NASDAQ:CVRX

CVRx (CVRX) Stock Price, News & Analysis

$7.46
-0.33 (-4.24%)
(As of 01:52 PM ET)
Today's Range
$7.46
$8.00
50-Day Range
$7.79
$21.87
52-Week Range
$7.46
$33.13
Volume
122,872 shs
Average Volume
185,430 shs
Market Capitalization
$161.06 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$16.60

CVRx MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
119.9% Upside
$16.60 Price Target
Short Interest
Healthy
8.45% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.25mentions of CVRx in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$151,903 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($2.39) to ($1.85) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.55 out of 5 stars

Medical Sector

268th out of 915 stocks

Surgical & Medical Instruments Industry

34th out of 96 stocks

CVRX stock logo

About CVRx Stock (NASDAQ:CVRX)

CVRx, Inc., a commercial-stage medical device company, focuses on developing, manufacturing, and commercializing neuromodulation solutions for patients with cardiovascular diseases. The company offers Barostim, a neuromodulation device indicated to improve symptoms for patients with heart failure with reduced ejection fraction or systolic heart failure. It sells its products through direct sales force, as well as sales agents and independent distributors in the United States, Germany, and internationally. The company was incorporated in 2000 and is headquartered in Minneapolis, Minnesota.

CVRX Stock Price History

CVRX Stock News Headlines

Craig Hallum Begins Coverage on CVRx (NASDAQ:CVRX)
1970’s computer coder Issues Shocking AI Warning
Louis Navellier has spent four decades building a billion-dollar empire on the back of big data and technology… Now he's stepping forward with a shocking warning about how AI will soon impact the wealth of everyday Americans.
CVRx (NASDAQ:CVRX) Stock Rating Lowered by William Blair
1970’s computer coder Issues Shocking AI Warning
Louis Navellier has spent four decades building a billion-dollar empire on the back of big data and technology… Now he's stepping forward with a shocking warning about how AI will soon impact the wealth of everyday Americans.
CVRx (NASDAQ:CVRX) PT Lowered to $14.00
CVRx, Inc. (NASDAQ:CVRX) Short Interest Update
CVRX Stock Earnings: CVRx Misses EPS, Misses Revenue for Q1 2024
Q1 2024 CVRx Inc Earnings Call
Why Is CVRx (CVRX) Stock Down 32% Today?
See More Headlines
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Company Calendar

Last Earnings
11/04/2021
Today
5/09/2024
Next Earnings (Estimated)
7/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:CVRX
Employees
200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.60
High Stock Price Target
$23.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+113.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$-41,200,000.00
Net Margins
-123.58%
Pretax Margin
-104.47%

Debt

Sales & Book Value

Annual Sales
$39.29 million
Book Value
$3.65 per share

Miscellaneous

Free Float
17,514,000
Market Cap
$168.19 million
Optionable
Optionable
Beta
1.35
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Key Executives

  • Mr. Kevin Hykes (Age 58)
    President, CEO & Director
  • Mr. Jared Oasheim (Age 40)
    Chief Financial Officer
    Comp: $446.1k
  • Mr. Paul Verrastro (Age 61)
    Chief Marketing & Strategy Officer
    Comp: $529.84k
  • Mr. Paul Pignato
    Vice President of Operations
  • Ms. Jonelle R. Burnham (Age 53)
    Vice President & General Counsel
  • Mr. Craig Palmer (Age 47)
    Senior Vice President of US Sales

CVRX Stock Analysis - Frequently Asked Questions

Should I buy or sell CVRx stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CVRx in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CVRX shares.
View CVRX analyst ratings
or view top-rated stocks.

What is CVRx's stock price target for 2024?

6 brokers have issued twelve-month price objectives for CVRx's stock. Their CVRX share price targets range from $13.00 to $23.00. On average, they predict the company's stock price to reach $16.60 in the next year. This suggests a possible upside of 119.9% from the stock's current price.
View analysts price targets for CVRX
or view top-rated stocks among Wall Street analysts.

How have CVRX shares performed in 2024?

CVRx's stock was trading at $31.44 on January 1st, 2024. Since then, CVRX stock has decreased by 76.0% and is now trading at $7.55.
View the best growth stocks for 2024 here
.

Are investors shorting CVRx?

CVRx saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 786,500 shares, a drop of 5.3% from the March 31st total of 830,800 shares. Based on an average daily trading volume, of 142,000 shares, the days-to-cover ratio is presently 5.5 days. Approximately 8.5% of the shares of the company are sold short.
View CVRx's Short Interest
.

When is CVRx's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our CVRX earnings forecast
.

How were CVRx's earnings last quarter?

CVRx, Inc. (NASDAQ:CVRX) issued its earnings results on Thursday, November, 4th. The company reported ($0.30) EPS for the quarter, beating the consensus estimate of ($0.38) by $0.08. The firm had revenue of $3.40 million for the quarter, compared to analyst estimates of $3.42 million. CVRx had a negative trailing twelve-month return on equity of 62.73% and a negative net margin of 123.58%.

What guidance has CVRx issued on next quarter's earnings?

CVRx issued an update on its second quarter 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $11.3 million-$12.3 million, compared to the consensus revenue estimate of $13.1 million.

When did CVRx IPO?

CVRx (CVRX) raised $100 million in an initial public offering on Wednesday, June 30th 2021. The company issued 6,250,000 shares at $15.00-$17.00 per share.

Who are CVRx's major shareholders?

CVRx's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Lord Abbett & CO. LLC (2.73%), GSG Advisors LLC (0.17%), Valeo Financial Advisors LLC (0.09%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include & Johnson Johnson, Kirk G Nielsen, Mudit K Jain, Nea Partners 10 L P and Paul Verrastro.
View institutional ownership trends
.

How do I buy shares of CVRx?

Shares of CVRX 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.

This page (NASDAQ:CVRX) was last updated on 5/9/2024 by MarketBeat.com Staff

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