Merit Medical Systems, Inc is a medical instruments & supplies business based in the US. Merit Medical Systems shares (MMSI) are listed on the NASDAQ and all prices are listed in US Dollars. Merit Medical Systems employs 6,300 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Merit Medical Systems
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- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – MMSI – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- MMSI shares summary
- Compare share dealing platforms
- Is MMSI stock a buy or sell?
- Stock performance over time
- Can I short MMSI shares?
- Are MMSI shares over-valued?
- Merit Medical Systems's financials
- How volatile are MMSI shares?
- Does Merit Medical Systems pay a dividend?
- Have MMSI shares ever split?
- Other common questions
Merit Medical Systems stock price (NASDAQ: MMSI)Use our graph to track the performance of MMSI stocks over time.
Merit Medical Systems shares at a glance
|Latest market close||$60.34|
|52-week range||$39.45 - $65.46|
|50-day moving average||$62.15|
|200-day moving average||$59.89|
|Wall St. target price||$69.78|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.08|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Merit Medical Systems stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Merit Medical Systems price performance over time
|1 week (2021-07-15)||N/A|
|1 month (2021-06-25)||-6.38%|
|3 months (2021-04-26)||-5.05%|
|6 months (2021-01-22)||N/A|
|1 year (2020-07-22)||N/A|
|2 years (2019-07-22)||N/A|
|3 years (2018-07-22)||N/A|
|5 years (2016-07-22)||N/A|
Is Merit Medical Systems under- or over-valued?
Valuing Merit Medical Systems stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Merit Medical Systems's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Merit Medical Systems's P/E ratio
Merit Medical Systems's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 853x. In other words, Merit Medical Systems shares trade at around 853x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Merit Medical Systems's PEG ratio
Merit Medical Systems's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.127. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Merit Medical Systems's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Merit Medical Systems's EBITDA
Merit Medical Systems's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $143.9 million.
The EBITDA is a measure of a Merit Medical Systems's overall financial performance and is widely used to measure a its profitability.
Merit Medical Systems financials
|Revenue TTM||$969.3 million|
|Operating margin TTM||5.34%|
|Gross profit TTM||$401.2 million|
|Return on assets TTM||1.9%|
|Return on equity TTM||0.45%|
|Market capitalisation||$3.6 billion|
TTM: trailing 12 months
Shorting Merit Medical Systems shares
There are currently 1.8 million Merit Medical Systems shares held short by investors – that's known as Merit Medical Systems's "short interest". This figure is 12.1% down from 2.0 million last month.
There are a few different ways that this level of interest in shorting Merit Medical Systems shares can be evaluated.
Merit Medical Systems's "short interest ratio" (SIR)
Merit Medical Systems's "short interest ratio" (SIR) is the quantity of Merit Medical Systems shares currently shorted divided by the average quantity of Merit Medical Systems shares traded daily (recently around 287722.65372168). Merit Medical Systems's SIR currently stands at 6.18. In other words for every 100,000 Merit Medical Systems shares traded daily on the market, roughly 6180 shares are currently held short.
However Merit Medical Systems's short interest can also be evaluated against the total number of Merit Medical Systems shares, or, against the total number of tradable Merit Medical Systems shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Merit Medical Systems's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Merit Medical Systems shares in existence, roughly 30 shares are currently held short) or 0.0385% of the tradable shares (for every 100,000 tradable Merit Medical Systems shares, roughly 39 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Merit Medical Systems.
Find out more about how you can short Merit Medical Systems stock.
Merit Medical Systems share dividends
We're not expecting Merit Medical Systems to pay a dividend over the next 12 months.
Have Merit Medical Systems's shares ever split?
Merit Medical Systems's shares were split on a 5:4 basis on 5 May 2011. So if you had owned 4 shares the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your Merit Medical Systems shares – just the quantity. However, indirectly, the new 20% lower share price could have impacted the market appetite for Merit Medical Systems shares which in turn could have impacted Merit Medical Systems's share price.
Merit Medical Systems share price volatility
Over the last 12 months, Merit Medical Systems's shares have ranged in value from as little as $39.445 up to $65.46. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Merit Medical Systems's is 1.2699. This would suggest that Merit Medical Systems's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Merit Medical Systems overview
Merit Medical Systems, Inc. manufactures and markets disposable medical devices for interventional, diagnostic, and therapeutic procedures in cardiology, radiology, oncology, critical care, and endoscopy. The company operates in two segments, Cardiovascular and Endoscopy. It provides peripheral intervention products for the diagnosis and treatment of diseases in peripheral vessels and organs; and cardiac intervention products, such as access, angiography, hemostasis, intervention, fluid management, electrophysiology and cardiac rhythm management, and hemodynamic monitoring to treat various heart conditions. The company also offers custom procedural solutions that include critical care products, disinfection protection systems, syringes, swab and collection systems, manifold kits, and trays and packs; coated tubes and wires; and sensor components for microelectromechanical systems. In addition, it provides pulmonary products that consist of laser-cut tracheobronchial stents, advanced over-the-wire and direct visualization delivery systems, and dilation balloons; gastroenterology products; and kits and accessories for endoscopy and bronchoscopy procedures. The company 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.
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Merit Medical Systems in the news
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Here's Why You Should Retain Merit Medical (MMSI) Stock Now
Frequently asked questionsWhat percentage of Merit Medical Systems is owned by insiders or institutions?
Currently 2.095% of Merit Medical Systems shares are held by insiders and 99.096% by institutions. How many people work for Merit Medical Systems?
Latest data suggests 6,300 work at Merit Medical Systems. When does the fiscal year end for Merit Medical Systems?
Merit Medical Systems's fiscal year ends in December. Where is Merit Medical Systems based?
Merit Medical Systems's address is: 1600 West Merit Parkway, South Jordan, UT, United States, 84095 What is Merit Medical Systems's ISIN number?
Merit Medical Systems's international securities identification number is: US5898891040 What is Merit Medical Systems's CUSIP number?
Merit Medical Systems's Committee on Uniform Securities Identification Procedures number is: 589889104
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