Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $101.68 in the prior trading day, Merit Medical Systems, Inc (NASDAQ: MMSI) closed at $104.68, up 2.95%. In other words, the price has increased by $2.95 from its previous closing price. On the day, 0.52 million shares were traded. MMSI stock price reached its highest trading level at $104.92 during the session, while it also had its lowest trading level at $102.86.
Ratios:
Our goal is to gain a better understanding of MMSI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.17. For the most recent quarter (mrq), Quick Ratio is recorded 2.85 and its Current Ratio is at 4.27. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.57.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on December 11, 2024, Upgraded its rating to Overweight and sets its target price to $120 from $103 previously.
On June 28, 2024, Robert W. Baird started tracking the stock assigning a Outperform rating and target price of $96.
On April 11, 2024, CL King started tracking the stock assigning a Buy rating and target price of $88.CL King initiated its Buy rating on April 11, 2024, with a $88 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 05 ’25 when LAMPROPOULOS FRED P sold 31,320 shares for $103.86 per share. The transaction valued at 3,252,846 led to the insider holds 1,086,028 shares of the business.
LAMPROPOULOS FRED P sold 3,000 shares of MMSI for $311,223 on Mar 05 ’25. The President and CEO now owns 7,734 shares after completing the transaction at $103.75 per share. On Mar 05 ’25, another insider, Parra Raul Jr., who serves as the CFO AND TREASURER of the company, sold 5,361 shares for $103.58 each. As a result, the insider received 555,292 and left with 24,201 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MMSI now has a Market Capitalization of 6158806016 and an Enterprise Value of 6576752640. As of this moment, Merit’s Price-to-Earnings (P/E) ratio for their current fiscal year is 51.59, and their Forward P/E ratio for the next fiscal year is 25.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.55 while its Price-to-Book (P/B) ratio in mrq is 4.46. Its current Enterprise Value per Revenue stands at 4.848 whereas that against EBITDA is 25.107.
Stock Price History:
The Beta on a monthly basis for MMSI is 0.87, which has changed by 0.43574274 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, MMSI has reached a high of $111.45, while it has fallen to a 52-week low of $70.70. The 50-Day Moving Average of the stock is 0.92%, while the 200-Day Moving Average is calculated to be 8.43%.
Shares Statistics:
The stock has traded on average 582.29K shares per day over the past 3-months and 686250 shares per day over the last 10 days, according to various share statistics. A total of 58.74M shares are outstanding, with a floating share count of 57.31M. Insiders hold about 2.58% of the company’s shares, while institutions hold 104.79% stake in the company. Shares short for MMSI as of 1740700800 were 3006469 with a Short Ratio of 5.16, compared to 1738281600 on 2937256. Therefore, it implies a Short% of Shares Outstanding of 3006469 and a Short% of Float of 7.4399999999999995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
