Is Codexis Stock a Good Investment?
Codexis Investment Advice | CDXS |
- Examine Codexis' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Codexis' leadership team and their track record. Good management can help Codexis navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Life Sciences Tools & Services space and any emerging trends that could impact Codexis' business and its evolving consumer preferences.
- Compare Codexis' performance and market position to its competitors. Analyze how Codexis is positioned in terms of product offerings, innovation, and market share.
- Check if Codexis pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Codexis' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Codexis stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Codexis is a good investment.
Sell | Buy |
Strong Sell
Market Performance | OK | Details | |
Volatility | Risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Very Weak | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Codexis Stock
Researching Codexis' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 84.0% of the company shares are held by institutions such as insurance companies. The book value of Codexis was currently reported as 0.6. The company recorded a loss per share of 0.98. Codexis had not issued any dividends in recent years.
To determine if Codexis is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Codexis' research are outlined below:
| Codexis appears to be risky and price may revert if volatility continues | |
| Codexis has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 59.34 M. Net Loss for the year was (65.28 M) with loss before overhead, payroll, taxes, and interest of (12.31 M). | |
| Codexis currently holds about 90.11 M in cash with (49.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.38. | |
| Codexis has a very weak financial position based on the latest SEC disclosures | |
| Over 84.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Analysts Offer Insights on Healthcare Companies Dexcom , Perspective Therapeutics and Codexis - The Globe and Mail |
Codexis Quarterly Good Will |
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Codexis uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Codexis. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Codexis' 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.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Codexis' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Codexis' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2019-05-06 | 2019-03-31 | -0.1 | -0.09 | 0.01 | 10 | ||
2016-03-03 | 2015-12-31 | -0.04 | -0.05 | -0.01 | 25 | ||
2024-05-02 | 2024-03-31 | -0.18 | -0.16 | 0.02 | 11 | ||
2024-02-28 | 2023-12-31 | -0.12 | -0.1 | 0.02 | 16 | ||
2020-05-07 | 2020-03-31 | -0.15 | -0.13 | 0.02 | 13 | ||
2019-08-06 | 2019-06-30 | -0.1 | -0.12 | -0.02 | 20 | ||
2019-02-26 | 2018-12-31 | -0.03 | -0.01 | 0.02 | 66 | ||
2018-05-10 | 2018-03-31 | -0.12 | -0.1 | 0.02 | 16 |
Codexis Target Price Consensus
Codexis target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Codexis' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 7 | Strong Buy |
Most Codexis analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Codexis stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Codexis, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationCodexis Target Price Projection
Codexis' current and average target prices are 2.77 and 7.08, respectively. The current price of Codexis is the price at which Codexis is currently trading. On the other hand, Codexis' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Codexis Target Price
Codexis Analyst Ratings
Codexis' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Codexis stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Codexis' financials, market performance, and future outlook by experienced professionals. Codexis' historical ratings below, therefore, can serve as a valuable tool for investors.Know Codexis' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Codexis is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Codexis backward and forwards among themselves. Codexis' institutional investor refers to the entity that pools money to purchase Codexis' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Pier Capital, Llc | 2025-03-31 | 1.7 M | State Street Corp | 2025-03-31 | 1.6 M | Nuveen, Llc | 2025-03-31 | 1.2 M | Federated Hermes Inc | 2025-03-31 | 1.1 M | Jacobs Levy Equity Management, Inc. | 2025-03-31 | 1.1 M | Northern Trust Corp | 2025-03-31 | 663 K | Renaissance Technologies Corp | 2025-03-31 | 650.8 K | Aberdeen Group Plc | 2025-03-31 | 606.3 K | Assenagon Asset Management Sa | 2025-03-31 | 602.3 K | Opaleye Management Inc | 2025-03-31 | 9.5 M | Casdin Capital, Llc | 2025-03-31 | 8.1 M |
Codexis' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 232.79 M.Codexis' profitablity analysis
The company has Profit Margin (PM) of (1.49) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (2.72) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $2.72.Determining Codexis' profitability involves analyzing its financial statements and using various financial metrics to determine if Codexis is a good buy. For example, gross profit margin measures Codexis' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Codexis' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Codexis' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Codexis. Check Codexis' Beneish M Score to see the likelihood of Codexis' management manipulating its earnings.
