Merit Medical Systems, Inc. (MMSI)
NASDAQ: MMSI · Real-Time Price · USD
101.68
-2.56 (-2.46%)
At close: Nov 13, 2024, 4:00 PM
102.09
+0.41 (0.40%)
After-hours: Nov 13, 2024, 4:00 PM EST
Merit Medical Systems Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for MMSI stock have an average target of 103.7, with a low estimate of 87 and a high estimate of 125. The average target predicts an increase of 1.99% from the current stock price of 101.68.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for MMSI stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 4 | 5 | 5 | 5 | 5 | 5 |
| Hold | 2 | 2 | 2 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $109 | Strong Buy | Reiterates | $109 | +7.20% | Oct 31, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $114 | Buy | Maintains | $114 | +12.12% | Oct 31, 2024 |
| Baird | Baird | Buy Maintains $107 → $109 | Buy | Maintains | $107 → $109 | +7.20% | Oct 31, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $114 | Buy | Maintains | $114 | +12.12% | Oct 18, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $100 → $114 | Buy | Maintains | $100 → $114 | +12.12% | Sep 20, 2024 |
Financial Forecast
Revenue This Year
1.38B
from 1.26B
Increased by 9.36%
Revenue Next Year
1.50B
from 1.38B
Increased by 9.09%
EPS This Year
3.42
from 1.62
Increased by 111.18%
EPS Next Year
3.78
from 3.42
Increased by 10.58%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.4B | 1.6B | 1.7B | |
| Avg | 1.4B | 1.5B | 1.6B | |
| Low | 1.3B | 1.4B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 12.8% | 13.2% | 11.2% | |
| Avg | 9.4% | 9.1% | 5.1% | |
| Low | 4.9% | 3.7% | -1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.53 | 3.99 | 4.46 | ||
| Avg | 3.42 | 3.78 | 4.19 | ||
| Low | 3.27 | 3.44 | 3.85 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 117.8% | 16.6% | 18.0% | ||
| Avg | 111.2% | 10.6% | 10.7% | ||
| Low | 102.0% | 0.5% | 1.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.