Is Cryoport Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: CYRX) stock is to Strong Buy CYRX stock.
Out of 2 analysts, 1 (50%) are recommending CYRX as a Strong Buy, 1 (50%) are recommending CYRX as a Buy, 0 (0%) are recommending CYRX as a Hold, 0 (0%) are recommending CYRX as a Sell, and 0 (0%) are recommending CYRX as a Strong Sell.
What is CYRX's forecast return on equity (ROE) for 2023-2024?
(NASDAQ: CYRX) forecast ROE is 0.65%, which is considered weak.
What is CYRX's Price Target?
According to 2 Wall Street analysts that have issued a 1 year CYRX price target, the average CYRX price target is $30.00, with the highest CYRX stock price forecast at $30.00 and the lowest CYRX stock price forecast at $30.00.
On average, Wall Street analysts predict that Cryoport's share price could reach $30.00 by May 5, 2024. The average Cryoport stock price prediction forecasts a potential upside of 52.75% from the current CYRX share price of $19.64.
What is CYRX's forecast return on assets (ROA) for 2023-2024?
(NASDAQ: CYRX) forecast ROA is 0.35%, which is lower than the forecast US Integrated Freight & Logistics industry average of 12.27%.
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