Cardiovascular Systems, Inc., a medical device company, develops, manufactures, and commercializes various devices to treat vascular and coronary diseases in the United States.
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has Cardiovascular Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CSII's share price has been volatile over the past 3 months.
7 Day Return
US Medical Equipment
1 Year Return
US Medical Equipment
Return vs Industry: CSII underperformed the US Medical Equipment industry which returned 15.9% over the past year.
Return vs Market: CSII underperformed the US Market which returned 16.4% over the past year.
Price Volatility Vs. Market
How volatile is Cardiovascular Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StA Look At Cardiovascular Systems' (NASDAQ:CSII) Share Price Returns
4 months ago | Simply Wall StIs Cardiovascular Systems, Inc.'s (NASDAQ:CSII) CEO Pay Justified?
5 months ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In Cardiovascular Systems, Inc. (NASDAQ:CSII)
Is Cardiovascular Systems undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CSII ($31) is trading above our estimate of fair value ($6.29)
Significantly Below Fair Value: CSII is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CSII is unprofitable, so we can't compare its PE Ratio to the US Medical Equipment industry average.
PE vs Market: CSII is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CSII's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CSII is overvalued based on its PB Ratio (4x) compared to the US Medical Equipment industry average (3.9x).
How is Cardiovascular Systems forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CSII is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: CSII is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CSII's is expected to become profitable in the next 3 years.
Revenue vs Market: CSII's revenue (15% per year) is forecast to grow faster than the US market (9.4% per year).
High Growth Revenue: CSII's revenue (15% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CSII's Return on Equity is forecast to be high in 3 years time
How has Cardiovascular Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CSII is currently unprofitable.
Growing Profit Margin: CSII is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CSII is unprofitable, but has reduced losses over the past 5 years at a rate of 50.4% per year.
Accelerating Growth: Unable to compare CSII's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CSII is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (1.2%).
Return on Equity
High ROE: CSII has a negative Return on Equity (-10.13%), as it is currently unprofitable.
How is Cardiovascular Systems's financial position?
Financial Position Analysis
Short Term Liabilities: CSII's short term assets ($287.7M) exceed its short term liabilities ($44.5M).
Long Term Liabilities: CSII's short term assets ($287.7M) exceed its long term liabilities ($26.2M).
Debt to Equity History and Analysis
Debt Level: CSII is debt free.
Reducing Debt: CSII had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CSII has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CSII is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 55.3% per year.
What is Cardiovascular Systems's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CSII's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CSII's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CSII's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CSII's dividend payments have been increasing.
Current Payout to Shareholders
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CSII's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Scott Ward (60 yo)
Mr. Scott Raymond Ward, MS, B.Sc., has been the Chief Executive Officer and President of Cardiovascular Systems Inc. since August 16, 2016 and served as an Interim Chief Executive Officer and Interim Presi ...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD4.58M) is about average for companies of similar size in the US market ($USD4.53M).
Compensation vs Earnings: Scott's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||2.5yrs||US$1.07m||0.13% |
|Chief Operating Officer||2.58yrs||US$1.99m||0.30% |
|General Counsel & Corporate Secretary||5.42yrs||US$995.92k||0.17% |
|Chief Compliance Officer||3.08yrs||US$840.72k||0.14% |
|Vice President of Investor Relations & Corporate Communications||no data||no data||no data|
|Vice President of Corporate Development & Intellectual Property||3.17yrs||no data||0.080% |
|Vice President of Human Resources||1.25yrs||no data||0.030% |
|Chief Medical Officer||no data||no data||0.11% |
Experienced Management: CSII's management team is considered experienced (3.1 years average tenure).
|Independent Director||11.5yrs||US$210.00k||0.064% |
|Independent Director||5.5yrs||US$190.00k||0.0066% |
|Lead Independent Director||4yrs||US$240.00k||0.27% |
|Independent Director||3.5yrs||US$200.00k||0.0076% |
|Independent Director||1.08yrs||no data||no data|
|Independent Director||0.75yr||no data||0.0025% |
Experienced Board: CSII's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.4%.
Cardiovascular Systems, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Cardiovascular Systems, Inc.
- Ticker: CSII
- Exchange: NasdaqGS
- Founded: 1989
- Industry: Health Care Equipment
- Sector: Healthcare
- Market Cap: US$1.225b
- Shares outstanding: 39.50m
- Website: https://www.csi360.com
Number of Employees
- Cardiovascular Systems, Inc.
- 1225 Old Highway 8 Northwest
- St. Paul
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CSII||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Feb 2009|
Cardiovascular Systems, Inc., a medical device company, develops, manufactures, and commercializes various devices to treat vascular and coronary diseases in the United States. The company offers periphera ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/10 23:54|
|End of Day Share Price||2020/08/10 00:00|