Merit Medical Systems Stock Today

MMSI Stock  USD 101.68  0.40  0.39%   

Performance

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Odds Of Distress

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Merit Medical is trading at 101.68 as of the 21st of March 2025. This is a 0.39 percent increase since the beginning of the trading day. The stock's open price was 101.28. Merit Medical has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 21st of December 2024 and ending today, the 21st of March 2025. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
9th of August 1990
Category
Healthcare
Classification
Health Care
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. Merit Medical Systems, Inc. The company has 58.83 M outstanding shares of which 3.01 M shares are now shorted by private and institutional investors with about 5.31 trading days to cover. More on Merit Medical Systems

Moving against Merit Stock

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Follow Valuation Options Odds of Bankruptcy
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Merit Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chairman, CEO and PresFred Lampropoulos
Thematic Ideas
Showing 3 out of 6 themes
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, SP Small-Cap 600, NASDAQ Composite Total, Drugs, Health Management, Office Supplies, Obamacare Repeal, Trump Equities, Medical Equipment, Health Care, Health Care Equipment & Supplies, Medical Instruments & Supplies, Healthcare (View all Sectors)
Average Analyst Recommendation
Debt Levels
Merit Medical can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Merit Medical's financial leverage. It provides some insight into what part of Merit Medical's total assets is financed by creditors.
Liquidity
Merit Medical Systems currently holds 810.12 M in liabilities with Debt to Equity (D/E) ratio of 0.26, which may suggest the company is not taking enough advantage from borrowing. Merit Medical Systems has a current ratio of 2.3, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Merit Medical's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

231.84 Million
Merit Medical Systems (MMSI) is traded on NASDAQ Exchange in USA. It is located in 1600 West Merit Parkway, South Jordan, UT, United States, 84095 and employs 7,400 people. Merit Medical is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.96 B. Merit Medical Systems conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 58.83 M outstanding shares of which 3.01 M shares are now shorted by private and institutional investors with about 5.31 trading days to cover. Merit Medical Systems currently holds about 51.48 M in cash with 220.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.91.
Check Merit Medical Probability Of Bankruptcy
Ownership Allocation
The majority of Merit Medical outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Merit Medical Systems to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Merit Medical Systems. Please pay attention to any change in the institutional holdings of Merit Medical as this could imply that something significant has changed or is about to change at the company.
Check Merit Ownership Details

Merit Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-12-31
1.1 M
Loomis, Sayles & Company Lp2024-12-31
1.1 M
Royal Bank Of Canada2024-12-31
938.2 K
T. Rowe Price Associates, Inc.2024-12-31
772.9 K
Northern Trust Corp2024-12-31
750.9 K
Charles Schwab Investment Management Inc2024-12-31
748.6 K
Nuveen Asset Management, Llc2024-12-31
742.7 K
Citadel Advisors Llc2024-12-31
698.6 K
Norges Bank2024-12-31
689 K
Blackrock Inc2024-12-31
9.3 M
Vanguard Group Inc2024-12-31
6.6 M
View Merit Medical Diagnostics

Merit Medical Historical Income Statement

As of now, Merit Medical's Gross Profit is increasing as compared to previous years. The Merit Medical's current Other Operating Expenses is estimated to increase to about 1.3 B, while Total Other Income Expense Net is forecasted to increase to (5.4 M). View More Fundamentals

Merit Stock Against Markets

Merit Medical Corporate Management

Alisha JerauldSocial EnvironmentProfile
CPA ParraCFO TreasurerProfile
Sarah ComstockVice CommunicationsProfile
JoAnne AlkireExecutive StrategyProfile
Mark ButlerExecutive EMEAProfile
When determining whether Merit Medical Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Merit Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Merit Medical Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Merit Medical Systems Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merit Medical Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Merit Medical. If investors know Merit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Merit Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Earnings Share
2.03
Revenue Per Share
23.301
Quarterly Revenue Growth
0.094
Return On Assets
0.042
The market value of Merit Medical Systems is measured differently than its book value, which is the value of Merit that is recorded on the company's balance sheet. Investors also form their own opinion of Merit Medical's value that differs from its market value or its book value, called intrinsic value, which is Merit Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Merit Medical's market value can be influenced by many factors that don't directly affect Merit Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Merit Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Merit Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merit Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.