Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
For momentum investors, upward or downward trends in a stock's price or earnings outlook take precedent, so they'll want to zero in on the Momentum Style Score. This Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
South Jordan, UT-headquartered Merit Medical Systems, Inc. provides various peripheral and cardiac intervention products to cure cardiac conditions specific to interventional cardiology and electrophysiology.
MMSI is a Zacks Rank #2 (Buy) stock, with a Momentum Style Score of B and VGM Score of B. Shares are down 1.1% over the past one week and up 11.1% over the past four weeks. MMSI has gained 37.7% in the last one-year period as well. Looking at trading volume, an average of 517,247.44 shares exchanged hands over the last 20 trading days.
Momentum investors also pay close attention to a company's earnings. For MMSI, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.01 to $3.37 per share for 2024. MMSI boasts an average earnings surprise of 6.4%.
Investors should take the time to consider MMSI for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores.
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Merit Medical Systems, Inc. (MMSI) : Free Stock Analysis Report
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