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CVRx NasdaqGS:CVRX Stock Report

Last Price

US$7.27

Market Cap

US$157.9m

7D

-21.1%

1Y

-40.8%

Updated

10 May, 2024

Data

Company Financials +

CVRX Stock Overview

CVRx, Inc., a commercial-stage medical device company, focuses on developing, manufacturing, and commercializing neuromodulation solutions for patients with cardiovascular diseases.

CVRX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

CVRx, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CVRx
Historical stock prices
Current Share PriceUS$7.27
52 Week HighUS$33.14
52 Week LowUS$7.25
Beta1.29
1 Month Change-59.54%
3 Month Change-70.17%
1 Year Change-40.85%
3 Year Changen/a
5 Year Changen/a
Change since IPO-74.04%

Recent News & Updates

The Price Is Right For CVRx, Inc. (NASDAQ:CVRX) Even After Diving 47%

May 04
The Price Is Right For CVRx, Inc. (NASDAQ:CVRX) Even After Diving 47%

Recent updates

The Price Is Right For CVRx, Inc. (NASDAQ:CVRX) Even After Diving 47%

May 04
The Price Is Right For CVRx, Inc. (NASDAQ:CVRX) Even After Diving 47%

Rock star Growth Puts CVRx (NASDAQ:CVRX) In A Position To Use Debt

Apr 10
Rock star Growth Puts CVRx (NASDAQ:CVRX) In A Position To Use Debt

The Price Is Right For CVRx, Inc. (NASDAQ:CVRX) Even After Diving 25%

Feb 29
The Price Is Right For CVRx, Inc. (NASDAQ:CVRX) Even After Diving 25%

Revenues Tell The Story For CVRx, Inc. (NASDAQ:CVRX) As Its Stock Soars 34%

Nov 11
Revenues Tell The Story For CVRx, Inc. (NASDAQ:CVRX) As Its Stock Soars 34%

Companies Like CVRx (NASDAQ:CVRX) Are In A Position To Invest In Growth

Aug 20
Companies Like CVRx (NASDAQ:CVRX) Are In A Position To Invest In Growth

CVRx Pursues Revenue Growth But Operating Losses Worsen

Aug 05

CVRx: Barostim Story Looks Well Priced In, Overvalued At Just 5x Sales

Jun 21

We Think CVRx (NASDAQ:CVRX) Can Afford To Drive Business Growth

Apr 12
We Think CVRx (NASDAQ:CVRX) Can Afford To Drive Business Growth

Earnings Release: Here's Why Analysts Cut Their CVRx, Inc. (NASDAQ:CVRX) Price Target To US$20.33

Feb 18
Earnings Release: Here's Why Analysts Cut Their CVRx, Inc. (NASDAQ:CVRX) Price Target To US$20.33

CVRx: The Path To 7x Investment Returns

Jan 07

CVRx: High Risk And High Potential Reward

Jul 04

Shareholder Returns

CVRXUS Medical EquipmentUS Market
7D-21.1%1.2%2.7%
1Y-40.8%-0.05%26.0%

Return vs Industry: CVRX underperformed the US Medical Equipment industry which returned -1.9% over the past year.

Return vs Market: CVRX underperformed the US Market which returned 25% over the past year.

Price Volatility

Is CVRX's price volatile compared to industry and market?
CVRX volatility
CVRX Average Weekly Movement13.5%
Medical Equipment Industry Average Movement8.2%
Market Average Movement6.1%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: CVRX's share price has been volatile over the past 3 months.

Volatility Over Time: CVRX's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2000200Kevin Hykeswww.cvrx.com

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.

CVRx, Inc. Fundamentals Summary

How do CVRx's earnings and revenue compare to its market cap?
CVRX fundamental statistics
Market capUS$157.86m
Earnings (TTM)-US$52.01m
Revenue (TTM)US$42.09m

3.7x

P/S Ratio

-3.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CVRX income statement (TTM)
RevenueUS$42.09m
Cost of RevenueUS$6.54m
Gross ProfitUS$35.54m
Other ExpensesUS$87.55m
Earnings-US$52.01m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-2.41
Gross Margin84.45%
Net Profit Margin-123.58%
Debt/Equity Ratio44.2%

How did CVRX perform over the long term?

See historical performance and comparison
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