Recent Research Analysts’ Ratings Updates for Sharps Compliance Corp (SMED)

Several analysts have recently updated their ratings and price targets for Sharps Compliance Corp (NASDAQ: SMED):

  • 10/26/2017 – Sharps Compliance Corp was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Headquartered in Houston, Texas, SHARPS COMPLIANCE is a leading provider of cost-effective disposal solutions for small quantity generators of medical waste. The Company’s flagship product, the Sharps Disposal by Mail System, is a cost-effective and easy-to-use solution to dispose of medical waste such as hypodermic needles, lancets and any other medical device or objects used to puncture or lacerate the skin. The Company also offers a number of products specifically designed for the home healthcare market. Sharps Compliance focuses on targeted growth markets such as the pharmaceutical, retail, healthcare, commercial, professional and hospitality markets, as well as serving a variety of additional markets. Sharps is a leading proponent and participant in the development of public awareness and solutions for the safe disposal of needles, syringes and other sharps in the community setting. “
  • 10/26/2017 – Sharps Compliance Corp had its price target lowered by analysts at Stifel Nicolaus from $7.00 to $6.00. They now have a “buy” rating on the stock.
  • 10/25/2017 – Sharps Compliance Corp was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “buy” rating. They now have a $4.50 price target on the stock. According to Zacks, “Headquartered in Houston, Texas, SHARPS COMPLIANCE is a leading provider of cost-effective disposal solutions for small quantity generators of medical waste. The Company’s flagship product, the Sharps Disposal by Mail System, is a cost-effective and easy-to-use solution to dispose of medical waste such as hypodermic needles, lancets and any other medical device or objects used to puncture or lacerate the skin. The Company also offers a number of products specifically designed for the home healthcare market. Sharps Compliance focuses on targeted growth markets such as the pharmaceutical, retail, healthcare, commercial, professional and hospitality markets, as well as serving a variety of additional markets. Sharps is a leading proponent and participant in the development of public awareness and solutions for the safe disposal of needles, syringes and other sharps in the community setting. “
  • 10/12/2017 – Sharps Compliance Corp was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Headquartered in Houston, Texas, SHARPS COMPLIANCE is a leading provider of cost-effective disposal solutions for small quantity generators of medical waste. The Company’s flagship product, the Sharps Disposal by Mail System, is a cost-effective and easy-to-use solution to dispose of medical waste such as hypodermic needles, lancets and any other medical device or objects used to puncture or lacerate the skin. The Company also offers a number of products specifically designed for the home healthcare market. Sharps Compliance focuses on targeted growth markets such as the pharmaceutical, retail, healthcare, commercial, professional and hospitality markets, as well as serving a variety of additional markets. Sharps is a leading proponent and participant in the development of public awareness and solutions for the safe disposal of needles, syringes and other sharps in the community setting. “

Sharps Compliance Corp (SMED) traded down 2.37% during trading on Monday, reaching $4.12. The company had a trading volume of 4,739 shares. The stock has a 50 day moving average price of $4.65 and a 200 day moving average price of $4.52. The firm’s market capitalization is $65.95 million. Sharps Compliance Corp has a 12 month low of $3.32 and a 12 month high of $5.73.

Sharps Compliance Corp (NASDAQ:SMED) last released its quarterly earnings data on Thursday, August 10th. The industrial products company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). The firm had revenue of $10.36 million for the quarter, compared to analyst estimates of $10.51 million. Sharps Compliance Corp had a negative net margin of 0.65% and a negative return on equity of 0.98%. Sharps Compliance Corp’s revenue for the quarter was up 16.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.01 EPS. On average, equities research analysts predict that Sharps Compliance Corp will post $0.08 earnings per share for the current year.

Sharps Compliance Corp. is a provider of waste management services, including medical, pharmaceutical and hazardous. The Company’s solutions include Sharps Recovery System, TakeAway Medication Recovery System, MedSafe, Route-Based Pickup Service, TakeAway Recycle System, ComplianceTRAC, Universal Waste Shipback Systems and Other Solutions.

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