Coda Octopus Group, Inc , together with its subsidiaries, develops and sells underwater technologies and equipment for 3D imaging, mapping, defense, and survey applications in the Americas, Europe, Australia, Asia, the Middle East, and Africa.
Coda Octopus Group is a micro cap stock with a total market cap of 98.22M.
They trade on the NASDAQ and had their IPO 21 years and 11 months
Coda Octopus Group currently employs 83 people.
News Relating to $CODA
Seeking Alpha
Coda Octopus: Valuation Is Now Reasonable, But Growth Remains A Concern
Wednesday Jun 21 2023 at 20:41
Coda Octopus Group’s stock rose after Q1 2023 earnings results but dropped after Q2 2023 report, providing a potentially attractive entry point for investors. The company’s growth plan focuses on its diver augmented vision display (DAVD) and Echoscope products. Despite the past financial performance, my forecast suggests an investment in Coda could provide a 20%+ return per year through 2027, but investors should closely monitor the growth story.
Seeking Alpha
Coda Octopus Group, Inc. (CODA) Q2 2023 Earnings Call Transcript
Wednesday Jun 14 2023 at 13:56
Coda Octopus Group, Inc. (NASDAQ:CODA ) Q2 2023 Earnings Conference Call June 14, 2023 10:00 AM ET Company Participants Jackie Keshner – Gateway Group, Inc. Annmarie Gayle – Chairman & CEO Gayle Jardine – Acting CFO Conference Call Participants Brian Kinstlinger – Alliance Global Partners Walter Ramsley – R-Squared David Wright – Henry Investment Trust Operator Good morning, and welcome to Coda Octopus Group’s Second Quarter Fiscal Year 2023 Earnings Conference Call. My name is Christine, and I’ll be your operator for today.
GlobeNewsWire
Coda Octopus Group Sets Fiscal Year 2023 Second Quarter Earnings Conference Call for Wednesday, June 14, 2023 at 10 a.m. Eastern Time
Wednesday May 31 2023 at 06:00
Orlando, FL, May 31, 2023 (GLOBE NEWSWIRE) — Coda Octopus Group, Inc. (“CODA” or the “Company”) (NASDAQ: CODA), a global market leader in real-time 3D/4D/5D and 6D imaging sonar technology for real-time subsea intelligence and diving technology, will host a conference call on Wednesday, June 14, 2023 at 10:00 a.m. Eastern time to discuss its results for its second quarter ended April 30, 2023. A press release detailing these results will be issued before the opening of trading on the same day.
Seeking Alpha
Coda Octopus: Still Quite Attractive
Wednesday May 31 2023 at 04:03
Coda Octopus Group has promising prospects with its volumetric real-time imaging sonar technology and Diver Augmented Vision Display (DAVD) system, which are gaining interest from the US Navy and other industries. Despite doubling its share price in the past year, CODA stock may still be undervalued due to potential underestimation of forward EBITDA estimates and 31% of market capitalization in cash. Risks include liquidity issues, supply chain disruptions, and dependence on specialized customers and the defense market, but the outlook for CODA’s offerings remains promising.
Seeking Alpha
Confounded’s Complete All-Weather Portfolio Revealed
Saturday Apr 01 2023 at 05:17
Most readers follow my work for the extensive writing I have done referencing my aggressive growth portfolio. However, the vast majority of my net worth is held in my all-weather portfolio. In this article, I would like to draw back the curtain on my main, all-weather portfolio, where roughly 80% of my assets reside.
Seeking Alpha
Coda Octopus Group, Inc. (CODA) Q1 2023 Earnings Call Transcript
Thursday Mar 16 2023 at 13:23
Coda Octopus Group, Inc. (NASDAQ:CODA ) Q1 2023 Earnings Conference Call March 16, 2023 10:00 AM ET Company Participants Jackie Keshner – Gateway Group, Inc. Annmarie Gayle – Chairman and Chief Executive Officer Nathan Parker – Chief Financial Officer Conference Call Participants Brian Kinstlinger – Alliance Global Partners Operator Good morning, and welcome to Coda Octopus Group’s First Quarter Fiscal Year 2023 Earnings Conference Call. My name is Vico, and I’ll be your operator today.
Seeking Alpha
Coda Octopus Trades At Fair Value But Is Not An Opportunity
Friday Mar 03 2023 at 14:43
CODA develops, designs, and manufactures high-end sea and diving visibility systems. These are used in commercial and defense applications. The company is at the forefront of its sector in terms of technology. It enjoys a technological moat that has protected its margins and profitability.
