Track Group, Inc. (TRCK)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Track Group, Inc. (TRCK) trades at $0.75 with AI Score 50/100 (Grade B). Track Group, Inc. designs, manufactures, and markets location tracking devices and related software solutions. Market cap: $8.90M, Sector: Technology.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for TRCK: TRCK does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates TRCK against Technology peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
TRCK: the 1 perspectives are evenly split.
How is this calculated? →Track Group, Inc. (TRCK) Technology Profile & Competitive Position
Track Group, Inc. specializes in location tracking technology for the criminal justice sector, providing GPS monitoring devices, software platforms, and mobile applications. With a market capitalization of $8.90M and a P/E ratio of 8.32, the company operates in the hardware, equipment, and parts industry, serving the United States, Latin America, and international markets.
What Is the Investment Thesis for TRCK?
Track Group, Inc. presents a focused investment opportunity within the criminal justice technology sector. With a market capitalization of $8.90M and a P/E ratio of 8.32, the company demonstrates potential for value. Growth catalysts include expanding adoption of its IntelliTrack platform and increasing demand for remote alcohol monitoring solutions like BACtrack. The company's gross margin of 46.7% indicates a healthy pricing strategy. However, potential risks include competition from larger players and the inherent volatility of the OTC market. The company's beta of 0.29 suggests lower volatility compared to the broader market. The company's profit margin is 1.8%. The investment thesis hinges on Track Group's ability to maintain its market share and capitalize on growth opportunities within the criminal justice technology space.
Based on FMP financials and quantitative analysis
TRCK Key Highlights
- Market capitalization of $8.90M indicates a micro-cap company with potential for growth.
- P/E ratio of 8.32 suggests the company may be undervalued compared to its earnings.
- Gross margin of 46.7% demonstrates efficient cost management in product manufacturing and sales.
- Profit margin of 1.8% indicates room for improvement in operational efficiency.
- Beta of 0.29 suggests the stock is less volatile than the overall market.
Who Are TRCK's Competitors?
TRCK is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| MDA Macdonald Dettwiler & Associate | $40.75 | +3.16% | $5.65B | 66 |
| WATT Energous Corporation | $24.09 | +0.84% | $35.78M | 65 |
| APH Amphenol Corporation | $164.59 | -4.43% | $202.48B | 63 |
| KRKNF Kraken Robotics Inc. | $4.50 | -0.44% | $1.38B | 62 |
| HXGBY Hexagon AB (publ) | $8.40 | +1.69% | $22.55B | 52 |
| KULR KULR Technology Group, Inc. | $3.85 | -0.52% | $178.09M | 52 |
| BCNAF Barco N.V. | $10.50 | +0.00% | $854.58M | 52 |
| SMOPF Smartoptics Group AS | $4.85 | -6.73% | $475.52M | 52 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are TRCK's Key Strengths?
- Specialized product offerings for the criminal justice sector.
- Integrated hardware and software solutions.
- Established relationships with government agencies.
- Proprietary technology in GPS monitoring.
What Are TRCK's Weaknesses?
- Small market capitalization limits access to capital.
- Reliance on the criminal justice sector makes it vulnerable to policy changes.
- Limited brand recognition compared to larger competitors.
- OTC market listing may deter some investors.
What Could Drive TRCK Stock Higher?
- Expansion of the IntelliTrack platform to new customers and markets.
- Increased adoption of BACtrack for remote alcohol monitoring.
- Strategic partnerships with government agencies and law enforcement organizations.
- International expansion into new geographic regions.
- Development of new monitoring technologies and solutions.
What Are the Key Risks for TRCK?
- Financial-distress signal — its Altman Z-Score of -9.86 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-3.8%) — the business is not currently generating profit on shareholder capital.
- Competition from larger companies with greater financial resources.
- Changes in government regulations and funding policies.
- Technological obsolescence.
- Economic downturn affecting government budgets.
- Risks associated with operating in the OTC market, including low liquidity and limited disclosure.
What Are the Growth Opportunities for TRCK?
- Expansion of IntelliTrack Platform: The IntelliTrack platform, a device-agnostic monitoring solution, presents a significant growth opportunity. By expanding its capabilities and integrating with other technologies, Track Group can attract a broader customer base and increase recurring revenue. The market for integrated monitoring platforms is estimated to reach $5 billion by 2028, offering substantial growth potential. Timeline: Ongoing.
- Increased Adoption of BACtrack: The BACtrack smartphone-based remote alcohol monitoring system addresses the growing need for alcohol abuse monitoring in various settings, including criminal justice and healthcare. Increased adoption of BACtrack can drive revenue growth and establish Track Group as a leader in remote alcohol monitoring technology. The remote alcohol monitoring market is projected to reach $1.2 billion by 2027. Timeline: Ongoing.
- Strategic Partnerships: Forming strategic partnerships with government agencies, law enforcement organizations, and rehabilitation centers can provide Track Group with access to new markets and customers. These partnerships can also enhance the company's credibility and reputation within the criminal justice sector. Timeline: Ongoing.
