The leading market experts have placed a mean price target of $8.00 on Sharps Compliance Corp (NASDAQ:SMED) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.05 a share for the upcoming quarter and $0.05 for the current fiscal. Technical View The technical analysis of Sharps Compliance Corp plainly substantiates that the 50-day moving average of Sharps Compliance Corp is $4.49, and stock is hovering 1.36 or +30.21% distant from $4.49. It is noted that the 200-day MA is $5.54, and Sharps Compliance Corp stock is $0.30 or +5.40% off from this point. Sharps Compliance Corp (NASDAQ:SMED) 52-week high is $10.49 and the 52-week low is $4.09. This explains if the stock moves $-4.65, it will post a 52-week high. In event of $+42.79% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Sharps Compliance Corp, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Sharps Compliance Corp (NASDAQ:SMED) ratio came in at 84.64. The stock last ended the trading session at $5.84 and registered a market cap of $90.19M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Sharps Compliance Corp (NASDAQ:SMED) PEG ratio is at 5.84.
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