Is Sharps Technology Stock a Good Investment?
Sharps Technology Investment Advice | STSS |
- Examine Sharps Technology's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Sharps Technology's leadership team and their track record. Good management can help Sharps Technology navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Equipment & Supplies space and any emerging trends that could impact Sharps Technology's business and its evolving consumer preferences.
- Compare Sharps Technology's performance and market position to its competitors. Analyze how Sharps Technology is positioned in terms of product offerings, innovation, and market share.
- Check if Sharps Technology pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Sharps Technology's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Sharps Technology stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Sharps Technology is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Sharps Technology Stock
Researching Sharps Technology's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company has price-to-book ratio of 0.37. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Sharps Technology recorded a loss per share of 8.24. The entity had not issued any dividends in recent years. The firm had 1:22 split on the 16th of October 2024.
To determine if Sharps Technology is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Sharps Technology's research are outlined below:
| Sharps Technology generated a negative expected return over the last 90 days | |
| Sharps Technology has high historical volatility and very poor performance | |
| Sharps Technology has some characteristics of a very speculative penny stock | |
| Sharps Technology has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (9.84 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sharps Technology currently holds about 7.81 M in cash with (8.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.85, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Sharps Technology has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: Sharps Technology, Inc. Reminds Shareholders to Vote Before Important Shareholder Meeting on ... |
Sharps Technology Quarterly Good Will |
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Earnings surprises can significantly impact Sharps Technology's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Sharps Technology's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-14 | 2024-03-31 | -0.04 | -0.05 | -0.01 | 25 | ||
2024-03-29 | 2023-12-31 | -0.14 | -0.17 | -0.03 | 21 | ||
2023-11-14 | 2023-09-30 | -0.09 | -0.17 | -0.08 | 88 | ||
2023-08-14 | 2023-06-30 | -0.08 | -0.22 | -0.14 | 175 |
Know Sharps Technology's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Sharps Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sharps Technology backward and forwards among themselves. Sharps Technology's institutional investor refers to the entity that pools money to purchase Sharps Technology's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Tower Research Capital Llc | 2024-12-31 | 0.0 | Hightower Advisors, Llc | 2024-09-30 | 0.0 | Renaissance Technologies Corp | 2024-12-31 | 0.0 | Alphacore Capital Llc | 2024-12-31 | 0.0 | Hrt Financial Llc | 2024-12-31 | 0.0 | Essential Planning, Llc. | 2024-12-31 | 199.9 K | Garden State Investment Advisory Services Llc | 2024-09-30 | 172.9 K | Anson Funds Management Lp | 2024-12-31 | 37 K | Geode Capital Management, Llc | 2024-12-31 | 12.1 K | Org Partners Llc | 2024-12-31 | 4.5 K | Advisor Group Holdings, Inc. | 2024-09-30 | 1000 |
Sharps Technology's market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.81 M.Market Cap |
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Sharps Technology's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.75) | (0.79) | |
| Return On Capital Employed | (1.13) | (1.18) | |
| Return On Assets | (0.75) | (0.79) | |
| Return On Equity | (1.12) | (1.17) |
Determining Sharps Technology's profitability involves analyzing its financial statements and using various financial metrics to determine if Sharps Technology is a good buy. For example, gross profit margin measures Sharps Technology's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Sharps Technology's profitability and make more informed investment decisions.
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.
Evaluate Sharps Technology's management efficiency
Sharps Technology has return on total asset (ROA) of (0.5202) % which means that it has lost $0.5202 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.0321) %, meaning that it created substantial loss on money invested by shareholders. Sharps Technology's management efficiency ratios could be used to measure how well Sharps Technology manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.79 in 2025. Return On Capital Employed is likely to drop to -1.18 in 2025. At this time, Sharps Technology's Total Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 8.4 M in 2025, whereas Net Tangible Assets are likely to drop slightly above 2.1 M in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.55 | 0.39 | |
| Tangible Book Value Per Share | 0.54 | 0.38 | |
| Enterprise Value Over EBITDA | (11.65) | (12.23) | |
| Price Book Value Ratio | 17.28 | 16.42 | |
| Enterprise Value Multiple | (11.65) | (12.23) | |
| Price Fair Value | 17.28 | 16.42 | |
| Enterprise Value | 243.2 M | 408.5 M |
Leadership at Sharps Technology emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Beta 1.189 |
Basic technical analysis of Sharps Stock
As of the 23rd of March, Sharps Technology has the Variance of 225.19, coefficient of variation of (770.73), and Risk Adjusted Performance of (0.11). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sharps Technology, as well as the relationship between them. Please validate Sharps Technology mean deviation and maximum drawdown to decide if Sharps Technology is priced more or less accurately, providing market reflects its prevalent price of 0.22 per share. As Sharps Technology appears to be a penny stock we also recommend to double-check its jensen alpha numbers.Sharps Technology's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Sharps Technology insiders, such as employees or executives, is commonly permitted as long as it does not rely on Sharps Technology's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Sharps Technology insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Sharps Technology's Outstanding Corporate Bonds
Sharps Technology issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Sharps Technology uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Sharps bonds can be classified according to their maturity, which is the date when Sharps Technology has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Sharps Technology's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Sharps Technology's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.11) | |||
| Market Risk Adjusted Performance | 0.7986 | |||
| Mean Deviation | 9.02 | |||
| Coefficient Of Variation | (770.73) | |||
| Standard Deviation | 15.01 | |||
| Variance | 225.19 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (2.12) | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | 0.7886 | |||
| Maximum Drawdown | 76.46 | |||
| Value At Risk | (18.75) | |||
| Potential Upside | 19.35 | |||
| Skewness | (0.35) | |||
| Kurtosis | 7.22 |
| Risk Adjusted Performance | (0.11) | |||
| Market Risk Adjusted Performance | 0.7986 | |||
| Mean Deviation | 9.02 | |||
| Coefficient Of Variation | (770.73) | |||
| Standard Deviation | 15.01 | |||
| Variance | 225.19 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (2.12) | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | 0.7886 | |||
| Maximum Drawdown | 76.46 | |||
| Value At Risk | (18.75) | |||
| Potential Upside | 19.35 | |||
| Skewness | (0.35) | |||
| Kurtosis | 7.22 |
Consider Sharps Technology's intraday indicators
Sharps Technology intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Sharps Technology stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Sharps Technology time-series forecasting models is one of many Sharps Technology's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Sharps Technology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Sharps Stock media impact
Far too much social signal, news, headlines, and media speculation about Sharps Technology that are available to investors today. That information is available publicly through Sharps media outlets and privately through word of mouth or via Sharps internal channels. However, regardless of the origin, that massive amount of Sharps data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Sharps Technology news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Sharps Technology relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Sharps Technology's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Sharps Technology alpha.
Sharps Technology Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Sharps Technology can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Sharps Technology Corporate Management
| Robert Hayes | CEO Director | Profile | |
| Alan Blackman | Chief CoChairman | Profile | |
| Steven MD | Chief Officer | Profile | |
| Ben Scheu | Senior Sales | Profile | |
| Frank Parrado | Corporate Controller | Profile | |
| Barry Berler | Chief Inventor | Profile |
Additional Tools for Sharps Stock Analysis
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.