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This Stock's Getting Attention (Ad)
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
A Breakout Stock Is On The Way (Ad)
Wall Street builds on gains, heads for 4-week winning streak
Pipeline break spills 45,000 gallons of diesel in Wyoming
Judge revives Obama-era ban on coal sales from federal lands
A Breakout Stock Is On The Way (Ad)
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QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
This Stock's Getting Attention (Ad)
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
A Breakout Stock Is On The Way (Ad)
Wall Street builds on gains, heads for 4-week winning streak
Pipeline break spills 45,000 gallons of diesel in Wyoming
Judge revives Obama-era ban on coal sales from federal lands
A Breakout Stock Is On The Way (Ad)
NASDAQ:CYRX

Cryoport - CYRX Stock Forecast, Price & News

$45.00
+1.40 (+3.21%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$43.64
$45.36
50-Day Range
$24.08
$45.00
52-Week Range
$19.82
$86.30
Volume
452,019 shs
Average Volume
521,845 shs
Market Capitalization
$2.18 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$61.33

Cryoport MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
36.3% Upside
$61.33 Price Target
Short Interest
Healthy
11.20% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.49mentions of Cryoport in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.80) to ($0.24) Per Share

Overall MarketRank

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

1.92 out of 5 stars

Transportation Sector

85th out of 124 stocks

Pharmaceutical Preparations Industry

426th out of 550 stocks

CYRX stock logo

About Cryoport (NASDAQ:CYRX) Stock

Cryoport, Inc., a life sciences services company, provides temperature-controlled logistics solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Cryoportal, a cloud-based logistics management platform that supports the management of shipments, which includes order entry, document preparation, customs documentation, courier management, real-time shipment tracking and monitoring, issue resolution, and regulatory compliance requirements; and CryoPort Express Shippers, which is used to ensure that the stability of shipped biologic commodities is maintained throughout the shipping cycle. It also provides information dashboards and validation documentation for shipments through data collected by the SmartPak Condition Monitoring System; and vacuum insulated aluminum dewars and cryogenic freezers systems. In addition, the company offers biological specimen cryopreservation storage and maintenance; archiving, monitoring, tracking, receipt, and delivery of samples; transportation of frozen biological specimens to and from customer locations; and management of incoming and outgoing biological specimens, as well as provides logistics support and management; and short-term logistics and engineering consulting services. It serves biopharma/pharma, animal health, and human reproductive medicine markets. The company was founded in 1999 and is headquartered in Brentwood, Tennessee.

Analysts Set New Price Targets

CYRX has been the topic of several recent analyst reports. Needham & Company LLC boosted their target price on Cryoport from $41.00 to $42.00 and gave the stock a "buy" rating in a research report on Tuesday, July 12th. Roth Capital decreased their price target on Cryoport from $90.00 to $67.00 in a research note on Tuesday, May 3rd. KeyCorp decreased their price target on Cryoport from $92.00 to $52.00 in a research note on Friday, May 6th. B. Riley decreased their price target on Cryoport from $61.00 to $55.00 in a research note on Tuesday, May 17th. Finally, BTIG Research decreased their price target on Cryoport from $95.00 to $60.00 in a research note on Friday, May 6th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $61.33.

Cryoport Price Performance

CYRX Stock traded up $1.40 on Friday, reaching $45.00. The company had a trading volume of 452,019 shares, compared to its average volume of 521,845. Cryoport has a 1 year low of $19.82 and a 1 year high of $86.30. The company has a debt-to-equity ratio of 0.73, a quick ratio of 13.69 and a current ratio of 14.21. The company's fifty day moving average is $32.51 and its 200 day moving average is $31.39. The company has a market cap of $2.18 billion, a P/E ratio of -7.13 and a beta of 1.13.

Cryoport (NASDAQ:CYRX - Get Rating) last posted its earnings results on Thursday, August 4th. The consumer goods maker reported ($0.23) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.08). Cryoport had a negative net margin of 125.96% and a negative return on equity of 14.43%. The company had revenue of $64.20 million during the quarter, compared to analysts' expectations of $64.58 million. During the same period in the previous year, the company posted ($0.16) EPS. Cryoport's quarterly revenue was up 14.2% compared to the same quarter last year. On average, research analysts forecast that Cryoport will post -0.8 earnings per share for the current year.

