Reviewing Castlight Health (CSLT) and Carbonite (CARB)
Castlight Health (NASDAQ: CARB) and Carbonite (NASDAQ:CARB) are both small-cap computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their risk, dividends, profitability, valuation, institutional ownership, analyst recommendations and earnings.
This table compares Castlight Health and Carbonite’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
This is a breakdown of current ratings for Castlight Health and Carbonite, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Castlight Health currently has a consensus target price of $5.70, suggesting a potential upside of 93.22%. Carbonite has a consensus target price of $36.44, suggesting a potential downside of 12.81%. Given Castlight Health’s higher probable upside, equities research analysts clearly believe Castlight Health is more favorable than Carbonite.
Insider & Institutional Ownership
49.9% of Castlight Health shares are owned by institutional investors. Comparatively, 85.1% of Carbonite shares are owned by institutional investors. 22.6% of Castlight Health shares are owned by insiders. Comparatively, 9.8% of Carbonite shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Volatility and Risk
Castlight Health has a beta of 1.19, meaning that its stock price is 19% more volatile than the S&P 500. Comparatively, Carbonite has a beta of 0.27, meaning that its stock price is 73% less volatile than the S&P 500.
Earnings and Valuation
This table compares Castlight Health and Carbonite’s revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Castlight Health||$131.43 million||3.09||-$55.57 million||($0.26)||-11.35|
|Carbonite||$239.46 million||5.87||-$4.00 million||$0.50||83.60|
Carbonite has higher revenue and earnings than Castlight Health. Castlight Health is trading at a lower price-to-earnings ratio than Carbonite, indicating that it is currently the more affordable of the two stocks.
Carbonite beats Castlight Health on 10 of the 13 factors compared between the two stocks.
About Castlight Health
Castlight Health, Inc. provides a software-as-a-service platform used for health benefits navigation for employees in the United States. Its platform matches employees to the resources their employers make available to them; managing a condition; and assists them to manage their benefits. The company also offers communication and testing, implementation, and user customer support services. It serves customers in a range of industries, including education, manufacturing, retail, technology, and government. The company was formerly known as Ventana Health Services and changed its name to Castlight Health, Inc. in April 2010. Castlight Health, Inc. was founded in 2008 and is headquartered in San Francisco, California.
Carbonite, Inc., together with its subsidiaries, provides backup, disaster recovery, high availability, and workload migration technology solutions in the United States. Its solutions include Carbonite Safe that offers annual and multi-year cloud backup plans for individuals or businesses; and Carbonite Endpoint Protection that protects the data, which resides on an organization's computers, laptops, tablets, and smartphones. The company's solutions also comprise Carbonite Hybrid Backup, which protects a customer's data footprint on-premise and in the cloud and enables recovery while version history stored in the cloud safeguards against disaster; Carbonite Cloud Backup that automatically backs up data to the cloud and keeps physical and virtual systems protected with point-in-time restore; and Carbonite Onsite Backup, a flexible data protection solution, which backs up and replicates data securely across a customer's own private network. In addition, it offers Carbonite Availability that keeps critical business systems available on Windows and Linux servers; Carbonite Recover, a disaster recovery-as-a-service solution that securely replicates critical systems from a customer's primary environment to the cloud; Carbonite Migrate, which migrates physical, virtual, and cloud workloads to and from any environment with minimal risk and near-zero downtime; and Carbonite Email Archiving that provides MailStore offerings designed to meet the specific email archiving needs of customers in terms of performance, stability, functionality, and simplicity. The company provides its solutions through distributors, value-added resellers, managed service providers, and global systems integrators. Carbonite, Inc. was founded in 2005 and is headquartered in Boston, Massachusetts.
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