GlobeNewsWire
Coda Octopus Group Sets Fiscal Year 2023 First Quarter Earnings Conference Call for Thursday, March 16, 2023 at 10 a.m. Eastern Time
Thursday Mar 02 2023 at 06:00
Orlando, FL, March 02, 2023 (GLOBE NEWSWIRE) — Coda Octopus Group, Inc. (“CODA” or the “Company”) (NASDAQ: CODA), a global market leader in real-time 3D/4D/5D and 6D imaging sonar technology for real-time subsea intelligence and real-time diving technology, will host a conference call on Thursday, March 16, 2023 at 10:00 a.m. Eastern Time to discuss its results for its first quarter ended January 31, 2023 (“FQ2023”). A press release detailing these results will be issued before the open of trading on the same day.
Seeking Alpha
Coda Octopus Group, Inc. (CODA) Q4 2022 Earnings Call Transcript
Monday Jan 30 2023 at 15:50
Coda Octopus Group, Inc. (NASDAQ:CODA ) Q4 2022 Earnings Conference Call January 30, 2023 10:00 AM ET Company Participants Jeff Grampp – Director, Gateway Group Annmarie Gayle – Chairman and CEO Nathan Parker – CFO Conference Call Participants Brian Kinstlinger – Alliance Global Partners Graham Mattison – Water Tower Research David Wright – Henry Investment Trust Operator Good morning and welcome to Coda Octopus Group’s Fiscal Year Ended 2022 Earnings Conference Call. My name is Rob, and I’ll be your operator today.
GlobeNewsWire
Coda Octopus Group Sets Fiscal Year 2022 Earnings Conference Call for Monday, January 30, 2023 at 10 a.m. Eastern Time
Tuesday Jan 17 2023 at 06:00
Orlando, FL, Jan. 17, 2023 (GLOBE NEWSWIRE) — Coda Octopus Group, Inc. (“CODA” or the “Company”) (NASDAQ: CODA), a global market leader in real-time 3D/4D/5D and 6D imaging sonar technology for real-time subsea intelligence, will host a conference call on Monday, January 30, 2023 at 10:00 a.m. Eastern Time to discuss its results for the fiscal year ended October 31, 2022. A press release detailing these results will be issued before the open of trading on the same day.
Insider Trading
(Original Source: SEC.GOV)
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
Over the last 3 months, 1 insider has sold $109.51K of common stock on the stock market with no insider buying.
Debt & Income Analysis
(Original Source: SEC.GOV)
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
$CODA’s Income Quality of 0.36 is lower than its Industry Group of 0.49 (-26.5% lower)
$CODA’s Income Quality of 0.36 is lower than its Major Industry Group of 0.79 (-54.4% lower)
$CODA’s Income Quality of 0.36 is lower than its Sector of 0.83 (-56.6% lower)
(Original Source: SEC.GOV)
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
$CODA’s Current Ratio of 10.52 is greater than its Industry Group of 2.57 (309.3% greater)
$CODA’s Current Ratio of 10.52 is greater than its Major Industry Group of 3.26 (222.7% greater)
$CODA’s Current Ratio of 10.52 is greater than its Sector of 2.48 (324.2% greater)
Value Analysis
(Original Source: SEC.GOV)
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
$CODA’s PE Ratio of 20.13 is greater than its Industry Group of 17.31 (16.3% greater)
Cannot compare a negative PE Ratio (20.13 & -0.62)
Cannot compare a negative PE Ratio (20.13 & -0.12)
(Original Source: SEC.GOV)
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
$CODA’s PB Ratio of 2.17 is in line with its Industry Group of 2.17
$CODA’s PB Ratio of 2.17 is in line with its Major Industry Group of 2.23 (-2.7% lower)
$CODA’s PB Ratio of 2.17 is greater than its Sector of 1.7 (27.6% greater)
Efficiency Analysis
(Original Source: SEC.GOV)
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
$CODA’s ROE of 0.11 is in line with its Industry Group of 0.1 (10.0% greater)
$CODA’s ROE of 0.11 is greater than its Major Industry Group of -0.08 (237.5% greater)
Cannot compute a percentage difference when there are zeros in the calculation
(Original Source: SEC.GOV)
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
$CODA’s ROCE of 0.12 is greater than its Industry Group of 0.09 (33.3% greater)
$CODA’s ROCE of 0.12 is greater than its Major Industry Group of -0.08 (250.0% greater)
$CODA’s ROCE of 0.12 is greater than its Sector of 0.01 (1100.0% greater)