Sharps Technology Stock Analysis
| STSS Stock | USD 0.22 0.04 15.38% |
Sharps Technology is undervalued with Real Value of 4.16 and Target Price of 16.0. The main objective of Sharps Technology stock analysis is to determine its intrinsic value, which is an estimate of what Sharps Technology is worth, separate from its market price. There are two main types of Sharps Technology's stock analysis: fundamental analysis and technical analysis.
The Sharps Technology stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Sharps Technology is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Sharps Stock trading window is adjusted to America/New York timezone.
Sharps |
Sharps Stock Analysis Notes
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. 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. To find out more about Sharps Technology contact Robert Hayes at 631 574 4436 or learn more at https://sharpstechnology.com.Sharps Technology Investment Alerts
| 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 Largest EPS Surprises
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.
| 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 |
Sharps Stock Institutional Investors
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 Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.81 M.Sharps Profitablity
| 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) |
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.
Technical Drivers
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 Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Sharps Technology middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Sharps Technology. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Sharps Technology 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 Outstanding 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 |
Sharps Technology Predictive Daily 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 Forecast Models
Sharps Technology's time-series forecasting models are one of many Sharps Technology's stock analysis techniques aimed at predicting 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.About Sharps Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Sharps Technology prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Sharps shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Sharps Technology. By using and applying Sharps Stock analysis, traders can create a robust methodology for identifying Sharps entry and exit points for their positions.
| Last Reported | Projected for Next Year |
Current Sharps Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Sharps analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Sharps analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 16.0 | Strong Buy | 1 | Odds |
Most Sharps analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Sharps stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Sharps Technology, talking to its executives and customers, or listening to Sharps conference calls.
Sharps Stock Analysis Indicators
Sharps Technology stock analysis indicators help investors evaluate how Sharps Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Sharps Technology shares will generate the highest return on investment. By understating and applying Sharps Technology stock analysis, traders can identify Sharps Technology position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 4.2 M | |
| Common Stock Shares Outstanding | 13 M | |
| Total Stockholder Equity | 7.9 M | |
| Tax Provision | -30 K | |
| Property Plant And Equipment Net | 6.8 M | |
| Cash And Short Term Investments | 3 M | |
| Cash | 3 M | |
| Accounts Payable | 794.1 K | |
| Net Debt | -3 M | |
| 50 Day M A | 3.4403 | |
| Total Current Liabilities | 3.7 M | |
| Other Operating Expenses | 10.1 M | |
| Non Current Assets Total | 7 M | |
| Non Currrent Assets Other | 76.1 K | |
| Stock Based Compensation | 963 K |
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.