CODA vs. IPAX, MIND, TNAV, FLIR, NOC, LHX, GRMN, TDY, NXT, and DRS
Should you be buying Coda Octopus Group stock or one of its competitors? The main competitors of Coda Octopus Group include Inflection Point Acquisition (IPAX), MIND Technology (MIND), Telenav (TNAV), Teledyne FLIR (FLIR), Northrop Grumman (NOC), L3Harris Technologies (LHX), Garmin (GRMN), Teledyne Technologies (TDY), Nextracker (NXT), and Leonardo DRS (DRS).
Inflection Point Acquisition (NASDAQ:IPAX) and Coda Octopus Group (NASDAQ:CODA) are both small-cap industrial products companies, but which is the superior investment? We will compare the two companies based on the strength of their community ranking, analyst recommendations, media sentiment, earnings, institutional ownership, valuation, profitability, risk and dividends.
94.7% of Inflection Point Acquisition shares are held by institutional investors. Comparatively, 20.1% of Coda Octopus Group shares are held by institutional investors. 31.1% of Coda Octopus Group 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.
Inflection Point Acquisition has a beta of 0.01, meaning that its stock price is 99% less volatile than the S&P 500. Comparatively, Coda Octopus Group has a beta of 0.71, meaning that its stock price is 29% less volatile than the S&P 500.
Coda Octopus Group has higher revenue and earnings than Inflection Point Acquisition.
Coda Octopus Group received 147 more outperform votes than Inflection Point Acquisition when rated by MarketBeat users. However, 100.00% of users gave Inflection Point Acquisition an outperform vote while only 62.08% of users gave Coda Octopus Group an outperform vote.
Coda Octopus Group has a consensus price target of $10.00, suggesting a potential upside of 51.98%. Given Inflection Point Acquisition's higher possible upside, analysts clearly believe Coda Octopus Group is more favorable than Inflection Point Acquisition.
Coda Octopus Group has a net margin of 12.94% compared to Coda Octopus Group's net margin of 0.00%. Inflection Point Acquisition's return on equity of 4.79% beat Coda Octopus Group's return on equity.
In the previous week, Coda Octopus Group had 1 more articles in the media than Inflection Point Acquisition. MarketBeat recorded 1 mentions for Coda Octopus Group and 0 mentions for Inflection Point Acquisition. Coda Octopus Group's average media sentiment score of 0.00 equaled Inflection Point Acquisition'saverage media sentiment score.
Summary
Coda Octopus Group beats Inflection Point Acquisition on 11 of the 13 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CODA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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