NASDAQ:CODX Co-Diagnostics (CODX) Stock Price, News & Analysis → World’s biggest multibillionaire investor is buying THIS by the ton [picture] (From Stansberry Research) (Ad) Free CODX Stock Alerts $1.14 0.00 (0.00%) (As of 04/25/2024 ET) Add Compare Share Share Today's Range$1.12▼$1.1750-Day Range$1.06▼$1.2752-Week Range$0.98▼$1.89Volume15,357 shsAverage Volume64,297 shsMarket Capitalization$35.64 millionP/E RatioN/ADividend YieldN/APrice Target$2.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Co-Diagnostics alerts: Email Address Co-Diagnostics MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside119.3% Upside$2.50 Price TargetShort InterestHealthy1.45% of Shares Sold ShortDividend StrengthN/ASustainability-1.10Upright™ Environmental ScoreNews Sentiment0.00Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.38 out of 5 starsMedical Sector396th out of 907 stocksSurgical & Medical Instruments Industry49th out of 96 stocks 3.0 Analyst's Opinion Consensus RatingCo-Diagnostics has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageCo-Diagnostics has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.45% of the outstanding shares of Co-Diagnostics have been sold short.Short Interest Ratio / Days to CoverCo-Diagnostics has a short interest ratio ("days to cover") of 8.Change versus previous monthShort interest in Co-Diagnostics has recently decreased by 8.76%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldCo-Diagnostics does not currently pay a dividend.Dividend GrowthCo-Diagnostics does not have a long track record of dividend growth. Previous Next 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCo-Diagnostics has received a 67.43% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Diagnostic test kits", "Infectious disease diagnostics systems", and "PCR machines" products. See details.Environmental SustainabilityThe Environmental Impact score for Co-Diagnostics is -1.10. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 3 news articles for Co-Diagnostics this week, compared to 1 article on an average week.Search Interest3 people have searched for CODX on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Co-Diagnostics to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Co-Diagnostics insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.40% of the stock of Co-Diagnostics is held by insiders.Percentage Held by InstitutionsOnly 14.99% of the stock of Co-Diagnostics is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Co-Diagnostics is -0.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Co-Diagnostics is -0.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCo-Diagnostics has a P/B Ratio of 0.41. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchWorld’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.Click here to find out what to do. About Co-Diagnostics Stock (NASDAQ:CODX)Co-Diagnostics, Inc., a molecular diagnostics company, develops, manufactures, and sells reagents used for diagnostic tests that function through the detection and/or analysis of nucleic acid molecules in the United States and internationally. The company offers Co-Dx PCR platform, a polymerase chain reaction (PCR) testing to patients in point-of-care and at-home setting. It also provides PCR diagnostic tests for COVID-19, influenza, tuberculosis, hepatitis B and C, human papillomavirus, malaria, chikungunya, dengue, and the zika virus. In addition, the company offers three multiplexed tests to test mosquitos for the identification of diseases carried by the mosquitos; molecular tools for detection of infectious diseases, liquid biopsy for cancer screening, and agricultural applications; tests that identify genetic traits in plant and animal genomes; and portable diagnostic device designed to bring PCR to patients in point-of-care and at-home settings. The company was incorporated in 2013 and is headquartered in Salt Lake City, Utah.Read More CODX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CODX