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CareCloud (CCLD)
NASDAQ:CCLD
CareCloud (CCLD) Stock Price & Analysis
565 Followers
CCLD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.68 - $3.58
Previous Close$1.08
Volume39.36K
Average Volume (3M)43.38K
Market Cap
$18.38M
Enterprise Value$34.51M
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$17.10M
Price to Earnings (P/E)-0.3
Beta1.01
Next Earnings
May 07, 2024EPS Estimate
-$0.29Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-4.07
Shares Outstanding16,118,492
10 Day Avg. Volume13,902
30 Day Avg. Volume43,382
Standard Deviation0.17
R-Squared0.11
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)63.05
Price to Sales (P/S)0.54
Price to Cash Flow (P/CF)1.00
P/FCF Ratio2.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.28
Enterprise Value/Gross Profit0.25
Enterprise Value/Ebitda3.50
Forecast
1Y Price Target
$3.25Price Target Upside200.90% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
CareCloud News
PremiumCompany Announcements
Carecloud’s Balancing Act: Navigating Financial Risks in the AI Revolution
Bulls Say, Bears Say
Bulls Say
Analyst UpgradeCareCloud receives an upgrade to Buy from Hold with a new price target, highlighting their improved financial guidance, commitment to enhancing free cash flow, and an attractive stock valuation.
Financial ForecastManagement's introduction of optimistic 2024 revenue and adjusted EBITDA guidance suggests a strong upward trend in CareCloud's financial performance.
Strategic DevelopmentsCareCloud's strategic moves, including cost-cutting, the launch of new AI products, and expansion into new markets, indicate a robust growth trajectory.
Bears Say
Dividend PolicyThe company suspended dividends on Series A & B preferred stock to conserve cash, which reflects financial challenges.
EarningsLower year-over-year revenue and adjusted EBITDA in the 4Q23 results reflected the loss of two hospital clients and lower operational rates from two large vendors.
Financial GuidanceManagement lowered full-year guidance to approximately $117M versus prior guidance of $120M-$122M, indicating a decline in expected revenues.
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Ownership Overview
38.28% Insiders
7.94% Mutual Funds
3.22% Other Institutional Investors
50.56% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CCLD FAQ
What was CareCloud’s price range in the past 12 months?
CareCloud lowest stock price was $0.68 and its highest was $3.58 in the past 12 months.
What is CareCloud’s market cap?
Currently, no data Available
When is CareCloud’s upcoming earnings report date?
CareCloud’s upcoming earnings report date is May 07, 2024 which is in 5 days.
How were CareCloud’s earnings last quarter?
CareCloud released its earnings results on Mar 21, 2024. The company reported -$3 earnings per share for the quarter, missing the consensus estimate of -$0.343 by -$2.657.
Is CareCloud overvalued?
According to Wall Street analysts CareCloud’s price is currently Undervalued.
Does CareCloud pay dividends?
CareCloud does not currently pay dividends.
What is CareCloud’s EPS estimate?
CareCloud’s EPS estimate is -$0.29.
How many shares outstanding does CareCloud have?
CareCloud has 16,118,492 shares outstanding.
What happened to CareCloud’s price movement after its last earnings report?
CareCloud reported an EPS of -$3 in its last earnings report, missing expectations of -$0.343. Following the earnings report the stock price went down -6.723%.
Which hedge fund is a major shareholder of CareCloud?
Among the largest hedge funds holding CareCloud’s share is Royce & Associates LLC. It holds CareCloud’s shares valued at N/A.
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CareCloud Stock Smart Score
Not Ranked
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Analyst Consensus
Moderate Buy
Average Price Target:
$3.25 (200.90% Upside)
$3.25 (200.90% Upside)
Blogger Sentiment
Bullish
CCLD Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 162.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.4%
Last 30 Days ▲ 3.6%
Last 30 Days ▲ 3.6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-66.76%
12-Months-Change
Fundamentals
Return on Equity
-67.88%
Trailing 12-Months
Asset Growth
-42.05%
Trailing 12-Months
Company Description
CareCloud
MTBC, Inc. is a healthcare information technology company, which engages in the provision of web-based solutions and business services to healthcare providers. It operates through the Healthcare Information Technology (IT) and Practice Management segments. The Healthcare IT segment includes revenue cycle management and other services. The Practice management segment involves in the management of three medical practices. The company was founded by Mahmud Ul Haq on September 28, 2001 and is headquartered in Somerset, NJ.
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CCLD Company Deck
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CCLD Earnings Call
Q4 2024
0:00 / 0:00
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CCLD Stock 12 Months Forecast
Average Price Target
$3.25
▲(200.90% Upside)
Technical Analysis
Best Analysts Covering CCLD
1 Year
1 Year Success Rate
1/20 ratings generated profit
1 Year Average Return
-40.37%
upgraded a buy rating last month
Copying Allen Klee's trades and holding each position for 1 Year would result in 5.00% of your transactions generating a profit, with an average return of -40.37% per trade.
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