Free Trial
NASDAQ:OTRK

Ontrak (OTRK) Stock Price, News & Analysis

$2.76
+0.94 (+51.65%)
(As of 10/8/2024 ET)

About Ontrak Stock (NASDAQ:OTRK)

Key Stats

Today's Range
$2.63
$5.51
50-Day Range
$0.20
$3.35
52-Week Range
$1.81
$21.29
Volume
98.26 million shs
Average Volume
691,420 shs
Market Capitalization
$132.39 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.00
Consensus Rating
Buy

Company Overview

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. Ontrak, Inc. was incorporated in 2003 and is headquartered in Miami, Florida.

Ontrak Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
22nd Percentile Overall Score

OTRK MarketRank™: 

Ontrak scored higher than 22% of companies evaluated by MarketBeat, and ranked 888th out of 994 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ontrak has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Ontrak has only been the subject of 1 research reports in the past 90 days.

  • Read more about Ontrak's stock forecast and price target.
  • Earnings Growth

    Earnings for Ontrak are expected to grow in the coming year, from ($7.35) to ($3.60) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ontrak is -0.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ontrak is -0.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Ontrak has a P/B Ratio of 0.50. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Ontrak's valuation and earnings.
  • Percentage of Shares Shorted

    0.03% of the outstanding shares of Ontrak have been sold short.
  • Short Interest Ratio / Days to Cover

    Ontrak has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Ontrak has recently decreased by 95.59%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Ontrak does not currently pay a dividend.

  • Dividend Growth

    Ontrak does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.03% of the outstanding shares of Ontrak have been sold short.
  • Short Interest Ratio / Days to Cover

    Ontrak has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Ontrak has recently decreased by 95.59%, indicating that investor sentiment is improving significantly.
  • Search Interest

    4 people have searched for OTRK on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 1 people have added Ontrak to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ontrak insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.60% of the stock of Ontrak is held by insiders.

  • Percentage Held by Institutions

    Only 12.95% of the stock of Ontrak is held by institutions.

  • Read more about Ontrak's insider trading history.
Receive OTRK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ontrak and its competitors with MarketBeat's FREE daily newsletter.

OTRK Stock News Headlines

ONTRAK INC. DL -,0001 (HY10.DU)
Ontrak Inc (HY10.MU)
[SHOCKING] Crypto Document Leak…
Imagine if you could go back to 2009 and buy Bitcoin at $0.01. Or jump to 2015 and grab Ethereum at $0.75. We've created the next best thing: It's called "Crypto Revolution," and it's not just a book… it's your potential ticket to financial time travel.
Ontrak Inc. (HY10.SG)
Ontrak, Inc. Announces Reverse Stock Split
Ontrak, Inc. Announces Reverse Stock Split
See More Headlines

OTRK Stock Analysis - Frequently Asked Questions

Ontrak's stock was trading at $0.4010 at the beginning of 2024. Since then, OTRK shares have increased by 588.3% and is now trading at $2.76.
View the best growth stocks for 2024 here
.

Ontrak, Inc. (NASDAQ:OTRK) announced its earnings results on Thursday, August, 8th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.09. The business earned $2.45 million during the quarter, compared to analysts' expectations of $2.60 million. Ontrak had a negative trailing twelve-month return on equity of 238.43% and a negative net margin of 222.54%.

Shares of Ontrak reverse split before market open on Monday, September 23rd 2024. The 1-15 reverse split was announced on Thursday, September 19th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Friday, September 20th 2024. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

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.

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

Company Calendar

Last Earnings
8/08/2024
Today
10/08/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Miscellaneous health & allied services, not elsewhere classified
Sub-Industry
Healthcare
Current Symbol
NASDAQ:OTRK
Employees
250
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.00
High Stock Price Target
$3.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+8.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-27,920,000.00
Net Margins
-222.54%
Pretax Margin
-222.54%

Debt

Sales & Book Value

Annual Sales
$12.39 million
Book Value
$5.56 per share

Miscellaneous

Free Float
47,200,000
Market Cap
$132.39 million
Optionable
No Data
Beta
2.56
20 High-Yield Dividend Stocks that Could Ruin Your Retirement Cover

Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.

Get This Free Report

This page (NASDAQ:OTRK) was last updated on 10/8/2024 by MarketBeat.com Staff
From Our Partners