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Co-Diagnostics (CODX) Competitors

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$0.36 +0.01 (+1.99%)
As of 11:55 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

CODX vs. MODD, ECOR, BDMD, TELA, DXR, APYX, MDAI, DRIO, POCI, and FEMY

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

Co-Diagnostics vs.

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

Modular Medical has higher earnings, but lower revenue than Co-Diagnostics. Modular 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
Modular MedicalN/AN/A-$17.47M-$0.53-1.97
Co-Diagnostics$3.92M3.07-$35.33M-$1.24-0.29

Modular Medical has a net margin of 0.00% compared to Co-Diagnostics' net margin of -563.93%. Co-Diagnostics' return on equity of -54.94% beat Modular Medical's return on equity.

Company Net Margins Return on Equity Return on Assets
Modular MedicalN/A -197.97% -162.31%
Co-Diagnostics -563.93%-54.94%-49.28%

27.5% of Modular Medical shares are owned by institutional investors. Comparatively, 15.0% of Co-Diagnostics shares are owned by institutional investors. 20.5% of Modular Medical shares are owned by company insiders. Comparatively, 6.1% of Co-Diagnostics shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Co-Diagnostics received 273 more outperform votes than Modular Medical when rated by MarketBeat users. However, 100.00% of users gave Modular Medical an outperform vote while only 62.93% of users gave Co-Diagnostics an outperform vote.

CompanyUnderperformOutperform
Modular MedicalOutperform Votes
2
100.00%
Underperform Votes
No Votes
Co-DiagnosticsOutperform Votes
275
62.93%
Underperform Votes
162
37.07%

In the previous week, Co-Diagnostics had 5 more articles in the media than Modular Medical. MarketBeat recorded 8 mentions for Co-Diagnostics and 3 mentions for Modular Medical. Modular Medical's average media sentiment score of 1.16 beat Co-Diagnostics' score of 0.79 indicating that Modular Medical is being referred to more favorably in the media.

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

Modular Medical has a beta of 0.33, indicating that its share price is 67% less volatile than the S&P 500. Comparatively, Co-Diagnostics has a beta of 1.21, indicating that its share price is 21% more volatile than the S&P 500.

Co-Diagnostics has a consensus price target of $5.50, indicating a potential upside of 1,436.31%. Given Co-Diagnostics' stronger consensus rating and higher possible upside, analysts plainly believe Co-Diagnostics is more favorable than Modular Medical.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Modular Medical
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Co-Diagnostics
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.00

Summary

Co-Diagnostics beats Modular Medical on 11 of the 18 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 {thisCompany.Symbol} 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-DiagnosticsSurgical & medical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$12.02M$4.37B$5.53B$7.99B
Dividend YieldN/A39.94%5.11%4.23%
P/E Ratio-0.2630.8122.6518.64
Price / Sales3.0755.50401.98103.80
Price / CashN/A51.0838.1834.62
Price / Book0.136.096.754.30
Net Income-$35.33M$68.71M$3.22B$248.44M
7 Day Performance-0.56%-0.18%1.66%1.81%
1 Month Performance9.21%-2.33%4.17%4.40%
1 Year Performance-69.92%23.51%16.17%5.97%

Co-Diagnostics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CODX
Co-Diagnostics
4.324 of 5 stars
$0.36
+2.0%
$5.50
+1,436.3%
-69.7%$12.02M$3.92M-0.26100Upcoming Earnings
Analyst Forecast
News Coverage
Gap Up
MODD
Modular Medical
1.9626 of 5 stars
$1.02
+9.7%
N/A-31.6%$41.48MN/A-1.9220Short Interest ↓
Negative News
ECOR
electroCore
2.4001 of 5 stars
$7.38
-2.5%
$25.50
+245.5%
+20.3%$40.71M$25.18M-4.0350Upcoming Earnings
News Coverage
Positive News
BDMD
Baird Medical Investment
N/A$5.95
+4.2%
N/AN/A$39.18M$33.05M0.00N/A
TELA
TELA Bio
2.9792 of 5 stars
$0.96
0.0%
$7.25
+655.8%
-78.5%$37.95M$69.30M-0.57120Upcoming Earnings
Short Interest ↓
DXR
Daxor
3.998 of 5 stars
$7.52
-4.0%
$25.00
+232.4%
-23.8%$36.37M$2.13M0.0037Gap Up
APYX
Apyx Medical
1.3954 of 5 stars
$0.90
+1.1%
N/A-27.3%$34.02M$48.10M-1.08270Upcoming Earnings
Short Interest ↑
News Coverage
Gap Down
MDAI
Spectral AI
2.9806 of 5 stars
$1.30
+3.2%
$4.75
+265.4%
-27.0%$32.91M$29.58M-2.0083Upcoming Earnings
Short Interest ↓
News Coverage
Gap Down
DRIO
DarioHealth
2.5467 of 5 stars
$0.79
-1.7%
$1.50
+90.8%
-49.6%$32.68M$27.04M-0.84200News Coverage
Positive News
POCI
Precision Optics
0.6287 of 5 stars
$4.24
-1.3%
N/A-20.7%$32.47M$18.68M-6.6280Positive News
Gap Up
High Trading Volume
FEMY
Femasys
3.4127 of 5 stars
$1.16
-5.7%
$11.50
+891.4%
-8.7%$31.49M$1.63M-1.4330Upcoming Earnings
Short Interest ↓
Gap Down

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This page (NASDAQ:CODX) was last updated on 5/1/2025 by MarketBeat.com Staff
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