Medical Transcription Billing, Corp. Company Profile (NASDAQ:MTBC)

About Medical Transcription Billing, Corp. (NASDAQ:MTBC)

Medical Transcription Billing, Corp. logoMedical 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: $17.46 million
  • Outstanding Shares: 10,174,000
Average Prices:
  • 50 Day Moving Avg: $1.88
  • 200 Day Moving Avg: $1.04
  • 52 Week Range: $0.29 - $3.84
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -2.39
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $27.6 million
  • Price / Sales: 0.55
  • Book Value: $0.42 per share
  • Price / Book: 3.52
Profitability:
  • EBIDTA: ($3,020,000.00)
  • Net Margins: -34.49%
  • Return on Equity: -72.93%
  • Return on Assets: -23.97%
Debt:
  • Debt-to-Equity Ratio: 0.84%
  • Current Ratio: 0.37%
  • Quick Ratio: 0.37%
Misc:
  • Average Volume: 2.18 million shs.
  • Beta: 1.42
  • Short Ratio: 0.12
 

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) announced its quarterly earnings results on Wednesday, May, 10th. The company reported ($0.12) EPS for the quarter, beating the Zacks' consensus estimate of ($0.32) by $0.20. The business earned $8.22 million during the quarter. Medical Transcription Billing, Corp. had a negative net margin of 34.49% and a negative return on equity of 72.93%. View Medical Transcription Billing, Corp.'s Earnings History.

Where is Medical Transcription Billing, Corp.'s stock going? Where will Medical Transcription Billing, Corp.'s stock price be in 2017?

1 brokerages have issued twelve-month price targets for Medical Transcription Billing, Corp.'s stock. Their forecasts range from $2.25 to $2.25. On average, they anticipate Medical Transcription Billing, Corp.'s share price to reach $2.25 in the next year. View Analyst Ratings for Medical Transcription Billing, Corp..

Are investors shorting Medical Transcription Billing, Corp.?

Medical Transcription Billing, Corp. saw a decrease in short interest in the month of May. As of May 31st, there was short interest totalling 465,790 shares, a decrease of 28.5% from the May 15th total of 651,076 shares. Based on an average trading volume of 1,010,623 shares, the short-interest ratio is currently 0.5 days. Currently, 10.5% of the company's stock are short sold.

Who are some of Medical Transcription Billing, Corp.'s key competitors?

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 $1.48.


MarketBeat Community Rating for Medical Transcription Billing, Corp. (NASDAQ MTBC)
Community Ranking:  1.6 out of 5 ()
Outperform Votes:  29 (Vote Outperform)
Underperform Votes:  62 (Vote Underperform)
Total Votes:  91
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.

Analyst Ratings

Consensus Ratings for Medical Transcription Billing, Corp. (NASDAQ:MTBC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $2.25 (52.03% upside)

Analysts' Ratings History for Medical Transcription Billing, Corp. (NASDAQ:MTBC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017Chardan CapitalBoost Price TargetBuy$1.85 -> $2.25MediumView Rating Details
(Data available from 6/22/2015 forward)

Earnings

Earnings History for Medical Transcription Billing, Corp. (NASDAQ:MTBC)
Earnings by Quarter for Medical Transcription Billing, Corp. (NASDAQ:MTBC)
Earnings History by Quarter for Medical Transcription Billing, Corp. (NASDAQ MTBC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/10/2017Q1 2017($0.32)($0.12)$8.22 millionViewN/AView Earnings Details
11/10/2016Q316($0.15)($0.02)$5.30 million$5.30 millionViewN/AView Earnings Details
8/11/2016Q216($0.13)($0.15)$6.30 million$5.20 millionViewListenView Earnings Details
5/11/2016Q1($0.20)($0.02)$5.10 million$5.10 millionViewListenView Earnings Details
3/24/2016Q4($0.14)$0.01$5.30 million$5.40 millionViewListenView Earnings Details
11/12/2015Q315($0.12)($0.06)$6.00 million$5.60 millionViewListenView Earnings Details
8/12/2015Q215($0.08)($0.04)$6.70 million$6.00 millionViewListenView Earnings Details
5/13/2015Q115($0.20)($0.09)$6.70 million$6.14 millionViewListenView Earnings Details
3/27/2015Q414($0.23)($0.11)$7.10 millionViewN/AView Earnings Details
11/12/2014Q3 14($0.15)($0.16)$5.70 million$6.01 millionViewN/AView Earnings Details
8/27/2014Q214($0.05)($0.02)$2.60 million$2.60 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Medical Transcription Billing, Corp. (NASDAQ:MTBC)
Current Year EPS Consensus Estimate: $-0.51 EPS
Next Year EPS Consensus Estimate: $-0.62 EPS

