$0.32 EPS Expected for Merit Medical Systems, Inc. (MMSI)
February 23, 2018 – By Louis Casey
Investors sentiment decreased to 1.28 in 2017 Q3. Its down 0.21, from 1.49 in 2017Q2. It is negative, as 14 investors sold Merit Medical Systems, Inc. shares while 71 reduced holdings. 44 funds opened positions while 65 raised stakes. 44.33 million shares or 0.69% more from 44.02 million shares in 2017Q2 were reported.
Renaissance Technology owns 137,612 shares. Moreover, Tower Research Capital Ltd Liability Company (Trc) has 0.02% invested in Merit Medical Systems, Inc. (NASDAQ:MMSI). 1,500 were accumulated by Loring Wolcott & Coolidge Fiduciary Llp Ma. D E Shaw reported 45,267 shares. Guggenheim Cap Ltd Liability Corp accumulated 34,920 shares. 6.26M were accumulated by Blackrock. Victory Capital owns 6,955 shares. Sawgrass Asset Mgmt Ltd Llc holds 0.07% or 31,915 shares in its portfolio. Royal Bank & Trust Of Canada invested in 11,070 shares or 0% of the stock. Valley Natl Advisers accumulated 0.01% or 595 shares. Hodges Capital Mgmt accumulated 336,550 shares. Jefferies Gru Limited Liability Co reported 8,738 shares. Aqr Capital Mngmt Ltd Limited Liability Company holds 55,951 shares. State Common Retirement Fund owns 52,100 shares. Ahl Prtn Limited Liability Partnership holds 24,090 shares.
Since September 11, 2017, it had 0 buys, and 3 sales for $517,063 activity.
Analysts expect Merit Medical Systems, Inc. (NASDAQ:MMSI) to report $0.32 EPS on February, 28 after the close.They anticipate $0.01 EPS change or 3.23 % from last quarter’s $0.31 EPS. MMSI’s profit would be $16.06M giving it 35.70 P/E if the $0.32 EPS is correct. After having $0.32 EPS previously, Merit Medical Systems, Inc.’s analysts see 0.00 % EPS growth. The stock decreased 0.33% or $0.15 during the last trading session, reaching $45.7. About 291,832 shares traded. Merit Medical Systems, Inc. (NASDAQ:MMSI) has risen 81.84% since February 23, 2017 and is uptrending. It has outperformed by 65.14% the S&P500.
Merit Medical Systems, Inc. (NASDAQ:MMSI) Ratings Coverage
Among 8 analysts covering Merit Medical (NASDAQ:MMSI), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Merit Medical had 18 analyst reports since October 23, 2015 according to SRatingsIntel. As per Thursday, October 26, the company rating was maintained by Canaccord Genuity. Canaccord Genuity initiated Merit Medical Systems, Inc. (NASDAQ:MMSI) on Tuesday, July 19 with “Buy” rating. The stock has “Outperform” rating by Raymond James on Monday, August 28. Canaccord Genuity maintained the shares of MMSI in report on Sunday, October 8 with “Buy” rating. Canaccord Genuity maintained Merit Medical Systems, Inc. (NASDAQ:MMSI) on Tuesday, January 2 with “Buy” rating. SunTrust maintained it with “Buy” rating and $47.0 target in Thursday, November 16 report. Wells Fargo maintained the stock with “Buy” rating in Thursday, November 30 report. As per Thursday, November 16, the company rating was maintained by Canaccord Genuity. The firm earned “Mkt Perform” rating on Friday, October 23 by Barrington Research. Bank of America initiated the stock with “Buy” rating in Thursday, July 20 report.
Merit Medical Systems, Inc. designs, develops, makes, and markets medical products for interventional and diagnostic procedures worldwide. The company has market cap of $2.29 billion. The company's Cardiovascular segment offers cardiology and radiology devices for diagnosing and treating coronary arterial, peripheral vascular, and other non-vascular diseases; and embolotherapeutic products. It has a 77.85 P/E ratio. It also provides vascular access products; guide wires, inflation devices, and diagnostic catheters for use in angiography procedures; therapeutic infusion systems and safety products; drainage catheters and drainage access products, support catheters, vascular retrieval devices, and dialysis access products; and embosphere microspheres and delivery systems, and microcatheters.
More recent Merit Medical Systems, Inc. (NASDAQ:MMSI) news were published by: Globenewswire.com which released: “Merit Medical Closes Deal With BD for Purchase of Divestment Assets” on February 15, 2018. Also Globenewswire.com published the news titled: “Merit Medical Systems to Announce Fourth Quarter and Year End Results on …” on February 12, 2018. Globenewswire.com‘s news article titled: “Merit Medical to Participate at Six Conferences” with publication date: February 22, 2018 was also an interesting one.
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