CareCloud, Inc. MTBC
At closeJan 9, 2023, 4:00 PM EST
52-week range unavailable
- Market cap
- 47.64M
- Revenue (ttm)
- 143.75M
- Profit margin
- 5.88%
- Shares out
- 15.22M
- Forward P/E
- -5.31
- Volume
- 66.97K
- Open
- 2.83
- Previous close
- 3.13
- Day's range
- 2.83 – 3.21
- Beta
- 0.79
- Analysts
- Buy
- Price target
- 9.50 (+203.5%)
- Earnings date
- Nov 3, 2022
2Y -5.09 (-61.92%)
Key statistics
- Enterprise value
- 44.63M
- PEG ratio
- 0.00
- Price / sales
- 0.33
- Price / book
- 0.46
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- -12.00%
- Free cash flow
- 13.15M
- Total cash
- 3.87M
- Total debt
- 6.03M
- Return on equity
- 8.46%
- Short % of float
- 0.48%
- 50-day average
- 3.13
- 200-day average
- 3.73
Analyst view
Consensus: buy
- Target (low)
- 5.00
- Target (mean)
- 9.50
- Target (high)
- 14.50
- Strong buy0
- Buy1
- Hold0
- Sell0
- Strong sell0
Next earnings
Nov 3, 2022
Expected Nov 3, 2022. Consensus EPS estimate -0.22.
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 3, 2022 | Sep 1, 2022 | -0.19 | — | — | — |
| Aug 4, 2022 | Jun 1, 2022 | -0.13 | — | — | — |
| May 9, 2022 | Mar 1, 2022 | -0.27 | — | — | — |
| Mar 14, 2022 | Dec 1, 2021 | -0.17 | — | — | — |
| Nov 4, 2021 | Sep 1, 2021 | -0.19 | — | — | — |
| Aug 5, 2021 | Jun 1, 2021 | -0.25 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Dec 13, 2022 | Maxim Group | main | — | Buy |
| Mar 15, 2022 | B. Riley Securities | main | — | Buy |
| Jun 11, 2021 | Cantor Fitzgerald | init | — | Overweight |
| Nov 25, 2020 | HC Wainwright & Co. | main | — | Buy |
| Nov 25, 2020 | Benchmark | init | — | Buy |
| Nov 25, 2020 | HC Wainwright & Co. | up | Neutral | Buy |
About CareCloud, Inc.
CareCloud, Inc., a healthcare information technology (IT) company, provides a suite of cloud-based solutions and related business services to healthcare providers and hospitals primarily in the United States. It operates in two segments, Healthcare IT and Practice Management. The company's Software-as-a-Service platform includes revenue cycle management, practice management, electronic health record, business intelligence, telehealth, and patient experience management solutions, as well as complementary software tools and business services for medical groups and health systems. It serves physicians, nurses, nurse practitioners, physician assistants, and other clinicians that render bills for their services. The company was formerly known as MTBC, Inc. and changed its name to CareCloud, Inc. in March 2021. CareCloud, Inc. was founded in 1999 and is headquartered in Somerset, New Jersey.
- Sector
- Healthcare
- Industry
- Health Information Services
- Country
- United States
- Website
- carecloud.com
News
Fast-paced Momentum Stock CareCloud (CCLD) Is Still Trading at a Bargain 
Why Fast-paced Mover CareCloud (CCLD) Is a Great Choice for Value Investors 
CareCloud, Inc. (CCLD) Q2 2024 Earnings Call Transcript 
CareCloud, Inc. (CCLD) Q2 Earnings and Revenues Beat Estimates 
CareCloud To Announce Second-Quarter 2024 Results on August 13, 2024 
Voting on CareCloud's Series A Proxy Continues with 82% of Early Proxies Favoring the Proposal 
Is CareCloud (CCLD) Outperforming Other Medical Stocks This Year? 
CareCloud Proposes Amendment to the Terms of its Series A Preferred Stock 
Is CareCloud (CCLD) Stock Outpacing Its Medical Peers This Year? 
Are Investors Undervaluing CareCloud (CCLD) Right Now?
Your note
Sign in to keep a note on MTBC — it syncs with the Stock Master app.
Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BLANCHE KIMBERLY J ESQ. | General Counsel | Sale | Sep 10, 2020 | 0 |
| BUSQUET ANNE M | Director | Sale | Mar 3, 2021 | 111,850 |
| CHAUDHRY ATA UL HADI | President | Conversion of Exercise of derivative security | Feb 1, 2021 | 77,016 |
| DALY JOHN N | Director | Conversion of Exercise of derivative security | Feb 9, 2021 | 65,000 |
| HAQ MAHMUD UL | Officer and Director | Sale | Dec 21, 2020 | 4,585,820 |
| KORN WILLIAM D | Chief Financial Officer | Sale | Dec 2, 2020 | 135,333 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| P.A.W. Capital Partners | 4.17% | 635,000 | 1.99M | Sep 29, 2022 |
| Franklin Resources, Inc. | 2.97% | 452,691 | 1.42M | Sep 29, 2022 |
| Vanguard Group, Inc. (The) | 2.63% | 400,318 | 1.25M | Sep 29, 2022 |
| Bridgeway Capital Management, Inc. | 2.36% | 358,614 | 1.12M | Sep 29, 2022 |
| Gabelli Funds, LLC | 1.48% | 224,900 | 703.94K | Sep 29, 2022 |
| Apollo Management Holdings, L.P. | 1.38% | 209,844 | 656.81K | Sep 29, 2022 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Franklin Value Investors Trust-Franklin Microcap Value F | 2.43% | 370,239 | 1.16M | Oct 30, 2022 |
| Vanguard Total Stock Market Index Fund | 1.75% | 266,292 | 833.49K | Sep 29, 2022 |
| Bridgeway Funds Inc-Ultra Small Company Fund | 1.39% | 211,251 | 661.22K | Sep 29, 2022 |
| Gabelli Healthcare & Wellness Trust | 0.94% | 143,460 | 449.03K | Dec 30, 2022 |
| Vanguard Extended Market Index Fund | 0.79% | 119,683 | 374.61K | Sep 29, 2022 |
| Bridgeway Funds Inc-Ultra Small Company Market Fund | 0.57% | 87,363 | 273.45K | Sep 29, 2022 |