CryoLife, Inc., together with its subsidiaries, manufactures, processes, and distributes medical devices and implantable human tissues for use in cardiac and vascular surgeries worldwide. The company operates in two segments, Medical Devices and Preservation Services. It offers BioGlue, an agent for cross-linking proteins for cardiac, vascular, pulmonary, and general surgical applications; On-X mechanical heart valves for aortic and mitral indications; cardiac preservation services; PhotoFix, a bovine pericardial patch for use in cardiac and vascular repairing activities; and PerClot, an absorbable powdered hemostat for use in surgical procedures, including cardiac, vascular, orthopedic, neurological, gynecological, ENT, and trauma surgeries. The company also provides cardiac laser therapy products, which include laser consoles, related service and maintenance, and single-use, as well as fiber-optic hand-pieces for the treatment of coronary artery disease in patients with severe angina. In addition, it distributes E-vita OPEN PLUS, a hybrid stent graft systems for the surgical and endovascular treatment; E-xtra DESIGN ENGINEERING products for the treatment of aortic vascular diseases; E-ventus BX, a balloon-expandable peripheral stent graft for the endovascular treatment of renal and pelvic arteries; E-liac, a stent graft used to treat aneurysmal iliac arteries, as well as aneurysmal iliac side branches; E-vita THORACIC 3G is a stent graft system for the endovascular treatment of thoracic aortic aneurysms; and E-tegra, an abdominal aortic aneurysms stent graft system for the endovascular treatment. Further, the company offers vascular preservation services; and synthetic vascular grafts for use in open aortic and peripheral vascular surgical procedures. The company serves physicians, hospitals, and other healthcare industries, as well as cardiac, vascular, thoracic, and general surgeons. CryoLife, Inc. was founded in 1984 and is headquartered in Kennesaw, Georgia.
Industry, Sector and Symbol
Industry Surgical & medical instruments
Sub-IndustryHealth Care Equipment
SectorMedical
SymbolNYSE:CRY
CUSIP22890310
Phone770-419-3355
Debt
Debt-to-Equity Ratio0.77
Current Ratio5.07
Quick Ratio3.72
Price-To-Earnings
Trailing P/E Ratio70.50
Forward P/E Ratio96.72
P/E GrowthN/A
Sales & Book Value
Annual Sales$189.70 million
Price / Sales5.42
Cash Flow$0.6911 per share
Price / Cash40.59
Book Value$8.28 per share
Price / Book3.39
Profitability
EPS (Most Recent Fiscal Year)$0.40
Net Income$3.70 million
Net Margins-1.15%
Return on Equity4.55%
Return on Assets2.50%
Miscellaneous
Employees1,000
Outstanding Shares36,630,000
Cryolife (NYSE:CRY) Frequently Asked Questions
What is Cryolife's stock symbol?
Cryolife trades on the New York Stock Exchange (NYSE) under the ticker symbol "CRY."
How were Cryolife's earnings last quarter?
Cryolife Inc (NYSE:CRY) issued its earnings results on Wednesday, May, 2nd. The medical equipment provider reported $0.02 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.02. The medical equipment provider earned $61.95 million during the quarter, compared to analysts' expectations of $60.30 million. Cryolife had a positive return on equity of 4.55% and a negative net margin of 1.15%. Cryolife's quarterly revenue was up 37.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.09 EPS. View Cryolife's Earnings History.
When is Cryolife's next earnings date?
What guidance has Cryolife issued on next quarter's earnings?
Cryolife updated its FY18 earnings guidance on Wednesday, May, 2nd. The company provided earnings per share guidance of $0.29-0.32 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.31. The company issued revenue guidance of $250-256 million, compared to the consensus revenue estimate of $252.86 million.
What price target have analysts set for CRY?
3 Wall Street analysts have issued 12 month target prices for Cryolife's stock. Their predictions range from $23.50 to $28.00. On average, they expect Cryolife's share price to reach $25.8333 in the next year. View Analyst Ratings for Cryolife.
What are Wall Street analysts saying about Cryolife stock?
