NASDAQ:FLGT Fulgent Genetics (FLGT) Stock Price, News & Analysis → The #1 Biotech Stock to Watch in 2024 is Attacking Viruses in a Unique Way (From Smallcaps Daily) (Ad) Free FLGT Stock Alerts $21.09 -0.23 (-1.08%) (As of 12:57 PM ET) Add Compare Share Share Today's Range$20.95▼$21.4550-Day Range$20.03▼$23.7452-Week Range$19.88▼$44.09Volume60,603 shsAverage Volume198,684 shsMarket Capitalization$630.59 millionP/E RatioN/ADividend YieldN/APrice Target$30.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Fulgent Genetics alerts: Email Address Fulgent Genetics MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside42.2% Upside$30.00 Price TargetShort InterestHealthy3.12% of Float Sold ShortDividend StrengthN/ASustainability-0.67Upright™ Environmental ScoreNews Sentiment0.21Based on 16 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($2.04) to ($1.66) 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.4.29 out of 5 starsMedical Sector130th out of 905 stocksMedical Laboratories Industry6th out of 19 stocks 3.0 Analyst's Opinion Consensus RatingFulgent Genetics has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageFulgent Genetics has only been the subject of 1 research reports in the past 90 days.Read more about Fulgent Genetics' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.12% of the float of Fulgent Genetics has been sold short.Short Interest Ratio / Days to CoverFulgent Genetics has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Fulgent Genetics has recently increased by 3.54%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldFulgent Genetics does not currently pay a dividend.Dividend GrowthFulgent Genetics does not have a long track record of dividend growth. Previous Next 4.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFulgent Genetics has received a 58.06% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is false driven by its "Private genetic testing services", "Private infectious disease diagnostics services", and "Private medical laboratory services" products. See details.Environmental SustainabilityThe Environmental Impact score for Fulgent Genetics is -0.67. Previous Next 2.9 News and Social Media Coverage News SentimentFulgent Genetics has a news sentiment score of 0.21. 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 lower news sentiment than the 0.38 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Fulgent Genetics this week, compared to 2 articles on an average week.Search Interest14 people have searched for FLGT on MarketBeat in the last 30 days. This is an increase of 180% compared to the previous 30 days.MarketBeat Follows4 people have added Fulgent Genetics to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Fulgent Genetics insiders have not sold or bought any company stock.Percentage Held by Insiders32.66% of the stock of Fulgent Genetics is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions48.06% of the stock of Fulgent Genetics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Fulgent Genetics' insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Fulgent Genetics are expected to grow in the coming year, from ($2.04) to ($1.66) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Fulgent Genetics is -3.79, 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 Fulgent Genetics is -3.79, 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 RatioFulgent Genetics has a P/B Ratio of 0.55. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Fulgent Genetics' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsFidelity, Bezos, Goldman Bet Big on Tiny BiotechAre you ready for a major shift in the investment world? There's a new drug The Wall Street Journal is calling the "King Kong" of drugs.Don't miss out on the "next Ozempic" >>> About Fulgent Genetics Stock (NASDAQ:FLGT)Fulgent Genetics, Inc., together with its subsidiaries, provides clinical diagnostic and therapeutic development solutions to physicians and patients in the United States and internationally. The company's clinical diagnostic solutions include molecular diagnostic testing; genetic testing; anatomic pathology laboratory tests and testing services, such as gastrointestinal pathology, dermatopathology, urologic pathology, breast pathology, neuropathology, and hematopathology; oncology tests and testing services; and sequencer services related to hereditary cancer, reproductive health, and other diseases. Its therapeutic development solutions focus on developing drug candidates for treating a range of cancers using a nanoencapsulation and targeted therapy platform to enhance the therapeutic window and pharmacokinetic profile of new and existing cancer drugs. The company operates picture genetics platform, which includes gene probes, data suppression and comparison algorithms, adaptive learning software, and proprietary laboratory information management systems that helps customers to identify health markers in their personal DNA. It serves insurance, hospitals, medical institutions, other