Should I buy or sell Coda Octopus Group stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Coda Octopus Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CODA shares. View CODA analyst ratings or view top-rated stocks .

What is Coda Octopus Group's stock price target for 2024?

1 brokers have issued 1-year price objectives for Coda Octopus Group's stock. Their CODA share price targets range from $10.00 to $10.00. On average, they predict the company's stock price to reach $10.00 in the next twelve months. This suggests a possible upside of 65.0% from the stock's current price. View analysts price targets for CODA or view top-rated stocks among Wall Street analysts .

How have CODA shares performed in 2024?

Coda Octopus Group's stock was trading at $6.02 at the beginning of the year. Since then, CODA shares have increased by 0.7% and is now trading at $6.06. View the best growth stocks for 2024 here .

When is Coda Octopus Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 12th 2024. View our CODA earnings forecast .

How were Coda Octopus Group's earnings last quarter?

Coda Octopus Group, Inc. (NASDAQ:CODA) issued its quarterly earnings data on Monday, March, 18th. The company reported $0.01 earnings per share for the quarter. The business earned $4.46 million during the quarter. Coda Octopus Group had a net margin of 12.94% and a trailing twelve-month return on equity of 4.79%.

What other stocks do shareholders of Coda Octopus Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Coda Octopus Group investors own include B2Gold (BTG) , Intel (INTC) , Bristol-Myers Squibb (BMY) , Micron Technology (MU) , Xilinx (XLNX) , Gates Industrial (GTES) , NVIDIA (NVDA) , Advanced Micro Devices (AMD) , Digital Turbine (APPS) and Enphase Energy (ENPH) .

Who are Coda Octopus Group's major shareholders?

Coda Octopus Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Touchstone Capital Inc. (4.86%). Insiders that own company stock include Annmarie Gayle, Blair Graeme Cunningham , G Tyler Runnels, John Steven Emerson, Michael Midgley and Niels Sondergaard . View institutional ownership trends .

How do I buy shares of Coda Octopus Group?

Shares of CODA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:CODA

Coda Octopus Group (CODA) Stock Price, News & Analysis

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$6.06

+0.06 (+1.00%)

(As of 03:24 PM ET)

Compare

Today's Range: $6.00
▼
$6.16
50-Day Range: $5.50
▼
$6.52
52-Week Range: $5.21
▼
$11.09

Volume: 11,189 shs
Average Volume: 27,656 shs
Market Capitalization: $67.69 million

P/E Ratio: 28.86
Dividend Yield: N/A
Price Target: $10.00

Get Coda Octopus Group alerts:

Coda Octopus Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 65.0% Upside
$10.00 Price Target
Short Interest: Healthy
2.38% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.07
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.47 out of 5 stars

Computer And Technology Sector

356th out of 582 stocks

Search & Navigation Equipment Industry

8th out of 11 stocks

3.5

Analyst's Opinion

Consensus Rating
Coda Octopus Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Coda Octopus Group has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.38% of the float of Coda Octopus Group has been sold short.
Short Interest Ratio / Days to Cover
Coda Octopus Group has a short interest ratio ("days to cover") of 4.5.
Change versus previous month
Short interest in Coda Octopus Group has recently decreased by 1.35%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Coda Octopus Group does not currently pay a dividend.
Dividend Growth
Coda Octopus Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CODA.

1.7

News and Social Media Coverage

News Sentiment
Coda Octopus Group has a news sentiment score of 0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Coda Octopus Group this week, compared to 1 article on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Coda Octopus Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
31.10% of the stock of Coda Octopus Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 20.12% of the stock of Coda Octopus Group is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Coda Octopus Group is 28.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Coda Octopus Group is 28.86, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 235.88.
Price to Book Value per Share Ratio
Coda Octopus Group has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Coda Octopus Group Stock (NASDAQ:CODA)

