Merit Medical Systems (MMSI) & Its Rivals Critical Contrast

Merit Medical Systems (NASDAQ: MMSI) is one of 104 publicly-traded companies in the “Surgical & medical instruments” industry, but how does it weigh in compared to its competitors? We will compare Merit Medical Systems to related businesses based on the strength of its earnings, risk, analyst recommendations, dividends, institutional ownership, valuation and profitability.

Profitability

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This table compares Merit Medical Systems and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Merit Medical Systems 3.78% 9.65% 6.02%
Merit Medical Systems Competitors -62.26% -47.35% -18.28%

Analyst Recommendations

This is a summary of current recommendations and price targets for Merit Medical Systems and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Merit Medical Systems 0 0 11 0 3.00
Merit Medical Systems Competitors 495 1881 3745 115 2.56

Merit Medical Systems presently has a consensus price target of $48.60, suggesting a potential upside of 8.00%. As a group, “Surgical & medical instruments” companies have a potential upside of 10.96%. Given Merit Medical Systems’ competitors higher possible upside, analysts clearly believe Merit Medical Systems has less favorable growth aspects than its competitors.

Institutional & Insider Ownership

95.3% of Merit Medical Systems shares are owned by institutional investors. Comparatively, 48.0% of shares of all “Surgical & medical instruments” companies are owned by institutional investors. 5.0% of Merit Medical Systems shares are owned by company insiders. Comparatively, 16.1% of shares of all “Surgical & medical instruments” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Volatility & Risk

Merit Medical Systems has a beta of 1.29, indicating that its stock price is 29% more volatile than the S&P 500. Comparatively, Merit Medical Systems’ competitors have a beta of 0.80, indicating that their average stock price is 20% less volatile than the S&P 500.

Earnings & Valuation

This table compares Merit Medical Systems and its competitors revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Merit Medical Systems $727.85 million $27.52 million 35.16
Merit Medical Systems Competitors $1.54 billion $111.80 million -143.19

Merit Medical Systems’ competitors have higher revenue and earnings than Merit Medical Systems. Merit Medical Systems is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

Merit Medical Systems beats its competitors on 8 of the 13 factors compared.

Merit Medical Systems Company Profile

Merit Medical Systems, Inc. is a manufacturer and marketer of disposable medical devices used in a range of interventional, diagnostic and therapeutic medical procedures. The Company operates in two segments: cardiovascular and endoscopy. The cardiovascular segment consists of cardiology and radiology devices, which assist in diagnosing and treating coronary arterial disease, peripheral vascular disease and other non-vascular diseases, and includes embolotherapeutic, cardiac rhythm management (CRM), electrophysiology (EP), and interventional oncology and spine devices. Its endoscopy segment consists of gastroenterology and pulmonology medical devices, which assist in the palliative treatment of expanding esophageal, tracheobronchial and biliary strictures caused by malignant tumors. Within its segments, the Company offers products focused in four product groups: peripheral intervention, cardiac intervention, interventional oncology and spine, and endoscopy.

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