Free Trial

CareDx (CDNA) Competitors

CareDx logo
$20.61 +0.06 (+0.29%)
(As of 12/20/2024 05:31 PM ET)

CDNA vs. GH, OPCH, SHC, VCYT, BTSG, LFST, SGRY, CON, PRVA, and ARDT

Should you be buying CareDx stock or one of its competitors? The main competitors of CareDx include Guardant Health (GH), Option Care Health (OPCH), Sotera Health (SHC), Veracyte (VCYT), BrightSpring Health Services (BTSG), LifeStance Health Group (LFST), Surgery Partners (SGRY), Concentra Group Holdings Parent (CON), Privia Health Group (PRVA), and Ardent Health Partners (ARDT). These companies are all part of the "healthcare" industry.

CareDx vs.

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

CareDx has a net margin of -45.90% compared to Guardant Health's net margin of -74.02%. CareDx's return on equity of -53.70% beat Guardant Health's return on equity.

Company Net Margins Return on Equity Return on Assets
CareDx-45.90% -53.70% -30.42%
Guardant Health -74.02%-1,200.44%-29.88%

CareDx currently has a consensus price target of $29.60, indicating a potential upside of 43.62%. Guardant Health has a consensus price target of $40.60, indicating a potential upside of 28.20%. Given CareDx's higher probable upside, equities analysts plainly believe CareDx is more favorable than Guardant Health.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CareDx
1 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.43
Guardant Health
0 Sell rating(s)
0 Hold rating(s)
15 Buy rating(s)
0 Strong Buy rating(s)
3.00

92.6% of Guardant Health shares are held by institutional investors. 4.9% of CareDx shares are held by company insiders. Comparatively, 5.5% of Guardant Health shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

CareDx has higher earnings, but lower revenue than Guardant Health. CareDx 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
CareDx$312.78M3.53-$190.28M-$2.70-7.63
Guardant Health$692.26M5.65-$479.45M-$4.24-7.47

In the previous week, Guardant Health had 5 more articles in the media than CareDx. MarketBeat recorded 14 mentions for Guardant Health and 9 mentions for CareDx. CareDx's average media sentiment score of 1.05 beat Guardant Health's score of 0.56 indicating that CareDx is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CareDx
6 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Guardant Health
7 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

CareDx received 159 more outperform votes than Guardant Health when rated by MarketBeat users. However, 70.07% of users gave Guardant Health an outperform vote while only 66.17% of users gave CareDx an outperform vote.

CompanyUnderperformOutperform
CareDxOutperform Votes
440
66.17%
Underperform Votes
225
33.83%
Guardant HealthOutperform Votes
281
70.07%
Underperform Votes
120
29.93%

CareDx has a beta of 1.84, meaning that its stock price is 84% more volatile than the S&P 500. Comparatively, Guardant Health has a beta of 1.26, meaning that its stock price is 26% more volatile than the S&P 500.

Summary

Guardant Health beats CareDx 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 {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

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.
Skip Chart

CDNA vs. The Competition

MetricCareDxMedical laboratories IndustryMedical SectorNASDAQ Exchange
Market Cap$1.11B$2.93B$5.12B$9.07B
Dividend YieldN/A15.63%4.91%4.22%
P/E Ratio-7.6316.0291.3417.19
Price / Sales3.53284.461,117.70116.80
Price / CashN/A472.1142.6437.86
Price / Book4.275.194.794.78
Net Income-$190.28M-$32.86M$120.07M$225.60M
7 Day Performance-9.84%-3.01%-1.90%-1.23%
1 Month Performance-8.48%2.96%11.45%3.37%
1 Year Performance76.30%12.37%30.63%16.58%

CareDx Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CDNA
CareDx
3.591 of 5 stars
$20.61
+0.3%
$29.60
+43.6%
+90.5%$1.11B$312.78M-7.63740Positive News
High Trading Volume
GH
Guardant Health
4.1134 of 5 stars
$34.89
+0.4%
$40.60
+16.4%
+25.6%$4.31B$692.26M-8.201,779
OPCH
Option Care Health
4.8647 of 5 stars
$23.40
-0.4%
$30.14
+28.8%
-29.9%$3.98B$4.78B19.747,802Positive News
SHC
Sotera Health
3.5856 of 5 stars
$12.98
-1.3%
$16.08
+23.9%
-20.0%$3.68B$1.05B52.603,000Positive News
VCYT
Veracyte
4.0328 of 5 stars
$43.27
+0.1%
$41.13
-5.0%
+49.0%$3.35B$361.05M-288.13790Positive News
BTSG
BrightSpring Health Services
2.312 of 5 stars
$18.94
+2.0%
$18.50
-2.3%
N/A$3.30B$10.59B-71.3835,000Analyst Forecast
LFST
LifeStance Health Group
1.6908 of 5 stars
$7.75
+8.1%
$8.70
+12.3%
-0.3%$2.97B$1.21B-29.509,325Positive News
Gap Up
SGRY
Surgery Partners
3.2411 of 5 stars
$22.17
+8.9%
$36.56
+64.9%
-33.8%$2.82B$2.74B-42.4213,500Positive News
CON
Concentra Group Holdings Parent
N/A$21.54
+5.1%
$28.50
+32.3%
N/A$2.74B$1.88B0.0011,000Gap Up
PRVA
Privia Health Group
2.8913 of 5 stars
$21.42
+2.2%
$24.80
+15.8%
-12.6%$2.57B$1.66B209.621,102
ARDT
Ardent Health Partners
N/A$16.89
+1.2%
$21.82
+29.2%
N/A$2.41B$5.41B0.0024,200Analyst Forecast
Positive News

Related Companies and Tools


This page (NASDAQ:CDNA) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners