NASDAQ:CCLD CareCloud (CCLD) Stock Forecast, Price & News $1.25 +0.15 (+13.64%) (As of 09/20/2023 ET) Add Compare Share Share Today's Range$1.06▼$1.3250-Day Range$1.10▼$3.5052-Week Range$1.04▼$5.09Volume137,139 shsAverage Volume59,207 shsMarket Capitalization$19.54 millionP/E RatioN/ADividend YieldN/APrice Target$4.67 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media CareCloud MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside273.3% Upside$4.67 Price TargetShort InterestHealthy0.85% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.23Based on 3 Articles This WeekInsider TradingSelling Shares$40,260 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.27) to ($0.99) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.23 out of 5 starsMedical Sector388th out of 961 stocksPrepackaged Software Industry93rd out of 206 stocks 3.3 Analyst's Opinion Consensus RatingCareCloud has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.67, CareCloud has a forecasted upside of 273.3% from its current price of $1.25.Amount of Analyst CoverageCareCloud has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.85% of the float of CareCloud has been sold short.Short Interest Ratio / Days to CoverCareCloud has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CareCloud has recently increased by 264.78%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCareCloud does not currently pay a dividend.Dividend GrowthCareCloud does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CCLD. Previous Next 2.4 News and Social Media Coverage News SentimentCareCloud has a news sentiment score of 0.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for CareCloud this week, compared to 2 articles on an average week.Search Interest5 people have searched for CCLD on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added CareCloud to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CareCloud insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $40,260.00 in company stock.Percentage Held by Insiders34.40% of the stock of CareCloud is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 18.33% of the stock of CareCloud is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for CareCloud are expected to grow in the coming year, from ($1.27) to ($0.99) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CareCloud is -1.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of CareCloud is -1.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCareCloud has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CareCloud (NASDAQ:CCLD) StockCareCloud, 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 Medical 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.Read More CCLD Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CCLD Stock News HeadlinesSeptember 15, 2023 | americanbankingnews.comCareCloud (NASDAQ:CCLD) and Bullfrog AI (NASDAQ:BFRG) Head to Head AnalysisSeptember 14, 2023 | finance.yahoo.comCareCloud and U.S. Physiatry Forge Stronger Partnership for Enhanced Healthcare ServicesSeptember 21, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. September 14, 2023 | americanbankingnews.comHead to Head Review: Newtopia (OTCMKTS:NEWUF) vs. CareCloud (NASDAQ:CCLD)September 6, 2023 | finance.yahoo.comCareCloud to Participate in Upcoming Investor ConferencesAugust 31, 2023 | finance.yahoo.comCareCloud to Exhibit at HBMA's 2023 Fall Revenue Cycle Management ConferenceAugust 29, 2023 | finance.yahoo.comCareCloud Empowers Sympathy Health Clinic with Comprehensive Telehealth Solution to Enhance Patient CareAugust 23, 2023 | finance.yahoo.comCareCloud Announced as Sponsor of the 7th Annual Gulfcoast Orthopaedic Rehabilitation ConferenceSeptember 21, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. August 22, 2023 | finance.yahoo.comCareCloud's Karl Johnson to Share Insights on Implementing Workforce Extension in Revenue Cycle Management at Becker's Health IT + Digital Health + RCM EventAugust 14, 2023 | finance.yahoo.comCareCloud CEO Hadi Chaudhry Named One of the Top 10 Most Influential HealthTech Leaders of 2023 by Mirror ReviewAugust 10, 2023 | finance.yahoo.comCareCloud to Host Investor Meetings at the Sidoti Virtual Investor ConferenceAugust 9, 2023 | finance.yahoo.comA.I.M. Health Selects CareCloud to Enhance Patient Experience and Expand ReachAugust 5, 2023 | finance.yahoo.comThese Analysts Just Made An Incredible Downgrade To Their CareCloud, Inc. (NASDAQ:CCLD) EPS ForecastsAugust 4, 2023 | markets.businessinsider.comB.Riley Financial Remains a Buy on CareCloud (CCLD)August 4, 2023 | msn.comRoth MKM Downgrades CareCloud (CCLD)August 4, 2023 | msn.comRoth MKM cuts CareCloud to neutral, cites concerns about cash needsAugust 3, 2023 | finance.yahoo.comCareCloud Reports Second Quarter 2023 ResultsAugust 3, 2023 | finance.yahoo.comCareCloud, Inc. (CCLD) Reports Q2 Loss, Lags Revenue EstimatesJuly 28, 2023 | seekingalpha.comCareCloud, Google Cloud ink pact to use generative AI for ambulatory practicesJuly 27, 2023 | finance.yahoo.comCareCloud and Google Cloud Collaborate to Bring the Benefits of Generative AI to Ambulatory Healthcare SettingsJuly 20, 2023 | finance.yahoo.comCareCloud to Announce Second Quarter 2023 Results on August 3, 2023July 17, 2023 | msn.comCareCloud: Growth, Margin Gain And Realistic AI Prospects Despite RisksJuly 14, 2023 | finance.yahoo.comCareCloud Sponsors Pakistan’s 3rd Annual National Digital Health ConferenceJuly 11, 2023 | finanznachrichten.deCareCloud, Inc: CareCloud Appoints Larry Steenvoorden as Chief Financial