Dividends

Dividend History for Medical Transcription Billing, Corp. (NASDAQ:MTBC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Medical Transcription Billing, Corp. (NASDAQ:MTBC)
Insider Ownership Percentage: 53.50%
Institutional Ownership Percentage: 9.54%
Insider Trades by Quarter for Medical Transcription Billing, Corp. (NASDAQ:MTBC)
Insider Trades by Quarter for Medical Transcription Billing, Corp. (NASDAQ:MTBC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/15/2016Mahmud Ul HaqCEOBuy90,000$0.97$87,300.00View SEC Filing  
11/14/2016Mahmud Ul HaqCEOBuy1,000$0.90$900.00View SEC Filing  
3/29/2016Bill KornCFOBuy5,000$1.06$5,300.00View SEC Filing  
11/30/2015Mahmud Ul HaqCEOBuy20,000$1.34$26,800.00View SEC Filing  
11/30/2015Stephen Andrew SnyderPresidentBuy5,000$1.33$6,650.00View SEC Filing  
11/13/2014Bill KornCFOBuy2,000$3.29$6,580.00View SEC Filing  
11/13/2014Mahmud Ul HaqCEOBuy2,050$3.34$6,847.00View SEC Filing  
9/3/2014Anne BusquetDirectorBuy14,350$3.82$54,817.00View SEC Filing  
7/28/2014Stephen Andrew SnyderPresidentBuy1,000$5.00$5,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Medical Transcription Billing, Corp. (NASDAQ:MTBC)
Latest Headlines for Medical Transcription Billing, Corp. (NASDAQ:MTBC)
Source:
DateHeadline
finance.yahoo.com logoMTBC to Present at Annual Industry Conference
finance.yahoo.com - June 21 at 7:49 PM
finance.yahoo.com logoMTBC Team Discusses Company Growth and Business Overview in New SNNLive Video Interview on StockNewsNow.com
finance.yahoo.com - June 20 at 7:44 PM
finance.yahoo.com logoMTBC Re-elects Directors and Reflects on Year of Growth at Annual Shareholders' Meeting
finance.yahoo.com - June 19 at 11:25 AM
finance.yahoo.com logoMTBC Announces Addition of Leading New England based Sports Medicine Group
finance.yahoo.com - June 16 at 7:54 AM
finance.yahoo.com logoMTBC Announces Launch of New Platform to Support Continued Growth
finance.yahoo.com - June 14 at 9:32 AM
americanbankingnews.com logoShort Interest in Medical Transcription Billing, Corp. (MTBC) Declines By 28.5%
www.americanbankingnews.com - June 14 at 7:16 AM
americanbankingnews.com logoMedical Transcription Billing Corp (MTBC) Upgraded at Zacks Investment Research
www.americanbankingnews.com - June 8 at 7:48 PM
finance.yahoo.com logoMTBC Announces Successful Phase One Launch of talkEHR
finance.yahoo.com - June 8 at 7:34 PM
reuters.com logoBRIEF-MTBC announces proposed public offering of additional shares of non-convertible series A preferred stock
www.reuters.com - June 5 at 9:11 AM
finance.yahoo.com logoMTBC Announces Proposed Public Offering of Additional Shares of Non-Convertible Series A Preferred Stock
finance.yahoo.com - June 5 at 9:11 AM
americanbankingnews.com logoMedical Transcription Billing Corp (MTBC) Raised to Hold at ValuEngine
www.americanbankingnews.com - June 4 at 7:16 AM
americanbankingnews.com logoZacks Investment Research Upgrades Medical Transcription Billing Corp (MTBC) to Hold
www.americanbankingnews.com - May 30 at 8:56 PM
finance.yahoo.com logoMTBC Extends Offer to New Hospital Clients of its Patient Receivables Solution
finance.yahoo.com - May 30 at 9:59 AM
americanbankingnews.com logoMedical Transcription Billing Corp (MTBC) Sees Significant Growth in Short Interest
www.americanbankingnews.com - May 24 at 8:22 PM
finance.yahoo.com logoMTBC to Present at the 2017 Marcum MicroCap Conference in NYC
finance.yahoo.com - May 24 at 10:36 AM
finance.yahoo.com logoMTBC Announces Release of Patient Portal App for Smartphones
finance.yahoo.com - May 22 at 10:01 AM
finance.yahoo.com logoMTBC Expands Relationship with New Jersey-based Regional Health System
finance.yahoo.com - May 17 at 6:37 PM
finance.yahoo.com logoMTBC Announces Closing of $2.3 Million Registered Direct Offering Priced At-The-Market
finance.yahoo.com - May 16 at 10:23 AM
americanbankingnews.com logoChardan Capital Raises Medical Transcription Billing Corp (MTBC) Price Target to $2.25
www.americanbankingnews.com - May 15 at 1:56 PM
finance.yahoo.com logoMTBC Declares Dividends on Non-Convertible Series A Cumulative Redeemable Perpetual Preferred Stock
finance.yahoo.com - May 15 at 10:19 AM
finance.yahoo.com logoMedical Transcription Billing Corp. :MTBC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 12, 2017
finance.yahoo.com - May 12 at 7:18 PM
finance.yahoo.com logoEdited Transcript of MTBC earnings conference call or presentation 10-May-17 12:30pm GMT
