Should I buy or sell Ontrak stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ontrak in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research 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 brokers have issued twelve-month target prices for Ontrak's stock. Their OTRK share price targets range from $4.00 to $4.00. On average, they anticipate the company's stock price to reach $4.00 in the next year. This suggests a possible upside of 1,356.7% 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 on January 1st, 2024. Since then, OTRK stock has decreased by 31.5% and is now trading at $0.2746. View the best growth stocks for 2024 here .

Are investors shorting Ontrak?

Ontrak saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,480,000 shares, an increase of 2,615.6% from the March 15th total of 54,500 shares. Based on an average daily volume of 6,430,000 shares, the short-interest ratio is presently 0.2 days. Currently, 25.6% of the shares of the company are sold short. 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) posted its quarterly earnings results on Thursday, November, 5th. The company reported ($1.20) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($1.20). The firm earned $24.02 million during the quarter. Ontrak had a negative net margin of 261.48% and a negative trailing twelve-month return on equity of 1,444.59%. Read the conference call transcript .

When did Ontrak's stock split?

Ontrak shares reverse split on the morning of 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 market closes 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 EPS 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 .

NASDAQ:OTRK

Ontrak (OTRK) Stock Price, News & Analysis

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$0.27

-0.09 (-24.68%)

(As of 04/18/2024 ET)

Compare

Today's Range: $0.26
▼
$0.37
50-Day Range: $0.15
▼
$0.60
52-Week Range: $0.14
▼
$4.08

Volume: 2.65 million shs
Average Volume: 5.93 million shs
Market Capitalization: $7.57 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.00

Get Ontrak alerts:

Ontrak MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 1,356.7% Upside
$4.00 Price Target
Short Interest: Bearish
25.56% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.01
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.34) to ($0.14) 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.

1.87 out of 5 stars

3.5

Analyst's Opinion

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 received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
25.56% of the float of Ontrak has been sold short.
Short Interest Ratio / Days to Cover
Ontrak has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ontrak has recently increased by 2,615.60%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Ontrak does not currently pay a dividend.
Dividend Growth
Ontrak does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OTRK.

2.8

News and Social Media Coverage

News Sentiment
Ontrak has a news sentiment score of 0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Ontrak this week, compared to 0 articles on an average week.
Search Interest
20 people have searched for OTRK on MarketBeat in the last 30 days. This is an increase of 567% compared to the previous 30 days.
MarketBeat Follows
13 people have added Ontrak to their MarketBeat watchlist in the last 30 days. This is an increase of 550% compared to the previous 30 days.

0.0

Company Ownership

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 1.20% 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.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Ontrak are expected to grow in the coming year, from ($0.34) to ($0.14) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ontrak is -0.04, 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 -0.04, 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 0.22. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

OTRK Stock News Headlines

April 18, 2024 | investing.com

Earnings call: Ontrak reports growth and AI advancements in Q4

April 18, 2024 | seekingalpha.com

Ontrak, Inc. (OTRK) Q4 2023 Earnings Call Transcript

April 18, 2024 | Paradigm Press (Ad)

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April 18, 2024 | finance.yahoo.com

Ontrak Inc (OTRK) Q4 2023 Earnings Call Transcript Highlights: Key Financial Outcomes and ...

April 17, 2024 | msn.com

S&P Futures Climb as Investors Shift Focus to Earnings

April 17, 2024 | msn.com

Abbott Laboratories, U.S. Bancorp And 3 Stocks To Watch Heading Into Wednesday

April 16, 2024 | msn.com

Ontrak Non-GAAP EPS of -$0.27 misses by $0.06, revenue of $3.5M misses by $0.54M

April 16, 2024 | businesswire.com

Ontrak Announces 2023 Fourth Quarter and Year End Financial Results

April 18, 2024 | Paradigm Press (Ad)

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April 3, 2024 | businesswire.com

Ontrak to Report 2023 Fourth Quarter Financial Results on April 16, 2024

March 21, 2024 | msn.com

Ontrak Launches New Engagement System

March 21, 2024 | finance.yahoo.com

Ontrak Health Announces the Launch of the Ontrak Advanced Engagement System, Ushering in the Next Era of AI-enabled Behavioral Healthcare

March 19, 2024 | investorplace.com

Why Is Ontrak (OTRK) Stock Up 105% Today?

