
MERIT MEDICAL SYSTEMS INC
MMSINASDAQTrading Snapshot
- Day Range
- $89.27 β $91.43
- 52-Week Range
- $59.74 β $94.75
- Volume
- $2.00B
- Avg Volume
- $1.50B
- Shares Outstanding
- 59.7M
- Next Earnings
- Aug 30, 2026
Fundamentals Snapshot
- Annual Revenue
- $1.51B
- Last Q Revenue
- $419M
- P/E Ratio
- 37.0
- P/S Ratio
- 3.4x
- EPS (TTM)
- $2.44
- Dividend Yield
- 0.00%
Why Investors Own MMSI
- βHigh-growth profile β revenue up +38.4% YoY with expanding US Equity exposure.
- βHealthy economics β 42% gross margin and 30% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About MERIT MEDICAL SYSTEMS INC
Merit Medical Systems, Inc. (MMSI) is engaged in the design, development, manufacturing, and worldwide commercialization of disposable medical products. These devices are crucial for a broad spectrum of diagnostic, therapeutic, and interventional procedures, primarily within the fields of cardiology, radiology, oncology, critical care, and endoscopy. The company operates through two main divisions: Cardiovascular and Endoscopy. Its extensive product portfolio includes advanced solutions for diagnosing and treating conditions in peripheral vessels and organs, as well as a comprehensive suite of cardiac intervention products. The latter encompasses tools for vascular access, angiography, electrophysiology, cardiac rhythm management, fluid and hemodynamic monitoring, hemostasis, and various interventional therapies for heart-related ailments. Additionally, MMSI provides customized procedural solutions, offering critical care items, disinfection protection systems, specialized syringes, manifold kits, and tailored trays and packs. Their offerings further extend to coated tubes and wires, alongside sophisticated sensor components for microelectromechanical systems (MEMS). The company also features pulmonary products, such as laser-cut tracheobronchial stents with their accompanying over-the-wire and direct visualization delivery systems, and dilation balloons used for endoscopic stricture dilation. Gastroenterology products, as well as essential kits and accessories for endoscopy and bronchoscopy procedures, complete their diverse catalog. Merit Medical Systems sells its products to a wide client base, including hospitals and healthcare professionals (physicians, technicians, and nurses) working in alternative care settings. Distribution channels include a direct sales force, authorized distributors, original equipment manufacturer (OEM) partnerships, and custom procedure tray manufacturers, reaching customers throughout the United States and internationally. Founded in 1987, Merit Medical Systems, Inc. has its corporate headquarters situated in South Jordan, Utah.
Otter Score Breakdown
βAnalyst Price Target
βLatest News & Updates
MERIT MEDICAL SYSTEMS INC tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift MMSI price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
MERIT MEDICAL SYSTEMS INC announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.