Analyzing Alkami Technology (NASDAQ:ALKT) and iCoreConnect (NASDAQ:ICCT)

Alkami Technology (NASDAQ:ALKTGet Free Report) and iCoreConnect (NASDAQ:ICCTGet Free Report) are both computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their risk, institutional ownership, profitability, earnings, valuation, analyst recommendations and dividends.

Profitability

This table compares Alkami Technology and iCoreConnect’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Alkami Technology -14.55% -11.31% -9.15%
iCoreConnect -263.12% -1,451.73% -171.32%

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Alkami Technology and iCoreConnect, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Alkami Technology 0 2 6 0 2.75
iCoreConnect 0 0 0 0 0.00

Alkami Technology presently has a consensus target price of $39.88, indicating a potential upside of 30.78%. Given Alkami Technology’s stronger consensus rating and higher probable upside, equities analysts plainly believe Alkami Technology is more favorable than iCoreConnect.

Volatility & Risk

Alkami Technology has a beta of 0.56, suggesting that its share price is 44% less volatile than the S&P 500. Comparatively, iCoreConnect has a beta of -0.7, suggesting that its share price is 170% less volatile than the S&P 500.

Institutional and Insider Ownership

55.0% of Alkami Technology shares are owned by institutional investors. Comparatively, 13.4% of iCoreConnect shares are owned by institutional investors. 18.1% of Alkami Technology shares are owned by company insiders. Comparatively, 59.4% of iCoreConnect shares are owned by company 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.

Earnings and Valuation

This table compares Alkami Technology and iCoreConnect”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Alkami Technology $355.56 million 8.83 -$62.91 million ($0.38) -80.24
iCoreConnect $11.05 million 0.45 -$15.55 million ($63.20) -0.04

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

Summary

Alkami Technology beats iCoreConnect on 11 of the 14 factors compared between the two stocks.

About Alkami Technology

(Get Free Report)

Alkami Technology, Inc. offers cloud-based digital banking solutions in the United States. The company's Alkami Platform allows financial institutions to onboard and engage new users, accelerate revenues, and enhance operational efficiency, with the support of a proprietary, cloud-based, and multi-tenant architecture. It serves community, regional, super-regional credit unions, and banks. The company was founded in 2009 and is headquartered in Plano, Texas.

About iCoreConnect

(Get Free Report)

iCoreConnect Inc., a cloud-based software and technology company, provides Health Insurance Portability and Accountability Act (HIPAA) compliant cloud-based software as a service (SaaS) in the United States. The company’s products include iCoreRx, a HIPAA compliant electronic prescription software; iCorePDMP, a solution that checks the patient’s Prescription Drug Monitoring Program (PDMP) history before prescribing controlled substances; iCoreVerify and iCoreVerify+, a HIPAA compliant SaaS solution that automatically retrieves a patients insurance eligibility breakdown to verify their benefits in advance of their appointment and on-demand; iCoreHuddle and iCoreHuddle+, a tool to instantly reveal the revenue potential of each patient; and iCoreCodeGenius, a medical coding reference SaaS solution. It also offers iCoreExchange, a SaaS email solution that allows doctors to send and receive secure email with attachments to and from other healthcare professionals; iCoreCloud, ability to backup their on-premise servers and computers to the cloud; iCoreClaims, for processing and managing claims submitted by policyholders or dental care providers; iCorePay, a patient payment processing solutions for payment and revenue cycle tracking; iCoreSecure, secure SaaS solution that solves privacy concerns in the insurance, real estate, financial and many other industry sectors; and iCoreIT, an IT managed services. The company was formerly known as iMedicor, Inc. and changed its name to iCoreConnect Inc. in June 2017. iCoreConnect Inc. was founded in 1992 and is headquartered in Ocoee, Florida.

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