Comparing SKYX Platforms (NASDAQ:SKYX) & CCSC Technology International (NASDAQ:CCTG)

SKYX Platforms (NASDAQ:SKYXGet Free Report) and CCSC Technology International (NASDAQ:CCTGGet Free Report) are both small-cap business services companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, institutional ownership, dividends, profitability, earnings and risk.

Profitability

This table compares SKYX Platforms and CCSC Technology International’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
SKYX Platforms -67.61% -260.83% -57.62%
CCSC Technology International N/A N/A N/A

Insider & Institutional Ownership

11.8% of SKYX Platforms shares are owned by institutional investors. 37.2% of SKYX Platforms shares are owned 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.

Earnings and Valuation

This table compares SKYX Platforms and CCSC Technology International’s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
SKYX Platforms $58.79 million 1.43 -$39.73 million ($0.46) -1.89
CCSC Technology International N/A N/A N/A N/A N/A

CCSC Technology International has lower revenue, but higher earnings than SKYX Platforms.

Analyst Ratings

This is a breakdown of current recommendations and price targets for SKYX Platforms and CCSC Technology International, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SKYX Platforms 0 0 2 0 3.00
CCSC Technology International 0 0 0 0 N/A

SKYX Platforms currently has a consensus target price of $5.00, indicating a potential upside of 474.45%. Given SKYX Platforms’ higher possible upside, equities analysts plainly believe SKYX Platforms is more favorable than CCSC Technology International.

Summary

SKYX Platforms beats CCSC Technology International on 5 of the 8 factors compared between the two stocks.

About SKYX Platforms

(Get Free Report)

SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company's first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling's electrical outlet box. It also provides universal power-plugs and receptacle products. In addition, it offers smart products, such as SkyHome App; sky smart universal power-plug and receptacle; sky-smart plug and play ceiling fans and lightings; and all-in-one smart sky platform. The company was formerly known as SQL Technologies Corp. and changed its name to SKYX Platforms Corp. in June 2022. SKYX Platforms Corp. was incorporated in 2004 and is based in Pompano Beach, Florida.

About CCSC Technology International

(Get Free Report)

CCSC Technology International Holdings Limited, through its subsidiaries, manufactures and sells interconnect products in Asia, Europe, and the Americas. It offers original equipment manufacturer and original design manufacture interconnect products, including connectors, cables, and wire harnesses used for a range of applications in various industries, such as industrial, automotive, robotics, medical equipment, computer, network and telecommunication, and consumer products. The company was founded in 1993 and is headquartered in Sha Tin, Hong Kong. CCSC Technology International Holdings Limited operates as a subsidiary of CCSC Investment Limited.

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