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 generated outside the hospital and health care facility settings; TakeAway Recovery System to treat used needles, syringes, and other used healthcare products; Route-Based Pickup Service, a medical and hazardous waste pick-up services; and MedSafe, a solution for the safe collection, transportation, and disposal of unwanted and expired ultimate-user medications. The company also provides TakeAway Medication Recovery System that facilitates the proper disposal of unused medications; Black Pail Program for Rx, a solution with minimal segregation for the disposal of various pharmaceuticals; Inhaler Disposal to collect, transport, and destroy used pharmaceutical inhalers; Hazardous Drug Spill Control Kit for the cleanup of chemotherapy and other HD spills; TakeAway Recycle System for the collection and recycling of single-use medical devices from surgical centers and other healthcare facilities; ComplianceTRAC, a Web-based compliance and training program; and Universal Waste Shipback Systems to collect, transport, and recycle light bulbs, batteries, and other mercury containing devices. In addition, it offers other solutions, such as TakeAway Environmental Return System, SharpsTracer, Sharps Secure, Needle Disposal System, Complete Needle Collection and Disposal System, Pitch-It IV Poles, Asset Return System, and Spill Kit Recovery System, as well as Sharps MWMS, a medical waste management system. The company serves customers in home health care, retail clinics and immunizing pharmacies, pharmaceutical manufacturers, professional offices, assisted living and long-term care facilities, and government agencies, as well as distributors. Sharps Compliance Corp. was founded in 1992 and is headquartered in Houston, Texas.
IPO Year:
Exchange: NASDAQ
Website: sharpsinc.com
Date | Price Target | Rating | Analyst |
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4/5/2022 | $12.00 → $7.00 | Buy → Neutral | ROTH Capital |
8/19/2021 | Buy → Neutral | H.C. Wainwright |
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HOUSTON, April 04, 2022 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ:SMED) ("Sharps" or the "Company"), a leading full-service national provider of comprehensive waste management solutions including medical, pharmaceutical and hazardous, today announced that it has appointed W. Patrick Mulloy ("Pat") as President & Chief Executive Officer. Mr. Mulloy succeeds David P. Tusa, who resigned from the role effective April 1, 2022, to pursue other endeavors. Pat Mulloy has served as a director of the Company since February 2021. Mr. Mulloy has more than 20 years of experience in the senior housing and long-term care industry, having led three successful senior housing companies. Most re
HOUSTON, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ:SMED) ("Sharps" or the "Company"), a leading full-service national provider of comprehensive waste management solutions including medical, pharmaceutical and hazardous, today announced that it has expanded its leadership team with the appointment of Eric Bauer as Executive Vice President & Chief Financial Officer. In his new role, Mr. Bauer will oversee all aspects of Sharps' finance and accounting organization and play a key role in developing and implementing the Company's strategic initiatives and mergers and acquisitions efforts. Diana P. Diaz continues with the Company as Vice President and Chief Accounting Off
HOUSTON, Nov. 22, 2021 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ:SMED) ("Sharps" or the "Company"), a leading full-service national provider of comprehensive waste management solutions including medical, pharmaceutical and hazardous, today announced the appointment of Gary R. Enzor to its Board of Directors. Mr. Enzor brings extensive experience with Fortune 50 companies across a broad range of industries, including transportation, aerospace, automotive, chemical and technology. He currently serves as director of Boasso Global, which operates the largest bulk liquid chemical intermodal transportation and depot network in the United States and Europe, and serves on the Board of D
HOUSTON, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ: SMED) (“Sharps” or the “Company”), a leading full-service national provider of comprehensive waste management solutions including medical, pharmaceutical and hazardous, today announced the appointment of William Patrick (Pat”) Mulloy II to its Board of Directors. Mr. Mulloy has more than 20 years of experience in the senior housing and long-term care industry, having led three successful senior housing companies. Most recently he served as Chief Executive Officer of Elmcroft Senior Living, a provider of assisted and independent living, as well as memory and respite care, with over 80 communities in 18 states, wh
