Reviewing Weave Communications (NYSE:WEAV) & Augmedix (OTCMKTS:AUGX)

Augmedix (OTCMKTS:AUGX) and Weave Communications (NYSE:WEAV) are both small-cap healthcare companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, earnings, valuation, institutional ownership, analyst recommendations, dividends and risk.

Analyst Ratings

This is a breakdown of recent ratings for Augmedix and Weave Communications, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Augmedix	0	0	0	0	0.00
Weave Communications	1	4	3	0	2.25

Weave Communications has a consensus price target of $7.84, suggesting a potential upside of 7.32%. Given Weave Communications’ stronger consensus rating and higher probable upside, analysts plainly believe Weave Communications is more favorable than Augmedix.

Risk & Volatility

Augmedix has a beta of -0.22, suggesting that its share price is 122% less volatile than the S&P 500. Comparatively, Weave Communications has a beta of 1.67, suggesting that its share price is 67% more volatile than the S&P 500.

Profitability

This table compares Augmedix and Weave Communications’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Augmedix	-57.70%	-980.09%	-57.85%
Weave Communications	-7.97%	-21.14%	-8.41%

Institutional & Insider Ownership

87.1% of Augmedix shares are owned by institutional investors. Comparatively, 86.8% of Weave Communications shares are owned by institutional investors. 11.0% of Augmedix shares are owned by company insiders. Comparatively, 16.4% of Weave Communications shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Valuation & Earnings

This table compares Augmedix and Weave Communications”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Augmedix	$51.58 million	2.23	-$24.45 million	($0.43)	-5.47
Weave Communications	$239.02 million	2.44	-$28.05 million	($0.25)	-29.22

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

Summary

Weave Communications beats Augmedix on 11 of the 14 factors compared between the two stocks.

About Augmedix

Augmedix, Inc. provides remote medical documentation solutions and live clinical support services in the United States. Its platform offers Augmedix Live that provides synchronous medical note documentation and point of care support; Augmedix Go Assist that offers asynchronous medical documentation based upon previously recorded visits; Augmedix Prep that provides patient demographics, past medical history, medication changes and other points from the patient's health record; and Augmedix Go, an autonomous, ambient AI mobile software application that offers fully automated medical documentation based upon recorded visits. The company enables clinicians to access its applications through mobile devices, such as smartphones. It serves health systems and specialty groups. The company was founded in 2013 and is headquartered in San Francisco, California.

About Weave Communications

Weave Communications, Inc. provides a customer experience and payments software platform in the United States and Canada. Its platform enables small and medium-sized healthcare businesses to maximize the value of their patient interactions and minimize the time and effort spent on manual or mundane tasks. The company's products include Unified Phone Number; Customized Phone System, a smarter phone system to identify whether incoming calls are from new or current patients, provide information at every call, and manages heavy call times; Softphones to make and receive calls from anywhere with an internet connection; Text Messaging to communicate with patients; Missed Call Text to take action in real time upon notification of a missed call; Missed Text Auto-Reply; Team Chat, a group messaging solution that helps practitioners and their staff communicate with each other from their work stations; and Weave Mobile App; It also offers Weave Reviews and Respond Assistant to request, collect, monitor, and respond to reviews; Weave Email Marketing and Email Assistant; Text Connect to interact with their existing and potential patients online directly through their websites; Weave Payments, a payment processing solution; Practice Analytics provides real-time data on patient retention, appointment scheduling, treatment acceptance rates, and revenue generation; and Call Intelligence. In addition, the company provides Digital Forms to collect patient information; Insurance Verification that provides patient insurance plan details; and Scheduling to send automatic scheduling reminders through text message. It serves customers in dental, optometry, veterinary, medical, plastic surgery, physical therapy, medical spa, and other medical specialty industries. The company was formerly known as Recall Solutions, LLC and changed its name to Weave Communications, Inc. in October 2015. Weave Communications, Inc. was founded in 2008 and is headquartered in Lehi, Utah.