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Veracyte (VCYT) Competitors

$22.30
-0.58 (-2.53%)
(As of 05:19 PM ET)

VCYT vs. VRDN, GH, CSTL, FLGT, CDNA, CELC, BNR, PSNL, FTRE, and RDNT

Should you be buying Veracyte stock or one of its competitors? The main competitors of Veracyte include Viridian Therapeutics (VRDN), Guardant Health (GH), Castle Biosciences (CSTL), Fulgent Genetics (FLGT), CareDx (CDNA), Celcuity (CELC), Burning Rock Biotech (BNR), Personalis (PSNL), Fortrea (FTRE), and RadNet (RDNT). These companies are all part of the "medical laboratories" industry.

Veracyte vs.

Veracyte (NASDAQ:VCYT) and Viridian Therapeutics (NASDAQ:VRDN) are both small-cap medical companies, but which is the superior business? We will contrast the two companies based on the strength of their community ranking, valuation, analyst recommendations, risk, media sentiment, profitability, earnings, institutional ownership and dividends.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Veracyte$361.05M4.76-$74.40M-$0.94-23.90
Viridian Therapeutics$310K2,810.14-$237.73M-$4.50-3.03

Veracyte has a beta of 1.65, indicating that its share price is 65% more volatile than the S&P 500. Comparatively, Viridian Therapeutics has a beta of 1.14, indicating that its share price is 14% more volatile than the S&P 500.

Veracyte has a net margin of -18.16% compared to Viridian Therapeutics' net margin of -75,737.85%. Veracyte's return on equity of -1.42% beat Viridian Therapeutics' return on equity.

Company Net Margins Return on Equity Return on Assets
Veracyte-18.16% -1.42% -1.33%
Viridian Therapeutics -75,737.85%-92.04%-48.44%

Veracyte received 382 more outperform votes than Viridian Therapeutics when rated by MarketBeat users. Likewise, 72.93% of users gave Veracyte an outperform vote while only 72.06% of users gave Viridian Therapeutics an outperform vote.

CompanyUnderperformOutperform
VeracyteOutperform Votes
431
72.93%
Underperform Votes
160
27.07%
Viridian TherapeuticsOutperform Votes
49
72.06%
Underperform Votes
19
27.94%

In the previous week, Viridian Therapeutics had 8 more articles in the media than Veracyte. MarketBeat recorded 12 mentions for Viridian Therapeutics and 4 mentions for Veracyte. Veracyte's average media sentiment score of 1.43 beat Viridian Therapeutics' score of 0.52 indicating that Veracyte is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Veracyte
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Viridian Therapeutics
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Veracyte presently has a consensus price target of $27.50, indicating a potential upside of 21.36%. Viridian Therapeutics has a consensus price target of $34.60, indicating a potential upside of 160.35%. Given Viridian Therapeutics' stronger consensus rating and higher possible upside, analysts clearly believe Viridian Therapeutics is more favorable than Veracyte.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Veracyte
1 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.60
Viridian Therapeutics
0 Sell rating(s)
2 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.82

Summary

Veracyte beats Viridian Therapeutics on 10 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding VCYT 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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VCYT vs. The Competition

MetricVeracyteMedical laboratories IndustryMedical SectorNASDAQ Exchange
Market Cap$1.72B$2.35B$4.93B$7.99B
Dividend YieldN/A1.81%44.82%3.91%
P/E Ratio-23.9011.29117.6214.81
Price / Sales4.76130.782,468.4573.68
Price / Cash246.52364.2832.2329.27
Price / Book1.574.065.024.56
Net Income-$74.40M-$132.05M$101.60M$212.43M
7 Day Performance-0.13%-1.13%5.41%4.87%
1 Month Performance15.53%6.63%9.46%9.25%
1 Year Performance-7.87%-6.44%9.72%10.45%

Veracyte Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VRDN
Viridian Therapeutics
1.4882 of 5 stars
$15.14
-2.9%
$36.60
+141.7%
-41.7%$966.24M$310,000.00-2.8594Gap Down
GH
Guardant Health
4.6483 of 5 stars
$18.82
-1.5%
$37.70
+100.3%
-15.6%$2.29B$563.95M-4.401,779Gap Up
CSTL
Castle Biosciences
1.9304 of 5 stars
$23.80
-2.5%
$31.57
+32.7%
-1.5%$656.98M$219.79M-20.69610
FLGT
Fulgent Genetics
3.959 of 5 stars
$21.32
-0.8%
$30.00
+40.7%
-41.4%$637.47M$289.21M-3.831,184
CDNA
CareDx
2.4361 of 5 stars
$10.48
+2.9%
$14.00
+33.6%
+101.8%$542.65M$280.32M-2.96635Analyst Forecast
Gap Down
CELC
Celcuity
2.125 of 5 stars
$17.70
-0.8%
$29.00
+63.8%
+65.9%$538.97MN/A-6.5855Analyst Revision
News Coverage
BNR
Burning Rock Biotech
0 of 5 stars
$0.83
+2.5%
N/A-69.3%$85.09M$75.70M-0.931,138Stock Split
PSNL
Personalis
4.507 of 5 stars
$1.58
-0.6%
$5.00
+216.5%
-35.5%$79.79M$73.48M-0.70223
FTRE
Fortrea
3.0328 of 5 stars
$36.47
+0.4%
$37.29
+2.2%
N/A$3.26B$3.11B0.0018,000Earnings Report
RDNT
RadNet
3.0176 of 5 stars
$52.47
+0.9%
$53.67
+2.3%
+101.2%$3.88B$1.62B-2,622.1910,288

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

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