NASDAQ:OTRK

Ontrak (OTRK) Stock Price, News & Analysis

$0.35
+0.05 (+16.88%)
(As of 04/23/2024 ET)
Today's Range
$0.31
$0.37
50-Day Range
$0.15
$0.60
52-Week Range
$0.14
$4.08
Volume
1.71 million shs
Average Volume
5.77 million shs
Market Capitalization
$9.54 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.00

Ontrak MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
1,055.4% Upside
$4.00 Price Target
Short Interest
Bearish
25.56% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.31mentions of Ontrak in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.53) to ($0.30) 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.

1.83 out of 5 stars

OTRK stock logo

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

OTRK Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Ontrak, Inc. (OTRK) Q4 2023 Earnings Call Transcript
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Ontrak Launches New Engagement System
Why Is Ontrak (OTRK) Stock Up 105% Today?
Ontrak Stock (NASDAQ:OTRK), Short Interest Report
Ontrak Announces 2023 Third Quarter Financial Results
See More Headlines
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Company Calendar

Last Earnings
11/05/2020
Today
4/23/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Miscellaneous health & allied services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:OTRK
Employees
102
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
+1,016.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-27,920,000.00
Net Margins
-219.10%
Pretax Margin
-219.73%

Debt

Sales & Book Value

Annual Sales
$12.74 million
Book Value
$0.52 per share

Miscellaneous

Free Float
27,233,000
Market Cap
$9.88 million
Optionable
No Data
Beta
2.42
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Key Executives

  • Mr. Brandon H. LaVerne (Age 52)
    CEO & COO
    Comp: $569.04k
  • Ms. Mary Louise Elizabeth Osborne (Age 62)
    President & Chief Commercial Officer
    Comp: $536.01k
  • Mr. James J. Park (Age 46)
    CFO & Principal Accounting Officer
    Comp: $426.6k
  • 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

OTRK Stock Analysis - Frequently Asked Questions

Should I buy or sell Ontrak stock right now?

2 Wall Street 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 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 12 month price targets for Ontrak's stock. Their OTRK share price targets range from $4.00 to $4.00. On average, they anticipate the company's share price to reach $4.00 in the next year. This suggests a possible upside of 1,055.4% 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 at the beginning of 2024. Since then, OTRK shares have decreased by 13.7% and is now trading at $0.3462.
View the best growth stocks for 2024 here
.

Are investors shorting Ontrak?

Ontrak saw a increase in short interest in 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 trading volume, of 6,430,000 shares, the days-to-cover ratio is presently 0.2 days. Approximately 25.6% of the company's shares 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 data on Thursday, November, 5th. The company reported ($1.20) earnings per share for the quarter, meeting analysts' consensus estimates of ($1.20). The company had revenue of $24.02 million for the quarter. Ontrak had a negative trailing twelve-month return on equity of 657.19% and a negative net margin of 219.10%.
Read the conference call transcript
.

When did Ontrak's stock split?

Ontrak's stock 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 closing bell 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 updated 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 4/23/2024 by MarketBeat.com Staff

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