NASDAQ:VCYT Veracyte (VCYT) Stock Price, News & Analysis → The Overlooked Retirement Asset You Probably Don’t Own (From Crypto 101 Media) (Ad) Free VCYT Stock Alerts $22.88 -0.52 (-2.22%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$22.85▼$23.4750-Day Range$18.86▼$23.5552-Week Range$18.61▼$30.52Volume628,696 shsAverage Volume769,367 shsMarket Capitalization$1.75 billionP/E RatioN/ADividend YieldN/APrice Target$27.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Veracyte alerts: Email Address Veracyte MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside20.2% Upside$27.50 Price TargetShort InterestBearish5.74% of Shares Sold ShortDividend StrengthN/ASustainability-1.02Upright™ Environmental ScoreNews Sentiment1.43Based on 5 Articles This WeekInsider TradingSelling Shares$216,500 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.19) to $0.07 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.92 out of 5 starsMedical Sector418th out of 921 stocksMedical Laboratories Industry11th out of 19 stocks 2.3 Analyst's Opinion Consensus RatingVeracyte has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 4 buy ratings, no hold ratings, and 1 sell rating.Amount of Analyst CoverageVeracyte has only been the subject of 4 research reports in the past 90 days.Read more about Veracyte's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.74% of the outstanding shares of Veracyte have been sold short.Short Interest Ratio / Days to CoverVeracyte has a short interest ratio ("days to cover") of 6.3.Change versus previous monthShort interest in Veracyte has recently increased by 20.60%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldVeracyte does not currently pay a dividend.Dividend GrowthVeracyte does not have a long track record of dividend growth. Previous Next 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreVeracyte has received a 67.11% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Diagnostic test kits", "Management consulting for the pharmaceutical industry", and "DNA sequencers" products. See details.Environmental SustainabilityThe Environmental Impact score for Veracyte is -1.02. Previous Next 3.0 News and Social Media Coverage News SentimentVeracyte has a news sentiment score of 1.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Veracyte this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for VCYT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Veracyte insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $216,500.00 in company stock.Percentage Held by InsidersOnly 2.60% of the stock of Veracyte is held by insiders.Read more about Veracyte's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Veracyte are expected to grow in the coming year, from ($0.19) to $0.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veracyte is -24.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Veracyte is -24.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioVeracyte has a P/B Ratio of 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Veracyte's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsForget Bitcoin: This $8 Stock Is the Next Big Thing4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.Get the name of the stock here >>> About Veracyte Stock (NASDAQ:VCYT)Veracyte, Inc. operates as a diagnostics company in the United States and internationally. The company offers Afirma Genomic Sequencing Classifier for cancerous thyroid nodules; Decipher Prostate Biopsy and Radical Prostatectomy for prostate cancer diagnosis; Prosigna Breast Cancer Assay for breast cancer diagnosis; Percepta Nasal Swab Test for lung cancer diagnosis; and Envisia Genomic Classifier for diagnosing interstitial lung disease, including idiopathic pulmonary fibrosis. It is also developing Envisia Classifier, the nCounter analysis system; and LymphMark for lymphoma subtyping test. The company was formerly known as Calderome, Inc. and changed its name to Veracyte, Inc. in March 2008. Veracyte, Inc. was incorporated in 2006 and is headquartered in South San Francisco, California.Read More VCYT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VCYT Stock News HeadlinesMay 15, 2024 | americanbankingnews.comVeracyte, Inc. (NASDAQ:VCYT) Receives Average Recommendation of "Moderate Buy" from AnalystsMay 14, 2024 | americanbankingnews.comVeracyte, Inc. (NASDAQ:VCYT) Short Interest UpdateMay 10, 2024 | markets.businessinsider.comVeracyte’s Robust Performance and Growth Potential Reinforce Buy RatingMay 10, 2024 | markets.businessinsider.comVeracyte’s Strong Q1 Performance and Upbeat Outlook