NASDAQ:INOD

Innodata (INOD) Stock Forecast, Price & News

$8.53

+0.30 (+3.65%)

(As of 09/29/2023 ET)

Compare

Today's Range: $8.23
▼
$8.77
50-Day Range: $7.71
▼
$14.91
52-Week Range: $2.80
▼
$15.36

Volume: 440,773 shs
Average Volume: 699,058 shs
Market Capitalization: $241.40 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Innodata MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
11.66% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.22
Based on 3 Articles This Week
Insider Trading: Selling Shares
$1.62 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

0.97 out of 5 stars

Computer And Technology Sector

596th out of 608 stocks

Data Processing & Preparation Industry

60th out of 60 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Innodata.

1.0

Short Interest

Percentage of Shares Shorted
11.66% of the outstanding shares of Innodata have been sold short.
Short Interest Ratio / Days to Cover
Innodata has a short interest ratio ("days to cover") of 4.8.
Change versus previous month
Short interest in Innodata has recently increased by 25.48%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Innodata does not currently pay a dividend.
Dividend Growth
Innodata 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 INOD.

2.3

News and Social Media Coverage

News Sentiment
Innodata has a news sentiment score of 0.22. 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 0.64 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Innodata this week, compared to 1 article on an average week.
Search Interest
Only 4 people have searched for INOD on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.
MarketBeat Follows
9 people have added Innodata to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Innodata insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,623,914.00 in company stock.
Percentage Held by Insiders
18.24% of the stock of Innodata is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
40.53% of the stock of Innodata is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Innodata is -28.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Innodata is -28.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Innodata has a P/B Ratio of 12.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Innodata (NASDAQ:INOD) Stock

Innodata Inc. operates as a global data engineering company in the United States, the United Kingdom, the Netherlands, Canada, and internationally. The company operates through three segments: Digital Data Solutions (DDS), Synodex, and Agility. The DDS segment engages in the provision of AI data preparation services; collecting or creating training data; annotating training data; and training AI algorithms for its customers, as well as AI model deployment and integration services. This segment also provides a range of data engineering support services, including data transformation, data curation, data hygiene, data consolidation, data extraction, data compliance, and master data management. The Synodex segment offers an industry platform that transforms medical records into useable digital data with its proprietary data models or client data models. The Agility segment provides an industry platform that offers marketing communications and public relations professionals to target and distribute content to journalists and social media influencers; and to monitor and analyze global news channels, such as print, web, radio, and TV, as well as social media channels. It serves banking, insurance, financial services, technology, digital retailing, and information/media sectors through its professional staff, senior management, and direct sales personnel. The company was formerly known as Innodata Isogen, Inc. and changed its name to Innodata Inc. in June 2012. Innodata Inc. was incorporated in 1988 and is headquartered in Ridgefield Park, New Jersey.

INOD Price History

30 days | 90 days | 365 days | Advanced Chart

INOD Stock News Headlines

September 8, 2023 | marketbeat.com

The Best 5 Small Cap AI Companies to Buy Now (INOD)

Small-cap AI stocks represent companies with smaller market capitalizations. Learn more about our top picks for the best small-cap AI stocks to buy now.

September 26, 2023 | americanbankingnews.com

Innodata (NASDAQ:INOD) Upgraded by StockNews.com to "Hold"

October 1, 2023 | Chaikin Analytics (Ad)

This is the #1 Stock to Buy for the AI Tidal Wave

Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.

August 30, 2023 | msn.com

Unusual Put Option Trade in Innodata (INOD) Worth $367.50K

August 30, 2023 | finanznachrichten.de

Innodata Inc.: Innodata Announces Non-Deal Roadshow Organized by Craig-Hallum and Investor Presentation

August 30, 2023 | finance.yahoo.com

Innodata Announces Non-Deal Roadshow Organized by Craig-Hallum and Investor Presentation

August 29, 2023 | finance.yahoo.com

Innodata Lands Significant LLM Expansion with New "Big Five" Customer Announced July 18, 2023

August 23, 2023 | msn.com

Innodata: Riding AI Wave, At 70x FCF? Not Me

October 1, 2023 | Oxford Club (Ad)

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August 22, 2023 | finance.yahoo.com

Innodata Announces Agreement Signed with Big Five Tech Customer

August 17, 2023 | finance.yahoo.com

individual investors who own 56% along with institutions invested in Innodata Inc. (NASDAQ:INOD) saw increase in their holdings value last week

August 16, 2023 | finance.yahoo.com

Innodata to Participate in Upcoming Investor Conferences

August 13, 2023 | finance.yahoo.com

Innodata Inc. (NASDAQ:INOD) Q2 2023 Earnings Call Transcript

August 11, 2023 | markets.businessinsider.com

Pre-market Movers: SMLR, ETON, MAXN, ACHR, MLGO…

August 11, 2023 | finance.yahoo.com

Why Innodata Stock Is Skyrocketing Today

August 11, 2023 | finanznachrichten.de

Innodata Inc.: Innodata Announces Another Big Five Tech New Customer Win and Reports Second Quarter 2023 Results

August 11, 2023 | seekingalpha.com

Innodata Isogen GAAP EPS of -$0.03, revenue of $19.7M

August 11, 2023 | marketwatch.com

Innodata Shares Rise 17% After News of Deal With Third Technology Company

August 11, 2023 | finance.yahoo.com

Innodata Announces Another Big Five Tech New Customer Win and Reports Second Quarter 2023 Results

