CareCloud (NASDAQ:CCLD – Get Free Report) and Backblaze (NASDAQ:BLZE – Get Free Report) are both small-cap medical companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, profitability, dividends, valuation, analyst recommendations, risk and earnings.
Institutional and Insider Ownership
10.2% of CareCloud shares are held by institutional investors. Comparatively, 54.0% of Backblaze shares are held by institutional investors. 34.4% of CareCloud shares are held by insiders. Comparatively, 27.1% of Backblaze shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Profitability
This table compares CareCloud and Backblaze’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| CareCloud | -41.58% | -60.57% | -42.18% |
| Backblaze | -57.70% | -101.48% | -39.91% |
Earnings and Valuation
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| CareCloud | $117.06 million | 0.16 | -$48.67 million | ($4.07) | -0.29 |
| Backblaze | $102.02 million | 3.65 | -$58.86 million | ($1.65) | -6.00 |
CareCloud has higher revenue and earnings than Backblaze. Backblaze is trading at a lower price-to-earnings ratio than CareCloud, indicating that it is currently the more affordable of the two stocks.
Risk and Volatility
CareCloud has a beta of 1.12, meaning that its stock price is 12% more volatile than the S&P 500. Comparatively, Backblaze has a beta of 1.22, meaning that its stock price is 22% more volatile than the S&P 500.
Analyst Recommendations
This is a summary of recent recommendations and price targets for CareCloud and Backblaze, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| CareCloud | 0 | 2 | 2 | 0 | 2.50 |
| Backblaze | 0 | 0 | 4 | 0 | 3.00 |
CareCloud presently has a consensus price target of $3.17, suggesting a potential upside of 172.99%. Backblaze has a consensus price target of $13.50, suggesting a potential upside of 36.36%. Given CareCloud’s higher probable upside, equities analysts clearly believe CareCloud is more favorable than Backblaze.
About CareCloud
CareCloud, Inc., a healthcare information technology (IT) company, provides a suite of cloud-based solutions and related business services to healthcare providers and hospitals primarily in the United States. It operates in two segments, Healthcare IT and Medical Practice Management. The company's portfolio of proprietary software and business services includes technology-enabled business solutions; cloud-based software; digital health services; healthcare IT professional services and staffing; and medical practice management services. Its technology-enabled business solutions comprise revenue cycle management services, healthcare claims clearinghouse, and medical coding and credentialing services; electronic health records, practice management software and related capabilities, patient experience management solutions, business intelligence and healthcare analytics platforms, and customized applications, interfaces, and various other technology solutions, as well as artificial intelligence, such as CareCloud cirrusAI, AI-powered clinical decision support, AI-powered virtual support assistant, AI-driven appeals, and CareCloud cirrusAI. In addition, the company provides chronic care management, remote patient monitoring, and telemedicine solutions; and professional and consulting services, workforce augmentation and on-demand staffing, and strategic advisory services. Further, it offers medical practice management services to medical practices comprising appropriate facilities, equipment, supplies, support services, nurses, and administrative support staff, as well as management, bill-paying, and financial advisory services. It serves physicians, nurses, nurse practitioners, physician assistants, and other clinicians that render bills for their services. The company was formerly known as MTBC, Inc. and changed its name to CareCloud, Inc. in March 2021. CareCloud, Inc. was founded in 1999 and is headquartered in Somerset, New Jersey.
About Backblaze
Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. This service is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases, such as public, hybrid, and multi-cloud data storage; application development and DevOps; content delivery and edge computing; security and ransomware protection; media management; backup, archive, and tape replacement; repository for analytics, artificial intelligence and machine learning; and Internet of Things. In addition, the company offers Backblaze Computer Backup that automatically backs up data from laptops and desktops for businesses and individuals, which provides a subscription-based Software-as-a-Service and serves use cases, including computer backup, ransomware protection, theft and loss protection, and remote access. It serves the public cloud IaaS storage and Data-Protection-as-a-Service markets. The company was incorporated in 2007 and is headquartered in San Mateo, California.
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