Justify Buy RatingMay 10, 2024 | americanbankingnews.comVeracyte (NASDAQ:VCYT) Given New $27.00 Price Target at Needham & Company LLCMay 9, 2024 | finance.yahoo.comIs Veracyte, Inc. (NASDAQ:VCYT) Trading At A 43% Discount?May 8, 2024 | markets.businessinsider.comMaintaining Buy on Veracyte: Strong Q1 Performance and Progress Toward ProfitabilityMay 8, 2024 | finance.yahoo.comVeracyte, Inc. (NASDAQ:VCYT) Q1 2024 Earnings Call TranscriptMay 8, 2024 | finance.yahoo.comVeracyte Inc (VCYT) (Q1 2024) Earnings Call Transcript Highlights: Strong Start with Revenue ...May 7, 2024 | finance.yahoo.comVeracyte Inc (VCYT) Q1 2024 Earnings: Surpasses Revenue Forecasts with Strong Test PerformanceMay 7, 2024 | seekingalpha.comVeracyte, Inc. 2024 Q1 - Results - Earnings Call PresentationMay 7, 2024 | businesswire.comVeracyte Announces First Quarter 2024 Financial ResultsMay 7, 2024 | markets.businessinsider.comHere's what to expect from Veracyte's earningsMay 6, 2024 | businesswire.com14 Studies Presented at AUA 2024 Show Decipher Tests' Ability to Help Personalize Care for Prostate and Bladder Cancer Patients and Advance Disease UnderstandingApril 26, 2024 | bizjournals.comDiagnostics pioneer Bonnie Anderson launches PinkDx to focus on women's healthApril 22, 2024 | businesswire.comVeracyte to Release First Quarter 2024 Financial Results on May 7, 2024April 22, 2024 | finance.yahoo.comNew Study Shows Veracyte’s Decipher Prostate Test is Prognostic for Prostate Cancer Progression Among Patients Undergoing Active SurveillanceApril 22, 2024 | businesswire.comNew Study Shows Veracyte's Decipher Prostate Test is Prognostic for Prostate Cancer Progression Among Patients Undergoing Active SurveillanceApril 17, 2024 | finance.yahoo.comVeracyte, Inc. (VCYT)April 16, 2024 | businesswire.comVeracyte Announces that Nine Studies Reinforcing the Value of Decipher Prostate and Decipher Bladder Testing Will Be Presented at AUA 2024April 2, 2024 | finance.yahoo.comWhat Makes Veracyte (VCYT) a Lucrative Investment?March 16, 2024 | finance.yahoo.comVCYT Apr 2024 30.000 callFebruary 27, 2024 | businesswire.comVeracyte's Decipher Prostate Test Receives Highest Evidence-Level Rating Among Molecular Tests in Updated Prostate Cancer NCCN GuidelinesFebruary 26, 2024 | investorplace.com7 Under-the-Radar Biotech Stocks Gearing Up for LiftoffFebruary 26, 2024 | markets.businessinsider.comVeracyte’s Strategic Growth and Market Positioning Inspire Positive Analyst OutlookSee More Headlines Receive VCYT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Veracyte and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today5/18/2024Next Earnings (Estimated)8/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Medical laboratories Sub-IndustryN/A Current SymbolNASDAQ:VCYT CUSIPN/A CIK1384101 Webwww.veracyte.com Phone(650) 243-6300Fax650-243-6301Employees815Year Founded2006Price Target and Rating Average Stock Price Target$27.50 High Stock Price Target$34.00 Low Stock Price Target$21.00 Potential Upside/Downside+20.2%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.94) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-74,400,000.00 Net Margins-18.16% Pretax Margin-18.76% Return on Equity-1.42% Return on Assets-1.33% Debt Debt-to-Equity RatioN/A Current Ratio5.00 Quick Ratio4.69 Sales & Book Value Annual Sales$361.05 million Price / Sales4.84 Cash Flow$0.09 per share Price / Cash Flow252.12 Book Value$14.63 per share Price / Book1.56Miscellaneous Outstanding Shares76,450,000Free Float74,460,000Market Cap$1.75 billion OptionableOptionable Beta1.65 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Marc A. Stapley (Age 54)CEO & Director Comp: $1.55MMs. Rebecca Chambers (Age 46)Executive VP & CFO Comp: $901.49kDr. Phillip G. Febbo M.D. (Age 58)Chief Scientific & Medical Officer Comp: $657.74kMs. Annie McGuire (Age 43)Executive VP, General Counsel & Chief People Officer Comp: $791.72kDr. John Leite Ph.D. (Age 52)Chief Commercial Officer for CLIA Business Comp: $1.53MMr. Jonathan Wygant (Age 53)VP & Chief Accounting Officer Mr. Steven FrenchSenior VP & Chief Information OfficerMs. Karen PossematoSenior Vice President of Corporate Marketing, Communications & Commercial OperationsMr. Robert Brainin (Age 53)Executive VP & Chief Business Officer Ms. Corinne DananSenior Vice PresidentMore ExecutivesKey CompetitorsFortreaNASDAQ:FTREViridian TherapeuticsNASDAQ:VRDNCareDxNASDAQ:CDNAFulgent GeneticsNASDAQ:FLGTCastle BiosciencesNASDAQ:CSTLView All CompetitorsInsiders & InstitutionsCalifornia State Teachers Retirement SystemSold 3,788 shares on 