Merit Medical Systems, Inc. logo MMSI - Merit Medical Systems, Inc.

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| PRICE TARGET: $94.20 DETAILS
HIGH: $107.00
LOW: $78.00
MEDIAN: $96.00
CONSENSUS: $94.20
UPSIDE: 31.82%

About Merit Medical Systems, Inc. (https://www.merit.com)

Merit Medical Systems, Inc. (MMSI) is engaged in the design, development, manufacturing, and worldwide commercialization of disposable medical products. These devices are crucial for a broad spectrum of diagnostic, therapeutic, and interventional procedures, primarily within the fields of cardiology, radiology, oncology, critical care, and endoscopy. The company operates through two main divisions: Cardiovascular and Endoscopy. Its extensive product portfolio includes advanced solutions for diagnosing and treating conditions in peripheral vessels and organs, as well as a comprehensive suite of cardiac intervention products. The latter encompasses tools for vascular access, angiography, electrophysiology, cardiac rhythm management, fluid and hemodynamic monitoring, hemostasis, and various interventional therapies for heart-related ailments. Additionally, MMSI provides customized procedural solutions, offering critical care items, disinfection protection systems, specialized syringes, manifold kits, and tailored trays and packs. Their offerings further extend to coated tubes and wires, alongside sophisticated sensor components for microelectromechanical systems (MEMS). The company also features pulmonary products, such as laser-cut tracheobronchial stents with their accompanying over-the-wire and direct visualization delivery systems, and dilation balloons used for endoscopic stricture dilation. Gastroenterology products, as well as essential kits and accessories for endoscopy and bronchoscopy procedures, complete their diverse catalog. Merit Medical Systems sells its products to a wide client base, including hospitals and healthcare professionals (physicians, technicians, and nurses) working in alternative care settings. Distribution channels include a direct sales force, authorized distributors, original equipment manufacturer (OEM) partnerships, and custom procedure tray manufacturers, reaching customers throughout the United States and internationally. Founded in 1987, Merit Medical Systems, Inc. has its corporate headquarters situated in South Jordan, Utah.

Key Executives

NAME TITLE DOB SALARY
Neil Peterson Chief Operating Officer 1967 $1,258,498 USD
Raul Parra Jr. Chief Financial Officer & Treasurer 1979 $1,237,275 USD
Brian G. Lloyd Chief Legal Officer & Corporate Secretary 1961 $1,216,342 USD
Michel J. Voigt Chief Human Resources Officer 1973 $816,792 USD
Martha Goldberg Aronson President, Chief Executive Officer & Director 1967 $501,385 USD
Jason Treft Chief Information Officer
John Knorpp Chief Regulatory Affairs Officer
Mark Butler Executive Vice President of Merit Medical EMEA
Ricardo Alvarez Managing Director of Operation Merit Medical Tijuana
Sarah Comstock Vice President of Global Communications

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