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Last $25.66 USD
Change Today +0.475 / 1.89%
Volume 319.9K
MMSI On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 2:31 PM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

merit medical systems inc (MMSI) Snapshot

Open
$25.59
Previous Close
$25.18
Day High
$25.73
Day Low
$25.04
52 Week High
07/24/15 - $26.42
52 Week Low
07/30/14 - $11.41
Market Cap
1.1B
Average Volume 10 Days
386.1K
EPS TTM
$0.71
Shares Outstanding
44.0M
EX-Date
--
P/E TM
36.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for MERIT MEDICAL SYSTEMS INC (MMSI)

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merit medical systems inc (MMSI) Details

Merit Medical Systems, Inc. designs, develops, manufactures, and markets medical devices for interventional and diagnostic procedures worldwide. The company’s Cardiovascular segment offers cardiology and radiology devices for diagnosing and treating coronary arterial, peripheral vascular, and other non-vascular diseases; and embolotherapeutic products. It offers vascular access products and accessories; safety and waste management systems; hemostasis management devices; guide wires and accessories; diagnostic catheters; hemostasis valves; inflation devices; drainage catheters and accessories; paracentesis, thoracentesis, and pericardiocentesis catheters; thrombosis products; multipurpose microcatheters; embolic particles and products; vascular retrieval devices; angiography and angioplasty accessories; hemodialysis and peritoneal dialysis; and cardiac rhythm management and electrophysiology devices. The company’s Endoscopy segment provides gastroenterology and pulmonology medical devices for expanding esophageal, tracheobronchial, and biliary strictures caused by malignant tumors. It offers airway, esophageal, and biliary stents; stent sizing devices; guide wires; bipolar coagulation probes; inflation devices; cholangiography rapid refill continuous injection kits; oropharyngeal airway, bite block, and oxygen administration devices; and bronchoalveolar lavage convenience kits. The company also provides support catheters, discography products, coated wires and tubes, and pressure sensors. It serves hospitals and clinic-based cardiologists, radiologists, neurologists, nephrologists, vascular surgeons, interventional gastroenterologists and pulmonologists, thoracic surgeons, physiatrists, nephrologists, vascular surgeons, oncologists, electrophysiologists, technicians, and nurses through direct sales force, distributors, original equipment manufacturer partners, and tray manufacturers. The company was founded in 1987 and is headquartered in South Jordan, Utah.

3,300 Employees
Last Reported Date: 07/23/15
Founded in 1987

merit medical systems inc (MMSI) Top Compensated Officers

Chairman of The Board, Chief Executive Office...
Total Annual Compensation: $1.1M
Chief Financial Officer, Treasurer, Secretary...
Total Annual Compensation: $403.7K
Chief Operating Officer
Total Annual Compensation: $317.5K
Chief Legal Officer
Total Annual Compensation: $400.7K
Executive Officer
Total Annual Compensation: $325.0K
Compensation as of Fiscal Year 2014.

merit medical systems inc (MMSI) Key Developments

Merit Medical Systems, Inc. Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Merit Medical Systems, Inc. announced unaudited earnings results for the second quarter and six months ended June 30, 2015. For the period, the company reported sales of $138,082,000 against $128,865,000 a year ago. Income from operations was $12,242,000 against $7,384,000 a year ago. Income before income tax expense was $10,523,000 against $5,082,000 a year ago. Net income was $7,401,000 or $0.17 per basic and diluted share against $3,716,000 or $0.09 per basic and diluted share a year ago. Non-GAAP net income was $10,930,000 or $0.25 per share against $6,416,000 or $0.15 per share a year ago. Non-GAAP income from operations was $17.7 million, or 12.8% of sales for the quarter ended June 30, 2015, compared to $11.5 million, or 8.9% of sales for the quarter ended June 30, 2014. Cash flow from operations was over $20 million and CapEx was $15 million for the quarter. For the six months, the company reported sales of $267,659,000 against $248,101,000 a year ago. Income from operations was $20,946,000 against $13,873,000 a year ago. The increase in income from operations was primarily attributable to higher sales and leverage from lower operating expenses as a percentage of sales. Income before income tax expense was $17,986,000 against $8,968,000 a year ago. Net income was $12,575,000 or $0.28 per diluted share against $6,539,000 or $0.15 per basic and diluted share a year ago. Non-GAAP net income was $18,808,000 or $0.42 per share against $11,780,000 or $0.27 per share a year ago. Non-GAAP income from operations was $30.5 million, or 11.4% of sales for the six months ended June 30, 2015, compared to $21.8 million, or 8.8% of sales for the six months ended June 30, 2014. CapEx was $25.4 million year-to-date.

Merit Medical Systems, Inc. Appoints Ann Millner as Independent Director

Merit Medical Systems, Inc. announced that it has appointed F. Ann Millner to serve as an independent director of the company. Millner will serve on the Board’s Nominating and Corporate Governance Committee. Millner is a Regents Professor in Health Administrative Services and past President at Weber State University. She represents District 18 in the Utah State Senate and serves on the Executive Committee of the Board of Trustees at Intermountain Health Care.

Merit Medical Systems, Inc. to Report Q2, 2015 Results on Jul 23, 2015

Merit Medical Systems, Inc. announced that they will report Q2, 2015 results at 5:00 PM, US Eastern Standard Time on Jul 23, 2015

 

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MMSI:US $25.66 USD +0.475

MMSI Competitors

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Industry Analysis

MMSI

Industry Average

Valuation MMSI Industry Range
Price/Earnings 38.1x
Price/Sales 2.1x
Price/Book 2.4x
Price/Cash Flow 38.2x
TEV/Sales 1.7x
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