5/16/2024Ownership: 0.095%Virtus Investment Advisers Inc.Bought 5,851 shares on 5/16/2024Ownership: 0.065%Bamco Inc. NYBought 353,000 shares on 5/15/2024Ownership: 1.460%Price T Rowe Associates Inc. MDBought 4,256 shares on 5/15/2024Ownership: 0.054%Lazard Asset Management LLCBought 3,271 shares on 5/15/2024Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions VCYT Stock Analysis - Frequently Asked Questions Should I buy or sell Veracyte stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Veracyte in the last year. There are currently 1 sell rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" VCYT shares. View VCYT analyst ratings or view top-rated stocks. What is Veracyte's stock price target for 2024? 5 brokers have issued 12-month target prices for Veracyte's stock. Their VCYT share price targets range from $21.00 to $34.00. On average, they predict the company's share price to reach $27.50 in the next year. This suggests a possible upside of 20.2% from the stock's current price. View analysts price targets for VCYT or view top-rated stocks among Wall Street analysts. How have VCYT shares performed in 2024? Veracyte's stock was trading at $27.51 on January 1st, 2024. Since then, VCYT stock has decreased by 16.8% and is now trading at $22.88. View the best growth stocks for 2024 here. When is Veracyte's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our VCYT earnings forecast. How were Veracyte's earnings last quarter? Veracyte, Inc. (NASDAQ:VCYT) announced its quarterly earnings data on Tuesday, May, 7th. The biotechnology company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.19) by $0.17. The biotechnology company had revenue of $96.84 million for the quarter, compared to the consensus estimate of $93.35 million. Veracyte had a negative net margin of 18.16% and a negative trailing twelve-month return on equity of 1.42%. The company's quarterly revenue was up 17.5% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.11) EPS. What ETFs hold Veracyte's stock? ETFs with the largest weight of Veracyte (NASDAQ:VCYT) stock in their portfolio include Global X Telemedicine & Digital Health ETF (EDOC), ARK Genomic Revolution ETF (ARKG), Global X Genomics & Biotechnology ETF (GNOM), Invesco Biotechnology & Genome ETF (PBE), ARK Innovation ETF (ARKK), WisdomTree BioRevolution Fund (WDNA) and ARK Next Generation Internation ETF (ARKW).First Trust Nasdaq Lux Digital Health Solutions ETF (EKG). What guidance has Veracyte issued on next quarter's earnings? Veracyte issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $402.0 million-$410.0 million, compared to the consensus revenue estimate of $397.8 million. What other stocks do shareholders of Veracyte own? Based on aggregate information from My MarketBeat watchlists, some companies that other Veracyte investors own include Hawkins (HWKN), Invitae (NVTA), AbbVie (ABBV), Xtrackers California Municipal Bond ETF (CA), CRISPR Therapeutics (CRSP), Advanced Micro Devices (AMD), Editas Medicine (EDIT), NVIDIA (NVDA), Exelixis (EXEL) and NeoGenomics (NEO). Who are Veracyte's major shareholders? Veracyte's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.66%), Sumitomo Mitsui Trust Holdings Inc. (4.46%), Nikko Asset Management Americas Inc. (4.38%), Champlain Investment Partners LLC (3.53%), Bamco Inc. NY (1.46%) and William Blair Investment Management LLC (0.97%). Insiders that own company stock include Bonnie H Anderson, Evan/ Fa Jones, Giulia C Kennedy, Giulia C Kennedy, Jens Holstein, John L Bishop, Karin Eastham, Marc Stapley and Muna Bhanji. View institutional ownership trends. How do I buy shares of Veracyte? Shares of VCYT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Veracyte have any subsidiaries? The following companies are subsidiares of Veracyte: Allegro Diagnostics, Decipher Biosciences Inc., Decipher Corp., Delight Merger Sub II LLC, HalioDx Inc., Veracyte Global B.V., Veracyte International Corp., and Veracyte SAS.Read More This page (NASDAQ:VCYT) was last updated on 5/19/2024 by MarketBeat.com Staff From Our PartnersCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the MarketsShocking $16T Elon Musk Crypto LeakCrypto 101 MediaDems have chosen Biden replacement?Paradigm PressExposed: 10 CENT Crypto to Explode May 20th?True Market Insiders41 banks launch ‘crypto dollar’Stansberry ResearchCrypto Pioneer Says: “The last crypto bull market has begun.”InvestorPlacePOTUS in ‘25 Not Biden/Trump, ButThe Freeport Society Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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