Medical Transcription Billing Stock Price, News & Analysis (NASDAQ:MTBC)

$3.69 +0.06 (+1.65 %)
(As of 02/20/2018 10:18 AM ET)
Previous Close$3.69
Today's Range$3.51 - $3.76
52-Week Range$0.29 - $5.44
Volume234,900 shs
Average Volume565,842 shs
Market Capitalization$42.55 million
P/E Ratio-3.51
Dividend YieldN/A
Beta1.98

About Medical Transcription Billing (NASDAQ:MTBC)

Medical Transcription Billing 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.

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Industry, Sector and Symbol

Industry Medical Software & Technology Services
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:MTBC
CUSIPN/A
Phone732-873-5133

Debt

Debt-to-Equity Ratio0.01%
Current Ratio1.15%
Quick Ratio1.15%

Price-To-Earnings

Trailing P/E Ratio-3.51428571428571
Forward P/E Ratio-6.83
P/E GrowthN/A

Sales & Book Value

Annual Sales$24.49 million
Price / Sales1.74
Cash Flow$0.11 per share
Price / Cash32.38
Book Value$0.68 per share
Price / Book5.43

Profitability

Trailing EPS($1.05)
Net Income$-8,790,000.00
Net Margins-29.08%
Return on Equity-40.41%
Return on Assets-15.27%

Miscellaneous

Employees2,050
Outstanding Shares11,530,000

Medical Transcription Billing (NASDAQ:MTBC) Frequently Asked Questions

What is Medical Transcription Billing's stock symbol?

Medical Transcription Billing trades on the NASDAQ under the ticker symbol "MTBC."

How were Medical Transcription Billing's earnings last quarter?

Medical Transcription Billing Corp (NASDAQ:MTBC) posted its quarterly earnings results on Thursday, August, 11th. The technology company reported ($0.15) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.13) by $0.02. The technology company earned $5.20 million during the quarter, compared to analyst estimates of $6.30 million. Medical Transcription Billing had a negative net margin of 29.08% and a negative return on equity of 40.41%. View Medical Transcription Billing's Earnings History.

Where is Medical Transcription Billing's stock going? Where will Medical Transcription Billing's stock price be in 2018?

1 brokerages have issued 12-month price targets for Medical Transcription Billing's stock. Their forecasts range from $2.75 to $2.75. On average, they expect Medical Transcription Billing's stock price to reach $2.75 in the next year. View Analyst Ratings for Medical Transcription Billing.

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

How do I buy Medical Transcription Billing stock?

Shares of Medical Transcription Billing can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Medical Transcription Billing's stock price today?

One share of Medical Transcription Billing stock can currently be purchased for approximately $3.69.

How big of a company is Medical Transcription Billing?

Medical Transcription Billing has a market capitalization of $42.55 million and generates $24.49 million in revenue each year. The technology company earns $-8,790,000.00 in net income (profit) each year or ($1.05) on an earnings per share basis. Medical Transcription Billing employs 2,050 workers across the globe.

How can I contact Medical Transcription Billing?

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


MarketBeat Community Rating for Medical Transcription Billing (MTBC)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  105 (Vote Outperform)
Underperform Votes:  134 (Vote Underperform)
Total Votes:  239
MarketBeat's community ratings are surveys of what our community members think about Medical Transcription Billing 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

Medical Transcription Billing (NASDAQ:MTBC) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 3.003.003.003.00
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $2.75$2.75$2.75$2.25
Price Target Upside: 11.34% upside11.34% upside11.34% upside9.22% upside

Medical Transcription Billing (NASDAQ:MTBC) Consensus Price Target History

Price Target History for Medical Transcription Billing (NASDAQ:MTBC)

Medical Transcription Billing (NASDAQ:MTBC) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/14/2017Chardan CapitalBoost Price TargetBuy -> Buy$2.25 -> $2.75N/AView Rating Details
(Data available from 2/20/2016 forward)

Earnings

Medical Transcription Billing (NASDAQ:MTBC) Earnings History and Estimates Chart

Earnings by Quarter for Medical Transcription Billing (NASDAQ:MTBC)

Medical Transcription Billing (NASDAQ MTBC) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017Q3 2017($0.13)($0.04)$7.51 millionViewN/AView Earnings Details
8/3/2017Q2 2017($0.17)($0.02)$7.79 millionViewListenView Earnings Details
5/10/2017Q1 2017($0.32)($0.12)$8.22 millionViewN/AView Earnings Details
3/31/2017Q4 2016($0.24)$8.83 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
(Earnings results data provided by Zacks Investment Research)