Coda Octopus Group, Inc., together with its subsidiaries, develops, sells, and rentals underwater technologies and equipment for real time 3D imaging, mapping, defense, and survey applications in the Americas, Europe, Australia, Asia, the Middle East, and Africa. The company operates through two segments, Marine Engineering Business and Marine Technology Business. The company's solutions include geophysical systems; GNSS-aided navigation systems (attitude and positioning systems); real time volumetric imaging sonar products; and diver augmented vision display systems. It also offers GeoSurvey, a software and hardware package for acquisition and processing of sidescan sonar and sub-bottom profiler data in oil and gas companies; DA4G, a geophysical hardware; and Survey Engine, a software product that provides post-processing solutions for sidescan sonar and sub-bottom profiler data. In addition, the company offers 3D/4D/5D/6D imaging sonar technology under the Echoscope and Echoscope PIPE name; diving technology under the CodaOctopus DAVD; and operates as a sub-contractor for defense contractors, as well as supplies sub-assemblies for broader mission critical defense systems. It markets and sells its technology solutions for the subsea and underwater markets. Coda Octopus Group, Inc. was founded in 1994 and is headquartered in Orlando, Florida.

CODA Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CODA Stock News Headlines

April 17, 2024 | investing.com

Coda Octopus Group expands Board with an industry veteran

April 15, 2024 | globenewswire.com

Coda Octopus Group Appoints Gwenael Rouy Poirier to its Board of Directors

April 19, 2024 | Stansberry Research (Ad)

Strange new buyer driving up gold

One Wall Street trader just made a big new gold prediction: "Pay attention to physical demand for gold... the interest seen over the last week has been unprecedented."

April 10, 2024 | msn.com

Haunting sonar images show Baltimore bridge wreckage at bottom of channel

April 10, 2024 | msn.com

NCHA Hosts Annual Super Stakes Event in Cowtown

April 5, 2024 | msn.com

3D Sonar Images of Baltimore’s Key Bridge Reveal the Underwater Wreckage in Detail

April 4, 2024 | msn.com

Baltimore Key Bridge collapse updates: New dive video around wreckage revealed as crew remain stuck on Dali

April 3, 2024 | msn.com

Baltimore Key Bridge collapse updates: Second temporary channel opens as new underwater images released

April 19, 2024 | Stansberry Research (Ad)

Strange new buyer driving up gold

One Wall Street trader just made a big new gold prediction: "Pay attention to physical demand for gold... the interest seen over the last week has been unprecedented."

April 3, 2024 | msn.com

Maryland divers guided by sonar due to extreme poor visibility in Key Bridge repair: Like a 'snowstorm'

April 2, 2024 | msn.com

Baltimore Key Bridge collapse latest: New images capture wreckage underwater as temporary channel opens

April 2, 2024 | msn.com

New Baltimore bridge collapse images emerge of wreckage at bottom of river

April 2, 2024 | finance.yahoo.com

Shareholders in Coda Octopus Group (NASDAQ:CODA) are in the red if they invested five years ago

April 2, 2024 | globenewswire.com

Coda Octopus Group Reports that its Echoscope® Technology used as the Primary Survey Tool in the Francis Scott Key Bridge ongoing salvage operations.

March 20, 2024 | wsj.com

Coda Octopus Group Inc.

March 20, 2024 | finance.yahoo.com

Coda Octopus Group, Inc. (NASDAQ:CODA) Q1 2024 Earnings Call Transcript

March 20, 2024 | seekingalpha.com

Coda Octopus Group, Inc. (CODA) Q1 2024 Earnings Call Transcript

March 19, 2024 | finance.yahoo.com

Q1 2024 Coda Octopus Group Inc Earnings Call

March 18, 2024 | finanznachrichten.de

Coda Octopus Group, Inc.: Coda Octopus Group Reports Fiscal First Quarter 2024 Financial Results

March 18, 2024 | investorplace.com

CODA Stock Earnings: Coda Octopus Group Beats EPS, Beats Revenue for Q1 2024

March 18, 2024 | msn.com

Coda Octopus reports Q1 results

March 18, 2024 | globenewswire.com

Coda Octopus Group Reports Fiscal First Quarter 2024 Financial Results

March 17, 2024 | markets.businessinsider.com

Coda Octopus Group earnings: here's what Wall Street expects

March 16, 2024 | msn.com

Octopus Energy customers say 'who knew' after realising 'it's free'

