VCYT vs. VRDN, GH, CSTL, FLGT, CDNA, CELC, BNR, PSNL, FTRE, and RDNT
Should you be buying Veracyte stock or one of its competitors? The main competitors of Veracyte include Viridian Therapeutics (VRDN), Guardant Health (GH), Castle Biosciences (CSTL), Fulgent Genetics (FLGT), CareDx (CDNA), Celcuity (CELC), Burning Rock Biotech (BNR), Personalis (PSNL), Fortrea (FTRE), and RadNet (RDNT). These companies are all part of the "medical laboratories" industry.
Veracyte (NASDAQ:VCYT) and Viridian Therapeutics (NASDAQ:VRDN) are both small-cap medical companies, but which is the superior business? We will contrast the two companies based on the strength of their community ranking, dividends, analyst recommendations, risk, valuation, media sentiment, institutional ownership, earnings and profitability.
In the previous week, Viridian Therapeutics had 47 more articles in the media than Veracyte. MarketBeat recorded 57 mentions for Viridian Therapeutics and 10 mentions for Veracyte. Veracyte's average media sentiment score of 0.77 beat Viridian Therapeutics' score of 0.33 indicating that Veracyte is being referred to more favorably in the media.
Veracyte presently has a consensus target price of $27.50, suggesting a potential upside of 16.77%. Viridian Therapeutics has a consensus target price of $34.60, suggesting a potential upside of 142.47%. Given Viridian Therapeutics' stronger consensus rating and higher possible upside, analysts clearly believe Viridian Therapeutics is more favorable than Veracyte.
Veracyte has a net margin of -18.16% compared to Viridian Therapeutics' net margin of -75,737.85%. Veracyte's return on equity of -1.42% beat Viridian Therapeutics' return on equity.
Veracyte has a beta of 1.65, indicating that its stock price is 65% more volatile than the S&P 500. Comparatively, Viridian Therapeutics has a beta of 1.14, indicating that its stock price is 14% more volatile than the S&P 500.
Veracyte has higher revenue and earnings than Viridian Therapeutics. Veracyte is trading at a lower price-to-earnings ratio than Viridian Therapeutics, indicating that it is currently the more affordable of the two stocks.
Veracyte received 382 more outperform votes than Viridian Therapeutics when rated by MarketBeat users. Likewise, 72.93% of users gave Veracyte an outperform vote while only 72.06% of users gave Viridian Therapeutics an outperform vote.
Summary
Veracyte beats Viridian Therapeutics on 10 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding VCYT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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