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Merit Medical Systems (MMSI) Competitors

$82.38
-1.18 (-1.41%)
(As of 06/7/2024 08:52 PM ET)

MMSI vs. CMD, NUVA, ATRC, SILK, COO, XRAY, HAE, NEOG, QDEL, and ICUI

Should you be buying Merit Medical Systems stock or one of its competitors? The main competitors of Merit Medical Systems include Cantel Medical (CMD), NuVasive (NUVA), AtriCure (ATRC), Silk Road Medical (SILK), Cooper Companies (COO), DENTSPLY SIRONA (XRAY), Haemonetics (HAE), Neogen (NEOG), QuidelOrtho (QDEL), and ICU Medical (ICUI). These companies are all part of the "medical" sector.

Merit Medical Systems vs.

Merit Medical Systems (NASDAQ:MMSI) and Cantel Medical (NYSE:CMD) are both mid-cap medical companies, but which is the better investment? We will compare the two businesses based on the strength of their community ranking, media sentiment, earnings, analyst recommendations, dividends, valuation, institutional ownership, profitability and risk.

Merit Medical Systems has a net margin of 7.94% compared to Cantel Medical's net margin of 4.72%. Merit Medical Systems' return on equity of 15.02% beat Cantel Medical's return on equity.

Company Net Margins Return on Equity Return on Assets
Merit Medical Systems7.94% 15.02% 8.83%
Cantel Medical 4.72%12.13%4.45%

Merit Medical Systems received 201 more outperform votes than Cantel Medical when rated by MarketBeat users. Likewise, 68.90% of users gave Merit Medical Systems an outperform vote while only 65.53% of users gave Cantel Medical an outperform vote.

CompanyUnderperformOutperform
Merit Medical SystemsOutperform Votes
412
68.90%
Underperform Votes
186
31.10%
Cantel MedicalOutperform Votes
211
65.53%
Underperform Votes
111
34.47%

Merit Medical Systems has higher revenue and earnings than Cantel Medical. Merit Medical Systems is trading at a lower price-to-earnings ratio than Cantel Medical, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Merit Medical Systems$1.26B3.81$94.41M$1.7447.34
Cantel Medical$1.02B3.52$13.71M$1.6548.71

Merit Medical Systems has a beta of 0.91, indicating that its share price is 9% less volatile than the S&P 500. Comparatively, Cantel Medical has a beta of 1.55, indicating that its share price is 55% more volatile than the S&P 500.

In the previous week, Merit Medical Systems had 3 more articles in the media than Cantel Medical. MarketBeat recorded 3 mentions for Merit Medical Systems and 0 mentions for Cantel Medical. Merit Medical Systems' average media sentiment score of 1.61 beat Cantel Medical's score of 0.00 indicating that Merit Medical Systems is being referred to more favorably in the media.

Company Overall Sentiment
Merit Medical Systems Very Positive
Cantel Medical Neutral

99.7% of Merit Medical Systems shares are held by institutional investors. Comparatively, 84.1% of Cantel Medical shares are held by institutional investors. 3.7% of Merit Medical Systems shares are held by company insiders. Comparatively, 10.7% of Cantel Medical shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Merit Medical Systems presently has a consensus price target of $92.78, suggesting a potential upside of 12.62%. Given Merit Medical Systems' higher probable upside, equities research analysts plainly believe Merit Medical Systems is more favorable than Cantel Medical.

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
Cantel Medical
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Summary

Merit Medical Systems beats Cantel Medical on 14 of the 17 factors compared between the two stocks.

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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$4.79B$3.91B$5.27B$8.17B
Dividend YieldN/A1.80%2.77%4.05%
P/E Ratio47.3415.23137.3818.10
Price / Sales3.8168.952,448.4577.66
Price / Cash17.0747.7935.7130.66
Price / Book3.964.254.994.32
Net Income$94.41M$4.50M$110.97M$216.21M
7 Day Performance1.52%-1.00%-1.09%-1.44%
1 Month Performance2.83%-1.01%-0.96%-0.97%
1 Year Performance-1.57%-18.07%4.12%4.10%

Merit Medical Systems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CMD
Cantel Medical
0 of 5 stars
$80.37
flat
N/AN/A$3.58B$1.02B69.283,669
NUVA
NuVasive
0 of 5 stars
$39.75
flat
$51.33
+29.1%
N/A$2.08B$1.23B79.503,000Analyst Forecast
ATRC
AtriCure
2.345 of 5 stars
$22.42
-0.7%
$49.78
+122.0%
-52.4%$1.07B$399.24M-28.021,200Positive News
SILK
Silk Road Medical
1.8664 of 5 stars
$20.83
-1.1%
$20.10
-3.5%
-34.8%$821.54M$177.13M-15.20474Positive News
COO
Cooper Companies
3.2359 of 5 stars
$94.38
-0.9%
$111.42
+18.1%
+9.1%$18.79B$3.59B55.4415,000Positive News
XRAY
DENTSPLY SIRONA
4.9794 of 5 stars
$27.69
-0.3%
$35.22
+27.2%
-27.9%$5.75B$3.97B-62.9315,000Positive News
HAE
Haemonetics
4.7642 of 5 stars
$85.61
-2.0%
$108.67
+26.9%
-2.9%$4.35B$1.31B37.383,657Positive News
NEOG
Neogen
2.7994 of 5 stars
$16.11
-0.6%
$22.50
+39.7%
-13.2%$3.49B$822.45M1,612.612,640
QDEL
QuidelOrtho
4.3354 of 5 stars
$41.67
-2.1%
$59.00
+41.6%
-50.8%$2.79B$3.00B-1.587,100
ICUI
ICU Medical
3.2825 of 5 stars
$112.17
+3.5%
$123.00
+9.7%
-40.6%$2.73B$2.26B-45.7814,000Positive News

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This page (NASDAQ:MMSI) was last updated on 6/10/2024 by MarketBeat.com Staff

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