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Merit Medical Systems, Inc. (MMSI)

Healthcare | Medical Instruments & Supplies | South Jordan, United States | NasdaqGS
73.26 USD -0.18 (-0.245%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 73.26

Short-term:★★★⯪☆Long-term:★★★⯪☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 5:18 a.m. EDT

Merit Medical presents a compelling asymmetric setup for the near term, trading significantly below its $89.54 analyst mean target despite showing robust operational momentum. The company is executing well, with revenue growing at 7.5% and earnings accelerating at 38.8%, while maintaining healthy gross margins near 49%. Crucially, the multi-year price trajectory tells a story of recovery rather than decline; the stock has gained over 350% over the last nine years, with the most recent annual return being positive, indicating the market has already begun pricing in the turnaround. While the statistical forecasting model suggests a slight downside bias (-1.85%) likely due to the upcoming earnings uncertainty, this appears to be a short-term noise signal that contradicts the strong fundamental and technical thesis. The options market agrees with the bullish case, with aggressive call buying targeting the $80 level. The lack of a dividend is irrelevant here given the capital appreciation potential. The primary risk is the upcoming earnings report, but the gap between current prices and fair value estimates offers a substantial margin of safety.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_57_90 ✓0.042279
MSTL_900.042337
MSTL0.044614
AutoETS0.045931
AutoARIMA0.045932
MSTL_570.047084
AutoTheta0.049844

Forecast horizon: 60 days | Selected: MSTL_57_90

Forecast Reliability
Score 49%
H-stat 3.79
Ljung-Box p 0.000
Jarque-Bera p 0.164
Excess Kurtosis -0.90
Attribute Value
Sector Healthcare
Debt to Equity Ratio 50.504
Revenue per Share 26.006
Market Cap 4,370,314,752
Trailing P/E 31.58
Forward P/E 16.66
Beta 0.51
Profit Margins 9.03%
Website https://www.merit.com

As of July 11, 2026, 5:18 a.m. EDT: Speculators are positioning for a near-term upside move, evidenced by heavy call volume at the $80 strike for the July expiration and significant open interest concentration there. Conversely, put buyers are establishing a defensive floor around the $55-$60 range, creating a defined risk zone while allowing for unlimited upside. Implied volatility is elevated for the immediate term, suggesting traders anticipate a spike in price action before the July 30 earnings report.


Info Dump

Attribute Value
52 Week Change -0.21412522
Address1 1,600 West Merit Parkway
All Time High 111.45
All Time Low 0.816
Ask 94.66
Ask Size 2
Audit Risk 2
Average Analyst Rating 1.8 - Buy
Average Daily Volume10 Day 902,210
Average Daily Volume3 Month 809,859
Average Volume 809,859
Average Volume10Days 902,210
Beta 0.514
Bid 53.06
Bid Size 2
Board Risk 2
Book Value 27.269
City South Jordan
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 1
Country United States
Crypto Tradeable 0
Currency USD
Current Price 73.26
Current Ratio 5.08
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 74.8151
Day Low 73.15
Debt To Equity 50.504
Display Name Merit Medical Systems
Earnings Call Timestamp End 1,785,441,600
Earnings Call Timestamp Start 1,785,441,600
Earnings Growth 0.388
Earnings Quarterly Growth 0.36
Earnings Timestamp 1,785,441,600
Earnings Timestamp End 1,785,441,600
Earnings Timestamp Start 1,785,441,600
Ebitda 320,198,016
Ebitda Margins 0.20759001
Enterprise To Ebitda 14.69
Enterprise To Revenue 3.05
Enterprise Value 4,703,797,760
Eps Current Year 4.07117
Eps Forward 4.39811
Eps Trailing Twelve Months 2.32
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 801 253 1652
Fifty Day Average 65.629
Fifty Day Average Change 7.6310043
Fifty Day Average Change Percent 0.116274886
Fifty Two Week Change Percent -21.412521
Fifty Two Week High 94.75
Fifty Two Week High Change -21.489998
Fifty Two Week High Change Percent -0.22680737
Fifty Two Week Low 59.74
Fifty Two Week Low Change 13.52
Fifty Two Week Low Change Percent 0.22631402
Fifty Two Week Range 59.74 - 94.75
Financial Currency USD
First Trade Date Milliseconds 642,691,800,000
Float Shares 58,219,559
Forward Eps 4.39811
Forward P E 16.657156
Free Cashflow 178,187,376
Full Exchange Name NasdaqGS
Full Time Employees 7,500
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.48692
Gross Profits 751,046,976
Has Pre Post Market Data 1
Held Percent Insiders 0.02478
Held Percent Institutions 1.04721
Implied Shares Outstanding 59,654,855
Industry Medical Instruments & Supplies
Industry Disp Medical Instruments & Supplies
Industry Key medical-instruments-supplies
Ir Website http://investor.merit.com/phoenix.zhtml?c=65799&p=irol-irhome
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,304,640,000
Last Split Factor 5:4
Long Business Summary 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.
Long Name Merit Medical Systems, Inc.
Market us_market
Market Cap 4,370,314,752
Market State PREPRE
Max Age 86,400
Message Board Id finmb_319791
Most Recent Quarter 1,774,915,200
Net Income To Common 139,336,992
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 4,381,052,551
Number Of Analyst Opinions 11
Open 73.73
Operating Cashflow 297,480,000
Operating Margins 0.115159996
Overall Risk 2
Payout Ratio 0.0
Peg Ratio 1.55
Phone 801 253 1600
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 73.26
Post Market Time 1,783,981,117
Previous Close 73.44
Price Eps Current Year 17.994827
Price Hint 2
Price To Book 2.6865673
Price To Sales Trailing12 Months 2.8333921
Profit Margins 0.09034
Quick Ratio 3.297
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.81818
Region US
Regular Market Change -0.18
Regular Market Change Percent -0.245098
Regular Market Day High 74.8151
Regular Market Day Low 73.15
Regular Market Day Range 73.15 - 74.8151
Regular Market Open 73.73
Regular Market Previous Close 73.44
Regular Market Price 73.26
Regular Market Time 1,783,972,800
Regular Market Volume 727,857
Return On Assets 0.04719
Return On Equity 0.09121
Revenue Growth 0.075
Revenue Per Share 26.006
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 4
Shares Outstanding 59,654,855
Shares Percent Shares Out 0.056900002
Shares Short 3,391,452
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 2,945,622
Short Name Merit Medical Systems, Inc.
Short Percent Of Float 0.0769
Short Ratio 3.89
Source Interval 15
State UT
Symbol MMSI
Target High Price 110.0
Target Low Price 74.0
Target Mean Price 89.54545
Target Median Price 85.0
Total Cash 488,080,000
Total Cash Per Share 8.182
Total Debt 821,563,008
Total Revenue 1,542,432,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 2.32
Trailing P E 31.577587
Trailing Peg Ratio 1.5533
Triggerable 1
Two Hundred Day Average 76.4673
Two Hundred Day Average Change -3.2072983
Two Hundred Day Average Change Percent -0.041943397
Type Disp Equity
Volume 727,857
Website https://www.merit.com
Zip 84,095