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Sharps Compliance (SMED) Company Profile

Updated Dec 31, 2019
Sharps Compliance has the following business profile:
Company's Full Name:Sharps Compliance Corp
Short Name:Sharps Compliance
Trading Ticker Symbol:SMED
Primary Exchange:NASDAQ
Headquarter City/Country:Texas, TX
Primary Industry Sector:Basic Industries
Seconday Sub-sector:Environmental Services
Main Business Areas: Basic Industries, Environmental Services, Industrials, Waste Management
Dividend Payments:Dividend History

Market and Trading Information for Sharps Compliance

The following details were available for trading and market data about the stock of Sharps Compliance as of writing:
Current Share Price:$4.22
Previous Year's Closing Price:$3.45
Percentage Price Change (YTD):22.32%
Market Cap:$68.14 million
52-week Price Range:$3.08 - $5.25
Dividend Per Share:$0
EPS (TTM):0.05
Price-Earnings (Trailing):91.74
Price-Earnings (Forward):38.36

Company Profile and Business Description for Sharps Compliance

Sharps Compliance Corp., incorporated on November 17, 1992, is a provider of waste management services, including medical, pharmaceutical and hazardous. The Company's solutions include Sharps Recovery System, TakeAway Medication Recovery System, MedSafe, Route-Based Pickup Service, TakeAway Recycle System, ComplianceTRAC, Universal Waste Shipback Systems and Other Solutions. The Company's solutions facilitate the collection, containment, transportation and treatment of various types of healthcare-related materials, including hypodermic needles, lancets and other devices or objects used to puncture or lacerate the skin, or sharps, hazardous waste and unused consumer dispensed medications and over-the-counter drugs.

The Company serves customers in multiple markets, such as home healthcare, retail clinics and immunizing pharmacies, pharmaceutical manufacturers, professional offices (physicians, dentists and veterinarians), assisted living and long-term care facilities (assisted living, continuing care, long-term acute care, memory care and skilled nursing), government (federal, state and local), consumers, commercial and agriculture, as well as distributors to many of the aforementioned markets. It assists its customers in determining which of its solution offerings fit for the collection, containment, return transportation and treatment of medical waste, used healthcare materials, pharmaceutical waste, hazardous waste and unused dispensed medications. It provides tracking and reporting tools.

Sharps Recovery System

The Company's Sharps Recovery System is a solution for the containment, transportation, treatment and tracking of medical waste generated outside the hospital and healthcare facility setting. The Sharps Recovery System includes sealed, leak and puncture resistant sharps container in several sizes ranging from 1 quart to 28 gallons; the United States postal service (USPS)-approved shipping box with prepaid priority mail postage; absorbent material inside the container that holds approximately 150 milliliters of fluids; a bag for additional containment, and documentation and tracking manifest. The Sharps Recovery System is transported to its owned or contracted facilities for treatment. Upon treatment or conversion of the waste, it provides electronic proof of receipt and treatment documentation to the customer through its SharpsTracer system.

TakeAway Medication Recovery System

The Company's TakeAway Medication Recovery System is a solution that facilitates the disposal of unused medications (including controlled substances) from ultimate users and Drug Enforcement Administration (DEA) registrants. The solution is designed for use in long-term care (on behalf of their patient), hospice and consumer markets. DEA Reverse Distribution solution is a collection, return and destruction solution for DEA registrants' expired or unused controlled substances. The system includes prepaid return transportation, materials to package for return, complete documentation of returned pharmaceuticals and proper disposal with online proof of destruction.

MedSafe

The Company's MedSafe is a solution for the collection, transportation and disposal of unwanted and expired prescription medications, including controlled substances from ultimate users. MedSafe is designed for use in retail pharmacies, long-term care facilities, hospice, hospitals/clinics with on-site pharmacies, narcotic treatment facilities and licensed law enforcement.

Route-Based Pickup Service

The Company's Route-Based Pickup Service offers route-based medical and hazardous waste pickup services to customers and prospects that have facilities or branches, which generate medical, pharmaceutical or hazardous waste or where the route-based pickup service is preferred. This blended service of mailback and pickup customizes the right solution with each location.

TakeAway Recycle System

TakeAway Recycle System is a solution for the collection and recycling of single-use medical devices from surgical centers and other healthcare facilities. The system consists of containers designed for use in operating rooms or sterile processing departments. The containers are placed in a pre-paid return box for shipping to the Company's treatment facilities where devices are stripped to their basic components and sent to appropriate recycling facilities.

