Sharps Compliance Corp. (SMED) Stock: Seeing Declines In Today’s Session

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Sharps Compliance Corp. (SMED) is headed down in the market in today’s trading session. The stock, one that is focused in the service industry, is currently priced at $3.57 after heading down -6.18% so far in today’s session. As it relates to service companies, there are a number of aspects that have the potential to cause declines in the market. News is one of the most common reasons for movement. Here are the most recent stories centered around SMED:

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Aug-06-19 05:45PM Stericycle Shares Fall on Disappointing 2nd-Quarter Results
10:30AM Sharps Compliance (SMED) Earnings Expected to Grow: Should You Buy?
Jul-25-19 09:30AM CECE vs. SMED: Which Stock Should Value Investors Buy Now?
Jul-01-19 12:55PM 7 Stocks on Sale the Insiders Are Buying
Jun-26-19 11:42AM Need To Know: Sharps Compliance Corp. (NASDAQ:SMED) Insiders Have Been Buying Shares

Nonetheless, when making a decision to invest, prospective investors should take a look at much more than just news, especially in the ever incredibly complex service sector. Here’s what’s happening with Sharps Compliance Corp..

Recent Movement Out of SMED

While a move down in a single session, like the move that we’re seeing from Sharps Compliance Corp. may lead to fear in some investors, a single session move alone should not be the reason for a decision to, or not to, buy a company’s stock. It’s always a good idea to take a look at trends for a period longer than a single session. In the case of SMED, below are the trends that investors have seen:

  • Past 5 Trading Sessions – In the past week, SMED has produced a change in value amounting to -3.39%.
  • Monthly – The monthly ROI from Sharps Compliance Corp. works out to 0.99%.
  • Past Quarter – Over the past 3 months, the stock has generated a return that comes to 4.85%
  • Past 6 Months – In the last six months, investors have seen a performance that amounts to -9.75% from the stock.
  • This Year So Far – Since the the first trading session of this year SMED has generated a ROI of 3.33%.
  • Annually – Lastly, in the past year, we’ve seen a change of 0.42% out of SMED. In this period, the stock has traded at a high price of -15.42% and a low of 20.03%.

Ratios To Pay Attention To

Digging into various key ratios having to do with a stock generally gives investors a look of just how dangerous and/or potentially profitable a stock pick may be. Below are a few of the important ratios to look at when digging into SMED.

Short Ratio – The short ratio is a measure of short interest. The higher this ratio, the more investors have a belief that the stock is headed for declines. In general, strong service sector stocks can have a lower short ratio. However, we also tend to see a lot of short squeezes in the industry. Nonetheless, with regard to Sharps Compliance Corp., it’s short ratio comes to 0.83.

Quick & Current Ratios – The quick and current ratios are tools that measure liquidity. Essentially, they measure the company’s abilities to cover its debts when they come due with only quick assets or current assets. do have good quick and current ratios. As it relates to SMED, the quick and current ratios add up to 1.90 and 2.50 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the current book value of assets owned by the company. as it relates to Sharps Compliance Corp., that ratio works out to 1.58.

Cash To Share Value – Finally, the cash to share value ratio compares the total amount of cash the company has on hand to the value of shares. When it comes to SMED, the cash to share value is 0.34.

Moves From Big Money Players

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in SMED, here’s what we’re seeing:

Institutions own 20.80% of the company. Institutional interest has moved by 0.57% over the past three months. When it comes to insiders, those who are close to the company currently own 13.60% percent of SMED shares. Institutions have seen ownership changes of an accumulative 2.28% over the last three months.

Analyst Opinions With Regard To Sharps Compliance Corp.

Although it’s never a smart idea to blindly follow the opinions of analysts, it is a good idea to consider their thoughts to validate your own opinions before making an investment decision in the service sector. Below you’ll find the recent moves that we have seen from analysts as it relates to SMED.

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Jul-24-19 Initiated ROTH Capital Buy $4.50
Oct-26-17 Reiterated Stifel Buy $7 → $6
Aug-14-17 Upgrade First Analysis Sec Equal-Weight → Overweight $8
Aug-12-16 Downgrade First Analysis Sec Overweight → Equal-Weight $9 → $6
Jun-21-16 Reiterated Barrington Research Outperform $9 → $6

What We’ve Seen In Financial Results

What have ween seen from SMED in terms of financial results?Here’s what you need to know:

  • Analyst Expectations – Currently, analysts expect that the company will create EPS that totals up to be 0.05, with 0.01 to be announced in the report for the current quarter. Although this isn’t associated with earnings, since we’re talking about Wall Street analysts, the stock is currently rated a 1.70 on a scale from 1 to 5 where 1 is the poorest analyst rating and 5 is the best rating.
  • 5-Year Sales – Over the last 5 years, Sharps Compliance Corp. has created a change in revenue that adds up to 13.30%. Earnings per share over the period have experienced a change of 24.30%.
  • Q/Q – when it comes to quarter over quarter data, or Q/Q data as it is commonly referred to as in today’s society, SMED has created a earnings change by -55.50%. The company has also seen movement with regard to revenue in the amount of 1.10%.

Float Information

Investors seem to have an interest in the counts of shares both outstanding and available. As it relates to Sharps Compliance Corp., currently there are 15.28M with a float of 9.35M. These data mean that of the total of 15.28M shares of SMED that are out there today, 9.35M are available to be traded in the public space.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to SMED, the short percent of the float is 0.16%.

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