Analysts expect Sharps Compliance Corp. (NASDAQ:SMED) to post earnings of $0.01 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Sharps Compliance’s earnings, with the highest EPS estimate coming in at $0.03 and the lowest estimate coming in at ($0.02). The business is expected to report its next earnings report on Wednesday, October 24th.

According to Zacks, analysts expect that Sharps Compliance will report full-year earnings of $0.12 per share for the current fiscal year, with EPS estimates ranging from $0.05 to $0.19. For the next fiscal year, analysts expect that the business will report earnings of $0.11 per share, with EPS estimates ranging from $0.09 to $0.12. Zacks’ EPS averages are an average based on a survey of sell-side research analysts that follow Sharps Compliance.

Sharps Compliance (NASDAQ:SMED) last released its quarterly earnings results on Tuesday, August 14th. The industrial products company reported ($0.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.04). Sharps Compliance had a negative net margin of 1.67% and a negative return on equity of 2.62%. The company had revenue of $9.91 million for the quarter, compared to the consensus estimate of $11.24 million.

Several analysts have issued reports on SMED shares. ValuEngine raised Sharps Compliance from a “sell” rating to a “hold” rating in a report on Saturday, June 2nd. Zacks Investment Research raised Sharps Compliance from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 3rd. Finally, TheStreet lowered Sharps Compliance from a “c-” rating to a “d+” rating in a research note on Wednesday, June 27th.

NASDAQ:SMED opened at $3.51 on Friday. Sharps Compliance has a 52-week low of $3.14 and a 52-week high of $5.15. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.71 and a quick ratio of 2.05. The stock has a market cap of $56.93 million, a price-to-earnings ratio of -87.75, a P/E/G ratio of 1.34 and a beta of 0.56.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Deutsche Bank AG boosted its stake in shares of Sharps Compliance by 1,194.7% in the fourth quarter. Deutsche Bank AG now owns 28,484 shares of the industrial products company’s stock worth $116,000 after acquiring an additional 26,284 shares during the period. Marathon Capital Management bought a new position in shares of Sharps Compliance in the first quarter worth about $249,000. Municipal Employees Retirement System of Michigan bought a new position in shares of Sharps Compliance in the first quarter worth about $376,000. Wells Fargo & Company MN boosted its stake in shares of Sharps Compliance by 59.6% in the first quarter. Wells Fargo & Company MN now owns 227,500 shares of the industrial products company’s stock worth $1,033,000 after acquiring an additional 85,000 shares during the period. Finally, North Star Investment Management Corp. bought a new position in shares of Sharps Compliance in the second quarter worth about $873,000. 22.85% of the stock is owned by hedge funds and other institutional investors.

Sharps Compliance Company Profile

Sharps Compliance Corp. provides medical, pharmaceutical, and hazardous waste management services in the United States. It offers Sharps Recovery System for the containment, transportation, treatment, and tracking of medical waste and used healthcare materials generated outside the hospital and health care facility settings; TakeAway Medication Recovery System, a solution that facilitates the proper disposal of unused medications; MedSafe, a solution for the safe collection, transportation, and proper disposal of unwanted and expired prescription medications; and ComplianceTRAC, a Web-based compliance and training program.

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Earnings History and Estimates for Sharps Compliance (NASDAQ:SMED)

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