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CYRX Stock News Headlines

CYRX Crosses Above Key Moving Average Level
Analysts Anticipate EZM Will Reach $61
Cryoport Reports Results for the Second Quarter 2022
CryoPort's Earnings: A Preview - Benzinga
Daseke (DSKE) Q2 Earnings Lag Estimates
What 4 Analyst Ratings Have To Say About CryoPort
See More Headlines
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CYRX Company Calendar

Last Earnings
8/04/2022
Today
8/13/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:CYRX
Employees
791
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$61.33
High Stock Price Forecast
$92.00
Low Stock Price Forecast
$42.00
Forecasted Upside/Downside
+36.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$-275,530,000.00
Net Margins
-125.96%
Pretax Margin
-125.59%

Debt

Sales & Book Value

Annual Sales
$222.61 million
Book Value
$11.43 per share

Miscellaneous

Free Float
43,786,000
Market Cap
$2.18 billion
Optionable
Optionable
Beta
1.13














CYRX Stock - Frequently Asked Questions

Should I buy or sell Cryoport stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cryoport in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CYRX shares.
View CYRX analyst ratings
or view top-rated stocks.

What is Cryoport's stock price forecast for 2022?

6 brokers have issued 12-month price targets for Cryoport's stock. Their CYRX share price forecasts range from $42.00 to $92.00. On average, they anticipate the company's stock price to reach $61.33 in the next twelve months. This suggests a possible upside of 36.3% from the stock's current price.
View analysts price targets for CYRX
or view top-rated stocks among Wall Street analysts.

How have CYRX shares performed in 2022?

Cryoport's stock was trading at $59.17 at the beginning of 2022. Since then, CYRX stock has decreased by 23.9% and is now trading at $45.00.
View the best growth stocks for 2022 here
.

When is Cryoport's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our CYRX earnings forecast
.

How were Cryoport's earnings last quarter?

Cryoport, Inc. (NASDAQ:CYRX) announced its quarterly earnings data on Thursday, August, 4th. The consumer goods maker reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by $0.08. The consumer goods maker earned $64.20 million during the quarter, compared to analysts' expectations of $64.58 million. Cryoport had a negative trailing twelve-month return on equity of 14.43% and a negative net margin of 125.96%. Cryoport's revenue for the quarter was up 14.2% on a year-over-year basis. During the same quarter last year, the company earned ($0.16) EPS.

What guidance has Cryoport issued on next quarter's earnings?

Cryoport issued an update on its FY 2022 earnings guidance on Thursday, August, 11th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $260.00 million-$265.00 million, compared to the consensus revenue estimate of $260.62 million.

What other stocks do shareholders of Cryoport own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cryoport investors own include Gilead Sciences (GILD), Advanced Micro Devices (AMD), Micron Technology (MU), NVIDIA (NVDA), Taiwan Semiconductor Manufacturing (TSM), Amarin (AMRN), QUALCOMM (QCOM), Enterprise Products Partners (EPD), Pfizer (PFE) and Block (SQ).

What is Cryoport's stock symbol?

Cryoport trades on the NASDAQ under the ticker symbol "CYRX."

Who are Cryoport's major shareholders?

Cryoport's stock is owned by a variety of retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (2.83%), Clearbridge Investments LLC (2.50%), Granite Investment Partners LLC (1.86%), Northern Trust Corp (1.74%), abrdn plc (1.56%) and Redwood Investments LLC (0.88%). Insiders that own company stock include Daniel M Hancock, Daniel M Hancock, Edward J Zecchini, Freeze Parent LP Blackstone, Jerrell Shelton, Mark W Sawicki, Michael R Egeck, Richard J Berman and Robert Stefanovich.
View institutional ownership trends
.

How do I buy shares of Cryoport?

Shares of CYRX 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 Cryoport's stock price today?

One share of CYRX stock can currently be purchased for approximately $45.00.

How much money does Cryoport make?

Cryoport (NASDAQ:CYRX) has a market capitalization of $2.18 billion and generates $222.61 million in revenue each year. The consumer goods maker earns $-275,530,000.00 in net income (profit) each year or ($6.18) on an earnings per share basis.

How many employees does Cryoport have?

The company employs 791 workers across the globe.

How can I contact Cryoport?

Cryoport's mailing address is 112 Westwood Place Suite 350, Brentwood TN, 37027. The official website for the company is www.cryoport.com. The consumer goods maker can be reached via phone at (949) 470-2300, via email at tfromer@kcsa.com, or via fax at 949-470-2306.

This page (NASDAQ:CYRX) was last updated on 8/13/2022 by MarketBeat.com Staff

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