SMTI
Next earnings: Aug 12, 2026 · Before open
Signal
Bearish Setup2
Price
1
Move-2.68%Negative session
Volume
1
Volume0.6× avgNormal activity
Technical
1
RSIRSI 47Momentum negative
PRICE
Prev Close
21.64
Open
21.44
Day Range20.65 – 21.75
20.65
21.75
52W Range16.05 – 35.95
16.05
35.95
25% of range
VOLUME & SIZE
Avg Volume
59.5K
FUNDAMENTALS
P/E Ratio
351.0x
Premium valuation
EPS (TTM)
Div Yield
No dividend
Performance
1D
-2.68%
5D
+14.46%
1M
+6.47%
3M
+10.32%
6M
-2.23%
YTD
-9.81%
1Y
-33.14%
Best: 5D (+14.46%)Worst: 1Y (-33.14%)
Quick Read
TrendInsufficient MA data
Momentum
BULLISH
revenue +17% YoY · 91% gross margin
Valuation
EXPENSIVE
P/E 351x vs ~20x sector
Health
MODERATE
CR 2.3 · FCF $0.39/sh
Bullish
Key MetricsTTM
Market Cap$192.99M
Revenue TTM$107.51M
Net Income TTM-$33.58M
Free Cash Flow$3.37M
Gross Margin91.2%
Net Margin-31.2%
Operating Margin7.9%
Return on Equity-246.4%
Return on Assets-48.5%
Debt / Equity6.88
Current Ratio2.28
EPS TTM$-3.86
Alpha SignalsFull Analysis →
What Moves This Stock

Quarterly revenue growth rates and guidance - market expects sustained 25-35% growth to justify valuation

Path to profitability metrics - operating margin trajectory and timeline to positive EBITDA

New product launches and FDA clearances for wound care formulations

Major hospital system or GPO (group purchasing organization) contract wins

Macro Sensitivity
Economic Cycle

low-to-moderate - Chronic wound care is relatively non-discretionary as it addresses medical necessity (diabetic ulcers, surgical wounds, pressure injuries). However, elective surgical volumes can decline in recessions, affecting surgical wound care product demand. The post-acute care market (skilled nursing, home health) is more resilient than acute care but faces reimbursement pressure. Medicare and Medicaid funding (70%+ of wound care reimbursement) provides stability, though budget constraints can impact facility purchasing decisions.

Interest Rates

Rising interest rates create multiple headwinds: (1) Higher cost of debt service on the 7.7x D/E balance sheet, directly impacting cash flow; (2) Valuation multiple compression for unprofitable growth companies as investors demand higher risk premiums; (3) Potential tightening of credit availability for additional financing if needed to fund operations. The company's negative cash flow makes it vulnerable to financing market conditions. Lower rates would ease refinancing risk and support growth stock valuations.

Key Risks

Medicare/Medicaid reimbursement rate changes for wound care products and services - CMS policy shifts could compress end-market demand or pricing power

Regulatory pathway changes for wound care products (FDA reclassification from 510(k) to PMA could increase barriers but also competition)

Shift toward value-based care and bundled payments may pressure wound care product pricing as hospitals seek lower-cost alternatives

Investor Profile

growth - The stock appeals to small-cap growth investors willing to accept near-term losses and high volatility for exposure to the expanding chronic wound care market. The 33% revenue growth, 90% gross margins, and large addressable market attract momentum investors, while the negative cash flow and 7.7x leverage deter value and income investors. Institutional ownership is likely limited given the $200M market cap and unprofitability. The -44% one-year return reflects de-rating of unprofitable healthcare growth stocks as interest rates rose in 2024-2025.

Watch on Earnings
Medicare reimbursement rates for wound care services and products (CMS fee schedule updates)Skilled nursing facility occupancy rates and financial health (indicator of customer purchasing power)Number of active sales representatives and revenue per rep (sales force productivity)Days sales outstanding (DSO) - working capital efficiency and customer payment trends
Health Radar
3 strong3 concern
36/100
Liquidity
2.28Strong
Leverage
6.88Concern
Coverage
1.2xConcern
ROE
-246.4%Concern
ROIC
15.1%Strong
Cash
$17MStrong
ANALYST COVERAGE3 analysts
BUY
+51.9%upside to target
Buy
3100%
3 Buy (100%)0 Hold (0%)0 Sell (0%)
Full report →
Stock Health
Composite Score
4 of 5 signals bullish
8/10
Technicals
RSI RangeRSI 47 — Bearish momentum
Volume
Volume FlowAccumulation — institutional buying
Fundamentals
Last EarningsBeat estimates
Analyst ConsensusBuy
LiquidityCurrent Ratio 2.28 — healthy liquidity
Upcoming Events
EEarnings ReportMay 18, 2026
Tomorrow
DEx-Dividend DateAug 14, 2026
In 89 days
PDividend PaymentAug 31, 2026
In 106 days
Technicals
Technical SetupBEARISH
Technicals →

Trend

DowntrendGolden Cross · 50D leads 200D by 1.0%

-7.9% vs SMA 50 · -7.0% vs SMA 200

Momentum

RSI47.0
Neutral territory
MACD-0.82
Below zero — bearish pulse · expanding
Market Position
Price Levels
52W High
$35.95+70.7%
EMA 50
$23.14+9.9%
EMA 200
$22.63+7.5%
Current
$21.06
52W Low
$16.05-23.8%
52-Week RangeMid-range
$16.0525th %ile$35.95
Squeeze SetupVolume-based
Moderate Squeeze Setup

Accumulation pattern present — more buying days than selling over the past 20 sessions. Volume conditions support gradual price improvement.

