Why Are People Talking About Investing in CODA?

By Emilio Sanchez • Wednesday, October 11 12:02 • Permanent Link

Shares of Farm & Heavy Construction Machinery company Coda Octopus jumped 2.3% today. With many investors piling into CODA without a second thought, it may be a good idea to take a closer look at the stock. Here are some quick facts to get you started:

Coda Octopus has moved 5.0% over the last year, and the S&P 500 logged a change of 23.0%
CODA has an average analyst rating of buy and is -37.2% away from its mean target price of $10.0 per share
Its trailing earnings per share (EPS) is $0.38
Coda Octopus has a trailing 12 month Price to Earnings (P/E) ratio of 16.5 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $0.45 and its forward P/E ratio is 14.0
The company has a Price to Book (P/B) ratio of 1.4 in contrast to the S&P 500's average ratio of 2.95
Coda Octopus is part of the Industrials sector, which has an average P/E ratio of 20.49 and an average P/B of 3.78
CODA has reported YOY quarterly earnings growth of -43.8% and gross profit margins of 0.7%
The company has a free cash flow of $492538, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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 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.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.