Logo image of MTBC

CARECLOUD INC (MTBC) Stock Price, Forecast & Analysis

USA - NASDAQ:MTBC - US14167R1005 - Common Stock

3.13 USD
+0.34 (+12.19%)
Last: 1/9/2023, 8:23:58 PM

MTBC Key Statistics, Chart & Performance

Key Statistics
Market Cap47.61M
Revenue(TTM)143.75M
Net Income(TTM)-6.85M
Shares15.21M
Float9.81M
52 Week High6.75
52 Week Low2.5
Yearly DividendN/A
Dividend YieldN/A
EPS(TTM)-0.45
PEN/A
Fwd PEN/A
Earnings (Next)03-13 2023-03-13
IPO2014-07-23
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
GICS IndustryGroupHealth Care Equipment & Services
GICS SubIndustryHealth Care Technology


MTBC short term performance overview.The bars show the price performance of MTBC in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 10 -10 -20

MTBC long term performance overview.The bars show the price performance of MTBC in the last 1, 2 and 3 years. 1 year 2 years 3 years -10 -20 -30 -40

The current stock price of MTBC is 3.13 USD. In the past month the price decreased by -3.4%. In the past year, price decreased by -44.89%.

CARECLOUD INC / MTBC Daily stock chart

MTBC Latest News, Press Relases and Analysis

MTBC Competitors/Peers

The largest stocks on the US markets in the "Health Care Technology" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
VEEV VEEVA SYSTEMS INC-CLASS A 37.18 45.40B
DOCS DOXIMITY INC-CLASS A 28.7 8.82B
WAY WAYSTAR HOLDING CORP 25.59 6.55B
HTFL HEARTFLOW INC N/A 2.20B
CERT CERTARA INC 16.34 1.31B
PHR PHREESIA INC N/A 1.23B
SDGR SCHRODINGER INC N/A 1.29B
TDOC TELADOC HEALTH INC N/A 1.19B
LFMDP LIFEMD INC - LFMD 8 7/8 PERP N/A 1.07B
CCLDO CARECLOUD INC - CCLD 8 3/4 PERP 626.5 1.06B
GDRX GOODRX HOLDINGS INC-CLASS A 8.14 990.23M
HSTM HEALTHSTREAM INC 35.94 724.40M

About MTBC

Company Profile

MTBC logo image CareCloud, Inc. operates as a healthcare information technology (IT) company. The company is headquartered in Somerset, New Jersey and currently employs 4,100 full-time employees. The company went IPO on 2014-07-23. The firm provides a suite of cloud-based solutions and related business services, to healthcare providers, from small practices to enterprise medical groups, hospitals, and health systems throughout the United States. Its segments include Healthcare IT and Practice Management. Healthcare IT segment includes revenue cycle management and other services. Practice Management segment includes the management of three medical practices. Its product and services portfolio are organized across six strategic areas, such as Cloud-based Software, Technology-enabled Services, Our Apps and App Ecosystem Partners, Premier Healthcare IT Consulting & Staffing (medSR), On-demand Workforce (CareCloud Force) and Additional Business Services. Its software-as-a-service (SaaS) platforms include practice management (PM), electronic health record (EHR), business intelligence, telehealth, patient experience management (PXM), and others.

Company Info

CARECLOUD INC

7 Clyde Road, Somerset

Somerset NEW JERSEY 08873 US

CEO: Stephen Snyder

Employees: 4100

MTBC Company Website

Phone: 17328735133.0

CARECLOUD INC / MTBC FAQ

Can you describe the business of CARECLOUD INC?

CareCloud, Inc. operates as a healthcare information technology (IT) company. The company is headquartered in Somerset, New Jersey and currently employs 4,100 full-time employees. The company went IPO on 2014-07-23. The firm provides a suite of cloud-based solutions and related business services, to healthcare providers, from small practices to enterprise medical groups, hospitals, and health systems throughout the United States. Its segments include Healthcare IT and Practice Management. Healthcare IT segment includes revenue cycle management and other services. Practice Management segment includes the management of three medical practices. Its product and services portfolio are organized across six strategic areas, such as Cloud-based Software, Technology-enabled Services, Our Apps and App Ecosystem Partners, Premier Healthcare IT Consulting & Staffing (medSR), On-demand Workforce (CareCloud Force) and Additional Business Services. Its software-as-a-service (SaaS) platforms include practice management (PM), electronic health record (EHR), business intelligence, telehealth, patient experience management (PXM), and others.


What is the stock price of CARECLOUD INC today?

The current stock price of MTBC is 3.13 USD. The price increased by 12.19% in the last trading session.


What is the dividend status of CARECLOUD INC?

MTBC does not pay a dividend.


What is the ChartMill technical and fundamental rating of MTBC stock?

MTBC has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 3 out of 10.


Can you provide the market cap for CARECLOUD INC?

CARECLOUD INC (MTBC) has a market capitalization of 47.61M USD. This makes MTBC a Nano Cap stock.


Can you provide the ownership details for MTBC stock?

You can find the ownership structure of CARECLOUD INC (MTBC) on the Ownership tab.


MTBC Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

MTBC Fundamental Analysis

ChartMill assigns a fundamental rating of 3 / 10 to MTBC. While MTBC seems to be doing ok healthwise, there are quite some concerns on its profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

MTBC Financial Highlights

Over the last trailing twelve months MTBC reported a non-GAAP Earnings per Share(EPS) of -0.45. The EPS increased by 56.73% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA N/A
ROE N/A
Debt/Equity 0
Chartmill High Growth Momentum
EPS Q2Q%-20%
Sales Q2Q%-11.96%
EPS 1Y (TTM)56.73%
Revenue 1Y (TTM)7.14%

MTBC Forecast & Estimates

11 analysts have analysed MTBC and the average price target is 9.69 USD. This implies a price increase of 209.58% is expected in the next year compared to the current price of 3.13.

For the next year, analysts expect an EPS growth of 13.69% and a revenue growth 0.64% for MTBC


Analysts
Analysts83.64
Price Target9.69 (209.58%)
EPS Next Y13.69%
Revenue Next Year0.64%

MTBC Ownership

Ownership
Inst Owners11.55%
Ins Owners0.89%
Short Float %N/A
Short RatioN/A