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Co-Diagnostics (CODX) Competitors

Co-Diagnostics logo
$1.22
+0.01 (+0.83%)
(As of 11/4/2024 ET)

CODX vs. APYX, ICAD, PYPD, TELA, DRTS, LAKE, KRMD, TLSI, EDAP, and SRTS

Should you be buying Co-Diagnostics stock or one of its competitors? The main competitors of Co-Diagnostics include Apyx Medical (APYX), iCAD (ICAD), PolyPid (PYPD), TELA Bio (TELA), Alpha Tau Medical (DRTS), Lakeland Industries (LAKE), KORU Medical Systems (KRMD), TriSalus Life Sciences (TLSI), Edap Tms (EDAP), and Sensus Healthcare (SRTS). These companies are all part of the "medical equipment" industry.

Co-Diagnostics vs.

Apyx Medical (NASDAQ:APYX) and Co-Diagnostics (NASDAQ:CODX) are both small-cap medical companies, but which is the better stock? We will contrast the two businesses based on the strength of their institutional ownership, valuation, media sentiment, analyst recommendations, profitability, risk, community ranking, dividends and earnings.

Apyx Medical currently has a consensus price target of $5.00, suggesting a potential upside of 331.03%. Co-Diagnostics has a consensus price target of $1.50, suggesting a potential upside of 22.95%. Given Apyx Medical's stronger consensus rating and higher possible upside, equities analysts clearly believe Apyx Medical is more favorable than Co-Diagnostics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Apyx Medical
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.75
Co-Diagnostics
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Apyx Medical has a net margin of -57.86% compared to Co-Diagnostics' net margin of -411.18%. Co-Diagnostics' return on equity of -44.69% beat Apyx Medical's return on equity.

Company Net Margins Return on Equity Return on Assets
Apyx Medical-57.86% -105.45% -36.80%
Co-Diagnostics -411.18%-44.69%-40.47%

Apyx Medical has a beta of 1.21, meaning that its stock price is 21% more volatile than the S&P 500. Comparatively, Co-Diagnostics has a beta of -0.84, meaning that its stock price is 184% less volatile than the S&P 500.

In the previous week, Apyx Medical's average media sentiment score of 0.00 equaled Co-Diagnostics'average media sentiment score.

Company Overall Sentiment
Apyx Medical Neutral
Co-Diagnostics Neutral

Co-Diagnostics received 195 more outperform votes than Apyx Medical when rated by MarketBeat users. Likewise, 63.05% of users gave Co-Diagnostics an outperform vote while only 60.94% of users gave Apyx Medical an outperform vote.

CompanyUnderperformOutperform
Apyx MedicalOutperform Votes
78
60.94%
Underperform Votes
50
39.06%
Co-DiagnosticsOutperform Votes
273
63.05%
Underperform Votes
160
36.95%

55.3% of Apyx Medical shares are owned by institutional investors. Comparatively, 15.0% of Co-Diagnostics shares are owned by institutional investors. 16.8% of Apyx Medical shares are owned by company insiders. Comparatively, 6.1% of Co-Diagnostics shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Apyx Medical has higher revenue and earnings than Co-Diagnostics. Apyx Medical is trading at a lower price-to-earnings ratio than Co-Diagnostics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Apyx Medical$52.35M0.77-$18.71M-$0.82-1.41
Co-Diagnostics$6.81M5.72-$35.33M-$1.26-0.97

Summary

Apyx Medical beats Co-Diagnostics on 12 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CODX vs. The Competition

MetricCo-DiagnosticsSurgical & medical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$38.93M$4.18B$5.02B$8.40B
Dividend YieldN/A42.39%7.52%4.16%
P/E Ratio-0.9739.98128.6416.67
Price / Sales5.7252.111,718.2576.46
Price / CashN/A49.1836.9133.53
Price / Book0.434.424.595.18
Net Income-$35.33M$11.11M$114.09M$223.67M
7 Day Performance-2.40%-0.42%110.28%2.59%
1 Month Performance-4.69%1.98%124.25%8.66%
1 Year Performance-8.27%31.23%154.82%28.23%

Co-Diagnostics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CODX
Co-Diagnostics
2.9945 of 5 stars
$1.22
+0.8%
$1.50
+23.0%
-9.0%$38.93M$6.81M-0.97100Upcoming Earnings
APYX
Apyx Medical
4.1502 of 5 stars
$1.17
-4.9%
$5.00
+327.4%
-54.6%$42.61M$52.35M-1.43270Upcoming Earnings
ICAD
iCAD
0.4906 of 5 stars
$1.86
+0.5%
N/A+16.7%$49.10M$17.32M-16.9167Upcoming Earnings
PYPD
PolyPid
2.2355 of 5 stars
$3.20
-9.6%
$14.00
+337.5%
-14.9%$16.98MN/A-0.3280Analyst Forecast
Gap Up
TELA
TELA Bio
3.0405 of 5 stars
$2.81
-1.1%
$10.00
+255.9%
-50.2%$70.19M$58.45M-1.63120Upcoming Earnings
Gap Up
DRTS
Alpha Tau Medical
1.8371 of 5 stars
$2.34
+5.4%
$8.00
+241.9%
-28.1%$154.67MN/A-5.8580Gap Down
LAKE
Lakeland Industries
4.8627 of 5 stars
$18.59
-4.4%
$26.50
+42.5%
+31.4%$143.79M$124.69M77.461,750Gap Down
High Trading Volume
KRMD
KORU Medical Systems
1.3373 of 5 stars
$2.92
+11.0%
$3.33
+14.2%
+21.1%$120.60M$28.52M-11.6880Negative News
TLSI
TriSalus Life Sciences
3.3203 of 5 stars
$3.97
-0.3%
$12.50
+214.9%
-7.0%$116.66M$18.51M-1.59106Gap Down
High Trading Volume
EDAP
Edap Tms
2.2368 of 5 stars
$2.90
-3.0%
$14.00
+382.8%
-59.7%$110.94M$65.42M-5.00307Upcoming Earnings
SRTS
Sensus Healthcare
3.1992 of 5 stars
$6.40
-5.2%
$10.00
+56.3%
+198.6%$110.63M$24.41M15.6140Positive News

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This page (NASDAQ:CODX) was last updated on 11/4/2024 by MarketBeat.com Staff
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