For its second fiscal quarter (ending June 30), Cryoport Inc (NASDAQ: CYRX) has reported E.P.S. of $-1.62 compared to $-0.42 a year ago. This performance was $-1.22 short of the consensus estimate of $-0.40. For the latest four quarters through June 30, E.P.S. were $-3.67 versus $-0.97 for the same period a year ago.
Recent Price Action
Cryoport Inc (NASDAQ: CYRX) stock enjoyed a large increase of 4.1% on 8/6/24. The stock closed at $7.79. However, this advance was accompanied by below average trading volume at 74% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -14.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to fall short of the cost of capital, CYRX is expected to continue to be a modest Value Eraser.
Cryoport has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Cryoport has a slightly negative Appreciation Score of 38 and a poor Power Rating of 17, triggering the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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