Merit Medical Systems Inc
General ticker "MMSI" information:
- Sector: Health Care
- Industry: Health Care Equipment & Supplies
- Capitalization: $6.0B
Merit Medical Systems Inc follows the US Stock Market performance with the rate: 60.5%.
Estimated limits based on current volatility of 1.4%: low 95.52$, high 98.23$
Factors to consider:
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [66.61$, 99.12$]
- 2024-12-30 to 2025-12-30 estimated range: [78.21$, 113.54$]
Financial Metrics affecting the MMSI estimates:
- Positive: Non-GAAP EPS, $ of 3.01 > 2.29
- Negative: 0 < Industry inventory ratio change (median), % of 0.19
- Positive: 9.05 < Operating profit margin, % of 9.86
- Negative: Industry operating cash flow per share per price (median), % of -5.15 <= 3.85
- Positive: 2.35 < Operating cash flow per share per price, % of 3.53
Short-term MMSI quotes
Long-term MMSI plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $1,074.75MM | $1,150.98MM | $1,257.37MM |
| Operating Expenses | $1,013.84MM | $1,063.42MM | $1,133.42MM |
| Operating Income | $60.92MM | $87.56MM | $123.94MM |
| Non-Operating Income | $-7.00MM | $-4.93MM | $-11.86MM |
| Interest Expense | $5.26MM | $6.34MM | $15.51MM |
| R&D Expense | $71.25MM | $75.51MM | $82.73MM |
| Income(Loss) | $53.92MM | $82.63MM | $112.09MM |
| Taxes | $5.46MM | $8.11MM | $17.68MM |
| Profit(Loss) | $48.45MM | $74.52MM | $94.41MM |
| Stockholders Equity | $1,039.80MM | $1,144.40MM | $1,202.00MM |
| Inventory | $221.92MM | $265.99MM | $303.87MM |
| Assets | $1,648.29MM | $1,663.97MM | $2,325.24MM |
| Operating Cash Flow | $147.23MM | $114.29MM | $145.15MM |
| Capital expenditure | $27.94MM | $45.03MM | $36.70MM |
| Investing Cash Flow | $-37.16MM | $-57.40MM | $-175.35MM |
| Financing Cash Flow | $-98.44MM | $-60.26MM | $559.27MM |
| Earnings Per Share* | $0.86 | $1.31 | $1.64 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.