NASDAQ:CODX Co-Diagnostics (CODX) Stock Price, News & Analysis → The Overlooked Retirement Asset You Probably Don’t Own (From Crypto 101 Media) (Ad) Free CODX Stock Alerts $1.09 -0.05 (-4.39%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$1.09▼$1.1750-Day Range$1.06▼$1.2752-Week Range$0.98▼$1.89Volume58,800 shsAverage Volume46,642 shsMarket Capitalization$34.10 millionP/E RatioN/ADividend YieldN/APrice Target$2.00 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/Downside83.5% Upside$2.00 Price TargetShort InterestBearish1.45% of Shares Sold ShortDividend StrengthN/ASustainability-1.10Upright™ Environmental ScoreNews Sentiment-0.17Based on 12 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.33) to ($1.15) 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.3.45 out of 5 starsMedical Sector296th out of 920 stocksSurgical & Medical Instruments Industry42nd out of 99 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.Read more about Co-Diagnostics' stock forecast and price target. Previous Next 2.0 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 increased by 0.38%, indicating that investor sentiment is decreasing. 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 1.6 News and Social Media Coverage News SentimentCo-Diagnostics has a news sentiment score of -0.17. 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 lower news sentiment than the 0.42 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Co-Diagnostics this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for CODX on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows1 people have added Co-Diagnostics to their MarketBeat watchlist in the last 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.Read more about Co-Diagnostics' insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Co-Diagnostics are expected to grow in the coming year, from ($1.33) to ($1.15) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Co-Diagnostics is -0.83, 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 -0.83, 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 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Co-Diagnostics' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad True Market Insidersget a piece of the profit from this land This isn’t the prettiest land on earth. But it might be the most valuable. And you don’t have to own, lease, or rent any land.Click here to see my #1 investment for 2024. 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 HeadlinesMay 16 at 1:46 AM | americanbankingnews.comEquities Analysts Issue Forecasts for Co-Diagnostics, Inc.'s Q2 2024 Earnings (NASDAQ:CODX)May 15, 2024 | americanbankingnews.comBrokers Set Expectations for Co-Diagnostics, Inc.'s Q1 2025 Earnings (NASDAQ:CODX)May 15, 2024 | americanbankingnews.comCo-Diagnostics (NASDAQ:CODX) Price Target Cut to $2.00 by Analysts at HC WainwrightMay 14, 2024 | americanbankingnews.comBiotricity (NASDAQ:BTCY) versus Co-Diagnostics (NASDAQ:CODX) Critical ReviewMay 13, 2024 | finance.yahoo.comCo-Diagnostics First Quarter 2024 Earnings: Misses ExpectationsMay 10, 2024 | finance.yahoo.comCo-Diagnostics, Inc. (NASDAQ:CODX) Q1 2024 Earnings Call TranscriptMay 9, 2024 | investorplace.comCODX Stock Earnings: Co-Diagnostics Misses EPS, Misses Revenue for Q1 2024May 9, 2024 | prnewswire.comCo-Diagnostics, Inc. Reports First Quarter 2024 Financial ResultsApril 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 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, EnglandMarch 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 InsightsSee 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 Earnings5/09/2024Today5/19/2024Next Earnings (Estimated)8/08/2024Fiscal 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$2.00 High Stock Price Target$2.00 Low Stock Price Target$2.00 Potential Upside/Downside+83.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($1.32) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-35,330,000.00 Net Margins-582.36% Pretax Margin-589.77% Return on Equity-42.35% Return on Assets-38.55% Debt Debt-to-Equity RatioN/A Current Ratio10.19 Quick Ratio9.90 Sales & Book Value Annual Sales$6.81 million Price / Sales5.01 Cash FlowN/A Price / Cash FlowN/A Book Value$2.51 per share Price / Book0.43Miscellaneous Outstanding Shares31,280,000Free Float30,527,000Market Cap$34.10 million OptionableOptionable Beta-0.65 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. 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 CompetitorsAkiliNASDAQ:AKLIGBSNYSE:GBSRetractable TechnologiesNYSE:RVPModular MedicalNASDAQ:MODDFemasysNASDAQ:FEMYView 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 twelve months. 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 brokers have issued twelve-month target prices for Co-Diagnostics' stock. Their CODX share price targets range from $2.00 to $2.00. On average, they predict the company's stock price to reach $2.00 in the next twelve months. This suggests a possible upside of 83.5% 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 18.0% and is now trading at $1.09. View the best growth stocks for 2024 here. When is Co-Diagnostics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 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, May, 9th. The company reported ($0.31) EPS for the quarter, missing analysts' consensus estimates of ($0.21) by $0.10. The company earned $0.47 million during the quarter, compared to analysts' expectations of $3.10 million. Co-Diagnostics had a negative net margin of 582.36% and a negative trailing twelve-month return on equity of 42.35%. During the same quarter in the previous year, the business posted ($0.20) earnings per share. 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 a price of $6.35-$6.75 per share. WallachBeth Capital and Network 1 Securities served as the underwriters for the IPO. Who are Co-Diagnostics' major shareholders? Co-Diagnostics' stock is owned by a variety of institutional and retail investors. Top institutional investors include SMI Advisory Services LLC (0.12%) and Concourse Financial Group Securities Inc. (0.00%). 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 5/19/2024 by MarketBeat.com Staff From Our PartnersCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingDems have chosen Biden replacement?Paradigm PressShocking $16T Elon Musk Crypto LeakCrypto 101 Media[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the MarketsBuy this small stock before coming AI Tidal WaveChaikin AnalyticsExposed: 10 CENT Crypto to Explode May 20th?True Market Insiders41 banks launch ‘crypto dollar’Stansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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