Merit Medical Systems Stock Performance
| MMSI Stock | USD 104.92 0.41 0.39% |
Merit Medical has a performance score of 9 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.54, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Merit Medical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Merit Medical is expected to be smaller as well. Merit Medical Systems right now secures a risk of 1.2%. Please verify Merit Medical Systems value at risk, as well as the relationship between the skewness and day median price , to decide if Merit Medical Systems will be following its current price movements.
Risk-Adjusted Performance
9 of 100
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Good
Compared to the overall equity markets, risk-adjusted returns on investments in Merit Medical Systems are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite fairly uncertain basic indicators, Merit Medical may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Actual Historical Performance (%)
One Day Return 0.69 | Five Day Return 1.93 | Year To Date Return 38.86 | Ten Year Return 601.46 | All Time Return 12.5 K |
Last Split Factor 5:4 | Last Split Date 2011-05-06 |
1 | Disposition of 3107 shares by Brian Lloyd of Merit Medical at 70.58 subject to Rule 16b-3 | 09/06/2024 |
2 | United States Cardiovascular Surgery Devices Market Outlook to 2033 Focus on Beating Heart Surgery Systems and Perfusion Disposables | 09/16/2024 |
3 | Futures dip as Middle East tensions mount jobs data on tap | 10/02/2024 |
4 | Disposition of 20000 shares by Millner F. Ann of Merit Medical at 80.0 subject to Rule 16b-3 | 10/09/2024 |
5 | MMSIs Stock Declines Despite Q3 Earnings Beat, Higher Gross Margin | 10/31/2024 |
6 | Cardinal Health, Inc. Soars to 52-Week High, Time to Cash Out | 11/04/2024 |
7 | Is Merit Medical a Solid Growth Stock 3 Reasons to Think Yes | 11/05/2024 |
8 | Merit Medical Systems CFO Raul Jr. sells 2.9 million in stock | 11/07/2024 |
9 | Insider Sale COO Neil Peterson Sells 5,000 Shares of Merit Medical Systems Inc | 11/08/2024 |
10 | Merit Medical Systems, Inc. Shares Sold by MeadowBrook Investment Advisors LLC | 11/14/2024 |
11 | Disposition of 12500 shares by Millner F. Ann of Merit Medical at 50.5 subject to Rule 16b-3 | 11/15/2024 |
12 | Merit Medical director Millner sells 1.27m in stock | 11/18/2024 |
13 | 3 Reasons Why Growth Investors Shouldnt Overlook Merit Medical | 11/21/2024 |
14 | Are You a Growth Investor This 1 Stock Could Be the Perfect Pick | 11/22/2024 |
| Begin Period Cash Flow | 60.6 M |
Merit |
Merit Medical Relative Risk vs. Return Landscape
If you would invest 9,581 in Merit Medical Systems on August 28, 2024 and sell it today you would earn a total of 911.00 from holding Merit Medical Systems or generate 9.51% return on investment over 90 days. Merit Medical Systems is currently generating 0.1513% in daily expected returns and assumes 1.1984% risk (volatility on return distribution) over the 90 days horizon. In different words, 10% of stocks are less volatile than Merit, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Merit Medical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Merit Medical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Merit Medical Systems, and traders can use it to determine the average amount a Merit Medical's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1262
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Estimated Market Risk
| 1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Merit Medical is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Merit Medical by adding it to a well-diversified portfolio.
Merit Medical Fundamentals Growth
Merit Stock prices reflect investors' perceptions of the future prospects and financial health of Merit Medical, and Merit Medical fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Merit Stock performance.
| Return On Equity | 0.094 | ||||
| Return On Asset | 0.0456 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 6.43 B | ||||
| Shares Outstanding | 58.28 M | ||||
| Price To Earning | 956.67 X | ||||
| Price To Book | 4.64 X | ||||
| Price To Sales | 4.63 X | ||||
| Revenue | 1.26 B | ||||
| Gross Profit | 519.1 M | ||||
| EBITDA | 231.44 M | ||||
| Net Income | 94.41 M | ||||
| Cash And Equivalents | 51.48 M | ||||
| Cash Per Share | 0.91 X | ||||
| Total Debt | 891.36 M | ||||
| Debt To Equity | 0.26 % | ||||
| Current Ratio | 2.35 X | ||||
| Book Value Per Share | 22.71 X | ||||
| Cash Flow From Operations | 145.15 M | ||||
| Earnings Per Share | 2.05 X | ||||
| Market Capitalization | 6.14 B | ||||
| Total Asset | 2.33 B | ||||
| Retained Earnings | 575.18 M | ||||
| Working Capital | 904.91 M | ||||
| Current Asset | 204 M | ||||
| Current Liabilities | 87.91 M | ||||
About Merit Medical Performance
By evaluating Merit Medical's fundamental ratios, stakeholders can gain valuable insights into Merit Medical's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Merit Medical has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Merit Medical has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 164.68 | 157.37 | |
| Return On Tangible Assets | 0.06 | 0.05 | |
| Return On Capital Employed | 0.06 | 0.10 | |
| Return On Assets | 0.04 | 0.05 | |
| Return On Equity | 0.08 | 0.05 |
Things to note about Merit Medical Systems performance evaluation
Checking the ongoing alerts about Merit Medical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Merit Medical Systems help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Are You a Growth Investor This 1 Stock Could Be the Perfect Pick |
- Analyzing Merit Medical's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Merit Medical's stock is overvalued or undervalued compared to its peers.
- Examining Merit Medical's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Merit Medical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Merit Medical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Merit Medical's stock. These opinions can provide insight into Merit Medical's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Merit Stock analysis
When running Merit Medical's price analysis, check to measure Merit Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Merit Medical is operating at the current time. Most of Merit Medical's value examination focuses on studying past and present price action to predict the probability of Merit Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merit Medical's price. Additionally, you may evaluate how the addition of Merit Medical to your portfolios can decrease your overall portfolio volatility.
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