Codex DNA (DNAY) vs. Its Competitors Financial Contrast

Codex DNA (NASDAQ:DNAYGet Rating) is one of 43 publicly-traded companies in the “Analytical instruments” industry, but how does it compare to its competitors? We will compare Codex DNA to related companies based on the strength of its dividends, analyst recommendations, earnings, risk, profitability, institutional ownership and valuation.

Insider & Institutional Ownership

87.6% of Codex DNA shares are held by institutional investors. Comparatively, 62.8% of shares of all “Analytical instruments” companies are held by institutional investors. 13.5% of shares of all “Analytical instruments” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Codex DNA and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Codex DNA 0 0 3 0 3.00
Codex DNA Competitors 329 1347 1834 59 2.45

Codex DNA presently has a consensus price target of $15.86, suggesting a potential upside of 339.24%. As a group, “Analytical instruments” companies have a potential upside of 29.72%. Given Codex DNA’s stronger consensus rating and higher probable upside, analysts clearly believe Codex DNA is more favorable than its competitors.

Valuation & Earnings

This table compares Codex DNA and its competitors revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Codex DNA $11.04 million -$38.96 million -1.58
Codex DNA Competitors $1.16 billion $344.59 million -27.17

Codex DNA’s competitors have higher revenue and earnings than Codex DNA. Codex DNA is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Codex DNA and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Codex DNA -311.52% -46.56% -36.63%
Codex DNA Competitors -250.85% 6.38% -11.11%

Summary

Codex DNA competitors beat Codex DNA on 7 of the 12 factors compared.

Codex DNA Company Profile (Get Rating)

Codex DNA, Inc., a synthetic biology company, manufactures and sells synthetic biology instruments, reagents, and associated products and related services, primarily to pharmaceutical and academic laboratories worldwide. Its solutions include BioXp system that empowers researchers to go from a digital DNA sequence to endpoint-ready synthetic DNA; BioXp portal, an online portal that offers an intuitive guided workflow and design tools for building new DNA sequences and assembling them into vectors of choice; BioXp kits that contain building blocks and reagents, including its Gibson Assembly branded reagents, for specific synthetic biology workflow applications; Cloud-based scripts; Benchtop reagents that contain all the reagents necessary to proceed with a specific synthetic biology workflow on the benchtop using products generated on the BioXp system; Biofoundry Services, which enable a customer to order and receive the BioXp system endpoint-ready products, such as genes, clones, cell-free amplified DNA, and variant libraries; and short oligo ligation assembly enzymatic DNA synthesis. It also serves government institutions, contract research organizations, and synthetic biology companies. The company was formerly known as SGI-DNA, Inc. and changed its name to Codex DNA, Inc. in March 2020. Codex DNA, Inc. was incorporated in 2011 and is headquartered in San Diego, California.

Want More Great Investing Ideas?

Receive News & Ratings for Codex DNA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Codex DNA and related companies with MarketBeat.com's FREE daily email newsletter.