About Medical Transcription Billing, Corp. (NASDAQ:MTBC)
Medical Transcription Billing, Corp. is a healthcare information technology company that provides an integrated suite of Web-based solutions, together with related business services, to healthcare providers practicing in ambulatory care settings. The Company's offering, PracticePro, allows healthcare practices with the core software and business services on Software-as-a-Service (SaaS) platform. PracticePro includes practice management software and related tools, which facilitate the day-to-day operation of a medical practice; electronic health records (EHR), which allow its customers to qualify for government incentives; revenue cycle management (RCM) services, which include medical billing, analytics and related services, and mobile Health (mHealth) solutions, including smartphone applications that assist patients and healthcare providers in the provision of healthcare services. The Company offers a clearinghouse service, which allows clients to track claim status.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Medical Software & Technology Services
- Sub-Industry: N/A
- Symbol: NASDAQ:MTBC
- CUSIP: N/A
- Web: www.mtbc.com
Capitalization:- Market Cap: $34.81 million
- Outstanding Shares: 11,527,000
Average Prices:- 50 Day Moving Avg: $2.00
- 200 Day Moving Avg: $1.58
- 52 Week Range: $0.29 - $5.44
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -6.08
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $30.18 million
- Price / Sales: 1.16
- Book Value: $0.99 per share
- Price / Book: 3.07
Profitability:- EBITDA: ($2,560,000.00)
- Net Margins: -32.88%
- Return on Equity: -59.52%
- Return on Assets: -19.17%
Debt:- Debt-to-Equity Ratio: 0.05%
- Current Ratio: 0.71%
- Quick Ratio: 0.71%
Misc:- Average Volume: 1.54 million shs.
- Beta: 1.39
- Short Ratio: 0.54
Frequently Asked Questions for Medical Transcription Billing, Corp. (NASDAQ:MTBC)
What is Medical Transcription Billing, Corp.'s stock symbol?
Medical Transcription Billing, Corp. trades on the NASDAQ under the ticker symbol "MTBC."
How were Medical Transcription Billing, Corp.'s earnings last quarter?
Medical Transcription Billing, Corp. (NASDAQ:MTBC) released its earnings results on Thursday, August, 3rd. The company reported ($0.02) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.17) by $0.15. The company earned $7.79 million during the quarter. Medical Transcription Billing, Corp. had a negative return on equity of 59.52% and a negative net margin of 32.88%. View Medical Transcription Billing, Corp.'s Earnings History.
When will Medical Transcription Billing, Corp. make its next earnings announcement?
Where is Medical Transcription Billing, Corp.'s stock going? Where will Medical Transcription Billing, Corp.'s stock price be in 2017?
1 equities research analysts have issued 12 month target prices for Medical Transcription Billing, Corp.'s stock. Their predictions range from $2.25 to $2.25. On average, they expect Medical Transcription Billing, Corp.'s stock price to reach $2.25 in the next year. View Analyst Ratings for Medical Transcription Billing, Corp..
Who are some of Medical Transcription Billing, Corp.'s key competitors?
Some companies that are related to Medical Transcription Billing, Corp. include LightPath Technologies (LPTH), ClearOne (CLRO), Fusion Telecommunications International (FSNN), Resonant (RESN), Neonode (NEON), Identiv (INVE), Evolving Systems (EVOL), Finjan Holdings (FNJN), On Track Innovations Ltd (OTIV), Nano Dimension (NNDM), Intermolecular (IMI), Black Box Corporation (BBOX), Jason Industries (JASN), iPass (IPAS), O2Micro International Limited (OIIM), Westell Technologies (WSTL), ARC Group Worldwide (ARCW) and support.com (SPRT).
Who are Medical Transcription Billing, Corp.'s key executives?
Medical Transcription Billing, Corp.'s management team includes the folowing people:
- Mahmud Ul Haq, Chairman of the Board, Chief Executive Officer
- Stephen A. Snyder, President, Director
- Bill Korn, Chief Financial Officer
- Norman S. Roth, Principal Accounting Officer, Controller
- Anne M. Busquet, Independent Director
- Howard L. Clark Jr., Independent Director
- John N. Daly, Independent Director
- Cameron P. Munter, Independent Director
How do I buy Medical Transcription Billing, Corp. stock?
