Merit Medical (Germany) Market Outlook
| MM3 Stock | EUR 69.00 1.00 1.43% |
Roughly 61% of Merit Medical's investor base is looking to short. The analysis of overall sentiment of trading Merit Medical Systems stock suggests that many investors are alarmed at this time. The current market sentiment, together with Merit Medical's historical and current headlines, can help investors time the market. In addition, many technical investors use Merit Medical Systems stock news signals to limit their universe of possible portfolio assets.
Comfort Level 39
Alarmed
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Merit Medical's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Merit Medical Systems.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentWaiting |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Merit Medical Systems is 'Strong Sell'. Macroaxis provides Merit Medical buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MM3 positions.
Execute Merit Medical Advice
The Merit recommendation should be used to complement the investment advice compiled from the current analysts' consensus on Merit Medical Systems. Macroaxis does not own or have any residual interests in Merit Medical Systems or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Merit Medical's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weakest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Tiny | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
For the selected time horizon Merit Medical Systems has a Mean Deviation of 1.51, Standard Deviation of 2.07 and Variance of 4.28Macroaxis provides unbiased advice on Merit Medical Systems that should be used to complement current analysts and expert consensus on Merit Medical. Our investment recommendation engine determines the firm's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure Merit Medical Systems is not overpriced, please verify all Merit Medical Systems fundamentals, including its price to sales, gross profit, and the relationship between the price to book and revenue .
Merit Medical Trading Alerts and Improvement Suggestions
| Merit Medical generated a negative expected return over the last 90 days | |
| Merit Medical is unlikely to experience financial distress in the next 2 years | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Merit Medical Systems, Inc. MMSI Shares Sold by Aberdeen Group plc - MarketBeat |
Merit Medical Returns Distribution Density
The distribution of Merit Medical's historical returns is an attempt to chart the uncertainty of Merit Medical's future price movements. The chart of the probability distribution of Merit Medical daily returns describes the distribution of returns around its average expected value. We use Merit Medical Systems price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Merit Medical returns is essential to provide solid investment analysis for Merit Medical.
| Mean Return | -0.1 | Value At Risk | -2.88 | Potential Upside | 2.96 | Standard Deviation | 2.07 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Merit Medical historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Merit Medical Cash Flow Accounts
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Change To Inventory | (25.2M) | (47.9M) | (32.1M) | (2.3M) | (2.1M) | (2.2M) | |
| Investments | (37.2M) | (57.4M) | (175.3M) | (368.7M) | (331.8M) | (315.2M) | |
| Change In Cash | 10.8M | (7.2M) | 528.6M | (210.4M) | (241.9M) | (229.8M) | |
| Net Borrowings | (108.5M) | (44.9M) | 619.6M | (99.1M) | (113.9M) | (108.2M) | |
| Depreciation | 95.8M | 92.2M | 101.3M | 114.7M | 131.9M | 85.5M | |
| Capital Expenditures | 27.9M | 45.0M | 36.7M | 38.0M | 34.2M | 35.9M | |
| Net Income | 48.5M | 74.5M | 94.4M | 120.4M | 138.4M | 145.3M | |
| Change To Netincome | 22.8M | 33.5M | 20.2M | 18.4M | 21.1M | 15.0M | |
| End Period Cash Flow | 67.8M | 60.6M | 589.1M | 378.8M | 435.6M | 457.4M | |
| Free Cash Flow | 119.3M | 69.3M | 108.5M | 182.8M | 210.2M | 220.7M | |
| Other Non Cash Items | 5.0M | 12.2M | 4.9M | 7.1M | 8.2M | 5.1M |
Merit Medical Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Merit Medical or Health Care Equipment & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Merit Medical's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Merit stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | -0.18 | |
σ | Overall volatility | 2.05 | |
Ir | Information ratio | -0.07 |
Merit Medical Volatility Alert
Merit Medical Systems exhibits very low volatility with skewness of -0.14 and kurtosis of 2.79. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Merit Medical's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Merit Medical's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Merit Medical Fundamentals Vs Peers
Comparing Merit Medical's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Merit Medical's direct or indirect competition across all of the common fundamentals between Merit Medical and the related equities. This way, we can detect undervalued stocks with similar characteristics as Merit Medical or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Merit Medical's fundamental indicators could also be used in its relative valuation, which is a method of valuing Merit Medical by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Merit Medical to competition |
| Fundamentals | Merit Medical | Peer Average |
| Return On Equity | 0.083 | -0.31 |
| Return On Asset | 0.0428 | -0.14 |
| Profit Margin | 0.08 % | (1.27) % |
| Operating Margin | 0.11 % | (5.51) % |
| Current Valuation | 4.44 B | 16.62 B |
| Shares Outstanding | 59.29 M | 571.82 M |
| Shares Owned By Insiders | 2.22 % | 10.09 % |
| Shares Owned By Institutions | 97.78 % | 39.21 % |
| Price To Earning | 46.88 X | 28.72 X |
| Price To Book | 3.13 X | 9.51 X |
| Price To Sales | 2.81 X | 11.42 X |
| Revenue | 1.36 B | 9.43 B |
| Gross Profit | 715.9 M | 27.38 B |
| EBITDA | 291.78 M | 3.9 B |
| Net Income | 120.36 M | 570.98 M |
| Cash And Equivalents | 35.18 M | 2.7 B |
| Cash Per Share | 0.64 X | 5.01 X |
| Total Debt | 1.04 B | 5.32 B |
| Debt To Equity | 50.80 % | 48.70 % |
| Current Ratio | 2.42 X | 2.16 X |
| Book Value Per Share | 21.77 X | 1.93 K |
| Cash Flow From Operations | 220.8 M | 971.22 M |
| Earnings Per Share | 1.64 X | 3.12 X |
| Price To Earnings To Growth | 1.70 X | 4.89 X |
| Target Price | 76.22 | |
| Number Of Employees | 7.4 K | 18.84 K |
| Beta | 0.61 | -0.15 |
| Market Capitalization | 4.15 B | 19.03 B |
| Total Asset | 2.42 B | 29.47 B |
| Retained Earnings | 695.54 M | 9.33 B |
| Working Capital | 707.37 M | 1.48 B |
| Net Asset | 2.42 B |
Merit Medical Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Merit . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 69.0 | |||
| Day Typical Price | 69.0 | |||
| Price Action Indicator | (0.50) | |||
| Period Momentum Indicator | (1.00) | |||
| Relative Strength Index | 39.72 |
About Merit Medical Buy or Sell Advice
When is the right time to buy or sell Merit Medical Systems? Buying financial instruments such as Merit Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Merit Medical in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Munis Funds Thematic Idea Now
Munis Funds
Funds or Etfs that invest in fixed income securities issued by states, cities, and towns as well as other public entities. The Munis Funds theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Munis Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Merit Medical Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.