NASDAQ:CODA Coda Octopus Group - CODA Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $7.65 -0.31 (-3.89%) (As of 02/8/2023 12:00 AM ET) Add Compare Share Share Today's Range$7.27▼$7.9950-Day Range$6.44▼$8.2052-Week Range$4.75▼$8.22Volume40,655 shsAverage Volume25,202 shsMarket Capitalization$83.69 millionP/E Ratio20.13Dividend YieldN/APrice Target$10.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Coda Octopus Group MarketRank™ ForecastAnalyst RatingN/A0.00 Rating ScoreUpside/Downside30.7% Upside$10.00 Price TargetShort InterestBearish3.95% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.45Based on 3 Articles This WeekInsider TradingN/AProj. 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.1.46 out of 5 starsComputer And Technology Sector557th out of 612 stocksSearch & Navigation Equipment Industry8th out of 9 stocks 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $10.00, Coda Octopus Group has a forecasted upside of 30.7% from its current price of $7.65.Amount of Analyst CoverageCoda Octopus Group has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted3.95% 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 12.7, which indicates bearish sentiment.Change versus previous monthShort interest in Coda Octopus Group has recently increased by 0.86%, indicating that investor sentiment is decreasing. 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 2.0 News and Social Media Coverage News SentimentCoda Octopus Group has a news sentiment score of -0.45. 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 0.45 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Coda Octopus Group this week, compared to 0 articles on an average week.Search Interest11 people have searched for CODA on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Coda Octopus Group to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Coda Octopus Group insiders have not sold or bought any company stock.Percentage Held by Insiders33.00% 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 17.83% 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 20.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 150.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Coda Octopus Group is 20.13, 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 420.85.Price to Book Value per Share RatioCoda Octopus Group has a P/B Ratio of 1.91. 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. engages in designing and manufacturing patented real time 3D sonar solutions. It operates through the following two segments: Marine Technology Business and Marine Engineering Business. The Marine Technology Business segment, also called the Products segment, develops solutions for both commercial and defense subsea market. The Marine Engineering Business segment, also called the Services segment, supplies engineering services primarily to prime defense contractors. The company was founded in 1994 and is headquartered in Orlando, FL.Read More 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 Stock News HeadlinesFebruary 3, 2023 | finance.yahoo.comCoda Octopus Group Announces Participation in A.G.P.’s Virtual Emerging Growth Technology ConferenceFebruary 2, 2023 | americanbankingnews.comCoda Octopus Group (NASDAQ:CODA) Price Target Raised to $10.00February 9, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.January 31, 2023 | finance.yahoo.comCoda Octopus Group, Inc. (NASDAQ:CODA) Q4 2022 Earnings Call TranscriptJanuary 30, 2023 | marketwatch.comCoda Octopus Group Shares Fall 11% on Lower FY22 IncomeJanuary 30, 2023 | seekingalpha.comCoda Octopus Group, Inc. (CODA) Q4 2022 Earnings Call TranscriptJanuary 30, 2023 | finanznachrichten.deCoda Octopus Group, Inc.: Coda Octopus Group Reports Fiscal 2022 Financial ResultsJanuary 30, 2023 | finance.yahoo.comCoda Octopus Group Reports Fiscal 2022 Financial ResultsFebruary 9, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.January 17, 2023 | finance.yahoo.comCoda Octopus Group Sets Fiscal Year 2022 Earnings Conference Call for Monday, January 30, 2023 at 10 a.m. Eastern TimeJanuary 8, 2023 | seekingalpha.comCoda Octopus: Next-Gen Products Driving Earnings MomentumDecember 10, 2022 | finance.yahoo.comCoda Octopus Group, Inc.'s (NASDAQ:CODA) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?November 23, 2022 | finance.yahoo.comShareholders in Coda Octopus Group (NASDAQ:CODA) are in the red if they invested a year agoNovember 5, 2022 | forbes.comCoda Octopus GroupOctober 26, 2022 | uk.finance.yahoo.comCoda Octopus Group (NASDAQ:CODA) Could Be Struggling To Allocate CapitalOctober 12, 2022 | finance.yahoo.comEstimating The Fair Value Of Coda Octopus Group, Inc. (NASDAQ:CODA)October 10, 2022 | nasdaq.comInvestors in Coda Octopus Group (NASDAQ:CODA) have unfortunately lost 36% over the last