MMSI RSI Chart
Last 7 days
5.9%
Last 30 days
9.9%
Last 90 days
1.1%
Trailing 12 Months
-6.3%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 1.3B | 0 | 0 | 0 |
2023 | 1.2B | 1.2B | 1.2B | 1.3B |
2022 | 1.1B | 1.1B | 1.1B | 1.2B |
2021 | 969.3M | 1.0B | 1.1B | 1.1B |
2020 | 1.0B | 962.9M | 963.8M | 963.9M |
2019 | 918.1M | 948.8M | 970.2M | 994.9M |
2018 | 759.8M | 798.1M | 840.4M | 882.8M |
2017 | 636.8M | 672.3M | 694.7M | 727.9M |
2016 | 550.6M | 563.6M | 584.5M | 603.8M |
2015 | 520.0M | 529.2M | 536.5M | 542.1M |
2014 | 464.3M | 483.3M | 496.9M | 509.7M |
2013 | 402.6M | 412.0M | 431.3M | 449.0M |
2012 | 368.4M | 377.7M | 383.1M | 394.3M |
2011 | 316.0M | 332.3M | 349.6M | 359.4M |
2010 | 0 | 270.6M | 283.7M | 296.8M |
2009 | 0 | 0 | 0 | 257.5M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 14, 2024 | lloyd brian g. | gifted | - | - | -1,180 | chief legal officer, secretary |
Mar 12, 2024 | parra raul jr. | sold | -479,182 | 73.9479 | -6,480 | cfo and treasurer |
Mar 07, 2024 | wright joseph | acquired | 705,000 | 28.2 | 25,000 | chief commercial officer |
Mar 07, 2024 | wright joseph | sold | -1,891,920 | 75.677 | -25,000 | chief commercial officer |
Mar 06, 2024 | peterson neil | acquired | 336,000 | 44.8 | 7,500 | chief operating officer |
Mar 06, 2024 | voigt michel james | gifted | - | - | -315 | chief human resources officer |
Mar 04, 2024 | voigt michel james | sold (taxes) | -201,221 | 76.51 | -2,630 | chief human resources officer |
Mar 04, 2024 | wright joseph | sold (taxes) | -201,221 | 76.51 | -2,630 | chief commercial officer |
Mar 04, 2024 | wright joseph | acquired | - | - | 14,429 | chief commercial officer |
Mar 04, 2024 | gunderson thomas james | sold | -1,380,510 | 76.032 | -18,157 | - |
Which funds bought or sold MMSI recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 03, 2024 | Smartleaf Asset Management LLC | new | - | 382 | 382 | -% |
May 03, 2024 | OREGON PUBLIC EMPLOYEES RETIREMENT FUND | reduced | -8.28 | -109,601 | 1,174,810 | 0.02% |
May 03, 2024 | VICTORY CAPITAL MANAGEMENT INC | reduced | -14.03 | -763,193 | 4,584,090 | -% |
May 03, 2024 | HUNTINGTON NATIONAL BANK | added | 16.6 | 14,599 | 104,308 | -% |
May 03, 2024 | SIGNATUREFD, LLC | reduced | -4.29 | -564 | 11,817 | -% |
May 02, 2024 | LGT Financial Advisors LLC | unchanged | - | -13.00 | 5,000 | 0.01% |
May 02, 2024 | JENNISON ASSOCIATES LLC | reduced | -37.12 | -389,972 | 655,693 | -% |
May 02, 2024 | Fidelis Capital Partners, LLC | new | - | 427,977 | 427,977 | 0.06% |
May 02, 2024 | FORA Capital, LLC | new | - | 577,064 | 577,064 | 0.05% |
May 02, 2024 | South Dakota Investment Council | reduced | -5.59 | -56,000 | 895,000 | 0.02% |
Unveiling Merit Medical Systems Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Merit Medical Systems Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ABT | 183.8B | 40.3B | 32.67 | 4.56 | ||||
BDX | 68.4B | 19.7B | 51.29 | 3.47 | ||||
ALGN | 21.6B | 3.9B | 46.8 | 5.52 | ||||
BAX | 18.6B | 14.9B | 7.02 | 1.25 | ||||
MID-CAP | ||||||||
ATR | 9.9B | 3.5B | 31.57 | 2.79 | ||||
HSIC | 8.8B | 12.3B | 21.17 | 0.71 | ||||
