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CVRx Inc (CVRX)

NASDAQ
Currency in USD
13.48
+0.08(+0.60%)
Closed
After Hours
13.480.00(0.00%)
CVRX Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Fair Value
Day's Range
13.4213.82
52 wk Range
6.4033.14
Key Statistics
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Prev. Close
13.4
Open
13.49
Day's Range
13.42-13.82
52 wk Range
6.4-33.14
Volume
143.16K
Average Volume (3m)
298.92K
1-Year Change
-44.18%
Book Value / Share
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Fair Value
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Fair Value Upside
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CVRX Scorecardpro icon
Company’s Health
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Fair Value
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Upsidepro lock
Price Target
17.33
Upside
+28.56%
Members' Sentiments
Bearish
Bullish
ProTips
Stock has taken a big hit over the last week
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CVRx Inc Company Profile

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 Inc SWOT Analysis


Reimbursement Pivot
CVRx awaits crucial decision on outpatient reimbursement rates for Barostim, potentially impacting financial performance and stock value
Barostim's Significance
Explore CVRx's neurostimulation-based treatment for heart failure and hypertension, with 85-90% of procedures performed in outpatient settings
Market Volatility
CVRx stock fluctuates between $6.40 and $33.13, reflecting market uncertainty amid pending reimbursement decision
Analyst Optimism
Delve into Canaccord Genuity's BUY rating with a $15 price target, highlighting potential upside despite regulatory challenges
Read full SWOT analysis
CVRX Full Pro Research
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CVRx Inc Earnings Call Summary for Q4/2024

  • Q3 revenue up 27% to $13.4M, driven by US Heart Failure; net loss $13.1M ($0.57/share)
  • Reimbursement wins: higher DRG payment, Category 1 CPT codes for Barostim therapy
  • 2024 revenue forecast: $50.5M-$51.5M; Q4 projection: $14.5M-$15.5M
  • $100.2M cash on hand; $20M loan and $20.3M equity offering strengthen balance sheet
  • Focus on Barostim as standard care; optimistic about cash flow breakeven and 20%+ growth
Last Updated: 2024/10/30, 21:56
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Compare CVRX to Peers and Sector

Metrics to compare
CVRX
Peers
Sector
Relationship
P/E Ratio
−5.6x−5.5x−0.7x
PEG Ratio
0.18−0.010.00
Price/Book
5.0x1.7x2.6x
Price / LTM Sales
6.9x1.9x3.2x
Upside (Analyst Target)
33.5%31.0%46.6%
Fair Value Upside
Unlock12.2%7.4%Unlock

Analysts' Recommendations

5 Buy
2 Hold
0 Sell
Ratings:
6 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 17.33

(+28.59% Upside)

FAQ

What Is the CVRx (CVRX) Stock Price Today?

The CVRx stock price today is 13.48

What Stock Exchange Does CVRx Trade On?

CVRx is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for CVRx?

The stock symbol for CVRx is "CVRX."

What Is the CVRx Market Cap?

As of today, CVRx market cap is 327.07M.

What is CVRx Earnings Per Share?

The CVRx EPS is -2.70.

What Is the Next CVRx Earnings Date?

CVRx will release its next earnings report on 22 Jan 2025.

From a Technical Analysis Perspective, Is CVRX a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Sell.
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