NASDAQ:CDXS Codexis (CDXS) Stock Price, News & Analysis → Are You Positioned For The New Energy Goldrush? (From Wealthpin Pro) (Ad) Free CDXS Stock Alerts $3.38 -0.02 (-0.59%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range$3.30▼$3.4450-Day Range$2.65▼$3.9252-Week Range$1.45▼$4.91Volume539,228 shsAverage Volume543,982 shsMarket Capitalization$238.49 millionP/E RatioN/ADividend YieldN/APrice Target$7.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Codexis alerts: Email Address Codexis MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside121.9% Upside$7.50 Price TargetShort InterestHealthy3.26% of Shares Sold ShortDividend StrengthN/ASustainability-3.67Upright™ Environmental ScoreNews Sentiment1.07Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($0.61) to ($0.64) Per ShareSee 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.3.68 out of 5 starsMedical Sector246th out of 929 stocksIndustrial Organic Chemicals Industry4th out of 17 stocks 3.4 Analyst's Opinion Consensus RatingCodexis has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageCodexis has only been the subject of 2 research reports in the past 90 days.Read more about Codexis' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.26% of the outstanding shares of Codexis have been sold short.Short Interest Ratio / Days to CoverCodexis has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Codexis has recently decreased by 4.17%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldCodexis does not currently pay a dividend.Dividend GrowthCodexis does not have a long track record of dividend growth. Previous Next 2.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCodexis has received a 14.84% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Industrial enzymes for pharmaceuticals", "Biochemical assay kits", and "Medical technology engineering" products. See details.Environmental SustainabilityThe Environmental Impact score for Codexis is -3.67. Previous Next 2.8 News and Social Media Coverage News SentimentCodexis has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.83 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Codexis this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for CDXS on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Codexis to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Codexis insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.10% of the stock of Codexis is held by insiders.Percentage Held by Institutions78.54% of the stock of Codexis is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Codexis' insider trading history. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Codexis are expected to decrease in the coming year, from ($0.61) to ($0.64) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Codexis is -3.63, 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 Codexis is -3.63, 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 RatioCodexis has a P/B Ratio of 3.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Codexis' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad True Market InsidersExposed: 10 CENT Crypto to Explode May 20th?Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…Click For My #1 FREE Crypto for 2024 About Codexis Stock (NASDAQ:CDXS)Codexis, Inc. discovers, develops, and sells enzymes and other proteins. The company operates through two segments, Performance Enzymes and Novel Biotherapeutics. It offers biocatalyst products and services. The company also provides biocatalyst screening and protein engineering services. In addition, it offers CodeEvolver, a technology platform, which helps in developing and delivering biocatalysts that perform chemical transformations and enhance the efficiency and productivity of manufacturing processes. The company's platform is also used for molecular biology and in vitro diagnostic enzymes. It has a collaboration agreement with Nestlé Health Science to develop CDX-7108 for the treatment of exocrine pancreatic insufficiency. The company sells its products to pharmaceutical manufacturers through its direct sales and business development force in the United States and Europe. The company was incorporated in 2002 and is headquartered in Redwood City, California.Read More