yearSeptember 16, 2022 | seekingalpha.comCoda Octopus: Solid Progress In Defense Applications Evident In Q3 ResultsSeptember 14, 2022 | seekingalpha.comCODA Coda Octopus Group, Inc.September 14, 2022 | finance.yahoo.comCoda Octopus Group Reports Fiscal 2022 Third Quarter and Nine-Month Period Financial ResultsAugust 26, 2022 | nasdaq.comIs There Now An Opportunity In Coda Octopus Group, Inc. (NASDAQ:CODA)?August 11, 2022 | finance.yahoo.comTraders News Source Senior Editor, Mark Roberts Interviews Annmarie Gayle, CEO of Coda Octopus Group, Inc.July 23, 2022 | nasdaq.comIs The Market Rewarding Coda Octopus Group, Inc. (NASDAQ:CODA) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?July 3, 2022 | finance.yahoo.comIs Coda Octopus Group, Inc.'s (NASDAQ:CODA) Stock Price Struggling As A Result Of Its Mixed Financials?June 28, 2022 | msn.comCoda Octopus Group's Return On Capital Employed OverviewJune 15, 2022 | finance.yahoo.comThis Analyst Just Downgraded Their Coda Octopus Group, Inc. (NASDAQ:CODA) EPS ForecastsJune 14, 2022 | marketwatch.comCoda Octopus Shares Drop After Lower 2Q EarningsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings1/30/2023Today2/09/2023Next Earnings (Estimated)3/15/2023Fiscal Year End10/31/2023Get 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) 735-2406Fax801-973-9285Employees95Year 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+30.7%Consensus RatingN/A Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)$0.38 Trailing P/E Ratio20.13 Forward P/E RatioN/A P/E GrowthN/ANet Income$4.30 million Net Margins19.35% Pretax Margin23.09% Return on Equity10.09% Return on Assets9.33% Debt Debt-to-Equity RatioN/A Current Ratio10.67 Quick Ratio7.78 Sales & Book Value Annual Sales$22.23 million Price / Sales3.76 Cash Flow$0.46 per share Price / Cash Flow16.70 Book Value$4.00 per share Price / Book1.91Miscellaneous Outstanding Shares10,940,000Free Float7,331,000Market Cap$83.69 million OptionableNot Optionable Beta1.15 Key ExecutivesAnnmarie Michelle GayleChairman & Chief Executive OfficerNathan ParkerChief Financial OfficerBlair CunninghamPresident-TechnologyKey CompetitorsVIA optronicsNYSE:VIAOSurgePaysNASDAQ:SURGChina IndexNASDAQ:CIHAirgainNASDAQ:AIRGSynchronoss TechnologiesNASDAQ:SNCRView All CompetitorsInsiders & InstitutionsBelpointe Asset Management LLCBought 4,000 shares on 2/8/2023Ownership: 0.037%Rice Hall James & Associates LLCSold 4,893 shares on 1/27/2023Ownership: 2.190%Touchstone Capital Inc.Bought 65,859 shares on 1/24/2023Ownership: 3.165%BlackRock Inc.Sold 1,830 shares on 11/15/2022Ownership: 0.962%Perritt Capital Management Inc.Sold 6,549 shares on 11/15/2022Ownership: 0.871%View All Institutional Transactions CODA Stock - Frequently Asked Questions What is Coda Octopus Group's stock price forecast for 2023? 0 analysts have issued 12-month target prices for Coda Octopus Group's stock. Their CODA share price forecasts range from $10.00 to $10.00. On average, they expect the company's stock price to reach $10.00 in the next twelve months. This suggests a possible upside of 30.7% 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 the year. Since then, CODA shares have increased by 11.5% and is now trading at $7.6499. 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 Wednesday, March 15th 2023. View our CODA earnings forecast. How were Coda Octopus Group's earnings last quarter? Coda Octopus Group, Inc. (NASDAQ:CODA) posted its quarterly earnings results on Monday, January, 30th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.10 by $0.04. The company earned $5.14 million during the quarter. Coda Octopus Group had a net margin of 19.35% and a trailing twelve-month return on equity of 10.09%. 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." Who are Coda Octopus Group's major shareholders? Coda Octopus Group's stock is owned by many different institutional and retail investors. Top institutional investors include Touchstone Capital Inc. (3.16%), Rice Hall James & Associates LLC (2.19%) and Belpointe Asset Management LLC (0.04%). Insiders that own company stock include Blair Graeme Cunningham, Bryan Ezralow, G Tyler Runnels, Mary Losty, Michael J Hamilton, 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 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 $7.65. How much money does Coda Octopus Group make? Coda Octopus Group (NASDAQ:CODA) has a market capitalization of $83.69 million and generates $22.23 million in revenue each year. The company earns $4.30 million in net income (profit) each year or $0.38 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 2/9/2023 by MarketBeat.com Staff 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. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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