CareCloud Inc.

Company Profile

CareCloud Inc. had its IPO on 2014-07-23 under the ticker symbol MTBC.

The company operates in the Technology sector and Software & IT Services industry. CareCloud Inc. has a staff strength of 4,100 employees.

Stock update

Shares of CareCloud Inc. opened at $3.4 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $3.01 - $3.47, and closed at $3.04.

This is a -10.06% slip from the previous day's closing price.

A total volume of 22,669 shares were traded at the close of the day’s session.

In the last one week, shares of CareCloud Inc. have slipped by -13.14%.

CareCloud Inc.'s Key Ratios

CareCloud Inc. has a market cap of $47.64 million, indicating a price to book ratio of 0.5018 and a price to sales ratio of 0.36.

In the last 12-months CareCloud Inc.’s revenue was $143.75 million with a gross profit of $52.68 million and an EBITDA of $16.23 million. The EBITDA ratio measures CareCloud Inc.'s overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, CareCloud Inc.’s operating margin was 3.92% while its return on assets stood at 2.57% with a return of equity of 8.46%.

In Q4, CareCloud Inc.’s quarterly earnings growth was a positive 0% while revenue growth was a negative 12%.

CareCloud Inc.’s PE and PEG Ratio

Forward PE

9.1659

Trailing PE

0

PEG

0.9162

Its diluted EPS in the last 12-months stands at $-0.611 per share while it has a forward price to earnings multiple of 9.1659 and a PEG multiple of 0.9162. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into CareCloud Inc.’s profitability.

CareCloud Inc. stock is trading at a EV to sales ratio of 0.374 and a EV to EBITDA ratio of 2.1699. Its price to sales ratio in the trailing 12-months stood at 0.36.

CareCloud Inc. stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$131.02 million

Total Liabilities

$19.20 million

Operating Cash Flow

$-3039000.00

Capital Expenditure

$835000

Dividend Payout Ratio

0%

CareCloud Inc. ended 2024 with $131.02 million in total assets and $0 in total liabilities. Its intangible assets were valued at $131.02 million while shareholder equity stood at $98.08 million.

CareCloud Inc. ended 2024 with $551000.00 in deferred long-term liabilities, $19.20 million in other current liabilities, 16000.00 in common stock, $-26208000.00 in retained earnings and $61.19 million in goodwill. Its cash balance stood at $0 and cash and short-term investments were $0. The company’s total short-term debt was $84,000 while long-term debt stood at $10.01 million.

CareCloud Inc.’s total current assets stands at $31.48 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $14.66 million compared to accounts payable of $15.63 million and inventory worth $265000.00.

In 2024, CareCloud Inc.'s operating cash flow was $-3039000.00 while its capital expenditure stood at $835000.

Comparatively, CareCloud Inc. paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$3.04

52-Week High

$5.35

52-Week Low

$2.5

Analyst Target Price

$9.5

CareCloud Inc. stock is currently trading at $3.04 per share. It touched a 52-week high of $5.35 and a 52-week low of $5.35. Analysts tracking the stock have a 12-month average target price of $9.5.

Its 50-day moving average was $3.54 and 200-day moving average was $3.68 The short ratio stood at 1.2 indicating a short percent outstanding of 0%.

Around 3473.2% of the company’s stock are held by insiders while 1972.7% are held by institutions.