Expensify (NASDAQ:EXFY) and Procore Technologies (NYSE:PCOR) Head-To-Head Comparison

Expensify (NASDAQ:EXFY) and Procore Technologies (NYSE:PCOR) are both technology companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, earnings, analyst recommendations, valuation, risk, dividends and institutional ownership.

Valuation & Earnings

This table compares Expensify and Procore Technologies”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Expensify	$138.10 million	1.29	-$21.39 million	($0.17)	-13.24
Procore Technologies	$1.42 billion	5.52	-$100.78 million	($0.26)	-198.85

Expensify has higher earnings, but lower revenue than Procore Technologies. Procore Technologies is trading at a lower price-to-earnings ratio than Expensify, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Expensify and Procore Technologies’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Expensify	-11.31%	-11.54%	-8.34%
Procore Technologies	-2.73%	0.71%	0.41%

Risk & Volatility

Expensify has a beta of 1.73, indicating that its share price is 73% more volatile than the S&P 500. Comparatively, Procore Technologies has a beta of 0.74, indicating that its share price is 26% less volatile than the S&P 500.

Insider and Institutional Ownership

68.4% of Expensify shares are held by institutional investors. Comparatively, 81.1% of Procore Technologies shares are held by institutional investors. 11.7% of Expensify shares are held by insiders. Comparatively, 16.8% of Procore Technologies 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 Recommendations

This is a breakdown of recent recommendations and price targets for Expensify and Procore Technologies, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Expensify	1	0	2	0	2.33
Procore Technologies	1	1	16	3	3.00

Expensify presently has a consensus price target of $3.00, suggesting a potential upside of 33.33%. Procore Technologies has a consensus price target of $70.18, suggesting a potential upside of 35.73%. Given Procore Technologies’ stronger consensus rating and higher possible upside, analysts clearly believe Procore Technologies is more favorable than Expensify.

Summary

Procore Technologies beats Expensify on 11 of the 15 factors compared between the two stocks.

About Expensify

Expensify, Inc. provides a cloud-based expense management software platform to individuals and corporations, small and midsized businesses, and enterprises in the United States and internationally. The company’s platform enables users to manage corporate cards, pay bills, generate invoices, collect payments, and book travel. It also offers track and submit plans for individuals. The company was founded in 2008 and is based in Portland, Oregon.

About Procore Technologies

Procore Technologies, Inc. engages in the provision of a cloud-based construction management platform and related software products in the United States and internationally. The company’s platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects. It offers Preconstruction that facilitates collaboration between internal and external stakeholders during the planning, budgeting, estimating, bidding, and partner selection phase of a construction project; and Project Execution, which enables real-time collaboration, information storage, design, BIM model clash detection, and regulation compliance for teams on the jobsite and in the back office. The company also provides Workforce Management, that helps contractors to schedule, track, and forecast labor productivity, enhance time management, communication with workforces, and manage profitability on construction projects; Financial Management, which provides customers with visibility into the financial health of their individual construction projects and portfolios, as well as facilitates untethered access to financial data, linking the field, and the office in real-time; and Construction Intelligence, that allows customers to capture, manage, and learn from data for project and portfolio reporting, analytics, and artificial intelligence-guided workflows, as well as to monitor projects and drive informed decision-making for business needs. It serves owners, general contractors, and specialty contractors operating in the commercial, residential, industrial, and infrastructure segments of the construction industry. The company allow users to access its products on computers, smartphones, and tablets through any web browser or from its mobile application available for iOS and Android platforms through its direct sales team. Procore Technologies, Inc. was incorporated in 2002 and is headquartered in Carpinteria, California.