Merit Medical Systems, Inc. (MMSI) Forms $45.00 Double Top; Duke Realty (DRE) Sentiment Is 1.13

Duke Realty Corporation is an equity real estate investment trust. The company has market cap of $9.41 billion. The firm invests in the real estate markets of the United States. It has a 5.7 P/E ratio. It offers a single point of responsibility for all aspects of a project, including leasing, asset management, construction and development.

Merit Medical Systems, Inc. (MMSI) formed double top with $47.25 target or 5.00% above today’s $45.00 share price. Merit Medical Systems, Inc. (MMSI) has $2.26B valuation. The stock decreased 3.12% or $1.45 during the last trading session, reaching $45. About 802,116 shares traded or 162.96% up from the average. Merit Medical Systems, Inc. (NASDAQ:MMSI) has risen 81.84% since March 17, 2017 and is uptrending. It has outperformed by 65.14% the S&P500.

Since December 15, 2017, it had 0 insider purchases, and 1 insider sale for $407,782 activity. Another trade for 9,082 shares valued at $407,782 was made by STANGER KENT W on Friday, December 15.

Analysts await Merit Medical Systems, Inc. (NASDAQ:MMSI) to report earnings on April, 26. They expect $0.30 earnings per share, up 7.14% or $0.02 from last year’s $0.28 per share. MMSI’s profit will be $15.08M for 37.50 P/E if the $0.30 EPS becomes a reality. After $0.33 actual earnings per share reported by Merit Medical Systems, Inc. for the previous quarter, Wall Street now forecasts -9.09% negative EPS growth.

Among 8 analysts covering Merit Medical (NASDAQ:MMSI), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Merit Medical has $57 highest and $22 lowest target. $47.29’s average target is 5.09% above currents $45 stock price. Merit Medical had 22 analyst reports since October 23, 2015 according to SRatingsIntel. The rating was maintained by Canaccord Genuity with “Buy” on Sunday, October 8. The company was initiated on Tuesday, July 19 by Canaccord Genuity. The firm earned “Outperform” rating on Monday, October 26 by Barrington Research. The firm earned “Buy” rating on Monday, July 10 by Canaccord Genuity. On Thursday, November 30 the stock rating was maintained by Wells Fargo with “Buy”. The rating was maintained by Piper Jaffray with “Buy” on Wednesday, February 28. As per Thursday, November 16, the company rating was maintained by SunTrust. The firm has “Buy” rating by Canaccord Genuity given on Tuesday, January 2. Craig Hallum maintained Merit Medical Systems, Inc. (NASDAQ:MMSI) on Thursday, July 27 with “Buy” rating. Bank of America initiated the stock with “Buy” rating in Thursday, July 20 report.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.28, from 1.28 in 2017Q2. It is negative, as 14 investors sold Merit Medical Systems, Inc. shares while 71 reduced holdings. 44 funds opened positions while 65 raised stakes. 44.33 million shares or 0.69% more from 44.02 million shares in 2017Q2 were reported. Cornerstone Capital Holdg Ltd reported 63,700 shares or 0.02% of all its holdings. Parkside State Bank holds 27 shares. Geode Management Ltd Co holds 0.01% or 570,127 shares in its portfolio. Hodges Cap Inc owns 0.96% invested in Merit Medical Systems, Inc. (NASDAQ:MMSI) for 336,550 shares. State Of Tennessee Treasury Department stated it has 42,623 shares. Gemmer Asset Mgmt Ltd Liability holds 167 shares. Arizona-based Arizona State Retirement has invested 0.01% in Merit Medical Systems, Inc. (NASDAQ:MMSI). Rhumbline Advisers has invested 0.01% of its portfolio in Merit Medical Systems, Inc. (NASDAQ:MMSI). Riverhead Cap Management Ltd holds 0.01% of its portfolio in Merit Medical Systems, Inc. (NASDAQ:MMSI) for 5,920 shares. Frontier Mngmt Co Ltd accumulated 0.48% or 1.57M shares. Insight Capital Mngmt Incorporated stated it has 29,713 shares. Bnp Paribas Arbitrage accumulated 26,405 shares. Moreover, Argent Capital Ltd Company has 0.16% invested in Merit Medical Systems, Inc. (NASDAQ:MMSI). Bogle Mngmt L P De invested in 6,082 shares or 0.02% of the stock. Loring Wolcott And Coolidge Fiduciary Advsrs Limited Liability Partnership Ma reported 1,500 shares.

Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $130,840 activity.

Analysts await Duke Realty Corporation (NYSE:DRE) to report earnings on April, 25. They expect $0.30 earnings per share, down 6.25% or $0.02 from last year’s $0.32 per share. DRE’s profit will be $108.08 million for 21.78 P/E if the $0.30 EPS becomes a reality. After $0.30 actual earnings per share reported by Duke Realty Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

The stock increased 1.08% or $0.28 during the last trading session, reaching $26.13. About 3.50M shares traded or 24.25% up from the average. Duke Realty Corporation (DRE) has risen 24.81% since March 17, 2017 and is uptrending. It has outperformed by 8.11% the S&P500.