$0.30 EPS Expected for Merit Medical Systems, Inc. (MMSI)

April 16, 2018 - By Margaret Downey

Merit Medical Systems, Inc. (NASDAQ:MMSI) LogoInvestors sentiment decreased to 1 in 2017 Q4. Its down 0.28, from 1.28 in 2017Q3. It turned negative, as 29 investors sold Merit Medical Systems, Inc. shares while 69 reduced holdings. 29 funds opened positions while 69 raised stakes. 45.18 million shares or 1.94% more from 44.33 million shares in 2017Q3 were reported.
Ami Asset Mngmt Corp owns 374,231 shares or 1.12% of their US portfolio. California State Teachers Retirement Systems invested in 76,725 shares or 0.01% of the stock. Mufg Americas Holding, New York-based fund reported 120 shares. Hanseatic Management Serv holds 0.28% of its portfolio in Merit Medical Systems, Inc. (NASDAQ:MMSI) for 6,523 shares. Columbus Circle Invsts holds 86,477 shares or 0.07% of its portfolio. Virginia Retirement Et Al accumulated 13,700 shares or 0.01% of the stock. Riverhead Capital Mgmt Limited Com has 0.01% invested in Merit Medical Systems, Inc. (NASDAQ:MMSI). Price T Rowe Associate Inc Md has invested 0% of its portfolio in Merit Medical Systems, Inc. (NASDAQ:MMSI). Bbva Compass Natl Bank holds 0.08% of its portfolio in Merit Medical Systems, Inc. (NASDAQ:MMSI) for 27,359 shares. 340,000 are held by Neuberger Berman Group Inc Ltd Co. Cornerstone Ltd Liability holds 0.04% in Merit Medical Systems, Inc. (NASDAQ:MMSI) or 134,700 shares. Rhumbline Advisers reported 111,217 shares stake. Eagle Boston Inv Incorporated has invested 1.69% in Merit Medical Systems, Inc. (NASDAQ:MMSI). Ftb Advisors Incorporated invested 0% in Merit Medical Systems, Inc. (NASDAQ:MMSI). Blackrock Inc holds 6.20 million shares or 0.01% of its portfolio.

Since December 15, 2017, it had 0 insider buys, and 1 sale for $407,782 activity.

Analysts expect Merit Medical Systems, Inc. (NASDAQ:MMSI) to report $0.30 EPS on April, 26.They anticipate $0.02 EPS change or 7.14 % from last quarter’s $0.28 EPS. MMSI’s profit would be $15.10 million giving it 37.58 P/E if the $0.30 EPS is correct. After having $0.33 EPS previously, Merit Medical Systems, Inc.’s analysts see -9.09 % EPS growth. The stock increased 0.22% or $0.1 during the last trading session, reaching $45.1. About 54,527 shares traded. Merit Medical Systems, Inc. (NASDAQ:MMSI) has risen 52.36% since April 16, 2017 and is uptrending. It has outperformed by 40.81% the S&P500.

Merit Medical Systems, Inc. (NASDAQ:MMSI) Ratings Coverage

Among 5 analysts covering Merit Medical Systems (NASDAQ:MMSI), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Merit Medical Systems had 9 analyst reports since October 26, 2017 according to SRatingsIntel. As per Tuesday, January 2, the company rating was maintained by Canaccord Genuity. The company was maintained on Thursday, October 26 by Canaccord Genuity. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, November 16. The firm has “Outperform” rating given on Thursday, March 1 by Barrington Research. The firm earned “Buy” rating on Wednesday, February 28 by Piper Jaffray. On Thursday, November 30 the stock rating was maintained by Wells Fargo with “Buy”. The firm earned “Buy” rating on Tuesday, March 6 by SunTrust. On Thursday, March 1 the stock rating was maintained by Canaccord Genuity with “Buy”. The rating was maintained by SunTrust on Thursday, November 16 with “Buy”.

Merit Medical Systems, Inc. designs, develops, makes, and markets medical products for interventional and diagnostic procedures worldwide. The company has market cap of $2.27 billion. 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 has a 82 P/E ratio. It also provides vascular access products; guide wires, inflation devices, and diagnostic catheters for use in angiography procedures; therapeutic infusion systems and safety products; drainage catheters and drainage access products, support catheters, vascular retrieval devices, and dialysis access products; and embosphere microspheres and delivery systems, and microcatheters.

Merit Medical Systems, Inc. (NASDAQ:MMSI) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: