Financial Analysis: DevvStream (NASDAQ:DEVS) & Sound Point Meridian Capital (NYSE:SPMC)

Sound Point Meridian Capital (NYSE:SPMC – Get Free Report) and DevvStream (NASDAQ:DEVS – Get Free Report) are both small-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, institutional ownership, analyst recommendations, dividends, risk, earnings and valuation.

Profitability

This table compares Sound Point Meridian Capital and DevvStream’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Sound Point Meridian Capital N/A N/A N/A
DevvStream N/A N/A -202.28%

Valuation & Earnings

This table compares Sound Point Meridian Capital and DevvStream”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Sound Point Meridian Capital $72.51 million 1.80 -$118.49 million ($5.78) -1.10
DevvStream $24,493.00 219.06 -$12.07 million ($1.54) -0.10

DevvStream has lower revenue, but higher earnings than Sound Point Meridian Capital. Sound Point Meridian Capital is trading at a lower price-to-earnings ratio than DevvStream, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of recent recommendations and price targets for Sound Point Meridian Capital and DevvStream, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Sound Point Meridian Capital 0 3 1 0 2.25
DevvStream 1 0 0 0 1.00

Sound Point Meridian Capital presently has a consensus price target of $15.12, suggesting a potential upside of 138.11%. Given Sound Point Meridian Capital’s stronger consensus rating and higher possible upside, research analysts plainly believe Sound Point Meridian Capital is more favorable than DevvStream.

Insider & Institutional Ownership

75.8% of DevvStream shares are held by institutional investors. 0.9% of Sound Point Meridian Capital shares are held by insiders. Comparatively, 3.3% of DevvStream shares are held by 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.

Volatility & Risk

Sound Point Meridian Capital has a beta of 1.2, indicating that its share price is 20% more volatile than the S&P 500. Comparatively, DevvStream has a beta of 0.36, indicating that its share price is 64% less volatile than the S&P 500.

About Sound Point Meridian Capital

(Get Free Report)

Sound Point Meridian Capital Inc. is an externally managed, non-diversified closed-end management investment company. Its investment objective is to generate high current income, with a secondary objective to generate capital appreciation, by investing primarily in third-party collateralized loan obligation equity and mezzanine tranches. Sound Point Meridian Capital Inc. is based in NEW YORK.

About DevvStream

(Get Free Report)

DevvStream Holdings Inc. is a carbon credit project co-development and generation firm specializing in technology-based solutions. DevvStream Holdings Inc., formerly known as Focus Impact Acquisition Corp., is based in NEW YORK.

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