Critical Analysis: Eqonex (NASDAQ:EQOS) vs. HealthEquity (NASDAQ:HQY)

HealthEquity (NASDAQ:HQY) and Eqonex (NASDAQ:EQOS) are both medical companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, earnings, dividends, risk, analyst recommendations, valuation and institutional ownership.

Institutional & Insider Ownership

99.6% of HealthEquity shares are held by institutional investors. 2.2% of HealthEquity shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Analyst Recommendations

This is a breakdown of current ratings and price targets for HealthEquity and Eqonex, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
HealthEquity	0	1	13	0	2.93
Eqonex	0	0	0	0	0.00

HealthEquity currently has a consensus price target of $110.71, suggesting a potential upside of 16.06%. Given HealthEquity’s stronger consensus rating and higher probable upside, equities analysts plainly believe HealthEquity is more favorable than Eqonex.

Profitability

This table compares HealthEquity and Eqonex’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
HealthEquity	9.61%	9.01%	5.73%
Eqonex	N/A	N/A	N/A

Earnings and Valuation

This table compares HealthEquity and Eqonex”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
HealthEquity	$1.10 billion	7.58	$55.71 million	$1.20	79.49
Eqonex	$5.30 million	N/A	-$75.00 million	N/A	N/A

HealthEquity has higher revenue and earnings than Eqonex.

Summary

HealthEquity beats Eqonex on 10 of the 10 factors compared between the two stocks.

About HealthEquity

HealthEquity, Inc. provides technology-enabled services platforms to consumers and employers in the United States. The company offers cloud-based platforms for individuals to make health saving and spending decisions, pay healthcare bills, receive personalized benefit information, earn wellness incentives, grow their savings, and make investment choices; and health savings accounts. It also provides investment platform; and online-only automated investment advisory services through Advisor, a Web-based tool. In addition, the company offers flexible spending accounts; health reimbursement arrangements; and Consolidated Omnibus Budget Reconciliation Act continuation services, as well as administers pre-tax commuter benefit programs. It serves clients through a direct sales force; benefits brokers and advisors; and a network of health plans, benefits administrators, benefits brokers and consultants, and retirement plan record-keepers. HealthEquity, Inc. was incorporated in 2002 and is based in Draper, Utah.

About Eqonex

Eqonex Limited operates as a digital assets financial services company. It operates through three divisions: Custody, Asset Management, and Brokerage. The company provides Digivault, a custody solution; Bletchley Park, a digital asset investment solution for institutional and professional investors; and EQONEX Investment products that issues securitized products. It also operates an over-the-counter brokerage, and borrowing and lending services, as well as structured products. The company was formerly known as Diginex Limited and changed its name to Eqonex Limited in October 2021. Eqonex Limited is headquartered in Singapore.