CDXS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CDXS Stock News HeadlinesMay 31 at 5:50 AM | americanbankingnews.comCodexis (NASDAQ:CDXS) Coverage Initiated at Cantor FitzgeraldMay 22, 2024 | globenewswire.comCodexis to Participate in Jefferies Global Healthcare ConferenceMay 20, 2024 | markets.businessinsider.comStifel Nicolaus Reaffirms Their Buy Rating on Codexis (CDXS)May 20, 2024 | globenewswire.comCodexis to Participate in TD Cowen 2nd Annual Sustainability WeekMay 14, 2024 | globenewswire.comCodexis Presents Groundbreaking Enzymatic Synthesis Data at TIDES USA Annual MeetingMay 4, 2024 | finance.yahoo.comCodexis First Quarter 2024 Earnings: Beats ExpectationsMay 3, 2024 | finance.yahoo.comCodexis Inc (CDXS) Q1 2024 Earnings Call Transcript Highlights: Strong Revenue Growth and ...May 3, 2024 | finance.yahoo.comCodexis, Inc. (NASDAQ:CDXS) Q1 2024 Earnings Call TranscriptMay 2, 2024 | finance.yahoo.comCodexis Inc (CDXS) Q1 2024 Earnings: Surpasses Revenue Forecasts with Strategic AdvancesMay 1, 2024 | markets.businessinsider.comHere's what to expect from Codexis's earningsMay 1, 2024 | msn.comCodexis Q1 2024 Earnings PreviewApril 26, 2024 | finance.yahoo.comWith 74% institutional ownership, Codexis, Inc. (NASDAQ:CDXS) is a favorite amongst the big gunsApril 19, 2024 | finance.yahoo.comCodexis, Inc. (CDXS)April 18, 2024 | globenewswire.comCodexis to Report First Quarter 2024 Financial Results on May 2April 11, 2024 | globenewswire.comCodexis Appoints Carole Cobb, MBA, to Strategic Advisory BoardMarch 30, 2024 | finance.yahoo.comFavourable Signals For Codexis: Numerous Insiders Acquired StockMarch 19, 2024 | seekingalpha.comAQST,CDXS and STI are among after hour moversMarch 1, 2024 | msn.comBenchmark raises Codexis to buy; cites Q4 earnings, guidanceMarch 1, 2024 | msn.comBenchmark Upgrades Codexis (CDXS)February 29, 2024 | markets.businessinsider.comStifel Nicolaus Keeps Their Buy Rating on Codexis (CDXS)February 29, 2024 | finance.yahoo.comCodexis, Inc. (NASDAQ:CDXS) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | finanznachrichten.deCodexis, Inc.: Codexis Reports Fourth Quarter and Fiscal Year 2023 Financial ResultsFebruary 29, 2024 | finance.yahoo.comQ4 2023 Codexis Inc Earnings CallFebruary 28, 2024 | benzinga.comRecap: Codexis Q4 EarningsFebruary 28, 2024 | msn.comCodexis GAAP EPS of -$0.10 beats by $0.04, revenue of $26.56M beats by $7.63MSee More Headlines Receive CDXS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Codexis and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/02/2024Today5/31/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Industrial organic chemicals Sub-IndustryBiotechnology Current SymbolNASDAQ:CDXS CUSIP19200510 CIK1200375 Webwww.codexis.com Phone(650) 421-8100Fax650-421-8102Employees174Year FoundedN/APrice Target and Rating Average Stock Price Target$7.50 High Stock Price Target$11.00 Low Stock Price Target$4.00 Potential Upside/Downside+121.9%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.93) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-76,240,000.00 Net Margins-87.73% Pretax Margin-87.65% Return on Equity-41.76% Return on Assets-24.61% Debt Debt-to-Equity Ratio0.35 Current Ratio3.71 Quick Ratio3.63 Sales & Book Value Annual Sales$74.23 million Price / Sales3.21 Cash FlowN/A Price / Cash FlowN/A Book Value$1.12 per share Price / Book3.02Miscellaneous Outstanding Shares70,558,000Free Float69,076,000Market Cap$238.49 million OptionableOptionable Beta2.04 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesDr. Stephen George Dilly MBBS (Age 64)Ph.D., President, CEO & Director Comp: $1.88MMr. Sriram Ryali M.B.A. (Age 43)Chief Financial Officer Comp: $770.45kMr. Kevin Norrett M.B.A. (Age 51)M.S., Chief Operating Officer Comp: $739.56kCarrie McKimDirector of Investor RelationsMs. Margaret Nell Fitzgerald J.D. (Age 53)Chief Legal & Compliance Officer, General Counsel and Secretary Comp: $300.03kMs. Karen Frechou-ArmijoSenior VP & Head of Human ResourcesDr. Stefan Lutz Ph.D.Senior Vice President of ResearchMr. Robert Sato M.B.A.Ph.D., Senior Vice President of Pharmaceutical Development, Quality & RegulatoryMore ExecutivesKey CompetitorsFutureFuelNYSE:FFLexicon PharmaceuticalsNASDAQ:LXRXVanda