CODA vs. IPAX, MIND, TNAV, FLIR, NOC, LHX, GRMN, TDY, NXT, and DRS
Should you be buying Coda Octopus Group stock or one of its competitors? The main competitors of Coda Octopus Group include Inflection Point Acquisition (IPAX), MIND Technology (MIND), Telenav (TNAV), Teledyne FLIR (FLIR), Northrop Grumman (NOC), L3Harris Technologies (LHX), Garmin (GRMN), Teledyne Technologies (TDY), Nextracker (NXT), and Leonardo DRS (DRS).
Coda Octopus Group (NASDAQ:CODA) and Inflection Point Acquisition (NASDAQ:IPAX) are both small-cap computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their community ranking, valuation, risk, institutional ownership, analyst recommendations, earnings, profitability, media sentiment and dividends.
Coda Octopus Group received 147 more outperform votes than Inflection Point Acquisition when rated by MarketBeat users. However, 100.00% of users gave Inflection Point Acquisition an outperform vote while only 62.08% of users gave Coda Octopus Group an outperform vote.
In the previous week, Coda Octopus Group had 2 more articles in the media than Inflection Point Acquisition. MarketBeat recorded 4 mentions for Coda Octopus Group and 2 mentions for Inflection Point Acquisition. Coda Octopus Group's average media sentiment score of 1.20 beat Inflection Point Acquisition's score of 0.28 indicating that Coda Octopus Group is being referred to more favorably in the media.
Coda Octopus Group has a beta of 0.86, suggesting that its stock price is 14% less volatile than the S&P 500. Comparatively, Inflection Point Acquisition has a beta of 0.01, suggesting that its stock price is 99% less volatile than the S&P 500.
20.1% of Coda Octopus Group shares are held by institutional investors. Comparatively, 94.7% of Inflection Point Acquisition shares are held by institutional investors. 31.1% of Coda Octopus Group shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Coda Octopus Group presently has a consensus target price of $10.00, suggesting a potential upside of 50.15%. Given Coda Octopus Group's higher probable upside, research analysts clearly believe Coda Octopus Group is more favorable than Inflection Point Acquisition.
Coda Octopus Group has a net margin of 12.94% compared to Inflection Point Acquisition's net margin of 0.00%. Coda Octopus Group's return on equity of 4.79% beat Inflection Point Acquisition's return on equity.
Coda Octopus Group has higher revenue and earnings than Inflection Point Acquisition.
Summary
Coda Octopus Group beats Inflection Point Acquisition on 12 of the 14 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CODA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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