NASDAQ:CODA Coda Octopus Group (CODA) Stock Forecast, Price & News $6.16 -0.04 (-0.65%) (As of 10/2/2023 ET) Add Compare Share Share Today's Range$6.01▼$6.4550-Day Range$5.85▼$9.0052-Week Range$5.35▼$11.09Volume29,520 shsAverage Volume29,029 shsMarket Capitalization$68.50 millionP/E Ratio17.11Dividend YieldN/APrice Target$10.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Coda Octopus Group MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside62.3% Upside$10.00 Price TargetShort InterestHealthy3.32% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.88Based on 8 Articles This WeekInsider TradingAcquiring Shares$1 M Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.51 out of 5 starsComputer And Technology Sector190th out of 611 stocksSearch & Navigation Equipment Industry5th out of 11 stocks 3.5 Analyst's Opinion Consensus RatingCoda 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.00, Coda Octopus Group has a forecasted upside of 62.3% from its current price of $6.16.Amount of Analyst CoverageCoda Octopus Group has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.32% of the float of Coda Octopus Group has been sold short.Short Interest Ratio / Days to CoverCoda Octopus Group has a short interest ratio ("days to cover") of 7.6.Change versus previous monthShort interest in Coda Octopus Group has recently decreased by 3.45%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldCoda Octopus Group does not currently pay a dividend.Dividend GrowthCoda Octopus Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CODA. Previous Next 3.3 News and Social Media Coverage News SentimentCoda Octopus Group has a news sentiment score of 0.88. 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 higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Coda Octopus Group this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for CODA on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat Follows1 people have added Coda Octopus Group to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Coda Octopus Group insiders have bought 14.89% more of their company's stock than they have sold. Specifically, they have bought $1,004,477.00 in company stock and sold $874,314.00 in company stock.Percentage Held by Insiders31.10% 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 InstitutionsOnly 20.20% of the stock of Coda Octopus Group is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Coda Octopus Group is 17.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Coda Octopus Group is 17.11, 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 242.57.Price to Book Value per Share RatioCoda Octopus Group has a P/B Ratio of 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Coda Octopus Group (NASDAQ:CODA) StockCoda 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 United States of America and internationally. The company operates through two segments, Marine Engineering Business and Marine Technology Business. It sells technology solutions to the subsea and underwater markets. The company's solutions include geophysical systems, a geophysical data acquisition systems, processing, and analysis software that are used primarily by survey companies, offshore renewable companies, research institutions, and salvage companies; GNSS-aided navigation systems (attitude and positioning systems); Real time volumetric imaging sonar; and diver augmented vision display system. It offers CodaOctopus GeoSurvey products, such as hardware and software solutions for field acquisition of sidescan sonar and sub-bottom profiler; and CodaOctopus DA4G productivity suite of software that automates the tasks of analyzing, annotating, and mosaicing complex data sets. It markets its products under the CodaOctopus brand name. Coda Octopus Group, Inc. was founded in 1994 and is headquartered in Orlando, Florida.Read More CODA Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CODA Stock News HeadlinesOctober 1, 2023 | americanbankingnews.comCoda Octopus Group, Inc. (NASDAQ:CODA) CEO Acquires $99,977.40 in StockOctober 1, 2023 | americanbankingnews.comJohn Steven Emerson Purchases 150,000 Shares of Coda Octopus Group, Inc. (NASDAQ:CODA) StockOctober 2, 2023 | Porter and Company (Ad)Public Service Announcement: New National Emergency IncomingAmericans urged to share this new documentary with their friends and family before this looming event triggers a new national crisis… October 1, 2023 | americanbankingnews.comG Tyler Runnels Sells 144,994 Shares of Coda Octopus Group, Inc. (NASDAQ:CODA) StockSeptember 26, 2023 | finance.yahoo.com7 A-Rated Industrial Stocks to Buy for HUGE ReturnsSeptember 18, 2023 | finance.yahoo.comThis Coda Octopus Group, Inc. (NASDAQ:CODA) Analyst Is Way More Bearish Than They Used To BeSeptember 14, 2023 | finance.yahoo.comQ3 2023 Coda Octopus Group Inc Earnings CallSeptember 14, 2023 | msn.comAlliance Global Partners Maintains Coda Octopus Group (CODA) Buy RecommendationOctober 2, 2023 | Porter and Company (Ad)Public Service Announcement: New National Emergency IncomingAmericans urged to share this new documentary with their friends and family before this looming event triggers a new national crisis… September 13, 2023 | finance.yahoo.comCoda Octopus Group Reports Fiscal Third Quarter 2023 Financial ResultsSeptember 12, 2023 | benzinga.comA Preview Of Coda Octopus Group's EarningsSeptember 12, 2023 | markets.businessinsider.comWhat Wall Street expects from Coda Octopus Group's earningsSeptember 6, 2023 | finance.yahoo.comWhy We Think Coda Octopus Group, Inc.'s (NASDAQ:CODA) CEO Compensation Is Not Excessive At AllAugust 30, 2023 | finance.yahoo.comCoda Octopus Group Sets Fiscal Year 2023 Third Quarter Earnings Conference Call for Wednesday, September 13, 2023 at 10 a.m. Eastern TimeJune 29, 2023 | finance.yahoo.comCoda Octopus Group Restructures its Board of Directors and Appoints