MMSI
Merit Medical Systems, Inc. Healthcare - Medical Instruments & Supplies Investor Relations →
Merit Medical Systems, Inc. (MMSI) closed at $82.50 as of 2026-02-02, trading 3.2% above its 200-week moving average of $79.97. The stock moved further from the line this week, up from 1.5% last week. The 14-week RSI sits at 38, indicating neutral momentum.
Over the past 1816 weeks of data, MMSI has crossed below its 200-week moving average 40 times. On average, these episodes lasted 15 weeks. Historically, investors who bought MMSI at the start of these episodes saw an average one-year return of +25.7%.
With a market cap of $4.9 billion, MMSI is a mid-cap stock. The company generates a free cash flow yield of 4.1%. Return on equity stands at 8.3%. The stock trades at 3.2x book value.
Share count has increased 3.8% over three years, indicating dilution.
Over the past 33.2 years, a hypothetical investment of $100 in MMSI would have grown to $3638, compared to $2849 for the S&P 500. That represents an annualized return of 11.4% vs 10.6% for the index — confirming MMSI as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 16.2% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: MMSI vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MMSI Crosses Below the Line?
Across 40 historical episodes, buying MMSI when it crossed below its 200-week moving average produced an average return of +24.9% after 12 months (median +18.0%), compared to +17.9% for the S&P 500 over the same periods. 75% of those episodes were profitable after one year. After 24 months, the average return was +49.3% vs +30.3% for the index.
Each line shows $100 invested at the moment MMSI crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MMSI has crossed below its 200-week MA 40 times with an average 1-year return of +25.7% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 1992 | May 1995 | 160 | 48.0% | -38.9% | +3082.9% |
| Jul 1995 | Jul 1995 | 3 | 4.6% | +25.9% | +3851.1% |
| Oct 1995 | Dec 1995 | 9 | 10.5% | +25.5% | +4393.5% |
| Jun 1997 | Jun 1997 | 1 | 2.1% | +26.4% | +4223.9% |
| Aug 1997 | Sep 1997 | 3 | 2.2% | -2.8% | +4183.5% |
| Nov 1997 | Apr 1998 | 22 | 19.2% | -9.3% | +4143.8% |
| Aug 1998 | Sep 1999 | 55 | 32.5% | -9.1% | +4066.7% |
| Sep 1999 | Dec 1999 | 12 | 16.2% | +1.0% | +4529.6% |
| Jan 2000 | Jan 2000 | 1 | 0.9% | -26.5% | +3956.0% |
| Apr 2000 | Apr 2001 | 51 | 36.4% | +49.9% | +5489.4% |
| May 2001 | May 2001 | 1 | 3.5% | +291.5% | +4483.3% |
| Oct 2004 | Nov 2004 | 6 | 11.6% | +20.2% | +891.6% |
| Mar 2005 | Apr 2005 | 4 | 4.4% | +12.9% | +753.0% |
| Oct 2005 | Feb 2006 | 16 | 13.7% | +24.0% | +725.0% |
| Feb 2006 | Oct 2006 | 33 | 24.0% | -10.8% | +625.7% |
| Jan 2007 | Jan 2007 | 1 | 0.2% | +6.9% | +587.5% |
| Feb 2007 | Nov 2007 | 40 | 26.7% | +8.0% | +582.0% |
| Nov 2008 | Nov 2008 | 1 | 7.9% | +28.9% | +674.8% |
| Feb 2009 | Apr 2009 | 11 | 31.9% | +20.4% | +640.3% |
| May 2009 | Jun 2009 | 3 | 5.4% | +9.5% | +612.7% |
| Feb 2010 | Mar 2010 | 6 | 7.2% | +23.7% | +615.6% |
| May 2010 | May 2010 | 1 | 3.4% | +58.8% | +599.6% |
| May 2010 | Jun 2010 | 2 | 2.2% | +55.3% | +574.5% |
| Nov 2010 | Dec 2010 | 5 | 2.7% | +9.2% | +568.8% |
| Jan 2011 | Feb 2011 | 5 | 5.8% | +6.2% | +570.9% |
| Aug 2011 | Aug 2011 | 1 | 3.8% | +10.3% | +542.5% |
| Sep 2011 | Sep 2011 | 1 | 2.2% | +12.2% | +529.3% |
| Sep 2011 | Dec 2011 | 11 | 6.3% | +13.6% | +527.9% |
| Dec 2011 | Jan 2012 | 3 | 3.6% | +0.7% | +516.6% |
| Feb 2012 | Jun 2012 | 20 | 14.3% | +4.9% | +516.6% |
| Jul 2012 | Jul 2012 | 1 | 0.4% | -2.3% | +517.5% |
| Nov 2012 | Dec 2012 | 8 | 3.7% | +18.9% | +522.2% |
| Feb 2013 | Jul 2013 | 23 | 28.8% | +28.1% | +603.3% |
| Aug 2013 | Oct 2013 | 9 | 8.7% | -4.1% | +526.9% |
| Apr 2014 | May 2014 | 5 | 8.8% | +41.5% | +511.1% |
| Jul 2014 | Oct 2014 | 12 | 13.1% | +98.1% | +539.5% |
| Aug 2019 | May 2020 | 41 | 38.6% | +22.0% | +125.0% |
| Jun 2020 | Jun 2020 | 3 | 0.1% | +48.0% | +96.9% |
| Sep 2020 | Oct 2020 | 3 | 5.0% | +69.8% | +95.5% |
| Jun 2022 | Jun 2022 | 1 | 1.7% | +60.2% | +58.7% |
| Average | 15 | — | +25.7% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02