Global-E Online (NASDAQ:GLBE) versus iCoreConnect (NASDAQ:ICCT) Critical Analysis

Global-E Online (NASDAQ:GLBE) and iCoreConnect (NASDAQ:ICCT) are both retail/wholesale companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, profitability, valuation, earnings, risk and dividends.

Analyst Ratings

This is a summary of current ratings and recommmendations for Global-E Online and iCoreConnect, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Global-E Online	0	0	11	0	3.00
iCoreConnect	0	0	0	0	N/A

Global-E Online currently has a consensus price target of $43.58, indicating a potential upside of 26.29%. Given Global-E Online’s higher probable upside, equities analysts clearly believe Global-E Online is more favorable than iCoreConnect.

Risk & Volatility

Global-E Online has a beta of 1.1, meaning that its share price is 10% more volatile than the S&P 500. Comparatively, iCoreConnect has a beta of 0.59, meaning that its share price is 41% less volatile than the S&P 500.

Valuation and Earnings

This table compares Global-E Online and iCoreConnect’s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Global-E Online	$569.95 million	9.95	-$133.80 million	($0.74)	-46.63
iCoreConnect	$8.15 million	0.89	-$15.55 million	N/A	N/A

iCoreConnect has lower revenue, but higher earnings than Global-E Online.

Profitability

This table compares Global-E Online and iCoreConnect’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Global-E Online	-20.52%	-18.05%	-14.33%
iCoreConnect	N/A	-425.67%	-45.81%

Insider and Institutional Ownership

94.6% of Global-E Online shares are held by institutional investors. Comparatively, 13.4% of iCoreConnect shares are held by institutional investors. 11.6% of Global-E Online shares are held by company insiders. Comparatively, 20.0% of iCoreConnect shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Global-E Online beats iCoreConnect on 8 of the 11 factors compared between the two stocks.

About Global-E Online

Global-E Online Ltd., together with its subsidiaries, provides a platform to enable and accelerate direct-to-consumer cross-border e-commerce in Israel, the United Kingdom, the United States, and internationally. Its platform enables international shoppers to buy online and merchants to sell from, and to, worldwide. The company was incorporated in 2013 and is headquartered in Petah Tikva, Israel.

About iCoreConnect

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.