Stock To Watch: Sharps Compliance Corp (NASDAQ:SMED)


The leading market experts have placed a mean price target of $6.50 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 $0.07 a share for the upcoming quarter and $0.14 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 $5.13, and stock is trading $-0.55 points away or -10.75% from its 50-day moving average of $5.13. Further it is trading $-0.42 or -8.35% away its 200-day moving average of $5.00. 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 $-5.91, it will post a 52-week high. In event of +11.98% 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 4580.00.

The stock last ended the trading session at $4.58 and registered a market cap of $70.73M. 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 1.53.

1 Chart Pattern Every Investor Should Know

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