Last 7 days
4.6%
Last 30 days
1.8%
Last 90 days
-16.3%
Trailing 12 Months
20.9%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-08-25 | LAMPROPOULOS FRED P | sold (taxes) | -9,094,570 | 67.19 | -135,356 | president and ceo |
2023-08-25 | LAMPROPOULOS FRED P | sold (taxes) | -245,915 | 67.19 | -3,660 | president and ceo |
2023-08-25 | LAMPROPOULOS FRED P | acquired | 5,640,000 | 28.2 | 200,000 | president and ceo |
2023-08-25 | LAMPROPOULOS FRED P | acquired | 169,200 | 28.2 | 6,000 | president and ceo |
2023-08-22 | Peterson Neil | acquired | 225,600 | 28.2 | 8,000 | chief operating officer |
2023-08-22 | Peterson Neil | sold | -543,288 | 67.911 | -8,000 | chief operating officer |
2023-08-14 | ANDERSON A SCOTT | gifted | - | - | -2,820 | - |
2023-08-09 | ANDERSON A SCOTT | acquired | 1,262,500 | 50.5 | 25,000 | - |
2023-08-09 | ANDERSON A SCOTT | sold | -1,539,290 | 69.4 | -22,180 | - |
2023-05-18 | Ward Lynne | acquired | - | - | 2,262 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | new | - | 1,422 | 1,422 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | added | 1.53 | 215,016 | 1,664,440 | 0.02% |
2023-08-22 | COMERICA BANK | sold off | - | - | - | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 82.4 | 1,162,290 | 2,255,850 | -% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 5.72 | 252,000 | 1,540,000 | 0.01% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -1.89 | 574,402 | 5,810,140 | 0.01% |
2023-08-18 | Legato Capital Management LLC | new | - | 433,255 | 433,255 | 0.06% |
2023-08-16 | CreativeOne Wealth, LLC | new | - | 1,040,000 | 1,040,000 | 0.03% |
2023-08-16 | Nuveen Asset Management, LLC | added | 0.97 | 5,987,770 | 48,167,800 | 0.02% |
2023-08-16 | CASTLEARK MANAGEMENT LLC | added | 40.45 | 2,212,180 | 5,971,060 | 0.27% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 15, 2023 | arrowmark colorado holdings llc | 4.42% | 2,517,226 | SC 13G/A | |
Feb 09, 2023 | william blair investment management, llc | 6.6% | 3,729,980 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 11.99% | 6,824,344 | SC 13G/A | |
Jan 26, 2023 | blackrock inc. | 17.0% | 9,670,688 | SC 13G/A | |
Jan 20, 2023 | blackrock inc. | 17.0% | 9,670,688 | SC 13G/A | |
Feb 14, 2022 | arrowmark colorado holdings llc | 5.51% | 3,111,000 | SC 13G/A | |
Feb 10, 2022 | william blair investment management, llc | 5.9% | 3,357,638 | SC 13G/A | |
Feb 10, 2022 | vanguard group inc | 10.16% | 5,737,781 | SC 13G/A | |
Jan 27, 2022 | blackrock inc. | 14.8% | 8,334,516 | SC 13G/A | |
Jan 25, 2022 | blackrock inc. | 14.8% | 8,334,516 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Aug 29, 2023 | 4 | Insider Trading | |
Aug 23, 2023 | 4 | Insider Trading | |
Aug 14, 2023 | 4 | Insider Trading | |
Aug 11, 2023 | 4 | Insider Trading | |
Aug 09, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 07, 2023 | 144 | Notice of Insider Sale Intent | |
Jul 28, 2023 | 10-Q | Quarterly Report | |
Jul 25, 2023 | 8-K | Current Report | |
Jun 29, 2023 | 11-K | Employee Benefit Details |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
SYK | 111.5B | 19.5B | 5.69% | 32.97% | 41.17 | 5.73 | 10.36% | 30.30% |
ISRG | 105.3B | 6.7B | 4.79% | 48.19% | 73.87 | 15.8 | 11.75% | -0.66% |
BSX | 76.7B | 13.4B | 5.66% | 28.78% | 84.09 | 5.72 | 8.69% | 3.17% |
BDX | 71.3B | 19.0B | -2.82% | 6.66% | 44.09 | 3.79 | 0.46% | -5.24% |
