Last 7 days
2.0%
Last 30 days
-4.0%
Last 90 days
-4.5%
Trailing 12 Months
8.2%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
SYK | 104.1B | 18.4B | 2.26% | 8.00% | 44.16 | 5.64 | 7.84% | 18.25% |
ISRG | 84.2B | 6.2B | -4.47% | -13.27% | 63.66 | 13.53 | 8.97% | -22.43% |
BSX | 69.1B | 12.7B | 0.59% | 12.45% | 99.06 | 5.45 | 6.68% | -32.95% |
BDX | 67.4B | 19.0B | -5.16% | -6.78% | 41.86 | 3.55 | -0.43% | -8.78% |
EW | 49.8B | 5.4B | 2.41% | -25.12% | 32.74 | 9.26 | 2.86% | 1.25% |
MID-CAP | ||||||||
SWAV | 7.2T | 489.7M | 9.34% | 31.15% | 82.2K | 16.8K | 106.51% | 2464.23% |
PEN | 10.2B | 847.1M | -3.64% | 34.52% | -5.1K | 12.05 | 13.32% | -137.89% |
GMED | 5.2B | 1.0B | -11.64% | -20.31% | 30.19 | 5.09 | 6.76% | 24.45% |
IRTC | 3.5B | 410.9M | 4.51% | -3.13% | -29.82 | 8.43 | 27.29% | -14.60% |
TNDM | 2.7B | 801.2M | 1.13% | -58.87% | -28.25 | 3.34 | 14.00% | -707.69% |
SMALL-CAP | ||||||||
SILK | 1.7B | 138.6M | -15.68% | 29.18% | -30.43 | 12.07 | 36.62% | -10.44% |
ATEC | 1.6B | 350.9M | 10.38% | 49.06% | -10.84 | 4.7 | 44.26% | -5.42% |
AVNS | 1.3B | 820.0M | -8.35% | -12.22% | 25.89 | 1.59 | 10.13% | 701.59% |
CSII | 828.4M | 239.8M | 0.30% | 1.49% | -21.88 | 3.45 | -4.74% | -31.15% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 1.3% | 1,151 | 1,136 | 1,116 | 1,101 | 1,075 |
Gross Profit | 1.1% | 519 | 513 | 505 | 494 | 485 |
Operating Expenses | -0.6% | 432 | 434 | 429 | 432 | 424 |
S&GA Expenses | 2.0% | 343 | 336 | 333 | 339 | 336 |
EBITDA | 6.6% | 171 | 160 | 156 | 143 | - |
EBITDA Margin | 5.3% | 0.15* | 0.14* | 0.14* | - | - |
Earnings Before Taxes | 13.7% | 83.00 | 73.00 | 69.00 | 55.00 | 54.00 |
EBT Margin | 12.3% | 0.07* | 0.06* | 0.06* | - | - |
Interest Expenses | 19.9% | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 |
Net Income | 20.7% | 75.00 | 62.00 | 58.00 | 48.00 | 48.00 |
Net Income Margin | 19.2% | 0.06* | 0.05* | 0.05* | - | - |
Free Cahsflow | -24.1% | 69.00 | 91.00 | 90.00 | 93.00 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | 1.9% | 1,664 | 1,633 | 1,632 | 1,630 | 1,648 |
Current Assets | 5.8% | 529 | 500 | 493 | 478 | 482 |
Cash Equivalents | 13.5% | 58.00 | 51.00 | 63.00 | 54.00 | 68.00 |
Inventory | 7.8% | 266 | 247 | 233 | 231 | 222 |
Net PPE | 1.8% | 383 | 376 | 371 | 372 | 372 |
Goodwill | 0.5% | 360 | 358 | 360 | 361 | 362 |
Liabilities | -4.5% | 520 | 544 | 558 | 573 | 608 |
Current Liabilities | 3.6% | 221 | 213 | 196 | 204 | 236 |
Long Term Debt | -11.9% | 217 | 246 | 252 | 243 | - |
LT Debt, Current | 0% | 11.00 | 11.00 | 10.00 | 9.00 | 8.00 |
LT Debt, Non Current | -9.1% | 187 | 205 | 236 | 243 | 234 |
Shareholder's Equity | 5.1% | 1,144 | 1,089 | 1,073 | 1,057 | 1,040 |
Retained Earnings | 7.5% | 481 | 447 | 432 | 417 | 406 |
Accumulated Depreciation | 1.1% | 303 | 300 | 294 | 288 | 281 |
Shares Outstanding | 0.7% | 57.00 | 57.00 | 57.00 | 57.00 | 57.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | -13.5% | 114 | 132 | 122 | 124 | 147 |
Share Based Compensation | -0.8% | 18.00 | 18.00 | 18.00 | 17.00 | 16.00 |
Cashflow From Investing | -5.0% | -57.40 | -54.67 | -45.20 | -40.68 | -37.16 |
Cashflow From Financing | 30.7% | -60.26 | -86.98 | -77.80 | -86.43 | -98.43 |
68.8%
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.
