S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
NASDAQ:MTBC

CareCloud (MTBC) Stock Forecast, Price & News

$3.77
+0.32 (+9.28%)
(As of 05/13/2022 12:00 AM ET)
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Today's Range
$3.44
$3.85
50-Day Range
$3.43
$5.64
52-Week Range
$3.25
$9.39
Volume
72,263 shs
Average Volume
62,603 shs
Market Capitalization
$56.81 million
P/E Ratio
N/A
Dividend Yield
N/A
Beta
1.09
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.

Headlines

CareCloud (NASDAQ:MTBC) Earns Buy Rating from Roth Capital
CareCloud (MTBC) to Release Earnings on Monday
See More Headlines

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:MTBC
Employees
4,100
Year Founded
N/A

Sales & Book Value

Annual Sales
$139.60 million
Cash Flow
$1.41 per share
Book Value
$6.79 per share

Profitability

Net Income
$2.84 million
Pretax Margin
4.24%

Debt

Price-To-Earnings

Miscellaneous

Free Float
9,808,000
Market Cap
$56.81 million
Optionable
Not Optionable

Company Calendar

Last Earnings
5/09/2022
Today
5/15/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.36 out of 5 stars

Medical Sector

228th out of 1,403 stocks

Prepackaged Software Industry

87th out of 294 stocks

Analyst Opinion: 3.5Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -













CareCloud (NASDAQ:MTBC) Frequently Asked Questions

Is CareCloud a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CareCloud in the last twelve months. There are currently 4 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.

When is CareCloud's next earnings date?

CareCloud is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for CareCloud
.

How were CareCloud's earnings last quarter?

CareCloud, Inc. (NASDAQ:MTBC) issued its quarterly earnings results on Monday, May, 9th. The technology company reported ($0.19) earnings per share for the quarter, topping analysts' consensus estimates of ($0.27) by $0.08. CareCloud had a net margin of 4.09% and a trailing twelve-month return on equity of 6.01%. During the same quarter in the prior year, the company earned ($0.36) EPS.
View CareCloud's earnings history
.

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

CareCloud updated its FY 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $152.00 million-$155.00 million, compared to the consensus revenue estimate of $153.12 million.

What price target have analysts set for MTBC?

4 Wall Street analysts have issued 12 month price targets for CareCloud's shares. Their forecasts range from $11.00 to $20.00. On average, they expect CareCloud's stock price to reach $15.33 in the next twelve months. This suggests a possible upside of 306.7% 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.

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 many different institutional and retail investors. Top institutional shareholders include P.A.W. Capital Corp (4.65%), Royce & Associates LP (1.08%), Dimensional Fund Advisors LP (1.01%), Johnson Investment Counsel Inc. (0.33%), Verity Asset Management Inc. (0.27%) and McDonald Partners LLC (0.18%). Company insiders that own CareCloud stock include A Hadi Chaudhry, Anne Busquet, Bill Korn, Cameron Munter, John N Daly, Kimberly J Blanche, Mahmud Ul Haq and Stephen Andrew Snyder.
View institutional ownership trends for CareCloud
.

Which institutional investors are selling CareCloud stock?

MTBC stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP. Company insiders that have sold CareCloud company stock in the last year include A Hadi Chaudhry, Bill Korn, John N Daly, Mahmud Ul Haq, and Stephen Andrew Snyder.
View insider buying and selling activity for CareCloud
or view top insider-selling stocks.

Which institutional investors are buying CareCloud stock?

MTBC stock was bought by a variety of institutional investors in the last quarter, including Johnson Investment Counsel Inc., Verity Asset Management Inc., McDonald Partners LLC, P.A.W. Capital Corp, Dimensional Fund Advisors LP, and Simplex Trading LLC.
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 $3.77.

How much money does CareCloud make?

CareCloud has a market capitalization of $56.81 million and generates $139.60 million in revenue each year. The technology company earns $2.84 million in net income (profit) each year or ($0.620010) on an earnings per share basis.

How many employees does CareCloud have?

CareCloud employs 4,100 workers across the globe.

What is CareCloud's official website?

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

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 or via fax at 732-873-3378.

This page was last updated on 5/15/2022 by MarketBeat.com Staff

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