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

$50.87
-0.24 (-0.47 %)
(As of 09/15/2019 04:00 PM ET)
Today's Range
$50.77
Now: $50.87
$52.1350
50-Day Range
$42.96
MA: $47.35
$51.30
52-Week Range
$24.84
Now: $50.87
$52.13
Volume201,003 shs
Average Volume277,484 shs
Market Capitalization$1.79 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.75
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. Read More…

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$248.02 million
Cash Flow$0.0896 per share
Book Value$4.25 per share

Profitability

Net Income$-250,000.00

Miscellaneous

Employees652
Market Cap$1.79 billion
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable

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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) announced its quarterly earnings data on Tuesday, August, 6th. The medical device company reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.00. The medical device company earned $68.23 million during the quarter, compared to the consensus estimate of $66.04 million. Cardiovascular Systems had a negative net margin of 0.10% and a negative return on equity of 0.18%. View Cardiovascular Systems' Earnings History.

When is Cardiovascular Systems' next earnings date?

Cardiovascular Systems is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 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 2020 earnings guidance on Tuesday, August, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $278-283 million, compared to the consensus revenue estimate of $277.4 million.

What price target have analysts set for CSII?

4 brokerages have issued 12 month target prices for Cardiovascular Systems' shares. Their forecasts range from $42.00 to $60.00. On average, they anticipate Cardiovascular Systems' share price to reach $49.00 in the next year. This suggests that the stock has a possible downside of 3.7%. 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, 2 hold ratings and 1 buy rating 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’ fourth-quarter fiscal 2019 earnings met estimates while revenues beat the mark. We are upbeat about the year-over-year uptick in Coronary and peripheral device revenues within the company’s domestic market. The company is making concerted efforts in product innovation through R&D investments. The commercial launch of orbital atherectomy in international markets continues to prove profitable. The acquisition of WIRION Embolic Protection System during the quarter buoys optimism. The enrollment of the first patient under REACH PVI Clinical Study is encouraging as well. In a year’s time, Cardiovascular Systems has outperformed the industry. On the flip side, contraction in both margins is disappointing. Also, Cardiovascular Systems faces cut-throat competition in the niche space." (8/8/2019)
  • 2. Needham & Company LLC analysts commented, "CSII’s F3Q19 revenue and EPS beat consensus and management raised the lower end of its FY19 revenue guidance. Gross margin was down 130 bps and just offset 120 bps of operating leverage resulting in an operating margin of 0.8% that was down 10 bps Y/Y. Continued strength in CSII’s core atherectomy business and building momentum in its OEM and international businesses give us increased confidence in its ability to meet its FY19 revenue guidance but we see limited potential for meaningful upside and maintain our Hold rating." (5/2/2019)

Has Cardiovascular Systems been receiving favorable news coverage?

News headlines about CSII stock have been trending somewhat positive on Sunday, according to InfoTrie. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cardiovascular Systems earned a coverage optimism score of 0.9 on InfoTrie's scale. They also assigned press coverage about the medical device company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Cardiovascular Systems.

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), Ionis Pharmaceuticals (IONS), Horizon Therapeutics (HZNP), Nektar Therapeutics (NKTR), EXACT Sciences (EXAS), Intercept Pharmaceuticals (ICPT), Karyopharm Therapeutics (KPTI) and Netflix (NFLX).

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (15.81%), Brown Capital Management LLC (13.10%), Vanguard Group Inc. (6.30%), Renaissance Technologies LLC (3.39%), Invesco Ltd. (1.52%) and Cortina Asset Management LLC (1.36%). Company insiders that own Cardiovascular Systems stock include Alexander Rosenstein, Jeffrey S Points, Martha Goldberg Aronson, Sandra Sedo and Scott R Ward. View Institutional Ownership Trends for Cardiovascular Systems.

Which major investors are selling Cardiovascular Systems stock?

CSII stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, D. E. Shaw & Co. Inc., Invesco Ltd., Bank of New York Mellon Corp, Cortina Asset Management LLC, Man Group plc, First Quadrant L P CA and AQR Capital Management LLC. Company insiders that have sold Cardiovascular Systems company stock in the last year include Alexander Rosenstein and Sandra Sedo. View Insider Buying and Selling for Cardiovascular Systems.

Which major investors are buying Cardiovascular Systems stock?

CSII stock was acquired by a variety of institutional investors in the last quarter, including Brown Capital Management LLC, Nuveen Asset Management LLC, Eagle Asset Management Inc., BlackRock Inc., Vanguard Group Inc., Renaissance Technologies LLC, Chicago Equity Partners LLC and Lisanti Capital Growth LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is Cardiovascular Systems' stock price today?

One share of CSII stock can currently be purchased for approximately $50.87.

How big of a company is Cardiovascular Systems?

Cardiovascular Systems has a market capitalization of $1.79 billion and generates $248.02 million in revenue each year. The medical device company earns $-250,000.00 in net income (profit) each year or ($0.01) on an earnings per share basis. Cardiovascular Systems employs 652 workers across the globe.View Additional Information About Cardiovascular Systems.

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:  2.7 out of 5 (star star)
Outperform Votes:  361 (Vote Outperform)
Underperform Votes:  305 (Vote Underperform)
Total Votes:  666
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 9/15/2019 by MarketBeat.com Staff

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