OneMedNet (NASDAQ:ONMD – Get Free Report) and 8X8 (NASDAQ:EGHT – Get Free Report) are both small-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their risk, institutional ownership, profitability, earnings, valuation, analyst recommendations and dividends.
Institutional and Insider Ownership
1.0% of OneMedNet shares are owned by institutional investors. Comparatively, 94.0% of 8X8 shares are owned by institutional investors. 44.7% of OneMedNet shares are owned by insiders. Comparatively, 2.0% of 8X8 shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Profitability
This table compares OneMedNet and 8X8’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| OneMedNet | -728.70% | N/A | -255.78% |
| 8X8 | -2.96% | 11.38% | 1.92% |
Analyst Recommendations
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| OneMedNet | 1 | 0 | 0 | 0 | 1.00 |
| 8X8 | 4 | 1 | 3 | 0 | 1.88 |
8X8 has a consensus price target of $2.49, suggesting a potential upside of 28.79%. Given 8X8’s stronger consensus rating and higher possible upside, analysts clearly believe 8X8 is more favorable than OneMedNet.
Valuation & Earnings
This table compares OneMedNet and 8X8″s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| OneMedNet | $640,000.00 | 181.20 | -$10.13 million | ($0.11) | -21.45 |
| 8X8 | $718.28 million | 0.37 | -$27.21 million | ($0.16) | -12.06 |
OneMedNet has higher earnings, but lower revenue than 8X8. OneMedNet is trading at a lower price-to-earnings ratio than 8X8, indicating that it is currently the more affordable of the two stocks.
Volatility and Risk
OneMedNet has a beta of 0.99, suggesting that its stock price is 1% less volatile than the S&P 500. Comparatively, 8X8 has a beta of 1.89, suggesting that its stock price is 89% more volatile than the S&P 500.
Summary
8X8 beats OneMedNet on 10 of the 14 factors compared between the two stocks.
About OneMedNet
OneMedNet Corporation provides clinical imaging solutions. It offers iRWD, a solution that utilizes AI to securely de-identify, search, and curate imaging data for its partner network consisting of medical and academic research institutions to generate progression in stages of medical research, discovery and diagnostics that span the field of life sciences. OneMedNet Corporation is based in Eden Prairie, Minnesota.
About 8X8
8×8, Inc. engages in the provision of enterprise communication solutions. It offers solutions to the business services, education, financial services, government, healthcare, and manufacturing industries. The company was founded in February 1987 and is headquartered in Campbell, CA.
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