March 14, 2024 | businesswire.com

Ontrak to Participate at the 36th Annual Roth Conference

March 12, 2024 | finance.yahoo.com

Ontrak Health Announces Continuing Expansion with Sentara Health

March 12, 2024 | msn.com

Assure Holdings to sell certain assets to MPOWERHealth for $4.5M

February 29, 2024 | finance.yahoo.com

Ontrak Health Bolsters Strategic Partnership with Sentara Health Plans

February 27, 2024 | finance.yahoo.com

Ontrak Health Sets New Standard in Behavioral Health Care with Implementation of ReQoL Assessment in the US

February 27, 2024 | businesswire.com

Ontrak Health Sets New Standard in Behavioral Health Care with Implementation of ReQoL Assessment in the US

February 22, 2024 | benzinga.com

Ontrak Stock (NASDAQ:OTRK), Short Interest Report

January 3, 2024 | benzinga.com

Ontrak Stock (NASDAQ:OTRK), Guidance and Forecast

December 6, 2023 | markets.businessinsider.com

Buy Rating on Ontrak’s Stock Due to Strong Revenue Growth and Healthcare Cost Reduction

November 15, 2023 | finance.yahoo.com

Ontrak, Inc. (NASDAQ:OTRK) Q3 2023 Earnings Call Transcript

November 15, 2023 | benzinga.com

Ontrak Stock (NASDAQ:OTRK) Earnings Dates and Earning Calls

November 14, 2023 | finance.yahoo.com

Ontrak, Inc. Announces Closing of $6.3 Million Public Offering, $11 Million Concurrent Private Placement and $16.3 Million Conversion of Secured Notes

November 14, 2023 | finance.yahoo.com

Ontrak Announces 2023 Third Quarter Financial Results

November 12, 2023 | seekingalpha.com

Ontrak prices public offering of shares and warrants, private placement

See More Headlines

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Company Calendar

Last Earnings: 11/05/2020
Today: 4/18/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Medical
Industry: Miscellaneous health & allied services, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:OTRK
CUSIP: N/A
CIK: 1136174
Web: ontrakhealth.com
Phone: (310) 444-4300
Fax: 888-975-7712
Employees: 118
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: +1,356.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($6.1695)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-51,570,000.00
Net Margins: -261.48%
Pretax Margin: -262.61%
Return on Equity: -1,444.59%
Return on Assets: -129.49%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.14
Quick Ratio: 1.14

Sales & Book Value

Annual Sales: $12.74 million
Price / Sales: 0.59
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.25 per share
Price / Book: 0.22

Miscellaneous

Outstanding Shares: 27,560,000
Free Float: 27,233,000
Market Cap: $7.57 million
Optionable: No Data
Beta: 2.43

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Key Executives

Mr. Brandon H. LaVerne (Age 52)
Interim CEO & COO
Comp: $440.44k
Ms. Mary Louise Elizabeth Osborne (Age 63)
President & Chief Commercial Officer
Comp: $421.9k
Mr. James J. Park (Age 47)
CFO & Principal Accounting Officer
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

Key Competitors

View All Competitors

Institutional Ownership

Armistice Capital LLC
Bought 2,886,000 shares on 2/13/2024
Ownership: 10.472%

View All Institutional Transactions

OTRK Stock Analysis - Frequently Asked Questions

Should I buy or sell Ontrak stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ontrak in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research 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 brokers have issued twelve-month target prices for Ontrak's stock. Their OTRK share price targets range from $4.00 to $4.00. On average, they anticipate the company's stock price to reach $4.00 in the next year. This suggests a possible upside of 1,356.7% 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 on January 1st, 2024. Since then, OTRK stock has decreased by 31.5% and is now trading at $0.2746.
View the best growth stocks for 2024 here.
Are investors shorting Ontrak?: Ontrak saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,480,000 shares, an increase of 2,615.6% from the March 15th total of 54,500 shares. Based on an average daily volume of 6,430,000 shares, the short-interest ratio is presently 0.2 days. Currently, 25.6% of the shares of the company are sold short.
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) posted its quarterly earnings results on Thursday, November, 5th. The company reported ($1.20) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($1.20). The firm earned $24.02 million during the quarter. Ontrak had a negative net margin of 261.48% and a negative trailing twelve-month return on equity of 1,444.59%.
Read the conference call transcript.

When did Ontrak's stock split?: Ontrak shares reverse split on the morning of 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 market closes 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 EPS 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 4/18/2024 by MarketBeat.com Staff

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Ontrak (OTRK) Stock Price, News & Analysis

Ontrak MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Ontrak Stock (NASDAQ:OTRK)

OTRK Stock Price History

OTRK Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

OTRK Stock Analysis - Frequently Asked Questions

Overall MarketRank^™