

Analyst Consensus: Buy