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NASDAQ:CYRX

Cryoport (CYRX) Stock Price, News & Analysis

$8.12
-0.27 (-3.22%)
(As of 09/18/2024 ET)

About Cryoport Stock (NASDAQ:CYRX)

Key Stats

Today's Range
$8.07
$8.62
50-Day Range
$7.03
$9.56
52-Week Range
$5.32
$20.10
Volume
677,745 shs
Average Volume
605,515 shs
Market Capitalization
$399.97 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.60
Consensus Rating
Hold

Company Overview

Cryoport, Inc. provides temperature-controlled supply chain solutions in biopharma/pharma, animal health, and human reproductive medicine markets in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Cryoport Express Shippers; Cryoport ELITE -80°C Gene Therapy Shipper; Cryoport ELITE Cryosphere Shipper; Cryoport consulting services, including physical, thermal, and shipping qualifications of shipping systems and/or packaging to developing custom packaging solutions; and Cryoport bioservices, such as controlled temperature storage, fulfilment, kit production, secondary packaging, labelling of therapeutic products, and GMP raw materials storage services. It also provides CRYOGENE, an unparalleled solution that offers pre-clinical temperature-controlled biological materials management services comprising specimen storage, processing, collection, and retrieval; CRYOPD, a temperature-controlled logistics solution, which include temperature-controlled packaging and transport solutions from cryogenic temperature to controlled ambient; and IntegriCell services that comprise apheresis/leukapheresis collection, Cryoshuttle transportation, cryo-process optimization and processing services. In addition, the company offers MVE Biological Solutions' Fusion cryogenic system, a self-sustaining cryogenic freezer; MVE Biological Solutions' Vario cryogenic system, a cryogenic freezer system that supports temperatures between -20°C and -150°C; Cryoport Cryoshuttle provides clients with dedicated local transportation support; and Tec4Med. Further, it provides biological specimen cryopreservation storage and maintenance; archiving, monitoring, tracking, receipt, and delivery of samples; frozen biological specimens transportation; and incoming and outgoing biological specimens management; and short-term logistics and engineering consulting services. Cryoport, Inc. was founded in 1999 and is headquartered in Brentwood, Tennessee.

Cryoport Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 76th Percentile

Cryoport scored higher than 76% of companies evaluated by MarketBeat, and ranked 61st out of 131 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Cryoport has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Cryoport has only been the subject of 4 research reports in the past 90 days.

  • Read more about Cryoport's stock forecast and price target.
  • Earnings Growth

    Earnings for Cryoport are expected to grow in the coming year, from ($1.63) to ($0.92) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cryoport is -3.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cryoport is -3.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Cryoport has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Cryoport's valuation and earnings.
  • Percentage of Shares Shorted

    6.25% of the float of Cryoport has been sold short.
  • Short Interest Ratio / Days to Cover

    Cryoport has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cryoport has recently decreased by 7.17%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Cryoport does not currently pay a dividend.

  • Dividend Growth

    Cryoport does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    6.25% of the float of Cryoport has been sold short.
  • Short Interest Ratio / Days to Cover

    Cryoport has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cryoport has recently decreased by 7.17%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Cryoport has a news sentiment score of 0.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Cryoport this week, compared to 2 articles on an average week.
  • Search Interest

    4 people have searched for CYRX on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Cryoport insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $60,363.00 in company stock.

  • Percentage Held by Insiders

    10.10% of the stock of Cryoport is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    92.90% of the stock of Cryoport is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Cryoport's insider trading history.
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CYRX Stock News Headlines

Cryoport, Inc. (NASDAQ:CYRX) Sees Large Drop in Short Interest
Should You Hold Cryoport (CYRX)?
Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
Debtor distribution data (CK92) - Nykredit Realkredit A/S
Jefferies Downgrades Cryoport (CYRX)
See More Headlines

CYRX Stock Analysis - Frequently Asked Questions

Cryoport's stock was trading at $15.49 on January 1st, 2024. Since then, CYRX shares have decreased by 47.6% and is now trading at $8.12.
View the best growth stocks for 2024 here
.

Cryoport, Inc. (NASDAQ:CYRX) posted its quarterly earnings data on Tuesday, August, 6th. The company reported ($1.62) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.37) by $1.25. The business's revenue for the quarter was up 1.0% on a year-over-year basis.

Top institutional investors of Cryoport include Massachusetts Financial Services Co. MA (4.13%), Fred Alger Management LLC (3.65%), Assenagon Asset Management S.A. (3.00%) and AXA S.A. (1.77%). Insiders that own company stock include Jerrell Shelton, Robert Stefanovich, Richard J Berman, Mark W Sawicki, Edward J Zecchini, Ramkumar Mandalam, Robert J Hariri, Daniel M Hancock and Freeze Parent LP Blackstone.
View institutional ownership trends
.

Shares of CYRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cryoport investors own include Gilead Sciences (GILD), Advanced Micro Devices (AMD), Micron Technology (MU), NVIDIA (NVDA), Taiwan Semiconductor Manufacturing (TSM), Amarin (AMRN) and QUALCOMM (QCOM).

Company Calendar

Last Earnings
8/06/2024
Today
9/19/2024
Next Earnings (Estimated)
11/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:CYRX
Employees
1,170
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.60
High Stock Price Target
$17.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+42.9%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$-99,590,000.00
Pretax Margin
-76.61%

Debt

Sales & Book Value

Annual Sales
$225.61 million
Cash Flow
$0.41 per share
Book Value
$9.45 per share

Miscellaneous

Free Float
44,282,000
Market Cap
$399.97 million
Optionable
Optionable
Beta
1.60
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This page (NASDAQ:CYRX) was last updated on 9/19/2024 by MarketBeat.com Staff
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