Stock daily read

What happened with MLSS today?

Why it moved
Explains possible causes using the day’s news and filings
Moving with the market?
Uses market moves and trading volume to assess what drove the change
What to watch next
The next thing that could change the call, and what to look for

No read yet

Uses news and trading volume to explain the day’s move and how it relates to the market.

Investment outlook

MLSS in three months: buy, wait or sell?

Stop guessing. Get the call, a three-month target price, the best and worst cases, and a source for every claim.

In the report
  • Buy / Wait / Sell rating
  • 3-month target price
  • Bear · Base · Bull
  • vs. the market

Company

Company overview

Milestone Scientific supplies dentists with equipment for delivering local anesthesia. Its CompuDent and STA systems use the single-use Wand handpiece, and dental instruments and disposable handpieces account for nearly all revenue. U.S. dental offices and groups buy directly through the company’s online portal; overseas distributors buy products for sale in their markets. Its technology controls injection flow and measures pressure at the needle tip, giving clinicians visual and audible feedback to help judge placement.

The company also sells the FDA-cleared CompuFlo Epidural System, which measures needle-tip pressure to help clinicians identify the epidural space. This medical business remains small, with U.S. sales handled directly and through independent agents, and international sales through distributors. The company expects CompuFlo to supply nearly all near-term medical revenue, making that business dependent on healthcare providers adopting the system and on reimbursement for its use.

Milestone Scientific relies on a limited group of outside manufacturers, including a sole dental-handpiece manufacturer in China. Replacing manufacturers requires FDA approval, which can delay restoring supply. Continued EU sales also require medical-device certification after the transition period; the company plans to obtain that certification. Beyond product sales, it needs additional financing to keep operating.

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Source: SEC filing

Red flags

Know what’s buried in MLSS’s filings before you buy

The risk section is the longest, dullest part of the filing. This keeps only what can really hurt you: where it hits, how hard, when it plays out.

Sorted into
  • Happening now
  • Could go wrong
  • Built in

Moat

MLSS says it has a moat. Does it hold up?

Every company claims an edge. Each one is checked against hard numbers like margins and returns: which hold, and which line gives way first.

Each edge rated
  • Strong
  • Moderate
  • Limited
  • Unproven

Related companies

Milestone Scientific, Inc.’s results depend chiefly on dental practices adopting its STA anesthesia systems and repeatedly buying disposable handpieces, with international distributor sales and a limited number of manufacturing suppliers also important.

Agenda

in 24 daysThu, Nov 12

  1. Time to be announced
    Major

    Milestone Scientific, Inc. earningsThis company

    Milestone Scientific depends mainly on dental instruments and disposable handpieces for sales, and this report will show how much gross profit those products generate to support operations.