Codexis Inc

Company Profile

Codexis Inc had its IPO on 2010-04-22 under the ticker symbol CDXS.

The company operates in the Healthcare sector and Biotechnology industry. Codexis Inc has a staff strength of 248 employees.

Stock update

Shares of Codexis Inc opened at $1.75 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.73 - $1.78, and closed at $1.75.

This is a -0.57% slip from the previous day's closing price.

A total volume of 322,976 shares were traded at the close of the day’s session.

In the last one week, shares of Codexis Inc have slipped by -2.78%.

Codexis Inc's Key Ratios

Codexis Inc has a market cap of $172.93 million, indicating a price to book ratio of 2.3781 and a price to sales ratio of 2.7321.

In the last 12-months Codexis Inc’s revenue was $116.23 million with a gross profit of $20.46 million and an EBITDA of $-41250000. The EBITDA ratio measures Codexis Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Codexis Inc’s operating margin was -40.37% while its return on assets stood at -12.94% with a return of equity of -33.62%.

In Q1, Codexis Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 63.3%.

Codexis Inc’s PE and PEG Ratio

Forward PE

138.8889

Trailing PE

0

PEG

-1.16

Its diluted EPS in the last 12-months stands at $-0.86 per share while it has a forward price to earnings multiple of 138.8889 and a PEG multiple of -1.16. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Codexis Inc’s profitability.

Codexis Inc stock is trading at a EV to sales ratio of 2.281 and a EV to EBITDA ratio of -13.3874. Its price to sales ratio in the trailing 12-months stood at 2.7321.

Codexis Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$218.07 million

Total Liabilities

$38.31 million

Operating Cash Flow

$-3284000.00

Capital Expenditure

$2.54 million

Dividend Payout Ratio

0%

Codexis Inc ended 2024 with $218.07 million in total assets and $0 in total liabilities. Its intangible assets were valued at $218.07 million while shareholder equity stood at $126.02 million.

Codexis Inc ended 2024 with $0 in deferred long-term liabilities, $38.31 million in other current liabilities, 6000.00 in common stock, $-443907000.00 in retained earnings and $3.24 million in goodwill. Its cash balance stood at $102.83 million and cash and short-term investments were $102.83 million. The company’s total short-term debt was $5,492,000 while long-term debt stood at $0.

Codexis Inc’s total current assets stands at $129.95 million while long-term investments were $21.31 million and short-term investments were $0. Its net receivables were $20.02 million compared to accounts payable of $4.49 million and inventory worth $2.00 million.

In 2024, Codexis Inc's operating cash flow was $-3284000.00 while its capital expenditure stood at $2.54 million.

Comparatively, Codexis Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.75

52-Week High

$13.03

52-Week Low

$2.19

Analyst Target Price

$11.14

Codexis Inc stock is currently trading at $1.75 per share. It touched a 52-week high of $13.03 and a 52-week low of $13.03. Analysts tracking the stock have a 12-month average target price of $11.14.

Its 50-day moving average was $2.49 and 200-day moving average was $3.93 The short ratio stood at 5.05 indicating a short percent outstanding of 0%.

Around 300.1% of the company’s stock are held by insiders while 9497.3% are held by institutions.