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MMSI · Merit Medical Systems Inc

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$90.76 +0.26 (+0.29%) At close · Aug 14
Market Cap
$5.42B
Shares
59.71M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$90.76 Open$90.86 Day$89.99–90.98 52W close$60.31–93.18 Avg vol 30d1.0M Short int3.7M · 6.3% float · 3.7d Short vol61% Last earningsJul 30, 2026 DataJan 2020–Aug 2026 Filing10-Q · Jul 30

Up next

Next earnings call
Oct 30, 2026 Est · unconfirmed · in 11 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed Jul 30, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Buy
      SellHoldBuy
      Technical Buy Momentum Strong Sentiment Bearish Fundamentals Strong Quant / Vol Moderate
      Market backdrop VIX 14.3 · calm Equity put/call 0.52
      Technical
      price trend
      Buy
      50 / 200-day cross No cross
      Price vs 200-day avg +19%
      above
      Price vs 50-day avg +21%
      above
      RSI (14) 81
      overbought
      MACD trend Positive
      52-week position 93%
      near high
      Volume (OBV) Confirms
      volume backs price
      Momentum
      relative strength
      Strong
      1-month return +23%
      trailing
      6-month return +11%
      trailing
      YTD return +3%
      this year
      Relative strength −3%
      vs S&P · 6-mo
      Sentiment
      smart money
      Bearish
      Trend (MA cross) No cross
      50d $75 › 200d $76 — 200d above 50d
      Institutional flow Distributing
      -2% holders QoQ · +62 funds added
      Insider flow Distributing
      Net -$1.8M over 90 days · 100% sells
      Short interest Rising
      6.26% of float · ▲ +8.7% MoM · 3.7 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      395 holders — near 3-yr high, broad support
      Squeeze score 66
      elevated · 0–100
      Fundamentals
      Strong
      Revenue growth +12%
      Y/Y
      Gross margin 49%
      expanding
      EPS growth +5%
      Y/Y
      Free cash flow $215.7M
      Valuation P/E 37.4
      in line
      Balance sheet $298.9M
      net debt
      Quant / Vol
      risk profile
      Moderate
      Volatility 30%
      annualized · 1-yr
      Max drawdown −35%
      past year
      ATR 2.7%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Latest guidance · from the 8-K filed Feb 24, 2026
      Non-GAAP Earnings Per Share · Year Ending December 31, 2026 $4.01 – $4.15
      Total Revenue · Year Ending December 31, 2026 $1.61B – $1.63B
      2026 Net Sales Guidance - % Change from Prior Year (GAAP) · Year Ending December 31, 2026 6.2% – 7.5%
      2026 Net Sales Guidance - % Change from Prior Year (Constant Cur · Year Ending December 31, 2026 5.4% – 6.7%
      Prior guidance period ended · from the Earnings Call filed Mar 31, 2024
      Total revenue year-over-year (GAAP) · second quarter of 2024 4% – 5%
      Total revenue year-over-year (constant currency) · second quarter of 2024 4.7% – 5.8%
      Non-GAAP operating margin · second quarter of 2024 19.6% – 19.9%
      Non-GAAP EPS · second quarter of 2024 $0.87 – $0.90

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Buy
      1 · 2 · 4
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      +19% Bullish
      Price vs 50-day avg
      +21% Bullish
      RSI (14)
      81 Bearish
      MACD trend
      Positive Bullish
      52-week position
      93% Bullish
      Volume (OBV)
      Confirms Neutral
      Market signals — smart money & positioning
      Bearish · 3 of 6
      Trend (MA cross) No cross
      50d $75 › 200d $76 — 200d above 50d
      Institutional flow Distributing
      -2% holders QoQ · +62 funds added
      Insider flow Distributing
      Net -$1.8M over 90 days · 100% sells
      Short interest Rising
      6.26% of float · ▲ +8.7% MoM · 3.7 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      395 holders — near 3-yr high, broad support
      Price context
      position in its 52-week range
      Range low $60 Now $91 · 93% Range high $93
      vs 200-day avg +19% vs 50-day avg +21%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from written earnings releases and filings
      Metric Latest Period YoY
      Constant currency revenue growth non-GAAP 9% second quarter 2026
      Constant currency revenue, organic growth non-GAAP 9% second quarter 2026
      Free cash flow non-GAAP $76.6M six months ended June 30, 2026
      GAAP → non-GAAP reconciliation
      GAAP Reported Cash Flow from Operations 109.96M
      -33.34M Capital Expenditures
      = Free Cash Flow 76.62M
      Non-GAAP EPS non-GAAP $1.19 second quarter 2026
      Non-GAAP gross margin non-GAAP 55.8% second quarter 2026
      GAAP → non-GAAP reconciliation
      GAAP Reported Gross Margin $51.4
      +$4.5 Amortization of intangibles
      +$0 Inventory mark-up related to acquisitions
      = Non-GAAP Gross Margin $55.8
      Non-GAAP operating margin non-GAAP 22.6% second quarter 2026

      Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

      Versus peers

      Medical Instruments & Supplies — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      MMSI
      Merit Medical Systems Inc
      this stock
      $5.42B +3.0% +11.8% 37.4 6.3%
      ISRG
      Intuitive Surgical Inc
      $139.37B -30.3% +20.5% 45.3 1.9%
      BDX
      Becton Dickinson & Co
      $49.96B +8.2% 3.7%
      MDLN
      Medline Inc.
      $46.99B -14.9% +11.5% 2.6%
      ALC
      Alcon Inc
      $35.89B -5.8% +10.5% 2.8%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      395
      % held
      106.0%
      Net QoQ
      +3.0M sh
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      401
      View
      Short & Settlement
      Short Interest Rising
      Shares short
      3.7M
      Days to cover
      3.7d
      Change
      +298.6K sh
      View
      Short Volume
      Short vol %
      61%
      As of
      Aug 14, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      41
      Value
      $2.8K
      As of
      Jul 1, 2026
      View
      Off-Exchange
      Off-exchange %
      47.1%
      Week of
      Jul 6, 2026
      Off-exch Lit
      View
      Smart Money
      Insider Trades Net selling
      Net (90d)
      -$1.8M
      Buyers / Sellers
      0 / 1
      Buyers Sellers
      View
      Congressional Trades Sell
      Member
      Lisa McClain
      Amount
      $1.0K–$15.0K
      Traded
      Sep 25, 2025
      View
      Financials
      Financials
      Revenue (FY)
      $1.5B
      Net income (FY)
      $128.5M
      EPS diluted
      $2.13
      View
      Buybacks
      Authorized
      shares 1.4M
      View
      Filings
      SEC Filings
      Latest
      Investor Event Transcript
      Filed
      Aug 11, 2026
      This year
      13
      View
      Proposed Sales
      Value
      $1.8M
      Shares
      21.4K
      Filed
      Aug 4, 2026
      View
      Earnings & Events
      Earnings Calls
      Last call
      Aug 11, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      MMSI +1.9% +22.7% +11.2% +6.8% +3.0%
      SPY +0.4% +4.5% +13.8% +3.9% +13.9%
      vs SPY +1.5% +18.2% -2.6% +2.8% -10.9%

      Capital returns

      Buyback program · as of Apr 30, 2007
      Authorized
      shares 1.40M
      Spent (derived)
      Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 856982 CUSIP 589889104 13F (30d) 364 filings 360 filers Visit website