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NASDAQ:FLGT

Fulgent Genetics (FLGT) Stock Price, News & Analysis

$23.66
+0.67 (+2.91%)
(As of 07/26/2024 ET)
Today's Range
$22.98
$23.66
50-Day Range
$19.09
$23.66
52-Week Range
$18.91
$44.09
Volume
144,961 shs
Average Volume
190,321 shs
Market Capitalization
$707.91 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$30.00

Fulgent Genetics MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
26.8% Upside
$30.00 Price Target
Short Interest
Bearish
4.06% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.67
Upright™ Environmental Score
News Sentiment
0.97mentions of Fulgent Genetics in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($2.12) to ($2.04) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.22 out of 5 stars

Medical Sector

174th out of 936 stocks

Medical Laboratories Industry

7th out of 18 stocks

FLGT stock logo

About Fulgent Genetics Stock (NASDAQ:FLGT)

Fulgent Genetics, Inc., together with its subsidiaries, provides clinical diagnostic and therapeutic development solutions to physicians and patients in the United States and internationally. The company's clinical diagnostic solutions include molecular diagnostic testing; genetic testing; anatomic pathology laboratory tests and testing services, such as gastrointestinal pathology, dermatopathology, urologic pathology, breast pathology, neuropathology, and hematopathology; oncology tests and testing services; and sequencer services related to hereditary cancer, reproductive health, and other diseases. Its therapeutic development solutions focus on developing drug candidates for treating a range of cancers using a nanoencapsulation and targeted therapy platform to enhance the therapeutic window and pharmacokinetic profile of new and existing cancer drugs. The company operates picture genetics platform, which includes gene probes, data suppression and comparison algorithms, adaptive learning software, and proprietary laboratory information management systems that helps customers to identify health markers in their personal DNA. It serves insurance, hospitals, medical institutions, other laboratories, governmental bodies, payors, municipalities and large corporations, and patients. The company was formerly known as Fulgent Diagnostics, Inc. and changed its name to Fulgent Genetics, Inc. in August 2016. Fulgent Genetics, Inc. was founded in 2011 and is headquartered in El Monte, California.

FLGT Stock Price History

FLGT Stock News Headlines

Fulgent Genetics (NASDAQ:FLGT) Shares Gap Up to $22.02
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Fulgent Genetics: Growth Is Returning
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Q1 2024 Fulgent Genetics Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
5/03/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Medical laboratories
Sub-Industry
Healthcare
Current Symbol
NASDAQ:FLGT
Employees
1,184
Year Founded
2011

Price Target and Rating

Average Stock Price Target
$30.00
High Stock Price Target
$35.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+26.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-167,820,000.00
Pretax Margin
-58.15%

Debt

Sales & Book Value

Annual Sales
$289.21 million
Cash Flow
$3.38 per share
Book Value
$38.24 per share

Miscellaneous

Free Float
20,420,000
Market Cap
$707.91 million
Optionable
Optionable
Beta
1.37

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Key Executives


FLGT Stock Analysis - Frequently Asked Questions

How have FLGT shares performed this year?

Fulgent Genetics' stock was trading at $28.91 at the beginning of the year. Since then, FLGT shares have decreased by 18.2% and is now trading at $23.66.
View the best growth stocks for 2024 here
.

How were Fulgent Genetics' earnings last quarter?

Fulgent Genetics, Inc. (NASDAQ:FLGT) released its quarterly earnings data on Friday, May, 3rd. The company reported ($0.38) earnings per share for the quarter, beating the consensus estimate of ($0.58) by $0.20. The firm earned $64.49 million during the quarter, compared to the consensus estimate of $65.74 million. Fulgent Genetics had a negative trailing twelve-month return on equity of 2.92% and a negative net margin of 57.72%.

Does Fulgent Genetics have any subsidiaries?

The following companies are subsidiaries of Fulgent Genetics: Inform Diagnostics, CSI, Cytometry Specialists Inc., FF Gene Biotech, Fulgent Investment Development Limited, and Fulgent Therapeutics LLC.

When did Fulgent Genetics IPO?

Fulgent Genetics (FLGT) raised $60 million in an IPO on Thursday, September 29th 2016. The company issued 4,600,000 shares at a price of $12.00-$14.00 per share. Credit Suisse and Piper Jaffray served as the underwriters for the IPO and Raymond James and BTIG were co-managers.

Who are Fulgent Genetics' major shareholders?

Top institutional shareholders of Fulgent Genetics include Bank of New York Mellon Corp (0.67%), TCW Group Inc. (0.40%) and SG Americas Securities LLC (0.04%). Insiders that own company stock include Hanlin Gao, Jian Xie, Paul Kim and John C Bolger.
View institutional ownership trends
.

How do I buy shares of Fulgent Genetics?

Shares of FLGT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Fulgent Genetics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Fulgent Genetics investors own include NVIDIA (NVDA), CRISPR Therapeutics (CRSP), Inseego (INSG), NeoGenomics (NEO), Invitae (NVTA), Block (SQ) and JD.com (JD).

This page (NASDAQ:FLGT) was last updated on 7/26/2024 by MarketBeat.com Staff

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