Cryoport Stock Target Price
| CYRX Stock | USD 15.95 1.21 7.05% |
Cryoport fundamentals help investors to digest information that contributes to Cryoport's financial success or failures. It also enables traders to predict the movement of Cryoport Stock. The fundamental analysis module provides a way to measure Cryoport's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cryoport stock.
Cryoport | Target Price |
Cryoport Target Price Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cryoport's direct or indirect competition against its Target Price to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cryoport could also be used in its relative valuation, which is a method of valuing Cryoport by comparing valuation metrics of similar companies.Cryoport is currently under evaluation in target price category among related companies.
Cryoport Current Valuation Drivers
We derive many important indicators used in calculating different scores of Cryoport from analyzing Cryoport's financial statements. These drivers represent accounts that assess Cryoport's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cryoport's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 549.7M | 1.7B | 2.7B | 849.9M | 754.9M | 792.7M | |
| Enterprise Value | 507.2M | 1.8B | 3.0B | 1.2B | 1.1B | 1.2B |
Cryoport Fundamentals
| Return On Equity | -0.19 | ||||
| Return On Asset | -0.0367 | ||||
| Profit Margin | (0.43) % | ||||
| Operating Margin | (0.34) % | ||||
| Current Valuation | 766.71 M | ||||
| Shares Outstanding | 49.16 M | ||||
| Shares Owned By Insiders | 2.42 % | ||||
| Shares Owned By Institutions | 97.58 % | ||||
| Number Of Shares Shorted | 4.43 M | ||||
| Price To Earning | (13.39) X | ||||
| Price To Book | 1.86 X | ||||
| Price To Sales | 3.68 X | ||||
| Revenue | 233.25 M | ||||
| Gross Profit | 103.87 M | ||||
| EBITDA | (31.16 M) | ||||
| Net Income | (99.59 M) | ||||
| Cash And Equivalents | 550.62 M | ||||
| Cash Per Share | 11.35 X | ||||
| Total Debt | 416 M | ||||
| Debt To Equity | 0.76 % | ||||
| Current Ratio | 14.21 X | ||||
| Book Value Per Share | 9.45 X | ||||
| Cash Flow From Operations | (757 K) | ||||
| Short Ratio | 8.35 X | ||||
| Earnings Per Share | (2.21) X | ||||
| Target Price | 18.33 | ||||
| Number Of Employees | 1.02 K | ||||
| Beta | 1.59 | ||||
| Market Capitalization | 784.17 M | ||||
| Total Asset | 957.74 M | ||||
| Retained Earnings | (642.42 M) | ||||
| Working Capital | 489.5 M | ||||
| Current Asset | 4.13 M | ||||
| Current Liabilities | 2.17 M | ||||
| Net Asset | 957.74 M |
About Cryoport Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cryoport's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cryoport using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cryoport based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cryoport in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cryoport's short interest history, or implied volatility extrapolated from Cryoport options trading.
Pair Trading with Cryoport
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cryoport position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cryoport will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Cryoport could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cryoport when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cryoport - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cryoport to buy it.
The correlation of Cryoport is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cryoport moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cryoport moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cryoport can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Cryoport Piotroski F Score and Cryoport Altman Z Score analysis. For more information on how to buy Cryoport Stock please use our How to Invest in Cryoport guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |
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.