NASDAQ:MTBC

CareCloud Stock Forecast, Price & News

$8.53
+0.48 (+5.96 %)
(As of 08/3/2021 12:00 AM ET)
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Today's Range
$7.92
$8.53
50-Day Range
$7.60
$9.00
52-Week Range
$7.35
$13.40
Volume170,195 shs
Average Volume129,977 shs
Market Capitalization$122.84 million
P/E RatioN/A
Dividend YieldN/A
Beta0.87
30 days | 90 days | 365 days | Advanced Chart
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CareCloud logo

About CareCloud

CareCloud, Inc. brings disciplined innovation to the business of healthcare. Our suite of technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows, and make better business and care decisions. More than 40,000 providers across the United States count on CareCloud to help them improve patient care while reducing administrative burdens and operating costs. Services and solutions include revenue cycle management (RCM), practice management (PM), electronic health record (EHR), business intelligence, telehealth, and patient experience management (PXM). CareCloud is headquartered in Somerset, NJ.

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MarketRank

Overall MarketRank

2.23 out of 5 stars

Medical Sector

299th out of 1,309 stocks

Prepackaged Software Industry

63rd out of 239 stocks

Analyst Opinion: 3.5Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -
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CareCloud (NASDAQ:MTBC) Frequently Asked Questions

Is CareCloud a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CareCloud in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CareCloud stock.
View analyst ratings for CareCloud
or view top-rated stocks.

What stocks does MarketBeat like better than CareCloud?

Wall Street analysts have given CareCloud a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but CareCloud wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is CareCloud's next earnings date?

CareCloud is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for CareCloud
.

How can I listen to CareCloud's earnings call?

CareCloud will be holding an earnings conference call on Thursday, August 5th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "3169990".

How were CareCloud's earnings last quarter?

CareCloud, Inc. (NASDAQ:MTBC) announced its quarterly earnings data on Thursday, May, 6th. The technology company reported ($0.36) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.39) by $0.03. The technology company had revenue of $29.77 million for the quarter, compared to analyst estimates of $30.17 million. CareCloud had a negative net margin of 7.33% and a negative trailing twelve-month return on equity of 8.57%.
View CareCloud's earnings history
.

How has CareCloud's stock been impacted by Coronavirus (COVID-19)?

CareCloud's stock was trading at $5.31 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MTBC stock has increased by 60.6% and is now trading at $8.53.
View which stocks have been most impacted by COVID-19
.

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

CareCloud updated its FY 2021 earnings guidance on Thursday, May, 27th. The company provided EPS guidance of - for the period. The company issued revenue guidance of $133 million-$137 million, compared to the consensus revenue estimate of $134.54 million.

What price target have analysts set for MTBC?

5 Wall Street analysts have issued 1-year price targets for CareCloud's shares. Their forecasts range from $13.50 to $20.00. On average, they expect CareCloud's share price to reach $16.50 in the next twelve months. This suggests a possible upside of 93.4% from the stock's current price.
View analysts' price targets for CareCloud
or view top-rated stocks among Wall Street analysts.

What is Mahmud Haq's approval rating as CareCloud's CEO?

71 employees have rated CareCloud CEO Mahmud Haq on Glassdoor.com. Mahmud Haq has an approval rating of 47% among CareCloud's employees. This puts Mahmud Haq in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of CareCloud's key competitors?

What other stocks do shareholders of CareCloud own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CareCloud investors own include NVIDIA (NVDA), Inseego (INSG), JD.com (JD), Marvell Technology (MRVL), Niu Technologies (NIU), Bilibili (BILI), Alibaba Group (BABA), Baidu (BIDU), BioXcel Therapeutics (BTAI) and Baozun (BZUN).

What is CareCloud's stock symbol?

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

Who are CareCloud's major shareholders?

CareCloud's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Advisor Group Holdings Inc. (0.83%) and We Are One Seven LLC (0.09%). Company insiders that own CareCloud stock include A Hadi Chaudhry, Anne Busquet, Bill Korn, Cameron Munter, John N Daly, Kimberly J Blanche, Kimberly J Grant, Mahmud Ul Haq, Shruti H Patel and Stephen Andrew Snyder.
View institutional ownership trends for CareCloud
.

Which major investors are selling CareCloud stock?

MTBC stock was sold by a variety of institutional investors in the last quarter, including We Are One Seven LLC. Company insiders that have sold CareCloud company stock in the last year include A Hadi Chaudhry, Anne Busquet, Bill Korn, John N Daly, Kimberly J Blanche, Mahmud Ul Haq, and Stephen Andrew Snyder.
View insider buying and selling activity for CareCloud
or view top insider-selling stocks.

Which major investors are buying CareCloud stock?

MTBC stock was acquired by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc..
View insider buying and selling activity for CareCloud
or or view top insider-buying stocks.

How do I buy shares of CareCloud?

Shares of MTBC 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 MTBC stock can currently be purchased for approximately $8.53.

How much money does CareCloud make?

CareCloud has a market capitalization of $122.84 million and generates $105.12 million in revenue each year. The technology company earns $-8,810,000.00 in net income (profit) each year or ($1.79) on an earnings per share basis.

How many employees does CareCloud have?

CareCloud employs 3,700 workers across the globe.

What is CareCloud's official website?

The official website for CareCloud is www.carecloud.com.

Where are CareCloud's headquarters?

CareCloud is headquartered at 7 CLYDE ROAD, SOMERSET NJ, 08873.

How can I contact CareCloud?

CareCloud's mailing address is 7 CLYDE ROAD, SOMERSET NJ, 08873. The technology company can be reached via phone at 732-873-5133.


This page was last updated on 8/4/2021 by MarketBeat.com Staff
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