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Merit Medical Systems, Inc. (MMSI)

62.01 -6.17 (-9.05%)
At close: May 1 at 4:00:01 PM EDT
62.50 +0.49 (+0.79%)
After hours: May 1 at 6:22:58 PM EDT
Trade MMSI on Coinbase
Chart Range Bar
Loading chart for MMSI
  • Previous Close 68.18
  • Open 66.43
  • Bid 61.85 x 100
  • Ask 62.09 x 100
  • Day's Range 61.33 - 66.50
  • 52 Week Range 61.31 - 100.19
  • Volume 2,526,186
  • Avg. Volume 772,565
  • Market Cap (intraday) 3.699B
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) 26.73
  • EPS (TTM) 2.32
  • Earnings Date (est.) Jul 30, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 90.64

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.

www.merit.com

7,500

Full Time Employees

December 31

Fiscal Year Ends

Healthcare

Sector

Performance Overview: MMSI

Trailing total returns as of 5/1/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

MMSI
29.65%
S&P 500 (^GSPC)
5.62%

1-Year Return

MMSI
33.47%
S&P 500 (^GSPC)
29.01%

3-Year Return

MMSI
24.49%
S&P 500 (^GSPC)
73.47%

5-Year Return

MMSI
2.50%
S&P 500 (^GSPC)
72.92%

Earnings Trends: MMSI

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q1 FY26
Revenue 381.88M
Earnings 56.66M

Q2

FY25

Q3

FY25

Q4

FY25

Q1

FY26

0
100M
200M
300M

Analyst Insights: MMSI

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Analyst Price Targets

74.00
90.64 Average
62.01 Current
122.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 5/1/2026
Analyst Canaccord Genuity
Rating Action Maintains
Rating Buy
Price Action Lowers
Price Target 90 -> 85

Statistics: MMSI

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Valuation Measures

Annual
As of 5/1/2026
  • Market Cap

    3.70B

  • Enterprise Value

    4.03B

  • Trailing P/E

    26.74

  • Forward P/E

    15.50

  • PEG Ratio (5yr expected)

    1.29

  • Price/Sales (ttm)

    2.42

  • Price/Book (mrq)

    2.27

  • Enterprise Value/Revenue

    2.62

  • Enterprise Value/EBITDA

    11.57

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    9.03%

  • Return on Assets (ttm)

    4.72%

  • Return on Equity (ttm)

    9.12%

  • Revenue (ttm)

    1.54B

  • Net Income Avi to Common (ttm)

    139.34M

  • Diluted EPS (ttm)

    2.32

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    488.08M

  • Total Debt/Equity (mrq)

    50.50%

  • Levered Free Cash Flow (ttm)

    178.6M

Compare To: MMSI

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Company Insights: MMSI

Fair Value

62.01 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

Research Reports: MMSI

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  • Lowering target price to $73.00

    MERIT MEDICAL SYSTEMS INC has an Investment Rating of BUY; a target price of $73.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Medium.

    Rating
    Price Target
  • Lowering target price to $75.00

    MERIT MEDICAL SYSTEMS INC has an Investment Rating of BUY; a target price of $75.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Medium.

    Rating
    Price Target
  • Raising target price to $78.00

    MERIT MEDICAL SYSTEMS INC has an Investment Rating of BUY; a target price of $78.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Medium.

    Rating
    Price Target
  • Lowering target price to $74.00

    MERIT MEDICAL SYSTEMS INC has an Investment Rating of BUY; a target price of $74.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Medium.

    Rating
    Price Target

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