Sanara Medtech Stock Today

SMTI Stock  USD 37.70  0.38  1.02%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 19

 
High
 
Low
Low
Sanara Medtech is trading at 37.70 as of the 25th of November 2024. This is a 1.02 percent increase since the beginning of the trading day. The stock's open price was 37.32. Sanara Medtech has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Sanara Medtech are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
22nd of February 2011
Category
Healthcare
Classification
Health Care
Sanara MedTech Inc. develops, markets, and distributes wound and skin care products to physicians, hospitals, clinics, and post-acute care settings in the United States. Sanara MedTech Inc. was incorporated in 2001 and is based in Fort Worth, Texas. Sanara Medtech operates under Medical Instruments Supplies classification in the United States and is traded on NASDAQ Exchange. The company has 8.74 M outstanding shares of which 202.97 K shares are at this time shorted by private and institutional investors with about 7.49 trading days to cover. More on Sanara Medtech

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Sanara Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanRonald Nixon
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Health Care Equipment & Supplies, Medical Instruments & Supplies, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.990.8798
Moderately Up
Pretty Stable
Gross Profit Margin0.920.8792
Sufficiently Up
Slightly volatile
Total Current Liabilities14.5 M13.8 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total16.3 M15.5 M
Sufficiently Up
Slightly volatile
Total Assets77.6 M73.9 M
Sufficiently Up
Slightly volatile
Total Current Assets20 M19 M
Sufficiently Up
Slightly volatile
Debt Levels
Sanara Medtech can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Sanara Medtech's financial leverage. It provides some insight into what part of Sanara Medtech's total assets is financed by creditors.
Liquidity
Sanara Medtech currently holds 11.79 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Sanara Medtech has a current ratio of 2.8, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Sanara Medtech's use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

(3.12 Million)
Sanara Medtech (SMTI) is traded on NASDAQ Exchange in USA. It is located in 1200 Summit Avenue, Fort Worth, TX, United States, 76102 and employs 107 people. Sanara Medtech is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 329.54 M. Sanara Medtech conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 8.74 M outstanding shares of which 202.97 K shares are at this time shorted by private and institutional investors with about 7.49 trading days to cover. Sanara Medtech currently holds about 12.68 M in cash with (3.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.53.
Check Sanara Medtech Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Sanara Medtech is $329.54 Million. Sanara Medtech has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 66.56 % of Sanara Medtech outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Sanara Ownership Details

Sanara Stock Institutional Holders

InstituionRecorded OnShares
Bank Of New York Mellon Corp2024-06-30
13.3 K
Ameriprise Financial Inc2024-06-30
13.2 K
Charles Schwab Investment Management Inc2024-09-30
11.4 K
Salem Investment Counselors Inc2024-06-30
11.2 K
Stephens Inc2024-09-30
10.8 K
Dimensional Fund Advisors, Inc.2024-09-30
7.4 K
State Board Of Admin Of Florida Retir2024-09-30
7.1 K
Lazard Asset Management Llc2024-06-30
4.6 K
Rhumbline Advisers2024-06-30
3.3 K
Blackrock Inc2024-06-30
197 K
Vanguard Group Inc2024-09-30
173 K
View Sanara Medtech Diagnostics

Sanara Medtech Historical Income Statement

As of now, Sanara Medtech's Gross Profit is increasing as compared to previous years. The Sanara Medtech's current Other Operating Expenses is estimated to increase to about 72.7 M, while Operating Income is projected to decrease to (4.4 M). View More Fundamentals

Sanara Stock Against Markets

Sanara Medtech Corporate Management

Bill FitzgeraldCompliance OfficerProfile
Jacob WaldropChief OfficerProfile
Callon NicholsDirector RelationsProfile
Jane ForeChief OfficerProfile
Tricia MattesonDirector MarketingProfile
When determining whether Sanara Medtech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sanara Medtech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sanara Medtech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sanara Medtech Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanara Medtech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Sanara Stock please use our How to Invest in Sanara Medtech guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sanara Medtech. If investors know Sanara will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sanara Medtech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.99)
Revenue Per Share
9.241
Quarterly Revenue Growth
0.352
Return On Assets
(0.05)
Return On Equity
(0.20)
The market value of Sanara Medtech is measured differently than its book value, which is the value of Sanara that is recorded on the company's balance sheet. Investors also form their own opinion of Sanara Medtech's value that differs from its market value or its book value, called intrinsic value, which is Sanara Medtech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sanara Medtech's market value can be influenced by many factors that don't directly affect Sanara Medtech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sanara Medtech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sanara Medtech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sanara Medtech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.