NASDAQ:FLGT Fulgent Genetics - FLGT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Fulgent Genetics, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $36.21 -0.06 (-0.17%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$35.65▼$37.4350-Day Range$29.23▼$37.0752-Week Range$28.53▼$73.47Volume366,350 shsAverage Volume194,178 shsMarket Capitalization$1.07 billionP/E Ratio4.16Dividend YieldN/APrice Target$45.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Fulgent Genetics MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside24.3% Upside$45.00 Price TargetShort InterestBearish6.29% of Float Sold ShortDividend StrengthN/ASustainability-0.67Upright™ Environmental ScoreNews Sentiment1.30Based on 2 Articles This WeekInsider TradingSelling Shares$23,557 Sold Last QuarterProj. Earnings GrowthDecreasingFrom $4.93 to ($3.11) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.16 out of 5 starsMedical Sector383rd out of 1,025 stocksMedical Laboratories Industry13th out of 25 stocks 2.3 Analyst's Opinion Consensus RatingFulgent Genetics has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $45.00, Fulgent Genetics has a forecasted upside of 24.3% from its current price of $36.21.Amount of Analyst CoverageFulgent Genetics has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.29% of the float of Fulgent Genetics has been sold short.Short Interest Ratio / Days to CoverFulgent Genetics has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Fulgent Genetics has recently increased by 14.71%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldFulgent Genetics does not currently pay a dividend.Dividend GrowthFulgent Genetics does not have a long track record of dividend growth. Previous Next 4.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFulgent Genetics has received a 58.06% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is false driven by its "Private genetic testing services", "Private infectious disease diagnostics services", and "Private medical laboratory services" products. See details.Environmental SustainabilityThe Environmental Impact score for Fulgent Genetics is -0.67. Previous Next 2.4 News and Social Media Coverage News SentimentFulgent Genetics has a news sentiment score of 1.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Fulgent Genetics this week, compared to 3 articles on an average week.Search InterestOnly 16 people have searched for FLGT on MarketBeat in the last 30 days. This is a decrease of -6% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Fulgent Genetics to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Fulgent Genetics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $23,557.00 in company stock.Percentage Held by Insiders29.50% of the stock of Fulgent Genetics is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions43.22% of the stock of Fulgent Genetics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Fulgent Genetics are expected to decrease in the coming year, from $4.93 to ($3.11) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Fulgent Genetics is 4.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.55.Price to Earnings Ratio vs. SectorThe P/E ratio of Fulgent Genetics is 4.16, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 136.26.Price to Book Value per Share RatioFulgent Genetics has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Fulgent Genetics (NASDAQ:FLGT) StockFulgent Genetics, Inc. is a technology company, which engages in the provision of gene testing and sequencing solutions. It offers genes and panels, known mutation, hereditary cancer, carrier screening, and tumor profiling solutions. The company was founded on May 13, 2016 and is headquartered in Temple City, CA.Read More Receive FLGT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Fulgent Genetics and its competitors with MarketBeat's FREE daily newsletter. Email Address FLGT Stock News HeadlinesJanuary 31, 2023 | americanbankingnews.comFulgent Genetics, Inc. (NASDAQ:FLGT) Short Interest UpdateJanuary 3, 2023 | finance.yahoo.comFulgent Expands Board of Directors with Addition of Reggie GrovesFebruary 5, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.December 23, 2022 | finance.yahoo.comMy Top 7 Strong Conviction Buys for 2023December 8, 2022 | seekingalpha.comAt EV/Sales Below 1x, Fulgent Is UndervaluedDecember 8, 2022 | markets.businessinsider.comWhere Fulgent Genetics Stands With AnalystsDecember 5, 2022 | wsj.comNASDAQ: FLGT Lawsuit Alert: Investors who lost Money with shares of Fulgent Genetics, Inc. (NASDAQ: FLGT) should contact the Shareholders FoundationDecember 2, 2022 | finance.yahoo.comOwning 45% shares,institutional owners seem interested in Fulgent Genetics, Inc. (NASDAQ:FLGT),February 5, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.November 28, 2022 | businesswire.comINVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Fulgent Genetics, Inc.’s