Ontrak (OTRK) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $1.70 to $1.75
• 50-Day Range: $1.72 to $3.35
• 52-Week Range: $1.70 to $16.05
• Volume: 40,210 shs
• Average Volume: 630,321 shs
• Market Capitalization: $7.30 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $45.00
• Consensus Rating: Buy

Ontrak Stock Analysis - MarketRank™

Ontrak scored higher than 66% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

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.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Ontrak are expected to grow in the coming year, from ($7.39) to ($4.22) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ontrak is -0.16, 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 -0.16, 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 0.31. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.75% 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, 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 54.99%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Ontrak does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.75% 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, 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 54.99%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.66

News Sentiment

Ontrak has a news sentiment score of 0.66. 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 higher news sentiment than the 0.55 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Ontrak this week, compared to 1 article on an average week.

Search Interest

Only 5 people have searched for OTRK on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

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 1.90% 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.

OTRK Stock Analysis - Frequently Asked Questions

How have OTRK shares performed this year?

Ontrak's stock was trading at $6.0150 on January 1st, 2024. Since then, OTRK stock has decreased by 71.2% and is now trading at $1.73.
View the best growth stocks for 2024 here.

How were Ontrak's earnings last quarter?

Ontrak, Inc. (NASDAQ:OTRK) posted its quarterly earnings data on Thursday, August, 8th. The company reported ($2.85) EPS for the quarter, missing the consensus estimate of ($1.50) by $1.35. The business earned $2.45 million during the quarter, compared to the consensus estimate of $2.60 million. Ontrak had a negative net margin of 237.77% and a negative trailing twelve-month return on equity of 157.41%.

When did Ontrak's stock split?

Ontrak's stock reverse split on the morning of 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.

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.

What other stocks do shareholders of Ontrak own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ontrak investors own include Enovix (ENVX), Globant (GLOB), Luminar Technologies (LAZR), Rambus (RMBS), COMPASS Pathways (CMPS), Ginkgo Bioworks (DNA) and Toast (TOST).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 11/16/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Miscellaneous health & allied services, not elsewhere classified
• Sub-Industry: Healthcare
• Current Symbol: NASDAQ:OTRK
• CUSIP: N/A
• CIK: 1136174
• Web: ontrakhealth.com
• Phone: (310) 444-4300
• Fax: 888-975-7712
• Employees: 250
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $45.00
• High Stock Price Target: $45.00
• Low Stock Price Target: $45.00
• Potential Upside/Downside: +2,501.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($10.6156)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-27,920,000.00
• Net Margins: -237.77%
• Pretax Margin: -222.54%
• Return on Equity: -157.41%
• Return on Assets: -111.59%

Debt

• Debt-to-Equity Ratio: 0.43
• Current Ratio: 3.64
• Quick Ratio: 3.64

Sales & Book Value

• Annual Sales: $12.74 million
• Price / Sales: 0.57
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $5.56 per share
• Price / Book: 0.31

Miscellaneous

• Outstanding Shares: 4,220,000
• Free Float: 4,138,000
• Market Cap: $7.30 million
• Optionable: No Data
• Beta: 2.59