Cryoport Stock Today
| CYRX Stock | USD 16.23 0.12 0.74% |
Performance3 of 100
| Odds Of DistressLess than 39
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Cryoport is trading at 16.23 as of the 25th of April 2024; that is 0.74% increase since the beginning of the trading day. The stock's open price was 16.11. Cryoport has about a 39 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Cryoport are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of January 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | IPO Date 15th of March 2005 | Category Industrials | Classification Health Care |
Cryoport, Inc., a life sciences services company, provides temperature-controlled logistics solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1999 and is headquartered in Brentwood, Tennessee. The company has 49.16 M outstanding shares of which 4.06 M shares are currently shorted by private and institutional investors with about 6.83 trading days to cover. More on Cryoport
Moving together with Cryoport Stock
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Moving against Cryoport Stock
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| 0.67 | UNH | UnitedHealth Group Financial Report 12th of July 2024 | PairCorr |
| 0.67 | BBLG | Bone Biologics Corp Financial Report 20th of May 2024 | PairCorr |
| 0.58 | HCAT | Health Catalyst Financial Report 14th of May 2024 | PairCorr |
| 0.48 | RSLS | ReShape Lifesciences | PairCorr |
| 0.44 | HSDT | Helius Medical Techn Financial Report 9th of May 2024 | PairCorr |
Cryoport Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cryoport's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cryoport or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Jerrell Shelton | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Health Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Composite Total, Health Care, Health Care Equipment & Supplies, Integrated Freight & Logistics, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Cryoport report their recommendations after researching Cryoport's financial statements, talking to executives and customers, or listening in on Cryoport's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Cryoport. The Cryoport consensus assessment is calculated by taking the average forecast from all of the analysts covering Cryoport. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Cryoport's liquidity, profitability, solvency, and operating efficiency, Cryoport is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Cryoport is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Cryoport's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Cryoport's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cryoport's financial leverage. It provides some insight into what part of Cryoport's total assets is financed by creditors.
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Cryoport (CYRX) is traded on NASDAQ Exchange in USA. It is located in 112 Westwood Place, Brentwood, TN, United States, 37027 and employs 1,019 people. Cryoport is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 792.04 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cryoport's market, we take the total number of its shares issued and multiply it by Cryoport's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Cryoport conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 49.16 M outstanding shares of which 4.06 M shares are currently shorted by private and institutional investors with about 6.83 trading days to cover.
Cryoport currently holds about 550.62 M in cash with (757 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.35.
Check Cryoport Probability Of Bankruptcy
Ownership AllocationCryoport retains a total of 49.16 Million outstanding shares. The majority of Cryoport outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cryoport to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cryoport. Please pay attention to any change in the institutional holdings of Cryoport as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Cryoport Ownership Details
Cryoport Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Cryoport jumping above the current price in 90 days from now is about 55.96%. The Cryoport probability density function shows the probability of Cryoport stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.1798 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Cryoport will likely underperform. Additionally, cryoport has an alpha of 0.0336, implying that it can generate a 0.0336 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Cryoport to move above the current price in 90 days from now is about 55.96 (This Cryoport probability density function shows the probability of Cryoport Stock to fall within a particular range of prices over 90 days) .
Cryoport Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Cryoport that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cryoport's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cryoport's value.| Instituion | Recorded On | Shares | |
| Deutsche Bank Ag | 2023-12-31 | 1.3 M | |
| Clearbridge Advisors, Llc | 2023-12-31 | 1.3 M | |
| Macquarie Group Ltd | 2023-12-31 | 1.1 M | |
| Geode Capital Management, Llc | 2023-12-31 | 996.3 K | |
| State Street Corporation | 2023-12-31 | 953.2 K | |
| Gw&k Investment Management, Llc | 2023-12-31 | 817.1 K | |
| Hhg Plc | 2023-12-31 | 770.1 K | |
| Thematics Asset Management | 2023-12-31 | 749 K | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 722.1 K | |
| Brown Capital Management, Llc | 2023-12-31 | 6.8 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 4.2 M |
Cryoport Historical Income Statement
Cryoport Income Statement is one of the three primary financial statements used for reporting Cryoport's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cryoport revenue and expense. Cryoport Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Cryoport's Interest Income is fairly stable compared to the past year. Selling And Marketing Expenses is likely to rise to about 16.7 M in 2024, despite the fact that Operating Income is likely to grow to (55.7 M). View More FundamentalsCryoport Stock Against Markets
Picking the right benchmark for Cryoport stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cryoport stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cryoport is critical whether you are bullish or bearish towards Cryoport at a given time. Please also check how Cryoport's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Cryoport without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Cryoport Corporate Directors
Cryoport corporate directors refer to members of a Cryoport board of directors. The board of directors generally takes responsibility for the Cryoport's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Cryoport's board members must vote for the resolution. The Cryoport board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Richard Schwalm | Independent Director | Profile | |
| Richard Berman | Director | Profile | |
| Robert Hariri | Director | Profile | |
| Daniel Hancock | Director | Profile |
How to buy Cryoport Stock?
Before investing in Cryoport, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Cryoport. To buy Cryoport stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cryoport. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Cryoport stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Cryoport stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Cryoport stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Cryoport, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Cryoport Stock please use our How to Invest in Cryoport guide.
Already Invested in Cryoport?
The danger of trading Cryoport is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cryoport is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cryoport. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cryoport is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Cryoport offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cryoport's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cryoport Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cryoport Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cryoport. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Cryoport Stock please use our How to Invest in Cryoport guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Cryoport Stock analysis
When running Cryoport's price analysis, check to measure Cryoport's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cryoport is operating at the current time. Most of Cryoport's value examination focuses on studying past and present price action to predict the probability of Cryoport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cryoport's price. Additionally, you may evaluate how the addition of Cryoport to your portfolios can decrease your overall portfolio volatility.
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Is Cryoport's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cryoport. If investors know Cryoport will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cryoport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.21) | Revenue Per Share 4.786 | Quarterly Revenue Growth (0.05) | Return On Assets (0.04) | Return On Equity (0.19) |
The market value of Cryoport is measured differently than its book value, which is the value of Cryoport that is recorded on the company's balance sheet. Investors also form their own opinion of Cryoport's value that differs from its market value or its book value, called intrinsic value, which is Cryoport's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cryoport's market value can be influenced by many factors that don't directly affect Cryoport's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cryoport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cryoport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cryoport's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.