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NASDAQ:INOD

Innodata (INOD) Stock Price, News & Analysis

$12.62
-0.23 (-1.79%)
(As of 05/31/2024 ET)
Today's Range
$11.87
$13.14
50-Day Range
$5.69
$12.96
52-Week Range
$5.46
$15.36
Volume
350,554 shs
Average Volume
1.58 million shs
Market Capitalization
$362.83 million
P/E Ratio
210.37
Dividend Yield
N/A
Price Target
$24.00

Innodata MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
90.2% Upside
$24.00 Price Target
Short Interest
Healthy
9.25% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.98mentions of Innodata in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
183.33%
From $0.18 to $0.51 Per Share

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.

3.49 out of 5 stars

Computer And Technology Sector

238th out of 600 stocks

Data Processing & Preparation Industry

20th out of 60 stocks

INOD stock logo

About Innodata Stock (NASDAQ:INOD)

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 artificial intelligence (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 Stock Price History

INOD Stock News Headlines

3 Top Small-Cap Growth Opportunities in the AI Era
Innodata Inc.
Why Is Innodata (INOD) Stock Up 22% Today?
3 AI Stocks Primed for Profit After the Pullback
Stryker reports first quarter 2024 operating results
Innodata Inc
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
6/02/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
Data Processing & Outsourced Services
Current Symbol
NASDAQ:INOD
CUSIP
45764220
Employees
4,325
Year Founded
1988

Price Target and Rating

Average Stock Price Target
$24.00
High Stock Price Target
$24.00
Low Stock Price Target
$24.00
Potential Upside/Downside
+90.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-910,000.00
Pretax Margin
3.65%

Debt

Sales & Book Value

Annual Sales
$86.78 million
Cash Flow
$0.13 per share
Book Value
$0.96 per share

Miscellaneous

Free Float
24,374,000
Market Cap
$362.83 million
Optionable
Optionable
Beta
2.02

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Key Executives

  • Mr. Jack S. Abuhoff (Age 63)
    President, CEO & Director
    Comp: $958.7k
  • Ms. Marissa B. Espineli (Age 61)
    Interim CFO, VP of Finance & Corporate Controller
    Comp: $330k
  • Mr. Ashok Kumar Mishra (Age 69)
    Executive VP & COO
    Comp: $700k
  • Ms. Amy R. Agress (Age 59)
    Senior VP, General Counsel & Corporate Secretary
  • Mr. Rahul Singhal
    Chief Product & Marketing Officer
  • Ms. Marcia Novero
    Director of Human Resources
  • Mr. R. Douglas Kemp
    Senior Vice President of Synodex
  • Mr. Martin Lyster
    Chief Executive Officer of AgilityPR Solutions

INOD Stock Analysis - Frequently Asked Questions

Should I buy or sell Innodata stock right now?

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

What is Innodata's stock price target for 2024?

1 brokerages have issued twelve-month target prices for Innodata's shares. Their INOD share price targets range from $24.00 to $24.00. On average, they expect the company's stock price to reach $24.00 in the next year. This suggests a possible upside of 90.2% from the stock's current price.
View analysts price targets for INOD
or view top-rated stocks among Wall Street analysts.

How have INOD shares performed in 2024?

Innodata's stock was trading at $8.14 at the start of the year. Since then, INOD stock has increased by 55.0% and is now trading at $12.62.
View the best growth stocks for 2024 here
.

Are investors shorting Innodata?

Innodata saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 2,660,000 shares, a decrease of 25.9% from the April 30th total of 3,590,000 shares. Based on an average daily trading volume, of 760,700 shares, the days-to-cover ratio is currently 3.5 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, August 8th 2024.
View our INOD earnings forecast
.

How were Innodata's earnings last quarter?

Innodata Inc. (NASDAQ:INOD) released its quarterly earnings results on Tuesday, May, 7th. The technology company reported $0.03 earnings per share (EPS) for the quarter. The technology company had revenue of $26.50 million for the quarter. Innodata had a trailing twelve-month return on equity of 9.08% and a net margin of 2.33%.

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).

Who are Innodata's major shareholders?

Innodata's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.08%), Janus Henderson Group PLC (4.29%), GSA Capital Partners LLP (0.48%), BNP Paribas Financial Markets (0.08%), Price T Rowe Associates Inc. MD (0.05%) and Elkhorn Partners Limited Partnership (0.05%). Insiders that own company stock include Ashok Mishra, Jack Abuhoff, Louise C Forlenza, Marissa B Espineli, Nauman Sabeeh Toor and Stewart R Massey.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:INOD) was last updated on 6/2/2024 by MarketBeat.com Staff

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