Catasys (NASDAQ:CATS) is set to issue its quarterly earnings data after the market closes on Wednesday, August 14th. Analysts expect the company to announce earnings of ($0.31) per share for the quarter.
Shares of Catasys stock traded up $0.59 during trading hours on Tuesday, hitting $17.27. 800 shares of the company’s stock traded hands, compared to its average volume of 143,211. The stock has a 50 day moving average of $17.97. The stock has a market cap of $280.06 million, a P/E ratio of -19.19 and a beta of 1.61. Catasys has a twelve month low of $7.51 and a twelve month high of $20.83.
CATS has been the subject of several recent analyst reports. Dougherty & Co assumed coverage on Catasys in a research note on Tuesday, May 7th. They set a “buy” rating for the company. Canaccord Genuity lifted their target price on Catasys from $15.00 to $26.00 and gave the company a “buy” rating in a research note on Friday, May 10th. Zacks Investment Research downgraded Catasys from a “buy” rating to a “hold” rating in a research note on Monday, July 29th. Finally, BidaskClub downgraded Catasys from a “hold” rating to a “sell” rating in a research note on Thursday, August 8th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. Catasys presently has a consensus rating of “Buy” and a consensus price target of $18.80.
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.
Featured Story: How is diluted EPS different from basic EPS?
Receive News & Ratings for Catasys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Catasys and related companies with MarketBeat.com's FREE daily email newsletter.