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Coda Octopus Group (CODA) Competitors

$6.58
+0.09 (+1.39%)
(As of 06/7/2024 08:51 PM ET)

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).

Coda Octopus Group vs.

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Inflection Point AcquisitionN/AN/A-$320KN/AN/A
Coda Octopus Group$19.35M3.80$3.12M$0.2131.33

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.

CompanyUnderperformOutperform
Inflection Point AcquisitionOutperform Votes
2
100.00%
Underperform Votes
No Votes
Coda Octopus GroupOutperform Votes
149
62.08%
Underperform Votes
91
37.92%

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Inflection Point Acquisition
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Coda Octopus Group
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

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.

Company Net Margins Return on Equity Return on Assets
Inflection Point AcquisitionN/A -53.90% -0.36%
Coda Octopus Group 12.94%4.79%4.54%

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.

Company Overall Sentiment
Inflection Point Acquisition Neutral
Coda Octopus Group Neutral

Summary

Coda Octopus Group beats Inflection Point Acquisition on 11 of the 13 factors compared between the two stocks.

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New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

This 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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CODA vs. The Competition

MetricCoda Octopus GroupSearch & navigation equipment IndustryComputer SectorNASDAQ Exchange
Market Cap$73.52M$14.43B$22.40B$8.18B
Dividend YieldN/A1.92%2.74%4.05%
P/E Ratio31.3317.03218.1815.52
Price / Sales3.8037.95543.2772.51
Price / Cash19.2915.8530.9030.66
Price / Book1.5127.846.874.32
Net Income$3.12M$455.34M$635.47M$216.21M
7 Day Performance1.23%-0.68%-0.21%-1.44%
1 Month Performance-4.50%-2.37%0.19%-0.97%
1 Year Performance-34.53%12.60%12.66%4.10%

Coda Octopus Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IPAX
Inflection Point Acquisition
0 of 5 stars
$4.90
-0.8%
N/A-48.9%$201.97MN/A0.001Gap Up
High Trading Volume
MIND
MIND Technology
0 of 5 stars
$4.76
+9.2%
N/A-17.4%$6.71M$36.51M-1.82190Upcoming Earnings
Gap Up
High Trading Volume
TNAV
Telenav
0 of 5 stars
$4.79
flat
N/AN/A$229.92M$240.35M-239.50696
FLIR
Teledyne FLIR
0.3034 of 5 stars
$57.34
flat
N/A+0.0%$7.56B$1.89B54.614,179
NOC
Northrop Grumman
4.3352 of 5 stars
$442.79
-1.2%
$514.33
+16.2%
-3.1%$65.53B$39.29B30.96101,000Positive News
LHX
L3Harris Technologies
4.1816 of 5 stars
$223.63
-1.3%
$231.80
+3.7%
+17.7%$42.42B$19.42B36.3050,000Ex-Dividend
Insider Selling
News Coverage
GRMN
Garmin
3.8444 of 5 stars
$163.91
+0.5%
$156.83
-4.3%
+55.0%$31.48B$5.23B23.1219,900Analyst Upgrade
Insider Selling
TDY
Teledyne Technologies
3.8055 of 5 stars
$393.81
-0.4%
$470.83
+19.6%
-0.7%$18.66B$5.60B21.3014,900Positive News
NXT
Nextracker
3.3092 of 5 stars
$55.40
+3.0%
$58.52
+5.6%
+38.1%$7.56B$2.50B16.491,050Positive News
Gap Down
DRS
Leonardo DRS
0.7889 of 5 stars
$24.57
+3.9%
$25.25
+2.8%
+49.4%$6.47B$2.83B35.106,600Analyst Forecast

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This page (NASDAQ:CODA) was last updated on 6/10/2024 by MarketBeat.com Staff

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