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Merit Medical Systems, Inc. MMSI

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Price alert · MMSI

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84.39 USD -1.85 -2.14%

As of Nov 2, 11:41 AM ET

Bid
84.67 × 2
Ask
84.74 × 1
83.72 Day range 86.34
59.74 52-week range 94.85
YTD
-4.25%
1 year
-3.59%
Open
86.26
Prev close
86.24
Mkt cap
5.07B
Vol
319.29K
Avg vol
755.20K
EPS
2.67
P/E
31.67
Div yield
0.00%
More statistics
Low
83.72
High
86.34
Forward P/E
18.55
Beta
0.51
Short ratio
6.23
Inst. own
108.01%
Dividend
0.00
Ex-div date
Earnings
Feb 23, 2027
50-d avg
88.68
200-d avg
76.92
1y target
100.67

2Y chart

Chart tools
Interval

Events in this range
  • Oct 30, 2025Earnings: 0.92; estimate 0.82; surprise 12.2%
  • Feb 24, 2026Earnings: 1.04; estimate 0.96; surprise 8.33%
  • Apr 30, 2026Earnings: 0.94; estimate 0.84; surprise 11.9%
  • Jul 30, 2026Earnings: 1.19; estimate 0.959; surprise 24.09%
  • Aug 13, 2026Rating: B of A Securities · Neutral → Neutral
  • Sep 29, 2026Rating: Needham · Buy → Buy
  • 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
Signals (77)
NameDateAgo
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: BearishSep 30, 20261 month ago
RSI: OverboughtAug 25, 20262 months ago
RSI: OverboughtAug 21, 20262 months ago
MACD: Sell SignalAug 18, 20262 months ago
RSI: OverboughtJul 29, 20263 months ago
SMA: BullishJul 27, 20263 months ago
MACD: Buy SignalJul 27, 20263 months ago
MACD: Sell SignalJul 22, 20263 months ago
SMA: BullishJun 18, 20264 months ago
SMA: BearishJun 17, 20264 months ago
SMA: BullishJun 8, 20264 months ago
MACD: Buy SignalMay 18, 20265 months ago
MACD: Sell SignalApr 28, 20266 months ago
MACD: Buy SignalMar 25, 20267 months ago
RSI: OversoldMar 20, 20267 months ago
RSI: OversoldMar 18, 20267 months ago
RSI: OversoldMar 16, 20267 months ago
RSI: OversoldMar 6, 20268 months ago
MACD: Sell SignalFeb 26, 20268 months ago
MACD: Buy SignalFeb 6, 20268 months ago
MACD: Sell SignalJan 12, 20269 months ago
SMA: BearishJan 9, 20269 months ago
SMA: BearishJan 9, 20269 months ago
SMA: BullishJan 6, 202610 months ago
RSI: OverboughtJan 6, 202610 months ago
MACD: Buy SignalDec 12, 202510 months ago
SMA: BullishDec 10, 202510 months ago
SMA: BearishDec 4, 202511 months ago
MACD: Sell SignalNov 28, 202511 months ago
MACD: Buy SignalNov 26, 202511 months ago
SMA: BullishNov 20, 202511 months ago
SMA: BearishNov 19, 202511 months ago
MACD: Sell SignalNov 17, 202511 months ago
SMA: BullishOct 31, 20251 year ago
MACD: Buy SignalOct 17, 20251 year ago
MACD: Sell SignalOct 10, 20251 year ago
MACD: Buy SignalOct 3, 20251 year ago
SMA: BearishSep 12, 20251 year ago
MACD: Sell SignalSep 12, 20251 year ago
SMA: BullishAug 26, 20251 year ago
SMA: BearishAug 25, 20251 year ago
SMA: BullishAug 22, 20251 year ago
MACD: Buy SignalAug 4, 20251 year ago
MACD: Sell SignalJul 16, 20251 year ago
RSI: OversoldJul 16, 20251 year ago
SMA: BearishJul 11, 20251 year ago
SMA: BullishJul 8, 20251 year ago
MACD: Buy SignalJul 8, 20251 year ago
MACD: Sell SignalJul 7, 20251 year ago
MACD: Buy SignalJun 30, 20251 year ago
MACD: Sell SignalMay 28, 20251 year ago
SMA: BearishMay 21, 20251 year ago
SMA: BullishMay 15, 20251 year ago
SMA: BearishMay 14, 20251 year ago
SMA: BullishMay 12, 20251 year ago
MACD: Buy SignalApr 24, 20251 year ago
RSI: OversoldApr 8, 20251 year ago
MACD: Sell SignalApr 4, 20251 year ago
SMA: BearishApr 3, 20251 year ago
SMA: BullishMar 31, 20251 year ago
SMA: BearishMar 26, 20251 year ago
SMA: BullishMar 24, 20251 year ago
MACD: Buy SignalMar 19, 20251 year ago
SMA: BearishMar 6, 20251 year ago
SMA: BullishMar 5, 20251 year ago
SMA: BearishMar 4, 20251 year ago
SMA: BullishMar 3, 20251 year ago
SMA: BearishFeb 25, 20251 year ago
MACD: Sell SignalFeb 12, 20251 year ago
RSI: OverboughtJan 28, 20251 year ago
MACD: Buy SignalJan 14, 20251 year ago