BIO | 8.2B | 2.7B | -12.92 | 3.08 | ||||
XRAY | 5.9B | 3.9B | -62.73 | 1.49 | ||||
AXNX | 3.4B | 387.1M | -216.43 | 8.91 | ||||
PDCO | 2.3B | 6.6B | 11.93 | 0.35 | ||||
SMALL-CAP | ||||||||
AHCO | 1.4B | 3.2B | -2.08 | 0.44 | ||||
ANIK | 413.1M | 166.7M | -5 | 2.48 | ||||
ANGO | 248.3M | 324.0M | -1.29 | 0.77 | ||||
APYX | 48.5M | 52.3M | -2.59 | 0.93 | ||||
AEMD | 3.4M | 3.7M | -0.28 | 0.92 |
Merit Medical Systems Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -0.3% | 324 | 325 | 315 | 320 | 298 | 293 | 287 | 295 | 275 | 278 | 267 | 280 | 249 | 258 | 244 | 218 | 244 | 258 | 243 | 256 | 238 |
Gross Profit | 0.8% | 152 | 151 | 142 | 153 | 138 | 135 | 129 | 135 | 121 | 129 | 120 | 124 | 112 | 111 | 102 | 84.00 | 104 | 112 | 104 | 112 | 105 |
Operating Expenses | -1.0% | 116 | 117 | 107 | 124 | 112 | 104 | 110 | 112 | 106 | 107 | 105 | 115 | 98.00 | 95.00 | 102 | 103 | 102 | 115 | 107 | 100 | 95.00 |
S&GA Expenses | -1.4% | 94.00 | 96.00 | 87.00 | 101 | 90.00 | 83.00 | 90.00 | 85.00 | 84.00 | 77.00 | 86.00 | 92.00 | 81.00 | 80.00 | 72.00 | 67.00 | 79.00 | 82.00 | 87.00 | 80.00 | 78.00 |
R&D Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 16.00 | 16.00 |
EBITDA Margin | 6.1% | 0.18* | 0.17* | 0.17* | 0.16* | 0.16* | 0.15* | 0.14* | 0.14* | 0.13* | 0.13* | 0.13* | 0.12* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 61.7% | 8.00 | 5.00 | 5.00 | 4.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
Income Taxes | 59.1% | 6.00 | 4.00 | 4.00 | 5.00 | 5.00 | -3.25 | 2.00 | 5.00 | 4.00 | -0.43 | 2.00 | 2.00 | 2.00 | -2.13 | 1.00 | -3.24 | 1.00 | -3.76 | -2.29 | 2.00 | 1.00 |
Earnings Before Taxes | 9.2% | 34.00 | 31.00 | 30.00 | 25.00 | 26.00 | 30.00 | 18.00 | 21.00 | 14.00 | 20.00 | 14.00 | 7.00 | 13.00 | 13.00 | -2.18 | -22.30 | -1.99 | -7.96 | -5.69 | 9.00 | 7.00 |
EBT Margin | 5.7% | 0.09* | 0.09* | 0.09* | 0.08* | 0.08* | 0.07* | 0.06* | 0.06* | 0.05* | 0.05* | 0.04* | 0.03* | - | - | - | - | - | - | - | - | - |
Net Income | 2.2% | 28.00 | 28.00 | 26.00 | 20.00 | 21.00 | 33.00 | 15.00 | 15.00 | 11.00 | 21.00 | 12.00 | 5.00 | 11.00 | 15.00 | -3.01 | -19.06 | -3.15 | -4.20 | -3.40 | 7.00 | 6.00 |
Net Income Margin | 5.8% | 0.08* | 0.08* | 0.08* | 0.07* | 0.07* | 0.06* | 0.05* | 0.05* | 0.04* | 0.05* | 0.04* | 0.03* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -55.5% | 25.00 | 55.00 | 42.00 | 12.00 | 2.00 | 16.00 | 20.00 | 32.00 | 2.00 | 37.00 | 18.00 | 35.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 0.0% | 2,326 | 2,325 | 1,809 | 1,838 | 1,684 | 1,664 | 1,633 | 1,632 | 1,630 | 1,648 | 1,643 | 1,642 | 1,652 | 1,664 | 1,671 | 1,716 | 1,749 | 1,757 | 1,762 | 1,736 | 1,690 |
Current Assets | -0.3% | 1,105 | 1,108 | 585 | 595 | 557 | 529 | 500 | 493 | 478 | 482 | 463 | 450 | 438 | 430 | 435 | 446 | 463 | 455 | 441 | 427 | 422 |
Cash Equivalents | -0.9% | 582 | 587 | 59.00 | 72.00 | 58.00 | 61.00 | 51.00 | 63.00 | 54.00 | 68.00 | 69.00 | 70.00 | 59.00 | 57.00 | 45.00 | 50.00 | 50.00 | 44.00 | 37.00 | 35.00 | 50.00 |
Inventory | -0.4% | 303 | 304 | 304 | 306 | 290 | 266 | 247 | 233 | 231 | 222 | 208 | 195 | 200 | 198 | 209 | 221 | 228 | 226 | 217 | 203 | 199 |
