Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
CareCloud Inc (NASDAQ: CCLD) closed the day trading at $3.26 down -4.12% from the previous closing price of $3.40. In other words, the price has decreased by -$4.12 from its previous closing price. On the day, 81780.0 shares were traded. CCLD stock price reached its highest trading level at $3.48 during the session, while it also had its lowest trading level at $3.15.
Ratios:
For a better understanding of CCLD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.94. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.03. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.04.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 52995212 and an Enterprise Value of 57609136. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 0.516 whereas that against EBITDA is 6.754.
Stock Price History:
The Beta on a monthly basis for CCLD is 1.42, which has changed by 1.5076923 over the last 52 weeks, in comparison to a change of 0.23806548 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 $1.01. The 50-Day Moving Average of the stock is 1.54%, while the 200-Day Moving Average is calculated to be 34.80%.
Shares Statistics:
Over the past 3-months, CCLD traded about 156.75K shares per day on average, while over the past 10 days, CCLD traded about 115960 shares per day. A total of 16.22M shares are outstanding, with a floating share count of 8.37M. Insiders hold about 48.54% of the company’s shares, while institutions hold 9.55% stake in the company. Shares short for CCLD as of 1730332800 were 50588 with a Short Ratio of 0.52, compared to 1727654400 on 57524. Therefore, it implies a Short% of Shares Outstanding of 50588 and a Short% of Float of 0.5.
Earnings Estimates
The current rating of CareCloud Inc (CCLD) is the result of assessments by 2.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $0.16, with high estimates of $0.16 and low estimates of $0.15.
Analysts are recommending an EPS of between $0.63 and $0.62 for the fiscal current year, implying an average EPS of $0.62. EPS for the following year is $0.94, with 2.0 analysts recommending between $1.03 and $0.86.
Revenue Estimates
4 analysts predict $28.03M in revenue for the current quarter. It ranges from a high estimate of $29.2M to a low estimate of $26.94M. As of the current estimate, CareCloud Inc’s year-ago sales were $28.42MFor the next quarter, 4 analysts are estimating revenue of $25.9M. There is a high estimate of $26.74M for the next quarter, whereas the lowest estimate is $24.25M.
A total of 4 analysts have provided revenue estimates for CCLD’s current fiscal year. The highest revenue estimate was $111.79M, while the lowest revenue estimate was $109.54M, resulting in an average revenue estimate of $110.63M. In the same quarter a year ago, actual revenue was $117.06MBased on 4 analysts’ estimates, the company’s revenue will be $111.41M in the next fiscal year. The high estimate is $114.59M and the low estimate is $105.54M.
