MMSI vs. HAE, ICUI, GKOS, IRTC, AXNX, PRCT, TNDM, IART, NARI, and GMED
Should you be buying Merit Medical Systems stock or one of its competitors? The main competitors of Merit Medical Systems include Haemonetics (HAE), ICU Medical (ICUI), Glaukos (GKOS), iRhythm Technologies (IRTC), Axonics (AXNX), PROCEPT BioRobotics (PRCT), Tandem Diabetes Care (TNDM), Integra LifeSciences (IART), Inari Medical (NARI), and Globus Medical (GMED). These companies are all part of the "surgical & medical instruments" industry.
Merit Medical Systems (NASDAQ:MMSI) and Haemonetics (NYSE:HAE) are both mid-cap medical companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, media sentiment, community ranking, risk, earnings, institutional ownership, analyst recommendations, valuation and profitability.
Haemonetics has higher revenue and earnings than Merit Medical Systems. Haemonetics is trading at a lower price-to-earnings ratio than Merit Medical Systems, indicating that it is currently the more affordable of the two stocks.
Haemonetics has a net margin of 8.98% compared to Merit Medical Systems' net margin of 7.94%. Haemonetics' return on equity of 22.25% beat Merit Medical Systems' return on equity.
In the previous week, Haemonetics had 19 more articles in the media than Merit Medical Systems. MarketBeat recorded 29 mentions for Haemonetics and 10 mentions for Merit Medical Systems. Merit Medical Systems' average media sentiment score of 0.89 beat Haemonetics' score of 0.67 indicating that Merit Medical Systems is being referred to more favorably in the media.
Merit Medical Systems has a beta of 0.91, indicating that its stock price is 9% less volatile than the S&P 500. Comparatively, Haemonetics has a beta of 0.34, indicating that its stock price is 66% less volatile than the S&P 500.
Merit Medical Systems received 29 more outperform votes than Haemonetics when rated by MarketBeat users. Likewise, 68.90% of users gave Merit Medical Systems an outperform vote while only 60.89% of users gave Haemonetics an outperform vote.
99.7% of Merit Medical Systems shares are held by institutional investors. Comparatively, 99.7% of Haemonetics shares are held by institutional investors. 3.7% of Merit Medical Systems shares are held by company insiders. Comparatively, 1.8% of Haemonetics shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Merit Medical Systems currently has a consensus target price of $92.78, suggesting a potential upside of 14.78%. Haemonetics has a consensus target price of $108.67, suggesting a potential upside of 13.36%. Given Merit Medical Systems' stronger consensus rating and higher possible upside, equities analysts plainly believe Merit Medical Systems is more favorable than Haemonetics.
Summary
Merit Medical Systems beats Haemonetics on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding MMSI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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