Head to Head Comparison: Singlepoint (OTCMKTS:SING) versus Procore Technologies (NYSE:PCOR)
by Danessa Lincoln · The Markets DailySinglepoint (OTCMKTS:SING – Get Free Report) and Procore Technologies (NYSE:PCOR – Get Free Report) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, risk, institutional ownership, valuation, dividends, earnings and profitability.
Risk and Volatility
Singlepoint has a beta of 1.09, suggesting that its stock price is 9% more volatile than the S&P 500. Comparatively, Procore Technologies has a beta of 0.73, suggesting that its stock price is 27% less volatile than the S&P 500.
Profitability
This table compares Singlepoint and Procore Technologies’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Singlepoint | N/A | N/A | N/A |
| Procore Technologies | -5.61% | -2.24% | -1.31% |
Valuation & Earnings
This table compares Singlepoint and Procore Technologies”s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Singlepoint | $20.28 million | 0.00 | -$28.93 million | ($22.66) | 0.00 |
| Procore Technologies | $1.32 billion | 4.77 | -$100.78 million | ($0.51) | -81.95 |
Singlepoint has higher earnings, but lower revenue 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.
Insider and Institutional Ownership
81.1% of Procore Technologies shares are owned by institutional investors. 48.9% of Singlepoint shares are owned by company insiders. Comparatively, 16.8% of Procore Technologies shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Analyst Recommendations
This is a summary of recent ratings and target prices for Singlepoint and Procore Technologies, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Singlepoint | 0 | 0 | 0 | 0 | 0.00 |
| Procore Technologies | 1 | 3 | 14 | 0 | 2.72 |
Procore Technologies has a consensus target price of $71.33, suggesting a potential upside of 70.67%. Given Procore Technologies’ stronger consensus rating and higher possible upside, analysts clearly believe Procore Technologies is more favorable than Singlepoint.
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.
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.