Ontrak, Inc. to Post FY2028 Earnings of $0.12 Per Share, Roth Capital Forecasts (NASDAQ:OTRK)

Ontrak, Inc. (NASDAQ:OTRKFree Report) – Research 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 Stock Down 8.0 %

Shares of Ontrak stock opened at $0.25 on Friday. The stock has a market cap of $6.96 million, a P/E ratio of -0.04 and a beta of 2.43. Ontrak has a 12-month low of $0.14 and a 12-month high of $4.08. The business’s 50 day moving average is $0.28 and its 200-day moving average is $0.45.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Two Sigma Investments LP lifted its stake in shares of Ontrak by 119.9% during the 1st quarter. Two Sigma Investments LP now owns 51,600 shares of the company’s stock worth $27,000 after buying an additional 28,131 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in Ontrak during the third quarter worth approximately $34,000. Renaissance Technologies LLC bought a new stake in shares of Ontrak during the second quarter worth approximately $35,000. Charles Schwab Investment Management Inc. grew its position in shares of Ontrak by 51.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 29,007 shares of the company’s stock valued at $66,000 after purchasing an additional 9,895 shares during the last quarter. Finally, XTX Topco Ltd increased its stake in shares of Ontrak by 273.2% during the first quarter. XTX Topco Ltd now owns 50,431 shares of the company’s stock worth $114,000 after purchasing an additional 36,918 shares during the period. 12.95% of the stock is currently owned by institutional investors and hedge funds.

Ontrak Company Profile

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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.

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