EW | 44.4B | 5.7B | -4.65% | -17.80% | 31.95 | 7.85 | 5.64% | -4.53% |
MID-CAP | ||||||||
PEN | 10.1B | 937.8M | 4.57% | 35.10% | 345.61 | 10.73 | 16.30% | 250.21% |
SWAV | 7.7B | 616.6M | -5.28% | -28.68% | 31.46 | 12.45 | 69.52% | 343.68% |
GMED | 5.3B | 1.1B | -3.27% | -11.90% | 25.4 | 4.87 | 12.63% | 50.85% |
IRTC | 2.9B | 452.1M | -15.03% | -38.95% | -28.79 | 6.32 | 24.99% | 24.09% |
TNDM | 1.4B | 790.3M | -24.48% | -59.71% | -6.39 | 1.81 | 3.21% | -1604.53% |
SMALL-CAP | ||||||||
ATEC | 1.6B | 421.8M | -7.15% | 55.58% | -9.77 | 3.87 | 44.49% | -2.43% |
AVNS | 959.6M | 780.7M | -7.16% | -11.41% | -26.66 | 1.23 | 4.68% | -510.17% |
CSII | 839.3M | 239.8M | 0.70% | 0.15% | -22.16 | 3.5 | -4.74% | -31.15% |
SILK | 637.3M | 162.9M | -22.73% | -61.80% | -12.05 | 3.91 | 42.67% | 12.82% |
18.5%
16.2%
2.6%
17.9%
72.3%
21.9%
19.6%
Y-axis is the maximum loss one would have experienced if Merit Medical Systems was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 2.1% | 1,198 | 1,173 | 1,151 | 1,136 | 1,116 | 1,101 | 1,075 | 1,054 | 1,031 | 969 | 964 | 964 | 963 | 1,000 | 995 | 970 | 949 | 918 | 883 | 840 | 798 |
Gross Profit | 3.3% | 554 | 537 | 519 | 513 | 505 | 494 | 485 | 468 | 449 | 409 | 401 | 402 | 404 | 432 | 432 | 425 | 423 | 411 | 395 | 376 | 354 |
Operating Expenses | 2.8% | 450 | 438 | 432 | 434 | 429 | 432 | 424 | 413 | 410 | 398 | 403 | 423 | 428 | 424 | 417 | 393 | 367 | 352 | 336 | 318 | 316 |
S&GA Expenses | 4.4% | 364 | 349 | 343 | 336 | 333 | 339 | 336 | 339 | 325 | 300 | 298 | 300 | 315 | 328 | 327 | 321 | 300 | 289 | 276 | 260 | 248 |
R&D Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 62.00 | 61.00 | 60.00 | 57.00 | 55.00 |
EBITDA | -100.0% | - | 183 | 171 | 160 | 156 | 143 | 143 | 140 | 127 | 102 | 91.00 | 71.00 | 69.00 | 99.00 | 107 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.16* | 0.15* | 0.14* | 0.14* | 0.13* | 0.13* | 0.13* | 0.12* | 0.11* | 0.09* | 0.07* | 0.07* | 0.10* | - | - | - | - | - | - | - |
Interest Expenses | 31.8% | 10.00 | 7.00 | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 | 6.00 | 7.00 | 8.00 | 10.00 | 11.00 | 12.00 | 13.00 | 12.00 | 12.00 | 11.00 | 11.00 | 10.00 | 10.00 | 9.00 |
Earnings Before Taxes | 4.5% | 98.00 | 94.00 | 83.00 | 73.00 | 69.00 | 55.00 | 54.00 | 47.00 | 31.00 | 1.00 | -13.23 | -34.44 | -37.94 | -6.64 | 2.00 | 22.00 | 47.00 | 50.00 | 50.00 | 49.00 | 27.00 |
EBT Margin | -100.0% | - | 0.08* | 0.07* | 0.06* | 0.06* | 0.05* | 0.05* | 0.04* | 0.03* | 0.00* | -0.01* | -0.04* | -0.04* | -0.01* | - | - | - | - | - | - | - |
Net Income | 5.8% | 90.00 | 85.00 | 75.00 | 62.00 | 58.00 | 48.00 | 48.00 | 43.00 | 28.00 | 4.00 | -9.84 | -29.43 | -29.81 | -3.90 | 5.00 | 19.00 | 39.00 | 43.00 | 42.00 | 40.00 | 19.00 |
Net Income Margin | -100.0% | - | 0.07* | 0.06* | 0.05* | 0.05* | 0.04* | 0.05* | 0.04* | 0.03* | 0.00* | -0.01* | -0.03* | -0.03* | 0.00* | - | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 69.00 | 69.00 | 91.00 | 90.00 | 93.00 | 119 | 108 | 135 | 133 | 119 | 100 | 47.00 | 19.00 | -0.36 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 9.1% | 1,838 | 1,684 | 1,664 | 1,633 | 1,632 | 1,630 | 1,648 | 1,643 | 1,642 | 1,652 | 1,664 | 1,671 | 1,716 | 1,749 | 1,757 | 1,762 | 1,736 | 1,690 | 1,620 | 1,310 | 1,291 |
Current Assets | 6.8% | 595 | 557 | 529 | 500 | 493 | 478 | 482 | 463 | 450 | 438 | 430 | 435 | 446 | 463 | 455 | 441 | 427 | 422 | 430 | 388 | 371 |
