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NASDAQ:SMTI

Sanara MedTech (SMTI) Stock Price, News & Analysis

$33.40
-1.64 (-4.68%)
(As of 09/6/2024 ET)
Today's Range
$33.00
$35.50
50-Day Range
$26.86
$35.89
52-Week Range
$26.00
$43.25
Volume
12,120 shs
Average Volume
17,314 shs
Market Capitalization
$292.25 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
31.7% Upside
$44.00 Price Target
Short Interest
Bearish
5.22% 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.

0.91 out of 5 stars

Medical Sector

790th out of 910 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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Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.
Sanara MedTech earnings preview: what Wall Street is expecting
Biden's Successor: The Radical Threat to YOUR Savings!
Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.
Sanara Medtech Inc (SMTI)
See More Headlines
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Company Calendar

Last Earnings
8/12/2024
Today
9/07/2024
Next Earnings (Estimated)
11/11/2024
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
+31.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-4,300,000.00
Pretax Margin
-9.23%

Debt

Sales & Book Value

Annual Sales
$64.99 million
Book Value
$4.73 per share

Miscellaneous

Free Float
3,959,000
Market Cap
$292.25 million
Optionable
Not Optionable
Beta
1.60
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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 at the start of the year. Since then, SMTI stock has decreased by 18.7% and is now trading at $33.40.
View the best growth stocks for 2024 here
.

How were Sanara MedTech's earnings last quarter?

Sanara MedTech Inc. (NASDAQ:SMTI) posted its quarterly earnings results on Monday, August, 12th. The company reported ($0.41) earnings per share for the quarter. The company earned $20.16 million during the quarter. Sanara MedTech had a negative trailing twelve-month return on equity of 15.17% and a negative net margin of 9.07%.

Who are Sanara MedTech's major shareholders?

Top institutional investors of Sanara MedTech include Renaissance Technologies LLC (0.16%). Insiders that own company stock include Zachary B Fleming and Shawn M Bowman.
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 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 9/7/2024 by MarketBeat.com Staff

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