Merit Medical SystemsMMSI
Market Cap: $5.61B
About: Merit Medical Systems Inc is a medical equipment company that develops and manufactures products for use in interventional cardiology, radiology, and endoscopy procedures. The firm reports two segments which are Cardiovascular and Endoscopy. The majority of the revenue is earned from the Cardiovascular segment. The United States generates the majority of the revenue.
Employees: 6,950
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
7,002% more call options, than puts
Call options by funds: $75.7M | Put options by funds: $1.07M
48% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 33
24% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 101
16% more capital invested
Capital invested by funds: $4.5B [Q1] → $5.21B (+$709M) [Q2]
5% more funds holding
Funds holding: 301 [Q1] → 317 (+16) [Q2]
1.71% more ownership
Funds ownership: 102.67% [Q1] → 104.39% (+1.71%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Needham Mike Matson 64% 1-year accuracy 72 / 113 met price target | 9%upside $105 | Buy Maintained | 28 Aug 2024 |
B of A Securities Craig Bijou 75% 1-year accuracy 3 / 4 met price target | 5%downside $92 | Neutral Maintained | 5 Aug 2024 |
Piper Sandler Jason Bednar 45% 1-year accuracy 18 / 40 met price target | 4%upside $100 | Overweight Maintained | 2 Aug 2024 |
Needham Mike Matson 64% 1-year accuracy 72 / 113 met price target | 3%downside $94 | Buy Maintained | 2 Aug 2024 |
Barrington Research Michael Petusky 62% 1-year accuracy 31 / 50 met price target | 4%upside $100 | Outperform Maintained | 16 Jul 2024 |