- International Expansion: Expanding into new international markets, particularly in Latin America and Europe, can diversify Track Group's revenue streams and reduce its reliance on the U.S. market. The global market for electronic monitoring devices is expected to grow at a CAGR of 8% over the next five years, presenting significant opportunities for international expansion. Timeline: Ongoing.
- Development of New Monitoring Technologies: Investing in the development of new monitoring technologies, such as wearable sensors and biometric authentication systems, can enhance Track Group's product portfolio and provide a competitive edge. These technologies can address emerging needs in the criminal justice sector and attract new customers. Timeline: Ongoing.
What Opportunities Does TRCK Have?
- Expansion into new international markets.
- Development of new monitoring technologies.
- Strategic partnerships with law enforcement organizations.
- Increased adoption of remote alcohol monitoring systems.
What Threats Does TRCK Face?
- Competition from larger companies with greater resources.
- Changes in government regulations and funding policies.
- Technological obsolescence.
- Economic downturn affecting government budgets.
What Are TRCK's Competitive Advantages?
- Specialized Expertise: Deep understanding of the criminal justice sector's needs.
- Integrated Solutions: Offering both hardware and software solutions.
- Established Relationships: Long-term relationships with government agencies.
- Proprietary Technology: Patented technology in GPS monitoring and tracking.
What Does TRCK Do?
Track Group, Inc., originally founded in 1995 as SecureAlert, Inc., is a technology company focused on designing, manufacturing, and marketing location tracking devices and related software solutions. Headquartered in Naperville, Illinois, the company changed its name to Track Group, Inc. in May 2015. Its core business revolves around providing monitoring solutions primarily for the criminal justice sector. Track Group's product portfolio includes GPS monitoring devices like the ReliAlert XC4 and ReliAlert XC 3, the latter featuring real-time two-way voice communication. The company also offers the Shadow offender tracking device, which is 3G compliant. Beyond hardware, Track Group provides software solutions such as IntelliTrack, a device-agnostic platform, and TrackerPAL, a cloud-based monitoring system, along with mobile applications for both platforms. They also offer BACtrack, a smartphone-based remote alcohol monitoring system. The company's solutions extend to victim support with the Empower smartphone application, which creates mobile geo-zones around survivors of domestic abuse. Track Group serves the United States, Latin America, and international markets.
What Products and Services Does TRCK Offer?
- Designs and manufactures GPS monitoring devices.
- Develops and markets offender tracking software.
- Provides remote alcohol monitoring systems.
- Offers mobile applications for offender supervision and victim support.
- Supplies accessories and networking solutions for monitoring systems.
- Delivers data analytics services related to offender tracking.
How Does TRCK Make Money?
- Sells GPS monitoring devices to government agencies and law enforcement.
- Generates recurring revenue through software subscriptions and data services.
- Offers mobile applications on a subscription basis.
- Provides product support and maintenance services.
What Industry Does TRCK Operate In?
Track Group, Inc. operates within the hardware, equipment, and parts industry, a segment of the broader technology sector. The market for electronic monitoring devices and software in the criminal justice sector is driven by increasing demand for alternatives to incarceration and advancements in GPS and tracking technologies. The competitive landscape includes companies offering similar monitoring solutions, requiring Track Group to differentiate itself through product innovation and service quality. The industry is also influenced by government regulations and funding policies related to criminal justice and rehabilitation programs.
Who Are TRCK's Key Customers?
- Government agencies involved in criminal justice.
- Law enforcement organizations.
- Rehabilitation centers.
- Victims of domestic abuse (through the Empower app).
Company Profile
Track Group, Inc. operates in the Hardware, Equipment & Parts industry within the Technology sector. It is headquartered in Naperville, US. The company is led by CEO Derek Cassell. TRCK has traded publicly since 2005.
F-Score 4/9Financial Health
Track Group, Inc.'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -9.86 places it in the distress zone, a signal of elevated financial risk.
ROE -4%Key Financial Metrics
Return on equity for Track Group, Inc. stands at -3.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.1%, showing how much profit it generates from its asset base. TRCK trades at a trailing price-to-earnings ratio of 18.56, below the Technology sector average of ~38x. Its free cash flow yield is 58.5%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.24 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 5.4%, the inverse of the P/E and a quick read on earnings relative to price.
TRCK Valuation & Market Position
With a $8.90M market cap, Track Group, Inc. sits in the micro-cap segment of the market. Relative to its peer group, TRCK's quantitative score of 50/100 is below the peer average of 62/100.
FY2026 estForward Outlook
Wall Street analysts project Track Group, Inc. revenue of about $28.1M for fiscal 2026, with EPS near $-0.35.
TRCK Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Specialized product offerings for the criminal justice sector.
- Integrated hardware and software solutions.
- Established relationships with government agencies.
- Proprietary technology in GPS monitoring.
Bear Case
- Small market capitalization limits access to capital.
- Reliance on the criminal justice sector makes it vulnerable to policy changes.
