Reviewing Paltalk (NASDAQ:PALT) & Eqonex (NASDAQ:EQOS)

Paltalk (NASDAQ:PALT) and Eqonex (NASDAQ:EQOS) are both business services companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, dividends, risk, earnings, profitability and valuation.

Valuation & Earnings

This table compares Paltalk and Eqonex”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Paltalk	$10.28 million	1.75	-$1.07 million	($0.09)	-21.67
Eqonex	$5.30 million	N/A	-$75.00 million	N/A	N/A

Paltalk has higher revenue and earnings than Eqonex.

Insider & Institutional Ownership

3.9% of Paltalk shares are held by institutional investors. 17.8% of Paltalk shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of recent ratings and price targets for Paltalk and Eqonex, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Paltalk	0	1	0	0	2.00
Eqonex	0	0	0	0	N/A

Paltalk currently has a consensus target price of $4.50, suggesting a potential upside of 130.77%. Given Paltalk’s higher possible upside, research analysts clearly believe Paltalk is more favorable than Eqonex.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Paltalk	-18.39%	-9.58%	-8.10%
Eqonex	N/A	N/A	N/A

Summary

Paltalk beats Eqonex on 5 of the 8 factors compared between the two stocks.

About Paltalk

Paltalk, Inc., together with its subsidiaries, develops communications software and multimedia social applications worldwide. It offers consumer applications, which include Paltalk, Camfrog, and Tinychat for live video chat; and owns and operates Vumber, a telecommunications services provider that enables users to have multiple phone numbers in any area code through which calls can be forwarded to a user’s existing cell phone or land line telephone number. The company provides ManyCam, a live streaming software and virtual camera that allows users to deliver professional live videos on streaming platforms, video conferencing applications, and distance learning tools; and product payment options, where users can pay by credit card, PayPal, western union, check, local e-wallet providers, or complete an in-app purchase through the Apple App Store or Google Play Store for Android users. The company was formerly known as PeerStream, Inc. and changed its name to Paltalk, Inc. in May 2020. Paltalk, Inc. was incorporated in 2005 and is based in Jericho, New York.

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.