In recent trading session, Cardiovascular Systems Inc. (NASDAQ:CSII) saw 0.69 million shares changing hands at last check today with its beta currently measuring 0.93. Company’s recent per share price level of $20.33 trading at $2.26 or 12.48% at last check today assigns it a market valuation of $756.23M. That most recent trading price of CSII’s stock is at a discount of -137.48% from its 52-week high price of $48.28 and is indicating a premium of 13.87% from its 52-week low price of $17.51. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.35 million shares which gives us an average trading volume of 394.67K if we extend that period to 3-months.
For Cardiovascular Systems Inc. (CSII), analysts’ consensus is at an average recommendation of an Overweight while assigning it a mean rating of 2.40. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.13 in the current quarter.
Cardiovascular Systems Inc. (NASDAQ:CSII) trade information
Upright in the green today for gaining 12.48%, in the last five days CSII remained trading in the red while hitting it’s week-highest on Friday, 01/14/22 when the stock touched $20.33 price level, adding 2.77% to its value on the day. Cardiovascular Systems Inc.’s shares saw a change of -3.78% in year-to-date performance and have moved -3.47% in past 5-day. Cardiovascular Systems Inc. (NASDAQ:CSII) showed a performance of -4.99% in past 30-days. Number of shares sold short was 0.87 million shares which calculate 1.66 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $37.75 to the stock, which implies a rise of 46.15% to its recent value today. Analysts have been projecting $32.00 as a low price target for the stock while placing it at a high target of $40.00. It follows that stock’s current price would drop -96.75% in reaching the projected high whereas dropping to the targeted low would mean a loss of -57.4% for stock’s current value.
Cardiovascular Systems Inc. (CSII) estimates and forecasts
Statistics highlight that Cardiovascular Systems Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -50.47% of value to its shares in past 6 months, showing an annual growth rate of -31.43% while that of industry is 13.40. Apart from that, the company came lowering its revenue forecast for fiscal year 2022. This year revenue growth is estimated to rise 4.30% from the last financial year’s standing.
8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $63.17 million for the same. And 8 analysts are in estimates of company making revenue of $69.47 million in the next quarter that will end on Mar 2022.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 27.50% during past 5 years.
Cardiovascular Systems Inc. is more likely to be releasing its next quarterly report between February 01 and February 07 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Cardiovascular Systems Inc. (NASDAQ:CSII)’s Major holders
Insiders are in possession of 2.95% of company’s total shares while institution are holding 95.07 percent of that, with stock having share float percentage of 97.97%. Investors also watch the number of corporate investors in a company very closely, which is 95.07% institutions for Cardiovascular Systems Inc. that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at CSII for having 6.7 million shares of worth $219.88 million. And as of Sep 29, 2021, it was holding 16.52% of the company’s outstanding shares.
The second largest institutional holder is Brown Capital Management, Inc., which was holding about 5.94 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 14.64% of outstanding shares, having a total worth of $194.88 million.
On the other hand, Brown Capital Management Small Company Fund and iShares Core S&P Smallcap ETF are the top two Mutual Funds which own company’s shares. As of Sep 29, 2021, the former fund manager was holding 3.14 million shares of worth $103.02 million or 7.74% of the total outstanding shares. The later fund manager was in possession of 2.71 million shares on Oct 30, 2021, making its stake of worth around $94.94 million in the company or a holder of 6.67% of company’s stock.