Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

How to buy Merit Medical Systems stock (MMSI)

Buy Merit Medical Systems stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Merit Medical Systems is a medical instruments & supplies business based in the US. Merit Medical Systems shares (MMSI) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $104.08 – an increase of 2.36% over the previous week. Merit Medical Systems employs 6,950 staff and has a trailing 12-month revenue of around $1.3 billion.

Our top picks for where to buy Merit Medical Systems stock

Our pick for investing by theme

Go to site
  • Trade $0 commission stocks & ETFs with as little as $1
  • Earn up to $300 with qualifying deposits
  • Discover new opportunities with Opto's AI-driven thematic investing system
  • Theme and ETF screener

Top pick for best mobile experience

Go to site
  • Trade $0 commission stocks, ETFs, and options with as little as $1
  • After-hours trading available
  • Earn 4.5% interest on uninvested cash with Gold
  • 24/7 customer support

Alternative pick for crypto trading

Go to site
  • $0 commission trading
  • Instant withdrawals with a 1.75% fee
  • Supports 250+ cryptocurrencies
  • High-yield account earns up to 4.65% APY
Terms apply. Cryptoassets are highly volatile. Your capital is at risk. Available in the US, CA, UK and AU

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

How to buy Merit Medical Systems stock

  1. Choose a stock trading platform. Use our comparison table
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – MMSI. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

Buy Merit Medical Systems stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.
1 - 4 of 4
Name Product USFST Ratings Available asset types Stock trade fee Minimum deposit Cash sweep APY Signup bonus
OPTO
Finder Score: 3.1 / 5: ★★★★★
OPTO
★★★★★
Stocks, ETFs
$0
$0
N/A
Earn up to $300
AI-driven thematic investing, with proprietary research, fractional shares and commission-free stocks and ETFs.
Robinhood
Finder Score: 4.5 / 5: ★★★★★
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
4.5%
Get a free stock
Trade stocks, options, ETFs and crypto without commissions and on a user-friendly platform. Plus, a 1% IRA match and no options contract fees.
Uphold
Finder Score: 3.6 / 5: ★★★★★
Uphold
★★★★★
Cryptocurrency
N/A
$0
4.65%
Get $10
Tastytrade
Finder Score: 4.4 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $50-$5,000
Competitive, capped options commissions, with a reliable trading platform designed for serious traders.
loading

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Merit Medical Systems stock price (NASDAQ: MMSI)

Use our graph to track the performance of MMSI stocks over time.

Merit Medical Systems shares at a glance

Information last updated 2024-11-15.
Latest market close$104.08
52-week range$65.46 - $105.46
50-day moving average $97.70
200-day moving average $85.46
Wall St. target price$110.09
PE ratio 49.6078
Dividend yield N/A
Earnings per share (TTM) $2.04

Is it a good time to buy Merit Medical Systems stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Merit Medical Systems price performance over time

Historical closes compared with the close of $103.94 from 2024-11-18

1 week (2024-11-13) 2.22%
1 month (2024-10-18) 7.73%
3 months (2024-08-20) 14.32%
6 months (2024-05-20) 25.14%
1 year (2023-11-20) 44.74%
2 years (2022-11-18) 48.49%
3 years (2021-11-19) 50.05%
5 years (2019-11-20) 284.39%

Is Merit Medical Systems stock undervalued or overvalued?

Valuing Merit Medical Systems stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Merit Medical Systems's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Merit Medical Systems's P/E ratio

Merit Medical Systems's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 50x. In other words, Merit Medical Systems shares trade at around 50x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Merit Medical Systems's PEG ratio

Merit Medical Systems's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.3334. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Merit Medical Systems's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Merit Medical Systems's EBITDA

Merit Medical Systems's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $250.3 million.

The EBITDA is a measure of a Merit Medical Systems's overall financial performance and is widely used to measure a its profitability.

Merit Medical Systems financials

Revenue TTM $1.3 billion
Operating margin TTM 10.99%
Gross profit TTM $519.1 million
Return on assets TTM 4.56%
Return on equity TTM 9.4%
Profit margin 9.05%
Book value $22.71
Market Capitalization $5.9 billion

TTM: trailing 12 months

Merit Medical Systems share dividends

We're not expecting Merit Medical Systems to pay a dividend over the next 12 months.

Have Merit Medical Systems's shares ever split?

Merit Medical Systems's shares were split on a 5:4 basis on 5 May 2011 . So if you had owned 4 shares the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your Merit Medical Systems shares – just the quantity. However, indirectly, the new 20% lower share price could have impacted the market appetite for Merit Medical Systems shares which in turn could have impacted Merit Medical Systems's share price.

Merit Medical Systems share price volatility

Over the last 12 months, Merit Medical Systems's shares have ranged in value from as little as $65.455 up to $105.455. A popular way to gauge a stock's volatility is its "beta".

MMSI.US volatility(beta: 0.89)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Merit Medical Systems's is 0.892. This would suggest that Merit Medical Systems's shares are less volatile than average (for this exchange).

Merit Medical Systems overview

Merit Medical Systems, Inc. designs, develops, manufactures, and markets single-use medical products for interventional, diagnostic, and therapeutic procedures in the United States and internationally. It operates in two segments, Cardiovascular and Endoscopy. The company provides micropuncture kits, angiographic needles, sheaths, guide wires, and safety products; peripheral intervention, including angiography, drainage, delivery systems, and embolotherapy products; spine products, such as vertebral augmentation, radiofrequency ablation, and bone biopsy systems; oncology products; and cardiac intervention products, such as access, angiography, electrophysiology and cardiac rhythm management, fluid management, hemodynamic monitoring, hemostasis, and intervention to treat various heart conditions. It also offers custom procedural solutions that include critical care products, disinfection protection systems, syringes, manifold kits, and trays and packs; coating services for medical tubes and wires; and sensor components for microelectromechanical systems. In addition, the company provides pulmonary products that consist of laser-cut tracheobronchial stents, over-the-wire and direct visualization delivery systems, and dilation balloons to endoscopically dilate structures; gastroenterology products, such as covered esophageal stents, syringe and gauges, and balloon dilators; and kits and accessories for endoscopy and bronchoscopy procedures. It sells its products to hospitals and alternate site-based physicians, technicians, and nurses through direct sales force, distributors, original equipment manufacturer partners, or custom procedure tray manufacturers.

Frequently asked questions

What percentage of Merit Medical Systems is owned by insiders or institutions?
Currently 2.475% of Merit Medical Systems shares are held by insiders and 105.441% by institutions.
How many people work for Merit Medical Systems?
Latest data suggests 6,950 work at Merit Medical Systems.
When does the fiscal year end for Merit Medical Systems?
Merit Medical Systems's fiscal year ends in December.
Where is Merit Medical Systems based?
Merit Medical Systems's address is: 1600 West Merit Parkway, South Jordan, UT, United States, 84095
What is Merit Medical Systems's ISIN number?
Merit Medical Systems's international securities identification number is: US5898891040
What is Merit Medical Systems's CUSIP number?
Merit Medical Systems's Committee on Uniform Securities Identification Procedures number is: 589889104

More guides on Finder

Ask a question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site