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.
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Industry, Sector and Symbol
Industry Surgical & medical instruments
Sub-IndustryHealth Care Equipment
SectorMedical
Phone770-419-3355
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$262.84 million
Profitability
Miscellaneous
Employees1,100
Next Earnings Date10/30/2019 (Confirmed)
OptionableOptionable
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) released its quarterly earnings results on Tuesday, July, 30th. The medical equipment provider reported $0.11 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.08 by $0.03. The medical equipment provider had revenue of $71.14 million for the quarter, compared to analysts' expectations of $70.79 million. Cryolife had a return on equity of 3.85% and a net margin of 0.87%. The business's quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.10 earnings per share. View Cryolife's Earnings History.
When is Cryolife's next earnings date?
How can I listen to Cryolife's earnings call?
Cryolife will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What guidance has Cryolife issued on next quarter's earnings?
Cryolife issued an update on its FY19 earnings guidance on Tuesday, July, 30th. The company provided earnings per share guidance of $0.28-0.32 for the period, compared to the Thomson Reuters consensus estimate of $0.30. The company issued revenue guidance of $280-284 million, compared to the consensus revenue estimate of $282.20 million.
What price target have analysts set for CRY?
3 brokerages have issued 1 year target prices for Cryolife's shares. Their predictions range from $29.65 to $35.00. On average, they expect Cryolife's stock price to reach $32.22 in the next twelve months. This suggests a possible upside of 34.2% from the stock's current price. View Analyst Price Targets for Cryolife.
What is the consensus analysts' recommendation for Cryolife?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cryolife in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. " (10/14/2019)
- 2. Needham & Company LLC analysts commented, "CRY has undergone a transition into a higher growth company with two major acquisitions since 2015. We believe that it has a full pipeline including 13 new products and indications but we don’t expect these to begin to translate to stronger revenue growth until 2020. And 2019 appears to be a transition year from an earnings and margin perspective. Given all of this, and our belief that CRY shares are fairly valued, we initiate coverage with a Hold rating." (2/27/2019)
- 3. Northland Securities analysts commented, "We continue to be strongly bullish on CryoLife. Our thesis is predicated on a few simple things: 1) Our belief in the New product intros over the next few years. The stock currently trades at ~4x Sales, which is a discount to the 5.2x multiple for the broader space. For sure, the volatility in CryoLife stock will not be as much as other players in the space. But this is a steady eddy story." (1/17/2019)
Has Cryolife been receiving favorable news coverage?
News coverage about CRY stock has trended somewhat positive on Monday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Cryolife earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave news headlines about the medical equipment provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Cryolife.
Are investors shorting Cryolife?
Cryolife saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 682,000 shares, an increase of 6.1% from the August 30th total of 643,000 shares. Based on an average daily trading volume, of 198,800 shares, the days-to-cover ratio is currently 3.4 days. Currently, 1.9% of the company's shares are short sold. View Cryolife's Current Options Chain.
Who are some of Cryolife's key competitors?
Some companies that are related to Cryolife include Abbott Laboratories (ABT), Medtronic (MDT), Stryker (SYK), Becton Dickinson and (BDX), Intuitive Surgical (ISRG), Boston Scientific (BSX), Edwards Lifesciences (EW), Baxter International (BAX), IDEXX Laboratories (IDXX), ResMed (RMD), Teleflex (TFX), DexCom (DXCM), Hologic (HOLX), Steris (STE) and Varian Medical Systems (VAR).
What other stocks do shareholders of Cryolife own?
Who are Cryolife's key executives?
Cryolife's management team includes the folowing people:
- Mr. James Patrick MacKin, Chairman, Pres & CEO (Age 52)
- Mr. David Ashley Lee CPA, CPA, Exec. VP, COO & CFO (Age 54)
- Ms. Jean F. Holloway, Sr. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec. (Age 62)
- Mr. John E. Davis, Sr. VP of Global Sales & Marketing (Age 54)
- Ms. Amy D. Horton CPA, CPA, VP & Chief Accounting Officer (Age 49)
Who are Cryolife's major shareholders?
Cryolife's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.08%) and State of Alaska Department of Revenue (0.08%). Company insiders that own Cryolife stock include Amy Horton, C Elkins Ronald, David Ashley Lee, David C Gale, Harvey Morgan, James P Mackin, Jean F Holloway, John E Davis, Ronald D Mccall and Scott B Capps. View Institutional Ownership Trends for Cryolife.
Which institutional investors are buying Cryolife stock?
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, Robinhood, Fidelity and Charles Schwab.
What is Cryolife's stock price today?
One share of CRY stock can currently be purchased for approximately $24.00.
How big of a company is Cryolife?
Cryolife has a market capitalization of $899.90 million and generates $262.84 million in revenue each year. The medical equipment provider earns $-2,840,000.00 in net income (profit) each year or $0.26 on an earnings per share basis. Cryolife employs 1,100 workers across the globe.View Additional Information About Cryolife.
What is Cryolife's official website?
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 or via email at [email protected]
MarketBeat Community Rating for Cryolife (NYSE 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.
