Reviewing Singlepoint (OTCMKTS:SING) and Procore Technologies (NYSE:PCOR)

Procore Technologies (NYSE:PCOR) and Singlepoint (OTCMKTS:SING) are both computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, risk, dividends, institutional ownership, analyst recommendations, earnings and valuation.

Insider and Institutional Ownership

81.1% of Procore Technologies shares are owned by institutional investors. 16.8% of Procore Technologies shares are owned by insiders. Comparatively, 48.9% of Singlepoint shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Procore Technologies	-5.61%	-2.24%	-1.31%
Singlepoint	N/A	N/A	N/A

Analyst Recommendations

This is a breakdown of current ratings and target prices for Procore Technologies and Singlepoint, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Procore Technologies	1	3	14	0	2.72
Singlepoint	0	0	0	0	0.00

Procore Technologies currently has a consensus target price of $71.33, indicating a potential upside of 62.15%. Given Procore Technologies’ stronger consensus rating and higher possible upside, equities analysts clearly believe Procore Technologies is more favorable than Singlepoint.

Volatility & Risk

Procore Technologies has a beta of 0.75, indicating that its share price is 25% less volatile than the S&P 500. Comparatively, Singlepoint has a beta of 1.07, indicating that its share price is 7% more volatile than the S&P 500.

Earnings & Valuation

This table compares Procore Technologies and Singlepoint”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Procore Technologies	$1.32 billion	5.02	-$100.78 million	($0.51)	-86.26
Singlepoint	$20.28 million	0.00	-$28.93 million	($22.66)	-0.00

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

About Procore Technologies

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.

About Singlepoint

SinglePoint Inc. focuses on providing renewable energy solutions and energy-efficient applications in the United States. The company offers solar and air purification services; and solar installation and brokerage services. It also operates as an online store; supplies hydroponic supplies and nutrients to commercial and individual farmers, as well as nutrients, lights, HVAC systems, and other products to individuals that are interested in horticulture; and offers automotive technology solutions for vehicle repairs. In addition, the company provides digital and direct marketing services focused on customer lead generation in the solar energy industry. Further, it offers solar, battery backup, and electric vehicle chargers to homeowners and commercial business. The company was incorporated in 2007 and is based in Phoenix, Arizona.