Artivion (AORT) AI Stock Analysis

• Market Cap: $2.01B
• Dividend Yield: N/A
• Average Volume (3M): 309.14K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.83
• Revenue Growth: 9.81%
• EPS Growth: -1067.00%
• Country: US
• Employees: 1,600
• Sector: Healthcare
• Sector Strength: 45
• Industry: Medical - Devices
• EPS (TTM): 0.13
• Shares Outstanding: 47,374,940
• 10 Day Avg. Volume: 259,758
• 30 Day Avg. Volume: 309,136
• PEG Ratio: 1.56
• Price to Book (P/B): 4.31
• Price to Sales (P/S): 3.07
• P/FCF Ratio: 107.85
• Enterprise Value/Market Cap: 1.12
• Enterprise Value/Revenue: 5.33
• Enterprise Value/Gross Profit: 8.27
• Enterprise Value/Ebitda: 49.61
• 1Y Price Target: $51.71
• Price Target Upside: 19.17% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): 0.45
• Revenue Forecast (FY): $490.18M

• Rating: 58 Neutral
• Price Target: $46.00 ▲(6.02% Upside)

Artivion's overall score is driven by strong earnings call performance and strategic corporate events, offset by financial performance challenges and valuation concerns. The company's ability to sustain growth and improve profitability will be key to enhancing its stock score.

Positive Factors

Revenue Growth

The strong revenue and EBITDA growth indicate robust demand for Artivion's products, enhancing its market position and supporting long-term financial health.

Product Line Expansion

Growth in key product lines like stent grafts and On-X valves demonstrates successful product adoption and potential for sustained revenue expansion.

Financial Flexibility

Improved credit terms provide Artivion with greater financial flexibility to invest in growth opportunities and manage debt efficiently.

Negative Factors

Profitability Challenges

Persistent profitability issues, as indicated by negative net margins, may hinder Artivion's ability to reinvest in growth and innovation.

Cash Flow Constraints

Cash flow constraints could limit Artivion's ability to fund operations and strategic initiatives, impacting long-term growth potential.

Cybersecurity Costs

Ongoing costs from past cybersecurity incidents can strain resources and divert funds from growth and innovation efforts.

Artivion Business Overview & Revenue Model

Company Description

Artivion Inc. manufactures, processes, and distributes medical devices and implantable human tissues worldwide. The company offers BioGlue, a polymer consisting of bovine blood protein and an agent for cross-linking proteins for cardiac, vascular, neurologic, and pulmonary procedures; cardiac preservation services; PhotoFix, a bovine pericardial patch; and E-vita Open Plus and E-vita Open Neo. It also provides E-xtra design engineering systems for the treatment of aortic vascular diseases; E-nside, an off-the-shelf stent graft for the treatment of thoraco-abdominal disease; E-vita THORACIC 3G for the endovascular treatment of thoracic aortic aneurysms; E-nya, a thoracic stent graft system for the minimally invasive repair of lesions of the descending aorta; E-ventus BX, a balloon-expandable peripheral stent graft for the endovascular treatment of renal and pelvic arteries; E-liac to treat aneurysmal iliac arteries, and aneurysmal iliac side branches; and E-tegra, an abdominal aortic aneurysms stent graft system. In addition, the company offers synthetic vascular grafts for use in open aortic and peripheral vascular surgical procedures; PerClot, an absorbable powdered hemostat for use in surgical procedures; cardiac laser therapy products for angina treatment; CryoVein femoral vein and CryoArtery femoral artery vascular preservation services; On-X prosthetic aortic and mitral heart valves and the On-X ascending aortic prosthesis; CarbonAid CO2 diffusion catheters and Chord-X ePTFE sutures for mitral chordal replacement; and ascyrus medical dissection stents, as well as pyrolytic carbon coating services to medical device manufacturers. It serves physicians, hospitals, and other healthcare facilities, as well as cardiac, vascular, thoracic, and general surgeons. The company was formerly known as CryoLife, Inc. and changed its name to Artivion Inc. in January 2022. The company was founded in 1984 and is headquartered in Kennesaw, Georgia.

