
Healthcare Triangle, Inc. (NASDAQ:HCTI – Free Report) – Equities research analysts at Zacks Research issued their FY2026 earnings per share (EPS) estimates for Healthcare Triangle in a report released on Thursday, April 16th. Zacks Research analyst B. Sorensen expects that the company will post earnings per share of ($0.53) for the year. Zacks Research also issued estimates for Healthcare Triangle’s FY2027 earnings at ($0.22) EPS.
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Healthcare Triangle in a report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.
Healthcare Triangle Price Performance
Healthcare Triangle stock opened at $2.47 on Tuesday. The business’s 50-day simple moving average is $3.82 and its 200 day simple moving average is $67.74. The stock has a market cap of $1.80 million, a price-to-earnings ratio of 0.00 and a beta of 1.15. Healthcare Triangle has a 12-month low of $2.24 and a 12-month high of $7,470.00.
Institutional Investors Weigh In On Healthcare Triangle
A number of hedge funds have recently modified their holdings of HCTI. Private Advisor Group LLC acquired a new stake in shares of Healthcare Triangle during the third quarter worth about $26,000. Jane Street Group LLC acquired a new stake in shares of Healthcare Triangle during the second quarter worth about $33,000. Finally, XTX Topco Ltd acquired a new stake in shares of Healthcare Triangle during the second quarter worth about $69,000. Institutional investors and hedge funds own 0.33% of the company’s stock.
Healthcare Triangle announced that its board has approved a share buyback program on Wednesday, March 11th that allows the company to buyback $2,000.00 billion in outstanding shares. This buyback authorization allows the company to reacquire up to 100,000,000% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.
Healthcare Triangle Company Profile
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.
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