Net PPE | 0.0% | 384 | 384 | 383 | 384 | 387 | 383 | 376 | 371 | 372 | 372 | 373 | 374 | 378 | 383 | 384 | 384 | 385 | 379 | 367 | 351 | 341 |
Goodwill | -0.2% | 382 | 382 | 381 | 382 | 360 | 360 | 358 | 360 | 361 | 362 | 362 | 363 | 363 | 364 | 354 | 353 | 352 | 353 | 352 | 352 | - |
Liabilities | -3.3% | 1,086 | 1,123 | 579 | 634 | 512 | 520 | 544 | 558 | 573 | 608 | 630 | 650 | 675 | 706 | 737 | 787 | 809 | 807 | 812 | 786 | 750 |
Current Liabilities | -9.9% | 183 | 204 | 187 | 190 | 216 | 221 | 213 | 196 | 204 | 236 | 213 | 211 | 208 | 185 | 186 | 174 | 165 | 182 | 153 | 177 | 178 |
Long Term Debt | -2.8% | 800 | 823 | 282 | 335 | 186 | 187 | 205 | 236 | 243 | 234 | 271 | 285 | 313 | 344 | 350 | 403 | 438 | 432 | 432 | 385 | 362 |
LT Debt, Current | - | - | - | 4.00 | 4.00 | 11.00 | 11.00 | 11.00 | 10.00 | 9.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 15.00 | 22.00 |
LT Debt, Non Current | -2.8% | 800 | 823 | 282 | 335 | 186 | 187 | 205 | 236 | 243 | 234 | 271 | 285 | 313 | 344 | 350 | 403 | 438 | 432 | 432 | 385 | 362 |
Shareholder's Equity | 3.2% | 1,240 | 1,202 | 1,230 | 1,204 | 1,172 | 1,144 | 1,089 | 1,073 | 1,057 | 1,040 | 1,013 | 992 | 977 | 959 | 934 | 929 | 940 | 950 | 949 | 951 | 940 |
Retained Earnings | 4.9% | 603 | 575 | 548 | 522 | 501 | 481 | 447 | 432 | 417 | 406 | 386 | 374 | 369 | 358 | 342 | 345 | 364 | 368 | 373 | 377 | 370 |
Accumulated Depreciation | 2.4% | 337 | 329 | 327 | 320 | 311 | 303 | 300 | 294 | 288 | 281 | 277 | 273 | 266 | 261 | 255 | 248 | 239 | 232 | 230 | 222 | 215 |
Shares Outstanding | 0.4% | 58.00 | 58.00 | 58.00 | 58.00 | 57.00 | 57.00 | 57.00 | 57.00 | 57.00 | 56.00 | 56.00 | 56.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 4,700 | - | - | - | 3,000 | - | - | - | 3,600 | - | - | - | 2,500 | - | - | - | 3,200 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -41.8% | 36.00 | 62.00 | 51.00 | 17.00 | 15.00 | 28.00 | 35.00 | 39.00 | 12.00 | 46.00 | 25.00 | 41.00 | 35.00 | 37.00 | 55.00 | 44.00 | 29.00 | 27.00 | 15.00 | 22.00 | 14.00 |
Share Based Compensation | -12.6% | 5.00 | 6.00 | 6.00 | 6.00 | 4.00 | 4.00 | 5.00 | 4.00 | 5.00 | 5.00 | 5.00 | 3.00 | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 | 2.00 | 3.00 | 3.00 | 2.00 |
Cashflow From Investing | -164.3% | -22.05 | -8.34 | -9.25 | -142 | -14.86 | -17.33 | -16.77 | -13.43 | -9.87 | -14.61 | -7.29 | -8.91 | -6.35 | -21.87 | -9.36 | -12.65 | -14.76 | -20.57 | -39.11 | -53.75 | -21.05 |
Cashflow From Financing | -103.8% | -18.00 | 473 | -54.55 | 142 | -0.50 | -5.75 | -27.07 | -13.20 | -14.24 | -32.47 | -17.89 | -21.83 | -26.25 | -4.55 | -51.98 | -32.95 | -6.23 | -0.17 | 26.00 | 18.00 | -9.82 |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
CONSOLIDATED STATEMENTS OF INCOME | ||
Net sales | $ 323,508 | $ 297,565 |
Cost of sales | 171,793 | 159,203 |
Gross profit | 151,715 | 138,362 |
Operating expenses: | ||
Selling, general and administrative | 94,428 | 90,144 |
Research and development | 21,482 | 21,314 |
Contingent consideration (benefit) expense | (117) | 521 |
Total operating expenses | 115,793 | 111,979 |
Income from operations | 35,922 | 26,383 |
