Merit Medical Systems (MMSI) Competitors

$80.83
+0.72 (+0.90%)
(As of 05/10/2024 ET)

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 vs.

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Merit Medical Systems$1.26B3.74$94.41M$1.7446.45
Haemonetics$1.31B3.72$115.40M$2.2941.86

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.

Company Net Margins Return on Equity Return on Assets
Merit Medical Systems7.94% 15.02% 8.83%
Haemonetics 8.98%22.25%9.73%

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Merit Medical Systems
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Haemonetics
8 Very Positive mention(s)
5 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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.

CompanyUnderperformOutperform
Merit Medical SystemsOutperform Votes
412
68.90%
Underperform Votes
186
31.10%
HaemoneticsOutperform Votes
383
60.89%
Underperform Votes
246
39.11%

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Merit Medical Systems
0 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.89
Haemonetics
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50

Summary

Merit Medical Systems beats Haemonetics on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

This 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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MMSI vs. The Competition

MetricMerit Medical SystemsSurgical & medical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$4.70B$3.89B$5.09B$7.80B
Dividend YieldN/A2.02%37.43%3.92%
P/E Ratio46.4510.85138.4516.31
Price / Sales3.7470.962,421.7175.22
Price / Cash16.6045.5447.7735.71
Price / Book3.794.545.314.38
Net Income$94.41M$4.46M$106.18M$217.54M
7 Day Performance2.36%-2.25%-0.88%-0.14%
1 Month Performance9.87%-3.57%-3.03%-1.62%
1 Year Performance-3.75%7.03%4.22%8.90%

Merit Medical Systems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HAE
Haemonetics
3.9928 of 5 stars
$92.05
+0.6%
$104.67
+13.7%
+15.4%$4.68B$1.17B37.423,034Earnings Report
Analyst Forecast
Insider Selling
Analyst Revision
News Coverage
ICUI
ICU Medical
3.8781 of 5 stars
$97.92
+0.5%
$123.00
+25.6%
-48.5%$2.39B$2.26B-79.6114,000Insider Selling
GKOS
Glaukos
3.4121 of 5 stars
$96.06
-1.2%
$99.80
+3.9%
+86.7%$4.82B$314.71M-34.55907Short Interest ↑
IRTC
iRhythm Technologies
1.2514 of 5 stars
$109.58
+0.9%
$135.11
+23.3%
-22.6%$3.41B$492.68M-27.062,000
AXNX
Axonics
3.5557 of 5 stars
$66.57
-0.5%
$70.73
+6.2%
+17.9%$3.40B$366.38M-512.04797Short Interest ↓
Positive News
PRCT
PROCEPT BioRobotics
0.5378 of 5 stars
$52.98
+1.8%
$46.00
-13.2%
+112.0%$2.72B$136.19M-23.65626
TNDM
Tandem Diabetes Care
3.5 of 5 stars
$36.69
-1.0%
$40.82
+11.3%
+33.2%$2.37B$747.72M-10.672,400Positive News
IART
Integra LifeSciences
4.9832 of 5 stars
$29.17
-0.2%
$44.89
+53.9%
-48.1%$2.29B$1.54B35.143,946Earnings Report
Analyst Downgrade
Short Interest ↓
Gap Down
NARI
Inari Medical
3.1001 of 5 stars
$37.34
-1.6%
$73.71
+97.4%
-37.5%$2.16B$493.63M-1,244.671,300
GMED
Globus Medical
4.4362 of 5 stars
$49.79
-1.6%
$66.33
+33.2%
+12.8%$6.74B$1.02B42.565,000Earnings Report
Analyst Forecast
Insider Selling
Short Interest ↑
Analyst Revision
News Coverage

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This page (NASDAQ:MMSI) was last updated on 5/11/2024 by MarketBeat.com Staff

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