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Merit Medical SystemsMMSI +0.37%83 3-1 Month Momentum % is 14.64% as of Aug. 05, 2026. GuruFocus rates MMSI with a GF Score™ of 83/100 and a GF Value™ of $95.71 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 854 Medical Devices & Instruments companies, Merit Medical Systems ranks better than 85.13% on this metric.
3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-08-05), Merit Medical Systems's 3-1 Month Momentum % is 14.64%.
The industry rank for Merit Medical Systems's 3-1 Month Momentum % or its related term are showing as below:
MMSI's 3-1 Month Momentum % is ranked better than 85.13% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: -5.795
vs MMSI: 14.64
Merit Medical Systems (NAS:MMSI) 3-1 Month Momentum % Explanation
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Merit Medical Systems 3-1 Month Momentum % Related Terms
MMSI vs NVST, MMED, ICUI: 3-1 Month Momentum % Comparison
For the Medical Instruments & Supplies subindustry, Merit Medical Systems's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Merit Medical Systems 3-1 Month Momentum % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Merit Medical Systems's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Merit Medical Systems's 3-1 Month Momentum % falls into.
Merit Medical Systems (NAS:MMSI) 3-1 Month Momentum % Calculation
3-1 Month Momentum % is calculated as following:
3-1 Month Momentum %
=
( Price 1-month ago
/
Price 3-month ago
- 1 )
*
100 %
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Merit Medical Systems (MMSI) has a 3-1 Month Momentum % of 14.64% as of Aug. 05, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Merit Medical Systems and its competitors. According to the industry distribution chart, Merit Medical Systems ranks #127 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 14.9%.
Is Merit Medical Systems' 3-1 Month Momentum % too high?
Merit Medical Systems' current 3-1 Month Momentum % is 14.64%. Based on the distribution chart, Merit Medical Systems ranks #127 out of 854 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Merit Medical Systems has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merit Medical Systems' 3-1 Month Momentum % compare to NVST and MMED?
According to the Medical Devices & Instruments industry distribution chart, Merit Medical Systems ranks #127 out of 854 companies for 3-1 Month Momentum %. This places Merit Medical Systems in the top 15% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Medical Devices & Instruments company?
A good 3-1 Month Momentum % depends on the Medical Devices & Instruments industry context. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Merit Medical Systems and its competitors. Merit Medical Systems's current 3-1 Month Momentum % is 14.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merit Medical Systems stock overvalued right now?
Based on GuruFocus' analysis, Merit Medical Systems (MMSI) is currently considered Modestly Undervalued. The stock's GF Value™ is $95.71, compared to a current price of $85.80 — trading 10.4% below its estimated fair value. The current 3-1 Month Momentum % is 14.64%. Merit Medical Systems' overall GF Score™ is 83/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Merit Medical Systems (MMSI), the current 3-1 Month Momentum % is 14.64% as of Aug. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Merit Medical Systems (MMSI) Overvalued in 2026?
Based on GuruFocus' analysis, Merit Medical Systems stock appears to be undervalued.
The current stock price of $85.80 is trading 10.4% below its estimated GF Value™ of $95.71.
GuruFocus considers Merit Medical Systems to be Modestly Undervalued.
Key valuation signals for MMSI:
3-1 Month Momentum %: 14.64%
GF Value™: $95.71 vs. price of $85.80 (10.4% below fair value)
No single metric tells the full story. See the MMSI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merit Medical Systems Inc is a medical equipment company that develops and manufactures products for interventional cardiology, radiology, and endoscopy procedures. The firm reports two segments which are Cardiovascular and Endoscopy. The majority of the revenue is earned from the Cardiovascular segment which consists of cardiology and radiology medical device products that assist in diagnosing and treating coronary artery disease, peripheral vascular disease, and other non-vascular diseases and includes embolotherapeutic, cardiac rhythm management, electrophysiology, critical care, and interventional oncology and spine devices.
83GF Score
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