Zacks Research Issues Negative Estimate for HCTI Earnings

Healthcare Triangle, Inc. (NASDAQ:HCTI) – Analysts at Zacks Research decreased their Q3 2026 earnings per share estimates for Healthcare Triangle in a research report issued on Friday, August 14th. Zacks Research analyst B. Sorensen now expects that the company will earn ($0.97) per share for the quarter, down from their prior forecast of ($0.24). The consensus estimate for Healthcare Triangle’s current full-year earnings is ($10.96) per share. Zacks Research also issued estimates for Healthcare Triangle’s Q4 2026 earnings at ($0.87) EPS, FY2026 earnings at ($10.23) EPS and FY2027 earnings at ($3.18) EPS.

Healthcare Triangle (NASDAQ:HCTI) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($1.56) earnings per share for the quarter, beating analysts’ consensus estimates of ($3.43) by $1.87. Healthcare Triangle had a negative return on equity of 125.45% and a negative net margin of 66.85%.The business had revenue of $9.19 million during the quarter, compared to analysts’ expectations of $10.35 million.

Other research analysts have also issued reports about the company. Wall Street Zen upgraded Healthcare Triangle from a “sell” rating to a “hold” rating in a report on Saturday, June 13th. Weiss Ratings restated a “sell (e+)” rating on shares of Healthcare Triangle in a report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Healthcare Triangle Trading Down 8.9%

Shares of HCTI stock opened at $0.98 on Thursday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.60 and a current ratio of 0.60. Healthcare Triangle has a fifty-two week low of $0.97 and a fifty-two week high of $223.20. The stock has a market capitalization of $1.98 million, a P/E ratio of -0.03 and a beta of 1.11. The company has a 50 day moving average price of $1.70 and a 200 day moving average price of $3.16.

Institutional Investors Weigh In On Healthcare Triangle

Institutional investors have recently added to or reduced their stakes in the business. XTX Topco Ltd purchased a new stake in shares of Healthcare Triangle in the second quarter valued at approximately $69,000. Jane Street Group LLC acquired a new stake in Healthcare Triangle in the 2nd quarter valued at about $33,000. Finally, Private Advisor Group LLC acquired a new stake in shares of Healthcare Triangle in the third quarter valued at approximately $26,000. Hedge funds and other institutional investors own 0.33% of the company’s stock.

About Healthcare Triangle

Healthcare Triangle, Inc (NASDAQ: HCTI) is a specialized digital transformation and cloud consulting firm focused on the healthcare industry. The company delivers a range of professional and managed services that help healthcare organizations modernize their IT infrastructure, optimize data workflows and achieve regulatory compliance.

Its core offerings include cloud architecture design and implementation, enterprise data platform development, application modernization and managed IT operations.