Sanara MedTech Stock Price, News & Analysis (NASDAQ:SMTI) $32.93 -0.27 (-0.81%) (As of 12/6/2023 ET) Add Compare Share Share Today's Range$31.99▼$33.6250-Day Range$26.33▼$34.1052-Week Range$26.06▼$50.18Volume15,330 shsAverage Volume16,089 shsMarket Capitalization$281.22 millionP/E RatioN/ADividend YieldN/APrice Target$49.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Sanara MedTech MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside48.8% Upside$49.00 Price TargetShort InterestHealthy3.43% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.19Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.70) to $0.52 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.32 out of 5 starsMedical Sector245th out of 957 stocksSurgical Appliances & Supplies Industry9th out of 18 stocks 3.5 Analyst's Opinion Consensus RatingSanara MedTech has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $49.00, Sanara MedTech has a forecasted upside of 48.8% from its current price of $32.93.Amount of Analyst CoverageSanara MedTech has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.43% of the float of Sanara MedTech has been sold short.Short Interest Ratio / Days to CoverSanara MedTech has a short interest ratio ("days to cover") of 9.1.Change versus previous monthShort interest in Sanara MedTech has recently decreased by 9.72%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldSanara MedTech does not currently pay a dividend.Dividend GrowthSanara MedTech does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SMTI. Previous Next 3.4 News and Social Media Coverage News SentimentSanara MedTech has a news sentiment score of 1.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Sanara MedTech this week, compared to 0 articles on an average week.Search Interest8 people have searched for SMTI on MarketBeat in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sanara MedTech insiders have not sold or bought any company stock.Percentage Held by Insiders55.20% of the stock of Sanara MedTech is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 7.83% of the stock of Sanara MedTech is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Sanara MedTech are expected to grow in the coming year, from ($0.70) to $0.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sanara MedTech is -32.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Sanara MedTech is -32.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSanara MedTech has a P/B Ratio of 6.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Sanara MedTech Stock (NASDAQ:SMTI)Sanara MedTech Inc. develops, markets, and distributes wound and skin care products to physicians, hospitals, clinics, and post-acute care settings in the United States. It also offers CellerateRX Surgical Activated Collagen powder and gel that are used in a range of surgical specialties to help promote patient healing; Biako¯s Antimicrobial Skin and Wound Cleanser, a patented product that disrupts extracellular polymeric substances to eradicate mature biofilm microbes; Biako¯s Antimicrobial Wound Gel, an antimicrobial hydrogel wound dressing helps against planktonic microbes, as well as immature and mature biofilms; and Biako¯s Antimicrobial Skin and Wound Irrigation Solution. The company provides HYCOL Hydrolyzed Collagen Powder and Gel, a medical hydrolysate of Type I bovine collagen for the management of full and partial thickness wounds, including pressure ulcers, venous and arterial leg ulcers, and diabetic foot ulcers. In addition, it develops FORTIFY TRG, a freeze-dried, multi-layer small intestinal submucosa extracellular matrix sheet; FORTIFY FLOWABLE extracellular matrix, an advanced wound care device; and VIM Amnion Matrix, a homologous wound covering product. Sanara MedTech Inc. was incorporated in 2001 and is based in Fort Worth, Texas.Read More SMTI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SMTI Stock News HeadlinesDecember 