NASDAQ:OTRK

Ontrak (OTRK) Stock Price, News & Analysis

$0.29
-0.04 (-12.01%)
(As of 04/26/2024 ET)
Today's Range
$0.28
$0.34
50-Day Range
$0.15
$0.60
52-Week Range
$0.14
$4.08
Volume
1.36 million shs
Average Volume
2.79 million shs
Market Capitalization
$8.08 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.00

Ontrak MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
1,265.2% Upside
$4.00 Price Target
Short Interest
Healthy
6.67% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.53) to ($0.30) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.76 out of 5 stars

OTRK stock logo

About Ontrak Stock (NASDAQ:OTRK)

Ontrak, Inc. operates as an artificial intelligence powered, telehealth-enabled, and virtualized healthcare company that provides in-person services to third-party payors in the United States. Its technology-enabled platform predicts people whose chronic disease will improve with behavior change, recommends effective care pathways that people are willing to follow, and engages and guides them to and through the care they need. The company's technology enabled OnTrak program provides healthcare solutions to members with behavioral conditions that cause or exacerbate chronic medical conditions, such as diabetes, hypertension, coronary artery disease, chronic obstructive pulmonary disease, and congestive heart failure. The OnTrak integrates evidence-based psychosocial and medical interventions delivered in-person or via telehealth along with care coaching and in-market community care coordinators, who address the social and environmental determinants of health. The company was formerly known as Catasys, Inc. and changed its name to Ontrak, Inc. in July 2020. The company was incorporated in 2003 and is headquartered in Miami, Florida.

OTRK Stock Price History

OTRK Stock News Headlines

Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS
You might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.
Ontrak, Inc. (OTRK) Q4 2023 Earnings Call Transcript
Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS
You might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.
Ontrak Launches New Engagement System
Why Is Ontrak (OTRK) Stock Up 105% Today?
Ontrak Stock (NASDAQ:OTRK), Short Interest Report
Ontrak Announces 2023 Third Quarter Financial Results
See More Headlines
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Company Calendar

Last Earnings
4/16/2024
Today
4/28/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Miscellaneous health & allied services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:OTRK
Employees
102
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.00
High Stock Price Target
$4.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+1,265.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-27,920,000.00
Net Margins
-219.10%
Pretax Margin
-219.73%

Debt

Sales & Book Value

Annual Sales
$12.74 million
Book Value
$0.52 per share

Miscellaneous

Free Float
27,233,000
Market Cap
$8.08 million
Optionable
No Data
Beta
2.43
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Key Executives

  • Mr. Brandon H. LaVerne (Age 52)
    CEO & COO
    Comp: $569.04k
  • Ms. Mary Louise Elizabeth Osborne (Age 62)
    President & Chief Commercial Officer
    Comp: $536.01k
  • Mr. James J. Park (Age 46)
    CFO & Principal Accounting Officer
    Comp: $426.6k
  • Mr. Arik Hill (Age 53)
    Chief Information Officer
  • Ms. Sunmi Janicek
    Chief Compliance & Privacy Officer
  • Ms. Sandy Gyenes
    Senior Vice President of Human Resources
  • Ms. Susan E. Etzel CPA (Age 50)
    Senior VP of Finance & Assistant Secretary
    Comp: $170k
  • Dr. Judith Feld M.D. (Age 70)
    M.P.H., Chief Medical Officer
  • Ms. Lori Wheeless
    Senior Vice President of Digital Services Operations
  • Ms. Brianna Brennan
    Chief Innovation Officer

OTRK Stock Analysis - Frequently Asked Questions

Should I buy or sell Ontrak stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ontrak in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" OTRK shares.
View OTRK analyst ratings
or view top-rated stocks.

What is Ontrak's stock price target for 2024?

2 equities research analysts have issued twelve-month price targets for Ontrak's stock. Their OTRK share price targets range from $4.00 to $4.00. On average, they predict the company's stock price to reach $4.00 in the next twelve months. This suggests a possible upside of 1,265.2% from the stock's current price.
View analysts price targets for OTRK
or view top-rated stocks among Wall Street analysts.

How have OTRK shares performed in 2024?

Ontrak's stock was trading at $0.4010 at the beginning of the year. Since then, OTRK stock has decreased by 26.9% and is now trading at $0.2930.
View the best growth stocks for 2024 here
.

Are investors shorting Ontrak?

Ontrak saw a drop in short interest in April. As of April 15th, there was short interest totaling 753,700 shares, a drop of 49.1% from the March 31st total of 1,480,000 shares. Based on an average daily volume of 6,910,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 6.7% of the company's stock are short sold.
View Ontrak's Short Interest
.

When is Ontrak's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our OTRK earnings forecast
.

How were Ontrak's earnings last quarter?

Ontrak, Inc. (NASDAQ:OTRK) issued its quarterly earnings results on Tuesday, April, 16th. The company reported ($0.29) earnings per share for the quarter. The firm earned $3.54 million during the quarter. Ontrak had a negative net margin of 219.10% and a negative trailing twelve-month return on equity of 657.19%.

When did Ontrak's stock split?

Shares of Ontrak reverse split on Friday, July 28th 2023. The 1-6 reverse split was announced on Friday, July 28th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, July 28th 2023. An investor that had 100 shares of stock prior to the reverse split would have 17 shares after the split.

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

Ontrak issued an update on its first quarter 2024 earnings guidance on Wednesday, April, 17th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.5 million-$2.9 million.

What other stocks do shareholders of Ontrak own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ontrak investors own include NVIDIA (NVDA), Inseego (INSG), JD.com (JD), Livongo Health (LVGO), Advanced Micro Devices (AMD), Alibaba Group (BABA), Marvell Technology (MRVL), Block (SQ), BioXcel Therapeutics (BTAI) and Salesforce (CRM).

How do I buy shares of Ontrak?

Shares of OTRK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:OTRK) was last updated on 4/28/2024 by MarketBeat.com Staff

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