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What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
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Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
NASDAQ:CSII

Cardiovascular Systems - CSII Stock Forecast, Price & News

$16.55
+0.05 (+0.30%)
(As of 08/5/2022 08:48 PM ET)
Add
Compare
Today's Range
$16.10
$16.65
50-Day Range
$13.53
$16.57
52-Week Range
$13.41
$39.37
Volume
206,400 shs
Average Volume
371,844 shs
Market Capitalization
$674.99 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$36.33

Cardiovascular Systems MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
119.5% Upside
$36.33 Price Target
Short Interest
Healthy
3.67% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.01
Upright™ Environmental Score
News Sentiment
0.14mentions of Cardiovascular Systems in the last 14 days
Based on 12 Articles This Week
Insider Trading
Acquiring Shares
$43,500 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.68) to ($0.48) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.33 out of 5 stars

Medical Sector

309th out of 1,283 stocks

Surgical & Medical Instruments Industry

32nd out of 130 stocks

CSII stock logo

About Cardiovascular Systems (NASDAQ:CSII) Stock

Cardiovascular Systems, Inc., a medical device company, develops and commercializes solutions to treat peripheral and coronary artery diseases in the United States and internationally. The company offers peripheral artery disease products, which are catheter-based platforms to treat various plaque types in above and below the knee, including calcified plaque, as well as address various limitations related with surgical, catheter, and pharmacological treatment alternatives; and peripheral support products. It also provides Diamondback 360 Coronary orbital atherectomy systems (OAS), a coronary artery disease (CAD) product designed to facilitate stent delivery in patients with CAD who are acceptable candidates for percutaneous transluminal coronary angioplasty or stenting due to severely calcified coronary artery lesions. The company has a partnership with Chansu Vascular Technologies, LLC to develop peripheral and coronary everolimus drug-coated balloons. The company was formerly known as Shturman Cardiology Systems, Inc. and changed its name to Cardiovascular Systems, Inc. in January 2003. Cardiovascular Systems, Inc. was founded in 1989 and is headquartered in Saint Paul, Minnesota.

Cardiovascular Systems Trading Up 0.3 %

CSII traded up $0.05 during trading on Friday, hitting $16.55. 206,443 shares of the stock were exchanged, compared to its average volume of 287,734. The firm has a 50 day simple moving average of $15.16 and a 200 day simple moving average of $17.82. The firm has a market cap of $674.91 million, a price-to-earnings ratio of -17.42 and a beta of 0.94. Cardiovascular Systems has a 1 year low of $13.41 and a 1 year high of $39.37. The company has a debt-to-equity ratio of 0.08, a quick ratio of 4.58 and a current ratio of 6.05.

Cardiovascular Systems (NASDAQ:CSII - Get Rating) last announced its quarterly earnings results on Wednesday, May 4th. The medical device company reported ($0.25) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.28) by $0.03. Cardiovascular Systems had a negative return on equity of 14.40% and a negative net margin of 15.64%. The business had revenue of $56.22 million for the quarter, compared to the consensus estimate of $57.38 million. During the same period last year, the business posted ($0.15) EPS. The business's revenue was down 11.1% compared to the same quarter last year. As a group, equities analysts expect that Cardiovascular Systems will post -0.68 EPS for the current year.

Insider Activity

In related news, CFO Jeffrey S. Points purchased 3,000 shares of the business's stock in a transaction dated Friday, May 20th. The shares were acquired at an average cost of $14.50 per share, for a total transaction of $43,500.00. Following the acquisition, the chief financial officer now owns 109,312 shares of the company's stock, valued at approximately $1,585,024. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 3.00% of the company's stock.

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CSII Stock News Headlines

Cardiovascular Systems, Inc. (CSII)
Cardiovascular Systems Tops Q3 EPS by 3c
Cardiovascular Systems Q3 2022 Earnings Preview
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CSII Company Calendar

Last Earnings
11/08/2021
Today
8/08/2022
Next Earnings (Estimated)
11/08/2022
Fiscal Year End
6/30/2023

Industry, Sector and Symbol

Industry
Surgical & medical instruments
Sub-Industry
Health Care Equipment
Sector
Medical
Current Symbol
NASDAQ:CSII
CUSIP
14161910
Employees
780
Year Founded
1989

Price Target and Rating

Average Stock Price Forecast
$36.33
High Stock Price Forecast
$49.00
Low Stock Price Forecast
$20.00
Forecasted Upside/Downside
+119.5%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$-36,930,000.00
Pretax Margin
-15.50%

