EPS for Seagate Technology plc (STX) Expected At $1.15; Merit Medical Systems (MMSI)’s Sentiment Is 1.28

January 14, 2018 - By Peter Erickson

Merit Medical Systems, Inc. designs, develops, makes, and markets medical products for interventional and diagnostic procedures worldwide. The company has market cap of $2.27 billion. The companyÂ’s Cardiovascular segment offers cardiology and radiology devices for diagnosing and treating coronary arterial, peripheral vascular, and other non-vascular diseases; and embolotherapeutic products. It has a 77.17 P/E ratio. It also provides vascular access products; guide wires, inflation devices, and diagnostic catheters for use in angiography procedures; therapeutic infusion systems and safety products; drainage catheters and drainage access products, support catheters, vascular retrieval devices, and dialysis access products; and embosphere microspheres and delivery systems, and microcatheters.

Analysts expect Seagate Technology plc (NASDAQ:STX) to report $1.15 EPS on January, 23.They anticipate $0.23 EPS change or 16.67% from last quarter’s $1.38 EPS. STX’s profit would be $332.71M giving it 11.14 P/E if the $1.15 EPS is correct. After having $0.96 EPS previously, Seagate Technology plc’s analysts see 19.79% EPS growth. The stock increased 4.60% or $2.25 during the last trading session, reaching $51.26. About 7.75M shares traded or 53.02% up from the average. Seagate Technology plc (NASDAQ:STX) has risen 107.16% since January 14, 2017 and is uptrending. It has outperformed by 90.46% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 6 insider sales for $1.99 million activity.

Timpani Capital Management Llc holds 2.33% of its portfolio in Merit Medical Systems, Inc. for 150,488 shares. Copper Rock Capital Partners Llc owns 692,153 shares or 1.95% of their US portfolio. Moreover, Eagle Boston Investment Management Inc has 1.86% invested in the company for 409,375 shares. The Massachusetts-based Aristotle Capital Boston Llc has invested 1.77% in the stock. Ami Asset Management Corp, a California-based fund reported 424,174 shares.

Analysts await Merit Medical Systems, Inc. (NASDAQ:MMSI) to report earnings on February, 20. They expect $0.32 EPS, up 3.23% or $0.01 from last year’s $0.31 per share. MMSI’s profit will be $16.06M for 35.39 P/E if the $0.32 EPS becomes a reality. After $0.32 actual EPS reported by Merit Medical Systems, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

The stock increased 1.91% or $0.85 during the last trading session, reaching $45.3. About 122,544 shares traded. Merit Medical Systems, Inc. (MMSI) has risen 81.84% since January 14, 2017 and is uptrending. It has outperformed by 65.14% the S&P500.

Since August 1, 2017, it had 0 insider purchases, and 7 sales for $9.91 million activity. 5,000 shares valued at $166,710 were sold by BRACE PHILIP G on Tuesday, August 1. Shares for $316,360 were sold by MORTON DAVID H JR. Shares for $4.90M were sold by LUCZO STEPHEN J. 8,715 shares were sold by Moyo Dambisa F, worth $339,965 on Tuesday, October 24.

Among 34 analysts covering Seagate Technology Plc (NASDAQ:STX), 8 have Buy rating, 3 Sell and 23 Hold. Therefore 24% are positive. Seagate Technology Plc has $153 highest and $15 lowest target. $44.69’s average target is -12.82% below currents $51.26 stock price. Seagate Technology Plc had 125 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Seagate Technology plc (NASDAQ:STX) earned “Buy” rating by Argus Research on Thursday, February 4. The company was upgraded on Thursday, November 19 by Craig Hallum. Barclays Capital maintained the stock with “Underweight” rating in Tuesday, October 24 report. The rating was maintained by Brean Capital on Thursday, April 14 with “Buy”. The firm earned “Hold” rating on Monday, September 11 by FBN Securities. The firm earned “Hold” rating on Thursday, September 3 by Benchmark. BMO Capital Markets maintained the stock with “Market Perform” rating in Wednesday, July 26 report. The stock of Seagate Technology plc (NASDAQ:STX) has “Strong Buy” rating given on Monday, August 3 by Needham. Craig Hallum maintained Seagate Technology plc (NASDAQ:STX) on Tuesday, January 9 with “Buy” rating. The rating was downgraded by Jefferies to “Hold” on Monday, September 11.

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