NASDAQ:CSII - Cardiovascular Systems Stock Price, News, & Analysis

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$34.16 +0.23 (+0.68 %)
(As of 04/18/2019 04:00 PM ET)
Previous Close$33.93
Today's Range$33.37 - $34.42
52-Week Range$21.88 - $42.64
Volume424,010 shs
Average Volume479,824 shs
Market Capitalization$1.19 billion
P/E Ratio683.20
Dividend YieldN/A
Beta2.16
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 peripheral arterial disease products, including Diamondback 360 Peripheral, Predator 360, Stealth 360 Peripheral Orbital Atherectomy System (OAS), Diamondback 360 60cm Peripheral OAS, Diamondback 360 Low Profile Peripheral, Diamondback 360 1.50 Peripheral, Diamondback 360 2.00 Peripheral, Diamondback 360 200cm Peripheral, and Diamondback 360 180cm Peripheral, which are catheter-based platforms for treating a range of plaque types in leg arteries above and below the knee, including calcified plaque, as well as address various limitations associated with surgical, catheter, and pharmacological treatment alternatives. It also provides Diamondback 360 Coronary OAS, an atherectomy device for the treatment of calcified coronary arteries. Cardiovascular Systems, Inc. was founded in 1989 and is headquartered in St. Paul, Minnesota.

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Industry, Sector and Symbol

Industry Surgical & medical instruments
Sub-IndustryHealth Care Equipment
SectorMedical
Current SymbolNASDAQ:CSII
CUSIP14161910
Phone651-259-1600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$217.04 million
Cash Flow$0.1649 per share
Book Value$4.04 per share

Profitability

Net Income$1.71 million

Miscellaneous

Employees652
Market Cap$1.19 billion
Next Earnings Date5/1/2019 (Confirmed)
OptionableOptionable

Cardiovascular Systems (NASDAQ:CSII) Frequently Asked Questions

What is Cardiovascular Systems' stock symbol?

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

How were Cardiovascular Systems' earnings last quarter?

Cardiovascular Systems Inc (NASDAQ:CSII) released its earnings results on Wednesday, January, 30th. The medical device company reported $0.01 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.04) by $0.05. The medical device company had revenue of $60.21 million for the quarter, compared to analysts' expectations of $59.66 million. Cardiovascular Systems had a net margin of 0.74% and a return on equity of 1.28%. View Cardiovascular Systems' Earnings History.

When is Cardiovascular Systems' next earnings date?

Cardiovascular Systems is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Cardiovascular Systems.

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

Cardiovascular Systems issued an update on its FY 2019 earnings guidance on Wednesday, January, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $243-247 million, compared to the consensus revenue estimate of $244.95 million.

What price target have analysts set for CSII?

4 equities research analysts have issued twelve-month target prices for Cardiovascular Systems' shares. Their predictions range from $42.00 to $50.00. On average, they anticipate Cardiovascular Systems' share price to reach $45.6667 in the next year. This suggests a possible upside of 33.7% from the stock's current price. View Analyst Price Targets for Cardiovascular Systems.

What is the consensus analysts' recommendation for Cardiovascular Systems?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cardiovascular Systems in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cardiovascular Systems.

What are Wall Street analysts saying about Cardiovascular Systems stock?

Here are some recent quotes from research analysts about Cardiovascular Systems stock:
  • 1. According to Zacks Investment Research, "Cardiovascular Systems witnessed year-over-year increase in the Coronary and Peripheral device segments in the last-reported quarter. The company continued to see higher revenues from Atherectomy franchises, growing international sales of OAS and top-line contributions from the emerging product pipeline. We are also upbeat about the company’s recent announcement of the first global use of Diamondback 360 Coronary OAS in UAE. Further, the company is progressing with the international distribution agreement with OrbusNeich to sell its coronary and peripheral OAS outside the United States and Japan. In the past three months, Cardiovascular Systems has outperformed the industry. On the flip side, the company faces cut-throat competition in the niche space. Further, its failure to enter global markets might affect results." (4/18/2019)
  • 2. Needham & Company LLC analysts commented, "CSII’s F1Q19 revenue beat while EPS missed consensus and management maintained FY19 revenue guidance. While CSII should continue to benefit from the Japanese launch, an exclusive international distribution agreement (OrbusNeich), new support products, and building rep productivity, we believe there is execution risk in CSII’s long-term transformation (see our analyst meeting note here). Given these points, increasingly difficult comps in FY19, and our belief that CSII shares are fairly valued, we maintain our Hold rating." (10/31/2018)

Has Cardiovascular Systems been receiving favorable news coverage?

