CODA vs. SPRU, SURG, STCN, AILE, GSIT, SOTK, MOBX, GCTS, LITB, and VUZI
Should you be buying Coda Octopus Group stock or one of its competitors? The main competitors of Coda Octopus Group include Spruce Power (SPRU), SurgePays (SURG), Steel Connect (STCN), iLearningEngines (AILE), GSI Technology (GSIT), Sono-Tek (SOTK), Mobix Labs (MOBX), GCT Semiconductor (GCTS), LightInTheBox (LITB), and Vuzix (VUZI). These companies are all part of the "computer and technology" sector.
Spruce Power (NYSE:SPRU) and Coda Octopus Group (NASDAQ:CODA) are both small-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, media sentiment, profitability, analyst recommendations, institutional ownership, earnings, valuation, dividends and community ranking.
Coda Octopus Group has a consensus target price of $10.00, indicating a potential upside of 39.86%. Given Spruce Power's higher possible upside, analysts plainly believe Coda Octopus Group is more favorable than Spruce Power.
20.8% of Spruce Power shares are owned by institutional investors. Comparatively, 20.1% of Coda Octopus Group shares are owned by institutional investors. 9.5% of Spruce Power shares are owned by company insiders. Comparatively, 31.1% of Coda Octopus Group shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Spruce Power has a beta of 1.25, meaning that its stock price is 25% more volatile than the S&P 500. Comparatively, Coda Octopus Group has a beta of 0.86, meaning that its stock price is 14% less volatile than the S&P 500.
Coda Octopus Group received 149 more outperform votes than Spruce Power when rated by MarketBeat users.
Coda Octopus Group has a net margin of 12.94% compared to Coda Octopus Group's net margin of -82.70%. Spruce Power's return on equity of 4.79% beat Coda Octopus Group's return on equity.
In the previous week, Spruce Power had 6 more articles in the media than Coda Octopus Group. MarketBeat recorded 6 mentions for Spruce Power and 0 mentions for Coda Octopus Group. Coda Octopus Group's average media sentiment score of 0.25 beat Spruce Power's score of 0.00 indicating that Spruce Power is being referred to more favorably in the media.
Coda Octopus Group has lower revenue, but higher earnings than Spruce Power. Spruce Power is trading at a lower price-to-earnings ratio than Coda Octopus Group, indicating that it is currently the more affordable of the two stocks.
Summary
Coda Octopus Group beats Spruce Power on 11 of the 16 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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