Share on StockTwits

Cyberonics (NASDAQ:CYBX) is set to post its Q115 quarterly earnings results on Thursday, August 21st. Analysts expect the company to announce earnings of $0.55 per share and revenue of $74.10 million for the quarter. Cyberonics has set its FY15 guidance at $2.33-2.39 EPS.

Cyberonics (NASDAQ:CYBX) last released its earnings data on Wednesday, June 4th. The company reported $0.55 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.54 by $0.01. The company had revenue of $74.80 million for the quarter, compared to the consensus estimate of $76.70 million. During the same quarter in the prior year, the company posted $0.46 earnings per share. The company’s quarterly revenue was up 9.5% on a year-over-year basis. On average, analysts expect Cyberonics to post $2.36 EPS for the current fiscal year and $2.77 EPS for the next fiscal year.

Cyberonics (NASDAQ:CYBX) opened at 62.61 on Wednesday. Cyberonics has a one year low of $49.65 and a one year high of $73.52. The stock has a 50-day moving average of $60.21 and a 200-day moving average of $62.61. The company has a market cap of $1.670 billion and a price-to-earnings ratio of 30.90.

A number of analysts have recently weighed in on CYBX shares. Analysts at Sterne Agee initiated coverage on shares of Cyberonics in a research note on Tuesday, June 24th. They set a “buy” rating and a $65.00 price target on the stock. On a related note, analysts at Jefferies Group reiterated a “buy” rating on shares of Cyberonics in a research note on Tuesday, June 10th. They now have a $70.00 price target on the stock, down previously from $80.00. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Cyberonics in a research note on Thursday, June 5th. They now have a $70.00 price target on the stock, down previously from $85.00. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Cyberonics currently has a consensus rating of “Buy” and a consensus price target of $67.00.

In other Cyberonics news, CEO Daniel Jeffrey Moore sold 7,000 shares of the stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $60.74, for a total transaction of $425,180.00. The sale was disclosed in a filing with the SEC, which is available at this link.

Cyberonics, Inc (NASDAQ:CYBX) is a medical device company.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.