WallStreetZenWallStreetZen

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
$70.00+0.26%
Avg Forecast
$84.75+21.38%
Max Forecast
$96.00+37.5%

Should I buy or sell MMSI stock?

Based on 4 analysts offering ratings for Merit Medical Systems Inc.
Buy
Strong Buy
1 analysts 25%
Buy
2 analysts 50%
Hold
1 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their MMSI stock forecasts and price targets.

MMSI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-10-27
lockedlocked$00.00+00.00%2023-10-27
lockedlocked$00.00+00.00%2023-08-28
lockedlocked$00.00+00.00%2023-07-21

1 of 1

Forecast return on equity

Is MMSI forecast to generate an efficient return?
Company
N/A
Industry
13.47%
Market
39.07%

Forecast return on assets

Is MMSI forecast to generate an efficient return on assets?
Company
N/A
Industry
7.64%

MMSI revenue forecast

What is MMSI's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$1.2B+1.75%
Avg 2 year Forecast
$1.3B+7.78%
Avg 3 year Forecast
$1.4B+12.45%
MMSI's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MMSI earnings growth forecast

How is MMSI forecast to perform vs Medical Instruments & Supplies companies and vs the US market?
Company
33.91%
Industry
43.36%
Market
21.56%
MMSI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MMSI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MMSI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MMSI revenue growth forecast

How is MMSI forecast to perform vs Medical Instruments & Supplies companies and vs the US market?
Company
3.62%
Industry
5.55%
Market
6.64%
MMSI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MMSI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MMSI vs Medical Stocks

TickerPricePrice TargetUp/downsideConsensus
MMSI$69.82$84.75+21.38%Buy
NVST$23.45$34.00+44.99%Strong Buy
AZTA$57.60$61.50+6.77%Buy
HAE$84.84$99.50+17.28%Buy
BLCO$15.66$20.43+30.45%Buy
View Top Medical Stocks

Merit Medical Systems Stock Forecast FAQ

Is Merit Medical Systems Stock a good buy in 2023, 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, 1 (25%) are recommending MMSI as a Strong Buy, 2 (50%) 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.

If you're new to stock investing, here's how to buy Merit Medical Systems stock.

What is MMSI's revenue growth forecast for 2023-2025?

(NASDAQ: MMSI) Merit Medical Systems's forecast annual revenue growth rate of 3.62% is not forecast to beat the US Medical Instruments & Supplies industry's average forecast revenue growth rate of 5.55%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.64%.

Merit Medical Systems's revenue in 2023 is $1,226,266,000.On average, 5 Wall Street analysts forecast MMSI's revenue for 2023 to be $72,056,117,694, with the lowest MMSI revenue forecast at $72,007,318,554, and the highest MMSI revenue forecast at $72,184,323,720. On average, 5 Wall Street analysts forecast MMSI's revenue for 2024 to be $76,327,226,363, with the lowest MMSI revenue forecast at $74,960,099,676, and the highest MMSI revenue forecast at $77,298,993,387.

In 2025, MMSI is forecast to generate $79,631,650,048 in revenue, with the lowest revenue forecast at $78,795,307,857 and the highest revenue forecast at $80,543,414,342.

What is MMSI's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: MMSI) forecast ROA is N/A, which is lower than the forecast US Medical Instruments & Supplies industry average of 7.64%.

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 $84.75, with the highest MMSI stock price forecast at $96.00 and the lowest MMSI stock price forecast at $70.00.

On average, Wall Street analysts predict that Merit Medical Systems's share price could reach $84.75 by Oct 27, 2024. The average Merit Medical Systems stock price prediction forecasts a potential upside of 21.38% from the current MMSI share price of $69.82.

What is MMSI's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: MMSI) forecast ROE is N/A, which is considered weak.
©2023 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.