Financial Contrast: Procore Technologies (NYSE:PCOR) & OneMedNet (NASDAQ:ONMD)

OneMedNet (NASDAQ:ONMDGet Free Report) and Procore Technologies (NYSE:PCORGet Free Report) are both computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, earnings, valuation, profitability, dividends, risk and analyst recommendations.

Institutional & Insider Ownership

1.0% of OneMedNet shares are held by institutional investors. Comparatively, 81.1% of Procore Technologies shares are held by institutional investors. 46.2% of OneMedNet shares are held by insiders. Comparatively, 21.5% of Procore Technologies shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for OneMedNet and Procore Technologies, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
OneMedNet 1 0 0 0 1.00
Procore Technologies 1 6 13 0 2.60

Procore Technologies has a consensus price target of $84.47, indicating a potential upside of 9.81%. Given Procore Technologies’ stronger consensus rating and higher possible upside, analysts clearly believe Procore Technologies is more favorable than OneMedNet.

Profitability

This table compares OneMedNet and Procore Technologies’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
OneMedNet -411.11% N/A -262.52%
Procore Technologies -9.84% -6.18% -3.74%

Volatility & Risk

OneMedNet has a beta of 1.1, indicating that its share price is 10% more volatile than the S&P 500. Comparatively, Procore Technologies has a beta of 0.9, indicating that its share price is 10% less volatile than the S&P 500.

Earnings and Valuation

This table compares OneMedNet and Procore Technologies”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
OneMedNet $640,000.00 141.87 -$10.13 million ($0.05) -35.60
Procore Technologies $1.15 billion 10.38 -$105.96 million ($0.84) -91.58

OneMedNet has higher earnings, but lower revenue than Procore Technologies. Procore Technologies is trading at a lower price-to-earnings ratio than OneMedNet, indicating that it is currently the more affordable of the two stocks.

About OneMedNet

(Get Free Report)

OneMedNet Corporation provides clinical imaging solutions. It offers iRWD, a solution that utilizes AI to securely de-identify, search, and curate imaging data for its partner network consisting of medical and academic research institutions to generate progression in stages of medical research, discovery and diagnostics that span the field of life sciences. OneMedNet Corporation is based in Eden Prairie, Minnesota.

About Procore Technologies

(Get Free Report)

Procore Technologies, Inc. engages in the provision of a cloud-based construction management platform and related software products in the United States and internationally. The company’s platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects. It offers Preconstruction that facilitates collaboration between internal and external stakeholders during the planning, budgeting, estimating, bidding, and partner selection phase of a construction project; and Project Execution, which enables real-time collaboration, information storage, design, BIM model clash detection, and regulation compliance for teams on the jobsite and in the back office. The company also provides Workforce Management, that helps contractors to schedule, track, and forecast labor productivity, enhance time management, communication with workforces, and manage profitability on construction projects; Financial Management, which provides customers with visibility into the financial health of their individual construction projects and portfolios, as well as facilitates untethered access to financial data, linking the field, and the office in real-time; and Construction Intelligence, that allows customers to capture, manage, and learn from data for project and portfolio reporting, analytics, and artificial intelligence-guided workflows, as well as to monitor projects and drive informed decision-making for business needs. It serves owners, general contractors, and specialty contractors operating in the commercial, residential, industrial, and infrastructure segments of the construction industry. The company allow users to access its products on computers, smartphones, and tablets through any web browser or from its mobile application available for iOS and Android platforms through its direct sales team. Procore Technologies, Inc. was incorporated in 2002 and is headquartered in Carpinteria, California.

Receive News & Ratings for OneMedNet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OneMedNet and related companies with MarketBeat.com's FREE daily email newsletter.