4, 2023 | finance.yahoo.comSanara MedTech Inc.'s (NASDAQ:SMTI) top owners are retail investors with 32% stake, while 31% is held by insidersNovember 30, 2023 | finance.yahoo.comSanara MedTech Inc. Announces the Publication of a 5,335 Patient Study Demonstrating a Significant Reduction in Surgical Site Infections When Activated Collagen (CellerateRX® Surgical Powder) Was Used to Promote Wound HealingDecember 7, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 15, 2023 | finance.yahoo.comSanara MedTech Inc. (NASDAQ:SMTI) Q3 2023 Earnings Call TranscriptNovember 13, 2023 | msn.comSanara MedTech GAAP EPS of -$0.13, revenue of $16M misses by $2.8MNovember 13, 2023 | finance.yahoo.comSanara MedTech Inc. Announces Third Quarter 2023 ResultsNovember 13, 2023 | finance.yahoo.comSanara MedTech Inc. Reports Record Sales in Q3 2023 with Narrowed Net Loss and Positive ...November 12, 2023 | morningstar.comSanara MedTech Inc SMTIDecember 7, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. October 30, 2023 | finance.yahoo.comSanara MedTech Inc. Announces Third Quarter Earnings Release and Conference Call DatesOctober 10, 2023 | finance.yahoo.comSanara MedTech Announces First Sale of ALLOCYTE® Plus Advanced Viable Bone Matrix and Provides Other Product UpdatesOctober 5, 2023 | finance.yahoo.comSanara MedTech's (NASDAQ:SMTI) investors will be pleased with their incredible 516% return over the last five yearsSeptember 13, 2023 | msn.comSanara MedTech: Surgical Sales Set To Accelerate While Post Acute Care Platform DevelopsSeptember 12, 2023 | finance.yahoo.comSanara MedTech to Participate in Two Upcoming ConferencesAugust 31, 2023 | finance.yahoo.comWe're Not Very Worried About Sanara MedTech's (NASDAQ:SMTI) Cash Burn RateAugust 18, 2023 | msn.comCantor Fitzgerald Reiterates Sanara MedTech (SMTI) Overweight RecommendationAugust 14, 2023 | finance.yahoo.comSanara MedTech Inc. Announces Second Quarter 2023 ResultsAugust 2, 2023 | finance.yahoo.comSanara MedTech Inc. Announces the Acquisition of Certain Assets Related to its Collagen Products BusinessAugust 1, 2023 | finance.yahoo.comSanara MedTech Inc. Announces Second Quarter Earnings Release and Conference Call DatesJuly 24, 2023 | finance.yahoo.comSanara MedTech Inc.'s (NASDAQ:SMTI) Path To ProfitabilityJuly 15, 2023 | finance.yahoo.comSMTI - Sanara MedTech Inc.June 27, 2023 | finance.yahoo.comSanara MedTech Inc.'s (NASDAQ:SMTI) largest shareholders are individual investors with 32% ownership, insiders own 32%June 14, 2023 | msn.comSanara MedTech: Qualified Growth Company, Market Selloff UnjustifiedMay 24, 2023 | msn.comDown -14.23% in 4 Weeks, Here's Why Sanara MedTech Inc. (SMTI) Looks Ripe for a TurnaroundMay 15, 2023 | msn.comSanara MedTech: Q1 Earnings InsightsMay 15, 2023 | finance.yahoo.comSanara MedTech Inc. Announces First Quarter 2023 ResultsMay 5, 2023 | finance.yahoo.comSanara MedTech Inc.'s (NASDAQ:SMTI) Price In Tune With RevenuesSee More Headlines Receive SMTI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sanara MedTech and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/13/2023Today12/06/2023Fiscal Year End12/31/2023Next Earnings (Estimated)3/18/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Surgical appliances & supplies Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:SMTI CUSIPN/A CIK714256 Webwww.wndm.com Phone(817) 529-2300FaxN/AEmployees101Year FoundedN/APrice Target and Rating Average Stock Price Target$49.00 High Stock Price Target$49.00 Low Stock Price Target$49.00 Potential Upside/Downside+47.