Shares of Medical Transcription Billing, Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Medical Transcription Billing, Corp.'s stock price today?
One share of Medical Transcription Billing, Corp. stock can currently be purchased for approximately $3.04.
MarketBeat Community Rating for Medical Transcription Billing, Corp. (NASDAQ MTBC)MarketBeat's community ratings are surveys of what our community members think about Medical Transcription Billing, Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Medical Transcription Billing, Corp. (NASDAQ:MTBC) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Buy Rating |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $2.25 (25.99% downside) |
Consensus Price Target History for Medical Transcription Billing, Corp. (NASDAQ:MTBC)
Analysts' Ratings History for Medical Transcription Billing, Corp. (NASDAQ:MTBC)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/15/2017 | Chardan Capital | Boost Price Target | Buy | $1.85 -> $2.25 | Medium |  |
(Data available from 10/20/2015 forward)
Earnings History for Medical Transcription Billing, Corp. (NASDAQ:MTBC)Earnings History by Quarter for Medical Transcription Billing, Corp. (NASDAQ MTBC)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/8/2017 | | ($0.13) | | | | | N/A | |
| 8/3/2017 | Q2 2017 | ($0.17) | ($0.02) | | $7.79 million | View | Listen | |
| 5/10/2017 | Q1 2017 | ($0.32) | ($0.12) | | $8.22 million | View | N/A | |
| 11/10/2016 | Q316 | ($0.15) | ($0.02) | $5.30 million | $5.30 million | View | N/A | |
| 8/11/2016 | Q216 | ($0.13) | ($0.15) | $6.30 million | $5.20 million | View | Listen | |
| 5/11/2016 | Q1 | ($0.20) | ($0.02) | $5.10 million | $5.10 million | View | Listen | |
| 3/24/2016 | Q4 | ($0.14) | $0.01 | $5.30 million | $5.40 million | View | Listen | |
| 11/12/2015 | Q315 | ($0.12) | ($0.06) | $6.00 million | $5.60 million | View | Listen | |
| 8/12/2015 | Q215 | ($0.08) | ($0.04) | $6.70 million | $6.00 million | View | Listen | |
| 5/13/2015 | Q115 | ($0.20) | ($0.09) | $6.70 million | $6.14 million | View | Listen | |
| 3/27/2015 | Q414 | ($0.23) | ($0.11) | | $7.10 million | View | N/A | |
| 11/12/2014 | Q3 14 | ($0.15) | ($0.16) | $5.70 million | $6.01 million | View | N/A | |
| 8/27/2014 | Q214 | ($0.05) | ($0.02) | $2.60 million | $2.60 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Medical Transcription Billing, Corp. (NASDAQ:MTBC)Current Year EPS Consensus Estimate: $-0.69 EPS
Next Year EPS Consensus Estimate: $-0.50 EPS
Dividend History for Medical Transcription Billing, Corp. (NASDAQ:MTBC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Medical Transcription Billing, Corp. (NASDAQ:MTBC)Insider Ownership Percentage: 53.50%
Institutional Ownership Percentage: 7.44%
Insider Trades by Quarter for Medical Transcription Billing, Corp. (NASDAQ:MTBC)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 11/15/2016 | Mahmud Ul Haq | CEO | Buy | 90,000 | $0.97 | $87,300.00 | |
| 11/14/2016 | Mahmud Ul Haq | CEO | Buy | 1,000 | $0.90 | $900.00 | |
| 3/29/2016 | Bill Korn | CFO | Buy | 5,000 | $1.06 | $5,300.00 | |
| 11/30/2015 | Mahmud Ul Haq | CEO | Buy | 20,000 | $1.34 | $26,800.00 | |
| 11/30/2015 | Stephen Andrew Snyder | President | Buy | 5,000 | $1.33 | $6,650.00 | |
| 11/13/2014 | Bill Korn | CFO | Buy | 2,000 | $3.29 | $6,580.00 | |
| 11/13/2014 | Mahmud Ul Haq | CEO | Buy | 2,050 | $3.34 | $6,847.00 | |
| 9/3/2014 | Anne Busquet | Director | Buy | 14,350 | $3.82 | $54,817.00 | |
| 7/28/2014 | Stephen Andrew Snyder | President | Buy | 1,000 | $5.00 | $5,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Medical Transcription Billing, Corp. (NASDAQ:MTBC)
Latest Headlines for Medical Transcription Billing, Corp. (NASDAQ:MTBC)
| Source: |
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| Date | Headline |
|---|
 | Medical Transcription Billing, Corp. (MTBC) versus HealthEquity (HQY) Critical Survey
www.americanbankingnews.com - October 19 at 6:28 PM |
 | MTBC to Present at the 2017 New York Metro ASC Symposium and Becker’s ASC 24th Annual Meeting
finance.yahoo.com - October 19 at 6:28 AM |
| Head-To-Head Survey: Medical Transcription Billing, Corp. (MTBC) & Its Rivals
www.americanbankingnews.com - October 17 at 10:24 PM |
| MTBC Secures $5 Million Credit Facility with Silicon Valley Bank
finance.yahoo.com - October 14 at 5:18 AM |
| Is It Too Late To Buy Medical Transcription Billing Corp (MTBC)?
