Based on the key measurements obtained from Sharps Technology's financial statements, Sharps Technology is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. At this time, Sharps Technology's Non Current Liabilities Total is comparatively stable compared to the past year. Other Current Assets is likely to gain to about 140.7 K in 2025, despite the fact that Retained Earnings are likely to grow to (21.5 M). Key indicators impacting Sharps Technology's financial strength include:
The essential information of the day-to-day investment outlook for Sharps Technology includes many different criteria found on its balance sheet. An individual investor should monitor Sharps Technology's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Sharps Technology.
Please note, the imprecision that can be found in Sharps Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sharps Technology. Check Sharps Technology's Beneish M Score to see the likelihood of Sharps Technology's management manipulating its earnings.
Sharps Technology Stock Summary
Sharps Technology competes with JIN MEDICAL, Meihua International, GlucoTrack, Innovative Eyewear, and Nexgel. Sharps Technology Inc., a medical device company, researches, designs, develops, manufactures, distributes, and sells safety syringe products in the United States. The company was incorporated in 2017 and is based in Melville, New York. Sharps Technology operates under Medical Instruments Supplies classification in the United States and is traded on NASDAQ Exchange. It employs 3 people.
The reason investors look at the income statement is to determine what Sharps Technology's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining Sharps Technology's current stock value. Our valuation model uses many indicators to compare Sharps Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sharps Technology competition to find correlations between indicators driving Sharps Technology's intrinsic value. More Info.
Sharps Technology is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Sharps Technology's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Sharps Technology by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Sharps Technology Systematic Risk
Sharps Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sharps Technology volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Sharps Technology correlated with the market. If Beta is less than 0 Sharps Technology generally moves in the opposite direction as compared to the market. If Sharps Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sharps Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sharps Technology is generally in the same direction as the market. If Beta > 1 Sharps Technology moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Sharps Technology Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sharps Technology's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Sharps Technology growth as a starting point in their analysis.
Sharps Technology March 21, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Sharps Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sharps Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sharps Technology based on widely used predictive technical indicators. In general, we focus on analyzing Sharps Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sharps Technology's daily price indicators and compare them against related drivers.
When running Sharps Technology's price analysis, check to measure Sharps Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sharps Technology is operating at the current time. Most of Sharps Technology's value examination focuses on studying past and present price action to predict the probability of Sharps Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sharps Technology's price. Additionally, you may evaluate how the addition of Sharps Technology to your portfolios can decrease your overall portfolio volatility.