Guardant Health (GH) Competitors

$24.98
-0.38 (-1.50%)
(As of 10:57 AM ET)

GH vs. FTRE, RDNT, VCYT, VRDN, CDNA, FLGT, BNR, PSNL, EXAS, and IOVA

Should you be buying Guardant Health stock or one of its competitors? The main competitors of Guardant Health include Fortrea (FTRE), RadNet (RDNT), Veracyte (VCYT), Viridian Therapeutics (VRDN), CareDx (CDNA), Fulgent Genetics (FLGT), Burning Rock Biotech (BNR), Personalis (PSNL), Exact Sciences (EXAS), and Iovance Biotherapeutics (IOVA).

Guardant Health vs.

Guardant Health (NASDAQ:GH) and Fortrea (NASDAQ:FTRE) are both mid-cap medical companies, but which is the superior stock? We will compare the two companies based on the strength of their profitability, valuation, dividends, earnings, institutional ownership, analyst recommendations, media sentiment, risk and community ranking.

In the previous week, Fortrea had 25 more articles in the media than Guardant Health. MarketBeat recorded 35 mentions for Fortrea and 10 mentions for Guardant Health. Guardant Health's average media sentiment score of 0.62 beat Fortrea's score of 0.37 indicating that Guardant Health is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Guardant Health
4 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Fortrea
9 Very Positive mention(s)
2 Positive mention(s)
10 Neutral mention(s)
7 Negative mention(s)
1 Very Negative mention(s)
Neutral

Guardant Health presently has a consensus price target of $35.78, suggesting a potential upside of 41.08%. Fortrea has a consensus price target of $35.57, suggesting a potential upside of 29.12%. Given Guardant Health's stronger consensus rating and higher possible upside, equities research analysts plainly believe Guardant Health is more favorable than Fortrea.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Guardant Health
0 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.83
Fortrea
1 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.67

92.6% of Guardant Health shares are held by institutional investors. 6.2% of Guardant Health shares are held by insiders. Comparatively, 0.1% of Fortrea shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Guardant Health received 256 more outperform votes than Fortrea when rated by MarketBeat users. Likewise, 68.75% of users gave Guardant Health an outperform vote while only 47.06% of users gave Fortrea an outperform vote.

CompanyUnderperformOutperform
Guardant HealthOutperform Votes
264
68.75%
Underperform Votes
120
31.25%
FortreaOutperform Votes
8
47.06%
Underperform Votes
9
52.94%

Fortrea has higher revenue and earnings than Guardant Health. Fortrea is trading at a lower price-to-earnings ratio than Guardant Health, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Guardant Health$603.73M5.14-$479.45M-$3.92-6.47
Fortrea$3.01B0.82-$3.40M-$1.39-19.82

Fortrea has a net margin of -4.11% compared to Guardant Health's net margin of -76.34%. Fortrea's return on equity of 4.76% beat Guardant Health's return on equity.

Company Net Margins Return on Equity Return on Assets
Guardant Health-76.34% -246.47% -25.86%
Fortrea -4.11%4.76%1.87%

Summary

Guardant Health beats Fortrea on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding GH and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GH vs. The Competition

MetricGuardant HealthMedical laboratories IndustryMedical SectorNASDAQ Exchange
Market Cap$3.10B$2.27B$5.37B$7.98B
Dividend YieldN/A1.81%44.70%3.91%
P/E Ratio-6.4722.66139.1318.77
Price / Sales5.14124.822,368.3485.85
Price / CashN/A374.5236.9831.98
Price / Book45.293.795.514.64
Net Income-$479.45M-$135.88M$106.10M$217.28M
7 Day Performance13.37%0.66%1.42%2.90%
1 Month Performance57.81%7.55%4.97%6.66%
1 Year Performance-15.64%-6.39%7.98%9.89%

Guardant Health Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTRE
Fortrea
3.03 of 5 stars
$28.84
+2.6%
$35.57
+23.3%
N/A$2.58B$3.11B0.0018,000Earnings Report
High Trading Volume
RDNT
RadNet
3.027 of 5 stars
$56.73
+1.8%
$55.25
-2.6%
+101.2%$4.19B$1.62B189.1010,288Gap Up
VCYT
Veracyte
3.0803 of 5 stars
$23.02
+2.3%
$27.50
+19.5%
-6.2%$1.76B$375.47M-24.49815Positive News
VRDN
Viridian Therapeutics
1.4933 of 5 stars
$14.67
+2.3%
$34.60
+135.9%
-41.7%$936.24M$310,000.00-3.2694Gap Up
CDNA
CareDx
2.4255 of 5 stars
$15.24
+1.7%
$14.75
-3.2%
+101.8%$793.70M$280.32M-4.46635Analyst Forecast
Gap Up
FLGT
Fulgent Genetics
3.9698 of 5 stars
$22.32
+0.6%
$30.00
+34.4%
-41.4%$667.81M$289.21M-4.011,184
BNR
Burning Rock Biotech
0 of 5 stars
$0.80
-1.2%
N/A-69.3%$81.80M$75.70M-0.901,138Stock Split
PSNL
Personalis
4.51 of 5 stars
$1.52
-1.3%
$5.00
+228.9%
-35.5%$78.95M$74.15M-0.80223Gap Up
EXAS
Exact Sciences
4.6877 of 5 stars
$54.00
-2.9%
$95.40
+76.7%
-39.4%$9.96B$2.53B-40.916,600
IOVA
Iovance Biotherapeutics
4.6351 of 5 stars
$10.72
-1.5%
$24.64
+129.8%
+39.1%$3.00B$1.90M-5.96557

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This page (NASDAQ:GH) was last updated on 5/20/2024 by MarketBeat.com Staff

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