Sanara MedTech Inc. (SMTI)

NASDAQ: SMTI · Real-Time Price · USD
34.00
+1.36 (4.17%)
At close: Jan 21, 2025, 4:00 PM
37.26
+3.26 (9.59%)
After-hours: Jan 21, 2025, 6:30 PM EST
4.17%
Market Cap 297.20M
Revenue (ttm) 78.06M
Net Income (ttm) -8.36M
Shares Out 8.74M
EPS (ttm) -0.99
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 47,176
Open 32.71
Previous Close 32.64
Day's Range 32.06 - 34.01
52-Week Range 26.00 - 40.75
Beta 1.55
Analysts Strong Buy
Price Target 47.00 (+38.24%)
Earnings Date Nov 12, 2024

About SMTI

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 pa... [Read more]

Sector Healthcare
Founded 1982
Employees 108
Stock Exchange NASDAQ
Ticker Symbol SMTI
Full Company Profile

Financial Performance

In 2023, Sanara MedTech's revenue was $64.99 million, an increase of 41.77% compared to the previous year's $45.84 million. Losses were -$4.30 million, -45.79% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SMTI stock is "Strong Buy." The 12-month stock price forecast is $47.0, which is an increase of 38.24% from the latest price.

Price Target
$47.0
(38.24% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Sanara MedTech Inc. Announces Exclusive License and Distribution Agreement with, and Minority Investment in, Biomimetic Innovations Ltd

OsStic ® and related technologies represent differentiated solutions that address an estimated 100,000+ procedures in the U.S. annually ( 1) ; arrangement leverages Sanara's existing call points and c...

7 hours ago - GlobeNewsWire

Sanara MedTech Inc. Expands Executive Leadership Team with New Appointments

Elizabeth Taylor Appointed Chief Financial Officer;  Michael McNeil Appointed Chief Accounting Officer and Chief Administrative Officer

7 hours ago - GlobeNewsWire

Sanara MedTech Inc. Reports Unaudited Preliminary Results for the Fourth Quarter and Full Year 2024

Fourth Quarter Net Revenue Expected to Increase 45% to 48% Year-Over-Year; Full Year Net Revenue Expected to Increase 32% to 33% Year-Over-Year

7 hours ago - GlobeNewsWire

Sanara MedTech to Present at the Piper Sandler 36th Annual Healthcare Conference on December 4th

FORT WORTH, TX, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (Nasdaq: SMTI), a medical technolog...

2 months ago - GlobeNewsWire

Sanara MedTech Inc. (SMTI) Q3 2024 Earnings Call Transcript

Sanara MedTech Inc. (NASDAQ:SMTI) Q3 2024 Earnings Conference Call November 13, 2024 9:00 AM ET Company Participants Ronald Nixon - Executive Chairman and CEO Seth Yon - President of Commercial Micha...

2 months ago - Seeking Alpha

Sanara MedTech Inc. Reports Third Quarter 2024 Results

FORT WORTH, TX, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (Nasdaq: SMTI), a medical technolog...

2 months ago - GlobeNewsWire

Sanara MedTech Inc. Announces Third Quarter Earnings Release and Conference Call Dates

FORT WORTH, TX, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), a medical technolog...

2 months ago - GlobeNewsWire

Sanara MedTech Inc. Announces Changes to Its Board of Directors

FORT WORTH, TX, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. -- Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara” or the “Company”) (NASDAQ: SMTI), a medical technology company focuse...

3 months ago - GlobeNewsWire

Sanara MedTech Inc (SMTI) Trading 3.79% Higher on Oct 2

Shares of Sanara MedTech Inc (SMTI, Financial) surged 3.79% in mid-day trading on Oct 2. The stock reached an intraday high of $30.10, up from its previous close of $29.00.

3 months ago - GuruFocus

Sanara MedTech Inc. and InfuSystem Holdings, Inc. Announce Exclusive United States Distribution Agreement with, and Minority Investment in, ChemoMouthpiece, LLC

FORT WORTH, TX, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), a medical technolo...

4 months ago - GlobeNewsWire

Sanara MedTech Inc. (SMTI) Q2 2024 Earnings Call Transcript

Sanara MedTech Inc. (SMTI) Q2 2024 Earnings Call Transcript

5 months ago - Seeking Alpha

Sanara MedTech Inc. Announces Second Quarter 2024 Results

FORT WORTH, TX, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), a medical technolog...

5 months ago - GlobeNewsWire

Sanara MedTech Inc. Announces Second Quarter Earnings Release and Conference Call Dates

FORT WORTH, TX, July 30, 2024 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), a medical technolog...

6 months ago - GlobeNewsWire

Sanara MedTech Inc. (SMTI) Q1 2024 Earnings Call Transcript

Sanara MedTech Inc. (NASDAQ:SMTI) Q1 2024 Earnings Conference Call May 14, 2024 9:00 AM ET Company Participants Callon Nichols - Director of IR Ron Nixon - Executive Chairman Mike McNeil - CFO Seth Y...

9 months ago - Seeking Alpha

Sanara MedTech Inc. Announces First Quarter 2024 Results

FORT WORTH, TX, May 13, 2024 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), a medical technology...

9 months ago - GlobeNewsWire

Sanara MedTech Inc. Announces First Quarter Earnings Release and Conference Call Dates

FORT WORTH, TX, April 29, 2024 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), a medical technolo...

9 months ago - GlobeNewsWire

Sanara MedTech Inc. Announces $55 Million Debt Facility

FORT WORTH, TX, April 18, 2024 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), a medical technolo...

9 months ago - GlobeNewsWire

Sanara MedTech Inc. Announces the Appointments of Jake Waldrop as Chief Operating Officer and Tyler Palmer as Chief Corporate Development and Strategy Officer

FORT WORTH, TX, April 05, 2024 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), a medical technolo...

10 months ago - GlobeNewsWire

Sanara MedTech Inc. (SMTI) Q4 2023 Earnings Call Transcript

Sanara MedTech Inc. (SMTI) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Sanara MedTech Inc. Announces Fourth Quarter and Full Year 2023 Results

FORT WORTH, TX, March 25, 2024 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), a medical technolo...

10 months ago - GlobeNewsWire

Sanara MedTech Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Dates

FORT WORTH, TX, March 13, 2024 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), a medical technology company focused on developing and commerciali...

11 months ago - GlobeNewsWire

Sanara MedTech Inc. Announces Unaudited Preliminary Results for the Fourth Quarter and Full Year 2023

FORT WORTH, TX, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Sanara MedTech Inc . Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), a medical technolo...

11 months ago - GlobeNewsWire

Sanara MedTech Inc. Announces Exclusive License Agreement for Patented Collagen Peptides

FORT WORTH, TX, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Sanara MedTech Inc . Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), announced today th...

1 year ago - GlobeNewsWire

Sanara MedTech Inc. Announces the Publication of a 5,335 Patient Study Demonstrating a Significant Reduction in Surgical Site Infections When Activated Collagen (CellerateRX® Surgical Powder) Was Used to Promote Wound Healing

FORT WORTH, TX, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Sanara MedTech Inc . Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), a medical technolo...

1 year ago - GlobeNewsWire

Sanara MedTech Inc. (SMTI) Q3 2023 Earnings Call Transcript

Sanara MedTech Inc. (NASDAQ:SMTI) Q3 2023 Results Conference Call November 14, 2023 9:00 AM ET Company Participants Callon Nichols - Vice President of Corporate Operations Ron Nixon - Executive Chair...

1 year ago - Seeking Alpha