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ROTH Capital downgraded Sharps Compliance from Buy to Neutral and set a new price target of $7.00 from $12.00 previously
H.C. Wainwright downgraded Sharps Compliance from Buy to Neutral
HC Wainwright & Co. reiterated coverage of Sharps Compliance with a rating of Buy and set a new price target of $25.00 from $18.00 previously
Roth Capital reiterated coverage of Sharps Compliance with a rating of Buy and set a new price target of $18.00 from $16.00 previously
Stifel reiterated coverage of Sharps Compliance with a rating of Buy and set a new price target of $16.00 from $14.00 previously
Lake Street Capital reiterated coverage of Sharps Compliance with a rating of Buy and set a new price target of $18.00 from $13.00 previously
Barrington Research reiterated coverage of Sharps Compliance with a rating of Outperform and set a new price target of $15.00 from $13.00 previously
Barrington Research reiterated coverage of Sharps Compliance with a rating of Outperform and set a new price target of $13.00 from $9.00 previously
HC Wainwright & Co. reiterated coverage of Sharps Compliance with a rating of Buy and set a new price target of $18.00 from $12.00 previously
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LOS ANGELES, Aug. 22, 2022 /PRNewswire/ -- Aurora Capital Partners ("Aurora"), a leading middle-market private equity firm, today announced the successful completion of the previously commenced all-cash tender offer by Aurora's affiliate, Raven Houston Merger Sub, Inc. ("Purchaser") to purchase all of the issued and outstanding shares of common stock (the "Shares") of Sharps Compliance Corp. (NASDAQ:SMED) ("Sharps"), a leading full-service national provider of comprehensive waste management solutions including medical, pharmaceutical and hazardous waste, for $8.75 per share, net to the seller in cash, without interest and less any applicable withholding taxes. The tender offer expired one mi
HOUSTON, July 25, 2022 /PRNewswire/ -- Aurora Capital Partners ("Aurora"), a leading middle-market private equity firm, today announced that its affiliate, Raven Buyer, Inc. ("Parent"), has directed its wholly-owned subsidiary, Raven Houston Merger Sub, Inc. ("Purchaser") to commence its previously announced all-cash tender offer to acquire all of the issued and outstanding shares of common stock of Sharps Compliance Corp. (NASDAQ:SMED) ("Sharps"), a leading full-service national provider of comprehensive waste management solutions including medical, pharmaceutical and hazardous waste, for $8.75 per share, net to the seller in cash, without interest and less any applicable withholding taxes
HOUSTON, July 12, 2022 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ:SMED) ("Sharps" or the "Company"), a leading full-service national provider of comprehensive waste management solutions including medical, pharmaceutical and hazardous waste, today announced that it has entered into a definitive merger agreement to be acquired by an affiliate of Aurora Capital Partners ("Aurora"), a leading middle-market private equity firm. Under the terms of the merger agreement, Aurora will commence an all-cash tender offer to acquire all of the issued and outstanding shares of Sharps for $8.75 per share, which represents a premium of approximately 207% over Sharps' closing share price on July 1
Third quarter revenue of $17.6 million decreased 36% compared to the prior year; Excluding COVID-19 related immunization activity, third quarter revenue increased 24%Route-based customer locations increased 21% to 18,600 from 15,400 in the prior year; billings increased 12%Professional market billings grew 19% compared to prior year third quarterHome Healthcare billings increased 21% compared to third quarter 2021 Third quarter immunization-related mailback billings of $2.9 million decreased as compared to $20.2 million in third quarter 2021; Increased substantially over pre-COVID levels of $0.7 million in third quarter 2020 MedSafe billings increased 19% to $1.5 million from $1.2 million in
HOUSTON, April 26, 2022 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ:SMED) announced today that it has rescheduled the release of its third quarter 2022 financial results. The Company will release third quarter 2022 results for the period ended March 31, 2022, before the opening of the financial markets on Thursday, May 12, 2022. A conference call and webcast will follow at 11:00 a.m. ET, in which management will discuss the Company's financial results, key market initiatives and business strategy. The Sharps Compliance conference call can be accessed by domestic callers by dialing (877) 545-0320. International callers may access the call by dialing (973) 528-0002. Callers should
