Free Trial

Co-Diagnostics (CODX) Competitors

Co-Diagnostics logo
$0.26 -0.02 (-7.27%)
Closing price 04:00 PM Eastern
Extended Trading
$0.26 +0.00 (+0.39%)
As of 05:47 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

CODX vs. SPAI, APYX, MODD, TELA, COCH, BDMD, DXR, POCI, ECOR, and MDAI

Should you be buying Co-Diagnostics stock or one of its competitors? The main competitors of Co-Diagnostics include Safe Pro Group Inc. Common Stock (SPAI), Apyx Medical (APYX), Modular Medical (MODD), TELA Bio (TELA), Envoy Medical (COCH), Baird Medical Investment (BDMD), Daxor (DXR), Precision Optics (POCI), electroCore (ECOR), and Spectral AI (MDAI). These companies are all part of the "medical equipment" industry.

Co-Diagnostics vs.

Co-Diagnostics (NASDAQ:CODX) and Safe Pro Group Inc. Common Stock (NASDAQ:SPAI) are both small-cap medical companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, media sentiment, dividends, valuation, profitability, community ranking, institutional ownership, earnings and analyst recommendations.

Co-Diagnostics presently has a consensus price target of $5.50, indicating a potential upside of 2,007.28%. Given Co-Diagnostics' stronger consensus rating and higher possible upside, equities research analysts clearly believe Co-Diagnostics is more favorable than Safe Pro Group Inc. Common Stock.

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
Safe Pro Group Inc. Common Stock
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Co-Diagnostics received 275 more outperform votes than Safe Pro Group Inc. Common Stock when rated by MarketBeat users.

CompanyUnderperformOutperform
Co-DiagnosticsOutperform Votes
275
62.93%
Underperform Votes
162
37.07%
Safe Pro Group Inc. Common StockN/AN/A

Safe Pro Group Inc. Common Stock has lower revenue, but higher earnings than Co-Diagnostics. Safe Pro Group Inc. Common Stock 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$3.71M2.36-$35.33M-$1.17-0.22
Safe Pro Group Inc. Common Stock$2.17M20.27-$12.29M-$0.81-3.58

In the previous week, Co-Diagnostics had 3 more articles in the media than Safe Pro Group Inc. Common Stock. MarketBeat recorded 5 mentions for Co-Diagnostics and 2 mentions for Safe Pro Group Inc. Common Stock. Safe Pro Group Inc. Common Stock's average media sentiment score of 0.82 beat Co-Diagnostics' score of 0.63 indicating that Safe Pro Group Inc. Common Stock is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Co-Diagnostics
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Safe Pro Group Inc. Common Stock
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Safe Pro Group Inc. Common Stock has a net margin of 0.00% compared to Co-Diagnostics' net margin of -563.93%. Safe Pro Group Inc. Common Stock's return on equity of 0.00% beat Co-Diagnostics' return on equity.

Company Net Margins Return on Equity Return on Assets
Co-Diagnostics-563.93% -54.94% -49.28%
Safe Pro Group Inc. Common Stock N/A N/A N/A

15.0% of Co-Diagnostics shares are owned by institutional investors. 8.4% of Co-Diagnostics shares are owned by insiders. Comparatively, 54.8% of Safe Pro Group Inc. Common Stock shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Co-Diagnostics beats Safe Pro Group Inc. Common Stock on 9 of the 17 factors compared between the two stocks.

Get Co-Diagnostics News Delivered to You Automatically

Sign up to receive the latest news and ratings for CODX and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

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.
Skip Chart

CODX vs. The Competition

MetricCo-DiagnosticsSurgical & medical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$8.76M$4.53B$5.40B$8.53B
Dividend YieldN/A43.64%5.22%4.11%
P/E Ratio-0.1929.8126.7419.97
Price / Sales2.3669.35394.93122.22
Price / CashN/A51.0838.2534.62
Price / Book0.096.306.874.59
Net Income-$35.33M$68.16M$3.23B$248.18M
7 Day Performance-24.24%19.37%5.01%2.15%
1 Month Performance-26.52%24.14%12.82%16.14%
1 Year Performance-76.27%22.10%17.63%8.06%

Co-Diagnostics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CODX
Co-Diagnostics
4.2265 of 5 stars
$0.26
-7.3%
$5.50
+2,056.9%
-75.0%$8.56M$3.71M-0.18100Gap Up
High Trading Volume
SPAI
Safe Pro Group Inc. Common Stock
N/A$2.97
+1.2%
N/AN/A$45M$2.17M0.0011Earnings Report
Gap Down
APYX
Apyx Medical
0.7704 of 5 stars
$1.11
-4.7%
N/A-6.9%$41.76M$48.10M-1.33270
MODD
Modular Medical
0.8682 of 5 stars
$1.02
+2.0%
N/A-48.1%$41.48MN/A-1.9220
TELA
TELA Bio
1.8961 of 5 stars
$1.01
-6.5%
$7.25
+617.8%
-78.8%$39.95M$69.30M-0.60120
COCH
Envoy Medical
1.7404 of 5 stars
$1.67
-1.5%
$9.13
+448.0%
-46.9%$35.51M$212,000.00-1.2134
BDMD
Baird Medical Investment
N/A$5.35
+3.3%
N/AN/A$35.22M$33.05M0.00N/A
DXR
Daxor
3.8148 of 5 stars
$7.26
-6.3%
$25.00
+244.4%
-21.5%$35.12M$2.13M0.0037
POCI
Precision Optics
0.6709 of 5 stars
$4.58
-1.1%
N/A-32.6%$35.11M$18.68M-7.1680Earnings Report
Gap Down
High Trading Volume
ECOR
electroCore
2.8968 of 5 stars
$4.82
+3.7%
$25.50
+429.0%
-24.0%$34.67M$25.18M-2.6350Positive News
Gap Down
High Trading Volume
MDAI
Spectral AI
2.9187 of 5 stars
$1.36
+9.7%
$4.75
+249.3%
-26.1%$34.43M$29.58M-2.0983Positive News
Analyst Revision
Gap Up

Related Companies and Tools


This page (NASDAQ:CODX) was last updated on 5/21/2025 by MarketBeat.com Staff
From Our Partners