finance.yahoo.com - October 13 at 7:06 AM |
| Financial Contrast: Medical Transcription Billing, Corp. (MTBC) vs. Its Rivals
www.americanbankingnews.com - October 12 at 6:08 PM |
| Reviewing Medical Transcription Billing, Corp. (MTBC) & The Competition
www.americanbankingnews.com - October 12 at 12:56 PM |
| Analyzing Evolent Health (EVH) and Medical Transcription Billing, Corp. (MTBC)
www.americanbankingnews.com - October 10 at 6:28 PM |
| Medical Transcription Billing, Corp. (MTBC) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - October 10 at 6:56 AM |
 | MTBC Discusses Achievement of Financial Milestones - GlobeNewswire (press release)
globenewswire.com - October 9 at 3:28 PM |
| MTBC Discusses Achievement of Financial Milestones
finance.yahoo.com - October 9 at 3:28 PM |
| Head-To-Head Analysis: Medical Transcription Billing, Corp. (MTBC) and Castlight Health, inc. (CSLT)
www.americanbankingnews.com - October 7 at 12:14 PM |
| New MTBC talkEHR Customer Shares Enthusiastic Feedback, Upgrades to Full Billing Solution
finance.yahoo.com - October 7 at 6:18 AM |
 | 20 Biggest Mid-Day Losers For Thursday | Benzinga - Benzinga
www.benzinga.com - October 6 at 9:31 AM |
 | Don't Buy The Medical Transcription Billing Corp. Hype
seekingalpha.com - October 5 at 9:33 AM |
| MTBC Signs New talkEHR Customers in 42 States During First Month of Rollout
finance.yahoo.com - October 5 at 9:32 AM |
| Top Insurer Pioneers MTBC’s Newest SaaS Solution
finance.yahoo.com - October 5 at 9:32 AM |
| Medical Transcription Billing Corp. :MTBC-US: Earnings Analysis: Q2, 2017 By the Numbers : October 4, 2017
finance.yahoo.com - October 5 at 9:32 AM |
| MTBC to Announce Q3 2017 Financial Results and Host Conference Call on November 6, 2017
finance.yahoo.com - October 5 at 9:32 AM |
| MTBC Closes $6 Million Public Offering of Non-Convertible Preferred Stock
finance.yahoo.com - October 2 at 11:35 AM |
| MTBC Closes $6 Million Public Offering of Non-Convertible Preferred Stock
finance.yahoo.com - October 2 at 11:35 AM |
| MTBC Announces Final $5 Million MediGain Acquisition Payment
finance.yahoo.com - October 2 at 11:35 AM |
| MTBC Announces Final $5 Million MediGain Acquisition Payment
finance.yahoo.com - October 2 at 11:35 AM |
| MTBC Announces $6 Million Public Offering of Non-Convertible Preferred Stock
finance.yahoo.com - September 26 at 8:51 AM |
| Medical Transcription Billing, Corp. (MTBC) and Veeva Systems (VEEV) Head-To-Head Contrast
www.americanbankingnews.com - September 23 at 10:26 AM |
| Should You Buy Medical Transcription Billing Corp (MTBC) Now?
