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Veracyte (VCYT) Competitors

Veracyte logo
$39.59 +0.65 (+1.67%)
(As of 11/22/2024 ET)

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

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), Surgery Partners (SGRY), LifeStance Health Group (LFST), Concentra Group Holdings Parent (CON), PACS Group (PACS), and Privia Health Group (PRVA). 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 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.

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$361.05M8.50-$74.40M-$0.15-263.93
Hims & Hers Health$872M6.35-$23.55M$0.4457.57

Veracyte has a beta of 1.67, indicating that its share price is 67% more volatile than the S&P 500. Comparatively, Hims & Hers Health has a beta of 1.06, indicating that its share price is 6% more volatile than the S&P 500.

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%

Veracyte received 404 more outperform votes than Hims & Hers Health when rated by MarketBeat users. Likewise, 73.13% of users gave Veracyte an outperform vote while only 37.37% of users gave Hims & Hers Health an outperform vote.

CompanyUnderperformOutperform
VeracyteOutperform Votes
441
73.13%
Underperform Votes
162
26.87%
Hims & Hers HealthOutperform Votes
37
37.37%
Underperform Votes
62
62.63%

In the previous week, Hims & Hers Health had 18 more articles in the media than Veracyte. MarketBeat recorded 28 mentions for Hims & Hers Health and 10 mentions for Veracyte. Veracyte's average media sentiment score of 0.84 beat Hims & Hers Health's score of 0.47 indicating that Veracyte is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Veracyte
5 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hims & Hers Health
9 Very Positive mention(s)
5 Positive mention(s)
8 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral

63.5% of Hims & Hers Health shares are held by institutional investors. 1.3% of Veracyte shares are held by company insiders. Comparatively, 17.7% of Hims & Hers 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.

Veracyte presently has a consensus price target of $41.25, indicating a potential upside of 4.19%. Hims & Hers Health has a consensus price target of $20.71, indicating a potential downside of 18.22%. Given Veracyte's stronger consensus rating and higher possible upside, equities research analysts clearly 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)
0 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.78
Hims & Hers Health
1 Sell rating(s)
8 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.38

Summary

Hims & Hers Health beats Veracyte 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.
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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$3.02B$3.01B$5.38B$8.84B
Dividend YieldN/A11.19%5.13%4.09%
P/E Ratio-263.9315.83102.4617.58
Price / Sales8.50213.411,234.85158.43
Price / Cash419.55406.7840.4736.33
Price / Book2.613.217.096.50
Net Income-$74.40M-$32.86M$119.65M$226.22M
7 Day Performance10.16%6.26%2.06%3.76%
1 Month Performance22.00%3.26%-2.46%4.63%
1 Year Performance51.57%26.71%33.95%29.20%

Veracyte Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VCYT
Veracyte
4.1662 of 5 stars
$39.59
+1.7%
$41.25
+4.2%
+51.6%$3.02B$361.05M-263.93790
HIMS
Hims & Hers Health
3.6169 of 5 stars
$23.94
+9.8%
$20.71
-13.5%
+213.1%$5.23B$872M54.401,046Analyst Forecast
Insider Trade
High Trading Volume
GH
Guardant Health
3.9877 of 5 stars
$31.09
+1.3%
$40.60
+30.6%
+40.6%$3.84B$563.95M-7.311,779
OPCH
Option Care Health
4.9817 of 5 stars
$22.46
+2.7%
$30.83
+37.3%
-23.3%$3.82B$4.30B18.877,802Positive News
SHC
Sotera Health
4.2362 of 5 stars
$12.41
-6.1%
$16.50
+33.0%
-6.6%$3.52B$1.05B49.643,000Analyst Forecast
High Trading Volume
BTSG
BrightSpring Health Services
2.8925 of 5 stars
$18.75
-0.2%
$16.79
-10.4%
N/A$3.26B$8.83B-72.0835,000Positive News
SGRY
Surgery Partners
3.1211 of 5 stars
$23.36
+3.8%
$38.71
+65.7%
-29.9%$2.97B$2.74B-46.9013,500Analyst Forecast
LFST
LifeStance Health Group
1.7824 of 5 stars
$7.31
+1.2%
$8.50
+16.3%
+15.6%$2.80B$1.06B-28.129,325
CON
Concentra Group Holdings Parent
N/A$21.48
+1.0%
$28.50
+32.7%
N/A$2.74B$1.88B0.0011,000
PACS
PACS Group
4.0956 of 5 stars
$16.77
-2.8%
$39.88
+137.8%
N/A$2.56B$3.11B0.0032,433
PRVA
Privia Health Group
3.3925 of 5 stars
$21.18
+1.9%
$25.07
+18.4%
-2.8%$2.54B$1.66B211.771,102Positive News

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This page (NASDAQ:VCYT) was last updated on 11/23/2024 by MarketBeat.com Staff
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