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NASDAQ: MMSI
MERIT MEDICAL SYSTEMS INC Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for MMSI

Based on 3 analysts offering 12 month price targets for MERIT MEDICAL SYSTEMS INC.
Min Forecast
$72.00+20.12%
Avg Forecast
$73.00+21.79%
Max Forecast
$74.00+23.46%

Should I buy or sell MMSI stock?

Based on 3 analysts offering ratings for MERIT MEDICAL SYSTEMS INC.
Buy
Strong Buy
0 analysts 0%
Buy
2 analysts 66.67%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

MMSI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Raymond James
Bottom 20%
20
BuyMaintains$72.00+20.12%2022-02-25
Needham
Bottom 1%
1
BuyMaintains$73.00+21.79%2022-02-25
Wells Fargo
Bottom 12%
12
HoldMaintains$74.00+23.46%2021-10-29

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Forecast return on equity

Is MMSI forecast to generate an efficient return?
Company
16.58%
Industry
18.26%
Market
39.88%
MMSI's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MMSI forecast to generate an efficient return on assets?
Company
10.75%
Industry
11.08%
MMSI is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MMSI earnings per share forecast

What is MMSI's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$2.50+194.12%
Avg 2 year Forecast
$2.78+227.06%
Avg 3 year Forecast
$3.09+263.53%
MMSI's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth 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+2.52%
Avg 2 year Forecast
$1.2B+7.93%
Avg 3 year Forecast
$1.2B+12.94%
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
81.13%
Industry
27.69%
Market
16.61%
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
3.83%
Industry
6.45%
Market
8.44%
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$59.94$73.00+21.79%Buy
HAE$60.17$71.50+18.83%Buy
STAA$59.64$106.00+77.73%Strong Buy
IRTC$133.01$160.22+20.46%Strong Buy
ICUI$181.14$250.00+38.01%Strong Buy
View Top Medical Stocks

MERIT MEDICAL SYSTEMS Stock Forecast FAQ

Is MERIT MEDICAL SYSTEMS Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: MMSI) stock is to Buy MMSI stock.

Out of 3 analysts, 0 (0%) are recommending MMSI as a Strong Buy, 2 (66.67%) are recommending MMSI as a Buy, 1 (33.33%) 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 2022-2024?

(NASDAQ: MMSI) MERIT MEDICAL SYSTEMS's forecast annual earnings growth rate of 81.13% is forecast to beat the US Medical Instruments & Supplies industry's average forecast earnings growth rate of 27.69%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 16.61%.

MERIT MEDICAL SYSTEMS's earnings in 2022 is $48,041,000.On average, 4 Wall Street analysts forecast MMSI's earnings for 2022 to be $141,701,365, with the lowest MMSI earnings forecast at $140,567,754, and the highest MMSI earnings forecast at $141,701,365. On average, 4 Wall Street analysts forecast MMSI's earnings for 2023 to be $157,571,918, with the lowest MMSI earnings forecast at $154,737,891, and the highest MMSI earnings forecast at $159,839,140.

In 2024, MMSI is forecast to generate $175,142,887 in earnings, with the lowest earnings forecast at $173,442,471 and the highest earnings forecast at $176,276,498.

What is MMSI's revenue growth forecast for 2022-2024?

(NASDAQ: MMSI) MERIT MEDICAL SYSTEMS's forecast annual revenue growth rate of 3.83% is not forecast to beat the US Medical Instruments & Supplies industry's average forecast revenue growth rate of 6.45%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.44%.

MERIT MEDICAL SYSTEMS's revenue in 2022 is $1,101,253,000.On average, 4 Wall Street analysts forecast MMSI's revenue for 2022 to be $63,991,599,587, with the lowest MMSI revenue forecast at $63,944,157,970, and the highest MMSI revenue forecast at $64,048,450,175. On average, 4 Wall Street analysts forecast MMSI's revenue for 2023 to be $67,366,926,101, with the lowest MMSI revenue forecast at $67,051,385,502, and the highest MMSI revenue forecast at $67,554,141,945.

In 2024, MMSI is forecast to generate $70,499,263,115 in revenue, with the lowest revenue forecast at $69,856,505,723 and the highest revenue forecast at $71,142,020,506.

What is MMSI's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: MMSI) forecast ROA is 10.75%, which is lower than the forecast US Medical Instruments & Supplies industry average of 11.08%.

What is MMSI's Price Target?

According to 3 Wall Street analysts that have issued a 1 year MMSI price target, the average MMSI price target is $73.00, with the highest MMSI stock price forecast at $74.00 and the lowest MMSI stock price forecast at $72.00.

On average, Wall Street analysts predict that MERIT MEDICAL SYSTEMS's share price could reach $73.00 by Feb 25, 2023. The average MERIT MEDICAL SYSTEMS stock price prediction forecasts a potential upside of 21.79% from the current MMSI share price of $59.94.

What is MMSI's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: MMSI) MERIT MEDICAL SYSTEMS's current Earnings Per Share (EPS) is $0.85. On average, analysts forecast that MMSI's EPS will be $2.50 for 2022, with the lowest EPS forecast at $2.48, and the highest EPS forecast at $2.50. On average, analysts forecast that MMSI's EPS will be $2.78 for 2023, with the lowest EPS forecast at $2.73, and the highest EPS forecast at $2.82. In 2024, MMSI's EPS is forecast to hit $3.09 (min: $3.06, max: $3.11).

What is MMSI's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: MMSI) forecast ROE is 16.58%, which is considered weak.
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