Is Co Diagnostics Stock a good buy in 2024, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: CODX) stock is to Hold CODX stock.
Out of 1 analyst, 0 (0%) are recommending CODX as a Strong Buy, 0 (0%) are recommending CODX as a Buy, 1 (100%) are recommending CODX as a Hold, 0 (0%) are recommending CODX as a Sell, and 0 (0%) are recommending CODX as a Strong Sell.
What is CODX's revenue growth forecast for 2024-2024?
(NASDAQ: CODX) Co Diagnostics's forecast annual revenue growth rate of N/A is not forecast to beat the US Medical Devices industry's average forecast revenue growth rate of N/A, and while it is not forecast to beat the US market's average forecast revenue growth rate of N/A.
Co Diagnostics's revenue in 2024 is $6,812,038.
In 2024, CODX is forecast to generate $187,558,008 in revenue, with the lowest revenue forecast at $187,558,008 and the highest revenue forecast at $187,558,008.
What is CODX's forecast return on assets (ROA) for 2024-2024?
(NASDAQ: CODX) forecast ROA is N/A, which is lower than the forecast US Medical Devices industry average of 9.14%.
What is CODX's Price Target?
According to 1 Wall Street analyst that have issued a 1 year CODX price target, the average CODX price target is $2.50, with the highest CODX stock price forecast at $2.50 and the lowest CODX stock price forecast at $2.50.
The Wall Street analyst predicted that Co Diagnostics's share price could reach $2.50 by Mar 15, 2025. The average Co Diagnostics stock price prediction forecasts a potential upside of 117.39% from the current CODX share price of $1.15.
What is CODX's forecast return on equity (ROE) for 2024-2024?
(NASDAQ: CODX) forecast ROE is N/A, which is considered weak.
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