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Reviewing Healthcare Triangle (HCTI) & Its Competitors

Defense World ·  Dec 4, 2022 14:31

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

Profitability

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

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Net Margins Return on Equity Return on Assets
Healthcare Triangle -18.69% -52.58% -34.81%
Healthcare Triangle Competitors -242.75% -212.19% -11.35%

Analyst Recommendations

This is a summary of current recommendations and price targets for Healthcare Triangle and its competitors, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Healthcare Triangle 0 0 1 0 3.00
Healthcare Triangle Competitors 256 1675 2878 58 2.56
Healthcare Triangle presently has a consensus price target of $2.00, suggesting a potential upside of 773.36%. As a group, "Computer integrated systems design" companies have a potential upside of 37.58%. Given Healthcare Triangle's stronger consensus rating and higher possible upside, equities analysts plainly believe Healthcare Triangle is more favorable than its competitors.

Institutional & Insider Ownership

0.4% of Healthcare Triangle shares are owned by institutional investors. Comparatively, 57.2% of shares of all "Computer integrated systems design" companies are owned by institutional investors. 3.3% of Healthcare Triangle shares are owned by company insiders. Comparatively, 12.0% of shares of all "Computer integrated systems design" companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Risk & Volatility

Healthcare Triangle has a beta of -0.55, indicating that its share price is 155% less volatile than the S&P 500. Comparatively, Healthcare Triangle's competitors have a beta of -5.23, indicating that their average share price is 623% less volatile than the S&P 500.

Valuation & Earnings

This table compares Healthcare Triangle and its competitors gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Healthcare Triangle $35.27 million -$5.95 million -0.88
Healthcare Triangle Competitors $1.73 billion -$31.62 million 11.33

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

Summary

Healthcare Triangle beats its competitors on 7 of the 13 factors compared.

About Healthcare Triangle

(Get Rating)

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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