Catasys (CATS) to Release Earnings on Wednesday

Catasys (NASDAQ:CATS) will post its quarterly earnings results after the market closes on Wednesday, November 13th. Analysts expect Catasys to post earnings of ($0.34) per share for the quarter. Catasys has set its FY 2019 guidance at EPS.

Catasys (NASDAQ:CATS) last posted its earnings results on Wednesday, August 14th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.31) by ($0.03). The business had revenue of $7.68 million during the quarter, compared to the consensus estimate of $6.72 million. On average, analysts expect Catasys to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Shares of CATS stock traded up $0.23 during trading hours on Tuesday, hitting $15.00. 601 shares of the company’s stock were exchanged, compared to its average volume of 96,158. The firm has a market cap of $246.46 million, a P/E ratio of -16.85 and a beta of 1.62. The firm has a 50 day moving average of $14.93 and a two-hundred day moving average of $16.64. Catasys has a fifty-two week low of $8.71 and a fifty-two week high of $20.83.

Several research firms recently commented on CATS. ValuEngine raised Catasys from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Zacks Investment Research lowered Catasys from a “buy” rating to a “hold” rating in a research report on Wednesday, November 6th. Finally, BidaskClub lowered Catasys from a “buy” rating to a “hold” rating in a research report on Thursday, October 3rd. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $18.20.

Catasys Company Profile

Catasys, Inc provides big data predictive analytics, artificial intelligence and telehealth, combined with human intervention services to health plans and other third party payors. It offers OnTrak solution to improve treatment outcomes and lower the utilization of medical and behavioral health plan services.

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Earnings History for Catasys (NASDAQ:CATS)

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