Estimates

Medical Transcription Billing (NASDAQ:MTBC) Earnings Estimates

Current Year EPS Consensus Estimate: $-0.54 EPS
Next Year EPS Consensus Estimate: $-0.27 EPS

Dividends

Dividend History for Medical Transcription Billing (NASDAQ:MTBC)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Medical Transcription Billing (NASDAQ MTBC) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 53.70%
Institutional Ownership Percentage: 1.88%
Insider Trades by Quarter for Medical Transcription Billing (NASDAQ:MTBC)

Medical Transcription Billing (NASDAQ MTBC) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/1/2017Mahmud Ul HaqCEOBuy30,000$2.93$87,900.005,017,070View SEC Filing  
11/6/2017Stephen Andrew SnyderPresidentSell50,000$3.18$159,000.00106,000View SEC Filing  
11/15/2016Mahmud Ul HaqCEOBuy90,000$0.97$87,300.004,987,070View SEC Filing  
11/14/2016Mahmud Ul HaqCEOBuy1,000$0.90$900.004,897,070View SEC Filing  
3/29/2016Bill KornCFOBuy5,000$1.06$5,300.0099,667View SEC Filing  
11/30/2015Mahmud Ul HaqCEOBuy20,000$1.34$26,800.004,821,070View SEC Filing  
11/30/2015Stephen Andrew SnyderPresidentBuy5,000$1.33$6,650.0031,000View 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

