Sharps Compliance Corp. (NASDAQ:SMED) – Equities researchers at First Analysis issued their FY2019 EPS estimates for Sharps Compliance in a research note issued to investors on Monday, September 3rd. First Analysis analyst J. Munda expects that the industrial products company will earn $0.15 per share for the year.
A number of other research firms have also recently weighed in on SMED. TheStreet cut Sharps Compliance from a “c-” rating to a “d+” rating in a research note on Wednesday, June 27th. ValuEngine upgraded Sharps Compliance from a “sell” rating to a “hold” rating in a research note on Saturday, June 2nd. Finally, Zacks Investment Research upgraded Sharps Compliance from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 3rd.
SMED opened at $3.44 on Wednesday. Sharps Compliance has a 1-year low of $3.14 and a 1-year high of $5.15. The company has a current ratio of 2.71, a quick ratio of 2.05 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $56.77 million, a P/E ratio of -86.00, a price-to-earnings-growth ratio of 1.38 and a beta of 0.56.
Sharps Compliance (NASDAQ:SMED) last posted its quarterly earnings results on Tuesday, August 14th. The industrial products company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.04). Sharps Compliance had a negative net margin of 1.67% and a negative return on equity of 2.62%. The business had revenue of $9.91 million during the quarter, compared to the consensus estimate of $11.24 million.
A number of institutional investors and hedge funds have recently bought and sold shares of SMED. Deutsche Bank AG increased its position in Sharps Compliance by 1,194.7% during the 4th quarter. Deutsche Bank AG now owns 28,484 shares of the industrial products company’s stock worth $116,000 after buying an additional 26,284 shares during the period. Marathon Capital Management bought a new position in Sharps Compliance during the 1st quarter worth $249,000. Municipal Employees Retirement System of Michigan bought a new position in Sharps Compliance during the 1st quarter worth $376,000. Wells Fargo & Company MN increased its position in Sharps Compliance by 59.6% during the 1st quarter. Wells Fargo & Company MN now owns 227,500 shares of the industrial products company’s stock worth $1,033,000 after buying an additional 85,000 shares during the period. Finally, North Star Investment Management Corp. bought a new position in Sharps Compliance during the 2nd quarter worth $873,000. Institutional investors and hedge funds own 22.85% of the company’s stock.
Sharps Compliance Company Profile
Sharps Compliance Corp. provides medical, pharmaceutical, and hazardous waste management services in the United States. It offers Sharps Recovery System for the containment, transportation, treatment, and tracking of medical waste and used healthcare materials generated outside the hospital and health care facility settings; TakeAway Medication Recovery System, a solution that facilitates the proper disposal of unused medications; MedSafe, a solution for the safe collection, transportation, and proper disposal of unwanted and expired prescription medications; and ComplianceTRAC, a Web-based compliance and training program.
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