ComplianceTRAC

ComplianceTRAC is a Web-based version of the Company's compliance and training program. ComplianceTRAC is designed for worker safety. The program includes employee training for blood borne pathogens. The online program also provides access to a database of over a million safety data sheets, safety plans, regulatory information and facility self-audits.

Universal Waste Shipback Systems

The Company's Universal Waste Shipback Systems is used for the collection, transportation and recycling of light bulbs, batteries and other mercury-containing devices. The solution is marketed to existing and prospective customers as a complement to the Company's line of medical waste and unused medication management solutions.

Other Solutions

The Company offers a range of other solutions, including TakeAway Environmental Return System, SharpsTracer, Sharps Secure Needle Disposal System, Complete Needle Collection & Disposal System and Pitch-It IV Poles. It also includes Asset Return System, Sharps Medical Waste Management System (MWMS), and Spill Kit and Recovery System.

The Company competes with Stericycle.

9220 Kirby Dr Ste 500

Peer / Competitor Companies of Environmental Services Sector

Along with Sharps Compliance Corp, the following other peer (competitor) companies also exist within the same Environmental Services - Basic Industries sector whose company profile and dividend history is as follows:

▶ Advanced Disposal (ADSW): Advanced Disposal Services, Inc., formerly ADS Waste Holdings, Inc., is an environmental services company providing non-hazardous solid waste collection, transfer, recycling and disposal services to customers in the Southeast, Midwest ....See Detailed Company Profile  and Dividend History.

▶ Avalon (AWX): Avalon Holdings Corporation (Avalon), incorporated on April 30, 1998, provides waste management services to industrial, commercial, municipal and governmental customers in northeastern and midwestern United States markets, captive landfill management ....See Detailed Company Profile  and Dividend History.

▶ Casella Waste (CWST): Casella Waste Systems, Inc., incorporated on March 1, 1993, is a solid waste services company. The Company provides resource management services to residential, commercial, municipal and industrial customers, primarily in ....See Detailed Company Profile  and Dividend History.

▶ Clean Harbors (CLH): Clean Harbors, Inc. provides environmental, energy, and industrial services in North America. It operates through Technical Services; Industrial and Field Services; Safety-Kleen; and Oil, Gas and Lodg....See Detailed Company Profile  and Dividend History.

▶ Perma-Fix Environmental (PESI): Perma-Fix Environmental Services, Inc., incorporated on December 19, 1990, is an environmental and environmental technology know-how company. The Company operates in three segments: The Treatment Segment (Treatment), the Services Segment ....See Detailed Company Profile  and Dividend History.

▶ Pope Resources (POPE): Pope Resources, A Delaware Limited Partnership manages timber resources in the United States. The company operates in three segments: Fee Timber, Timberland Investment Management, and Real Estate. The....See Detailed Company Profile  and Dividend History.

▶ Republic (RSG): Republic Services, Inc., incorporated on December 20, 1996, is a provider of non-hazardous solid waste collection, transfer, disposal, recycling and energy services. The Companys segments include Group 1, Group 2 ....See Detailed Company Profile  and Dividend History.

▶ Stericycle (SRCL): Stericycle, Inc., incorporated on March 21, 1989, is a business-to-business services provider. The Company focuses on regulated and compliance solutions for healthcare, retail, and commercial businesses. The Companys segments include ....See Detailed Company Profile  and Dividend History.

▶ Stericycle (SRCLP): Stericycle, Inc., incorporated on March 21, 1989, is a business-to-business services provider. The Company focuses on regulated and compliance solutions for healthcare, retail, and commercial businesses. The Companys segments include ....See Detailed Company Profile  and Dividend History.

▶ US Ecology (ECOL): US Ecology, Inc., incorporated on March 23, 1987, is a provider of environmental services to commercial and government entities. The Company offers treatment, disposal and recycling of hazardous, non-hazardous and ....See Detailed Company Profile  and Dividend History.

▶ Waste Connections (WCN): Waste Connections, Inc. provides waste collection, transfer, disposal, and recycling services in the United States and Canada. The company operates through six segments: Southern, Western, Eastern, Canada, Central, and Exploration and Production (E&P). It offers collection services to residential, commercial, municipal, industrial, and E&P customers; landfill disposal services; and recycling ....See Detailed Company Profile  and Dividend History.

▶ Waste Management (WM): Waste Management, Inc. (WM), incorporated on April 28, 1995, is a holding company. The Company, through its subsidiaries, is a provider of waste management environmental services. The Companys segments include ....See Detailed Company Profile  and Dividend History.

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