18.6%
21.3%
8.6%
26.4%
FIve years rolling returns for Merit Medical Systems.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -19.55 | 24,243 | 4,333,240 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -92.25 | -30,132,000 | 3,232,000 | 0.02% |
2023-02-28 | Voya Investment Management LLC | reduced | -8.77 | 951,732 | 7,746,730 | 0.01% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 17.46 | 392,000 | 1,230,000 | 0.01% |
2023-02-21 | KB FINANCIAL PARTNERS, LLC | new | - | 3,000 | 3,000 | -% |
2023-02-21 | MACQUARIE GROUP LTD | added | 2.62 | 22,600,000 | 102,852,000 | 0.12% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | reduced | -83.84 | -36,607 | 9,393 | -% |
2023-02-17 | TRUIST FINANCIAL CORP | new | - | 201,337 | 201,337 | -% |
2023-02-16 | GHP Investment Advisors, Inc. | unchanged | - | 3,124 | 14,124 | -% |
2023-02-16 | MAVERICK CAPITAL LTD | added | 10.02 | 108,319 | 396,319 | 0.01% |
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 | vanguard group inc | 10.16% | 5,737,781 | SC 13G/A | |
Feb 10, 2022 | william blair investment management, llc | 5.9% | 3,357,638 | 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 | |
---|---|---|---|
Mar 16, 2023 | 4 | Insider Trading | |
Mar 15, 2023 | 4 | Insider Trading | |
Mar 14, 2023 | 4 | Insider Trading | |
Mar 10, 2023 | 4 | Insider Trading | |
Mar 08, 2023 | 4 | Insider Trading | |
Mar 07, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 02, 2023 | 4 | Insider Trading | |
Mar 02, 2023 | 4 | Insider Trading | |
Mar 02, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-14 | Voigt Michel James | sold | -136,620 | 68.31 | -2,000 | chief human resources officer |
2023-03-13 | Lloyd Brian G. | gifted | - | - | -1,450 | chief legal officer, secretary |
2023-03-08 | Ward Lynne | acquired | 68,920 | 34.46 | 2,000 | - |
2023-03-08 | Ward Lynne | sold | -772,789 | 66.706 | -11,585 | - |
2023-03-07 | ANDERSON A SCOTT | gifted | - | - | -3,000 | - |
2023-03-06 | ANDERSON A SCOTT | sold | -1,001,160 | 66.744 | -15,000 | - |
2023-03-06 | ANDERSON A SCOTT | acquired | 438,000 | 29.2 | 15,000 | - |
2023-03-03 | Parra Raul Jr. | sold | -71,610 | 70.00 | -1,023 | cfo and treasurer |
2023-03-02 | LAMPROPOULOS FRED P | sold | -1,339,620 | 69.859 | -19,176 | president and ceo |
2023-03-02 | Parra Raul Jr. | acquired | 226,260 | 37.71 | 6,000 | cfo and treasurer |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Income Statement [Abstract] | |||
Net sales | $ 1,150,981 | $ 1,074,751 | $ 963,875 |
Cost of sales | 631,882 | 589,418 | 562,698 |
Gross profit | 519,099 | 485,333 | 401,177 |
Operating expenses: | |||
Selling, general and administrative | 342,525 | 335,690 | 297,724 |
Research and development | 75,510 | 71,247 | 57,537 |
Legal settlement | 10,036 | 18,684 | |
Impairment charges | 2,219 | 4,283 | 36,504 |
Contingent consideration expense (benefit) | 4,611 | 3,161 | (7,960) |
Acquired in-process research and development | 6,671 | 250 | |
Total operating expenses | 431,536 | 424,417 | 402,739 |
Income (loss) from operations | 87,563 | 60,916 | (1,562) |
Other income (expense): | |||
Interest income | 439 | 769 | 604 |
Interest expense | (6,339) | (5,261) | (9,994) |
