Added to YB: 2025-01-03
Pitch date: 2024-09-30
MMSI [bullish]
Merit Medical Systems, Inc.
-12.19%
current return
Author Info
No bio for this author
Company Info
Merit Medical Systems, Inc. designs, develops, manufactures, and markets single-use medical products for interventional, diagnostic, and therapeutic procedures in the United States and internationally.
Market Cap
$5.0B
Pitch Price
$98.41
Price Target
N/A
Dividend
N/A
EV/EBITDA
17.77
P/E
43.61
EV/Sales
3.71
Sector
Health Care Equipment and Supplies
Category
growth
Riverwater Partners Small Cap Strategy New Position: Merit Medical Systems, Inc.
MMSI: Leading medical device maker for cardiology, radiology, oncology. Successful Foundation for Growth program: 5%+ revenue growth, 400bp margin expansion, $300M FCF by 2023. New products (WRAPSODY stent, Angiodynamics & Bluegrass acquisitions) support mid-single-digit organic growth. Expect low double-digit EBITDA growth.
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