Stock News HeadlinesApril 25, 2024 | prnewswire.comCo-Diagnostics, Inc. Announces First Quarter 2024 Earnings Release Date and WebcastApril 24, 2024 | prnewswire.comCo-Diagnostics, Inc. to Host Booth and Deliver Presentation at APRC 2024 in TaiwanApril 25, 2024 | Behind the Markets (Ad)Better than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.April 17, 2024 | morningstar.comCo-Diagnostics Inc Registered ShsApril 12, 2024 | prnewswire.comCo-Diagnostics, Inc. Inaugurates New Manufacturing Facility in Utah with Ribbon Cutting EventApril 4, 2024 | prnewswire.comCo-Diagnostics, Inc. Appoints New President and Other C-Level PositionsMarch 21, 2024 | prnewswire.comCo-Diagnostics, Inc. CEO Delivers Manufacturing and Commercialization Update in Conference Keynote AddressMarch 18, 2024 | prnewswire.comCo-Diagnostics, Inc. CEO to Deliver Keynote Address at MarketsandMarkets 2024 in London, EnglandApril 25, 2024 | Behind the Markets (Ad)Better than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.March 17, 2024 | uk.finance.yahoo.comA Look At The Intrinsic Value Of Edel SE & Co. KGaA (ETR:EDL)March 17, 2024 | uk.news.yahoo.comHolby City star Rosie Marcel calls for Casualty not to kill off CharlieMarch 16, 2024 | finance.yahoo.comCo-Diagnostics Full Year 2023 Earnings: Misses ExpectationsMarch 16, 2024 | finance.yahoo.comWe Think Co-Diagnostics (NASDAQ:CODX) Needs To Drive Business Growth CarefullyMarch 15, 2024 | finance.yahoo.comCo-Diagnostics, Inc. (NASDAQ:CODX) Q4 2023 Earnings Call TranscriptMarch 15, 2024 | finance.yahoo.comQ4 2023 Co-Diagnostics Inc Earnings CallMarch 15, 2024 | markets.businessinsider.comMaintaining Hold on Co-Diagnostics Amid Revenue Decline and Potential EUA BoostMarch 15, 2024 | finance.yahoo.comCODX Mar 2024 1.500 callMarch 14, 2024 | investorplace.comCODX Stock Earnings: Co-Diagnostics Misses EPS, Misses Revenue for Q4 2023March 14, 2024 | benzinga.comCo-Diagnostics: Q4 Earnings InsightsMarch 14, 2024 | prnewswire.comCo-Diagnostics, Inc. Reports Full Year 2023 Financial ResultsMarch 13, 2024 | benzinga.comEarnings Preview: Co-DiagnosticsMarch 13, 2024 | markets.businessinsider.comHere's what to expect from Co-Diagnostics's earningsMarch 7, 2024 | finance.yahoo.comCo-Diagnostics, Inc. JV CoSara Receives Clearance from Indian Regulators for Influenza Multiplex PCR TestFebruary 29, 2024 | morningstar.comCo-Diagnostics Inc Registered Shs CODXFebruary 29, 2024 | prnewswire.comCo-Diagnostics, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release Date and WebcastFebruary 15, 2024 | seekingalpha.comCODX Co-Diagnostics, Inc.February 1, 2024 | finance.yahoo.comCo-Diagnostics, Inc. Shares List of Upcoming Industry Conferences and Events for February 2024See More Headlines Receive CODX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Co-Diagnostics and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/14/2024Today4/25/2024Next Earnings (Estimated)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Surgical & medical instruments Sub-IndustryN/A Current SymbolNASDAQ:CODX CUSIPN/A CIK1692415 Webwww.codiagnostics.com Phone(801) 438-1036FaxN/AEmployees155Year FoundedN/APrice Target and Rating Average Stock Price Target$2.50 High Stock Price Target$2.50 Low Stock Price Target$2.50 Potential Upside/Downside+119.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($1.21) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-35,330,000.00 Net Margins-518.69% Pretax Margin-559.47% Return on Equity-35.37% Return on Assets-32.58% Debt Debt-to-Equity RatioN/A Current Ratio10.81 Quick Ratio10.52 Sales & Book Value Annual Sales$6.81 million Price / Sales5.23 Cash FlowN/A Price / Cash FlowN/A Book Value$2.81 per share Price / Book0.41Miscellaneous Outstanding Shares31,260,000Free Float30,510,000Market Cap$35.64 million OptionableOptionable Beta-0.68 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Dwight H. Egan (Age 71)Chairman & CEO Comp: $415.75kMr. Brian L. Brown CPA (Age 