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NASDAQ: MMSI
Merit Medical Systems Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for MMSI

Based on 4 analysts offering 12 month price targets for Merit Medical Systems Inc.
Min Forecast
$60.00-16.97%
Avg Forecast
$71.00-1.74%
Max Forecast
$83.00+14.86%

Should I buy or sell MMSI stock?

Based on 4 analysts offering ratings for Merit Medical Systems Inc.
Buy
Strong Buy
0 analysts 0%
Buy
3 analysts 75%
Hold
1 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

MMSI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Raymond James
Top 8%
93
BuyMaintains$73.00+1.02%2021-07-30
Wells Fargo
Bottom 7%
7
HoldMaintains$68.00-5.90%2021-07-30
Needham
Top 7%
94
BuyMaintains$83.00+14.86%2021-07-30
Anonymous
Raymond James
BuyMaintains$60.00-16.97%2020-11-11

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Forecast return on equity

Is MMSI forecast to generate an efficient return?
Company
15.59%
Industry
18.2%
Market
1,975.18%
MMSI's Return on Equity is forecast to be low in 3 years (15.59%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is MMSI forecast to generate an efficient return on assets?
Company
9.42%
Industry
11.22%
Market
951.37%
MMSI is forecast to generate lower Return on Assets (9.42%) than the US Medical Instruments & Supplies industry average (11.22%)
Forecast

MMSI earnings per share forecast

What is MMSI's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$2.14+311.54%
Avg 2 year Forecast
$2.42+365.38%
Avg 3 year Forecast
$2.75+428.85%
MMSI's earnings are forecast to grow at an exceptional rate of 116.32% per year
Forecast

MMSI revenue forecast

What is MMSI's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$1.1B+3.29%
Avg 2 year Forecast
$1.1B+8.67%
Avg 3 year Forecast
$1.2B+13.84%
MMSI's revenue is forecast to grow at a rate of 4.22% per year, which is not exceptional
Forecast

MMSI earnings growth forecast

How is MMSI forecast to perform vs Medical Instruments & Supplies companies and vs the US market?
Company
116.32%
Industry
30.14%
Market
22.98%
MMSI's earnings are forecast to grow faster (116.32% per year) than the US Medical Instruments & Supplies industry average (30.14%)
Forecast
MMSI's earnings are forecast to grow faster (116.32% per year) than the US market average (22.98%)
Forecast
MMSI's earnings are forecast to grow faster (116.32% per year) than the risk-free savings rate (1.5%)
Forecast

MMSI revenue growth forecast

How is MMSI forecast to perform vs Medical Instruments & Supplies companies and vs the US market?
Company
4.22%
Industry
7.44%
Market
14.66%
MMSI's revenues are forecast to grow slower (4.22% per year) than the US Medical Instruments & Supplies industry average (7.44%)
Forecast
MMSI's revenues are forecast to grow slower (4.22% per year) than the US market average (14.66%)
Forecast

Merit Medical Systems Stock Forecast FAQ

Is Merit Medical Systems Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: MMSI) stock is to Buy MMSI stock.

Out of 4 analysts, 0 (0%) are recommending MMSI as a Strong Buy, 3 (75%) are recommending MMSI as a Buy, 1 (25%) are recommending MMSI as a Hold, 0 (0%) are recommending MMSI as a Sell, and 0 (0%) are recommending MMSI as a Strong Sell.

What is MMSI's earnings growth forecast for 2021-2023?

(NASDAQ: MMSI) Merit Medical Systems's forecast annual earnings growth rate of 116.32% is forecast to beat the US Medical Instruments & Supplies industry's average forecast earnings growth rate of 30.14%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 22.98%.

Merit Medical Systems's earnings in 2021 is $28,243,000.On average, 5 Wall Street analysts forecast MMSI's earnings for 2021 to be $120,418,921, with the lowest MMSI earnings forecast at $119,293,511, and the highest MMSI earnings forecast at $122,669,742. On average, 5 Wall Street analysts forecast MMSI's earnings for 2022 to be $136,174,668, with the lowest MMSI earnings forecast at $132,235,731, and the highest MMSI earnings forecast at $138,425,489.

In 2023, MMSI is forecast to generate $154,743,941 in earnings, with the lowest earnings forecast at $149,116,889 and the highest earnings forecast at $159,808,288.

What is MMSI's revenue growth forecast for 2021-2023?

(NASDAQ: MMSI) Merit Medical Systems's forecast annual revenue growth rate of 4.22% is not forecast to beat the US Medical Instruments & Supplies industry's average forecast revenue growth rate of 7.44%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.66%.

Merit Medical Systems's revenue in 2021 is $1,031,217,000.On average, 4 Wall Street analysts forecast MMSI's revenue for 2021 to be $59,939,080,812, with the lowest MMSI revenue forecast at $59,896,033,861, and the highest MMSI revenue forecast at $59,984,378,584. On average, 4 Wall Street analysts forecast MMSI's revenue for 2022 to be $63,057,030,547, with the lowest MMSI revenue forecast at $62,663,980,937, and the highest MMSI revenue forecast at $63,309,966,552.

In 2023, MMSI is forecast to generate $66,058,781,650 in revenue, with the lowest revenue forecast at $65,597,363,353 and the highest revenue forecast at $66,520,199,947.

What is MMSI's forecast return on assets (ROA) for 2021-2023?

(NASDAQ: MMSI) forecast ROA is 9.42%, which is lower than the forecast US Medical Instruments & Supplies industry average of 11.22%.

What is MMSI's Price Target?

According to 4 Wall Street analysts that have issued a 1 year MMSI price target, the average MMSI price target is $71.00, with the highest MMSI stock price forecast at $83.00 and the lowest MMSI stock price forecast at $60.00.

On average, Wall Street analysts predict that Merit Medical Systems's share price could stay at $71.00 by Jul 30, 2022. The average Merit Medical Systems stock price prediction forecasts a potential downside of N/A from the current MMSI share price of $72.26.

What is MMSI's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: MMSI) Merit Medical Systems's current Earnings Per Share (EPS) is $0.52. On average, analysts forecast that MMSI's EPS will be $2.14 for 2021, with the lowest EPS forecast at $2.12, and the highest EPS forecast at $2.18. On average, analysts forecast that MMSI's EPS will be $2.42 for 2022, with the lowest EPS forecast at $2.35, and the highest EPS forecast at $2.46. In 2023, MMSI's EPS is forecast to hit $2.75 (min: $2.65, max: $2.84).

What is MMSI's forecast return on equity (ROE) for 2021-2023?

(NASDAQ: MMSI) forecast ROE is 15.59%, which is considered weak.
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