Sharps Compliance Corp. (NASDAQ:SMED) – Equities research analysts at Barrington Research issued their Q1 2017 earnings per share estimates for shares of Sharps Compliance Corp. in a report issued on Friday. Barrington Research analyst K. Steinke forecasts that the brokerage will post earnings of ($0.01) per share for the quarter. Barrington Research currently has a “Outperform” rating and a $6.00 price target on the stock. Barrington Research also issued estimates for Sharps Compliance Corp.’s Q2 2017 earnings at $0.06 EPS and Q4 2017 earnings at $0.03 EPS.

Sharps Compliance Corp. (NASDAQ:SMED) last released its quarterly earnings data on Wednesday, August 10th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by $0.04. The firm had revenue of $8.90 million for the quarter, compared to analysts’ expectations of $9 million. Sharps Compliance Corp. had a return on equity of 0.85% and a net margin of 0.04%. Sharps Compliance Corp.’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same period last year, the firm posted $0.08 earnings per share.

Earnings History and Estimates for Sharps Compliance Corp. (NASDAQ:SMED)

Several other brokerages have also commented on SMED. Zacks Investment Research raised shares of Sharps Compliance Corp. from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 12th. First Analysis lowered shares of Sharps Compliance Corp. from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $9.00 to $6.00 in a research report on Friday, August 12th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $7.50.

Shares of Sharps Compliance Corp. (NASDAQ:SMED) opened at 4.27 on Monday. The stock has a market capitalization of $67.90 million, a PE ratio of 4270.00 and a beta of 0.40. The stock’s 50 day moving average is $4.49 and its 200 day moving average is $4.80. Sharps Compliance Corp. has a 52-week low of $4.09 and a 52-week high of $10.30.

Large investors have recently added to or reduced their stakes in the company. Oxford Asset Management raised its stake in Sharps Compliance Corp. by 210.3% in the second quarter. Oxford Asset Management now owns 33,853 shares of the company’s stock valued at $149,000 after buying an additional 22,943 shares during the last quarter. Ingalls & Snyder LLC acquired a new stake in Sharps Compliance Corp. during the second quarter valued at about $318,000. Anderson Hoagland & Co. raised its stake in Sharps Compliance Corp. by 171.1% in the second quarter. Anderson Hoagland & Co. now owns 84,610 shares of the company’s stock valued at $371,000 after buying an additional 53,404 shares during the last quarter. Ranger Investment Management L.P. raised its stake in Sharps Compliance Corp. by 26.3% in the second quarter. Ranger Investment Management L.P. now owns 268,990 shares of the company’s stock valued at $1,181,000 after buying an additional 56,060 shares during the last quarter. Finally, Heartland Advisors Inc. raised its stake in Sharps Compliance Corp. by 691.3% in the second quarter. Heartland Advisors Inc. now owns 340,510 shares of the company’s stock valued at $1,495,000 after buying an additional 297,480 shares during the last quarter. 22.86% of the stock is owned by institutional investors.

Sharps Compliance Corp. Company Profile

Sharps Compliance Corp. is a service provider of waste management services, including medical, pharmaceutical and hazardous. The Company’s solutions facilitate the proper collection, containment, transportation and treatment of numerous types of healthcare-related materials, including hypodermic needles, lancets and other devices or objects used to puncture or lacerate the skin, or sharps, and unused consumer dispensed medications and over-the-counter drugs.

5 Day Chart for NASDAQ:SMED

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