HOUSTON, April 19, 2022 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ:SMED) announced today that it will release its third quarter 2022 results for the period ended March 31, 2022, before the opening of the financial markets on Wednesday, April 27, 2022. A conference call and webcast will follow at 11:00 a.m. ET, in which management will discuss the Company's financial results, key market initiatives and business strategy. The Sharps Compliance conference call can be accessed by domestic callers by dialing (877) 545-0320. International callers may access the call by dialing (973) 528-0002. Callers should use conference entry code 797852. The webcast can be monitored at www.sharpsinc
HOUSTON, April 04, 2022 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ:SMED) ("Sharps" or the "Company"), a leading full-service national provider of comprehensive waste management solutions including medical, pharmaceutical and hazardous, today announced that it has appointed W. Patrick Mulloy ("Pat") as President & Chief Executive Officer. Mr. Mulloy succeeds David P. Tusa, who resigned from the role effective April 1, 2022, to pursue other endeavors. Pat Mulloy has served as a director of the Company since February 2021. Mr. Mulloy has more than 20 years of experience in the senior housing and long-term care industry, having led three successful senior housing companies. Most re
HOUSTON, March 22, 2022 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ:SMED) ("Sharps" or the "Company"), a leading full-service national provider of comprehensive waste management solutions including medical, pharmaceutical and hazardous, today announced that it has entered into a new $36.0 million credit facility with a commercial bank. The new facility will be available for, (i) working capital and other general corporate purposes (up to $6.0 million, expandable to $10.0 million via an accordion feature) and (ii) funding for acquisitions (up to $30.0 million). The agreement replaces the Company's $14.0 million existing credit facility. David P. Tusa, President and Chief Executi
HOUSTON, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ:SMED) ("Sharps" or the "Company"), a leading full-service national provider of comprehensive waste management solutions including medical, pharmaceutical and hazardous, today announced that it has expanded its leadership team with the appointment of Eric Bauer as Executive Vice President & Chief Financial Officer. In his new role, Mr. Bauer will oversee all aspects of Sharps' finance and accounting organization and play a key role in developing and implementing the Company's strategic initiatives and mergers and acquisitions efforts. Diana P. Diaz continues with the Company as Vice President and Chief Accounting Off
Gabelli Funds, LLC, will host the 8th Annual Waste & Environmental Services Symposium at the Harvard Club in New York City on Thursday, March 31, 2022. This symposium will feature presentations by senior management of leading companies, with an emphasis on industry dynamics, new technologies, and company fundamentals. For those who cannot attend in person, the symposium will also be available via webcast. Investors should contact their relationship person for more information or click on the link below to register. To register online: https://gabelli.zoom.us/webinar/register/WN_w2y_5CNFQ6KBFuSzw3KwPg Presenting Companies: Casella Waste (NASDAQ:CWST) Renovare (NASDAQ:RENO) Darl
Third quarter revenue of $17.6 million decreased 36% compared to the prior year; Excluding COVID-19 related immunization activity, third quarter revenue increased 24%Route-based customer locations increased 21% to 18,600 from 15,400 in the prior year; billings increased 12%Professional market billings grew 19% compared to prior year third quarterHome Healthcare billings increased 21% compared to third quarter 2021 Third quarter immunization-related mailback billings of $2.9 million decreased as compared to $20.2 million in third quarter 2021; Increased substantially over pre-COVID levels of $0.7 million in third quarter 2020 MedSafe billings increased 19% to $1.5 million from $1.2 million in
HOUSTON, April 26, 2022 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ:SMED) announced today that it has rescheduled the release of its third quarter 2022 financial results. The Company will release third quarter 2022 results for the period ended March 31, 2022, before the opening of the financial markets on Thursday, May 12, 2022. A conference call and webcast will follow at 11:00 a.m. ET, in which management will discuss the Company's financial results, key market initiatives and business strategy. The Sharps Compliance conference call can be accessed by domestic callers by dialing (877) 545-0320. International callers may access the call by dialing (973) 528-0002. Callers should
