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NASDAQ:SMTI

Sanara MedTech (SMTI) Stock Price, News & Analysis

$32.68
+0.49 (+1.52%)
(As of 07/26/2024 ET)
Today's Range
$31.75
$32.73
50-Day Range
$26.86
$32.69
52-Week Range
$26.06
$46.40
Volume
11,454 shs
Average Volume
16,497 shs
Market Capitalization
$282.03 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$44.00

Sanara MedTech MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
34.6% Upside
$44.00 Price Target
Short Interest
Bearish
4.87% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.50 out of 5 stars

Medical Sector

730th out of 936 stocks

Surgical Appliances & Supplies Industry

17th out of 18 stocks

SMTI stock logo

About Sanara MedTech Stock (NASDAQ:SMTI)

Sanara MedTech Inc., a medical technology company, develops, markets, and distributes surgical, wound, and skincare products and services to physicians, hospitals, clinics, and post-acute care settings in the United States. The company offers CellerateRX Surgical, a medical hydrolysate of Type I bovine collagen indicated for the management of surgical, traumatic, and partial- and full-thickness wounds, as well as first- and second-degree burns; and HYCOL, a medical hydrolysate of Type I bovine collagen intended for the management of full and partial thickness wounds, including pressure ulcers, venous and arterial leg ulcers, and diabetic foot ulcers. It also provides BIAKOS Antimicrobial Skin and Wound Cleanser, a patented product that contains synergistic ingredients that have been shown to impact mature biofilm microbes; BIAKOS Antimicrobial Wound Gel, an antimicrobial hydrogel wound dressing that helps against planktonic microbes, as well as immature and mature biofilms; and BIAKOS Antimicrobial Skin and Wound Irrigation Solution. In addition, it develops BIASURGE, a no-rinse surgical solution used for wound irrigation; FORTIFY TRG, a freeze-dried, multi-layer small intestinal submucosa extracellular matrix sheet; FORTIFY FLOWABLE extracellular matrix, an advanced wound care device; TEXAGEN, a multi-layer amniotic membrane allograft used as an anatomical barrier with robust handling that can be sutured for securement; and VIM Amnion Matrix, a homologous wound covering product. Sanara MedTech Inc. was incorporated in 2001 and is based in Fort Worth, Texas.

SMTI Stock Price History

SMTI Stock News Headlines

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The AI boom is just getting started. And the real wealth has still to be made…
We recommended Nvidia in 2016, now we’re recommending this…
The AI boom is just getting started. And the real wealth has still to be made…
Sanara Medtech Inc (SMTI)
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Company Calendar

Last Earnings
5/13/2024
Today
7/26/2024
Next Earnings (Estimated)
8/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical appliances & supplies
Sub-Industry
Medical Equipment
Current Symbol
NASDAQ:SMTI
Fax
N/A
Employees
60
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$44.00
High Stock Price Target
$44.00
Low Stock Price Target
$44.00
Potential Upside/Downside
+34.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-4,300,000.00
Pretax Margin
-7.39%

Debt

Sales & Book Value

Annual Sales
$64.99 million
Book Value
$5.22 per share

Miscellaneous

Free Float
3,959,000
Market Cap
$282.03 million
Optionable
Not Optionable
Beta
1.59
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Key Executives

  • Mr. Ronald T. Nixon (Age 68)
    Executive Chairman & CEO
    Comp: $100k
  • Mr. Michael D. McNeil (Age 59)
    CFO & Corporate Secretary
    Comp: $331.1k
  • Mr. Jacob A. Waldrop
    Chief Operating Officer
  • Mr. Bill Fitzgerald
    Chief Compliance Officer
  • Ms. Tricia Matteson
    Vice President of Marketing
  • Mr. Tyler Palmer
    Chief Corporate Development & Strategy Officer
  • Dr. Christopher A. Morrison FACHM (Age 54)
    FAPWCA, FCCWS, M.D., President of Telehealth Services
    Comp: $156k
  • Dr. Rebecca Erin Mcmahon (Age 39)
    President of Research & Development
  • Mr. Seth Yon
    President of Commercial
  • Mr. Callon Nichols
    Vice President of Corporate Operations

SMTI Stock Analysis - Frequently Asked Questions

How have SMTI shares performed this year?

Sanara MedTech's stock was trading at $41.10 on January 1st, 2024. Since then, SMTI shares have decreased by 20.5% and is now trading at $32.68.
View the best growth stocks for 2024 here
.

How were Sanara MedTech's earnings last quarter?

Sanara MedTech Inc. (NASDAQ:SMTI) announced its earnings results on Monday, May, 13th. The company reported ($0.21) EPS for the quarter. The firm earned $18.54 million during the quarter. Sanara MedTech had a negative trailing twelve-month return on equity of 11.33% and a negative net margin of 7.19%.

How do I buy shares of Sanara MedTech?

Shares of SMTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Sanara MedTech own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sanara MedTech investors own include Lakeland Industries (LAKE), Ovintiv (OVV), SIG (SHI), Zynerba Pharmaceuticals (ZYNE), AbbVie (ABBV), American Airlines Group (AAL) and Abbott Laboratories (ABT).

This page (NASDAQ:SMTI) was last updated on 7/26/2024 by MarketBeat.com Staff

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