20-Day Money Flow
Acc days:2
Dist days:0
Edge:+2 acc
Volume Context
Avg Vol (50D)63K
Recent Vol (5D)
88K+40%

Based on volume distribution analysis. Direct short interest data (short float %, days to cover) is not available in current data sources.

Earnings & Analysts

ANALYST ESTIMATES

Consensus of 1 analyst
Analyst revisions:Revenue↑ Revised Up

Analyst consensus estimates · Actuals replace estimates as reported

YearRevenue Est.Rev GthEPS Est.EPS GthRangeAnalysts
FY2023
$62.6M
$62.6M$62.6M
-$0.64
±2%
Low1
FY2024
$86.2M
$85.9M$86.5M
+37.6%-$1.10
±5%
Low1
FY2025
$103.0M
$102.6M$103.3M
+19.5%$0.20
±0%
Low1
Range confidence:Tight (high)ModerateWide (low)
Earnings HistorySMTI
Last 8Q
+19.7%avg beat
Beat 5 of 8 quartersMissed 3 Estimates rising
-95%
Q3'24
+45%
Q4'24
+5%
Q1'25
-32%
Q2'25
+30%
Q3'25
+137%
Q4'25
-64%
Q1'26
+131%
Q2'26
Beat
Miss
Estimate
Deeper color = bigger beat/miss
* Negative EPS shown at reduced height
Insider Activity
SEC Filings →
0 Buys/5 SellsNet Selling
Fleming Zachary B.CEO
$14K
Nov 8
SELL
Fleming Zachary B.CEO
$19K
Nov 4
SELL
Fleming Zachary B.CEO
$660
Nov 2
SELL
Bowman Shawn M.Pres. - Strate…
$18K
Sep 22
SELL
Bowman Shawn M.Pres. - Strate…
$10K
Sep 22
SELL
Financials

INSTITUTIONAL OWNERSHIP

1
BlackRock, Inc.
229K
2
Stonebridge Wealth Management, LLC
137K
3
ROYAL BANK OF CANADA
131K
4
GEODE CAPITAL MANAGEMENT, LLC
86K
5
MARSHALL WACE, LLP
76K
6
Squarepoint Ops LLC
74K
7
RENAISSANCE TECHNOLOGIES LLC
65K
8
STATE STREET CORP
63K
News & Activity

SMTI News

About

With a focus on improving patient outcomes through evidence-based healing solutions and services, Sanara MedTech Inc. markets and distributes wound and skin care products and is seeking to offer wound care and dermatology virtual consultation services via telemedicine to physicians, hospitals, clinics, and all post-acute care settings. Sanara's products are primarily sold in the North American advanced wound care and surgical tissue repair markets. Sanara MedTech markets and distributes CellerateRX® Surgical Activated Collagen® to the surgical markets as well as the following products to the wound care market: BIAKŌS™ Antimicrobial Skin and Wound Cleanser, BIAKŌS™ Antimicrobial Wound Gel, BIAKŌS™ Antimicrobial Skin and Wound Irrigation Solution, and HYCOL™ Hydrolyzed Collagen Powder and Gel. The company is constantly seeking long-term strategic partnerships with a focus on products and technologies that improve outcomes at a lower overall cost. In addition, Sanara is actively seeking to expand within its six focus areas of wound and skin care for the acute, post-acute, and surgical markets. The focus areas are debridement, biofilm removal, hydrolyzed collagen, advanced biologics, negative pressure wound therapy adjunct products, and the oxygen delivery system segment of the healthcare industry.

Industry
Surgical and Medical Instrument Manufacturing
Seth YonPresident, Chief Executive Officer & Director
Tricia MattesonVice President of Marketing
Suresh V. MuppallaPresident & Chief Executive Officer of THP
PeersHealth Care(7 companies)
Screen sector →
SymbolPriceDay %Mkt CapP/ERev GrwMarginELO
SMTI
$21.06-2.68%$193M+1897.4%-3642.7%1500
$66.13-5.07%$13.0B+12626.1%-14525.8%1500
$94.92-3.79%$12.6B+3288.2%-4239.0%1500
$523.69-3.00%$12.1B+43205.3%-3008.0%1500
$227.72-1.96%$11.7B+6554.5%-2868.8%1500
$57.90-0.86%$11.2B50.3+1459.3%147.7%1500
$76.67-3.79%$10.8B+2325815.3%-19.7%1500
Sector avg-3.02%50.3+342120.9%-4022.3%1500