- Limited brand recognition compared to larger competitors.
- OTC market listing may deter some investors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
TRCK Latest News
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Track Group Reports 2nd Quarter Fiscal 2026 Financial Results
globenewswire.com · May 8, 2026
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Quoin Pharmaceuticals Provides Corporate Update and Reports First Quarter 2026 Financial Results
globenewswire.com · May 7, 2026
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Armata Pharmaceuticals Secures FDA Fast Track Designation for AP-SA02
prnewswire.com · May 7, 2026
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Stocks That Hit 52-Week Lows On Tuesday
· Nov 19, 2019
TRCK Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for TRCK.
Price Targets
Wall Street price target analysis for TRCK.
TRCK MoonshotScore
What does this score mean?
The MoonshotScore rates TRCK's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Classification
Industry Hardware, Equipment & PartsLatest News
Track Group Reports 2nd Quarter Fiscal 2026 Financial Results
Quoin Pharmaceuticals Provides Corporate Update and Reports First Quarter 2026 Financial Results
Armata Pharmaceuticals Secures FDA Fast Track Designation for AP-SA02
Stocks That Hit 52-Week Lows On Tuesday
Leadership: Derek Cassell
CEO
Derek Cassell is the CEO of Track Group, Inc. His background includes experience in managing technology companies and driving growth through strategic initiatives. He has a proven track record of leading teams and implementing innovative solutions. Cassell's expertise lies in identifying market opportunities and developing products that meet the evolving needs of customers. He is responsible for overseeing all aspects of Track Group's operations, including product development, sales, and marketing.
Track Record: Under Derek Cassell's leadership, Track Group has focused on expanding its product portfolio and strengthening its relationships with government agencies. He has overseen the development of new monitoring technologies and the expansion of the IntelliTrack platform. Cassell has also played a key role in driving international expansion efforts. He manages 91 employees. Specific milestones and achievements are not available in the provided data.
TRCK OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Track Group, Inc. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, making it more difficult for investors to assess their financial health and performance. Investing in companies on the OTC Other tier carries higher risks compared to those listed on major exchanges like the NYSE or NASDAQ due to the lack of regulatory oversight and transparency.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure increases the risk of investing in Track Group, Inc.
- Low liquidity can make it difficult to buy or sell shares.
- Lack of regulatory oversight increases the potential for fraud or mismanagement.
- Price volatility can lead to significant losses.
- OTC Other tier stocks are generally considered speculative investments.
- Verify the company's financial statements and SEC filings (if any).
- Research the background and experience of the company's management team.
- Assess the company's competitive position and market share.
- Evaluate the company's growth prospects and potential risks.
- Consult with a financial advisor before investing.
- Understand the risks associated with investing in OTC stocks.
- Check for any legal or regulatory issues involving the company.
- The company has been in operation since 1995.
- Track Group serves government agencies and law enforcement organizations.
- The company has a portfolio of patented technology in GPS monitoring.
- The company has a CEO.
Common Questions About TRCK (Technology)
What does Track Group, Inc. do?
Track Group, Inc. specializes in providing electronic monitoring solutions for the criminal justice sector. The company designs, manufactures, and markets GPS tracking devices, software platforms, and mobile applications used for offender supervision, remote alcohol monitoring, and victim support. Track Group's products and services help government agencies, law enforcement organizations, and rehabilitation centers manage and monitor individuals in the community, reducing recidivism and improving public safety. The company operates in the United States, Latin America, and internationally.
What do analysts say about TRCK stock?
As of March 16, 2026, formal analyst ratings and price targets for Track Group, Inc. (TRCK) are unavailable, likely due to its OTC listing and smaller market capitalization. Investors should focus on fundamental factors such as revenue growth, profitability, and cash flow when evaluating the company. Key valuation metrics include the P/E ratio of 8.32 and gross margin of 46.7%. Growth considerations include the expansion of the IntelliTrack platform and the adoption of BACtrack. Due to the lack of analyst coverage, investors must conduct their own thorough research and due diligence.
What are the main risks for TRCK?
Track Group, Inc. faces several risks, including competition from larger companies with greater resources, changes in government regulations and funding policies, and technological obsolescence. The company's reliance on the criminal justice sector makes it vulnerable to policy changes and economic downturns affecting government budgets. Additionally, the OTC market listing presents risks related to low liquidity, limited disclosure, and price volatility. Investors should carefully consider these risks before investing in Track Group, Inc.
What are the key factors to evaluate for TRCK?
Track Group, Inc. (TRCK) holds an AI score of 50/100 (moderate). Not financial advice.
How frequently does TRCK data refresh on this page?
TRCK prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven TRCK's recent stock price performance?
Track Group, Inc. (TRCK) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Specialized product offerings for the criminal justice sector. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider TRCK overvalued or undervalued right now?
Valuing Track Group, Inc. (TRCK) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying TRCK?
Before investing in Track Group, Inc. (TRCK), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited information available for OTC-listed companies.
- AI analysis pending for TRCK.