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NASDAQ:VCYT

Veracyte (VCYT) Stock Price, News & Analysis

$32.33
+0.33 (+1.03%)
(As of 08/26/2024 ET)
Today's Range
$31.88
$32.43
50-Day Range
$21.00
$32.85
52-Week Range
$18.61
$33.33
Volume
516,431 shs
Average Volume
763,492 shs
Market Capitalization
$2.47 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$29.75

Veracyte MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
8.0% Downside
$29.75 Price Target
Short Interest
Healthy
3.87% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.02
Upright™ Environmental Score
News Sentiment
0.54mentions of Veracyte in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$1.22 M Sold Last Quarter
Proj. Earnings Growth
161.54%
From $0.13 to $0.34 Per Share

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.

3.60 out of 5 stars

Medical Sector

266th out of 921 stocks

Medical Laboratories Industry

8th out of 18 stocks

VCYT stock logo

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.

VCYT Stock Price History

VCYT Stock News Headlines

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TMDX Sep 2024 120.000 call (TMDX240920C00120000)
TMDX Sep 2024 110.000 put (TMDX240920P00110000)
[Free Event] A 3-Step Method To Generate Cash Flow From Stocks You Already Own
Charles Payne here, and I want to let you in on a time-tested trading method that can be used to generate cash flow. Simply put, this time-tested 3-step strategy allows anyone to create cash flow from the stocks you already own without selling a single share in your portfolio. I call it "The Cash Flow Trade", and my team is going to teach you how and when to execute it in this free live event.
ISRG Aug 2024 375.000 put (ISRG240823P00375000)
ISRG Aug 2024 285.000 call (ISRG240823C00285000)
Veracyte’s Growth Momentum and Robust Test Adoption Fuel Buy Rating
See More Headlines
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Company Calendar

Last Earnings
8/06/2024
Today
8/26/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Medical laboratories
Sub-Industry
Healthcare
Current Symbol
NASDAQ:VCYT
Employees
790
Year Founded
2006

Price Target and Rating

Average Stock Price Target
$29.75
High Stock Price Target
$34.00
Low Stock Price Target
$26.00
Potential Upside/Downside
-7.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$-74,400,000.00
Pretax Margin
-13.71%

Debt

Sales & Book Value

Annual Sales
$399.58 million
Cash Flow
$0.10 per share
Book Value
$14.74 per share

Miscellaneous

Free Float
75,454,000
Market Cap
$2.46 billion
Optionable
Optionable
Beta
1.65

Social Links

12 Stocks Corporate Insiders are Abandoning Cover

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Key Executives

  • Mr. Marc A. StapleyMr. Marc A. Stapley (Age 54)
    CEO & Director
    Comp: $1.55M
  • Ms. Rebecca  ChambersMs. Rebecca Chambers (Age 46)
    Executive VP & CFO
    Comp: $901.49k
  • Dr. Phillip G. Febbo M.D. (Age 58)
    Chief Scientific & Medical Officer
    Comp: $657.74k
  • Ms. Annie McGuire (Age 43)
    Executive VP, General Counsel & Chief People Officer
    Comp: $791.72k
  • Dr. John Leite Ph.D. (Age 52)
    Chief Commercial Officer for CLIA Business
    Comp: $1.53M
  • Mr. Jonathan Wygant (Age 53)
    VP & Chief Accounting Officer
  • Mr. Steven French
    Senior VP & Chief Information Officer
  • Ms. Karen Possemato
    Senior Vice President of Corporate Marketing, Communications & Commercial Operations
  • Mr. Robert Brainin (Age 53)
    Executive VP & Chief Business Officer
  • Ms. Corinne Danan
    Senior Vice President

VCYT Stock Analysis - Frequently Asked Questions

How have VCYT shares performed this year?

Veracyte's stock was trading at $27.51 on January 1st, 2024. Since then, VCYT shares have increased by 17.6% and is now trading at $32.35.
View the best growth stocks for 2024 here
.

How were Veracyte's earnings last quarter?

Veracyte, Inc. (NASDAQ:VCYT) posted its quarterly earnings data on Tuesday, August, 6th. The biotechnology company reported $0.07 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.10. The business's quarterly revenue was up 26.7% compared to the same quarter last year.

Does Veracyte have any subsidiaries?

Veracyte subsidiaries include HalioDx Inc., Decipher Biosciences Inc., Allegro Diagnostics, Decipher Corp., Delight Merger Sub II LLC, Veracyte Global B.V., Veracyte International Corp., and Veracyte SAS.

Who are Veracyte's major shareholders?

Top institutional shareholders of Veracyte include ARK Investment Management LLC (8.91%), Dimensional Fund Advisors LP (4.53%), Sumitomo Mitsui Trust Holdings Inc. (4.16%) and William Blair Investment Management LLC (1.62%). Insiders that own company stock include John Leite, Giulia C Kennedy, Bonnie H Anderson, Evan/ Fa Jones, Karin Eastham, John L Bishop and Jens Holstein.
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.

What other stocks do shareholders of Veracyte own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Veracyte investors own include Hawkins (HWKN), Invitae (NVTA), AbbVie (ABBV), Xtrackers California Municipal Bond ETF (CA), CRISPR Therapeutics (CRSP), Advanced Micro Devices (AMD) and Editas Medicine (EDIT).

This page (NASDAQ:VCYT) was last updated on 8/26/2024 by MarketBeat.com Staff

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