How the Company Makes Money

Artivion generates revenue primarily through the sale of its medical devices and surgical products, which are utilized in hospitals and surgical centers worldwide. The company has established key revenue streams through direct sales to healthcare providers, as well as distribution agreements with various partners in the medical field. Significant partnerships with major healthcare organizations and ongoing research and development efforts contribute to its earnings by expanding its product offerings and enhancing its market presence. Additionally, Artivion invests in clinical studies to validate the efficacy of its products, which can lead to increased adoption and sales in the marketplace.

Artivion Financial Statement Overview

Summary

Artivion shows revenue growth and improved leverage, but faces profitability and cash flow challenges. The company needs to enhance operational efficiencies and cash flow management.

Income Statement

Artivion's revenue has shown consistent growth, with a TTM revenue growth rate of 4.35%. However, the company is struggling with profitability, as indicated by negative net profit margins over the periods. The gross profit margin remains strong at around 64%, but the EBIT and EBITDA margins have declined in the TTM period, reflecting operational challenges.

Balance Sheet

The company's debt-to-equity ratio has significantly improved in the TTM period, dropping to 0.02 from over 1.2 in previous years, indicating reduced leverage. However, the return on equity remains negative, suggesting ongoing profitability issues. The equity ratio is stable, reflecting a balanced asset structure.

Cash Flow

Artivion faces challenges in cash flow management, with a significant decline in free cash flow growth in the TTM period. The operating cash flow to net income ratio is positive, indicating some operational efficiency, but the free cash flow to net income ratio is negative, highlighting cash flow constraints.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	422.65M	388.54M	354.00M	313.79M	298.84M	253.23M
Gross Profit	272.59M	248.78M	229.18M	202.52M	197.51M	167.78M
EBITDA	45.43M	50.97M	26.79M	25.68M	26.04M	20.24M
Net Income	-9.14M	-13.36M	-30.69M	-19.19M	-14.83M	-16.68M
Balance Sheet
Total Assets	857.66M	789.10M	792.40M	762.80M	793.05M	789.40M
Cash, Cash Equivalents and Short-Term Investments	73.43M	53.46M	58.94M	39.35M	55.01M	61.41M
Total Debt	261.99M	362.26M	358.34M	356.83M	362.04M	317.37M
Total Liabilities	418.97M	512.90M	510.62M	478.47M	492.32M	460.69M
Stockholders Equity	438.69M	276.20M	281.78M	284.33M	300.73M	328.71M
Cash Flow
Free Cash Flow	15.75M	11.05M	11.39M	-15.87M	-15.68M	5.04M
Operating Cash Flow	28.71M	22.24M	18.82M	-5.15M	-2.58M	12.37M
Investing Cash Flow	-22.96M	-28.19M	-502.00K	-10.71M	5.66M	-73.13M
Financing Cash Flow	10.78M	2.20M	865.00K	-1.64M	-12.22M	93.61M

Artivion Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 43.39
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AORT, the sentiment is Neutral. The current price of 43.39 is below the 20-day moving average (MA) of 45.31, below the 50-day MA of 45.43, and above the 200-day MA of 36.90, indicating a neutral trend. The MACD of -0.65 indicates Positive momentum. The RSI at 39.22 is Neutral, neither overbought nor oversold. The STOCH value of 23.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AORT.

Artivion Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AXGN	66 Neutral	$1.44B	-633.06	-1.90%	―	18.72%	85.77%
LIVN	63 Neutral	$3.45B	-15.49	-17.63%	―	8.97%	-1024.86%
AORT	58 Neutral	$2.01B	―	-2.45%	―	9.81%	-1067.00%
SIBN	57 Neutral	$762.82M	-33.26	-12.91%	―	23.27%	43.90%
OFIX	55 Neutral	$570.24M	-4.63	-24.60%	―	4.31%	3.26%
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%
IART	45 Neutral	$985.34M	-1.92	-38.71%	―	4.99%	-7151.40%