Medical Transcription Billing (NASDAQ MTBC) News Headlines

Source:
DateHeadline
MTBC Partners with Pikeville Medical Center on 2018 East Kentucky Heart BallMTBC Partners with Pikeville Medical Center on 2018 East Kentucky Heart Ball
finance.yahoo.com - February 13 at 4:39 PM
MTBC Announces Top 10 Tradeshows for 2018MTBC Announces Top 10 Tradeshows for 2018
finance.yahoo.com - February 5 at 4:36 PM
Detailed Research: Economic Perspectives on Medical Transcription Billing, Vectrus, NL Industries, Applied Optoelectronics, Sysco, and Aetna — What Drives Growth in Todays Competitive LandscapeDetailed Research: Economic Perspectives on Medical Transcription Billing, Vectrus, NL Industries, Applied Optoelectronics, Sysco, and Aetna — What Drives Growth in Today's Competitive Landscape
finance.yahoo.com - February 5 at 8:56 AM
Saint Anthony Health Affiliates Selects MTBC for its Radiology GroupSaint Anthony Health Affiliates Selects MTBC for its Radiology Group
finance.yahoo.com - January 29 at 4:37 PM
MTBC to Announce 2017 Financial Results and Host Conference Call on March 7, 2018MTBC to Announce 2017 Financial Results and Host Conference Call on March 7, 2018
finance.yahoo.com - January 25 at 4:38 PM
 Medical Transcription Billing Corp (MTBC) Receives Consensus Recommendation of "Strong Buy" from Analysts Medical Transcription Billing Corp (MTBC) Receives Consensus Recommendation of "Strong Buy" from Analysts
www.americanbankingnews.com - January 10 at 3:08 AM
MTBC Full Year 2017 Shareholder UpdateMTBC Full Year 2017 Shareholder Update
finance.yahoo.com - January 9 at 9:47 AM
Medical Transcription Billing (MTBC) Lowered to Hold at Zacks Investment ResearchMedical Transcription Billing (MTBC) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - January 6 at 9:56 AM
MTBC to Present at the 2018 LIMRA Enrollment Technology Strategy SeminarMTBC to Present at the 2018 LIMRA Enrollment Technology Strategy Seminar
finance.yahoo.com - January 4 at 9:46 AM
Zacks Investment Research Upgrades Medical Transcription Billing (MTBC) to "Buy"Zacks Investment Research Upgrades Medical Transcription Billing (MTBC) to "Buy"
www.americanbankingnews.com - December 29 at 12:32 AM
MTBC’s Data Science Team Presents at the 2017 Neural Information Processing Systems ConferenceMTBC’s Data Science Team Presents at the 2017 Neural Information Processing Systems Conference
finance.yahoo.com - December 13 at 10:07 AM
MTBC Announces Closing of $3.9 Million Public Offering of Non-Convertible Preferred StockMTBC Announces Closing of $3.9 Million Public Offering of Non-Convertible Preferred Stock
finance.yahoo.com - December 11 at 5:14 PM
Zacks: Medical Transcription Billing, Corp. (MTBC) Given Average Recommendation of "Strong Buy" by BrokeragesZacks: Medical Transcription Billing, Corp. (MTBC) Given Average Recommendation of "Strong Buy" by Brokerages
www.americanbankingnews.com - December 8 at 3:48 AM
MTBC Announces $3.9 Million Public Offering of Non-Convertible Preferred Stock - GlobeNewswire (press release)MTBC Announces $3.9 Million Public Offering of Non-Convertible Preferred Stock - GlobeNewswire (press release)
globenewswire.com - December 7 at 5:25 PM
BRIEF-MTBC Announces $3.9 Mln Public Offering Of Non-Convertible Preferred StockBRIEF-MTBC Announces $3.9 Mln Public Offering Of Non-Convertible Preferred Stock
www.reuters.com - December 7 at 10:05 AM
MTBC Announces $3.9 Million Public Offering of Non-Convertible Preferred StockMTBC Announces $3.9 Million Public Offering of Non-Convertible Preferred Stock
finance.yahoo.com - December 7 at 10:05 AM
Medical Transcription Billing Corp (MTBC): Does -61.2% EPS Decline Lately Make It An Underperformer?Medical Transcription Billing Corp (MTBC): Does -61.2% EPS Decline Lately Make It An Underperformer?
finance.yahoo.com - December 5 at 10:31 AM
Medical Transcription Billing (MTBC) Lowered to Sell at ValuEngineMedical Transcription Billing (MTBC) Lowered to Sell at ValuEngine
www.americanbankingnews.com - December 4 at 9:38 PM
Mahmud Ul Haq Acquires 30,000 Shares of Medical Transcription Billing, Corp. (MTBC) StockMahmud Ul Haq Acquires 30,000 Shares of Medical Transcription Billing, Corp. (MTBC) Stock
www.americanbankingnews.com - December 4 at 11:42 AM
BRIEF-MTBC Says Mahmud Haq Will Assume Role Of Executive Chairman Of Board Of Directors - ReutersBRIEF-MTBC Says Mahmud Haq Will Assume Role Of Executive Chairman Of Board Of Directors - Reuters
www.reuters.com - December 1 at 5:09 PM
MTBC Announces Senior Leadership Team PromotionsMTBC Announces Senior Leadership Team Promotions
finance.yahoo.com - December 1 at 5:09 PM
Health Care Sector Update for 11/27/2017: MTBC,MGCD,MYO ... - NasdaqHealth Care Sector Update for 11/27/2017: MTBC,MGCD,MYO ... - Nasdaq
www.nasdaq.com - November 29 at 9:57 AM
Analyzing Cotiviti (COTV) & Medical Transcription Billing (MTBC)Analyzing Cotiviti (COTV) & Medical Transcription Billing (MTBC)
www.americanbankingnews.com - November 28 at 7:10 PM
MTBC Comments on 2017 Guidance and 2018 OutlookMTBC Comments on 2017 Guidance and 2018 Outlook
finance.yahoo.com - November 28 at 10:15 AM
MTBC Announces Signing of Its Largest Client, a 950 Provider GroupMTBC Announces Signing of Its Largest Client, a 950 Provider Group
finance.yahoo.com - November 27 at 4:52 PM