Other income (expense) - net | 966 | (2,507) | (2,279) |
Total other expense - net | (4,934) | (6,999) | (11,669) |
Income (loss) before income taxes | 82,629 | 53,917 | (13,231) |
Income tax expense (benefit) | 8,113 | 5,463 | (3,388) |
Net income (loss) | $ 74,516 | $ 48,454 | $ (9,843) |
Earnings (loss) per common share | |||
Basic (in dollars per share) | $ 1.31 | $ 0.86 | $ (0.18) |
Diluted (in dollars per share) | $ 1.29 | $ 0.84 | $ (0.18) |
Weighted average shares outstanding | |||
Basic (in shares) | 56,806 | 56,145 | 55,434 |
Diluted (in shares) | 57,671 | 57,359 | 55,434 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 58,408 | $ 67,750 |
Trade receivables - net of allowance for credit losses - 2022 - $8,423 and 2021 - $6,767 | 164,677 | 152,301 |
Other receivables | 12,992 | 17,763 |
Inventories | 265,991 | 221,922 |
Prepaid expenses and other current assets | 22,324 | 16,149 |
Prepaid income taxes | 3,913 | 3,550 |
Income tax refund receivables | 779 | 2,777 |
Total current assets | 529,084 | 482,212 |
Property and equipment: | ||
Land and land improvements | 25,940 | 25,287 |
Buildings | 189,148 | 190,044 |
Manufacturing equipment | 299,089 | 277,976 |
Furniture and fixtures | 61,128 | 61,446 |
Leasehold improvements | 49,673 | 46,341 |
Construction-in-progress | 61,269 | 51,182 |
Total property and equipment | 686,247 | 652,276 |
Less accumulated depreciation | (303,271) | (280,618) |
Property and equipment - net | 382,976 | 371,658 |
Other assets: | ||
Goodwill | 359,821 | 361,741 |
Deferred income tax assets | 6,599 | 6,080 |
Right-of-use operating lease assets | 65,262 | 65,913 |
Other assets | 44,352 | 41,421 |
Total other assets | 751,906 | 794,424 |
Total assets | 1,663,966 | 1,648,294 |
Current liabilities: | ||
Trade payables | 68,504 | 55,624 |
Accrued expenses | 123,189 | 159,014 |
Current portion of long-term debt | 11,250 | 8,438 |
Short-term operating lease liabilities | 11,005 | 10,668 |
Income taxes payable | 6,697 | 2,536 |
Total current liabilities | 220,645 | 236,280 |
Long-term debt | 186,759 | 234,397 |
Deferred income tax liabilities | 18,462 | 31,503 |
Long-term income taxes payable | 347 | 347 |
Liabilities related to unrecognized tax benefits | 1,912 | 932 |
Deferred compensation payable | 15,264 | 18,111 |
Deferred credits | 1,708 | 1,815 |
Long-term operating lease liabilities | 59,736 | 61,526 |
Other long-term obligations | 14,736 | 23,584 |
Total liabilities | 519,569 | 608,495 |
Commitments and contingencies | ||
Stockholders' equity: | ||
Preferred stock - 5,000 shares authorized as of December 31, 2022 and December 31, 2021; no shares issued | 0 | 0 |
Common stock, no par value; 100,000 shares authorized; issued and outstanding as of December 31, 2022 - 57,306 and December 31, 2021 - 56,570 | 675,174 | 641,533 |
Retained earnings | 480,773 | 406,257 |
Accumulated other comprehensive loss | (11,550) | (7,991) |
Total stockholders' equity | 1,144,397 | 1,039,799 |
Total liabilities and stockholders' equity | 1,663,966 | 1,648,294 |
Developed technology | ||
Other assets: | ||
Intangible assets | 237,522 | 276,833 |
Other | ||
Other assets: | ||
Intangible assets | $ 38,350 | $ 42,436 |