finance.yahoo.com - September 23 at 8:25 AM |
| Head to Head Contrast: Medical Transcription Billing, Corp. (MTBC) and Its Rivals
www.americanbankingnews.com - September 20 at 6:08 PM |
 | BRIEF-Medical Transcription Billing Corp files for offering of series A cumulative redeemable perpetual preferred stock
www.reuters.com - September 16 at 6:42 AM |
| Reviewing Press Ganey Holdings (PGND) & Medical Transcription Billing, Corp. (MTBC)
www.americanbankingnews.com - September 15 at 2:30 PM |
| Is MTBC Poised For Breakout On Recent News?
seekingalpha.com - September 15 at 6:29 AM |
| BRIEF-Medical Transcription Billing fully repays $8 mln term loans
www.reuters.com - September 12 at 2:56 AM |
| MTBC Announces Full Repayment of Opus Bank Term Debt
finance.yahoo.com - September 12 at 2:56 AM |
| Medical Transcription Billing, Corp. (MTBC) vs. Tabula Rasa Healthcare (TRHC) Head to Head Review
www.americanbankingnews.com - September 11 at 6:20 AM |
| Head-To-Head Review: Medical Transcription Billing, Corp. (MTBC) vs. Press Ganey Holdings (PGND)
www.americanbankingnews.com - September 7 at 11:08 AM |
| MTBC Closes Public Offering of Third Tranche of Non-Convertible Preferred Stock
finance.yahoo.com - September 7 at 6:26 AM |
| MTBC to Present at the Dougherty & Company Conferences in Minneapolis
finance.yahoo.com - September 6 at 6:30 AM |
| MTBC Kicks Off National talkEHR Advertising Campaign
finance.yahoo.com - August 30 at 6:50 AM |
| Head to Head Analysis: NantHealth (NH) versus Medical Transcription Billing, Corp. (MTBC)
www.americanbankingnews.com - August 28 at 4:20 PM |
| Medical Transcription Billing, Corp. (MTBC) Short Interest Update
www.americanbankingnews.com - August 28 at 1:20 AM |
| Major Diagnostic Laboratory Selects MTBC for Integrated Healthcare IT and Revenue Cycle Services
finance.yahoo.com - August 22 at 9:27 PM |
| Contrasting Medical Transcription Billing, Corp. (MTBC) & Allscripts Healthcare Solutions (MDRX)
www.americanbankingnews.com - August 20 at 2:28 PM |
| Medical Transcription Billing, Corp. to Post FY2017 Earnings of ($0.54) Per Share, Seethru Equity Forecasts (MTBC)
www.americanbankingnews.com - August 18 at 7:48 AM |
| MTBC to Present at the 19th Annual Rodman & Renshaw Global Investment Conference in NYC
finance.yahoo.com - August 17 at 3:43 PM |
| SeeThruEquity Issues Update on Medical Transcription Billing, Corp. (Nasdaq CM: MTBC) and Increases Price Target to $4.00
finance.yahoo.com - August 16 at 6:22 AM |
| SeeThruEquity Issues Update on Medical Transcription Billing, Corp. (Nasdaq CM: MTBC) and Increases Price Target to $4.00
finance.yahoo.com - August 16 at 6:22 AM |
| MTBC talkEHR Passes Another Major Milestone
finance.yahoo.com - August 10 at 6:04 AM |
| Medical Transcription Billing, Corp. (MTBC) Issues Quarterly Earnings Results
www.americanbankingnews.com - August 6 at 12:52 AM |
| BRIEF-MTBC reports Q2 loss per share of $0.20
www.reuters.com - August 4 at 5:40 AM |
| Investor Network: Medical Transcription Billing Corp. to Host Earnings Call
finance.yahoo.com - August 4 at 5:39 AM |
| Edited Transcript of MTBC earnings conference call or presentation 3-Aug-17 12:30pm GMT
finance.yahoo.com - August 4 at 5:39 AM |
Medical Transcription Billing, Corp. (MTBC) Chart for Friday, October, 20, 2017
