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 $4.22 at the start of the last trading session i.e. 2023-03-19.

The stocks traded within a range of $3.86 - $4.22, and closed at $3.89.

This is a -5.58% slip from the previous day's closing price.

A total volume of 788,600 shares were traded at the close of the day’s session.

In the last one week, shares of Codexis Inc have slipped by -10.57%.

Codexis Inc's Key Ratios

Codexis Inc has a market cap of $271.35 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 $138.59 million with a gross profit of $20.46 million and an EBITDA of $-26294000. 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 -22.88% while its return on assets stood at -7.98% with a return of equity of -21.73%.

In Q4, Codexis Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 24%.

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 $-0.47 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

$41.04 million

Total Liabilities

$49.07 million

Operating Cash Flow

$0

Capital Expenditure

$9.24 million

Dividend Payout Ratio

0%

Codexis Inc ended 2023 with $41.04 million in total assets and $0 in total liabilities. Its intangible assets were valued at $41.04 million while shareholder equity stood at $144.80 million.

Codexis Inc ended 2023 with $0 in deferred long-term liabilities, $49.07 million in other current liabilities, 6000.00 in common stock, $-421290000.00 in retained earnings and $3.24 million in goodwill. Its cash balance stood at $113.98 million and cash and short-term investments were $113.98 million. The company’s total short-term debt was $5,360,000 while long-term debt stood at $0.

Codexis Inc’s total current assets stands at $162.89 million while long-term investments were $20.51 million and short-term investments were $0. Its net receivables were $34.02 million compared to accounts payable of $3.25 million and inventory worth $2.03 million.

In 2023, Codexis Inc's operating cash flow was $0 while its capital expenditure stood at $9.24 million.

Comparatively, Codexis Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$3.89

52-Week High

$22.22

52-Week Low

$3.86

Analyst Target Price

$14.25

Codexis Inc stock is currently trading at $3.89 per share. It touched a 52-week high of $22.22 and a 52-week low of $22.22. Analysts tracking the stock have a 12-month average target price of $14.25.

Its 50-day moving average was $5.52 and 200-day moving average was $6.77 The short ratio stood at 8.52 indicating a short percent outstanding of 0%.

Around 312.1% of the company’s stock are held by insiders while 9395.7% are held by institutions.