Is Codexis Stock a Good Investment?
Codexis Investment Advice | CDXS |
- Examine Codexis' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Codexis' leadership team and their track record. Good management can help Codexis navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Life Sciences Tools & Services space and any emerging trends that could impact Codexis' business and its evolving consumer preferences.
- Compare Codexis' performance and market position to its competitors. Analyze how Codexis is positioned in terms of product offerings, innovation, and market share.
- Check if Codexis pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Codexis' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Codexis stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Codexis is a good investment.
Sell | Buy |
Strong Sell
Market Performance | OK | Details | |
Volatility | Very risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Codexis Stock
Researching Codexis' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 84.0% of the company shares are held by institutions such as insurance companies. The book value of Codexis was currently reported as 0.6. The company recorded a loss per share of 0.98. Codexis had not issued any dividends in recent years.
To determine if Codexis is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Codexis' research are outlined below:
| Codexis appears to be risky and price may revert if volatility continues | |
| Codexis has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 59.34 M. Net Loss for the year was (65.28 M) with loss before overhead, payroll, taxes, and interest of (12.31 M). | |
| Codexis currently holds about 90.11 M in cash with (49.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.38. | |
| Over 84.0% of the company shares are held by institutions such as insurance companies |
Codexis uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Codexis. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Codexis' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Codexis' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 233.62 M.Codexis' profitablity analysis
The company has Profit Margin (PM) of (1.49) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (2.72) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $2.72.Determining Codexis' profitability involves analyzing its financial statements and using various financial metrics to determine if Codexis is a good buy. For example, gross profit margin measures Codexis' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Codexis' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Codexis' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Codexis. Check Codexis' Beneish M Score to see the likelihood of Codexis' management manipulating its earnings.
Basic technical analysis of Codexis Stock
As of the 20th of July, Codexis shows the risk adjusted performance of 0.1193, and Mean Deviation of 3.36. Codexis technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Codexis market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Codexis is priced correctly, providing market reflects its regular price of 2.82 per share. Please also double-check Codexis total risk alpha, which is currently at (0.11) to validate the company can sustain itself at a future point.Codexis' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Codexis insiders, such as employees or executives, is commonly permitted as long as it does not rely on Codexis' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Codexis insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Codexis' Outstanding Corporate Bonds
Codexis issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Codexis uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Codexis bonds can be classified according to their maturity, which is the date when Codexis has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand Codexis' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Codexis' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1193 | |||
| Market Risk Adjusted Performance | (0.69) | |||
| Mean Deviation | 3.36 | |||
| Semi Deviation | 3.6 | |||
| Downside Deviation | 4.2 | |||
| Coefficient Of Variation | 838.57 | |||
| Standard Deviation | 4.6 | |||
| Variance | 21.16 | |||
| Information Ratio | 0.0886 | |||
| Jensen Alpha | 0.6387 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.097 | |||
| Treynor Ratio | (0.70) | |||
| Maximum Drawdown | 25.55 | |||
| Value At Risk | (6.86) | |||
| Potential Upside | 7.89 | |||
| Downside Variance | 17.68 | |||
| Semi Variance | 12.98 | |||
| Expected Short fall | (3.84) | |||
| Skewness | 0.5933 | |||
| Kurtosis | 1.92 |
| Risk Adjusted Performance | 0.1193 | |||
| Market Risk Adjusted Performance | (0.69) | |||
| Mean Deviation | 3.36 | |||
| Semi Deviation | 3.6 | |||
| Downside Deviation | 4.2 | |||
| Coefficient Of Variation | 838.57 | |||
| Standard Deviation | 4.6 | |||
| Variance | 21.16 | |||
| Information Ratio | 0.0886 | |||
| Jensen Alpha | 0.6387 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.097 | |||
| Treynor Ratio | (0.70) | |||
| Maximum Drawdown | 25.55 | |||
| Value At Risk | (6.86) | |||
| Potential Upside | 7.89 | |||
| Downside Variance | 17.68 | |||
| Semi Variance | 12.98 | |||
| Expected Short fall | (3.84) | |||
| Skewness | 0.5933 | |||
| Kurtosis | 1.92 |
Consider Codexis' intraday indicators
Codexis intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Codexis stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Codexis time-series forecasting models is one of many Codexis' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Codexis' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Codexis Stock media impact
There is far too much social signal, news, headlines, and media speculation about Codexis that are available to investors today. This information is accessible both publicly - through Codexis' media outlets and privately, via word of mouth or internal channels. However, regardless of the source, the sheer volume of Codexis-related data is difficult to distill into actionable insights, especially for investors who are not well-versed in the rapidly evolving tools and techniques of investment management.
A primary focus of Codexis news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Codexis relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Codexis' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Codexis alpha.
Codexis Corporate Management
| Sriram MBA | Chief Officer | Profile | |
| Georgia Erbez | Chief Officer | Profile | |
| MBA Taylor | VP CFO | Profile | |
| Asli Aras | VP Devel | Profile | |
| Margaret JD | General Officer | Profile | |
| John Schiffhauer | Senior Property | Profile |
Additional Tools for Codexis Stock Analysis
When running Codexis' price analysis, check to measure Codexis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Codexis is operating at the current time. Most of Codexis' value examination focuses on studying past and present price action to predict the probability of Codexis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Codexis' price. Additionally, you may evaluate how the addition of Codexis to your portfolios can decrease your overall portfolio volatility.