Coda Octopus Stock Analysis

CODA -  USA Stock  

USD 6.97  0.58  7.68%

The current slip in stock price could raise concerns from investors as the firm it trading at a share price of 6.97 on very low momentum in volume. The company executives have failed to build on market volatilities in December. However, diversifying your overall positions with Coda Octopus Group may protect your principal portfolio during upcoming market swings. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.77. The current volatility is consistent with the ongoing market swings in December 2021 as well as with Coda Octopus unsystematic, company-specific events.
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Coda Octopus Stock Analysis 

 
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The Coda Octopus stock analysis report makes it easy to digest most publicly released information about Coda Octopus and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Coda Octopus Stock analysis module also helps to analyze the Coda Octopus price relationship with some important fundamental indicators such as market cap and management efficiency.

Coda Octopus Stock Analysis Notes

About 59.0% of the company shares are held by company insiders. The book value of Coda Octopus was currently reported as 3.77. The company had not issued any dividends in recent years. Coda Octopus Group had a split on the 11th of January 2017. Coda Octopus Group, Inc., together with its subsidiaries, develops and sells underwater technologies and equipment for imaging, mapping, defense, and survey applications in the Americas, Europe, Australia, Asia, the Middle East, and Africa. Coda Octopus Group, Inc. was founded in 1994 and is headquartered in Orlando, Florida. Coda Octopus operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. It employs 110 people. For more info on Coda Octopus Group please contact Annmarie Gayle at 801 973 9136 or go to https://www.codaoctopusgroup.com.

Coda Octopus Quarterly Cost of Revenue

1.61 MillionShare

Coda Octopus Group Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Coda Octopus' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Coda Octopus Group or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Coda Octopus Group generated a negative expected return over the last 90 days
Coda Octopus Group has a strong financial position based on the latest SEC filings
About 59.0% of the company shares are held by company insiders
Latest headline from dashboards.trefis.com: Coda Octopus Group Stock Has 40 percent Chance Of Rise In The Next One Month - Trefis

Coda Octopus Group Upcoming and Recent Events

Earnings reports are used by Coda Octopus to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Coda Octopus previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report27th of January 2022
Next Fiscal Quarter End31st of October 2021

Coda Octopus SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Coda Octopus prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Coda Octopus investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Coda Octopus Group specific information freely available to individual and institutional investors to make a timely investment decision.
4th of October 2021
Regulation FD Disclosure
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20th of September 2021
Submission of Matters to a Vote of Security Holders
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28th of July 2021
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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6th of July 2021
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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Coda Octopus Market Capitalization

The company currently falls under 'Micro-Cap' category with current market capitalization of 84.36 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Coda Octopus's market, we take the total number of its shares issued and multiply it by Coda Octopus's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Coda Octopus Profitablity

Coda Octopus' profitability indicators refer to fundamental financial ratios that showcase Coda Octopus' ability to generate income relative to its revenue or operating costs. If, let's say, Coda Octopus is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Coda Octopus' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Coda Octopus' profitability requires more research than a typical breakdown of Coda Octopus' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 29.13 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 19.57 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.2.
Last ReportedProjected for 2022
Return on Average Assets 0.08  0.11 
Return on Average Equity 0.09  0.09 
Return on Invested Capital 0.23  0.27 
Return on Sales 0.20  0.22 

Management Efficiency

The entity has return on total asset (ROA) of 6.27 % which means that it generated profit of $6.27 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 16.4 %, meaning that it created $16.4 on every $100 dollars invested by stockholders. Coda Octopus management efficiency ratios could be used to measure how well coda octopus group manages its routine affairs as well as how well it operates its assets and liabilities. The current year Return on Average Assets is expected to grow to 0.11. The current year Return on Average Equity is expected to grow to 0.09. Coda Octopus Tax Assets are projected to increase significantly based on the last few years of reporting. The past year's Tax Assets were at 646,187. The current year Asset Turnover is expected to grow to 0.56, whereas Total Assets are forecasted to decline to about 39.4 M.
Last ReportedProjected for 2022
Book Value per Share 3.68  3.08 
Enterprise Value over EBIT 12.60  12.42 
Enterprise Value over EBITDA 10.03  10.01 
Price to Book Value 1.55  1.88 
Tangible Assets Book Value per Share 3.68  3.46 
Enterprise Value54.8 M61.3 M
Tangible Asset Value39.5 M35 M

Technical Drivers

As of the 17th of January 2022, Coda Octopus shows the risk adjusted performance of (0.09), and Mean Deviation of 2.09. Coda Octopus Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Coda Octopus Group, which can be compared to its rivals. Please confirm Coda Octopus Group variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to decide if Coda Octopus Group is priced correctly, providing market reflects its regular price of 6.97 per share. Given that Coda Octopus has jensen alpha of (0.41), we suggest you to validate Coda Octopus Group's prevailing market performance to make sure the company can sustain itself at a future point.

Coda Octopus Group Price Movement Analysis

The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Coda Octopus middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Coda Octopus Group. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target. View also all equity analysis or get more info about bollinger bands overlap studies indicator.

Coda Octopus Group Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Coda Octopus insiders, such as employees or executives, is commonly permitted as long as it does not rely on Coda Octopus' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Coda Octopus insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Coda Octopus Technical and Predictive Indicators

Coda Octopus Forecast Models

Coda Octopus time-series forecasting models is one of many Coda Octopus' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Coda Octopus' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Coda Octopus Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Coda Octopus stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Coda Octopus shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Coda Octopus. By using and applying Coda Octopus Stock analysis, traders can create a robust methodology for identifying Coda Octopus entry and exit points for their positions.
Last ReportedProjected for 2022
EBITDA Margin 0.24  0.26 
Gross Margin 0.73  0.75 
Profit Margin 0.19  0.21 
Coda Octopus Group, Inc., together with its subsidiaries, develops and sells underwater technologies and equipment for imaging, mapping, defense, and survey applications in the Americas, Europe, Australia, Asia, the Middle East, and Africa. Coda Octopus Group, Inc. was founded in 1994 and is headquartered in Orlando, Florida. Coda Octopus operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. It employs 110 people.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Coda Octopus to your portfolios without increasing risk or reducing expected return.

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When running Coda Octopus Group price analysis, check to measure Coda Octopus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Coda Octopus is operating at the current time. Most of Coda Octopus' value examination focuses on studying past and present price action to predict the probability of Coda Octopus' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Coda Octopus' price. Additionally, you may evaluate how the addition of Coda Octopus to your portfolios can decrease your overall portfolio volatility.
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Is Coda Octopus' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coda Octopus. If investors know Coda Octopus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coda Octopus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Coda Octopus Group is measured differently than its book value, which is the value of Coda Octopus that is recorded on the company's balance sheet. Investors also form their own opinion of Coda Octopus' value that differs from its market value or its book value, called intrinsic value, which is Coda Octopus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coda Octopus' market value can be influenced by many factors that don't directly affect Coda Octopus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coda Octopus' value and its price as these two are different measures arrived at by different means. Investors typically determine Coda Octopus value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coda Octopus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.