CVRx Inc

Company Profile

CVRx Inc had its IPO on 2021-06-30 under the ticker symbol CVRX.

The company operates in the Healthcare sector and Medical Devices industry. CVRx Inc has a staff strength of 160 employees.

Stock update

Shares of CVRx Inc opened at $15.51 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $14.57 - $15.68, and closed at $15.26.

This is a -2.49% slip from the previous day's closing price.

A total volume of 135,772 shares were traded at the close of the day’s session.

In the last one week, shares of CVRx Inc have slipped by -11.79%.

CVRx Inc's Key Ratios

CVRx Inc has a market cap of $255.37 million, indicating a price to book ratio of 2.4006 and a price to sales ratio of 16.2167.

In the last 12-months CVRx Inc’s revenue was $26.37 million with a gross profit of $17.47 million and an EBITDA of $-44302000. The EBITDA ratio measures CVRx Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, CVRx Inc’s operating margin was -169.8% while its return on assets stood at -20.96% with a return of equity of -36.21%.

In Q1, CVRx Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 95.8%.

CVRx Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-2.1 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into CVRx Inc’s profitability.

CVRx Inc stock is trading at a EV to sales ratio of 9.1955 and a EV to EBITDA ratio of -4.2901. Its price to sales ratio in the trailing 12-months stood at 16.2167.

CVRx Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$122.69 million

Total Liabilities

$7.96 million

Operating Cash Flow

$-240000.00

Capital Expenditure

$240000

Dividend Payout Ratio

0%

CVRx Inc ended 2024 with $122.69 million in total assets and $0 in total liabilities. Its intangible assets were valued at $122.69 million while shareholder equity stood at $99.64 million.

CVRx Inc ended 2024 with $0 in deferred long-term liabilities, $7.96 million in other current liabilities, 207000.00 in common stock, $-447556000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $103.28 million and cash and short-term investments were $103.28 million. The company’s total short-term debt was $0 while long-term debt stood at $14.22 million.

CVRx Inc’s total current assets stands at $120.58 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $6.43 million compared to accounts payable of $2.00 million and inventory worth $8.24 million.

In 2024, CVRx Inc's operating cash flow was $-240000.00 while its capital expenditure stood at $240000.

Comparatively, CVRx Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$15.26

52-Week High

$19.94

52-Week Low

$5.23

Analyst Target Price

$19.75

CVRx Inc stock is currently trading at $15.26 per share. It touched a 52-week high of $19.94 and a 52-week low of $19.94. Analysts tracking the stock have a 12-month average target price of $19.75.

Its 50-day moving average was $16.82 and 200-day moving average was $14 The short ratio stood at 4.11 indicating a short percent outstanding of 0%.

Around 1033.3% of the company’s stock are held by insiders while 7068.2% are held by institutions.