Sanara MedTech Inc. (SMTI)

NASDAQ: SMTI · IEX Real-Time Price · USD
30.51
-1.19 (-3.75%)
At close: May 17, 2024, 4:00 PM
30.83
+0.32 (1.05%)
After-hours: May 17, 2024, 5:45 PM EDT
-3.75%
Market Cap 263.15M
Revenue (ttm) 68.00M
Net Income (ttm) -4.89M
Shares Out 8.63M
EPS (ttm) -0.59
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 17,033
Open 31.99
Previous Close 31.70
Day's Range 30.00 - 32.35
52-Week Range 26.06 - 46.40
Beta 1.67
Analysts Buy
Price Target 51.50 (+68.8%)
Earnings Date May 13, 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 107
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 "Buy." The 12-month stock price forecast is $51.5, which is an increase of 68.80% from the latest price.

Price Target
$51.5
(68.80% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

6 days 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...

20 days 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...

4 weeks 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...

6 weeks ago - GlobeNewsWire

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...

7 weeks 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...

2 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...

3 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...

4 months 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...

6 months ago - GlobeNewsWire

Sanara MedTech Inc. Announces Third Quarter 2023 Results

FORT WORTH, TX, Nov. 13, 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 technolog...

6 months ago - GlobeNewsWire

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

FORT WORTH, TX, Oct. 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 technolog...

7 months ago - GlobeNewsWire

Sanara MedTech Announces First Sale of ALLOCYTE® Plus Advanced Viable Bone Matrix and Provides Other Product Updates

FORT WORTH, TX, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), a medical technology company focused on developing and commercializ...

7 months ago - GlobeNewsWire

Sanara MedTech to Participate in Two Upcoming Conferences

FORT WORTH, TX, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), a medical technology company focused on developing and commerciali...

8 months ago - GlobeNewsWire

Sanara MedTech Inc. Announces the Acquisition of Certain Assets Related to its Collagen Products Business

FORT WORTH, TX, Aug. 02, 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 technolog...

10 months ago - GlobeNewsWire

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

FORT WORTH, TX, Aug. 01, 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 technolog...

10 months ago - GlobeNewsWire

Sanara MedTech Inc. Announces First Quarter 2023 Results

FORT WORTH, TX, May 15, 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 technology...

1 year ago - GlobeNewsWire

Sanara MedTech Inc. Announces 510(k) Clearance for BIASURGE™ Advanced Surgical Solution

FORT WORTH, TX, April 04, 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. Announces Fourth Quarter and Full Year 2022 Results

FORT WORTH, TX, March 20, 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. Announces Fourth Quarter and Full Year 2022 Earnings Release and Conference Call Dates

FORT WORTH, TX, March 06, 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. Announces Unaudited Preliminary Results for the Fourth Quarter and Full Year 2022

FORT WORTH, TX, Feb. 22, 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 technolog...

1 year ago - GlobeNewsWire

Sanara MedTech to Participate in Two Upcoming Healthcare Conferences

FORT WORTH, TX, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), a provider of products and technologies for surgical and chronic wo...

1 year ago - GlobeNewsWire

Sanara MedTech Inc. Announces Third Quarter 2022 Results

FORT WORTH, TX, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), a provider of produ...

1 year ago - GlobeNewsWire

Sanara MedTech and InfuSystem Announce Wound Therapy Partnership

FORT WORTH, TX, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI) and InfuSystem Holdings, Inc. (“InfuSystem”) (NYSE American: INFU) a...

1 year ago - GlobeNewsWire

InfuSystem and Sanara MedTech Announce Wound Therapy Partnership

ROCHESTER HILLS, Mich.

Other symbols: INFU
1 year ago - Business Wire

Sanara MedTech Inc. Announces Third Quarter 2022 Earnings Release and Conference Call Dates

FORT WORTH, TX, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), a provider of produ...

1 year ago - GlobeNewsWire