CODA vs. SPRU, SURG, STCN, AILE, GSIT, SOTK, MOBX, GCTS, LITB, and VUZI
Should you be buying Coda Octopus Group stock or one of its competitors? The main competitors of Coda Octopus Group include Spruce Power (SPRU), SurgePays (SURG), Steel Connect (STCN), iLearningEngines (AILE), GSI Technology (GSIT), Sono-Tek (SOTK), Mobix Labs (MOBX), GCT Semiconductor (GCTS), LightInTheBox (LITB), and Vuzix (VUZI). These companies are all part of the "computer and technology" sector.
Coda Octopus Group (NASDAQ:CODA) and Spruce Power (NYSE:SPRU) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, analyst recommendations, community ranking, media sentiment, institutional ownership, risk, valuation, profitability and dividends.
Coda Octopus Group has a beta of 0.86, indicating that its share price is 14% less volatile than the S&P 500. Comparatively, Spruce Power has a beta of 1.25, indicating that its share price is 25% more volatile than the S&P 500.
Coda Octopus Group received 149 more outperform votes than Spruce Power when rated by MarketBeat users.
In the previous week, Spruce Power had 2 more articles in the media than Coda Octopus Group. MarketBeat recorded 5 mentions for Spruce Power and 3 mentions for Coda Octopus Group. Coda Octopus Group's average media sentiment score of 1.89 beat Spruce Power's score of 0.21 indicating that Coda Octopus Group is being referred to more favorably in the media.
Coda Octopus Group currently has a consensus price target of $10.00, indicating a potential upside of 47.06%. Given Coda Octopus Group's higher probable upside, research analysts clearly believe Coda Octopus Group is more favorable than Spruce Power.
20.1% of Coda Octopus Group shares are held by institutional investors. Comparatively, 20.8% of Spruce Power shares are held by institutional investors. 31.1% of Coda Octopus Group shares are held by insiders. Comparatively, 9.5% of Spruce Power shares are held 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.
Coda Octopus Group has a net margin of 12.94% compared to Spruce Power's net margin of -82.70%. Coda Octopus Group's return on equity of 4.79% beat Spruce Power's return on equity.
Coda Octopus Group has higher earnings, but lower revenue than Spruce Power. Spruce Power is trading at a lower price-to-earnings ratio than Coda Octopus Group, indicating that it is currently the more affordable of the two stocks.
Summary
Coda Octopus Group beats Spruce Power on 12 of the 16 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.
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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