HOUSTON, April 19, 2022 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ:SMED) announced today that it will release its third quarter 2022 results for the period ended March 31, 2022, before the opening of the financial markets on Wednesday, April 27, 2022. A conference call and webcast will follow at 11:00 a.m. ET, in which management will discuss the Company's financial results, key market initiatives and business strategy. The Sharps Compliance conference call can be accessed by domestic callers by dialing (877) 545-0320. International callers may access the call by dialing (973) 528-0002. Callers should use conference entry code 797852. The webcast can be monitored at www.sharpsinc
HOUSTON, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ:SMED) ("Sharps" or the "Company"), a leading full-service national provider of comprehensive waste management solutions including medical, pharmaceutical and hazardous, today announced the acquisition of Midwest Medical Waste, Inc., a full-service, route-based provider of medical and hazardous waste solutions serving over 600 customer locations across Kansas. The purchase price was $4.35 million and consisted of 75% in cash and 25% in Sharps Compliance stock. David P. Tusa, President and Chief Executive Officer of Sharps, stated, "Our acquisition of Midwest Medical Waste of Kansas aligns well with our strateg
Second quarter revenue of $18.9 million increased 11% from the prior year and 36% sequentiallyRoute-based customer locations increased 17% to 17,400 from 14,900 in the prior yearProfessional market billings grew 15% compared to prior year second quarterUnused medication revenue increased 9% driven by increased Inner Liner salesImmunization-related mailback billings increased by $2.8 million sequentially as compared to 1Q22, from $1.8 million to $4.6 million, reflecting COVID-19 vaccines and booster shots administered in the Retail Pharmacy marketClosed on Affordable Medical Waste acquisition on October 22, 2021Partnership with PharMerica recently announced to address the cost-effective and c
HOUSTON, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ:SMED) announced today that it will release its second quarter 2022 results for the period ended December 31, 2021, before the opening of the financial markets on Wednesday, January 26, 2022. A conference call and webcast will follow at 11:00 a.m. ET, in which management will discuss the Company's financial results, key market initiatives and business strategy. The Sharps Compliance conference call can be accessed by domestic callers by dialing (888) 506-0062. International callers may access the call by dialing (973) 528-0011. Callers should use conference entry code 618730. The webcast can be monitored at www.shar
HOUSTON, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ:SMED) ("Sharps" or the "Company"), a leading full-service national provider of comprehensive waste management solutions including medical, pharmaceutical and hazardous, today announced the acquisition of Affordable Medical Waste ("AMW"), a full-service, route-based provider of medical waste solutions to over 500 customer locations in the Midwest, primarily in Indiana. The purchase price for AMW was $2.2 million. David P. Tusa, President and Chief Executive Officer of Sharps, stated, "Affordable Medical Waste is a very well run and respected medical waste management company serving primarily the Indiana area. This
HOUSTON, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ:SMED) announced today that it will release its first quarter 2022 results for the period ended September 30, 2021, before the opening of the financial markets on Wednesday, October 27, 2021. A conference call and webcast will follow at 11:00 a.m. ET, in which management will discuss the Company's financial results, key market initiatives and business strategy. The Sharps Compliance conference call can be accessed by domestic callers by dialing (888) 506-0062. International callers may access the call by dialing (973) 528-0011. Callers should use conference entry code 896291. The webcast can be monitored at www.shar
Fourth Quarter Revenue of $18.7 million and full year 2021 Revenue of $76.4 million, each increased 49% from the prior year Fourth Quarter Customer Billings1 of $18.7 million, increased 38% over the prior yearRetail market billings increased 68% for the quarter and 153% for the yearProfessional market billings grew 44% for the quarter and 15% for the yearRoute-Based Pickup billings increased 31% for the quarter and 32% for the yearMailback billings grew 68% to $12.0 million for the quarter, driven by strong immunization related orders, and grew 93% for the yearFourth Quarter Net Income of $5.1 million, or $0.29 per diluted share and full year Net Income of $12.9 million, or $0.76 per diluted
