Positive News SentimentPositive NewsNASDAQ:CCLD CareCloud (CCLD) Stock Forecast, Price & News $3.14 +0.02 (+0.64%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$3.11▼$3.2250-Day Range$2.81▼$3.6352-Week Range$2.50▼$5.35Volume20,444 shsAverage Volume22,849 shsMarket Capitalization$48.87 millionP/E RatioN/ADividend YieldN/APrice Target$5.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesHeadlinesOptions ChainSEC FilingsShort InterestSocial Media CareCloud MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside59.5% Upside$5.00 Price TargetShort InterestHealthy0.20% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.51Based on 2 Articles This WeekInsider TradingSelling Shares$51,760 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.69) to ($0.45) 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.2.33 out of 5 starsMedical Sector207th out of 981 stocksPrepackaged Software Industry38th out of 212 stocks 3.5 Analyst's Opinion Consensus RatingCareCloud has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.00, CareCloud has a forecasted upside of 59.5% from its current price of $3.14.Amount of Analyst CoverageCareCloud has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.20% of the float of CareCloud has been sold short.Short Interest Ratio / Days to CoverCareCloud has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous month 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 2.5 News and Social Media Coverage News SentimentCareCloud has a news sentiment score of 1.51. 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 higher news sentiment than the 0.51 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 2 news articles for CareCloud this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for CCLD on MarketBeat 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 $51,760.00 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 19.68% 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 ($0.69) to ($0.45) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CareCloud is -4.18, 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 -4.18, 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 0.47. 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. 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.Read More 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 Stock News HeadlinesJune 7, 2023 | finance.yahoo.comCareCloud Announces Silver Sponsorship at MENA Hospital Projects Conference in DubaiJune 6, 2023 | finance.yahoo.comCareCloud Strengthens Partnership with Mississippi Medical Clinics to Add Advanced Revenue Cycle Management and Chronic Care Management SolutionsJune 8, 2023 | Edge On The Street (Ad)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.May 31, 2023 | technews.tmcnet.comCareCloud's medSR Division to Showcase Their Comprehensive Range of Healthcare IT Consulting Services at the 2023 MUSE Inspire ConferenceMay 25, 2023 | finance.yahoo.comForbes Review Acknowledges CareCloud as Ideal Solution for Small and Large PracticesMay 17, 2023 | finance.yahoo.comCareCloud Spearheads Middle East Expansion at PrecisionMed Expo 2023May 11, 2023 | finance.yahoo.comCareCloud CEO Hadi Chaudhry Named Finalist for Ernst & Young's Entrepreneur Of The Year® 2023 New Jersey AwardMay 10, 2023 | finance.yahoo.comCareCloud Wins Best Overall EHR Solution Provider in 2023 MedTech Breakthrough AwardsJune 8, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (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.May 9, 2023 | finance.yahoo.comCareCloud's Bill Korn, Chief Strategy Officer, and Joseph DosSantos, Chief Financial Officer, to Host Investor Meetings at Upcoming ConferencesMay 8, 2023 | finance.yahoo.comCareCloud Strengthens Leadership Team with Key TransitionsMay 5, 2023 | markets.businessinsider.comMaxim Group Reaffirms Their Buy Rating on CareCloud (CCLD)May 5, 2023 | msn.comEF Hutton Reiterates CareCloud (CCLD) Buy RecommendationMay 4, 2023 | msn.comCareCloud: Q1 Earnings InsightsMay 4, 2023 | finance.yahoo.comCareCloud, Inc. (CCLD) Reports Q1 Loss, Lags Revenue EstimatesMay 4, 2023 | finance.yahoo.comCareCloud Reports First Quarter 2023 ResultsMay 3, 2023 | finance.yahoo.comCareCloud Solutions Will Help Transform Healthcare Operations for Phoenix Family Medical ClinicMay 3, 2023 | americanbankingnews.comCareCloud (CCLD) to Release Quarterly Earnings on ThursdayApril 25, 2023 | baystreet.caCareCloud Lauded by Health-Care ProvidersApril 25, 2023 | finance.yahoo.comCareCloud's EHR System Earns High Praise in business.com Review for its Customization Options and User-Friendly InterfaceApril 19, 2023 | finance.yahoo.comThe Market Doesn't Like What It Sees From CareCloud, Inc.'s (NASDAQ:CCLD) Revenues YetApril 18, 2023 | finance.yahoo.comCareCloud to Announce First Quarter 2023 Results on May 4, 2023April 13, 2023 | finance.yahoo.comCareCloud will Highlight Comprehensive Solutions that Aim to Streamline Workflows, Alleviate Burnout, and Improve the Quality of Care at AAOEApril 11, 2023 | finance.yahoo.comHeart & Vascular Institute Selects CareCloud's Chronic Care Management Program to Empower Patients with Personalized Care Plans and Improve Health OutcomesApril 5, 2023 | finance.yahoo.comCareCloud Will Showcase Next-Generation Healthcare Solutions at HIMSS Global Health Conference & ExhibitionApril 3, 2023 | finance.yahoo.comCareCloud Recognized in Best in KLAS Report Two Years in a RowApril 2, 2023 | americanbankingnews.comContrasting CareCloud (CCLD) and Its RivalsSee More Headlines CCLD Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CCLD Company Calendar Last Earnings5/04/2023Today6/08/2023Next Earnings (Estimated)8/03/2023Fiscal 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$5.00 High Stock Price Forecast$5.00 Low Stock Price Forecast$5.00 Forecasted Upside/Downside+59.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.75) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$5.43 million Net Margins0.03% Pretax Margin3.05% Return on Equity0.04% Return on Assets0.03% Debt Debt-to-Equity Ratio0.10 Current Ratio1.64 Quick Ratio1.63 Sales & Book Value Annual Sales$138.83 million Price / Sales0.35 Cash Flow$1.48 per share Price / Cash Flow2.12 Book Value$6.68 per share Price / Book0.47Miscellaneous Outstanding Shares15,590,000Free Float10,229,000Market Cap$48.87 million OptionableOptionable Beta0.87 Key ExecutivesA. Hadi ChaudhryPresident, Chief Executive Officer & DirectorSteve LinkChief Operating OfficerBill KornChief Financial & Strategy OfficerAdeel SarwarChief Technology OfficerKimberly BlancheSecretary, VP-Compliance & General CounselKey CompetitorsGlobal System DynamicsNASDAQ:GSDLeaflyNASDAQ:LFLYSurface OncologyNASDAQ:SURFCandel TherapeuticsNASDAQ:CADLBeyondSpringNASDAQ:BYSIView All CompetitorsInsidersStephen Andrew SnyderSold 80 sharesTotal: $1,980.00 ($24.75/share)A Hadi ChaudhrySold 2,000 sharesTotal: $49,780.00 ($24.89/share)View All Insider Transactions 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. 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