finance.yahoo.com - May 12 at 7:18 PM
seekingalpha.com logoMedical Transcription Billing's (MTBC) CEO Mahmud Haq on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 12 at 12:13 AM
americanbankingnews.com logoMedical Transcription Billing Corp (MTBC) Posts Quarterly Earnings Results, Beats Expectations By $0.20 EPS
www.americanbankingnews.com - May 11 at 8:40 PM
finance.yahoo.com logoMTBC Regains Compliance with NASDAQ Minimum Bid Price Listing Requirement
finance.yahoo.com - May 11 at 7:11 PM
finance.yahoo.com logoMTBC Announces Partnership with Fogo Data Centers
finance.yahoo.com - May 11 at 7:11 PM
finance.yahoo.com logoMTBC Announces $2.3 Million Registered Direct Offering Priced At-The-Market Wednesday, May 10, 2017
finance.yahoo.com - May 10 at 6:44 PM
finance.yahoo.com logoMTBC Announces Successful Solution Implementation with Montana-based Great Falls Clinic
finance.yahoo.com - May 9 at 11:40 AM
finance.yahoo.com logoMTBC Announces June 1 Go-Live of First talkEHR User
finance.yahoo.com - May 8 at 12:27 PM
finance.yahoo.com logoMTBC Announces Upcoming Tradeshows and Extends Invitations to Practices and Vendors
finance.yahoo.com - May 5 at 6:59 PM
americanbankingnews.com logoMedical Transcription Billing Corp (MTBC) Earning Somewhat Positive News Coverage, Report Finds
www.americanbankingnews.com - May 4 at 11:17 AM
finance.yahoo.com logoMTBC and HealthCare Compliance Network Announce Joint Webinar Series on Healthcare Reform
finance.yahoo.com - May 4 at 9:15 AM
finance.yahoo.com logoSeeThruEquity Issues Company Update on Medical Transcription Billing, Corp.
finance.yahoo.com - May 2 at 5:31 PM
rttnews.com logoMedical Transcription Billing (MTBC) Is Spiking To The Upside
www.rttnews.com - May 1 at 5:38 PM
finance.yahoo.com logoMTBC Develops HIE Interfaces Between its Clinical Platforms and Leading Hospitals
finance.yahoo.com - May 1 at 12:26 PM
reuters.com logoBRIEF-Medical Transcription Billing sees 2017 rev of $30 mln to $31 mln
www.reuters.com - April 28 at 7:41 PM
finance.yahoo.com logoMTBC to Announce Q1 2017 Financial Results and Host Conference Call on May 10, 2017
finance.yahoo.com - April 28 at 9:08 AM
finance.yahoo.com logoMTBC Announces Signing of Two Key Healthcare Groups
finance.yahoo.com - April 27 at 7:12 PM
americanbankingnews.com logoMedical Transcription Billing Corp (MTBC) Receives Media Impact Rating of 0.11
www.americanbankingnews.com - April 26 at 5:58 PM
finance.yahoo.com logoMTBC Announces Partnership with Healthcare Compliance Network
finance.yahoo.com - April 25 at 5:57 PM
americanbankingnews.com logoMedical Transcription Billing Corp (MTBC) Receives Coverage Optimism Score of 0.05
www.americanbankingnews.com - April 22 at 12:18 AM
finance.yahoo.com logoMTBC Selects Dr. Jon Bertman, EHR Pioneer and Founder of Amazing Charts, to Lead TalkEHR, the Next Generation of Electronic Health Records
finance.yahoo.com - April 19 at 10:26 AM
finance.yahoo.com logoMTBC Pre-releases 60% YoY Revenue Growth and Selected Preliminary Q1 2017 Financial Results, Reaffirms Guidance
finance.yahoo.com - April 17 at 10:05 AM
americanbankingnews.com logoMedical Transcription Billing Corp (MTBC) Getting Somewhat Positive Media Coverage, Study Shows
www.americanbankingnews.com - April 15 at 2:55 PM
finance.yahoo.com logoSeeThruEquity Issues Update on Medical Transcription Billing, Corp. (NASDAQ: MTBC)
finance.yahoo.com - April 10 at 10:19 AM
finance.yahoo.com logoMedical Transcription Billing Corp. :MTBC-US: Earnings Analysis: Q4, 2016 By the Numbers : April 6, 2017
finance.yahoo.com - April 7 at 11:20 AM
americanbankingnews.com logoZacks: Analysts Set $3.05 Price Target for Medical Transcription Billing Corp (MTBC)
www.americanbankingnews.com - April 3 at 11:37 PM
finance.yahoo.com logoMTBC Announces Launch of Accountable Care Organization Analytics Module
finance.yahoo.com - April 3 at 5:57 PM
finance.yahoo.com logoEdited Transcript of MTBC earnings conference call or presentation 31-Mar-17 12:30pm GMT
finance.yahoo.com - April 1 at 11:41 AM
reuters.com logoBRIEF-Medical Transcription Billing Q4 adjusted non-gaap loss per share $0.12
www.reuters.com - March 31 at 6:48 PM

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Chart

Medical Transcription Billing, Corp. (MTBC) Chart for Thursday, June, 22, 2017

This page was last updated on 6/22/2017 by MarketBeat.com Staff