Brigadier General Anthony J. Tata (Ret.) and Robert Harcourt to its Board of DirectorsJune 22, 2023 | seekingalpha.comCoda Octopus: Valuation Is Now Reasonable, But Growth Remains A ConcernJune 15, 2023 | finance.yahoo.comQ2 2023 Coda Octopus Group Inc Earnings CallJune 14, 2023 | marketwatch.comCoda Octopus Group Shares Lower Following 2Q Earnings ReportJune 14, 2023 | finanznachrichten.deCoda Octopus Group, Inc.: Coda Octopus Group Reports Fiscal Second Quarter 2023 Financial ResultsJune 14, 2023 | msn.comRecap: Coda Octopus Group Q2 EarningsJune 14, 2023 | finance.yahoo.comCoda Octopus Group Reports Fiscal Second Quarter 2023 Financial ResultsJune 13, 2023 | msn.comEarnings Outlook For Coda Octopus GroupJune 13, 2023 | markets.businessinsider.comCoda Octopus Group earnings: here's what to expectJune 8, 2023 | finance.yahoo.comWith 46% ownership in Coda Octopus Group, Inc. (NASDAQ:CODA), insiders continue to have the largest holding even though they have sold shares recentlyMay 31, 2023 | msn.comCoda Octopus: Still Quite AttractiveMay 31, 2023 | finance.yahoo.comCoda Octopus Group Sets Fiscal Year 2023 Second Quarter Earnings Conference Call for Wednesday, June 14, 2023 at 10 a.m. Eastern TimeMay 11, 2023 | finance.yahoo.comCoda Octopus Group (NASDAQ:CODA) shareholders have earned a 17% CAGR over the last five yearsSee More Headlines Receive CODA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Coda Octopus Group and its competitors with MarketBeat's FREE daily newsletter. Email Address CODA Company Calendar Last Earnings9/13/2023Today10/02/2023Fiscal Year End10/31/2023Next Earnings (Estimated)1/29/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Search & navigation equipment Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:CODA Previous SymbolOTCMKTS:CDOC CUSIPN/A CIK1334325 Webwww.codaoctopusgroup.com Phone(407) 735-2406Fax801-973-9285Employees83Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.00 High Stock Price Forecast$10.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+62.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.36 Trailing P/E Ratio17.11 Forward P/E RatioN/A P/E GrowthN/ANet Income$4.30 million Net Margins19.83% Pretax Margin22.07% Return on Equity8.82% Return on Assets8.29% Debt Debt-to-Equity RatioN/A Current Ratio20.94 Quick Ratio15.09 Sales & Book Value Annual Sales$22.23 million Price / Sales3.08 Cash Flow$0.46 per share Price / Cash Flow13.36 Book Value$4.00 per share Price / Book1.54Miscellaneous Outstanding Shares11,120,000Free Float7,660,000Market Cap$68.50 million OptionableNot Optionable Beta1.07 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMs. Annmarie Gayle LL.B (Age 56)LLM, CEO & Chairman Comp: $405kMr. Blair Cunningham (Age 54)Pres of Technology Comp: $247.77kMr. Kevin J. Kane B.Sc. (Age 57)M.B.A., Chief Exec. Officer of Coda Octopus Colmek Inc. Comp: $219.6kMs. Gayle Jardine (Age 53)Interim Chief Financial Officer Key CompetitorsSteel ConnectNASDAQ:STCNGSI TechnologyNASDAQ:GSITSurgePaysNASDAQ:SURGNano LabsNASDAQ:NADZSNASDAQ:DZSIView All CompetitorsInsiders & InstitutionsAnnmarie GayleBought 16,580 shares on 9/28/2023Total: $99,977.40 ($6.03/share)G Tyler RunnelsSold 144,994 sharesTotal: $874,313.82 ($6.03/share)John Steven EmersonBought 150,000 shares on 9/27/2023Total: $904,500.00 ($6.03/share)Royal Bank of CanadaBought 9,040 shares on 8/15/2023Ownership: 0.081%Perritt Capital Management Inc.Sold 3,429 shares on 8/14/2023Ownership: 0.837%View All Insider TransactionsView All Institutional Transactions CODA Stock - 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 year. 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 forecast for 2023? 1 Wall Street analysts have issued twelve-month price objectives for Coda Octopus Group's shares. Their CODA share price forecasts range from $10.00 to $10.00. On average, they anticipate the company's share price to reach $10.00 in the next twelve months. This suggests a possible upside of 62.3% 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 2023? Coda Octopus Group's stock was trading at $6.86 at the beginning of 2023. Since then, CODA shares have decreased by 10.2% and is now trading at $6.16. View the best growth stocks for 2023 here. When is Coda Octopus Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, January 29th 2024. View our CODA earnings forecast. How were Coda Octopus Group's earnings last quarter? Coda Octopus Group, Inc. (NASDAQ:CODA) announced its earnings results on Wednesday, September, 13th. The company reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by $0.03. The firm earned $4.89 million during the quarter. Coda Octopus Group had a net margin of 19.83% and a trailing twelve-month return on equity of 8.82%. 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). What is Coda Octopus Group's stock symbol? Coda Octopus Group trades on the NASDAQ under the ticker symbol "CODA." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Coda Octopus Group's stock price today? One share of CODA stock can currently be purchased for approximately $6.16. How much money does Coda Octopus Group make? Coda Octopus Group (NASDAQ:CODA) has a market capitalization of $68.50 million and generates $22.23 million in revenue each year. The company earns $4.30 million in net income (profit) each year or $0.36 on an earnings per share basis. How can I contact Coda Octopus Group? Coda Octopus Group's mailing address is 3300 S HIAWASSEE RD. SUITE 104-105, ORLANDO FL, 32835. The official website for the company is www.codaoctopusgroup.com. The company can be reached via phone at (407) 735-2406, via email at info@mdcgroup.com, or via fax at 801-973-9285. This page (NASDAQ:CODA) was last updated on 10/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Coda Octopus Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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