NASDAQ:CVRX

CVRx (CVRX) Stock Price, News & Analysis

$14.40
+0.11 (+0.77%)
(As of 04/24/2024 ET)
Today's Range
$14.03
$14.59
50-Day Range
$14.29
$23.20
52-Week Range
$9.18
$33.13
Volume
119,882 shs
Average Volume
144,438 shs
Market Capitalization
$310.90 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$33.67

CVRx MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
133.8% Upside
$33.67 Price Target
Short Interest
Bearish
8.92% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$151,903 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.89) to ($1.53) 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.

2.05 out of 5 stars

Medical Sector

488th out of 909 stocks

Surgical & Medical Instruments Industry

56th 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

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Craig-Hallum Reaffirms Their Hold Rating on ProSomnus (OSA)
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CVRX Mar 2024 30.000 call
CVRX Mar 2024 20.000 put
CVRx names Kevin Hykes as CEO
Piper Sandler Keeps Their Buy Rating on CVRx (CVRX)
CVRx Full Year 2023 Earnings: EPS Beats Expectations
CVRx Names Board Member Kevin Hykes President, CEO
Bio-Techne (TECH) Receives a Buy from Craig-Hallum
CVRx, Inc. (NASDAQ:CVRX) Q4 2023 Earnings Call Transcript
Q4 2023 CVRx Inc Earnings Call
CVRx: Q4 Earnings Insights
Earnings Outlook For CVRx
See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Today
4/24/2024
Next Earnings (Confirmed)
4/30/2024
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
$33.67
High Stock Price Target
$36.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+133.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-41,200,000.00
Net Margins
-104.85%
Pretax Margin
-104.47%

Debt

Sales & Book Value

Annual Sales
$39.29 million
Book Value
$3.65 per share

Miscellaneous

Free Float
17,643,000
Market Cap
$310.90 million
Optionable
Optionable
Beta
1.29
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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?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CVRx in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CVRX shares.
View CVRX analyst ratings
or view top-rated stocks.

What is CVRx's stock price target for 2024?

3 brokers have issued 1-year price targets for CVRx's stock. Their CVRX share price targets range from $32.00 to $36.00. On average, they predict the company's stock price to reach $33.67 in the next year. This suggests a possible upside of 133.8% 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 54.2% and is now trading at $14.40.
View the best growth stocks for 2024 here
.

When is CVRx's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our CVRX earnings forecast
.

How can I listen to CVRx's earnings call?

CVRx will be holding an earnings conference call on Tuesday, April 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were CVRx's earnings last quarter?

CVRx, Inc. (NASDAQ:CVRX) announced its quarterly earnings results on Thursday, January, 25th. The company reported ($0.44) earnings per share for the quarter, beating the consensus estimate of ($0.55) by $0.11. The business earned $11.31 million during the quarter, compared to analysts' expectations of $10.90 million. CVRx had a negative trailing twelve-month return on equity of 47.30% and a negative net margin of 104.85%.

What ETF holds CVRx's stock?

iShares Neuroscience and Healthcare ETF holds 717 shares of CVRX stock, representing 0.32% of its portfolio.

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

CVRx updated its first quarter 2024 earnings guidance on Friday, January, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $11.0 million-$12.0 million, compared to the consensus revenue estimate of $11.6 million.

When did CVRx IPO?

CVRx (CVRX) raised $100 million in an IPO 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 number of retail and institutional investors. Top institutional shareholders include GSG Advisors LLC (0.17%). 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 4/24/2024 by MarketBeat.com Staff

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