48)CFO & Company Secretary Comp: $338.92kMr. Richard David Abbott (Age 52)President Dr. Brent C. Satterfield Ph.D. (Age 47)Co-Founder & Member of Scientific Advisory Board Comp: $237.5kMr. David NielsenChief Operating OfficerMr. Dan Bohrer CPAVice President of Finance & AccountingMr. Christopher ThurstonChief Technology OfficerDr. Mark Poritz Ph.D.Chief Scientific OfficerMr. Andrew BensonHead of Investor RelationsDr. Mayuranki AlmaulaSenior Vice President of Overseas Operations & Strategic AlliancesMore ExecutivesKey CompetitorsLENSARNASDAQ:LNSRLucid DiagnosticsNASDAQ:LUCDModular MedicalNASDAQ:MODDSpectral AINASDAQ:MDAIiCADNASDAQ:ICADView All CompetitorsInstitutional OwnershipSMI Advisory Services LLCBought 20,590 shares on 4/15/2024Ownership: 0.122%View All Institutional Transactions CODX Stock Analysis - Frequently Asked Questions Should I buy or sell Co-Diagnostics stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Co-Diagnostics in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CODX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CODX, but not buy additional shares or sell existing shares. View CODX analyst ratings or view top-rated stocks. What is Co-Diagnostics' stock price target for 2024? 1 Wall Street research analysts have issued 1 year target prices for Co-Diagnostics' shares. Their CODX share price targets range from $2.50 to $2.50. On average, they anticipate the company's stock price to reach $2.50 in the next twelve months. This suggests a possible upside of 119.3% from the stock's current price. View analysts price targets for CODX or view top-rated stocks among Wall Street analysts. How have CODX shares performed in 2024? Co-Diagnostics' stock was trading at $1.33 at the start of the year. Since then, CODX shares have decreased by 14.3% and is now trading at $1.14. View the best growth stocks for 2024 here. Are investors shorting Co-Diagnostics? Co-Diagnostics saw a drop in short interest in April. As of April 15th, there was short interest totaling 453,000 shares, a drop of 8.8% from the March 31st total of 496,500 shares. Based on an average daily volume of 56,600 shares, the short-interest ratio is currently 8.0 days. View Co-Diagnostics' Short Interest. When is Co-Diagnostics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our CODX earnings forecast. How were Co-Diagnostics' earnings last quarter? Co-Diagnostics, Inc. (NASDAQ:CODX) posted its quarterly earnings data on Thursday, March, 14th. The company reported ($0.50) earnings per share for the quarter. The company earned $3.56 million during the quarter, compared to analysts' expectations of $3.63 million. Co-Diagnostics had a negative trailing twelve-month return on equity of 35.37% and a negative net margin of 518.69%. What other stocks do shareholders of Co-Diagnostics own? Based on aggregate information from My MarketBeat watchlists, some companies that other Co-Diagnostics investors own include Inovio Pharmaceuticals (INO), Novavax (NVAX), Moderna (MRNA), Vaxart (VXRT), Gilead Sciences (GILD), Sorrento Therapeutics (SRNE), iBio (IBIO), Advanced Micro Devices (AMD), Pfizer (PFE) and Johnson & Johnson (JNJ). When did Co-Diagnostics IPO? Co-Diagnostics (CODX) raised $9 million in an initial public offering (IPO) on Thursday, July 13th 2017. The company issued 1,300,000 shares at $6.35-$6.75 per share. WallachBeth Capital and Network 1 Securities acted as the underwriters for the IPO. Who are Co-Diagnostics' major shareholders? Co-Diagnostics' stock is owned by a number of retail and institutional investors. Top institutional investors include SMI Advisory Services LLC (0.12%). Insiders that own company stock include Brian Lee Brown, Eugene Durenard and Reed L Benson. View institutional ownership trends. How do I buy shares of Co-Diagnostics? Shares of CODX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:CODX) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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