Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $2.24 in the prior trading day, Codexis Inc (NASDAQ: CDXS) closed at $2.22, down -0.89%. In other words, the price has decreased by -$0.89 from its previous closing price. On the day, 0.51 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CDXS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.64 and its Current Ratio is at 3.72. In the meantime, Its Debt-to-Equity ratio is 1.20 whereas as Long-Term Debt/Eq ratio is at 1.14.
On May 30, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $11.Cantor Fitzgerald initiated its Overweight rating on May 30, 2024, with a $11 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 12 ’25 when Opaleye Management Inc. bought 100,000 shares for $2.25 per share. The transaction valued at 225,000 led to the insider holds 12,100,000 shares of the business.
Opaleye Management Inc. bought 99,102 shares of CDXS for $220,997 on Jun 13 ’25. The 10% Owner now owns 12,199,102 shares after completing the transaction at $2.23 per share. On Jun 16 ’25, another insider, Opaleye Management Inc., who serves as the 10% Owner of the company, bought 50,898 shares for $2.24 each. As a result, the insider paid 114,012 and bolstered with 12,250,000 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.69 while its Price-to-Book (P/B) ratio in mrq is 3.71.
Stock Price History:
Over the past 52 weeks, CDXS has reached a high of $6.08, while it has fallen to a 52-week low of $1.90. The 50-Day Moving Average of the stock is -4.81%, while the 200-Day Moving Average is calculated to be -35.30%.
Shares Statistics:
A total of 82.84M shares are outstanding, with a floating share count of 80.17M. Insiders hold about 3.23% of the company’s shares, while institutions hold 82.84% stake in the company.
Earnings Estimates
The market rating of Codexis Inc (CDXS) is currently shaped by the ongoing analysis conducted by 4.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.09 and low estimates of -$0.13.
Analysts are recommending an EPS of between -$0.46 and -$0.62 for the fiscal current year, implying an average EPS of -$0.56. EPS for the following year is -$0.47, with 2.0 analysts recommending between -$0.45 and -$0.48.
Revenue Estimates
7 analysts predict $14.18M in revenue for the current quarter. It ranges from a high estimate of $16.3M to a low estimate of $12.1M. As of the current estimate, Codexis Inc’s year-ago sales were $7.98MFor the next quarter, 7 analysts are estimating revenue of $19.03M. There is a high estimate of $20.4M for the next quarter, whereas the lowest estimate is $17.53M.
A total of 7 analysts have provided revenue estimates for CDXS’s current fiscal year. The highest revenue estimate was $67.7M, while the lowest revenue estimate was $64.04M, resulting in an average revenue estimate of $65.48M. In the same quarter a year ago, actual revenue was $59.34MBased on 6 analysts’ estimates, the company’s revenue will be $80.22M in the next fiscal year. The high estimate is $91.15M and the low estimate is $75.2M.