Cash Equivalents | 24.4% | 72.00 | 58.00 | 58.00 | 51.00 | 63.00 | 54.00 | 68.00 | 69.00 | 70.00 | 59.00 | 57.00 | 45.00 | 50.00 | 50.00 | 44.00 | 37.00 | 35.00 | 50.00 | 67.00 | 52.00 | 44.00 |
Inventory | 5.7% | 306 | 290 | 266 | 247 | 233 | 231 | 222 | 208 | 195 | 200 | 198 | 209 | 221 | 228 | 226 | 217 | 203 | 199 | 198 | 181 | 169 |
Net PPE | -0.8% | 384 | 387 | 383 | 376 | 371 | 372 | 372 | 373 | 374 | 378 | 383 | 384 | 384 | 385 | 379 | 367 | 351 | 341 | 331 | 320 | 312 |
Goodwill | 6.0% | 382 | 360 | 360 | 358 | 360 | 361 | 362 | 362 | 363 | 363 | 364 | 354 | 353 | 352 | 353 | 352 | 352 | 335 | 335 | - | - |
Liabilities | 23.7% | 634 | 512 | 520 | 544 | 558 | 573 | 608 | 630 | 650 | 675 | 706 | 737 | 787 | 809 | 807 | 812 | 786 | 750 | 687 | 387 | 592 |
Current Liabilities | -12.0% | 190 | 216 | 221 | 213 | 196 | 204 | 236 | 213 | 211 | 208 | 185 | 186 | 174 | 165 | 182 | 153 | 177 | 178 | 175 | 140 | 140 |
LT Debt, Current | -66.7% | 4.00 | 11.00 | 11.00 | 11.00 | 10.00 | 9.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 15.00 | 22.00 | 22.00 | 22.00 | 22.00 |
LT Debt, Non Current | 79.8% | 335 | 186 | 187 | 205 | 236 | 243 | 234 | 271 | 285 | 313 | 344 | 350 | 403 | 438 | 432 | 432 | 385 | 362 | 373 | 187 | 392 |
Shareholder's Equity | 2.7% | 1,204 | 1,172 | 1,144 | 1,089 | 1,073 | 1,057 | 1,040 | 1,013 | 992 | 977 | 959 | 934 | 929 | 940 | 950 | 949 | 951 | 940 | 933 | 923 | 699 |
Retained Earnings | 4.0% | 522 | 501 | 481 | 447 | 432 | 417 | 406 | 386 | 374 | 369 | 358 | 342 | 345 | 364 | 368 | 373 | 377 | 370 | 363 | 354 | 338 |
Accumulated Depreciation | 2.6% | 320 | 311 | 303 | 300 | 294 | 288 | 281 | 277 | 273 | 266 | 261 | 255 | 248 | 239 | 232 | 230 | 222 | 215 | 210 | 204 | 198 |
Shares Outstanding | 0.3% | 58.00 | 57.00 | 57.00 | 57.00 | 57.00 | 57.00 | 57.00 | 56.00 | 56.00 | 56.00 | 56.00 | 56.00 | 55.00 | 55.00 | 55.00 | 55.00 | 55.00 | 55.00 | 55.00 | 53.00 | 50.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | -18.4% | 95.00 | 117 | 114 | 132 | 122 | 124 | 147 | 138 | 168 | 172 | 165 | 155 | 115 | 93.00 | 78.00 | 75.00 | 87.00 | 92.00 | 87.00 | 82.00 | 63.00 |
Share Based Compensation | 6.5% | 18.00 | 17.00 | 18.00 | 18.00 | 18.00 | 17.00 | 16.00 | 16.00 | 15.00 | 15.00 | 14.00 | 13.00 | 11.00 | 10.00 | 9.00 | 9.00 | 8.00 | 7.00 | 6.00 | 6.00 | 5.00 |
Cashflow From Investing | -207.5% | -191 | -62.38 | -57.40 | -54.67 | -45.20 | -40.68 | -37.16 | -44.42 | -46.50 | -50.24 | -58.65 | -57.35 | -87.10 | -128 | -134 | -309 | -291 | -282 | -378 | -194 | -235 |
Cashflow From Financing | 332.6% | 108 | -46.52 | -60.26 | -86.98 | -77.80 | -86.43 | -98.43 | -70.51 | -104 | -115 | -95.71 | -91.32 | -13.41 | 37.00 | 34.00 | 222 | 198 | 209 | 328 | 141 | 177 |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Income Statement [Abstract] | ||||
Net sales | $ 320,056 | $ 294,976 | $ 617,621 | $ 570,391 |
Cost of sales | 167,274 | 159,909 | 326,477 | 314,417 |
Gross profit | 152,782 | 135,067 | 291,144 | 255,974 |
Operating expenses: | ||||
Selling, general and administrative | 100,927 | 85,487 | 191,071 | 169,502 |
Research and development | 20,129 | 18,466 | 41,443 | 35,853 |
Impairment charges | 270 | 270 | 1,672 | |
Contingent consideration expense | 1,094 | 1,187 | 1,615 | 3,787 |
Acquired in-process research and development | 1,550 | 6,671 | 1,550 | 6,671 |
Total operating expenses | 123,970 | 111,811 | 235,949 | 217,485 |