Other income (expense): | ||
Interest income | 7,276 | 131 |
Interest expense | (8,046) | (2,011) |
Other income (expense) - net | (804) | 997 |
Total other expense - net | (1,574) | (883) |
Income before income taxes | 34,348 | 25,500 |
Income tax expense | 6,108 | 4,797 |
Net income | $ 28,240 | $ 20,703 |
Earnings per common share | ||
Basic (in dollars per share) | $ 0.49 | $ 0.36 |
Diluted (in dollars per share) | $ 0.48 | $ 0.36 |
Weighted average shares outstanding | ||
Basic (in shares) | 57,958 | 57,352 |
Diluted (in shares) | 58,567 | 58,183 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 581,921 | $ 587,036 |
Trade receivables - net of allowance for credit losses - 2024 - $9,327 and 2023 - $9,023 | 180,663 | 177,885 |
Other receivables | 10,980 | 10,517 |
Inventories | 302,733 | 303,871 |
Prepaid expenses and other current assets | 24,437 | 24,286 |
Prepaid income taxes | 4,088 | 4,016 |
Income tax refund receivables | 453 | 859 |
Total current assets | 1,105,275 | 1,108,470 |
Property and equipment: | ||
Land and land improvements | 25,982 | 26,017 |
Buildings | 191,218 | 191,491 |
Manufacturing equipment | 327,628 | 316,930 |
Furniture and fixtures | 63,790 | 63,044 |
Leasehold improvements | 53,772 | 53,638 |
Construction-in-progress | 58,296 | 61,439 |
Total property and equipment | 720,686 | 712,559 |
Less accumulated depreciation | (337,025) | (329,036) |
Property and equipment - net | 383,661 | 383,523 |
Other assets: | ||
Goodwill | 381,539 | 382,240 |
Deferred income tax assets | 7,072 | 7,288 |
Right-of-use operating lease assets | 72,639 | 63,047 |
Other assets | 58,682 | 54,793 |
Total other assets | 837,416 | 833,251 |
Total assets | 2,326,352 | 2,325,244 |
Current liabilities: | ||
Trade payables | 48,377 | 65,944 |
Accrued expenses | 113,220 | 120,447 |
Short-term operating lease liabilities | 12,472 | 12,087 |
Income taxes payable | 9,275 | 5,086 |
Total current liabilities | 183,344 | 203,564 |
Long-term debt | 800,136 | 823,013 |
Deferred income tax liabilities | 5,519 | 5,547 |
Long-term income taxes payable | 347 | 347 |
Liabilities related to unrecognized tax benefits | 1,912 | 1,912 |
Deferred compensation payable | 18,228 | 17,167 |
Deferred credits | 1,579 | 1,605 |
Long-term operating lease liabilities | 60,141 | 56,259 |
Other long-term obligations | 14,956 | 13,830 |
Total liabilities | 1,086,162 | 1,123,244 |
Commitments and contingencies | ||
Stockholders' equity: | ||
Preferred stock - 5,000 shares authorized; no shares issued as of March 31, 2024 and December 31, 2023 | ||
Common stock, no par value; 100,000 shares authorized; issued and outstanding as of March 31, 2024 - 58,102 and December 31, 2023 - 57,858 | 649,222 | 638,150 |
Retained earnings | 603,424 | 575,184 |
Accumulated other comprehensive loss | (12,456) | (11,334) |
Total stockholders' equity | 1,240,190 | 1,202,000 |
Total liabilities and stockholders' equity | 2,326,352 | 2,325,244 |
Developed technology | ||
Other assets: | ||
Intangible assets: | 277,085 | 283,999 |
Other | ||
Other assets: | ||
Intangible assets: | $ 40,399 | $ 41,884 |