FY2026 Earnings Forecast for HCTI Issued By Zacks Research

Healthcare Triangle, Inc. (NASDAQ:HCTI) – Zacks Research reduced their FY2026 earnings per share estimates for Healthcare Triangle in a note issued to investors on Thursday, May 14th. Zacks Research analyst B. Sorensen now expects that the company will earn ($16.13) per share for the year, down from their previous estimate of ($0.53). The consensus estimate for Healthcare Triangle’s current full-year earnings is ($0.53) per share. Zacks Research also issued estimates for Healthcare Triangle’s FY2027 earnings at ($10.14) EPS.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Healthcare Triangle in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Healthcare Triangle has a consensus rating of “Sell”.

Healthcare Triangle Price Performance

Healthcare Triangle stock opened at $2.22 on Tuesday. The stock’s fifty day moving average price is $2.51 and its two-hundred day moving average price is $47.04. Healthcare Triangle has a one year low of $2.06 and a one year high of $1,299.78. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.90 and a quick ratio of 0.90. The firm has a market cap of $4.37 million, a PE ratio of 0.00 and a beta of 0.99.

Institutional Investors Weigh In On Healthcare Triangle

Hedge funds have recently modified their holdings of the company. Private Advisor Group LLC bought a new position in Healthcare Triangle during the 3rd quarter worth $26,000. Jane Street Group LLC bought a new position in Healthcare Triangle during the 2nd quarter worth $33,000. Finally, XTX Topco Ltd bought a new position in Healthcare Triangle during the 2nd quarter worth $69,000. Institutional investors and hedge funds own 0.33% of the company’s stock.

Healthcare Triangle declared that its Board of Directors has initiated a stock buyback program on Wednesday, March 11th that authorizes the company to buyback $2,000.00 billion in shares. This buyback authorization authorizes the company to repurchase up to 100,000,000% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

About Healthcare Triangle

Healthcare Triangle, Inc (NASDAQ: HCTI) is a specialized digital transformation and cloud consulting firm focused on the healthcare industry. The company delivers a range of professional and managed services that help healthcare organizations modernize their IT infrastructure, optimize data workflows and achieve regulatory compliance.

Its core offerings include cloud architecture design and implementation, enterprise data platform development, application modernization and managed IT operations.