Merit Medical Systems Inc

Merit Medical Systems Inc Stock Forecast & Price Prediction

Live Merit Medical Systems Inc Stock (MMSI) Price
$79.45

7

Ratings

  • Buy 5
  • Hold 2
  • Sell 0
Disclaimer : The analyst ratings and price forecast data are provided by Tradefeeds. The data is sourced from Wall Street analysts and other experienced experts. The figures presented are solely a forecast and not a guarantee of future price performance. The information presented is not a recommendation to buy or sell the stock.

Stock Price

$79.45

P/E Ratio

46.19

Volume Traded Today

$307,000

Dividend

Dividends not available for MMSI

52 Week High/low

85.62/62.58

Merit Medical Systems Inc Market Cap

$4.59B

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MMSI Summary

The Merit Medical Systems Inc (MMSI) share price is expected to increase by 12.2% over the next year. This is based on calculating the average 12-month share price estimate provided by 7 stock analysts who have covered MMSI. Price targets range from $81.00 at the low end to $102.00 at the high end. The current analyst consensus for MMSI is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

MMSI Analyst Ratings

Merit Medical Systems Inc has a total of 7 Wall St Analyst ratings. There are 5 buy ratings, 2 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Merit Medical Systems Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

MMSI stock forecast by analyst

Analyst/Firm

Rating

Price Target

Change

Date

craig bijou
Bank of America Securities

Hold

$87.0

initiatedcoverage

Feb 7, 2024
michael petusky
Barrington

Buy

$96.0

maintained

Jan 26, 2024
john young cfa
Canaccord Genuity

Buy

$102.0

maintained

Jan 22, 2024
jason bednar
Piper Sandler

Buy

$95.0

rated

Jan 12, 2024
larry biegelsen
Wells Fargo

Hold

$81.0

maintained

Jan 11, 2024
michael matson
Needham

Buy

$81.0

reiterated

Jan 8, 2024
steven lichtman
Oppenheimer

Buy

$82.0

maintained

Dec 15, 2023
william plovanic
Canaccord Genuity

Hold

$70.0

maintained

Aug 28, 2023
jayson bedford
Raymond James

Buy

$93.0

maintained

May 8, 2023
matthew o'brien
Piper Sandler

Buy

$79.0

maintained

Jul 30, 2021
james sidoti
Sidoti

Buy

$72.0

maintained

Oct 29, 2020
cecilia furlong
Morgan Stanley

Buy

$51.0

maintained

Jul 30, 2020
bob hopkins
Bank of America Securities

Sell

$30.0

maintained

Oct 31, 2019
bruce nudell
Truist Financial

Buy

$75.0

reiterated

Nov 28, 2018
lawrence keusch
Raymond James

Buy

$50.0

reiterated

Mar 8, 2018
charles haff
Craig-Hallum

Buy

$50.0

reiterated

Jul 27, 2017
brooks west
Piper Sandler

Buy

$27.0

reiterated

Nov 30, 2016
thomas gunderson
Piper Sandler

Buy

$22.0

maintained

Feb 23, 2016
james terwilliger
Northland Securities

Hold

$10.0

initiatedcoverage

May 9, 2013

MMSI Company Information

Merit Medical Systems, Inc. designs, develops, manufactures, and markets single-use medical products for interventional, diagnostic, and therapeutic procedures, primarily in cardiology, radiology, oncology, critical care, and endoscopy. It operates in two segments, Cardiovascular and Endoscopy. The company provides peripheral intervention products for the diagnosis and treatment of diseases in peripheral vessels and organs; and cardiac intervention products, such as access, angiography, electrophysiology and cardiac rhythm management, fluid management, hemodynamic monitoring, hemostasis, and intervention to treat various heart conditions. It also offers custom procedural solutions that include critical care products, disinfection protection systems, syringes, manifold kits, and trays and packs; coated tubes and wires; and sensor components for microelectromechanical systems. In addition, the company provides pulmonary products that consist of laser-cut tracheobronchial stents, over-the-wire and direct visualization delivery systems, and dilation balloons to endoscopically dilate strictures; gastroenterology products; and kits and accessories for endoscopy and bronchoscopy procedures. It sells its products to hospitals and alternate site-based physicians, technicians, and nurses through direct sales force, distributors, original equipment manufacturer partners, or custom procedure tray manufacturers in the United States and internationally. The company was incorporated in 1987 and is headquartered in South Jordan, Utah.

MMSI
Merit Medical Systems Inc (MMSI)

When did it IPO

N/A

Staff Count

6,846

Country

United States

Sector/Industry

Healthcare/Medical Instruments & Supplies

CEO

Mr. Fred P. Lampropoulos

Market Cap

$4.59B

Merit Medical Systems Inc (MMSI) Financial Data

In 2023, MMSI generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that MMSI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

N/A

0.00 %
From Previous Year
  • Revenue TTM $1.23B
  • Operating Margin TTM 11.3%
  • Gross profit TTM $519.1M
  • Return on assets TTM 4.6%
  • Return on equity TTM 8.6%
  • Profit Margin 8.2%
  • Book Value Per Share 21.30%
  • Market capitalisation $4.59B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 N/A
  • EPS this year (TTM) $1.72

Merit Medical Systems Inc (MMSI) Latest News

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MMSI Frequently asked questions

The highest forecasted price for MMSI is $102.00 from john young cfa at Canaccord Genuity.

The lowest forecasted price for MMSI is $81.00 from michael matson from Needham

The MMSI analyst ratings consensus are 5 buy ratings, 2 hold ratings, and 0 sell ratings.