CryoPort Inc (NASDAQ: CYRX) Has Been Falling -67.40% Since The Beginning Of The Year. Troubles Ahead?

During the last session, CryoPort Inc (NASDAQ:CYRX)’s traded shares were 0.41 million, with the beta value of the company hitting 1.88. At the end of the trading day, the stock’s price was $5.55, reflecting an intraday loss of -1.16% or -$0.06. The 52-week high for the CYRX share is $17.41, that puts it down -213.69 from that peak though still a striking 17.48% gain since the share price plummeted to a 52-week low of $4.58. The company’s market capitalization is $276.75M, and the average intraday trading volume over the past 10 days was 0.53 million shares, and the average trade volume was 456.10K shares over the past three months.

CryoPort Inc (CYRX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.89. CYRX has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.31.

CryoPort Inc (NASDAQ:CYRX) trade information

CryoPort Inc (CYRX) registered a -1.16% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.16% in intraday trading to $5.55, hitting a weekly high. The stock’s 5-day price performance is 6.02%, and it has moved by -5.05% in 30 days. Based on these gigs, the overall price performance for the year is -67.40%. The short interest in CryoPort Inc (NASDAQ:CYRX) is 2.44 million shares and it means that shorts have 3.56 day(s) to cover.

The consensus price target of analysts on Wall Street is $11, which implies an increase of 49.55% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $11 and $11 respectively. As a result, CYRX is trading at a discount of -98.2% off the target high and -98.2% off the low.

CryoPort Inc (CYRX) estimates and forecasts

In the rating firms’ projections, revenue will decrease -12.16% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 49.33M as predicted by 8 analyst(s). Meanwhile, a consensus of 8 analyst(s) estimates revenue growth to 48.8M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 54.59M and 57.6M respectively. In this case, analysts expect current quarter sales to shrink by -9.65% and then drop by -15.27% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -35.29%. While earnings are projected to return 55.75% in 2025, the next five years will return 29.39% per annum.

CYRX Dividends

CryoPort Inc is due to release its next quarterly earnings on 2025-Mar-03. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

CryoPort Inc (NASDAQ:CYRX)’s Major holders

CryoPort Inc insiders own 2.67% of total outstanding shares while institutional holders control 100.88%, with the float percentage being 103.64%. BROWN CAPITAL MANAGEMENT LLC is the largest shareholder of the company, while 212.0 institutions own stock in it. As of 2024-06-30, the company held over 6.19 million shares (or 12.5378% of all shares), a total value of $42.75 million in shares.

The next largest institutional holding, with 4.69 million shares, is of MORGAN STANLEY’s that is approximately 9.5133% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $32.44 million.

Also, the Mutual Funds coming in first place with the largest holdings of CryoPort Inc (CYRX) shares are ALGER FUNDS-Alger Small Cap Focus Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . Data provided on Jan 31, 2025 indicates that ALGER FUNDS-Alger Small Cap Focus Fund owns about 1.84 shares. This amounts to just over 3.68 percent of the company’s overall shares, with a $10.18 million market value. The same data shows that the other fund manager holds slightly less at 1.47, or about 2.95% of the stock, which is worth about $8.17 million.