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S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Global shares trade mixed following technology selloff on Wall Street
The Real Problem With "Made in America" Lithium (Ad)
What is a Growth Stock Mutual Fund?
Sprinklr Gets Targets Raised By Analysts, Here's Why
The Real Problem With "Made in America" Lithium (Ad)
10 Best Airline Stocks to Buy
Ollie’s Bargain Outlet Goes On Sale 
New "Mined in America" Lithium Opportunities? (Ad)
Will MicroVision Maintain Its Momentum After the Short Squeeze?
Apple Partnership Strengthens Unity Software's Investment Appeal
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Global shares trade mixed following technology selloff on Wall Street
The Real Problem With "Made in America" Lithium (Ad)
What is a Growth Stock Mutual Fund?
Sprinklr Gets Targets Raised By Analysts, Here's Why
The Real Problem With "Made in America" Lithium (Ad)
10 Best Airline Stocks to Buy
Ollie’s Bargain Outlet Goes On Sale 
New "Mined in America" Lithium Opportunities? (Ad)
Will MicroVision Maintain Its Momentum After the Short Squeeze?
Apple Partnership Strengthens Unity Software's Investment Appeal
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Global shares trade mixed following technology selloff on Wall Street
The Real Problem With "Made in America" Lithium (Ad)
What is a Growth Stock Mutual Fund?
Sprinklr Gets Targets Raised By Analysts, Here's Why
The Real Problem With "Made in America" Lithium (Ad)
10 Best Airline Stocks to Buy
Ollie’s Bargain Outlet Goes On Sale 
New "Mined in America" Lithium Opportunities? (Ad)
Will MicroVision Maintain Its Momentum After the Short Squeeze?
Apple Partnership Strengthens Unity Software's Investment Appeal

CareCloud (CCLD) Stock Forecast, Price & News

$3.14
+0.02 (+0.64%)
(As of 06/7/2023 ET)
Compare
Today's Range
$3.11
$3.22
50-Day Range
$2.81
$3.63
52-Week Range
$2.50
$5.35
Volume
20,444 shs
Average Volume
22,849 shs
Market Capitalization
$48.87 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00

CareCloud MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
59.5% Upside
$5.00 Price Target
Short Interest
Healthy
0.20% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.51mentions of CareCloud in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$51,760 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.69) to ($0.45) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.33 out of 5 stars

Medical Sector

207th out of 981 stocks

Prepackaged Software Industry

38th out of 212 stocks


CCLD stock logo

About CareCloud (NASDAQ:CCLD) Stock

CareCloud, Inc. is a healthcare information technology (IT) company, which engages in the provision of an integrated suite of proprietary cloud-based electronic health records and practice management solutions. It operates through the Healthcare IT and Practice Management segments. The Healthcare IT segment offers a proprietary web-based suite of services such as practice management applications, certified electronic health records solutions, revenue cycle management services and mobile health applications. The Practice Management segment provides medical practices as well as telemedicine, management, bill-paying and financial advisory services. The company was founded by Mahmud Haq in 1999 and is headquartered in Somerset, NJ.

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CCLD Stock News Headlines

New "Mined in America" Lithium Opportunities?
The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.
Graphite Shortage Could Derail the $7 Trillion EV Transition
Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.
Maxim Group Reaffirms Their Buy Rating on CareCloud (CCLD)
CareCloud: Q1 Earnings Insights
CareCloud Reports First Quarter 2023 Results
CareCloud (CCLD) to Release Quarterly Earnings on Thursday
CareCloud Lauded by Health-Care Providers
Contrasting CareCloud (CCLD) and Its Rivals
See More Headlines

CCLD Price History

CCLD Company Calendar

Last Earnings
5/04/2023
Today
6/08/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:CCLD
Employees
4,150
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$5.00
High Stock Price Forecast
$5.00
Low Stock Price Forecast
$5.00
Forecasted Upside/Downside
+59.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$5.43 million
Pretax Margin
3.05%

Debt

Sales & Book Value

Annual Sales
$138.83 million
Cash Flow
$1.48 per share
Book Value
$6.68 per share

Miscellaneous

Free Float
10,229,000
Market Cap
$48.87 million
Optionable
Optionable
Beta
0.87

Key Executives

  • A. Hadi Chaudhry
    President, Chief Executive Officer & Director
  • Steve Link
    Chief Operating Officer
  • Bill Korn
    Chief Financial & Strategy Officer
  • Adeel Sarwar
    Chief Technology Officer
  • Kimberly Blanche
    Secretary, VP-Compliance & General Counsel













CCLD Stock - Frequently Asked Questions

Should I buy or sell CareCloud stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CareCloud in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CCLD shares.
View CCLD analyst ratings
or view top-rated stocks.

What is CareCloud's stock price forecast for 2023?

2 equities research analysts have issued 12 month price targets for CareCloud's shares. Their CCLD share price forecasts range from $5.00 to $5.00. On average, they expect the company's stock price to reach $5.00 in the next year. This suggests a possible upside of 59.5% from the stock's current price.
View analysts price targets for CCLD
or view top-rated stocks among Wall Street analysts.

How have CCLD shares performed in 2023?

CareCloud's stock was trading at $3.42 at the beginning of the year. Since then, CCLD stock has decreased by 8.3% and is now trading at $3.1350.
View the best growth stocks for 2023 here
.

When is CareCloud's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our CCLD earnings forecast
.

How were CareCloud's earnings last quarter?

CareCloud, Inc. (NASDAQ:CCLD) issued its quarterly earnings results on Thursday, May, 4th. The company reported ($0.28) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.31) by $0.03. The firm earned $30 million during the quarter, compared to analyst estimates of $30.98 million. CareCloud had a net margin of 0.03% and a trailing twelve-month return on equity of 0.04%.

What guidance has CareCloud issued on next quarter's earnings?

CareCloud issued an update on its FY 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $142.00 million-$146.00 million, compared to the consensus revenue estimate of $142.97 million.

What is CareCloud's stock symbol?

CareCloud trades on the NASDAQ under the ticker symbol "CCLD."

How do I buy shares of CareCloud?

Shares of CCLD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is CareCloud's stock price today?

One share of CCLD stock can currently be purchased for approximately $3.14.

How much money does CareCloud make?

CareCloud (NASDAQ:CCLD) has a market capitalization of $48.87 million and generates $138.83 million in revenue each year. The company earns $5.43 million in net income (profit) each year or ($0.75) on an earnings per share basis.

How many employees does CareCloud have?

The company employs 4,150 workers across the globe.

How can I contact CareCloud?

CareCloud's mailing address is 7 CLYDE ROAD, SOMERSET NJ, 08873. The official website for the company is www.carecloud.com. The company can be reached via phone at (732) 873-5133, via email at gene.mannheimer@westwicke.com, or via fax at 732-873-3378.

This page (NASDAQ:CCLD) was last updated on 6/8/2023 by MarketBeat.com Staff

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