Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of CareCloud Inc (NASDAQ: CCLD) was $1.99 for the day, down -2.93% from the previous closing price of $2.05. In other words, the price has decreased by -$2.93 from its previous closing price. On the day, 0.4 million shares were traded. CCLD stock price reached its highest trading level at $2.04 during the session, while it also had its lowest trading level at $1.96.
Ratios:
Our analysis of CCLD’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.28. For the most recent quarter (mrq), Quick Ratio is recorded 1.65 and its Current Ratio is at 1.69. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, ROTH MKM on November 13, 2024, Downgraded its rating to Neutral and sets its target price to $3.50 from $5 previously.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 31 ’24 when DALY JOHN N sold 5,000 shares for $3.87 per share. The transaction valued at 19,350 led to the insider holds 61,750 shares of the business.
JOHN N DALY bought 5,000 shares of CCLD for $19,374 on Dec 31 ’24. On Dec 11 ’24, another insider, MUNTER CAMERON, who serves as the Director of the company, sold 30,000 shares for $4.10 each. As a result, the insider received 123,000 and left with 159,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CCLD now has a Market Capitalization of 84218992 and an Enterprise Value of 80703048. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.75 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at 0.717 whereas that against EBITDA is 5.478.
Stock Price History:
The Beta on a monthly basis for CCLD is 2.07, which has changed by -0.2789855 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, CCLD has reached a high of $4.84, while it has fallen to a 52-week low of $1.14. The 50-Day Moving Average of the stock is 20.74%, while the 200-Day Moving Average is calculated to be -24.84%.
Shares Statistics:
CCLD traded an average of 1.08M shares per day over the past three months and 364300 shares per day over the past ten days. A total of 42.32M shares are outstanding, with a floating share count of 25.35M. Insiders hold about 40.09% of the company’s shares, while institutions hold 11.32% stake in the company. Shares short for CCLD as of 1745971200 were 555940 with a Short Ratio of 0.51, compared to 1743379200 on 391777. Therefore, it implies a Short% of Shares Outstanding of 555940 and a Short% of Float of 1.54.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
A comprehensive evaluation of CareCloud Inc (CCLD) is underway, with the input of 3.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.08, with high estimates of $0.08 and low estimates of $0.07.
Analysts are recommending an EPS of between $0.31 and $0.22 for the fiscal current year, implying an average EPS of $0.27. EPS for the following year is $0.31, with 3.0 analysts recommending between $0.4 and $0.27.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $28.17M to a low estimate of $26M. As of the current estimate, CareCloud Inc’s year-ago sales were $28.09MFor the next quarter, 3 analysts are estimating revenue of $28.27M. There is a high estimate of $28.8M for the next quarter, whereas the lowest estimate is $27.83M.
A total of 3 analysts have provided revenue estimates for CCLD’s current fiscal year. The highest revenue estimate was $112.66M, while the lowest revenue estimate was $111M, resulting in an average revenue estimate of $111.63M. In the same quarter a year ago, actual revenue was $110.84MBased on 3 analysts’ estimates, the company’s revenue will be $120.04M in the next fiscal year. The high estimate is $128.55M and the low estimate is $115.08M.
