Guardant Health (GH) Competitors

$25.75
+1.02 (+4.12%)
(As of 05/15/2024 ET)

GH vs. FTRE, RDNT, VCYT, VRDN, CDNA, FLGT, BNR, PSNL, EXAS, and IOVA

Should you be buying Guardant Health stock or one of its competitors? The main competitors of Guardant Health include Fortrea (FTRE), RadNet (RDNT), Veracyte (VCYT), Viridian Therapeutics (VRDN), CareDx (CDNA), Fulgent Genetics (FLGT), Burning Rock Biotech (BNR), Personalis (PSNL), Exact Sciences (EXAS), and Iovance Biotherapeutics (IOVA).

Guardant Health vs.

Fortrea (NASDAQ:FTRE) and Guardant Health (NASDAQ:GH) are both mid-cap medical companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, profitability, analyst recommendations, dividends, media sentiment, risk, valuation, institutional ownership and community ranking.

Fortrea has a net margin of -4.11% compared to Fortrea's net margin of -76.34%. Guardant Health's return on equity of 4.76% beat Fortrea's return on equity.

Company Net Margins Return on Equity Return on Assets
Fortrea-4.11% 4.76% 1.87%
Guardant Health -76.34%-246.47%-25.86%

Guardant Health received 256 more outperform votes than Fortrea when rated by MarketBeat users. Likewise, 68.75% of users gave Guardant Health an outperform vote while only 47.06% of users gave Fortrea an outperform vote.

CompanyUnderperformOutperform
FortreaOutperform Votes
8
47.06%
Underperform Votes
9
52.94%
Guardant HealthOutperform Votes
264
68.75%
Underperform Votes
120
31.25%

Fortrea has higher revenue and earnings than Guardant Health. Fortrea 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
Fortrea$3.11B0.83-$3.40M-$1.39-20.70
Guardant Health$563.95M5.59-$479.45M-$3.92-6.57

In the previous week, Fortrea had 20 more articles in the media than Guardant Health. MarketBeat recorded 34 mentions for Fortrea and 14 mentions for Guardant Health. Fortrea's average media sentiment score of 0.68 beat Guardant Health's score of 0.57 indicating that Guardant Health is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fortrea
10 Very Positive mention(s)
1 Positive mention(s)
8 Neutral mention(s)
6 Negative mention(s)
1 Very Negative mention(s)
Positive
Guardant Health
5 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Fortrea currently has a consensus target price of $35.57, suggesting a potential upside of 23.64%. Guardant Health has a consensus target price of $35.78, suggesting a potential upside of 38.94%. Given Fortrea's stronger consensus rating and higher probable upside, analysts clearly believe Guardant Health is more favorable than Fortrea.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortrea
1 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.67
Guardant Health
0 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.83

92.6% of Guardant Health shares are held by institutional investors. 0.1% of Fortrea shares are held by company insiders. Comparatively, 6.2% of Guardant Health shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

Guardant Health beats Fortrea 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 GH 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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GH vs. The Competition

MetricGuardant HealthMedical laboratories IndustryMedical SectorNASDAQ Exchange
Market Cap$3.15B$2.39B$5.10B$7.99B
Dividend YieldN/A1.87%36.92%3.93%
P/E Ratio-6.5724.24186.2518.76
Price / Sales5.59135.332,302.0779.45
Price / CashN/A397.7335.5831.18
Price / Book45.984.145.464.47
Net Income-$479.45M-$135.88M$105.01M$217.31M
7 Day Performance32.46%2.56%1.42%1.57%
1 Month Performance59.34%6.65%3.73%5.04%
1 Year Performance-5.50%-6.27%7.93%12.01%

Guardant Health Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTRE
Fortrea
2.0427 of 5 stars
$28.84
+2.6%
$35.57
+23.3%
N/A$2.58B$3.11B0.0018,000Earnings Report
Analyst Upgrade
News Coverage
High Trading Volume
RDNT
RadNet
3.3585 of 5 stars
$56.73
+1.8%
$55.25
-2.6%
+110.2%$4.19B$1.62B189.1010,288Analyst Forecast
VCYT
Veracyte
2.808 of 5 stars
$23.02
+2.3%
$27.50
+19.5%
-6.2%$1.76B$375.47M-24.49815Short Interest ↑
Gap Up
VRDN
Viridian Therapeutics
1.613 of 5 stars
$14.67
+2.3%
$34.60
+135.9%
-39.1%$936.24M$310,000.00-3.2694Analyst Revision
Gap Up
CDNA
CareDx
2.5794 of 5 stars
$15.24
+1.7%
$14.75
-3.2%
+77.2%$793.70M$280.32M-4.46635Analyst Forecast
Short Interest ↑
News Coverage
Gap Up
FLGT
Fulgent Genetics
4.3195 of 5 stars
$22.32
+0.6%
$30.00
+34.4%
-38.1%$667.81M$289.21M-4.011,184Short Interest ↑
BNR
Burning Rock Biotech
0 of 5 stars
$0.80
-1.2%
N/A-71.8%$81.80M$75.70M-0.901,138Stock Split
News Coverage
Positive News
Gap Up
PSNL
Personalis
4.4577 of 5 stars
$1.52
-1.3%
$5.00
+228.9%
-35.0%$78.95M$74.15M-0.80223Analyst Revision
EXAS
Exact Sciences
4.5475 of 5 stars
$54.00
-2.9%
$95.40
+76.7%
-34.1%$9.96B$2.53B-40.916,600Short Interest ↓
Analyst Revision
IOVA
Iovance Biotherapeutics
4.6523 of 5 stars
$10.72
-1.5%
$24.64
+129.8%
+36.2%$3.00B$1.90M-5.96557Earnings Report
Gap Up

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This page (NASDAQ:GH) was last updated on 5/16/2024 by MarketBeat.com Staff

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