A share price of Merit Medical Systems, Inc [MMSI] is currently trading at $86.53, up 1.30%. 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 2.90% over the last week, with a monthly amount drifted -3.20%, 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.
Merit Medical Systems, Inc experienced fluctuations in its stock price throughout the past year between $78.12 and $111.45. Currently, Wall Street analysts expect the stock to reach $104.33 within the next 12 months. Merit Medical Systems, Inc [NASDAQ: MMSI] shares were valued at $86.53 at the most recent close of the market. An investor can expect a potential return of 20.57% based on the average MMSI price forecast.
Analyzing the MMSI fundamentals
Trailing Twelve Months sales for Merit Medical Systems, Inc [NASDAQ:MMSI] were 1.48B which represents 13.31% growth. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.55.
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 85.88 points at the first support level, and at 85.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 86.96, and for the 2nd resistance point, it is at 87.40.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Merit Medical Systems, Inc [NASDAQ:MMSI] is 4.28. As well, the Quick Ratio is 2.86. Considering the valuation of this stock, the price to sales ratio is 3.48, the price to book ratio is 3.35 and price to earnings (TTM) ratio is 44.29.
Transactions by insiders
Recent insider trading involved Lampropoulos Fred P., Executive Chairman, that happened on Nov 25 ’25 when 10000.0 shares were sold. Director, FRED LAMPROPOULOS completed a deal on Nov 25 ’25 to buy 10000.0 shares. Meanwhile, Executive Chairman Lampropoulos Fred P. sold 25000.0 shares on Nov 21 ’25.
