NASDAQ:CODA

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

$6.90
+0.34 (+5.18%)
(As of 04/24/2024 ET)
Today's Range
$6.65
$7.02
50-Day Range
$5.50
$6.56
52-Week Range
$5.21
$11.09
Volume
36,734 shs
Average Volume
27,823 shs
Market Capitalization
$77.07 million
P/E Ratio
32.86
Dividend Yield
N/A
Price Target
$10.00

Coda Octopus Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
44.9% Upside
$10.00 Price Target
Short Interest
Healthy
2.38% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.23mentions of Coda Octopus Group in the last 14 days
Based on 6 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.

2.54 out of 5 stars

Computer And Technology Sector

345th out of 586 stocks

Search & Navigation Equipment Industry

7th out of 11 stocks

CODA stock logo

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

CODA Stock News Headlines

Urgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!
The FEDNOW Biden Dollar ends cash in a matter of WEEKS Stumbling Biden's dollar next phases begins Oct 21st This guide shows you what to do next. In a cashless society, Biden forces you to use the government's new "digital dollar"...
Coda Octopus Group Inc (CODA)
Coda Octopus Group (NASDAQ:CODA) Trading 0.5% Higher
Urgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!
The FEDNOW Biden Dollar ends cash in a matter of WEEKS Stumbling Biden's dollar next phases begins Oct 21st This guide shows you what to do next. In a cashless society, Biden forces you to use the government's new "digital dollar"...
Coda Octopus Group Inc.
Q1 2024 Coda Octopus Group Inc Earnings Call
Coda Octopus reports Q1 results
See More Headlines
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Company Calendar

Last Earnings
3/18/2024
Today
4/24/2024
Next Earnings (Estimated)
6/12/2024
Fiscal Year End
10/31/2024

Industry, Sector and Symbol

Industry
Search & navigation equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:CODA
Previous Symbol
OTCMKTS:CDOC
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
+46.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$3.12 million
Pretax Margin
15.60%

Debt

Sales & Book Value

Annual Sales
$19.35 million
Cash Flow
$0.39 per share
Book Value
$4.36 per share

Miscellaneous

Free Float
7,698,000
Market Cap
$76.51 million
Optionable
Not Optionable
Beta
1.02
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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 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 target for 2024?

1 Wall Street research analysts have issued 1 year price targets for Coda Octopus Group's shares. Their CODA share price targets range from $10.00 to $10.00. On average, they predict the company's share price to reach $10.00 in the next twelve months. This suggests a possible upside of 44.9% 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 2024. Since then, CODA stock has increased by 14.6% and is now trading at $6.90.
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) posted its quarterly earnings data on Monday, March, 18th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm 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 number of retail and institutional 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 4/25/2024 by MarketBeat.com Staff

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