Critical Survey: Sharps Technology (NASDAQ:STSS) vs. Sight Sciences (NASDAQ:SGHT)

Sight Sciences (NASDAQ:SGHT) and Sharps Technology (NASDAQ:STSS) are both small-cap medical companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, earnings, dividends, valuation, profitability and institutional ownership.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Sight Sciences and Sharps Technology, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Sight Sciences	0	4	1	0	2.20
Sharps Technology	0	0	0	0	N/A

Sight Sciences currently has a consensus price target of $7.25, suggesting a potential upside of 28.32%. Given Sight Sciences’ higher probable upside, equities research analysts clearly believe Sight Sciences is more favorable than Sharps Technology.

Institutional & Insider Ownership

55.5% of Sight Sciences shares are held by institutional investors. Comparatively, 17.2% of Sharps Technology shares are held by institutional investors. 28.9% of Sight Sciences shares are held by insiders. Comparatively, 11.0% of Sharps Technology shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Profitability

This table compares Sight Sciences and Sharps Technology’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Sight Sciences	-65.90%	-45.68%	-32.27%
Sharps Technology	N/A	-100.69%	-71.53%

Risk and Volatility

Sight Sciences has a beta of 2.71, meaning that its share price is 171% more volatile than the S&P 500. Comparatively, Sharps Technology has a beta of 1.17, meaning that its share price is 17% more volatile than the S&P 500.

Valuation & Earnings

This table compares Sight Sciences and Sharps Technology”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Sight Sciences	$79.40 million	3.54	-$55.55 million	($1.12)	-5.04
Sharps Technology	N/A	N/A	-$9.84 million	($10.55)	-0.27

Sharps Technology has lower revenue, but higher earnings than Sight Sciences. Sight Sciences is trading at a lower price-to-earnings ratio than Sharps Technology, indicating that it is currently the more affordable of the two stocks.

Summary

Sight Sciences beats Sharps Technology on 9 of the 12 factors compared between the two stocks.

About Sight Sciences

Sight Sciences, Inc., an ophthalmic medical device company, engages in the development and commercialization of surgical and nonsurgical technologies for the treatment of eye diseases. It operates through two segments, Surgical Glaucoma and Dry Eye. The company's products include OMNI Surgical System, an implant-free glaucoma surgery technology indicated to reduce intraocular pressure in adult patients with primary open-angle glaucoma; and SION Surgical Instrument, a manually operated device used in ophthalmic surgical procedures to excise trabecular meshwork. It also offers TearCare System, a wearable eyelid technology for adult patients with evaporative dry eye disease due to meibomian gland dysfunction, as well as related components. It offers its products through sales representatives and distributors to hospitals, medical centers, and eyecare professionals in the United States. Sight Sciences, Inc. was incorporated in 2010 and is headquartered in Menlo Park, California.

About Sharps Technology

Sharps Technology, Inc., a medical device company, researches, designs, develops, manufactures, distributes, and sells safety syringe products in the United States. It offers Sharps Provensa, an ultra-low waste space syringe for the administration of various vaccines and injectable medications. Sharps Technology, Inc. was incorporated in 2017 and is based in Melville, New York.