Based on the Merit Medical Systems Inc stock forecast from 8 analysts, the average analyst target price for Merit Medical Systems Inc is USD 106.39 over the next 12 months. Merit Medical Systems Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Merit Medical Systems Inc is Slightly Bullish , which is based on 9 positive signals and 6 negative signals. At the last closing, Merit Medical Systems Inc’s stock price was USD 98.08. Merit Medical Systems Inc’s stock price has changed by +0.98% over the past week, -6.52% over the past month and +29.75% over the last year.
No recent analyst target price found for Merit Medical Systems Inc
No recent average analyst rating found for Merit Medical Systems Inc
Company Overview Merit Medical Systems Inc
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 bone biopsy systems; oncology products; 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; coating services for medical 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 structures; gastroenterology products, such as covered esophageal stents, syringe and gauges, and balloon dilators; 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. The company was incorporated in 1987 and is headquartered in South Jordan, Utah. Read Less
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 provide...Read More
Frequently Asked Questions About Merit Medical Systems Inc (MMSI) Stock
Based on ratings from 8 analysts Merit Medical Systems Inc's stock is Strong Buy. Stock Target Advisor's fundamental analysis is Slightly Bullish . The stock has 16 buy, sell and 3 hold ratings.
Unfortunately we do not have enough data on MMSI's stock to indicate if its a good dividend stock.
Based on targets from 8 analysts, the average taret price for MMSI is USD 106.39 over the next 12 months. The maximum analyst target price is USD 127 while the minimum anlayst target price is USD 92.
MMSI stock's Price/Earning ratio is 51.47.
Our analysis grades MMSI stock's Price / Earning ratio at F. This means that MMSI stock's Price/Earning ratio is above 70% of the stocks in the Medical Instruments & Supplies sector in the NSD exchange.
Based on this MMSI may be a overvalued for its sector.
The last closing price of MMSI's stock was USD 98.08.
The most recent market capitalization for MMSI is USD 6.15B.
Based on targets from 8 analysts, the average taret price for MMSI is projected at USD 106.39 over the next 12 months.
This means that MMSI's stock price may go up by +8.47% over the next 12 months.
We can't find any ETFs which contains Merit Medical Systems Inc's stock.
As per our most recent records Merit Medical Systems Inc has 6,950 Employees.
Merit Medical Systems Inc's registered address is 1600 West Merit Parkway, South Jordan, UT, United States, 84095.
You can get more information about it from Merit Medical Systems Inc's website at https://www.merit.com.
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Stock Target Advisor's Analysis
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
What to like
Low volatility
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.
Superior risk adjusted returns
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Positive free cash flow
The company had positive total free cash flow in the most recent four quarters.
Superior return on assets
The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.
Superior capital utilization
The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
Superior Earnings Growth
This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.
Superior return on equity
The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.
What not to like
Overpriced compared to book value
The stock is trading high compared to its peers median on a price to book value basis.
Overpriced compared to earnings
The stock is trading high compared to its peers on a price to earning basis and is above the sector median.
Overpriced on cashflow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Low Revenue Growth
This stock has shown below median revenue growth in the previous 5 years compared to its sector
Highly leveraged
The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.
Overpriced on free cash flow basis
The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Frequently Asked Questions About Merit Medical Systems Inc (MMSI) Stock
Based on ratings from 8 analysts Merit Medical Systems Inc's stock is Strong Buy. Stock Target Advisor's fundamental analysis is Slightly Bullish . The stock has 16 buy, sell and 3 hold ratings.
Unfortunately we do not have enough data on MMSI's stock to indicate if its a good dividend stock.
Based on targets from 8 analysts, the average taret price for MMSI is USD 106.39 over the next 12 months. The maximum analyst target price is USD 127 while the minimum anlayst target price is USD 92.
MMSI stock's Price/Earning ratio is 51.47.
Our analysis grades MMSI stock's Price / Earning ratio at F. This means that MMSI stock's Price/Earning ratio is above 70% of the stocks in the Medical Instruments & Supplies sector in the NSD exchange.
Based on this MMSI may be a overvalued for its sector.
The last closing price of MMSI's stock was USD 98.08.
The most recent market capitalization for MMSI is USD 6.15B.
Based on targets from 8 analysts, the average taret price for MMSI is projected at USD 106.39 over the next 12 months.
This means that MMSI's stock price may go up by +8.47% over the next 12 months.
We can't find any ETFs which contains Merit Medical Systems Inc's stock.
As per our most recent records Merit Medical Systems Inc has 6,950 Employees.
Merit Medical Systems Inc's registered address is 1600 West Merit Parkway, South Jordan, UT, United States, 84095.
You can get more information about it from Merit Medical Systems Inc's website at https://www.merit.com.
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