Profitability
This table compares iCoreConnect and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
iCoreConnect | -260.79% | -614.22% | -152.86% |
iCoreConnect Competitors | -57.22% | -28.65% | -7.66% |
Institutional & Insider Ownership
13.4% of iCoreConnect shares are held by institutional investors. Comparatively, 56.9% of shares of all “Prepackaged software” companies are held by institutional investors. 59.4% of iCoreConnect shares are held by company insiders. Comparatively, 18.9% of shares of all “Prepackaged software” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Valuation & Earnings
This table compares iCoreConnect and its peers gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
iCoreConnect | $8.15 million | -$15.55 million | -0.05 |
iCoreConnect Competitors | $2.43 billion | $336.94 million | 5.95 |
Volatility & Risk
iCoreConnect has a beta of 0.69, meaning that its stock price is 31% less volatile than the S&P 500. Comparatively, iCoreConnect’s peers have a beta of 0.44, meaning that their average stock price is 56% less volatile than the S&P 500.
Summary
iCoreConnect peers beat iCoreConnect on 7 of the 9 factors compared.
iCoreConnect Company Profile
iCoreConnect Inc., a cloud-based software and technology company, provides Health Insurance Portability and Accountability Act (HIPAA) compliant cloud-based software as a service (SaaS) in the United States. The company’s products include iCoreRx, a HIPAA compliant electronic prescription software; iCorePDMP, a solution that checks the patient’s Prescription Drug Monitoring Program (PDMP) history before prescribing controlled substances; iCoreVerify and iCoreVerify+, a HIPAA compliant SaaS solution that automatically retrieves a patients insurance eligibility breakdown to verify their benefits in advance of their appointment and on-demand; iCoreHuddle and iCoreHuddle+, a tool to instantly reveal the revenue potential of each patient; and iCoreCodeGenius, a medical coding reference SaaS solution. It also offers iCoreExchange, a SaaS email solution that allows doctors to send and receive secure email with attachments to and from other healthcare professionals; iCoreCloud, ability to backup their on-premise servers and computers to the cloud; iCoreClaims, for processing and managing claims submitted by policyholders or dental care providers; iCorePay, a patient payment processing solutions for payment and revenue cycle tracking; iCoreSecure, secure SaaS solution that solves privacy concerns in the insurance, real estate, financial and many other industry sectors; and iCoreIT, an IT managed services. The company was formerly known as iMedicor, Inc. and changed its name to iCoreConnect Inc. in June 2017. iCoreConnect Inc. was founded in 1992 and is headquartered in Ocoee, Florida.
Receive News & Ratings for iCoreConnect Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iCoreConnect and related companies with MarketBeat.com's FREE daily email newsletter.