Debt

Sales & Book Value

Annual Sales
$236.22 million
Book Value
$6.12 per share

Miscellaneous

Free Float
39,398,000
Market Cap
$674.99 million
Optionable
Optionable
Beta
0.94

Social Links


Key Executives

  • Mr. Scott Raymond Ward B.Sc. (Age 62)
    M.S., MS, Chairman, Pres & CEO
    Comp: $1.46M
  • Mr. Jeffrey S. Points (Age 45)
    Chief Financial Officer
    Comp: $682.69k
  • Mr. Alexander Rosenstein (Age 50)
    Gen. Counsel & Corp. Sec.
    Comp: $614.96k
  • Mr. John M. Hastings (Age 42)
    Exec. VP of Operations & Technology
  • Mr. John E. Nielsen
    VP of Investor Relations & Corp. Communications
  • Ms. Sandra M. Sedo (Age 58)
    Chief Compliance Officer
  • Mr. Stephen J. Rempe (Age 49)
    Chief HR Officer
  • Dr. Jeffrey W. Chambers M.D.
    Chief Medical Officer













CSII Stock - Frequently Asked Questions

Should I buy or sell Cardiovascular Systems stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cardiovascular Systems in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Cardiovascular Systems stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CSII, but not buy additional shares or sell existing shares.
View analyst ratings for Cardiovascular Systems
or view top-rated stocks.

What is Cardiovascular Systems' stock price forecast for 2022?

5 Wall Street research analysts have issued 1 year price objectives for Cardiovascular Systems' stock. Their CSII stock forecasts range from $20.00 to $49.00. On average, they expect Cardiovascular Systems' share price to reach $36.33 in the next twelve months. This suggests a possible upside of 119.5% from the stock's current price.
View analysts' price targets for Cardiovascular Systems
or view top-rated stocks among Wall Street analysts.

How has Cardiovascular Systems' stock performed in 2022?

Cardiovascular Systems' stock was trading at $18.78 at the beginning of 2022. Since then, CSII shares have decreased by 11.9% and is now trading at $16.55.
View the best growth stocks for 2022 here
.

When is Cardiovascular Systems' next earnings date?

Cardiovascular Systems is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our earnings forecast for Cardiovascular Systems
.

How were Cardiovascular Systems' earnings last quarter?

Cardiovascular Systems, Inc. (NASDAQ:CSII) announced its earnings results on Monday, November, 8th. The medical device company reported ($0.22) EPS for the quarter, missing the consensus estimate of ($0.10) by $0.12. The medical device company earned $58.40 million during the quarter, compared to analysts' expectations of $63.72 million. Cardiovascular Systems had a negative net margin of 15.64% and a negative trailing twelve-month return on equity of 14.40%. The company's revenue was down 3.5% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.05) earnings per share.

What guidance has Cardiovascular Systems issued on next quarter's earnings?

Cardiovascular Systems updated its FY 2023 earnings guidance on Wednesday, August, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $255.00 million-$265.00 million, compared to the consensus revenue estimate of $236.73 million.

What is Scott Ward's approval rating as Cardiovascular Systems' CEO?

12 employees have rated Cardiovascular Systems CEO Scott Ward on Glassdoor.com. Scott Ward has an approval rating of 81% among Cardiovascular Systems' employees.

What other stocks do shareholders of Cardiovascular Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cardiovascular Systems investors own include Gilead Sciences (GILD), AbbVie (ABBV), Advanced Micro Devices (AMD), Medtronic (MDT), Pfizer (PFE), Xcel Energy (XEL), ACADIA Pharmaceuticals (ACAD), Johnson & Johnson (JNJ), Merck & Co., Inc. (MRK) and Procter & Gamble (PG).

What is Cardiovascular Systems' stock symbol?

Cardiovascular Systems trades on the NASDAQ under the ticker symbol "CSII."

Who are Cardiovascular Systems' major shareholders?

Cardiovascular Systems' stock is owned by a variety of institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (2.11%), Allspring Global Investments Holdings LLC (0.19%), SG Americas Securities LLC (0.13%), Russell Investments Group Ltd. (0.12%), M&T Bank Corp (0.10%) and Envestnet Asset Management Inc. (0.10%). Company insiders that own Cardiovascular Systems stock include Alexander Rosenstein, Erik Paulsen, Jeffrey S Points, Martha Goldberg Aronson, Rhonda J Robb, Sandra Sedo and Scott R Ward.
View institutional ownership trends for Cardiovascular Systems
.

How do I buy shares of Cardiovascular Systems?

Shares of CSII stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Cardiovascular Systems' stock price today?

One share of CSII stock can currently be purchased for approximately $16.55.

How much money does Cardiovascular Systems make?

Cardiovascular Systems (NASDAQ:CSII) has a market capitalization of $674.91 million and generates $236.22 million in revenue each year. The medical device company earns $-13,420,000.00 in net income (profit) each year or ($0.95) on an earnings per share basis.

How many employees does Cardiovascular Systems have?

Cardiovascular Systems employs 780 workers across the globe.

When was Cardiovascular Systems founded?

Cardiovascular Systems was founded in 1989.

How can I contact Cardiovascular Systems?

Cardiovascular Systems' mailing address is 1225 OLD HWY 8 NW, ST. PAUL MN, 55112. The official website for Cardiovascular Systems is www.csi360.com. The medical device company can be reached via phone at (651) 259-1600, via email at j.nielsen@csi360.com, or via fax at 612-677-3355.

This page (NASDAQ:CSII) was last updated on 8/8/2022 by MarketBeat.com Staff

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