March 16, 2024 | msn.com

Octopus Energy customers say 'who knew' as they can claim 'free' Greggs food

March 15, 2024 | benzinga.com

Coda Octopus Group's Earnings: A Preview

March 15, 2024 | msn.com

Octopus tells energy customers to act before Sunday and says 'last chance'

See More Headlines

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Company Calendar

Last Earnings: 3/18/2024
Today: 4/19/2024
Next Earnings (Estimated): 6/12/2024
Fiscal Year End: 10/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Search & navigation equipment
Sub-Industry: N/A
Current Symbol: NASDAQ:CODA
Previous Symbol: OTCMKTS:CDOC
CUSIP: N/A
CIK: 1334325
Web: www.codaoctopusgroup.com
Phone: (407) 735-2406
Fax: 801-973-9285
Employees: 83
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $10.00
High Stock Price Target: $10.00
Low Stock Price Target: $10.00
Potential Upside/Downside: +66.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.21
Trailing P/E Ratio: 28.57
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $3.12 million
Net Margins: 12.94%
Pretax Margin: 15.60%
Return on Equity: 4.79%
Return on Assets: 4.54%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 15.54
Quick Ratio: 10.90

Sales & Book Value

Annual Sales: $19.35 million
Price / Sales: 3.46
Cash Flow: $0.34 per share
Price / Cash Flow: 17.83
Book Value: $4.36 per share
Price / Book: 1.38

Miscellaneous

Outstanding Shares: 11,170,000
Free Float: 7,698,000
Market Cap: $67.02 million
Optionable: Not Optionable
Beta: 1.02

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Key Executives

Ms. Annmarie Gayle LL.B (Age 57)
LLM, CEO & Chairman
Comp: $405k
Ms. Gayle Jardine (Age 53)
Interim Chief Financial Officer
Comp: $247.13k
Mr. Blair Cunningham (Age 55)
President of Technology
Comp: $276.85k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CODA Stock Analysis - Frequently Asked Questions

Should I buy or sell Coda Octopus Group stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Coda Octopus Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CODA shares.
View CODA analyst ratings or view top-rated stocks.
What is Coda Octopus Group's stock price target for 2024?: 1 brokers have issued 1-year price objectives for Coda Octopus Group's stock. Their CODA share price targets range from $10.00 to $10.00. On average, they predict the company's stock price to reach $10.00 in the next twelve months. This suggests a possible upside of 65.0% from the stock's current price.
View analysts price targets for CODA or view top-rated stocks among Wall Street analysts.
How have CODA shares performed in 2024?: Coda Octopus Group's stock was trading at $6.02 at the beginning of the year. Since then, CODA shares have increased by 0.7% and is now trading at $6.06.
View the best growth stocks for 2024 here.
When is Coda Octopus Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 12th 2024.
View our CODA earnings forecast.

How were Coda Octopus Group's earnings last quarter?: Coda Octopus Group, Inc. (NASDAQ:CODA) issued its quarterly earnings data on Monday, March, 18th. The company reported $0.01 earnings per share for the quarter. The business earned $4.46 million during the quarter. Coda Octopus Group had a net margin of 12.94% and a trailing twelve-month return on equity of 4.79%.
What other stocks do shareholders of Coda Octopus Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Coda Octopus Group investors own include B2Gold (BTG), Intel (INTC), Bristol-Myers Squibb (BMY), Micron Technology (MU), Xilinx (XLNX), Gates Industrial (GTES), NVIDIA (NVDA), Advanced Micro Devices (AMD), Digital Turbine (APPS) and Enphase Energy (ENPH).
Who are Coda Octopus Group's major shareholders?: Coda Octopus Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Touchstone Capital Inc. (4.86%). Insiders that own company stock include Annmarie Gayle, Blair Graeme Cunningham, G Tyler Runnels, John Steven Emerson, Michael Midgley and Niels Sondergaard.
View institutional ownership trends.
How do I buy shares of Coda Octopus Group?: Shares of CODA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CODA) was last updated on 4/19/2024 by MarketBeat.com Staff

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Coda Octopus Group (CODA) Stock Price, News & Analysis

Coda Octopus Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Coda Octopus Group Stock (NASDAQ:CODA)

CODA Stock Price History

CODA Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CODA Stock Analysis - Frequently Asked Questions

Overall MarketRank^™