laboratories, governmental bodies, payors, municipalities and large corporations, and patients. The company was formerly known as Fulgent Diagnostics, Inc. and changed its name to Fulgent Genetics, Inc. in August 2016. Fulgent Genetics, Inc. was founded in 2011 and is headquartered in El Monte, California.Read More FLGT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FLGT Stock News HeadlinesMay 6, 2024 | finance.yahoo.comFulgent Genetics First Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagMay 5, 2024 | americanbankingnews.comFulgent Genetics (NASDAQ:FLGT) Shares Gap Down to $21.24May 8, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 4, 2024 | finance.yahoo.comFulgent Genetics, Inc. (NASDAQ:FLGT) Q1 2024 Earnings Call TranscriptMay 4, 2024 | finance.yahoo.comFulgent Genetics Inc (FLGT) Q1 2024 Earnings Call Transcript Highlights: Navigating Challenges ...May 4, 2024 | finance.yahoo.comQ1 2024 Fulgent Genetics Inc Earnings CallMay 3, 2024 | investorplace.comFLGT Stock Earnings: Fulgent Genetics Beats EPS, Misses Revenue for Q1 2024May 3, 2024 | msn.comOptions Volatility and Implied Earnings Moves Today, May 03, 2024May 8, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 3, 2024 | msn.comFulgent Genetics reports mixed Q1 results; reaffirms FY24 outlookMay 3, 2024 | finance.yahoo.comFulgent Genetics Inc (FLGT) Q1 2024 Earnings: Misses Analyst Forecasts with Wider LossesMay 3, 2024 | businesswire.comFulgent Reports First Quarter 2024 Financial ResultsMay 2, 2024 | markets.businessinsider.comFulgent Genetics is about to announce earnings — here's what Wall Street expectsApril 17, 2024 | morningstar.comFulgent Genetics Inc FLGTApril 11, 2024 | businesswire.comFulgent Genetics to Announce First Quarter 2024 Financial Results on Friday, May 3, 2024April 11, 2024 | finance.yahoo.comFulgent Genetics (NASDAQ:FLGT) shareholders have earned a 26% CAGR over the last five yearsMarch 16, 2024 | finance.yahoo.comFLGT Apr 2024 20.000 callMarch 1, 2024 | seekingalpha.comFulgent Genetics (FLGT) Q4 2023 Earnings Call TranscriptMarch 1, 2024 | finance.yahoo.comFulgent Genetics Full Year 2023 Earnings: Revenues Beat Expectations, EPS LagsMarch 1, 2024 | finance.yahoo.comAn Intrinsic Calculation For Fulgent Genetics, Inc. (NASDAQ:FLGT) Suggests It's 32% UndervaluedFebruary 29, 2024 | insidermonkey.comFulgent Genetics, Inc. (NASDAQ:FLGT) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | finance.yahoo.comQ4 2023 Fulgent Genetics Inc Earnings CallFebruary 28, 2024 | markets.businessinsider.comHere's what to expect from Fulgent Genetics's earnings reportFebruary 28, 2024 | finance.yahoo.comFulgent Genetics Inc (FLGT) Faces GAAP Loss Despite Core Revenue Growth in 2023February 28, 2024 | businesswire.comFulgent Reports Fourth Quarter and Full Year 2023 Financial ResultsFebruary 21, 2024 | seekingalpha.comFulgent Genetics: Buy Growth Ahead Below Liquidation ValueFebruary 17, 2024 | finance.yahoo.comFLGT Mar 2024 30.000 callSee More Headlines Receive FLGT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Fulgent Genetics and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/28/2024Today5/08/2024Next Earnings (Estimated)8/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Medical laboratories Sub-IndustryN/A Current SymbolNASDAQ:FLGT CUSIPN/A CIK1674930 Webwww.fulgentgenetics.com Phone(626) 350-0537Fax626-454-1667Employees1,184Year Founded2011Price Target and Rating Average Stock Price Target$30.00 High Stock Price Target$35.00 Low Stock Price Target$25.00 Potential Upside/Downside+40.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($5.57) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-167,820,000.00 Net Margins-57.72% Pretax Margin-58.15% Return on Equity-2.92% Return on Assets-2.70% Debt Debt-to-Equity RatioN/A Current Ratio8.70 Quick Ratio6.96 Sales & Book Value Annual Sales$289.21 million Price / Sales2.20 Cash Flow$3.22 per share Price / Cash Flow6.62 Book Value$38.24 per share Price / Book0.56Miscellaneous Outstanding Shares29,900,000Free Float20,135,000Market Cap$637.47 million OptionableOptionable Beta1.43 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Ming Hsieh (Age 68)Chairman & CEO Comp: $2.31MMr. Jian Xie (Age 58)COO & President Comp: $868.74kMr. Paul Kim (Age 57)Chief Financial Officer Comp: $879.61kDr. Hanlin Gao D.A.B.M.G. (Age 57)FACMG, M.D., Ph.D., Chief Scientific Officer & Laboratory Director Comp: $720.7kMs. Natalie PrescottGeneral Counsel & Chief Privacy OfficerMs. Doreen NgVP of Operations & Compliance and GM of Houston OfficeMr. Jakub SramVice President of Business Development & SalesMs. Ellen TsuiVice President of Human ResourcesMr. Brandon PerthuisChief Commercial OfficerDr. Lawrence M. Weiss M.D. (Age 67)Chief Medical Officer More ExecutivesKey CompetitorsCastle BiosciencesNASDAQ:CSTLCareDxNASDAQ:CDNACelcuityNASDAQ:CELCViridian TherapeuticsNASDAQ:VRDNSera PrognosticsNASDAQ:SERAView All CompetitorsInsiders & InstitutionsRussell Investments Group Ltd.Sold 9,308 shares on 