Merit Medical Non-GAAP EPS of 0.86 beats by 0.06, revenue of 339.8M beats by 5.18M
MMSI Stock | USD 103.66 0.34 0.33% |
Under 55% of Merit Medical's investor base is interested to short. The analysis of overall sentiment of trading Merit Medical Systems stock suggests that many investors are impartial at this time. Merit Medical's investing sentiment shows overall attitude of investors towards Merit Medical Systems.
Merit |
Merit Medical Systems surpasses expectations with Q3 earnings report, beating non-GAAP EPS by 0.06 and revenue by 5.18M.
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Merit Medical Systems Current Investor Sentiment
Panic Vs Confidence
45
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 SentimentBullish | Hype SentimentBearish | Insider SentimentDisposing |
Merit Medical Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Merit Medical can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Merit Medical Fundamental Analysis
We analyze Merit Medical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Merit Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Merit Medical based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Earnings Per Share
Earnings Per Share Comparative Analysis
Merit Medical is currently under evaluation in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Merit Medical Systems Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Merit Medical stock to make a market-neutral strategy. Peer analysis of Merit Medical could also be used in its relative valuation, which is a method of valuing Merit Medical by comparing valuation metrics with similar companies.
Peers
Merit Medical Related Equities
ICUI | ICU Medical | 1.27 | ||||
WST | West Pharmaceutical | 1.24 | ||||
ALC | Alcon AG | 1.13 | ||||
COO | Cooper Companies, | 0.77 | ||||
TFX | Teleflex Incorporated | 0.52 | ||||
ANGO | AngioDynamics | 0.43 | ||||
ATR | AptarGroup | 0.18 | ||||
HAE | Haemonetics | 0.72 |
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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