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Contrasting Healthcare Triangle (HCTI) and Its Peers

Defense World ·  Nov 23, 2022 14:31

Healthcare Triangle (NASDAQ:HCTI – Get Rating) is one of 78 publicly-traded companies in the "Computer integrated systems design" industry, but how does it weigh in compared to its peers? We will compare Healthcare Triangle to related companies based on the strength of its analyst recommendations, profitability, valuation, institutional ownership, earnings, risk and dividends.

Earnings & Valuation

This table compares Healthcare Triangle and its peers gross revenue, earnings per share and valuation.

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Gross Revenue Net Income Price/Earnings Ratio
Healthcare Triangle $35.27 million -$5.95 million -0.62
Healthcare Triangle Competitors $1.73 billion -$31.62 million 11.47

Healthcare Triangle's peers have higher revenue, but lower earnings than Healthcare Triangle. Healthcare Triangle is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Institutional & Insider Ownership

0.4% of Healthcare Triangle shares are held by institutional investors. Comparatively, 57.9% of shares of all "Computer integrated systems design" companies are held by institutional investors. 3.3% of Healthcare Triangle shares are held by company insiders. Comparatively, 10.7% of shares of all "Computer integrated systems design" companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a summary of current recommendations and price targets for Healthcare Triangle and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Healthcare Triangle 0 0 1 0 3.00
Healthcare Triangle Competitors 253 1674 2873 58 2.56

Healthcare Triangle currently has a consensus price target of $2.00, indicating a potential upside of 1,150.00%. As a group, "Computer integrated systems design" companies have a potential upside of 40.93%. Given Healthcare Triangle's stronger consensus rating and higher possible upside, research analysts plainly believe Healthcare Triangle is more favorable than its peers.

Profitability

This table compares Healthcare Triangle and its peers' net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Healthcare Triangle -18.69% -52.58% -34.81%
Healthcare Triangle Competitors -246.45% -216.41% -11.29%

Healthcare Triangle Company Profile

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Healthcare Triangle, Inc., a healthcare information technology company, focuses on developing solutions in the sectors of cloud services, data science, and professional and managed services. It provides a suite of software, solutions, platforms, and services that enables healthcare and pharma organizations to deliver personalized healthcare, precision medicine, advances in drug discovery, development and efficacy, collaborative research and development, respond to evidence, and enhance the digital transformation. The company's software platforms include CloudEz, an enterprise multi-cloud transformation and management platform that enables customers to manage their cloud infrastructure across private, hybrid, and public cloud infrastructures; and DataEz, a cloud-based data analytics and data science platform for the data analytics and data science requirements of life sciences/pharmaceutical and healthcare provider organizations. It also provides Readabl.AI, a Software-as-a-Service solution that uses public cloud artificial intelligence and machine learning to recognize and extract healthcare information from documents, faxes, and narrative reports. In addition, it offers cloud IT services; and healthcare IT services, such as electronic health records and software implementation, optimization, and extension to community partners, as well as application managed services, and backup and disaster recovery on public cloud. The company primarily serves healthcare delivery organizations, healthcare insurance companies, pharmaceutical and life sciences, biotech companies, and medical device manufacturers. Healthcare Triangle, Inc. was incorporated in 2019 and is based in Pleasanton, California. Healthcare Triangle, Inc. operates as a subsidiary of SecureKloud Technologies, Inc.

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