Merit Medical Systems, Inc. MMSI

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Price alert · MMSI

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84.31 USD -1.93 -2.24%

At close · Nov 2

84.31 0.00 0.00%

After hours · Nov 2, 4:00 PM ET

Bid
84.25 × 2
Ask
84.31 × 2
83.72 Day range 86.34
59.74 52-week range 94.85
YTD
-4.35%
1 year
-3.69%
Open
86.26
Prev close
86.24
Mkt cap
5.05B
Vol
1.20M
Avg vol
755.20K
EPS
2.67
P/E
31.58
Div yield
0.00%
More statistics
Low
83.72
High
86.34
Forward P/E
18.06
Beta
0.55
Short ratio
6.23
Inst. own
108.08%
Dividend
0.00
Ex-div date
Earnings
Feb 23, 2027
50-d avg
88.60
200-d avg
76.94
1y target
107.00

1M chart

Chart tools
Interval

Events in this range
  • Oct 27, 2026Rating: Freedom Capital Markets · — → Hold
  • Oct 29, 2026Earnings: 1.12; estimate 1.04; surprise 7.69%
  • Oct 30, 2026Rating: BTIG · Buy → Buy
  • Oct 30, 2026Rating: Needham · Buy → Buy
  • Oct 30, 2026Rating: Wells Fargo · Equal-Weight → Equal-Weight
  • Oct 30, 2026Rating: JP Morgan · Overweight → Overweight
  • Oct 30, 2026Rating: Canaccord Genuity · Buy → Buy
Signals (10)
NameDateAgo
SMA: BearishOct 30, 20263 days ago
SMA: BearishOct 30, 20263 days ago
MACD: Sell SignalOct 30, 20263 days ago
SMA: BullishOct 15, 20262 weeks ago
SMA: BearishOct 13, 20262 weeks ago
SMA: BullishOct 12, 20263 weeks ago
MACD: Buy SignalOct 12, 20263 weeks ago
SMA: BullishOct 9, 20263 weeks ago
SMA: BearishOct 6, 20263 weeks ago
SMA: BullishOct 5, 20264 weeks ago

Key statistics

Market cap
5.05B
Enterprise value
5.49B
Trailing P/E
31.58
Forward P/E
18.06
PEG ratio
1.56
Price / sales
3.14
Price / book
2.89
EPS (TTM)
2.67
Beta
0.55
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
9.94%
Revenue (TTM)
1.61B
Revenue growth
8.40%
Free cash flow
170.94M
Total cash
503.55M
Total debt
822.06M
Return on equity
9.78%
Shares outstanding
59.92M
Short % of float
8.55%
50-day average
88.60
200-day average
76.94

Analyst view

Consensus: buy

Buy
Price target (mean) 107.00 +26.9% upside
Target (low)
90.00
Target (mean)
107.00
Target (high)
123.00
Ratings (0m) 12 9 buy · 3 hold · 0 sell
  • Strong buy5
  • Buy4
  • Hold3
  • Sell0
  • Strong sell0

Next earnings

Feb 23, 2027

Expected Feb 23, 2027. Consensus EPS estimate 1.11.

Earnings history

Financials — quick view

All financials
MMSI Revenue — quarterly 416.24M
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026
MMSI Net income — quarterly 42.31M
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026
MMSI EPS — quarterly 0.71
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026

Earnings

MMSI recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Feb 23, 2027Dec 30, 20261.12———
Oct 29, 2026Sep 30, 20261.041.12+0.08+7.69%
Jul 30, 2026Jun 30, 20260.9591.19+0.23+24.09%
Apr 30, 2026Mar 31, 20260.840.94+0.10+11.90%
Feb 24, 2026Dec 31, 20250.961.04+0.08+8.33%
Oct 30, 2025Sep 30, 20250.820.92+0.10+12.20%