5/8/2024Ownership: 0.133%Empowered Funds LLCBought 8,225 shares on 5/7/2024Ownership: 0.365%Illinois Municipal Retirement FundSold 1,285 shares on 5/7/2024Ownership: 0.038%Susquehanna Fundamental Investments LLCBought 9,816 shares on 5/7/2024Ownership: 0.033%SG Americas Securities LLCSold 2,862 shares on 5/7/2024Ownership: 0.031%View All Insider TransactionsView All Institutional Transactions FLGT Stock Analysis - Frequently Asked Questions Should I buy or sell Fulgent Genetics stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fulgent Genetics in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FLGT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FLGT, but not buy additional shares or sell existing shares. View FLGT analyst ratings or view top-rated stocks. What is Fulgent Genetics' stock price target for 2024? 2 brokerages have issued 1 year price objectives for Fulgent Genetics' stock. Their FLGT share price targets range from $25.00 to $35.00. On average, they anticipate the company's stock price to reach $30.00 in the next twelve months. This suggests a possible upside of 42.2% from the stock's current price. View analysts price targets for FLGT or view top-rated stocks among Wall Street analysts. How have FLGT shares performed in 2024? Fulgent Genetics' stock was trading at $28.91 on January 1st, 2024. Since then, FLGT shares have decreased by 27.0% and is now trading at $21.09. View the best growth stocks for 2024 here. When is Fulgent Genetics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, August 2nd 2024. View our FLGT earnings forecast. How were Fulgent Genetics' earnings last quarter? Fulgent Genetics, Inc. (NASDAQ:FLGT) announced its quarterly earnings data on Wednesday, February, 28th. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.63) by $0.61. The company had revenue of $70.51 million for the quarter, compared to the consensus estimate of $67.14 million. Fulgent Genetics had a negative net margin of 57.72% and a negative trailing twelve-month return on equity of 2.92%. What ETFs hold Fulgent Genetics' stock? ETFs with the largest weight of Fulgent Genetics (NASDAQ:FLGT) stock in their portfolio include ROBO Global Healthcare Technology and Innovation ETF (HTEC) and Amplify Treatments, Testing and Advancements ETF (GERM).Global X Genomics & Biotechnology ETF (GNOM). What guidance has Fulgent Genetics issued on next quarter's earnings? Fulgent Genetics updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share guidance of -1.050--1.050 for the period, compared to the consensus estimate of -1.060. The company issued revenue guidance of $280.0 million-$280.0 million, compared to the consensus revenue estimate of $279.4 million. What other stocks do shareholders of Fulgent Genetics own? Based on aggregate information from My MarketBeat watchlists, some companies that other Fulgent Genetics investors own include NVIDIA (NVDA), CRISPR Therapeutics (CRSP), Inseego (INSG), NeoGenomics (NEO), Invitae (NVTA), Block (SQ), JD.com (JD), Marvell Technology (MRVL), Teladoc Health (TDOC) and Editas Medicine (EDIT). When did Fulgent Genetics IPO? Fulgent Genetics (FLGT) raised $60 million in an initial public offering on Thursday, September 29th 2016. The company issued 4,600,000 shares at $12.00-$14.00 per share. Credit Suisse and Piper Jaffray served as the underwriters for the IPO and Raymond James and BTIG were co-managers. Who are Fulgent Genetics' major shareholders? Fulgent Genetics' stock is owned by a number of institutional and retail investors. Top institutional investors include Empowered Funds LLC (0.37%), Principal Financial Group Inc. (0.35%), Mirae Asset Global Investments Co. Ltd. (0.29%), Russell Investments Group Ltd. (0.13%), New York State Teachers Retirement System (0.07%) and BNP Paribas Financial Markets (0.06%). Insiders that own company stock include Hanlin Gao, Jian Xie, John C Bolger, Paul Kim and X Cycle LP Tcv. View institutional ownership trends. How do I buy shares of Fulgent Genetics? Shares of FLGT 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 Fulgent Genetics have any subsidiaries? The following companies are subsidiares of Fulgent Genetics: CSI, Cytometry Specialists Inc., FF Gene Biotech, Fulgent Investment Development Limited, Fulgent Therapeutics LLC, and Inform Diagnostics.Read More This page (NASDAQ:FLGT) was last updated on 5/8/2024 by MarketBeat.com Staff From Our PartnersThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorFidelity, Bezos, Goldman Bet Big on Tiny BiotechBehind the MarketsAI “wealth window” is closing June 25thParadigm PressElon Musk Secret Crypto Plot ExposedCrypto 101 MediaGold Set to EXPLODE!Gold Safe ExchangeCharles Payne Demystifies OptionsUnstoppable ProsperityShocking: One AI startup's revenue could surge 4,735%Manward PressThe #1 lithium battery stock to have on your radar in 2024!Smallcaps Daily 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. Adding Fulgent Genetics, Inc. 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