FY2022 EPS Estimates for CloudMD Software & Services Inc. Cut by Analyst (CVE:DOC)

CloudMD Software & Services Inc. (CVE:DOCGet Rating) – Equities research analysts at Bloom Burton dropped their FY2022 EPS estimates for shares of CloudMD Software & Services in a note issued to investors on Wednesday, November 16th. Bloom Burton analyst P. Pandurangan now forecasts that the company will post earnings of ($0.52) per share for the year, down from their previous estimate of ($0.21). Bloom Burton currently has a “Accumulate” rating on the stock. The consensus estimate for CloudMD Software & Services’ current full-year earnings is ($0.06) per share. Bloom Burton also issued estimates for CloudMD Software & Services’ Q4 2022 earnings at ($0.03) EPS and FY2023 earnings at ($0.05) EPS.

CloudMD Software & Services (CVE:DOCGet Rating) last issued its earnings results on Monday, August 22nd. The company reported C($0.03) EPS for the quarter, missing the consensus estimate of C($0.02) by C($0.01). The firm had revenue of C$40.30 million for the quarter, compared to the consensus estimate of C$41.48 million.

A number of other research firms have also recently issued reports on DOC. Canaccord Genuity Group lowered their price objective on shares of CloudMD Software & Services from C$0.40 to C$0.25 in a research report on Wednesday, November 16th. KeyCorp reiterated a “sector weight” rating on shares of CloudMD Software & Services in a research report on Friday, September 16th.

CloudMD Software & Services Price Performance

Shares of CVE:DOC opened at C$0.22 on Monday. The firm has a 50 day moving average of C$0.25 and a 200-day moving average of C$0.35. The stock has a market capitalization of C$63.11 million and a PE ratio of -1.64. CloudMD Software & Services has a 12 month low of C$0.20 and a 12 month high of C$1.40. The company has a current ratio of 1.67, a quick ratio of 1.46 and a debt-to-equity ratio of 16.42.

About CloudMD Software & Services

(Get Rating)

CloudMD Software & Services Inc operates as a healthcare technology company in North America. The company operates through three segments: Clinic Services & Pharmacies, Digital Health Services, and Enterprise Health Solutions. It offers enterprise health solutions, including mental health support, healthcare navigation, rehabilitation and assessments, education, and absence management and occupational health.

Read More

Earnings History and Estimates for CloudMD Software & Services (CVE:DOC)

Receive News & Ratings for CloudMD Software & Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CloudMD Software & Services and related companies with MarketBeat.com's FREE daily email newsletter.