August 3, 2023 | finance.yahoo.com

Innodata to Report Second Quarter 2023 Results

July 28, 2023 | finance.yahoo.com

3 Surprising Stocks That Offer AI Exposure

July 18, 2023 | finanznachrichten.de

Innodata Inc.: Innodata Signs Deal with New "Big Five" Tech Customer for AI Large Language Model Development

July 18, 2023 | benzinga.com

Why Innodata Shares Are Soaring Today

July 18, 2023 | finance.yahoo.com

Innodata Signs Deal with New "Big Five" Tech Customer for AI Large Language Model Development

July 5, 2023 | finance.yahoo.com

Big Tech on the Prowl: 3 Potential AI Stock Acquisition Targets

July 5, 2023 | finance.yahoo.com

Innodata's (NASDAQ:INOD) investors will be pleased with their fantastic 938% return over the last five years

June 27, 2023 | finance.yahoo.com

Leading Hyperscale Cloud Platform Selects Innodata to Provide Large Language Model Fine-Tuning and AI Data Annotation for its Cloud Customers

See More Headlines

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INOD Company Calendar

Last Earnings: 8/10/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Data processing & preparation
Sub-Industry: Data Processing & Outsourced Services
Sector: Computer and Technology
Current Symbol: NASDAQ:INOD
CUSIP: 45764220
CIK: 903651
Web: www.innodata.com
Phone: (201) 371-8000
Fax: 302-655-5049
Employees: 4,209
Year Founded: 1988

Profitability

EPS (Most Recent Fiscal Year): ($0.30)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-11,940,000.00
Net Margins: -10.77%
Pretax Margin: -9.58%
Return on Equity: -43.47%
Return on Assets: -16.72%

Debt

Debt-to-Equity Ratio: 0.31
Current Ratio: 1.21
Quick Ratio: 1.21

Sales & Book Value

Annual Sales: $79 million
Price / Sales: 3.06
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.69 per share
Price / Book: 12.36

Miscellaneous

Outstanding Shares: 28,300,000
Free Float: 23,137,000
Market Cap: $241.40 million
Optionable: Optionable
Beta: 2.01

Social Links

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Key Executives

Mr. Jack S. Abuhoff (Age 62)
Pres, CEO & Director
Comp: $508.82k

Ms. Marissa Espineli (Age 60)
Interim CFO, VP of Fin. & Corp. Controller
Comp: $281.17k

Mr. Ashok Kumar Mishra (Age 68)
Exec. VP & COO
Comp: $375k

Ms. Amy R. Agress (Age 58)
Sr. VP, Gen. Counsel & Corp. Sec.

Mr. Rahul Singhal
Chief Product & Marketing Officer

Ms. Marcia Novero
Director of HR

Mr. R. Douglas Kemp
Sr. VP of Synodex

Mr. Martin Lyster
Chief Exec. Officer of AgilityPR Solutions

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

INOD Stock - Frequently Asked Questions

How have INOD shares performed in 2023?: Innodata's stock was trading at $2.9650 at the start of the year. Since then, INOD stock has increased by 187.7% and is now trading at $8.53.
View the best growth stocks for 2023 here.
Are investors shorting Innodata?: Innodata saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,300,000 shares, an increase of 25.5% from the August 31st total of 2,630,000 shares. Based on an average daily volume of 683,100 shares, the days-to-cover ratio is presently 4.8 days.
View Innodata's Short Interest.
When is Innodata's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our INOD earnings forecast.
How were Innodata's earnings last quarter?: Innodata Inc. (NASDAQ:INOD) announced its quarterly earnings results on Thursday, August, 10th. The technology company reported ($0.03) earnings per share (EPS) for the quarter. The technology company earned $19.66 million during the quarter. Innodata had a negative net margin of 10.77% and a negative trailing twelve-month return on equity of 43.47%.
What ETF holds Innodata's stock ?: AdvisorShares Dorsey Wright Micro-Cap ETF holds 2,878 shares of INOD stock, representing 0.68% of its portfolio.
What is Jack S. Abuhoff's approval rating as Innodata's CEO?: 74 employees have rated Innodata Chief Executive Officer Jack S. Abuhoff on Glassdoor.com. Jack S. Abuhoff has an approval rating of 68% among the company's employees.

What other stocks do shareholders of Innodata own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Innodata investors own include BIOLASE (BIOL), Hudson Technologies (HDSN), Inovio Pharmaceuticals (INO), Inseego (INSG), AcelRx Pharmaceuticals (ACRX), Adamis Pharmaceuticals (ADMP), Agenus (AGEN), Amyris (AMRS) and Digital Turbine (APPS).
What is Innodata's stock symbol?: Innodata trades on the NASDAQ under the ticker symbol "INOD."
How do I buy shares of Innodata?: Shares of INOD 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 Innodata's stock price today?: One share of INOD stock can currently be purchased for approximately $8.53.
How much money does Innodata make?: Innodata (NASDAQ:INOD) has a market capitalization of $241.40 million and generates $79 million in revenue each year. The technology company earns $-11,940,000.00 in net income (profit) each year or ($0.30) on an earnings per share basis.
How many employees does Innodata have?: The company employs 4,209 workers across the globe.
How can I contact Innodata?: Innodata's mailing address is 55 CHALLENGER ROAD, RIDGEFIELD PARK NJ, 07660. The official website for the company is www.innodata.com. The technology company can be reached via phone at (201) 371-8000, via email at ssrsich@innodata.com, or via fax at 302-655-5049.

This page (NASDAQ:INOD) was last updated on 10/1/2023 by MarketBeat.com Staff

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