Codexis Inc (NASDAQ:CDXS) has a beta value of 2.35 and has seen 0.4 million shares traded in the recent trading session. The company, currently valued at $217.05M, closed the recent trade at $2.62 per share which meant it lost -$0.07 on the day or -2.59% during that session. The CDXS stock price is -132.06% off its 52-week high price of $6.08 and 7.25% above the 52-week low of $2.43. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.02 million shares traded. The 3-month trading volume is 839.11K shares.
The consensus among analysts is that Codexis Inc (CDXS) is Buy stock at the moment, with a recommendation rating of 1.57. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.2.
Codexis Inc (NASDAQ:CDXS) trade information
Sporting -2.59% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the CDXS stock price touched $2.62 or saw a rise of 13.82%. Year-to-date, Codexis Inc shares have moved -45.07%, while the 5-day performance has seen it change -10.88%. Over the past 30 days, the shares of Codexis Inc (NASDAQ:CDXS) have changed -4.20%. Short interest in the company has seen 4.57 million shares shorted with days to cover at 4.33.
Wall Street analysts have a consensus price target for the stock at $11, which means that the shares’ value could jump 76.18% from the levels at last check today. The projected low price target is $11.0 while the price target rests at a high of $11.0. In that case, then, we find that the latest price level in today’s session is -319.85% off the targeted high while a plunge would see the stock gain -319.85% from the levels at last check today.
Codexis Inc (CDXS) estimates and forecasts
The company’s shares have lost -18.88% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 10.41%.
7 analysts offering their estimates for the company have set an average revenue estimate of 10.38M for the current quarter. 7 have an estimated revenue figure of 14.22M for the next ending quarter. Year-ago sales stood 17.07M and 7.98M respectively for this quarter and the next, and analysts expect sales will shrink by -39.22% for the current quarter and 10.41% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -33.31% over the past 5 years. Earnings growth for 2025 is a modest 19.10% while over the next 5 years, the company’s earnings are expected to increase by 45.38%.
CDXS Dividends
Codexis Inc is expected to release its next earnings report on 2025-Feb-26 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Codexis Inc (NASDAQ:CDXS)’s Major holders
Insiders own 2.44% of the company shares, while shares held by institutions stand at 80.52% with a share float percentage of 82.54%. Investors are also buoyed by the number of investors in a company, with Codexis Inc having a total of 180.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 6.79 million shares worth more than $21.05 million. As of 2024-06-30, BLACKROCK INC. held 9.6473% of shares outstanding.
The other major institutional holder is FMR LLC, with the holding of over 4.45 million shares as of 2024-06-30. The firm’s total holdings are worth over $13.78 million and represent 6.3165% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. As of Dec 31, 2024, the former fund manager holds about 2.51% shares in the company for having 2.08 shares of worth $5.45 million while later fund manager owns 2.08 shares of worth $5.46 million as of Feb 28, 2025, which makes it owner of about 2.51% of company’s outstanding stock.