Head to Head Survey: Complete Genomics (GNOM) and Medical Transcription Billing (MTBC)Head to Head Survey: Complete Genomics (GNOM) and Medical Transcription Billing (MTBC)
www.americanbankingnews.com - November 27 at 11:26 AM
Chardan Capital Raises Medical Transcription Billing, Corp. (MTBC) Price Target to $2.75Chardan Capital Raises Medical Transcription Billing, Corp. (MTBC) Price Target to $2.75
www.americanbankingnews.com - November 25 at 7:26 PM
Medical Transcription Billing, Corp. (MTBC) Rating Increased to Hold at Zacks Investment ResearchMedical Transcription Billing, Corp. (MTBC) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - November 23 at 12:34 PM
MTBC Announces Joint Webinar with Physicians TrustMTBC Announces Joint Webinar with Physicians Trust
finance.yahoo.com - November 18 at 5:32 AM
HealthEquity (HQY) and Medical Transcription Billing, Corp. (MTBC) Critical AnalysisHealthEquity (HQY) and Medical Transcription Billing, Corp. (MTBC) Critical Analysis
www.americanbankingnews.com - November 15 at 9:12 PM
Medical Transcription Billing Corp. :MTBC-US: Earnings Analysis: Q3, 2017 By the Numbers : November 9, 2017Medical Transcription Billing Corp. :MTBC-US: Earnings Analysis: Q3, 2017 By the Numbers : November 9, 2017
finance.yahoo.com - November 12 at 8:49 AM
Head to Head Review: Omnicell (OMCL) and Medical Transcription Billing, Corp. (MTBC)Head to Head Review: Omnicell (OMCL) and Medical Transcription Billing, Corp. (MTBC)
www.americanbankingnews.com - November 9 at 7:10 PM
Medical Transcription Billing: A View From The Perspective Of A Preferred Investor: UpdateMedical Transcription Billing: A View From The Perspective Of A Preferred Investor: Update
seekingalpha.com - November 9 at 6:03 AM
MTBC Declares Dividends on Non-Convertible Series A Cumulative Redeemable Perpetual Preferred StockMTBC Declares Dividends on Non-Convertible Series A Cumulative Redeemable Perpetual Preferred Stock
finance.yahoo.com - November 9 at 6:03 AM
Insider Selling: Medical Transcription Billing, Corp. (MTBC) President Sells 50,000 Shares of StockInsider Selling: Medical Transcription Billing, Corp. (MTBC) President Sells 50,000 Shares of Stock
www.americanbankingnews.com - November 8 at 12:42 AM
Analyzing Medical Transcription Billing, Corp. (MTBC) and Greenway Health (GWAY)Analyzing Medical Transcription Billing, Corp. (MTBC) and Greenway Health (GWAY)
www.americanbankingnews.com - November 7 at 11:36 PM
Mid-Afternoon Market Update: Crude Oil Up 2.5%; Henry Schein ... - BenzingaMid-Afternoon Market Update: Crude Oil Up 2.5%; Henry Schein ... - Benzinga
www.benzinga.com - November 7 at 7:06 AM
Mid-Afternoon Market Update: Crude Oil Up 2.5%; Henry Schein ... - BenzingaMid-Afternoon Market Update: Crude Oil Up 2.5%; Henry Schein ... - Benzinga
www.benzinga.com - November 7 at 7:06 AM
MTBC Reports Third Quarter 2017 ResultsMTBC Reports Third Quarter 2017 Results
finance.yahoo.com - November 7 at 7:06 AM
Medical Transcription Billing Corp. to Host Earnings CallMedical Transcription Billing Corp. to Host Earnings Call
finance.yahoo.com - November 7 at 7:06 AM
Edited Transcript of MTBC earnings conference call or presentation 6-Nov-17 1:30pm GMTEdited Transcript of MTBC earnings conference call or presentation 6-Nov-17 1:30pm GMT
finance.yahoo.com - November 7 at 7:06 AM
Medical Transcription Billing, Corp. (MTBC) Scheduled to Post Earnings on WednesdayMedical Transcription Billing, Corp. (MTBC) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - November 1 at 4:28 AM
Medical Transcription Billing, Corp. (MTBC) Expected to Earn FY2018 Earnings of ($0.27) Per ShareMedical Transcription Billing, Corp. (MTBC) Expected to Earn FY2018 Earnings of ($0.27) Per Share
www.americanbankingnews.com - October 30 at 10:34 AM
Medical Transcription Billing, Corp. (MTBC) Sees Significant Growth in Short InterestMedical Transcription Billing, Corp. (MTBC) Sees Significant Growth in Short Interest
www.americanbankingnews.com - October 28 at 1:50 AM
SeeThruEquity Issues Update Note on Medical Transcription Billing, Corp. (Nasdaq CM: MTBC) and Increases Target Price to $5.00SeeThruEquity Issues Update Note on Medical Transcription Billing, Corp. (Nasdaq CM: MTBC) and Increases Target Price to $5.00
finance.yahoo.com - October 27 at 8:12 AM
MTBC Discusses talkEHR and EnrollmentPlus Product Initiatives in New SNNLive Newscast on StockNewsNow.comMTBC Discusses talkEHR and EnrollmentPlus Product Initiatives in New SNNLive Newscast on StockNewsNow.com
finance.yahoo.com - October 20 at 6:31 AM
Medical Transcription Billing, Corp. (MTBC) versus HealthEquity (HQY) Critical SurveyMedical 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 MeetingMTBC 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 RivalsHead-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 BankMTBC Secures $5 Million Credit Facility with Silicon Valley Bank
finance.yahoo.com - October 14 at 5:18 AM

SEC Filings

Medical Transcription Billing (NASDAQ:MTBC) SEC Filings

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Social Media

Financials

Medical Transcription Billing (NASDAQ:MTBC) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Medical Transcription Billing (NASDAQ MTBC) Stock Chart for Tuesday, February, 20, 2018

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This page was last updated on 2/20/2018 by MarketBeat.com Staff

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