PharmaceuticalsNASDAQ:VNDAXOMANASDAQ:XOMAAgenusNASDAQ:AGENView All CompetitorsInsiders & InstitutionsOpaleye Management Inc.Bought 74,475 shares on 5/29/2024Ownership: 4.422%Jacobs Levy Equity Management Inc.Sold 321,312 shares on 5/16/2024Ownership: 1.483%Kent Lake Capital LLCBought 629,399 shares on 5/16/2024Ownership: 0.892%Public Employees Retirement System of OhioSold 6,927 shares on 5/15/2024Ownership: 0.042%Platinum Investment Management Ltd.Bought 229,667 shares on 5/14/2024Ownership: 0.325%View All Insider TransactionsView All Institutional Transactions CDXS Stock Analysis - Frequently Asked Questions Should I buy or sell Codexis stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Codexis in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CDXS shares. View CDXS analyst ratings or view top-rated stocks. What is Codexis' stock price target for 2024? 6 equities research analysts have issued 1-year price objectives for Codexis' shares. Their CDXS share price targets range from $4.00 to $11.00. On average, they predict the company's share price to reach $7.50 in the next twelve months. This suggests a possible upside of 121.9% from the stock's current price. View analysts price targets for CDXS or view top-rated stocks among Wall Street analysts. How have CDXS shares performed in 2024? Codexis' stock was trading at $3.05 at the beginning of 2024. Since then, CDXS shares have increased by 10.8% and is now trading at $3.38. View the best growth stocks for 2024 here. When is Codexis' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our CDXS earnings forecast. How were Codexis' earnings last quarter? Codexis, Inc. (NASDAQ:CDXS) posted its quarterly earnings data on Thursday, May, 2nd. The biotechnology company reported ($0.16) earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.01. The biotechnology company had revenue of $17.07 million for the quarter, compared to analysts' expectations of $14.06 million. Codexis had a negative net margin of 87.73% and a negative trailing twelve-month return on equity of 41.76%. What ETF holds Codexis' stock? Jacob Forward ETF holds 10,662 shares of CDXS stock, representing 1.20% of its portfolio. What guidance has Codexis issued on next quarter's earnings? Codexis updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $56.0 million-$64.0 million, compared to the consensus revenue estimate of $65.4 million. What is John J. Nicols' approval rating as Codexis' CEO? 25 employees have rated Codexis Chief Executive Officer John J. Nicols on Glassdoor.com. John J. Nicols has an approval rating of 68% among the company's employees. What other stocks do shareholders of Codexis own? Based on aggregate information from My MarketBeat watchlists, some companies that other Codexis investors own include Advanced Micro Devices (AMD), Sorrento Therapeutics (SRNE), AbbVie (ABBV), Micron Technology (MU), Enphase Energy (ENPH), Intellia Therapeutics (NTLA), NVIDIA (NVDA), OPKO Health (OPK) and Antares Pharma (ATRS). Who are Codexis' major shareholders? Codexis' stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.03%), Baillie Gifford & Co. (4.88%), Opaleye Management Inc. (4.42%), Jacobs Levy Equity Management Inc. (1.48%), Acadian Asset Management LLC (1.10%) and Kent Lake Capital LLC (0.89%). Insiders that own company stock include Byron L Dorgan, Dennis P Wolf, John J Nicols, Kevin Norrett, Margaret Nell Fitzgerald, Patrick Y Yang, Sriram Ryali and Stephen George Dilly. View institutional ownership trends. How do I buy shares of Codexis? Shares of CDXS 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:CDXS) was last updated on 5/31/2024 by MarketBeat.com Staff From Our PartnersExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersShocking $16T Elon Musk Crypto LeakCrypto 101 MediaThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarGold Set to EXPLODE!Gold Safe ExchangeMust-See: Elon’s New Invention is Absolutely InsaneInvestorPlaceWrite this ticker symbol down…StocksToTradeDo This Before July 30 2024 To Claim Trump’s Gift Wealthpin ProA once-in-a-century profit opportunity?Digital Mavericks Media Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Codexis, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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