Catasys (CATS) to Release Earnings on Wednesday

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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 issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.34) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.31) by ($0.03). The company had revenue of $7.68 million for the quarter, compared to analyst estimates 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 Catasys stock traded up $0.23 during midday trading on Tuesday, reaching $15.00. The company had a trading volume of 601 shares, compared to its average volume of 96,158. The company has a market capitalization of $246.46 million, a price-to-earnings ratio of -16.85 and a beta of 1.62. The stock has a fifty day simple moving average of $14.93 and a 200 day simple moving average of $16.64. Catasys has a 1-year low of $8.71 and a 1-year high of $20.83.

A number of analysts recently weighed in on the stock. ValuEngine raised shares of Catasys from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Zacks Investment Research lowered shares of Catasys from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th. Finally, BidaskClub lowered shares of Catasys from a “buy” rating to a “hold” rating in a report on Thursday, October 3rd. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has an average 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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