Codexis Stock Analysis

Codexis Stock Analysis Notes

About 81.0% of the company shares are held by institutions such as insurance companies. The book value of Codexis was currently reported as 1.12. The company recorded a loss per share of 0.94. Codexis had not issued any dividends in recent years. Codexis, Inc. discovers, develops, and sells enzymes and other proteins. The company was incorporated in 2002 and is headquartered in Redwood City, California. Codexis operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 261 people. For more info on Codexis please contact Stephen MBBS at 650 421 8100 or go to https://www.codexis.com.

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Codexis Largest EPS Surprises

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Codexis Thematic Classifications

Codexis Stock Institutional Investors

Note, although Codexis' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Codexis Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 249.07 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Codexis's market, we take the total number of its shares issued and multiply it by Codexis's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Codexis Profitablity

The company has Profit Margin (PM) of (0.88) %, 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 (0.7) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.7.

Management Efficiency

Codexis has return on total asset (ROA) of (0.1465) % which means that it has lost $0.1465 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.6345) %, meaning that it created substantial loss on money invested by shareholders. Codexis' management efficiency ratios could be used to measure how well Codexis manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.54 in 2024. Return On Capital Employed is likely to drop to -0.57 in 2024. At this time, Codexis' Non Currrent Assets Other are comparatively stable compared to the past year. Net Tangible Assets is likely to gain to about 170.9 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 36.4 M in 2024.

Technical Drivers

As of the 8th of May, Codexis shows the risk adjusted performance of 0.0637, and Mean Deviation of 4.9. 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for Codexis, which can be compared to its peers. 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 3.46 per share. Given that Codexis has jensen alpha of 0.3118, we suggest you to validate Codexis's prevailing market performance to make sure the company can sustain itself at a future point.

Codexis Price Movement Analysis

Codexis Insider Trading Activities

Codexis Predictive Daily Indicators

Codexis Corporate Filings

Codexis Forecast Models

Codexis' time-series forecasting models are one of many Codexis' stock analysis techniques aimed at predicting 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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Codexis prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Codexis shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Codexis. By using and applying Codexis Stock analysis, traders can create a robust methodology for identifying Codexis entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Codexis analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Codexis analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Codexis stock analysis indicators help investors evaluate how Codexis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Codexis shares will generate the highest return on investment. By understating and applying Codexis stock analysis, traders can identify Codexis position entry and exit signals to maximize returns.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Codexis. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Codexis Stock please use our How to Invest in Codexis guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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.

Is Codexis' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Codexis. If investors know Codexis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Codexis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Codexis is measured differently than its book value, which is the value of Codexis that is recorded on the company's balance sheet. Investors also form their own opinion of Codexis' value that differs from its market value or its book value, called intrinsic value, which is Codexis' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Codexis' market value can be influenced by many factors that don't directly affect Codexis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Codexis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Codexis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Codexis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.