Sanara MedTech: Differentiated Offering With Niche Wound Care Exposure

Zach Bristow
4.17K Followers

Summary

  • Sanara MedTech has caught a bid since the June roll and looks attractively priced at its current market cap.
  • Q2 earnings were strong and demonstrated the company is capturing market share.
  • We see shares offer a 25% pricing asymmetry to the upside based on forward-looking sales multiples.
  • We rate SMTI a buy.

Doctor hand touches and examines wound on leg

megaflopp/iStock via Getty Images

Investment summary

We continue to see selective opportunities within US medical devices as investors look to shift up the quality spectrum. One such name is Sanara MedTech Inc. (NASDAQ:SMTI), a differentiated offering with niche exposure

This article was written by

4.17K Followers
Equity strategist (US Equities)Technical focus on fundamental value drivers of business economics to uncover high probability long-term compounders. Seeking to buy at appropriate prices relative to intrinsic worth. Partners are represented over the cross-section of financial markets, from speculators, hedgers, long-term traders and the public. Research covers investment securities and futures & options markets. Shoot me a message to talk trade ideas or portfolio construction. Disclaimer:All research is strictly for informational purposes only. Not to be considered investment advice. Conduct your own due diligence. The Company accepts no responsibility for personal decisions made. Opinions of The Company and its affiliates may change from time to time without prior acknowledgement. The Company and its representatives share no economic relationship with any entities in which it holds common stock investments.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of SMTI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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