Key statistics

Market cap
5.15B
Enterprise value
5.95B
Trailing P/E
35.49
Forward P/E
18.55
PEG ratio
1.69
Price / sales
3.26
Price / book
3.24
EPS (TTM)
2.43
Beta
0.51
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
9.22%
Revenue (TTM)
1.58B
Revenue growth
9.50%
Free cash flow
173.90M
Total cash
448.70M
Total debt
820.12M
Return on equity
9.19%
Shares outstanding
59.71M
Short % of float
8.59%
50-day average
88.68
200-day average
76.92

Analyst view

Consensus: buy

Buy
Price target (mean) 100.67 +19.3% upside
Target (low)
83.00
Target (mean)
100.67
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 1.13.

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, 2026Wells FargomainEqual-WeightEqual-Weight
Oct 30, 2026NeedhammainBuyBuy
Oct 30, 2026BTIGmainBuyBuy
Oct 27, 2026Freedom Capital Marketsinit—Hold
Sep 29, 2026NeedhamreitBuyBuy
Aug 13, 2026B of A SecuritiesmainNeutralNeutral

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; and kits and accessories for endoscopy and bronchoscopy procedures. 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. Merit Medical Systems, Inc. was incorporated in 1987 and is headquartered in South Jordan, Utah.

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

News

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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.15.85%9,464,542816.32MJun 29, 2026
Vanguard Portfolio Management LLC5.82%3,473,833299.62MJun 29, 2026
Vanguard Capital Management LLC4.34%2,590,454223.43MJun 29, 2026
State Street Corporation4.14%2,474,512213.43MJun 29, 2026
Conestoga Capital Advisors, LLC3.32%1,979,790170.76MJun 29, 2026
Geode Capital Management, LLC2.72%1,625,950140.24MJun 29, 2026

Fund ownership

MMSI fund ownership
Holder% heldSharesValueReported
iShares Trust-iShares Core S&P Small-Cap ETF5.96%3,556,402306.74MSep 29, 2026
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund3.02%1,802,360155.45MJun 29, 2026
Capitol Series Trust-FullerThaler Behavioral Small-Cap Equity Fund2.59%1,543,773133.15MJun 29, 2026
iShares Trust-iShares Russell 2000 ETF2.58%1,542,648133.05MSep 29, 2026
VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund2.18%1,299,239112.06MJun 29, 2026
Conestoga Funds-Conestoga Small Cap Fund1.60%958,07582.63MJun 29, 2026
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