News stories about CSII stock have been trending positive recently, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cardiovascular Systems earned a media sentiment score of 2.1 on InfoTrie's scale. They also assigned media stories about the medical device company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the company's share price in the next few days.

Are investors shorting Cardiovascular Systems?

Cardiovascular Systems saw a decrease in short interest during the month of March. As of March 29th, there was short interest totalling 2,192,314 shares, a decrease of 40.6% from the March 15th total of 3,688,567 shares. Based on an average daily trading volume, of 369,823 shares, the short-interest ratio is presently 5.9 days. Approximately 6.5% of the shares of the stock are sold short. View Cardiovascular Systems' Current Options Chain.

Who are some of Cardiovascular Systems' key competitors?

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), Xcel Energy (XEL), Horizon Pharma (HZNP), Ionis Pharmaceuticals (IONS), Intercept Pharmaceuticals (ICPT), Karyopharm Therapeutics (KPTI), Netflix (NFLX), Nektar Therapeutics (NKTR) and Allergan (AGN).

Who are Cardiovascular Systems' key executives?

Cardiovascular Systems' management team includes the folowing people:
  • Mr. Scott Raymond Ward M.S., MS, B.Sc., Chairman, Pres & CEO (Age 59)
  • Mr. Jeffrey S. Points, Chief Financial Officer (Age 42)
  • Ms. Rhonda J. Robb, Chief Operating Officer (Age 51)
  • Mr. Alexander Rosenstein, Gen. Counsel & Corp. Sec. (Age 47)
  • Ms. Laura J. Gillund, Chief Talent Officer (Age 58)

Who are Cardiovascular Systems' major shareholders?

Cardiovascular Systems' stock is owned by many different of institutional and retail investors. Top institutional investors include Meeder Asset Management Inc. (0.06%), Louisiana State Employees Retirement System (0.04%), State of Alaska Department of Revenue (0.03%) and Country Club Trust Company n.a. (0.02%). Company insiders that own Cardiovascular Systems stock include Alexander Rosenstein, Edward M Brown, Jeffrey S Points, Kevin J Kenny, Laura Gillund, Laurence L Betterley, Martha Goldberg Aronson, Sandra Sedo and Scott R Ward. View Institutional Ownership Trends for Cardiovascular Systems.

Which major investors are buying Cardiovascular Systems stock?

CSII stock was bought by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc., Louisiana State Employees Retirement System, State of Alaska Department of Revenue and Country Club Trust Company n.a.. Company insiders that have bought Cardiovascular Systems stock in the last two years include Martha Goldberg Aronson and Scott R Ward. View Insider Buying and Selling for Cardiovascular Systems.

How do I buy shares of Cardiovascular Systems?

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

What is Cardiovascular Systems' stock price today?

One share of CSII stock can currently be purchased for approximately $34.16.

How big of a company is Cardiovascular Systems?

Cardiovascular Systems has a market capitalization of $1.19 billion and generates $217.04 million in revenue each year. The medical device company earns $1.71 million in net income (profit) each year or $0.05 on an earnings per share basis. Cardiovascular Systems employs 652 workers across the globe.

What is Cardiovascular Systems' official website?

The official website for Cardiovascular Systems is http://www.csi360.com.

How can I contact Cardiovascular Systems?

Cardiovascular Systems' mailing address is 1225 OLD HWY 8 NW, ST. PAUL MN, 55112. The medical device company can be reached via phone at 651-259-1600 or via email at [email protected]


MarketBeat Community Rating for Cardiovascular Systems (NASDAQ CSII)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  353 (Vote Outperform)
Underperform Votes:  287 (Vote Underperform)
Total Votes:  640
MarketBeat's community ratings are surveys of what our community members think about Cardiovascular Systems and other stocks. Vote "Outperform" if you believe CSII will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CSII will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/18/2019 by MarketBeat.com Staff

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