Evaluate Codexis' management efficiency
Codexis has return on total asset (ROA) of (0.3006) % which means that it has lost $0.3006 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.1553) %, meaning that it created substantial loss on money invested by shareholders. Codexis' management efficiency ratios could be used to measure how well Codexis manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Codexis' Other Current Assets are comparatively stable compared to the past year. Net Tangible Assets is likely to gain to about 170.9 M in 2025, whereas Total Assets are likely to drop slightly above 126.2 M in 2025.The management strategies employed by Codexis' are designed to enhance shareholder value and ensure long-term growth. We assess the effectiveness of these strategies in our stock analysis.
Beta 2.532 |
Basic technical analysis of Codexis Stock
As of the 3rd of July, Codexis shows the risk adjusted performance of 0.0455, and Mean Deviation of 3.56. Codexis 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. Please confirm Codexis market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Codexis is priced correctly, providing market reflects its regular price of 2.77 per share. Please also double-check Codexis total risk alpha, which is currently at (0.21) to validate the company can sustain itself at a future point.Codexis' 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 Codexis insiders, such as employees or executives, is commonly permitted as long as it does not rely on Codexis' 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 Codexis 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.
Codexis' Outstanding Corporate Bonds
Codexis issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Codexis uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Codexis bonds can be classified according to their maturity, which is the date when Codexis has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand Codexis' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Codexis' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0455 | |||
| Market Risk Adjusted Performance | 0.0663 | |||
| Mean Deviation | 3.56 | |||
| Semi Deviation | 3.99 | |||
| Downside Deviation | 4.18 | |||
| Coefficient Of Variation | 4205.87 | |||
| Standard Deviation | 4.98 | |||
| Variance | 24.83 | |||
| Information Ratio | 7.0E-4 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 8.0E-4 | |||
| Treynor Ratio | 0.0563 | |||
| Maximum Drawdown | 27.22 | |||
| Value At Risk | (6.99) | |||
| Potential Upside | 7.89 | |||
| Downside Variance | 17.46 | |||
| Semi Variance | 15.88 | |||
| Expected Short fall | (4.17) | |||
| Skewness | 1.1 | |||
| Kurtosis | 2.79 |
| Risk Adjusted Performance | 0.0455 | |||
| Market Risk Adjusted Performance | 0.0663 | |||
| Mean Deviation | 3.56 | |||
| Semi Deviation | 3.99 | |||
| Downside Deviation | 4.18 | |||
| Coefficient Of Variation | 4205.87 | |||
| Standard Deviation | 4.98 | |||
| Variance | 24.83 | |||
| Information Ratio | 7.0E-4 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 8.0E-4 | |||
| Treynor Ratio | 0.0563 | |||
| Maximum Drawdown | 27.22 | |||
| Value At Risk | (6.99) | |||
| Potential Upside | 7.89 | |||
| Downside Variance | 17.46 | |||
| Semi Variance | 15.88 | |||
| Expected Short fall | (4.17) | |||
| Skewness | 1.1 | |||
| Kurtosis | 2.79 |
Consider Codexis' intraday indicators
Codexis intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Codexis stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Codexis time-series forecasting models is one of many Codexis' stock analysis techniques 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 Codexis' 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 market movement and maximize returns from investment trading.
Codexis Stock media impact
There is far too much social signal, news, headlines, and media speculation about Codexis that are available to investors today. This information is accessible both publicly - through Codexis' media outlets and privately, via word of mouth or internal channels. However, regardless of the source, the sheer volume of Codexis-related data is difficult to distill into actionable insights, especially for investors who are not well-versed in the rapidly evolving tools and techniques of investment management.
A primary focus of Codexis news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Codexis relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Codexis' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Codexis alpha.
Codexis Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Codexis can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Codexis Historical Investor Sentiment
Investor biases related to Codexis' public news can be used to forecast risks associated with an investment in Codexis. The trend in average sentiment can be used to explain how an investor holding Codexis can time the market purely based on public headlines and social activities around Codexis. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Codexis' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Codexis and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Codexis news discussions. The higher the estimate score, the more favorable the investor's outlook on Codexis.
Codexis Corporate Management
| Sriram MBA | Chief Officer | Profile | |
| Georgia Erbez | Chief Officer | Profile | |
| MBA Taylor | VP CFO | Profile | |
| Asli Aras | VP Devel | Profile | |
| Margaret JD | General Officer | Profile | |
| John Schiffhauer | Senior Property | Profile |
Additional Tools for Codexis Stock Analysis
When running Codexis' price analysis, check to measure Codexis' 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 Codexis is operating at the current time. Most of Codexis' value examination focuses on studying past and present price action to predict the probability of Codexis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Codexis' price. Additionally, you may evaluate how the addition of Codexis to your portfolios can decrease your overall portfolio volatility.