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NASDAQ:CVRX

CVRx (CVRX) Stock Price, News & Analysis

$8.10
-0.26 (-3.11%)
(As of 10/17/2024 ET)

About CVRx Stock (NASDAQ:CVRX)

Key Stats

Today's Range
$8.04
$8.86
50-Day Range
$6.95
$10.00
52-Week Range
$6.40
$33.13
Volume
258,177 shs
Average Volume
256,335 shs
Market Capitalization
$174.93 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.67
Consensus Rating
Moderate Buy

Company Overview

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 Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
56th Percentile Overall Score

CVRX MarketRank™: 

CVRx scored higher than 56% of companies evaluated by MarketBeat, and ranked 502nd out of 1,013 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    CVRx has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

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

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

    Earnings for CVRx are expected to grow in the coming year, from ($2.56) to ($2.09) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of CVRx is -3.16, 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 CVRx is -3.16, 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

    CVRx has a P/B Ratio of 2.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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

    16.45% of the float of CVRx has been sold short.
  • Short Interest Ratio / Days to Cover

    CVRx has a short interest ratio ("days to cover") of 6.4.
  • Change versus previous month

    Short interest in CVRx has recently decreased by 1.49%, indicating that investor sentiment is improving.
  • Dividend Yield

    CVRx does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    16.45% of the float of CVRx has been sold short.
  • Short Interest Ratio / Days to Cover

    CVRx has a short interest ratio ("days to cover") of 6.4.
  • Change versus previous month

    Short interest in CVRx has recently decreased by 1.49%, indicating that investor sentiment is improving.
  • News Sentiment

    CVRx has a news sentiment score of 0.37. 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 lower news sentiment than the 0.70 average news sentiment score of Medical companies.
  • News Coverage This Week

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

    Only 1 people have searched for CVRX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, CVRx insiders have bought more of their company's stock than they have sold. Specifically, they have bought $322,545.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    18.90% of the stock of CVRx is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    75.27% of the stock of CVRx is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about CVRx's insider trading history.
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CVRX Stock News Headlines

Lake Street Reaffirms Their Buy Rating on Artivion (AORT)
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
Craig-Hallum Sticks to Its Buy Rating for MiMedx Group (MDXG)
CVRx (CVRX) Gets a Buy from Craig-Hallum
CVRX Sep 2024 7.500 call (CVRX240920C00007500)
See More Headlines

CVRX Stock Analysis - Frequently Asked Questions

CVRx's stock was trading at $31.44 at the start of the year. Since then, CVRX shares have decreased by 74.2% and is now trading at $8.10.
View the best growth stocks for 2024 here
.

CVRx, Inc. (NASDAQ:CVRX) released its quarterly earnings results on Monday, July, 29th. The company reported ($0.65) earnings per share for the quarter, missing the consensus estimate of ($0.51) by $0.14. The company earned $11.81 million during the quarter, compared to the consensus estimate of $11.84 million. CVRx had a negative trailing twelve-month return on equity of 77.62% and a negative net margin of 122.52%.

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

Top institutional investors of CVRx include SG Americas Securities LLC (0.06%). Insiders that own company stock include & Johnson Johnson, Kirk G Nielsen, Joseph P Slattery, Kevin Hykes, Paul Verrastro and Mudit K Jain.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that CVRx investors own include Tesla (TSLA), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Meta Platforms (META), NVIDIA (NVDA), Netflix (NFLX) and Visa (V).

Company Calendar

Last Earnings
7/29/2024
Today
10/17/2024
Next Earnings (Confirmed)
10/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Medical Devices
Sub-Industry
Medical Equipment
Current Symbol
NASDAQ:CVRX
Employees
200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.67
High Stock Price Target
$15.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+68.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$-41,200,000.00
Net Margins
-122.52%
Pretax Margin
-122.16%

Debt

Sales & Book Value

Annual Sales
$44.39 million
Book Value
$3.65 per share

Miscellaneous

Free Float
17,668,000
Market Cap
$174.93 million
Optionable
Optionable
Beta
1.26
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This page (NASDAQ:CVRX) was last updated on 10/17/2024 by MarketBeat.com Staff
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