Last $19.47 USD
Change Today -0.27 / -1.37%
Volume 269.1K
MMSI On Other Exchanges
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As of 5:20 PM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

merit medical systems inc (MMSI) Snapshot

Open
$19.63
Previous Close
$19.74
Day High
$19.89
Day Low
$19.33
52 Week High
02/27/15 - $19.96
52 Week Low
07/30/14 - $11.41
Market Cap
845.1M
Average Volume 10 Days
280.5K
EPS TTM
$0.56
Shares Outstanding
43.4M
EX-Date
--
P/E TM
34.7x
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 use in interventional and diagnostic procedures worldwide. The company’s Cardiovascular segment offers cardiology and radiology devices that assist in diagnosing and treating coronary arterial disease, peripheral vascular disease, and other non-vascular diseases; and the embolotherapeutic products. Its devices include 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 electrophysiology products. The company’s Endoscopy segment provides gastroenterology and pulmonology medical devices that assist in the palliative treatment of expanding esophageal, tracheobronchial, and biliary strictures caused by malignant tumors. Its devices consist of airway, esophageal, and biliary stents; stent sizing devices; guide wires for non-vascular procedures; bipolar coagulation probes; inflation devices; cholangiography rapid refill continuous injection kits; and oropharyngeal airway, bite block, and oxygen administration devices, as well as discography products, coated wires and tubes, and pressure sensors. The company serves hospitals and clinic-based cardiologists, radiologists, neurologists, nephrologists, vascular surgeons, interventional gastroenterologists and pulmonologists, thoracic surgeons, physiatrists, technicians, and nurses through direct sales force, distributors, original equipment manufacturer partners, and custom procedure tray manufacturers. Merit Medical Systems, Inc. was founded in 1987 and is headquartered in South Jordan, Utah.

3,100 Employees
Last Reported Date: 02/24/15
Founded in 1987

merit medical systems inc (MMSI) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $887.7K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $380.0K
Chief Legal Officer
Total Annual Compensation: $405.0K
Executive Officer
Total Annual Compensation: $325.0K
Executive Vice President of Sales & Marketing
Total Annual Compensation: $465.0K
Compensation as of Fiscal Year 2013.

merit medical systems inc (MMSI) Key Developments

Merit Medical Systems, Inc. Announces Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Full Year Ending December 31, 2015

Merit Medical Systems, Inc. announced unaudited earnings results for the fourth quarter and full year ended December 31, 2014. Revenues of $132.8 million for the quarter ended December 31, 2014, an increase of 11% over revenues of $120.0 million for the quarter ended December 31, 2013. For the quarter, the company reported income from operations was $14,217,000 compared with $10,916,000 for the same period a year ago. Income before tax was $12,351,000 compared with $8,182,000 for the same period a year ago. Net income was $8,671,000 or $0.20 per basic and diluted share compared with $6,540,000 or $0.15 per basic and diluted share for the same period a year ago. Non-GAAP net income was $11,267,000 or $0.26 per share compared with $9,381,000 or $0.22 per share for the same period a year ago. Revenues for the year ended December 31, 2014 were a record $509.7 million, an increase of 14% over revenues of $449.0 million for the year ended December 31, 2013. Revenues from Merit's core business grew 11% and 12% for the quarter and year ended December 31, 2014, respectively, compared to the corresponding periods of 2013. For the year, the company reported income from operations was $40,166,000 compared with $27,844,000 for the same period a year ago. Income before tax was $31,572,000 compared with $19,839,000 for the same period a year ago. Net income was $22,974,000 or $0.53 per basic and diluted share compared with $16,570,000 or $0.39 per basic and diluted share for the same period a year ago. Non-GAAP net income was $33,758,000 or $0.78 per share compared with $30,436,000 or $0.71 per share for the same period a year ago. The company provided earnings guidance for the full year ending December 31, 2015. The company estimates that for the year ending December 31, 2015, absent extraordinary transactions, Merit's revenues will be in the range of $535-$545 million, an increase of approximately 5-7%, compared to revenues of $509.7 million for the year ended December 31, 2014. This projected growth rate has been reduced by approximately 2.4% due to the estimated changes in foreign exchanges rates. Also, based on information currently available to Merit's management, Merit estimates that, absent non-recurring transactions, Merit's GAAP earnings per share for 2015 will be in the range of $0.63-$0.67 and non-GAAP earnings per share will be in the range of $0.85-$0.89.

Merit Medical Systems, Inc. to Report Q4, 2014 Results on Feb 24, 2015

Merit Medical Systems, Inc. announced that they will report Q4, 2014 results at 5:00 PM, US Eastern Standard Time on Feb 24, 2015

Merit Medical Systems, Inc., Q4 2014 Earnings Call, Feb 24, 2015

Merit Medical Systems, Inc., Q4 2014 Earnings Call, Feb 24, 2015

 

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Industry Analysis

MMSI

Industry Average

Valuation MMSI Industry Range
Price/Earnings 37.3x
Price/Sales 1.7x
Price/Book 2.0x
Price/Cash Flow 37.3x
TEV/Sales 1.2x
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