Here are some recent quotes from research analysts about Cryolife stock:
- 1. According to Zacks Investment Research, "CryoLife, Inc. is a leader in medical device manufacturing and distribution and in the processing and distribution of implantable living human tissues for use in cardiac and vascular surgeries. It operates throughout the U.S. and internationally. CryoLife manufactures and distributes BioGlue Surgical Adhesive, an FDA-approved adjunct to sutures and staples for use in adult patients in open surgical repair of large vessels. BioGlue is also CE marked in Europe for use in soft tissue repair and has received additional marketing approvals in several other countries throughout the world. CryoLife's BioFoam Surgical Matrix is CE marked in Europe for use as an adjunct to hemostasis in cardiovascular surgery and on abdominal parenchymal tissues (liver and spleen) when control of bleeding by ligature or conventional methods is ineffective or impractical. CryoLife distributes PerClot, a powdered hemostat, in Europe and other select international countries. " (5/30/2018)
- 2. Northland Securities analysts commented, "SER-109 stumbles do not impact the long game, in our view. To us, the attractiveness of MCRB’s C. difficile infection (CDI) programs is more about establishing proof of concept (POC) that the microbiome can be manipulated for therapeutic purposes than their revenue potential. If the IBD and/or cancer immunotherapy programs are successful, we believe far larger commercial opportunities could emerge." (3/8/2018)
- 3. Canaccord Genuity analysts commented, "We are updating our model and now include 2019 estimates. We reiterate our BUY rating and $25 price target." (1/3/2018)
Who are some of Cryolife's key competitors?
Some companies that are related to Cryolife include NuVasive (NUVA), Novocure (NVCR), Merit Medical Systems (MMSI), Nevro (NVRO), Irhythm Technologies (IRTC), Glaukos (GKOS), Mazor Robotics (MZOR), Luminex (LMNX), Orthofix International (OFIX), Atrion (ATRI), Intersect ENT (XENT), Cardiovascular Systems (CSII), OraSure Technologies (OSUR), Tandem Diabetes Care (TNDM) and Tactile Systems Technology (TCMD).
Who are Cryolife's key executives?
Cryolife's management team includes the folowing people:
- Mr. James Patrick MacKin, Chairman, Pres & CEO (Age 51)
- Mr. David Ashley Lee, Exec. VP, COO & CFO (Age 53)
- Ms. Jean F. Holloway, Sr. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec. (Age 61)
- Mr. John E. Davis, Sr. VP of Global Sales & Marketing (Age 53)
- Ms. Amy D. Horton, VP & Chief Accounting Officer (Age 48)
Has Cryolife been receiving favorable news coverage?
News articles about CRY stock have trended somewhat positive this week, according to Accern Sentiment. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cryolife earned a media sentiment score of 0.17 on Accern's scale. They also gave news coverage about the medical equipment provider an impact score of 45.71 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are Cryolife's major shareholders?
Cryolife's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.17%), Dimensional Fund Advisors LP (5.48%), Northern Trust Corp (3.20%), Elk Creek Partners LLC (1.72%), Thomson Horstmann & Bryant Inc. (0.94%) and Principal Financial Group Inc. (0.72%). Company insiders that own Cryolife stock include Amy Horton, C Elkins Ronald, David Ashley Lee, David C Gale, James Benson, James P Mackin, John E Davis, Ronald D Mccall and Scott B Capps. View Institutional Ownership Trends for Cryolife.
Which major investors are selling Cryolife stock?
CRY stock was sold by a variety of institutional investors in the last quarter, including Penn Capital Management Co. Inc., Elk Creek Partners LLC, JPMorgan Chase & Co., Citadel Advisors LLC, American International Group Inc., Dimensional Fund Advisors LP, Royal Bank of Canada and NBW Capital LLC. Company insiders that have sold Cryolife company stock in the last year include Amy Horton, C Elkins Ronald, David Ashley Lee, David C Gale, James Benson, James P Mackin, John E Davis and Ronald D Mccall. View Insider Buying and Selling for Cryolife.
Which major investors are buying Cryolife stock?
CRY stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Millrace Asset Group Inc., Monarch Partners Asset Management LLC, California Public Employees Retirement System, Northern Trust Corp, Wells Fargo & Company MN, Victory Capital Management Inc. and Thomson Horstmann & Bryant Inc.. View Insider Buying and Selling for Cryolife.
How do I buy shares of Cryolife?
Shares of CRY 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 Cryolife's stock price today?
One share of CRY stock can currently be purchased for approximately $28.20.
How big of a company is Cryolife?
Cryolife has a market capitalization of $1.05 billion and generates $189.70 million in revenue each year. The medical equipment provider earns $3.70 million in net income (profit) each year or $0.40 on an earnings per share basis. Cryolife employs 1,000 workers across the globe.
How can I contact Cryolife?
Cryolife's mailing address is 1655 Roberts Boulevard N.W, Kennesaw GA, 30144. The medical equipment provider can be reached via phone at 770-419-3355.
MarketBeat Community Rating for Cryolife (CRY)
MarketBeat's community ratings are surveys of what our community members think about Cryolife and other stocks. Vote "Outperform" if you believe CRY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CRY will underperform the S&P 500 over the long term. You may vote once every thirty days.