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($1.00) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-7,940,000.00 Net Margins-13.05% Pretax Margin-13.32% Return on Equity-20.51% Return on Assets-13.54% Debt Debt-to-Equity Ratio0.21 Current Ratio1.46 Quick Ratio1.09 Sales & Book Value Annual Sales$45.84 million Price / Sales6.18 Cash FlowN/A Price / Cash FlowN/A Book Value$5.02 per share Price / Book6.60Miscellaneous Outstanding Shares8,540,000Free Float3,825,000Market Cap$283.10 million OptionableNot Optionable Beta1.75 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Ronald T. Nixon (Age 67)Executive Chairman Mr. Zachary B. Fleming (Age 48)Chief Executive Officer Comp: $593.64kMr. Michael D. McNeil (Age 58)CFO & Corporate Secretary Comp: $438.68kDr. Christopher A. Morrison FACHM (Age 53)FAPWCA, FCCWS, M.D., President of Telehealth Services Comp: $156kMr. Callon NicholsVice President of Corporate OperationsMr. Bill FitzgeraldChief Compliance OfficerMs. Tricia MattesonVice President of MarketingDr. Rebecca Erin Mcmahon (Age 38)President of Research & Development Mr. Ryan PhillipsPresident of BiologicsMr. Seth YonPresident of CommercialMore ExecutivesKey CompetitorsJin Medical InternationalNASDAQ:ZJYLInogenNASDAQ:INGNAltitude AcquisitionNASDAQ:ALTUEstablishment LabsNASDAQ:ESTAAvanos MedicalNYSE:AVNSView All CompetitorsInstitutional OwnershipQuadrature Capital LtdSold 1,687 shares on 11/14/2023Ownership: 0.183%Lazard Asset Management LLCBought 2,511 shares on 11/14/2023Ownership: 0.029%California State Teachers Retirement SystemSold 425 shares on 11/14/2023Ownership: 0.010%Tower Research Capital LLC TRC Bought 625 shares on 11/14/2023Ownership: 0.009%Northern Trust CorpSold 433 shares on 11/13/2023Ownership: 0.361%View All Institutional Transactions SMTI Stock Analysis - Frequently Asked Questions Should I buy or sell Sanara MedTech stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sanara MedTech in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SMTI shares. View SMTI analyst ratings or view top-rated stocks. What is Sanara MedTech's stock price target for 2024? 1 Wall Street analysts have issued twelve-month price objectives for Sanara MedTech's stock. Their SMTI share price targets range from $49.00 to $49.00. On average, they predict the company's stock price to reach $49.00 in the next year. This suggests a possible upside of 48.8% from the stock's current price. View analysts price targets for SMTI or view top-rated stocks among Wall Street analysts. How have SMTI shares performed in 2023? Sanara MedTech's stock was trading at $45.50 at the beginning of the year. Since then, SMTI shares have decreased by 27.6% and is now trading at $32.93. View the best growth stocks for 2023 here. When is Sanara MedTech's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, March 18th 2024. View our SMTI earnings forecast. How were Sanara MedTech's earnings last quarter? Sanara MedTech Inc. (NASDAQ:SMTI) announced its earnings results on Monday, November, 13th. The company reported ($0.13) earnings per share (EPS) for the quarter. The business earned $16.03 million during the quarter. Sanara MedTech had a negative net margin of 13.05% and a negative trailing twelve-month return on equity of 20.51%. What other stocks do shareholders of Sanara MedTech own? Based on aggregate information from My MarketBeat watchlists, some companies that other Sanara MedTech investors own include Lakeland Industries (LAKE), Ovintiv (OVV), SIG (SHI), Zynerba Pharmaceuticals (ZYNE), AbbVie (ABBV), American Airlines Group (AAL), Abbott Laboratories (ABT), Aurora Cannabis (ACB), AC Immune (ACIU) and Applied Genetic Technologies (AGTC). Who are Sanara MedTech's major shareholders? Sanara MedTech's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Northern Trust Corp (0.36%), Quadrature Capital Ltd (0.18%), Janney Montgomery Scott LLC (0.13%), Lazard Asset Management LLC (0.03%), New York State Common Retirement Fund (0.03%) and UBS Group AG (0.03%). Insiders that own company stock include Shawn M Bowman and Zachary B Fleming. View institutional ownership trends. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:SMTI) was last updated on 12/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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