Innodata Stock Today

INOD Stock  USD 38.33  2.04  5.05%   

Performance

12 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 39

 
High
 
Low
Below Average
Innodata is trading at 38.33 as of the 28th of November 2024, a 5.05 percent decrease since the beginning of the trading day. The stock's lowest day price was 38.33. Innodata has about a 39 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Note, on March 29, 2024, Senator Thomas R Carper of US Senate acquired under $15k worth of Innodata's common stock.
Business Domain
Commercial & Professional Services
IPO Date
10th of August 1993
Category
Technology
Classification
Industrials
Innodata Inc. operates as a global data engineering company in the United States, the United Kingdom, the Netherlands, Canada, and internationally. Innodata Inc. was incorporated in 1988 and is headquartered in Ridgefield Park, New Jersey. Innodata operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. The company has 28.99 M outstanding shares of which 3.81 M shares are currently shorted by private and institutional investors with about 8.5 trading days to cover. More on Innodata

Moving together with Innodata Stock

  0.88WM Waste ManagementPairCorr
  0.74AXR AMREPPairCorr

Moving against Innodata Stock

  0.88HDSN Hudson TechnologiesPairCorr
  0.85BCO Brinks CompanyPairCorr
  0.7MG Mistras GroupPairCorr
  0.59CDTG CDT EnvironmentalPairCorr
  0.58LNZA LanzaTech GlobalPairCorr
  0.48BLMZ BloomZ Ordinary SharesPairCorr

Innodata Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentJack JD
Business ConcentrationData Processing & Outsourced Services, Commercial & Professional Services, Industrials, NASDAQ Composite, Industrials, Professional Services, Information Technology Services, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.581.4601
Significantly Up
Slightly volatile
Gross Profit Margin0.240.3606
Way Down
Pretty Stable
Total Current Liabilities24.1 M22.9 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total12.1 M11.5 M
Sufficiently Up
Slightly volatile
Total Assets41.8 M59.4 M
Way Down
Pretty Stable
Total Current Assets27.5 M32.1 M
Fairly Down
Pretty Stable
Debt Levels
Innodata can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Innodata's financial leverage. It provides some insight into what part of Innodata's total assets is financed by creditors.
Liquidity
Innodata currently holds 5.48 M in liabilities with Debt to Equity (D/E) ratio of 0.24, which may suggest the company is not taking enough advantage from borrowing. Innodata has a current ratio of 1.26, suggesting that it may not be capable to disburse its financial obligations when due. Note, when we think about Innodata's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

591,939
Innodata (INOD) is traded on NASDAQ Exchange in USA. It is located in 55 Challenger Road, Ridgefield Park, NJ, United States, 07660 and employs 4,296 people. Innodata is listed under Data Processing & Outsourced Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.14 B. Innodata conducts business under Professional Services sector and is part of Industrials industry. The entity has 28.99 M outstanding shares of which 3.81 M shares are currently shorted by private and institutional investors with about 8.5 trading days to cover. Innodata currently holds about 10.48 M in cash with 5.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38.
Check Innodata Probability Of Bankruptcy
Ownership Allocation
Innodata has a total of 28.99 Million outstanding shares. 30% of Innodata outstanding shares are owned by outside corporations. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. On March 29, 2024, Senator Thomas R Carper of US Senate acquired under $15k worth of Innodata's common stock.
Check Innodata Ownership Details

Innodata Stock Institutional Holders

InstituionRecorded OnShares
New York State Common Retirement Fund2024-09-30
152.5 K
Nuveen Asset Management, Llc2024-06-30
117.4 K
Scoggin Llc2024-06-30
100 K
Goldman Sachs Group Inc2024-06-30
98.3 K
Marshall Wace Asset Management Ltd2024-06-30
85.4 K
Jane Street Group Llc2024-06-30
84.4 K
Stifel Financial Corp2024-06-30
78.1 K
Bank Of New York Mellon Corp2024-06-30
78.1 K
Charles Schwab Investment Management Inc2024-09-30
77 K
Blackrock Inc2024-06-30
1.9 M
Vanguard Group Inc2024-09-30
1.5 M
View Innodata Diagnostics

Innodata Historical Income Statement

At present, Innodata's Operating Income is projected to decrease significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 268.2 K, whereas Total Revenue is forecasted to decline to about 57.1 M. View More Fundamentals

Innodata Stock Against Markets

Innodata Corporate Management

When determining whether Innodata is a strong investment it is important to analyze Innodata's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Innodata's future performance. For an informed investment choice regarding Innodata Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innodata. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Innodata Stock refer to our How to Trade Innodata Stock guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Data Processing & Outsourced Services space 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 Innodata. If investors know Innodata 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 Innodata listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
50
Earnings Share
0.11
Revenue Per Share
4.764
Quarterly Revenue Growth
1.356
Return On Assets
0.1351
The market value of Innodata is measured differently than its book value, which is the value of Innodata that is recorded on the company's balance sheet. Investors also form their own opinion of Innodata's value that differs from its market value or its book value, called intrinsic value, which is Innodata's 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 Innodata's market value can be influenced by many factors that don't directly affect Innodata's 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 Innodata's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innodata is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innodata's 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.