Upgrades / downgrades

MMSI analyst upgrades and downgrades
DateFirmActionFromTo
Oct 30, 2026Canaccord GenuitymainBuyBuy
Oct 30, 2026JP MorganmainOverweightOverweight
Oct 30, 2026Wells FargomainEqual-WeightEqual-Weight
Oct 30, 2026NeedhammainBuyBuy
Oct 30, 2026BTIGmainBuyBuy
Oct 27, 2026Freedom Capital Marketsinit—Hold

About 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, China, Japan, Germany, France, the United Kingdom, and internationally. It operates through two segments, Cardiovascular and Endoscopy. The company offers micropuncture kits, angiographic needles, sheaths, guide wires, and safety products; peripheral intervention products comprising angiography, drainage, delivery systems, and embolotherapy products; oncology products, such as soft tissue biopsy products and accessories; cardiac intervention products consisting of cardiac access, angiography, electrophysiology and cardiac rhythm management, fluid management, hemodynamic monitoring, hemostasis, and intervention products; and spine products, including vertebral augmentation, radiofrequency ablation, and bone biopsy systems. It also provides custom procedural solutions, including critical care products, syringes, manifold kits, and trays and packs; coating services for medical tubes and wires; and sensor components for microelectromechanical systems. In addition, the company offers gastroenterology products, such as esophageal stents, cryoballoon and inflation devices, gauges, and balloon dilators; pulmonary products consisting of laser-cut tracheobronchial stents, and over-the-wire and direct visualization delivery systems; kits and accessories for endoscopy and bronchoscopy procedures; and temporary pacing technology. It sells its products to hospitals, alternate site-based physicians, technicians, and nurses through direct sales force, independent distributors, original equipment manufacturer partners, and custom procedure tray manufacturers. The company exports its products to Canada, Western Europe, Australia, Brazil, Malaysia, South Korea, the United Arab Emirates, India, New Zealand, and South Africa. The company was incorporated in 1987 and is headquartered in South Jordan, Utah.

Sector
Healthcare
Industry
Medical Instruments & Supplies
Country
United States
Website
merit.com

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Insider holders

MMSI insider holders
InsiderRelationLatest transactionDateShares held
ARONSON MARTHA GOLDBERGChief Executive OfficerPurchaseMay 5, 202649,792
CARPENTER LONNY JDirectorStock Award(Grant)May 17, 202620,824
GUNDERSON THOMAS JAMESDirectorConversion of Exercise of derivative securityMay 19, 202660,741
LAMPROPOULOS FRED POfficer and DirectorSaleNov 24, 20251,126,460
LLOYD BRIAN GOfficerStock GiftJun 4, 202662,132
MILLNER F ANNDirectorStock Award(Grant)May 17, 202638,000

Institution ownership

MMSI institution ownership
Holder% heldSharesValueReported
Blackrock Inc.15.80%9,464,542797.96MJun 29, 2026
Vanguard Portfolio Management LLC5.80%3,473,833292.88MJun 29, 2026
Vanguard Capital Management LLC4.32%2,590,454218.40MJun 29, 2026
State Street Corporation4.13%2,474,512208.63MJun 29, 2026
Conestoga Capital Advisors, LLC3.30%1,979,790166.92MJun 29, 2026
Geode Capital Management, LLC2.71%1,625,950137.08MJun 29, 2026

Fund ownership

MMSI fund ownership
Holder% heldSharesValueReported
iShares Trust-iShares Core S&P Small-Cap ETF5.94%3,556,402299.84MSep 29, 2026
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund3.01%1,802,360151.96MJun 29, 2026
Capitol Series Trust-FullerThaler Behavioral Small-Cap Equity Fund2.58%1,543,773130.16MJun 29, 2026
iShares Trust-iShares Russell 2000 ETF2.57%1,542,648130.06MSep 29, 2026
VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund2.17%1,299,239109.54MJun 29, 2026
Conestoga Funds-Conestoga Small Cap Fund1.60%958,07580.78MJun 29, 2026