S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: Wall Street poised for more losses after Fed says rates may stay high in '24
Is Gold Really Boring? (Ad)
3 Reasons This Tech Giant Is Going Back To Highs
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Is Gold Really Boring? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
5 Reasons Why Amprius is About to Take Flight 
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: Wall Street poised for more losses after Fed says rates may stay high in '24
Is Gold Really Boring? (Ad)
3 Reasons This Tech Giant Is Going Back To Highs
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Is Gold Really Boring? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
5 Reasons Why Amprius is About to Take Flight 
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: Wall Street poised for more losses after Fed says rates may stay high in '24
Is Gold Really Boring? (Ad)
3 Reasons This Tech Giant Is Going Back To Highs
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Is Gold Really Boring? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
5 Reasons Why Amprius is About to Take Flight 
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: Wall Street poised for more losses after Fed says rates may stay high in '24
Is Gold Really Boring? (Ad)
3 Reasons This Tech Giant Is Going Back To Highs
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Is Gold Really Boring? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
5 Reasons Why Amprius is About to Take Flight 
NASDAQ:CCLD

CareCloud (CCLD) Stock Forecast, Price & News

$1.25
+0.15 (+13.64%)
(As of 09/20/2023 ET)
Compare
Today's Range
$1.06
$1.32
50-Day Range
$1.10
$3.50
52-Week Range
$1.04
$5.09
Volume
137,139 shs
Average Volume
59,207 shs
Market Capitalization
$19.54 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.67

CareCloud MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
273.3% Upside
$4.67 Price Target
Short Interest
Healthy
0.85% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.23mentions of CareCloud in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$40,260 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.27) to ($0.99) Per Share

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 stars

Medical Sector

388th out of 961 stocks

Prepackaged Software Industry

93rd out of 206 stocks


CCLD stock logo

About CareCloud (NASDAQ:CCLD) Stock

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 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.

CCLD Price History

CCLD Stock News Headlines

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.
CareCloud to Participate in Upcoming Investor Conferences
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.
B.Riley Financial Remains a Buy on CareCloud (CCLD)
Roth MKM Downgrades CareCloud (CCLD)
CareCloud Reports Second Quarter 2023 Results
See 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.

CCLD Company Calendar

Last Earnings
8/03/2023
Today
9/21/2023
Next Earnings (Estimated)
11/02/2023
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
$4.67
High Stock Price Forecast
$6.00
Low Stock Price Forecast
$3.00
Forecasted Upside/Downside
+273.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$5.43 million
Pretax Margin
-0.35%

Debt

Sales & Book Value

Annual Sales
$138.83 million
Cash Flow
$1.56 per share
Book Value
$6.68 per share

Miscellaneous

Free Float
10,252,000
Market Cap
$19.54 million
Optionable
Optionable
Beta
0.94
20 Stocks to Sell Now Cover

MarketBeat 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 Executives

  • Mr. A. Hadi Chaudhry (Age 46)
    Pres, CEO & Director
    Comp: $615k
  • Mr. Lawrence J. Steenvoorden CPA (Age 52)
    Chief Financial Officer
  • Mr. Steve Link
    Chief Operating Officer
  • Mr. Norman S. Roth (Age 67)
    Principal Accounting Officer & Controller
  • Mr. Adeel Sarwar
    Chief Technology Officer
  • Ms. Kimberly J. Blanche Esq. (Age 38)
    Gen. Counsel, VP of Compliance & Sec.
  • Ms. Nathalie Garcia
    Chief Compliance Officer & Corp. Counsel
  • Kaitlyn Mode
    Corp. Communications Mang.
  • Mr. Mike Cuesta
    Chief Marketing Officer
  • Ms. Patti Peets
    Sr. VP of Sales













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

My Account -