Roth Capital Comments on Ontrak, Inc.’s FY2028 Earnings (NASDAQ:OTRK)

Ontrak, Inc. (NASDAQ:OTRK) – Analysts at Roth Capital issued their FY2028 earnings per share (EPS) estimates for Ontrak in a report released on Tuesday, April 16th. Roth Capital analyst J. Aschoff forecasts that the company will earn $0.12 per share for the year. The consensus estimate for Ontrak’s current full-year earnings is ($0.34) per share.

Ontrak Price Performance

Shares of OTRK stock opened at $0.25 on Friday. The firm has a market capitalization of $6.96 million, a PE ratio of -0.04 and a beta of 2.43. Ontrak has a 1-year low of $0.14 and a 1-year high of $4.08. The business’s fifty day moving average price is $0.28 and its 200 day moving average price is $0.45.

Institutional Trading of Ontrak

Large investors have recently bought and sold shares of the company. Armistice Capital LLC acquired a new stake in Ontrak in the fourth quarter valued at $1,157,000. Renaissance Technologies LLC acquired a new stake in Ontrak in the second quarter valued at $35,000. Two Sigma Investments LP grew its holdings in Ontrak by 119.9% in the first quarter. Two Sigma Investments LP now owns 51,600 shares of the company’s stock valued at $27,000 after purchasing an additional 28,131 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in Ontrak in the third quarter valued at $34,000. Finally, Vanguard Group Inc. grew its holdings in Ontrak by 182.0% in the third quarter. Vanguard Group Inc. now owns 778,960 shares of the company’s stock valued at $366,000 after purchasing an additional 502,702 shares during the last quarter. Institutional investors and hedge funds own 12.95% of the company’s stock.

Ontrak Company Profile

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.