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CVRx (CVRX)
NASDAQ:CVRX
CVRx (CVRX) Stock Price & Analysis
126 Followers
CVRX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.40 - $33.14
Previous Close$9.71
Volume44.93K
Average Volume (3M)381.23K
Market Cap
$208.18M
Enterprise Value$159.94M
Total Cash (Recent Filing)$80.11M
Total Debt (Recent Filing)$30.36M
Price to Earnings (P/E)―
Beta1.65
Next Earnings
Jul 29, 2024EPS Estimate
-$0.55Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.48
Shares Outstanding21,595,576
10 Day Avg. Volume402,731
30 Day Avg. Volume381,233
Standard Deviation0.26
R-Squared0.04
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)3.53
Price to Sales (P/S)20.67
Price to Cash Flow (P/CF)-5.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.80
Enterprise Value/Gross Profit4.84
Enterprise Value/Ebitda-3.29
Forecast
1Y Price Target
$13.80Price Target Upside43.15% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
CVRx News
Bulls Say, Bears Say
Bulls Say
LeadershipNew CEO Hykes will strongly enhance the long-term outlook.
Market OpportunityCVRx has a novel technology with robust clinical evidence in a multi-billion-dollar market with a significant unmet need.
ValuationThe combination of improving fundamentals and shares having sold off 55% presents a favorable risk/reward opportunity.
Bears Say
EarningsQ1 results were light of expectations on unexpected sales force turnover from a too aggressive 2024 incentive structure negatively impacting sales force morale.
ReimbursementA reimbursement cut in 2025 could prove to be a fairly significant headwind, especially given the benefit expected for CVRX this year.
Sales ForceSales force disruption is typically a multi-quarter overhang.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CVRX FAQ
What was CVRx’s price range in the past 12 months?
CVRx lowest stock price was $6.40 and its highest was $33.13 in the past 12 months.
What is CVRx’s market cap?
Currently, no data Available
When is CVRx’s upcoming earnings report date?
CVRx’s upcoming earnings report date is Jul 29, 2024 which is in 11 days.
How were CVRx’s earnings last quarter?
CVRx released its earnings results on Apr 30, 2024. The company reported -$1.04 earnings per share for the quarter, missing the consensus estimate of -$0.541 by -$0.499.
Is CVRx overvalued?
According to Wall Street analysts CVRx’s price is currently Undervalued.
Does CVRx pay dividends?
CVRx does not currently pay dividends.
What is CVRx’s EPS estimate?
CVRx’s EPS estimate is -$0.55.
How many shares outstanding does CVRx have?
CVRx has 21,595,575 shares outstanding.
What happened to CVRx’s price movement after its last earnings report?
CVRx reported an EPS of -$1.04 in its last earnings report, missing expectations of -$0.541. Following the earnings report the stock price went down -34.752%.
Which hedge fund is a major shareholder of CVRx?
Among the largest hedge funds holding CVRx’s share is Royce & Associates LLC. It holds CVRx’s shares valued at 2M.
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CVRx Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$13.80 (43.15% Upside)
$13.80 (43.15% Upside)
Blogger Sentiment
Bullish
CVRX Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 8.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.7%
Last 30 Days ▲ 4.9%
Last 30 Days ▲ 4.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-41.22%
12-Months-Change
Fundamentals
Return on Equity
-62.70%
Trailing 12-Months
Asset Growth
-13.46%
Trailing 12-Months
Company Description
CVRx
CVRx Inc is a commercial-stage medical device company focused on developing, manufacturing, and commercializing minimally invasive neuromodulation solutions for patients with cardiovascular diseases. Its proprietary platform technology, Barostim, is designed to leverage the power of the brain to address the imbalance of the Autonomic Nervous System, which causes heart failure and other cardiovascular diseases.
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CVRX Earnings Call
Q1 2024
0:00 / 0:00
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CVRX Stock 12 Month Forecast
Average Price Target
$13.80
▲(43.15% Upside)
Technical Analysis
Best Analysts Covering CVRX
1 Year
1 Year Success Rate
8/15 ratings generated profit
1 Year Average Return
+17.93%
reiterated a buy rating 3 months ago
Copying Matthew O'Brien's trades and holding each position for 1 Year would result in 53.33% of your transactions generating a profit, with an average return of +17.93% per trade.
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