OfficerJuly 11, 2023 | finance.yahoo.comCareCloud Appoints Larry Steenvoorden as Chief Financial OfficerJuly 6, 2023 | finance.yahoo.comCareCloud Honored as Power 500 Healthcare Technology Company by Healthcare Technology Report, CEO Hadi Chaudhry Recognized as a Top 50 Healthcare Technology CEO of 2023See More Headlines Receive CCLD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CareCloud and its competitors with MarketBeat's FREE daily newsletter. Email Address CCLD Company Calendar Last Earnings8/03/2023Today9/21/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:CCLD CUSIPN/A CIK1582982 Webwww.carecloud.com Phone(732) 873-5133Fax732-873-3378Employees4,150Year FoundedN/APrice Target and Rating Average Stock Price Forecast$4.67 High Stock Price Forecast$6.00 Low Stock Price Forecast$3.00 Forecasted Upside/Downside+273.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($1.05) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$5.43 million Net Margins-3.60% Pretax Margin-0.35% Return on Equity-4.57% Return on Assets-3.45% Debt Debt-to-Equity Ratio0.11 Current Ratio1.42 Quick Ratio1.40 Sales & Book Value Annual Sales$138.83 million Price / Sales0.14 Cash Flow$1.56 per share Price / Cash Flow0.80 Book Value$6.68 per share Price / Book0.19Miscellaneous Outstanding Shares15,630,000Free Float10,252,000Market Cap$19.54 million OptionableOptionable Beta0.94 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. A. Hadi Chaudhry (Age 46)Pres, CEO & Director Comp: $615kMr. Lawrence J. Steenvoorden CPA (Age 52)Chief Financial Officer Mr. Steve LinkChief Operating OfficerMr. Norman S. Roth (Age 67)Principal Accounting Officer & Controller Mr. Adeel SarwarChief Technology OfficerMs. Kimberly J. Blanche Esq. (Age 38)Gen. Counsel, VP of Compliance & Sec. Ms. Nathalie GarciaChief Compliance Officer & Corp. CounselKaitlyn ModeCorp. Communications Mang.Mr. Mike CuestaChief Marketing OfficerMs. Patti PeetsSr. VP of SalesMore ExecutivesKey CompetitorsLeaflyNASDAQ:LFLYLisata TherapeuticsNASDAQ:LSTAFreeline TherapeuticsNASDAQ:FRLNBullfrog AINASDAQ:BFRGCalciMedicaNASDAQ:CALCView All CompetitorsInsiders & InstitutionsMahmud Ul HaqSold 1,000 sharesTotal: $18,010.00 ($18.01/share)Chapin Davis Inc.Bought 15,500 shares on 8/30/2023Ownership: 0.099%Wells Fargo & Company MNBought 13,068 shares on 8/15/2023Ownership: 0.084%Citadel Advisors LLCBought 600 shares on 8/15/2023Ownership: 0.000%Perritt Capital Management Inc.Bought 49,200 shares on 8/14/2023Ownership: 0.315%View All Insider TransactionsView All Institutional Transactions CCLD Stock - Frequently Asked Questions Should I buy or sell CareCloud stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CareCloud in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CCLD shares. View CCLD analyst ratings or view top-rated stocks. What is CareCloud's stock price forecast for 2023? 4 analysts have issued 12 month target prices for CareCloud's stock. Their CCLD share price forecasts range from $3.00 to $6.00. On average, they predict the company's stock price to reach $4.67 in the next twelve months. This suggests a possible upside of 273.3% 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 63.5% and is now trading at $1.25. View the best growth stocks for 2023 here. Are investors shorting CareCloud? CareCloud saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 83,900 shares, an increase of 264.8% from the August 15th total of 23,000 shares. Based on an average trading volume of 63,600 shares, the short-interest ratio is presently 1.3 days. Currently, 0.9% of the shares of the company are sold short. View CareCloud's Short Interest. When is CareCloud's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our CCLD earnings forecast. How were CareCloud's earnings last quarter? CareCloud, Inc. (NASDAQ:CCLD) announced its earnings results on Thursday, August, 3rd. The company reported ($0.37) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.28) by $0.09. The firm earned $29.36 million during the quarter, compared to the consensus estimate of $32.04 million. CareCloud had a negative net margin of 3.60% and a negative trailing twelve-month return on equity of 4.57%. What guidance has CareCloud issued on next quarter's earnings? CareCloud updated its FY 2023 earnings guidance on Friday, August, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $120.00 million-$122.00 million, compared to the consensus revenue estimate of $142.49 million. What is CareCloud's stock symbol? CareCloud trades on the NASDAQ under the ticker symbol "CCLD." Who are CareCloud's major shareholders? CareCloud's stock is owned by a number of institutional and retail investors. Top institutional investors include P.A.W. Capital Corp (4.81%), Franklin Resources Inc. (2.22%), Gabelli Funds LLC (0.94%), Dimensional Fund Advisors LP (0.56%), Geode Capital Management LLC (0.49%) and BlackRock Inc. (0.41%). Insiders that own company stock include A Hadi Chaudhry, Mahmud Ul Haq and Stephen Andrew Snyder. View institutional ownership trends. 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 $1.25. How much money does CareCloud make? CareCloud (NASDAQ:CCLD) has a market capitalization of $19.54 million and generates $138.83 million in revenue each year. The company earns $5.43 million in net income (profit) each year or ($1.05) 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 9/21/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CareCloud, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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