Sharps Compliance Corp (NASDAQ:SMED) – Equities researchers at Barrington Research issued their Q1 2018 earnings per share (EPS) estimates for shares of Sharps Compliance Corp in a report released on Thursday. Barrington Research analyst K. Steinke anticipates that the industrial products company will post earnings of $0.01 per share for the quarter. Barrington Research also issued estimates for Sharps Compliance Corp’s Q2 2018 earnings at $0.04 EPS, Q3 2018 earnings at ($0.01) EPS, Q4 2018 earnings at $0.05 EPS, FY2018 earnings at $0.08 EPS and FY2019 earnings at $0.13 EPS.

Sharps Compliance Corp (NASDAQ:SMED) last released its quarterly earnings data on Thursday, August 10th. The industrial products company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.01. The business had revenue of $10.36 million for the quarter, compared to analyst estimates of $10.51 million. Sharps Compliance Corp had a negative return on equity of 2.37% and a negative net margin of 3.39%. Sharps Compliance Corp’s revenue was up 16.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.01 EPS.

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Other equities research analysts also recently issued reports about the stock. Stifel Nicolaus reiterated a “buy” rating and set a $7.00 price objective on shares of Sharps Compliance Corp in a research note on Friday, August 11th. Zacks Investment Research downgraded shares of Sharps Compliance Corp from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 16th. First Analysis upgraded shares of Sharps Compliance Corp from an “equal weight” rating to an “overweight” rating and set a $8.00 price objective on the stock in a research note on Monday, August 14th. Finally, ValuEngine upgraded shares of Sharps Compliance Corp from a “sell” rating to a “hold” rating in a research note on Friday, August 11th.

Sharps Compliance Corp (SMED) traded up 0.20% during midday trading on Friday, reaching $5.03. 222 shares of the company traded hands. Sharps Compliance Corp has a 12 month low of $3.32 and a 12 month high of $5.73. The firm’s market capitalization is $80.51 million. The firm’s 50 day moving average price is $4.76 and its 200 day moving average price is $4.50.

Several large investors have recently bought and sold shares of SMED. North Star Investment Management Corp. increased its stake in Sharps Compliance Corp by 98.5% in the second quarter. North Star Investment Management Corp. now owns 193,350 shares of the industrial products company’s stock worth $818,000 after buying an additional 95,922 shares during the last quarter. Goodman Financial Corp increased its stake in Sharps Compliance Corp by 5.0% in the first quarter. Goodman Financial Corp now owns 927,955 shares of the industrial products company’s stock worth $4,417,000 after buying an additional 44,506 shares during the last quarter. Lapides Asset Management LLC increased its stake in Sharps Compliance Corp by 18.5% in the first quarter. Lapides Asset Management LLC now owns 168,800 shares of the industrial products company’s stock worth $803,000 after buying an additional 26,400 shares during the last quarter. Mesirow Financial Investment Management Equity Management increased its stake in Sharps Compliance Corp by 32.5% in the first quarter. Mesirow Financial Investment Management Equity Management now owns 57,013 shares of the industrial products company’s stock worth $272,000 after buying an additional 13,972 shares during the last quarter. Finally, Cadence Capital Management LLC increased its stake in Sharps Compliance Corp by 5.3% in the second quarter. Cadence Capital Management LLC now owns 177,450 shares of the industrial products company’s stock worth $751,000 after buying an additional 8,860 shares during the last quarter. Institutional investors own 25.91% of the company’s stock.

About Sharps Compliance Corp

Sharps Compliance Corp. is a provider of waste management services, including medical, pharmaceutical and hazardous. The Company’s solutions include Sharps Recovery System, TakeAway Medication Recovery System, MedSafe, Route-Based Pickup Service, TakeAway Recycle System, ComplianceTRAC, Universal Waste Shipback Systems and Other Solutions.

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

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