Coda Octopus Group (NASDAQ:CODA – Get Free Report) is one of 229 public companies in the “Aerospace & Defense” industry, but how does it contrast to its competitors? We will compare Coda Octopus Group to similar businesses based on the strength of its valuation, dividends, profitability, earnings, analyst recommendations, risk and institutional ownership.
Profitability
This table compares Coda Octopus Group and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Coda Octopus Group | 17.64% | 8.32% | 7.58% |
| Coda Octopus Group Competitors | -347.37% | -49.14% | -4.39% |
Analyst Ratings
This is a summary of recent ratings for Coda Octopus Group and its competitors, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Coda Octopus Group | 0 | 1 | 2 | 0 | 2.67 |
| Coda Octopus Group Competitors | 2164 | 8283 | 12825 | 582 | 2.50 |
Coda Octopus Group presently has a consensus target price of $14.00, suggesting a potential upside of 62.41%. As a group, “Aerospace & Defense” companies have a potential upside of 30.00%. Given Coda Octopus Group’s stronger consensus rating and higher possible upside, equities research analysts plainly believe Coda Octopus Group is more favorable than its competitors.
Institutional and Insider Ownership
20.1% of Coda Octopus Group shares are owned by institutional investors. Comparatively, 49.5% of shares of all “Aerospace & Defense” companies are owned by institutional investors. 19.5% of Coda Octopus Group shares are owned by insiders. Comparatively, 11.8% of shares of all “Aerospace & Defense” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Valuation & Earnings
This table compares Coda Octopus Group and its competitors gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Coda Octopus Group | $26.56 million | $4.13 million | 19.59 |
| Coda Octopus Group Competitors | $8.35 billion | $569.54 million | 21.35 |
Coda Octopus Group’s competitors have higher revenue and earnings than Coda Octopus Group. Coda Octopus Group is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Risk & Volatility
Coda Octopus Group has a beta of 0.67, indicating that its stock price is 33% less volatile than the S&P 500. Comparatively, Coda Octopus Group’s competitors have a beta of 1.39, indicating that their average stock price is 39% more volatile than the S&P 500.
Summary
Coda Octopus Group beats its competitors on 7 of the 13 factors compared.
Coda Octopus Group Company Profile
Coda Octopus Group develops underwater technology and provides marine engineering services. Its products include the Echoscope, a real-time 3D sonar system designed to capture underwater images and data, along with related sonar and subsea equipment. The company serves customers in defense, commercial marine, offshore energy and hydrographic survey markets. Its technologies are used for applications such as underwater inspection, surveying, navigation and subsea operations. Coda Octopus also provides specialized underwater engineering and diving services.
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