Cryoport Inc. (NASDAQ: CYRX) shares are 237.18% up in the year-to-date (YTD) period and have moved 3.53% or $1.89 higher in the latest trading session. However, stock’s trailing 12-month performance remains nearly +326.59% lower. Comparatively, the stock is -1.87% down YTD and 127.27% over the trailing 3-month period. If we look at the shorter duration, its week performance is 42.97% and 71.24% over the month.
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On July 01, 2019, Needham recommended the CYRX stock is a Buy, while earlier, Stephens had Initiated the stock as a Overweight on January 08, 2020. 6 analysts offering the recommendations for the stock have a consensus rating of 1.50 to suggest that the CYRX stock is a “Strong Buy. 0 of the 6 analysts rate the stock as a “Sell”, while 0 has rated it as “Underweight”. 6 recommend buying, with 0 rating it as an Overweight.
The stock currently trades at $55.50 and analysts tracking its performance over the next 12 months have a consensus estimate price target of $27.43. The forecasts give the Cryoport Inc. stock a price target range of $60.00 on the higher side while at least one analyst think the stock could plunge to a low of $42.00. The two limits represent an upside potential of 7.5% or -32.14%.
Analysts estimate the earnings to decrease -36.40% in the current quarter to -$0.12, up from the -$0.35 reported in the same quarter a year ago. For the current year, earnings should grow to an average of -$0.47, up 33.30% from -$0.55 reported last year. Analysts also offered guidance for the next financial quarter, with their average projected EPS at between -$0.12 and -$0.06. Wall Street estimates earnings per share to be at an average of -$0.14 for the next year.
Insider Transactions Summary
According to SEC data, total insider shares purchases at the company stands at 20 over the last 12 months, while SEC filings reveal that there have been 9 insider sales over the same period. Insiders have purchases 270,089 shares while those sold by company executives and officers stand at 168,601. The last 3 months have seen insiders trade a total of 24,137 and 0 in purchases and sales respectively.
Waitr Holdings Inc. (NASDAQ:WTRH), on the other hand, is trading around $4.14 with a market cap of $460.12M and analyst research firms have a negative stance on its shares. Analysts predict that the stock will reach $5.95 and spell out a more modest performance – a 30.42% return. Some analysts are even forecasting $0.2 per share in earnings this year on a short term (1 year) basis.
Let us briefly look at the Waitr Holdings Inc. (WTRH) financials, with a focus on its operating details as indicated in its earnings report for the last quarter.
Company balance sheet and cash flow
WTRH’s operating expenses over the recent quarter were at $16.66 million. This represented a 72.47% of the company’s total revenues which amounted $60.51 million. With this in place, we can see that the company’s diluted EPS inclined $0.10 on the year-over-year period, shrinking to -$0.32 as given in the last earnings report.
In terms of the balance sheet & cash flow as of (Sep 2020), the total assets figure advanced to $215.38 million from $185.47 million over the previous quarter. The cash flow from operating activities totaled $18.96 million, significantly higher than the -$34.35 million reported in the year-ago quarter. The company’s free cash flow for the quarter was $17.25 million.
Insiders have transacted a total of 9 times at Waitr Holdings Inc. over the last 6 months, with insider purchases undertaken 5 times and accounting for 92,301 shares. Insider sales totaled 250,000 shares over the same period, with these deals completed in 4 transactions. Looking at these numbers, we realize that net purchases over that period are 1.0 shares. Insiders now hold a total of 21.06M shares after the latest sales, with -0.70% net shares purchased.
Insiders own 2.10% of the company shares, while shares held by institutions stand at 44.20% with a share float percentage of 88.45M. Investors are also buoyed by the number of investors in a company, with Waitr Holdings Inc. having a total of 100 institutions that hold shares in the company. The top two institutional holders are Luxor Capital Group, LP with over 10.17 million shares worth more than $26.76 million. As of Jun 29, 2020, Luxor Capital Group, LP held 9.24% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the investment firm holding over 4.75 million shares as of Jun 29, 2020. The firm’s total holdings are worth over $12.48 million and represent 4.31% of shares outstanding.