Income from operations | 28,812 | 23,256 | 55,195 | 38,489 |
Other income (expense): | ||||
Interest income | 221 | 96 | 352 | 201 |
Interest expense | (3,682) | (1,348) | (5,693) | (2,350) |
Other income (expense) - net | (451) | (1,303) | 546 | (1,468) |
Total other expense - net | (3,912) | (2,555) | (4,795) | (3,617) |
Income before income taxes | 24,900 | 20,701 | 50,400 | 34,872 |
Income tax expense | 4,655 | 5,403 | 9,452 | 9,029 |
Net income | $ 20,245 | $ 15,298 | $ 40,948 | $ 25,843 |
Earnings per common share | ||||
Basic (in dollars per share) | $ 0.35 | $ 0.27 | $ 0.71 | $ 0.46 |
Diluted (in dollars per share) | $ 0.35 | $ 0.27 | $ 0.70 | $ 0.45 |
Weighted average shares outstanding | ||||
Basic (in shares) | 57,537 | 56,691 | 57,445 | 56,642 |
Diluted (in shares) | 58,473 | 57,600 | 58,329 | 57,565 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 72,084 | $ 58,408 |
Trade receivables - net of allowance for credit losses - 2023 - $8,652 and 2022 - $8,423 | 170,990 | 164,677 |
Other receivables | 12,634 | 12,992 |
Inventories | 305,943 | 265,991 |
Prepaid expenses and other current assets | 24,971 | 22,324 |
Prepaid income taxes | 3,920 | 3,913 |
Income tax refund receivables | 4,365 | 779 |
Total current assets | 594,907 | 529,084 |
Property and equipment: | ||
Land and land improvements | 26,017 | 25,940 |
Buildings | 189,900 | 189,148 |
Manufacturing equipment | 306,925 | 299,089 |
Furniture and fixtures | 66,046 | 61,128 |
Leasehold improvements | 52,604 | 49,673 |
Construction-in-progress | 62,374 | 61,269 |
Total property and equipment | 703,866 | 686,247 |
Less accumulated depreciation | (319,504) | (303,271) |
Property and equipment - net | 384,362 | 382,976 |
Other assets: | ||
Goodwill | 381,767 | 359,821 |
Deferred income tax assets | 6,492 | 6,599 |
Right-of-use operating lease assets | 62,436 | 65,262 |
Other assets | 52,492 | 44,352 |
Total other assets | 858,299 | 751,906 |
Total assets | 1,837,568 | 1,663,966 |
Current liabilities: | ||
Trade payables | 61,761 | 68,504 |
Accrued expenses | 110,662 | 123,189 |
Current portion of long-term debt | 3,750 | 11,250 |
Short-term operating lease liabilities | 11,531 | 11,005 |
Income taxes payable | 2,299 | 6,697 |
Total current liabilities | 190,003 | 220,645 |
Long-term debt | 335,232 | 186,759 |
Deferred income tax liabilities | 18,477 | 18,462 |
Long-term income taxes payable | 347 | 347 |
Liabilities related to unrecognized tax benefits | 1,912 | 1,912 |
Deferred compensation payable | 16,418 | 15,264 |
Deferred credits | 1,657 | 1,708 |
Long-term operating lease liabilities | 56,599 | 59,736 |
Other long-term obligations | 13,223 | 14,736 |
Total liabilities | 633,868 | 519,569 |
Commitments and contingencies | ||
Stockholders' equity: | ||
Preferred stock - 5,000 shares authorized as of June 30, 2023 and December 31, 2022; no shares issued | ||
Common stock, no par value; 100,000 shares authorized; issued and outstanding as of June 30, 2023 - 57,634 and December 31, 2022 - 57,306 | 691,523 | 675,174 |
Retained earnings | 521,721 | 480,773 |
Accumulated other comprehensive loss | (9,544) | (11,550) |
Total stockholders' equity | 1,203,700 | 1,144,397 |
Total liabilities and stockholders' equity | 1,837,568 | 1,663,966 |
Developed technology | ||
Other assets: | ||
Intangible assets | 309,228 | 237,522 |
Other | ||
Other assets: | ||
Intangible assets | $ 45,884 | $ 38,350 |