Reviewing Coda Octopus Group (NASDAQ:CODA) and NextNav (NASDAQ:NN)

Coda Octopus Group (NASDAQ:CODAGet Rating) and NextNav (NASDAQ:NNGet Rating) are both small-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, profitability, valuation, risk, dividends and earnings.

Risk and Volatility

Coda Octopus Group has a beta of 1.43, indicating that its stock price is 43% more volatile than the S&P 500. Comparatively, NextNav has a beta of 1.84, indicating that its stock price is 84% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent recommendations for Coda Octopus Group and NextNav, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Coda Octopus Group 0 0 1 0 3.00
NextNav 0 0 3 0 3.00

Coda Octopus Group presently has a consensus target price of $14.00, indicating a potential upside of 145.18%. NextNav has a consensus target price of $16.00, indicating a potential upside of 156.82%. Given NextNav’s higher probable upside, analysts clearly believe NextNav is more favorable than Coda Octopus Group.

Institutional and Insider Ownership

21.1% of Coda Octopus Group shares are owned by institutional investors. 31.5% of Coda Octopus Group shares are owned by company 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.

Profitability

This table compares Coda Octopus Group and NextNav’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Coda Octopus Group 22.77% 12.27% 11.32%
NextNav N/A -219.22% -20.11%

Earnings & Valuation

This table compares Coda Octopus Group and NextNav’s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Coda Octopus Group $21.33 million 2.91 $4.95 million $0.45 12.69
NextNav $760,000.00 791.46 -$144.67 million N/A N/A

Coda Octopus Group has higher revenue and earnings than NextNav.

Summary

Coda Octopus Group beats NextNav on 7 of the 11 factors compared between the two stocks.

About Coda Octopus Group (Get Rating)

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. The company operates through two segments, Marine Engineering Business and Marine Technology Business. It sells technology solutions to the subsea and underwater markets. The company's solutions include geophysical systems, a geophysical data acquisition systems, processing, and analysis software that are used primarily by survey companies, offshore renewable companies, research institutions, and salvage companies; GNSS-aided navigation systems; Echoscope and Echoscope PIPE used for real time monitoring of cable installations for offshore wind projects; and diver augmented vision display system. It offers CodaOctopus GeoSurvey products, such as hardware and software solutions for field acquisition of sidescan sonar and sub-bottom profiler; and CodaOctopus DA4G productivity suite of software that automates the tasks of analyzing, annotating, and mosaicing complex data sets. It markets its products under the CodaOctopus brand name. Coda Octopus Group, Inc. was founded in 1994 and is headquartered in Orlando, Florida.

About NextNav (Get Rating)

NextNav Inc. provides next generation global positioning system (GPS) and 3D geolocation services. The company delivers next generation positioning, navigation, and timing solutions through its network-based Pinnacle and TerraPoiNT solutions. Its Pinnacle 3D geolocation service is commercially available in approximately 4,400 cities and towns in the United States; and its TerraPoiNT terrestrial-based encrypted network has deployments in 51 total markets nationally. The company sells its solutions directly to customers or through partners. The company was founded in 2007 and is headquartered in McLean, Virginia.

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