At the time of writing, Merit Medical Systems, Inc [MMSI] stock is trading at $103.94, up 0.65%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MMSI shares have gain 2.22% over the last week, with a monthly amount glided 5.52%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Merit Medical Systems, Inc [NASDAQ: MMSI] stock has seen the most recent analyst activity on March 28, 2025, when JP Morgan initiated its Overweight rating and assigned the stock a price target of $120. Previously, Wells Fargo upgraded its rating to Overweight on December 11, 2024, and elevated its price target to $120. On June 28, 2024, Robert W. Baird initiated with a Outperform rating and assigned a price target of $96 on the stock. CL King started tracking the stock assigning a Buy rating and suggested a price target of $88 on April 11, 2024. BofA Securities initiated its recommendation with a Neutral and recommended $87 as its price target on February 07, 2024. Canaccord Genuity upgraded its rating to Buy for this stock on December 21, 2023, but kept the price target unchanged to $100. In a note dated December 20, 2022, Canaccord Genuity downgraded an Hold rating on this stock and revised its target price from $73 to $72.
For the past year, the stock price of Merit Medical Systems, Inc fluctuated between $70.70 and $111.45. Currently, Wall Street analysts expect the stock to reach $107 within the next 12 months. Merit Medical Systems, Inc [NASDAQ: MMSI] shares were valued at $103.94 at the most recent close of the market. An investor can expect a potential return of 2.94% based on the average MMSI price forecast.
Analyzing the MMSI fundamentals
According to Merit Medical Systems, Inc [NASDAQ:MMSI], the company’s sales were 1.35B for trailing twelve months, which represents an 9.68% jump. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.09 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.59.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 102.48 points at the first support level, and at 101.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 104.85, and for the 2nd resistance point, it is at 105.75.
Ratios To Look Out For
It is important to note that Merit Medical Systems, Inc [NASDAQ:MMSI] has a current ratio of 4.27. As well, the Quick Ratio is 2.85, while the Cash Ratio is 1.74. Considering the valuation of this stock, the price to sales ratio is 4.52, the price to book ratio is 4.43 and price to earnings (TTM) ratio is 51.22.
Transactions by insiders
Recent insider trading involved Wright Joseph, Officer, that happened on Mar 25 ’25 when 10000.0 shares were purchased. President and CEO, LAMPROPOULOS FRED P completed a deal on Mar 05 ’25 to sell 31320.0 shares. Meanwhile, President and CEO LAMPROPOULOS FRED P sold 3000.0 shares on Mar 05 ’25.
