Catasys, Inc. (NASDAQ:CATS) has earned a consensus broker rating score of 1.50 (Buy) from the two brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. Catasys’ rating score has declined by 50% in the last three months as a result of various analysts’ upgrades and downgrades.

Brokerages have set a twelve-month consensus price objective of $8.65 for the company and are predicting that the company will post ($0.09) EPS for the current quarter, according to Zacks. Zacks has also assigned Catasys an industry rank of 241 out of 265 based on the ratings given to its competitors.

A number of equities analysts have commented on the company. Telsey Advisory Group assumed coverage on Catasys in a research note on Wednesday, October 18th. They issued a “buy” rating on the stock. Taglich Brothers assumed coverage on Catasys in a research note on Wednesday, October 18th. They issued a “speculative buy” rating and a $8.00 price objective on the stock. ValuEngine lowered Catasys from a “hold” rating to a “sell” rating in a research note on Saturday, October 21st. Finally, Zacks Investment Research lowered Catasys from a “hold” rating to a “sell” rating in a research note on Tuesday, December 19th.

Several institutional investors and hedge funds have recently modified their holdings of the company. FNY Partners Fund LP acquired a new position in shares of Catasys during the second quarter valued at $1,560,000. Kennedy Capital Management Inc. acquired a new position in shares of Catasys during the second quarter valued at $1,385,000. Bard Associates Inc. acquired a new position in shares of Catasys during the second quarter valued at $1,012,000. Finally, UBS Oconnor LLC acquired a new position in shares of Catasys during the second quarter valued at $834,000. 6.39% of the stock is currently owned by institutional investors and hedge funds.

Catasys (NASDAQ:CATS) traded up $0.01 during trading on Tuesday, reaching $3.76. The company’s stock had a trading volume of 96,064 shares, compared to its average volume of 95,200. The firm has a market capitalization of $59.58, a price-to-earnings ratio of -2.15 and a beta of -0.29. Catasys has a one year low of $3.30 and a one year high of $14.00.

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About Catasys

Catasys, Inc provides data analytics based specialized behavioral health management and integrated treatment 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. The company’s OnTrak solution includes medical and psychosocial interventions; and a proprietary Web based clinical information platform and database, psychosocial programs, and integrated care coaching services.

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