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Co-Diagnostics (CODX) Competitors

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$0.25 0.00 (-1.91%)
Closing price 08/7/2025 04:00 PM Eastern
Extended Trading
$0.25 +0.00 (+1.34%)
As of 08:48 AM Eastern
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CODX vs. COCH, VVOS, CLGN, FEMY, DRIO, PETV, RVP, IRIX, ALUR, and NXGL

Should you be buying Co-Diagnostics stock or one of its competitors? The main competitors of Co-Diagnostics include Envoy Medical (COCH), Vivos Therapeutics (VVOS), CollPlant Biotechnologies (CLGN), Femasys (FEMY), DarioHealth (DRIO), PetVivo (PETV), Retractable Technologies (RVP), IRIDEX (IRIX), Allurion Technologies (ALUR), and NexGel (NXGL). These companies are all part of the "medical equipment" industry.

Co-Diagnostics vs. Its Competitors

Co-Diagnostics (NASDAQ:CODX) and Envoy Medical (NASDAQ:COCH) are both small-cap medical companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, earnings, media sentiment, profitability, dividends, risk and institutional ownership.

Co-Diagnostics has a net margin of -1,025.45% compared to Envoy Medical's net margin of -10,961.26%. Envoy Medical's return on equity of 0.00% beat Co-Diagnostics' return on equity.

Company Net Margins Return on Equity Return on Assets
Co-Diagnostics-1,025.45% -60.16% -52.69%
Envoy Medical -10,961.26%N/A -236.14%

Co-Diagnostics has a beta of 0.51, suggesting that its share price is 49% less volatile than the S&P 500. Comparatively, Envoy Medical has a beta of 2.21, suggesting that its share price is 121% more volatile than the S&P 500.

Co-Diagnostics currently has a consensus target price of $5.50, suggesting a potential upside of 2,129.43%. Envoy Medical has a consensus target price of $9.25, suggesting a potential upside of 529.25%. Given Co-Diagnostics' higher probable upside, equities research analysts clearly believe Co-Diagnostics is more favorable than Envoy Medical.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Co-Diagnostics
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.00
Envoy Medical
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

Envoy Medical has lower revenue, but higher earnings than Co-Diagnostics. Envoy Medical is trading at a lower price-to-earnings ratio than Co-Diagnostics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Co-Diagnostics$3.91M2.12-$37.64M-$1.17-0.21
Envoy Medical$220K142.52-$20.80M-$1.43-1.03

In the previous week, Co-Diagnostics had 1 more articles in the media than Envoy Medical. MarketBeat recorded 2 mentions for Co-Diagnostics and 1 mentions for Envoy Medical. Co-Diagnostics' average media sentiment score of -0.33 beat Envoy Medical's score of -1.00 indicating that Co-Diagnostics is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Co-Diagnostics
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Envoy Medical
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Negative

15.0% of Co-Diagnostics shares are held by institutional investors. Comparatively, 8.6% of Envoy Medical shares are held by institutional investors. 8.4% of Co-Diagnostics shares are held by insiders. Comparatively, 58.9% of Envoy Medical shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

Co-Diagnostics beats Envoy Medical on 10 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CODX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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CODX vs. The Competition

MetricCo-DiagnosticsMedical Services IndustryMedical SectorNASDAQ Exchange
Market Cap$8.44M$7.13B$5.42B$9.56B
Dividend YieldN/A2.83%3.99%4.14%
P/E Ratio-0.2162.8629.9025.14
Price / Sales2.1226.91372.1776.15
Price / CashN/A26.5935.9458.58
Price / Book0.1517.548.105.59
Net Income-$37.64M$239.96M$3.26B$265.48M
7 Day Performance-0.60%1.08%0.65%1.22%
1 Month Performance-11.96%-3.72%2.43%0.39%
1 Year Performance-75.81%22.84%27.70%23.47%

Co-Diagnostics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CODX
Co-Diagnostics
3.9697 of 5 stars
$0.25
-1.9%
$5.50
+2,129.4%
-76.9%$8.44M$3.91M-0.21100News Coverage
Upcoming Earnings
COCH
Envoy Medical
1.981 of 5 stars
$1.43
-1.0%
$9.25
+546.9%
-35.8%$30.82M$220K-1.0034Negative News
Upcoming Earnings
VVOS
Vivos Therapeutics
0.4357 of 5 stars
$4.76
-8.1%
$4.82
+1.2%
+120.5%$30.51M$15.03M-2.75160Upcoming Earnings
CLGN
CollPlant Biotechnologies
1.5431 of 5 stars
$2.25
-1.7%
$11.50
+411.1%
-36.8%$29.13M$510K-1.8470
FEMY
Femasys
2.8203 of 5 stars
$0.81
-1.4%
$8.67
+972.2%
-16.0%$26.66M$1.70M-0.8930Upcoming Earnings
DRIO
DarioHealth
1.4477 of 5 stars
$0.55
+0.0%
$2.00
+263.6%
-43.4%$25.03M$27.04M-0.98200Upcoming Earnings
PETV
PetVivo
N/A$0.80
-1.0%
N/A+55.6%$22.00M$1.05M-1.7820News Coverage
Upcoming Earnings
Gap Up
RVP
Retractable Technologies
2.8989 of 5 stars
$0.73
-1.7%
N/A-26.8%$21.86M$33.75M-1.35240Positive News
IRIX
IRIDEX
0.3484 of 5 stars
$1.32
+3.1%
N/A-30.8%$21.49M$48.67M-3.07120Upcoming Earnings
Gap Up
ALUR
Allurion Technologies
1.9899 of 5 stars
$2.85
+2.9%
$22.83
+701.2%
-85.2%$20.62M$32.11M-0.23501Upcoming Earnings
NXGL
NexGel
0.5328 of 5 stars
$2.60
+1.2%
N/A-5.4%$19.67M$8.69M-5.7810News Coverage
Positive News

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This page (NASDAQ:CODX) was last updated on 8/8/2025 by MarketBeat.com Staff
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