HOUSTON, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ:SMED) announced today that it will release its fourth quarter 2021 results for the period ended June 30, 2021, before the opening of the financial markets on Wednesday, August 18, 2021. A conference call and webcast will follow at 11:00 a.m. ET, in which management will discuss the Company's financial results, key market initiatives and business strategy. The Sharps conference call can be accessed by domestic callers by dialing (877) 407-0782. International callers may access the call by dialing (201) 689-8567. The webcast can be monitored at www.sharpsinc.com. A telephonic replay will be available through Septemb
Gainers Sharps Compliance Corp. (NASDAQ:SMED) shares jumped 196.1% to close at $8.44 on Tuesday after the company it will be acquired by an affiliate of Aurora Capital Partners for $8.75 per share. Canoo Inc. (NASDAQ:GOEV) shares climbed 53.2% to close at $3.63 after Walmart signed a definitive agreement with the company to purchase 4,500 all-electric delivery vehicles, beginning with the Lifestyle Delivery Vehicle, with the option to purchase up to 10,000 units. Rhythm Pharmaceuticals, Inc. (NASDAQ:RYTM) jumped 42.2% to close at $6.67 after the company announced positive interim results from a Phase 2 clinical trial evaluating setmelanotide for the treatment of severe obesity and hyper
Gainers Sharps Compliance (NASDAQ:SMED) stock increased by 193.5% to $8.37 during Tuesday's regular session. Sharps Compliance's stock is trading at a volume of 3.0 million shares as of 13:30 EST. This is 1500.2% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $162.5 million. Rhythm Pharmaceuticals (NASDAQ:RYTM) shares increased by 22.81% to $5.76. The current volume of 1.2 million shares is 142.0% of Rhythm Pharmaceuticals's average full-day volume over the last 100 days (last updated at 13:30 EST). The company's market cap stands at $290.2 million. Alpha Teknova (NASDAQ:TKNO) shares increased by 20.78% to $9.18. The market v
Sharps Compliance Corp. (NASDAQ:SMED) ("Sharps" or the "Company"), a leading full-service national provider of comprehensive waste management solutions including medical, pharmaceutical and hazardous waste, today announced that it has entered into a definitive merger agreement to be acquired by an affiliate of Aurora Capital Partners ("Aurora"), a leading middle-market private equity firm. Under the terms of the merger agreement, Aurora will commence an all-cash tender offer to acquire all of the issued and outstanding shares of Sharps for $8.75 per share, which represents a premium of approximately 207% over Sharps' closing share price on July 11, 2022. The transaction has been unanimous
During Tuesday's session, 539 stocks hit new 52-week lows. Areas of Significance In Today's 52-Week Lows: Taiwan Semiconductor (NYSE:TSM) was the biggest company by market cap to set a new 52-week low. The smallest company on a market cap basis to set a new 52-week low was ThermoGenesis Holdings (NASDAQ:THMO). Kalera (NASDAQ:KAL)'s stock dropped the most, trading down 21.6% to reach a new 52-week low. CommScope Hldg Co (NASDAQ:COMM)'s stock made the biggest reversal, trading up 0.0% shortly after dropping to a new 52-week low. Here are all the stocks that set new 52-week lows on Tuesday: Taiwan Semiconductor (NYSE:TSM) stock broke to a new 52-week low of $73.74 on Tuesday. Sha
On Friday, 319 stocks hit new 52-week lows. 52-Week Low Highlights: Taiwan Semiconductor (NYSE:TSM) was the biggest company in terms of market cap to set a new 52-week low. ThermoGenesis Holdings (NASDAQ:THMO) was the smallest company in terms of market cap to set a new 52-week low. CTO Realty Growth (NYSE:CTO)'s stock dropped the most, trading down 66.15% to reach a new 52-week low. Banco Macro (NYSE:BMA) saw the sharpest rebound, as shares ascended 0.0%, reversing after hiting a new 52-week low. On Friday, the following stocks hit new 52-week lows: Taiwan Semiconductor (NYSE:TSM) stock broke to a new 52-week low of $76.50 on Friday. Shares of the company traded down 5.71%.
Barrington Research analyst Kevin Steinke maintains Sharps Compliance (NASDAQ:SMED) with a Outperform and lowers the price target from $11 to $6.
On Wednesday, 329 companies hit new 52-week lows. Interesting Facts About Today's 52-Week Lows: The largest company by market cap to hit a new 52-week low was Home Depot (NYSE:HD). The smallest company by market cap to hit a new 52-week low was Performance Shipping (NASDAQ:PSHG). Athira Pharma (NASDAQ:ATHA)'s stock made the biggest move downwards, diving 66.66% to reach a new 52-week low. ASA Gold & Precious Metal (NYSE:ASA)'s stock rebounded the most, as it traded up 0.0% after dropping to a new 52-week low. Here are all the stocks that set new 52-week lows on Wednesday: Home Depot (NYSE:HD) stock hit a yearly low of $264.54. The stock was up 0.15% for the day. Walt Disney (