Analyzing CareCloud (CCLD) and Its Competitors

CareCloud (NASDAQ:CCLD – Get Free Report) is one of 93 publicly-traded companies in the “Healthcare Technology” industry, but how does it contrast to its competitors? We will compare CareCloud to similar businesses based on the strength of its analyst recommendations, valuation, risk, earnings, dividends, institutional ownership and profitability.

Profitability

This table compares CareCloud and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
CareCloud 7.36% 36.92% 16.40%
CareCloud Competitors -751.01% -29.51% -15.37%

Analyst Recommendations

This is a breakdown of current recommendations for CareCloud and its competitors, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CareCloud 0 1 1 0 2.50
CareCloud Competitors 455 1536 2751 89 2.51

As a group, “Healthcare Technology” companies have a potential upside of 42.91%. Given CareCloud’s competitors stronger consensus rating and higher possible upside, analysts clearly believe CareCloud has less favorable growth aspects than its competitors.

Volatility and Risk

CareCloud has a beta of 1.57, indicating that its share price is 57% more volatile than the S&P 500. Comparatively, CareCloud’s competitors have a beta of 1.11, indicating that their average share price is 11% more volatile than the S&P 500.

Insider & Institutional Ownership

10.2% of CareCloud shares are held by institutional investors. Comparatively, 42.4% of shares of all “Healthcare Technology” companies are held by institutional investors. 14.8% of CareCloud shares are held by insiders. Comparatively, 16.2% of shares of all “Healthcare Technology” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares CareCloud and its competitors top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
CareCloud $120.50 million $10.80 million 19.15
CareCloud Competitors $342.20 million -$24.15 million 12.85

CareCloud’s competitors have higher revenue, but lower earnings than CareCloud. CareCloud is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

CareCloud competitors beat CareCloud on 7 of the 13 factors compared.

CareCloud Company Profile

(Get Free Report)

CareCloud, Inc. (NASDAQ: CCLD) provides cloud-based health care information technology and revenue cycle management services to medical practices, hospitals and other health care organizations. The company’s solutions are designed to help providers manage administrative, clinical and financial operations through integrated software and technology-enabled services. Its offerings include electronic health records, practice management, medical billing and revenue cycle management, patient engagement tools, telehealth capabilities and related health care technology services.

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