company background image
SMTI logo

Sanara MedTech NasdaqCM:SMTI Stock Report

Last Price

US$34.01

Market Cap

US$272.5m

7D

3.2%

1Y

-27.0%

Updated

18 Apr, 2024

Data

Company Financials +

Sanara MedTech Inc.

NasdaqCM:SMTI Stock Report

Market Cap: US$272.5m

SMTI Stock Overview

Sanara MedTech Inc., a medical technology company, develops, markets, and distributes surgical, wound, and skincare products and services to physicians, hospitals, clinics, and post-acute care settings in the United States.

SMTI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Sanara MedTech Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sanara MedTech
Historical stock prices
Current Share PriceUS$34.01
52 Week HighUS$48.66
52 Week LowUS$26.06
Beta1.63
1 Month Change-8.67%
3 Month Change-7.81%
1 Year Change-26.99%
3 Year Change24.72%
5 Year Change608.54%
Change since IPO-96.37%

Recent News & Updates

Is Sanara MedTech (NASDAQ:SMTI) Using Too Much Debt?

Nov 15
Is Sanara MedTech (NASDAQ:SMTI) Using Too Much Debt?

Recent updates

Is Sanara MedTech (NASDAQ:SMTI) Using Too Much Debt?

Nov 15
Is Sanara MedTech (NASDAQ:SMTI) Using Too Much Debt?

Investors Still Waiting For A Pull Back In Sanara MedTech Inc. (NASDAQ:SMTI)

May 22
Investors Still Waiting For A Pull Back In Sanara MedTech Inc. (NASDAQ:SMTI)

Sanara MedTech Inc. (NASDAQ:SMTI) Analysts Are Pretty Bullish On The Stock After Recent Results

Mar 22
Sanara MedTech Inc. (NASDAQ:SMTI) Analysts Are Pretty Bullish On The Stock After Recent Results

Sanara MedTech: Differentiated Offering With Niche Wound Care Exposure

Sep 06

Sanara MedTech reports Q2 results

Aug 15

Here's Why We're Not At All Concerned With Sanara MedTech's (NASDAQ:SMTI) Cash Burn Situation

Dec 31
Here's Why We're Not At All Concerned With Sanara MedTech's (NASDAQ:SMTI) Cash Burn Situation

Sanara MedTech: Technology For Faster Healing Wounds

Dec 08

Sanara Medtech inks exclusive partnership with Pixalere Healthcare

Jun 04

Companies Like Sanara MedTech (NASDAQ:SMTI) Can Afford To Invest In Growth

May 18
Companies Like Sanara MedTech (NASDAQ:SMTI) Can Afford To Invest In Growth

Neil Cataldi From Blueprint Discusses Sanara MedTech

May 03

The Sanara MedTech (NASDAQ:SMTI) Share Price Has Soared 510%, Delighting Many Shareholders

Feb 19
The Sanara MedTech (NASDAQ:SMTI) Share Price Has Soared 510%, Delighting Many Shareholders

Is Sanara MedTech Inc. (NASDAQ:SMTI) Popular Amongst Insiders?

Dec 28
Is Sanara MedTech Inc. (NASDAQ:SMTI) Popular Amongst Insiders?

Shareholder Returns

SMTIUS Medical EquipmentUS Market
7D3.2%-4.1%-3.7%
1Y-27.0%-2.2%20.5%

Return vs Industry: SMTI underperformed the US Medical Equipment industry which returned -2.2% over the past year.

Return vs Market: SMTI underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is SMTI's price volatile compared to industry and market?
SMTI volatility
SMTI Average Weekly Movement6.4%
Medical Equipment Industry Average Movement7.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.0%

Stable Share Price: SMTI has not had significant price volatility in the past 3 months.

Volatility Over Time: SMTI's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001108Zach Flemingsanaramedtech.com

Sanara MedTech Inc., a medical technology company, develops, markets, and distributes surgical, wound, and skincare products and services to physicians, hospitals, clinics, and post-acute care settings in the United States. The company offers CellerateRX Surgical, a medical hydrolysate of Type I bovine collagen indicated for the management of surgical, traumatic, and partial- and full-thickness wounds, as well as first- and second-degree burns; and HYCOL, a medical hydrolysate of Type I bovine collagen intended for the management of full and partial thickness wounds, including pressure ulcers, venous and arterial leg ulcers, and diabetic foot ulcers. It also provides BIAKOS Antimicrobial Skin and Wound Cleanser, a patented product that contains synergistic ingredients that have been shown to impact mature biofilm microbes; BIAKOS Antimicrobial Wound Gel, an antimicrobial hydrogel wound dressing that helps against planktonic microbes, as well as immature and mature biofilms; and BIAKOS Antimicrobial Skin and Wound Irrigation Solution.

Sanara MedTech Inc. Fundamentals Summary

How do Sanara MedTech's earnings and revenue compare to its market cap?
SMTI fundamental statistics
Market capUS$272.48m
Earnings (TTM)-US$4.30m
Revenue (TTM)US$64.99m

4.5x

P/S Ratio

-68.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SMTI income statement (TTM)
RevenueUS$64.99m
Cost of RevenueUS$7.85m
Gross ProfitUS$57.14m
Other ExpensesUS$61.44m
Earnings-US$4.30m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.50
Gross Margin87.92%
Net Profit Margin-6.62%
Debt/Equity Ratio21.7%

How did SMTI perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.