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STSS
Upturn stock ratingUpturn stock rating

Sharps Technology Inc (STSS)

Upturn stock ratingUpturn stock rating
$5.2
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

06/20/2025: STSS (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

1 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $22

1 Year Target Price $22

Analysts Price Target For last 52 week
$22Target price
Low$3.36
Current$5.2
high$2224.2

Analysis of Past Performance

Type Stock
Historic Profit -24.26%
Avg. Invested days 9
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/20/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 5.55M USD
Price to earnings Ratio -
1Y Target Price 22
Price to earnings Ratio -
1Y Target Price 22
Volume (30-day avg) 1
Beta 1.92
52 Weeks Range 3.36 - 2224.20
Updated Date 06/29/2025
52 Weeks Range 3.36 - 2224.20
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -1837.74

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -42.67%
Return on Equity (TTM) -75.14%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 8453556
Price to Sales(TTM) -
Enterprise Value 8453556
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -2.19
Shares Outstanding 1019080
Shares Floating 1017855
Shares Outstanding 1019080
Shares Floating 1017855
Percent Insiders 0.06
Percent Institutions 6.14

Analyst Ratings

Rating 1
Target Price 22
Buy -
Strong Buy 1
Buy -
Strong Buy 1
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Sharps Technology Inc

stock logo

Company Overview

overview logo History and Background

Sharps Technology, Inc. (STSS) was founded to commercialize innovative, cost-effective safety syringe technologies and improve global healthcare outcomes by reducing the spread of disease through injection.

business area logo Core Business Areas

  • Safety Syringes: Development, manufacturing, and distribution of single-use, auto-disable safety syringes designed to prevent needlestick injuries and promote safe injection practices.
  • Other Medical Devices: Potential expansion into other related medical device areas, depending on market needs and strategic partnerships.

leadership logo Leadership and Structure

Details on specific leadership roles and organizational structure are not publicly available in detailed format but the information can be reviewed in public annual filings. Sharps Technology is structured with a board of directors and an executive management team.

Top Products and Market Share

overview logo Key Offerings

  • Sharps Provensau2122: A line of ultra-low waste space, auto-retractable safety syringes. Market share data is not available; however, key competitors are Becton Dickinson (BDX), Smiths Medical, and Retractable Technologies (RTI). Revenue data is not available.

Market Dynamics

industry overview logo Industry Overview

The medical device industry is highly regulated, competitive, and driven by technological innovation. There is a growing demand for safety syringes to reduce healthcare-associated infections and needlestick injuries.

Positioning

Sharps Technology aims to be a significant player in the safety syringe market. Its competitive advantages focus on ultra-low waste and user safety.

Total Addressable Market (TAM)

The global safety syringes market is estimated to be in the billions of dollars. Sharps Technology aims to capture a substantial share of this market through its focus on cost and technological innovations.

Upturn SWOT Analysis

Strengths

  • Innovative safety syringe technology
  • Potential for reducing healthcare costs
  • Focus on user safety
  • Scalable manufacturing capabilities

Weaknesses

  • Limited brand recognition
  • Reliance on distribution partners
  • Small market capitalization
  • Unproven track record in large-scale commercialization

Opportunities

  • Growing demand for safety syringes
  • Expansion into new markets
  • Strategic partnerships
  • New product development

Threats

  • Intense competition
  • Regulatory changes
  • Price pressure
  • Technological obsolescence

Competitors and Market Share

competitor logo Key Competitors

  • BD (BDX)
  • Retractable Technologies Inc (RTI)
  • Medtronic (MDT)

Competitive Landscape

Sharps Technology's competitive advantage lies in its unique safety features. However, it faces competition from larger, well-established players with greater financial resources and market presence. Note that market share numbers are estimates due to limited data on smaller players.

Growth Trajectory and Initiatives

Historical Growth: Historical growth data is limited due to the company's early stage of commercialization.

Future Projections: Future growth projections are uncertain and dependent on successful commercialization, strategic partnerships, and market adoption.

Recent Initiatives: Recent initiatives include expanding manufacturing capacity and pursuing regulatory approvals.

Summary

Sharps Technology has innovative safety syringe technology and is in a growing market; however, it faces significant competition, limited brand recognition, and reliance on external partners. Successful commercialization of its products and expansion into new markets are critical for its future growth. Financial performance relies on revenue generation and cost management, so those will have to be improved for overall stability. Strategic alliances and partnerships will likely accelerate growth.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Market Research Reports (estimated)

Disclaimers:

This analysis is based on limited publicly available information and estimates. Market share data is approximate and subject to change. Investing in micro-cap stocks involves significant risks.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Sharps Technology Inc

Exchange NASDAQ
Headquaters Melville, NY, United States
IPO Launch date 2022-04-14
CEO & Director Mr. Robert M. Hayes
Sector Healthcare
Industry Medical Instruments & Supplies
Full time employees 55
Full time employees 55

Sharps Technology, Inc., a medical device and pharmaceutical packaging company, engages in the design, research and development, manufacturing, and commercialization of safety syringe products in the United States. The company provides safety syringe products comprising Securgard, Sologard, and Sharps Provensa that are ultra-low waste syringes for passive, and safety and reuse prevention features, as well as develops prefillable syringe systems. The company was incorporated in 2017 and is based in Melville, New York.