At the time of writing, Merit Medical Systems, Inc [MMSI] stock is trading at $83.02, down -1.80%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MMSI shares have lost -11.20% over the last week, with a monthly amount drifted -10.64%, and not 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 $82.62 and $111.45. Currently, Wall Street analysts expect the stock to reach $107.75 within the next 12 months. Merit Medical Systems, Inc [NASDAQ: MMSI] shares were valued at $83.02 at the most recent close of the market. An investor can expect a potential return of 29.79% based on the average MMSI price forecast.
Analyzing the MMSI fundamentals
According to Merit Medical Systems, Inc [NASDAQ:MMSI], the company’s sales were 1.39B for trailing twelve months, which represents an 9.67% jump. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.12%, 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.58.
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 82.13 points at the first support level, and at 81.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 84.66, and for the 2nd resistance point, it is at 86.30.
Ratios To Look Out For
It is important to note that Merit Medical Systems, Inc [NASDAQ:MMSI] has a current ratio of 4.87. Also, the Quick Ratio is 3.26. Considering the valuation of this stock, the price to sales ratio is 3.54, the price to book ratio is 3.43 and price to earnings (TTM) ratio is 40.72.
Transactions by insiders
Recent insider trading involved Parra Raul Jr., CFO AND TREASURER, that happened on Jun 13 ’25 when 15181.0 shares were sold. Officer, RAUL PARRA completed a deal on Jun 13 ’25 to buy 15181.0 shares. Meanwhile, President and CEO Lampropoulos Fred P. sold 400.0 shares on Jun 10 ’25.
