Merit Medical Systems, Inc [MMSI] stock prices are up 1.67% to $93.18 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The MMSI shares have gain 5.72% over the last week, with a monthly amount glided 12.12%, 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 an 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 a Hold rating on this stock and revised its target price from $73 to $72.
The stock price of Merit Medical Systems, Inc [MMSI] has been fluctuating between $78.12 and $111.45 over the past year. 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 $93.18 at the most recent close of the market. An investor can expect a potential return of 11.97% based on the average MMSI price forecast.
Analyzing the MMSI fundamentals
The Merit Medical Systems, Inc [NASDAQ:MMSI] reported sales of 1.48B for trailing twelve months, representing a surge of 13.31%. 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%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.08 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 0.54.
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 91.78 points at the first support level, and at 90.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 94.44, and for the 2nd resistance point, it is at 95.70.
Ratios To Look Out For
It’s worth pointing out that Merit Medical Systems, Inc [NASDAQ:MMSI]’s Current Ratio is 4.28. On the other hand, the Quick Ratio is 2.86, and the Cash Ratio is 1.7. Considering the valuation of this stock, the price to sales ratio is 3.75, the price to book ratio is 3.61 and price to earnings (TTM) ratio is 47.69.
Transactions by insiders
Recent insider trading involved Peterson Neil W., CHIEF OPERATING OFFICER, that happened on Jan 06 ’26 when 5000.0 shares were sold. Officer, NEIL W PETERSON completed a deal on Jan 06 ’26 to buy 5000.0 shares. Meanwhile, Executive Chairman Lampropoulos Fred P. sold 10000.0 shares on Nov 25 ’25.
