Free Trial

Veracyte (VCYT) Competitors

Veracyte logo
$40.29 -0.60 (-1.47%)
(As of 02:31 PM ET)

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

Should you be buying Veracyte stock or one of its competitors? The main competitors of Veracyte include Hims & Hers Health (HIMS), Guardant Health (GH), Option Care Health (OPCH), Sotera Health (SHC), 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.

Veracyte vs.

Veracyte (NASDAQ:VCYT) and Hims & Hers Health (NYSE:HIMS) are both mid-cap medical companies, but which is the superior investment? We will compare the two businesses based on the strength of their earnings, analyst recommendations, dividends, institutional ownership, valuation, risk, community ranking, media sentiment and profitability.

Veracyte has a beta of 1.69, meaning that its share price is 69% more volatile than the S&P 500. Comparatively, Hims & Hers Health has a beta of 1.25, meaning that its share price is 25% more volatile than the S&P 500.

Veracyte received 402 more outperform votes than Hims & Hers Health when rated by MarketBeat users. Likewise, 73.01% of users gave Veracyte an outperform vote while only 38.61% of users gave Hims & Hers Health an outperform vote.

CompanyUnderperformOutperform
VeracyteOutperform Votes
441
73.01%
Underperform Votes
163
26.99%
Hims & Hers HealthOutperform Votes
39
38.61%
Underperform Votes
62
61.39%

In the previous week, Hims & Hers Health had 24 more articles in the media than Veracyte. MarketBeat recorded 28 mentions for Hims & Hers Health and 4 mentions for Veracyte. Veracyte's average media sentiment score of 1.22 beat Hims & Hers Health's 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
Hims & Hers Health
11 Very Positive mention(s)
4 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive

Veracyte currently has a consensus target price of $41.13, indicating a potential upside of 0.57%. Hims & Hers Health has a consensus target price of $22.80, indicating a potential downside of 12.98%. Given Veracyte's stronger consensus rating and higher possible upside, research analysts plainly believe Veracyte is more favorable than Hims & Hers Health.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Veracyte
1 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.67
Hims & Hers Health
1 Sell rating(s)
8 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.41

63.5% of Hims & Hers Health shares are owned by institutional investors. 1.3% of Veracyte shares are owned by company insiders. Comparatively, 17.7% of Hims & Hers Health shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Hims & Hers Health has a net margin of 8.19% compared to Veracyte's net margin of -2.18%. Hims & Hers Health's return on equity of 10.97% beat Veracyte's return on equity.

Company Net Margins Return on Equity Return on Assets
Veracyte-2.18% 3.02% 2.80%
Hims & Hers Health 8.19%10.97%8.29%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Veracyte$425.33M7.45-$74.40M-$0.15-272.60
Hims & Hers Health$1.24B4.61-$23.55M$0.4459.55

Summary

Hims & Hers Health beats Veracyte on 11 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

VCYT vs. The Competition

MetricVeracyteMedical laboratories IndustryMedical SectorNASDAQ Exchange
Market Cap$3.17B$2.85B$5.15B$9.08B
Dividend YieldN/A15.63%5.12%4.25%
P/E Ratio-272.6016.0286.7717.18
Price / Sales7.45274.981,119.55117.12
Price / Cash465.67472.1143.2337.85
Price / Book2.865.194.784.78
Net Income-$74.40M-$32.86M$120.55M$225.60M
7 Day Performance-5.63%-3.78%-1.48%-1.36%
1 Month Performance3.28%0.93%13.95%0.20%
1 Year Performance44.64%12.22%28.80%15.30%

Veracyte Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VCYT
Veracyte
4.0703 of 5 stars
$40.29
-1.5%
$41.13
+2.1%
+44.6%$3.12B$425.33M-268.60790Positive News
HIMS
Hims & Hers Health
3.3971 of 5 stars
$30.93
+3.0%
$21.43
-30.7%
+204.8%$6.76B$872M70.251,046Gap Up
GH
Guardant Health
4.2145 of 5 stars
$35.13
+1.1%
$40.60
+15.6%
+10.2%$4.34B$692.26M-8.201,779
OPCH
Option Care Health
4.8642 of 5 stars
$23.40
-0.4%
$30.14
+28.8%
-32.1%$3.98B$4.78B19.747,802Positive News
SHC
Sotera Health
3.5986 of 5 stars
$13.01
-1.1%
$16.08
+23.6%
-20.4%$3.68B$1.05B52.603,000Positive News
BTSG
BrightSpring Health Services
2.2076 of 5 stars
$18.95
+2.1%
$18.50
-2.4%
N/A$3.30B$10.59B-71.3835,000Positive News
LFST
LifeStance Health Group
1.6971 of 5 stars
$7.79
+8.6%
$8.70
+11.7%
-5.0%$2.98B$1.21B-29.509,325Positive News
Gap Up
SGRY
Surgery Partners
3.2589 of 5 stars
$22.22
+9.1%
$36.56
+64.5%
-34.2%$2.82B$2.74B-42.4213,500Positive News
CON
Concentra Group Holdings Parent
N/A$21.44
+4.6%
$28.50
+32.9%
N/A$2.73B$1.88B0.0011,000Gap Up
PRVA
Privia Health Group
2.9025 of 5 stars
$21.55
+2.8%
$24.80
+15.1%
-15.4%$2.59B$1.66B209.621,102
ARDT
Ardent Health Partners
N/A$16.88
+1.1%
$21.82
+29.3%
N/A$2.41B$5.71B0.0024,200Positive News

Related Companies and Tools


This page (NASDAQ:VCYT) was last updated on 12/23/2024 by MarketBeat.com Staff
From Our Partners