Critical Analysis: SinglePoint (OTCMKTS:SINGD) vs. RingCentral (NYSE:RNG)

RingCentral (NYSE:RNG) and SinglePoint (OTCMKTS:SINGD) are both technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, risk, earnings, dividends, analyst recommendations, institutional ownership and profitability.

Earnings & Valuation

This table compares RingCentral and SinglePoint”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
RingCentral	$2.58 billion	1.95	$43.39 million	$1.25	48.39
SinglePoint	$21.79 million	0.00	-$8.85 million	($23.99)	N/A

RingCentral has higher revenue and earnings than SinglePoint. SinglePoint is trading at a lower price-to-earnings ratio than RingCentral, indicating that it is currently the more affordable of the two stocks.

Risk & Volatility

RingCentral has a beta of 1.14, meaning that its stock price is 14% more volatile than the S&P 500. Comparatively, SinglePoint has a beta of 0.31, meaning that its stock price is 69% less volatile than the S&P 500.

Institutional & Insider Ownership

98.6% of RingCentral shares are held by institutional investors. 7.3% of RingCentral shares are held by insiders. Comparatively, 48.9% of SinglePoint shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of current ratings and recommmendations for RingCentral and SinglePoint, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
RingCentral	0	9	3	0	2.25
SinglePoint	0	0	0	0	0.00

RingCentral currently has a consensus price target of $44.40, indicating a potential downside of 26.59%. Given SinglePoint’s higher possible upside, analysts plainly believe SinglePoint is more favorable than RingCentral.

Profitability

This table compares RingCentral and SinglePoint’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
RingCentral	4.27%	-34.49%	13.89%
SinglePoint	-25.81%	N/A	-37.28%

Summary

RingCentral beats SinglePoint on 10 of the 13 factors compared between the two stocks.

About RingCentral

RingCentral, Inc., together with its subsidiaries, provides cloud communications, video meetings, collaboration, and contact center software-as-a-service solutions worldwide. The company’s products include RingCentral Message Video Phone that provides a unified experience for communication and collaboration across multiple modes, including HD voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Contact Center, a collaborative contact center solution that delivers AI-powered omnichannel and workforce engagement solutions with integrated RingCentral MVP; and RingCX, an AI-powered contact center that a native delivers omnichannel experience. It provides RingCentral Video, a video meeting service that includes the company’s RCV video and team messaging capabilities; offers video and audio conferencing, team messaging, file sharing, contact, task, and calendar management, as well as pre-meeting, in-meeting, and post-meeting capabilities. In addition, the company offers RingCentral Professional Services, which include consultation, UCaaS and CCaaS implementation, VoIP phone system adoption, configuring custom workflows, customer and user onboarding, ongoing support, advanced support, managed services, and more. It serves a range of industries, including financial services, education, healthcare, legal services, real estate, retail, technology, insurance, construction, hospitality, state and local government, and others. It sells its products to enterprise customers, as well as small and medium-sized businesses through resellers and distributors, partners, and global service providers. RingCentral, Inc. was incorporated in 1999 and is headquartered in Belmont, 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 founded in 2007 and is based in Phoenix, Arizona.