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Track Group
(OTC:TRCK)
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Rating:56Neutral
Price Target:
$0.54
▼(-13.39% Downside)
Action:Reiterated
Date:09/10/26
The score is anchored by mixed financial performance: positive cash flow and a headline earnings rebound are offset by thin operating margins, revenue softness, leverage, and historical volatility. Valuation is a meaningful positive due to the very low P/E, while technical signals remain weak with price below key moving averages and bearish momentum readings. The recent financing-related corporate reorganization is a modest factor that reinforces the leverage backdrop.
Positive Factors
Recurring service model
Recurring monitoring and support fees can provide a more durable revenue foundation than one-time hardware sales. Serving corrections, community supervision, and public-safety agencies also embeds the company in ongoing operational programs, supporting customer continuity over the next several quarters.
Negative Factors
Thin core profitability
Very thin operating profitability leaves limited protection if revenue remains soft or operating costs rise. The recent headline net-income rebound is also less reassuring because the company reported losses across 2022–2025, indicating that earnings power has not yet demonstrated consistent durability.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring service model
Recurring monitoring and support fees can provide a more durable revenue foundation than one-time hardware sales. Serving corrections, community supervision, and public-safety agencies also embeds the company in ongoing operational programs, supporting customer continuity over the next several quarters.
Read all positive factors
Track Group (TRCK) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$21.49M
Dividend YieldN/A
Average Volume (3M)20.51K
Price to Earnings (P/E)0.9
Beta (1Y)1.35
Revenue Growth1.10%
EPS GrowthN/A
CountryUS
Employees91
SectorTechnology
Sector Strength88
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)0.61
Shares Outstanding41,335,186
10 Day Avg. Volume9,848
30 Day Avg. Volume20,506
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)-0.36
Price to Sales (P/S)0.12
P/FCF Ratio3.00
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Track Group Business Overview & Revenue Model
Company Description
Track Group, Inc., along with its subsidiaries, specializes in the development, production, and global distribution of advanced location tracking devices. Its diverse product portfolio encompasses hardware solutions like the ReliAlert XC4, a GPS m...
How the Company Makes Money
Track Group primarily makes money by selling and servicing electronic monitoring and related supervision solutions to government and law-enforcement customers. Revenue is generally generated through (1) recurring service fees for monitored individ...
Track Group Financial Statement Overview
Summary
Income Statement
64
Positive
Balance Sheet
38
Negative
Cash Flow
57
Neutral
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 36.25M | 35.22M | 36.89M | 34.48M | 36.97M | 39.66M |
| Gross Profit | 16.32M | 16.80M | 16.60M | 15.30M | 17.35M | 21.11M |
| EBITDA | 4.41M | 4.43M | 2.88M | 4.02M | 780.13K | 10.65M |
| Net Income | 21.46M | -1.88M | -3.08M | -3.39M | -7.39M | 3.44M |
Balance Sheet | ||||||
| Total Assets | 42.88M | 40.30M | 37.67M | 40.24M | 44.68M | 53.52M |
| Cash, Cash Equivalents and Short-Term Investments | 8.39M | 4.10M | 3.57M | 4.06M | 5.31M | 8.42M |
| Total Debt | 18.91M | 43.45M | 42.95M | 43.51M | 44.01M | 44.14M |
| Total Liabilities | 26.49M | 51.85M | 49.28M | 48.74M | 49.74M | 51.15M |
| Stockholders Equity | 16.40M | -11.54M | -11.61M | -8.49M | -5.05M | 2.37M |
Cash Flow | ||||||
| Free Cash Flow | 4.36M | 1.38M | 3.09M | -687.40K | -2.26M | 314.49K |
| Operating Cash Flow | 5.71M | 4.27M | 4.91M | 3.88M | 802.96K | 4.82M |
| Investing Cash Flow | -5.38M | -4.38M | -3.84M | -4.56M | -3.06M | -4.51M |
| Financing Cash Flow | 3.18M | -11.40K | -365.07K | -511.47K | -515.50K | 1.38M |
Track Group Technical Analysis
Negative
0.62
Price Trends
0.62
Negative
0.63
Negative
0.52
Negative
Market Momentum
-0.04
Positive
34.71
Neutral
20.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TRCK, the sentiment is Negative. The current price of 0.62 is above the 20-day moving average (MA) of 0.58, below the 50-day MA of 0.62, and above the 200-day MA of 0.52, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 34.71 is Neutral, neither overbought nor oversold. The STOCH value of 20.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TRCK.
Track Group Risk Analysis
Track Group disclosed 31 risk factors in its most recent earnings report. Track Group reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Track Group Peers Comparison
UnderperformOutperform
Sector (61)
TRCK
Track Group
0.49
0.17
53.61%
WATT
Energous
11.66
4.03
52.82%
IMTE
Integrated Media Technology
0.52
-0.70
-57.62%
SOBR
SOBR Safe
0.14
-3.24
-95.95%
OST
Ostin Technology Group Co., Ltd.
1.70
0.00
0.00%
Track Group Corporate Events
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Track Group Forms New Holding Subsidiary for Financing
Positive
Aug 24, 2026
On August 18, 2026, Track Group, Inc. formed Track Group Holdings, LLC as a wholly owned subsidiary and contributed all of its equity interests in Track Group Americas, Track Group Analytics, Track Group – Puerto Rico, and Emerge Monitoring ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.