Directors and Officers for Breach of Fiduciary Duties – FLGTNovember 24, 2022 | finance.yahoo.com1 Green Flag and 1 Red Flag for Fulgent Genetics After EarningsNovember 21, 2022 | benzinga.comFINAL DEADLINE ALERT: The Schall Law Firm Encourages Investors in Fulgent Genetics, Inc. with Losses of $100,000 to Contact the FirmNovember 21, 2022 | benzinga.comCLASS ACTION UPDATE for FLGT, PYPL and FRSH: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of ShareholdersNovember 18, 2022 | benzinga.comDEADLINE MONDAY NOTICE: The Schall Law Firm Encourages Investors in Fulgent Genetics, Inc. with Losses of $100,000 to Contact the FirmNovember 18, 2022 | technews.tmcnet.comThe Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Fulgent Genetics, Inc. (FLGT)November 18, 2022 | benzinga.com4 Analysts Have This to Say About Fulgent GeneticsNovember 18, 2022 | finance.yahoo.comFulgent Genetics to Participate in Piper Sandler’s 34th Annual Healthcare ConferenceNovember 17, 2022 | benzinga.com4-Day Deadline Alert: The Schall Law Firm Encourages Investors in Fulgent Genetics, Inc. with Losses of $100,000 to Contact the FirmNovember 16, 2022 | finance.yahoo.comWhat Does The Future Hold For Fulgent Genetics, Inc. (NASDAQ:FLGT)? These Analysts Have Been Cutting Their EstimatesNovember 10, 2022 | benzinga.com30.71M Reasons To Be Bullish On Fulgent Genetics StockNovember 10, 2022 | benzinga.comFulgent Genetics Chief Executive Officer Trades $30.71M In Company StockNovember 9, 2022 | benzinga.comFulgent Genetics's Investor Alert: Kaplan Fox Reminds Investors of an Important DeadlineNovember 9, 2022 | finance.yahoo.comFulgent Genetics Third Quarter 2022 Earnings: Beats ExpectationsNovember 8, 2022 | apnews.comFulgent Genetics Reports Third Quarter 2022 Financial ResultsNovember 8, 2022 | seekingalpha.comFulgent Genetics, Inc. (FLGT) Q3 2022 Earnings Call TranscriptNovember 8, 2022 | finance.yahoo.comFulgent Genetics, Inc. (FLGT) Beats Q3 Earnings and Revenue EstimatesNovember 4, 2022 | benzinga.comCLASS ACTION UPDATE for MDT, FLGT and CMP: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of ShareholdersSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FLGT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Fulgent Genetics and its competitors with MarketBeat's FREE daily newsletter. Email Address FLGT Company Calendar Last Earnings11/07/2022Today2/05/2023Next Earnings (Estimated)2/22/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Medical laboratories Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:FLGT CUSIPN/A CIK1674930 Webwww.fulgentgenetics.com Phone(626) 350-0537Fax626-454-1667Employees645Year Founded2011Price Target and Rating Average Stock Price Forecast$45.00 High Stock Price Forecast$50.00 Low Stock Price Forecast$40.00 Forecasted Upside/Downside+24.3%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$8.70 Trailing P/E Ratio4.16 Forward P/E Ratio7.34 P/E GrowthN/ANet Income$507.36 million Net Margins33.82% Pretax Margin45.87% Return on Equity22.10% Return on Assets19.97% Debt Debt-to-Equity RatioN/A Current Ratio6.79 Quick Ratio6.79 Sales & Book Value Annual Sales$992.58 million Price / Sales1.07 Cash Flow$17.66 per share Price / Cash Flow2.05 Book Value$39.08 per share Price / Book0.93Miscellaneous Outstanding Shares29,440,000Free Float20,754,000Market Cap$1.07 billion OptionableNot Optionable Beta1.58 Social Links Key ExecutivesMing HsiehChairman & Chief Executive OfficerJames XiePresident & Chief Operating OfficerPaul H. KimChief Financial OfficerHarry GaoChief Scientific Officer & Laboratory DirectorLawrence M. WeissChief Medical OfficerKey CompetitorsViridian TherapeuticsNASDAQ:VRDNCareDxNASDAQ:CDNARadNetNASDAQ:RDNTProgenityNASDAQ:PROGCastle BiosciencesNASDAQ:CSTLView All CompetitorsInsiders & InstitutionsAurora Investment CounselSold 9,245 shares on 2/3/2023Ownership: 0.038%SG Americas Securities LLCBought 41,679 shares on 2/2/2023Ownership: 0.158%Nisa Investment Advisors LLCBought 1,584 shares on 2/2/2023Ownership: 0.006%Simplex Trading LLCSold 20,700 shares on 2/2/2023Ownership: 0.000%Zurcher Kantonalbank Zurich Cantonalbank Bought 625 shares on 2/1/2023Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions FLGT Stock - Frequently Asked Questions Should I buy or sell Fulgent Genetics stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fulgent Genetics in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" FLGT shares. View FLGT analyst ratings or view top-rated stocks. What is Fulgent Genetics' stock price forecast for 2023? 3 analysts have issued twelve-month price targets for Fulgent Genetics' shares. Their FLGT share price forecasts range from $40.00 to $50.00. On average, they anticipate the company's stock price to reach $45.00 in the next year. This suggests a possible upside of 24.3% from the stock's current price. View analysts price targets for FLGT or view top-rated stocks among Wall Street analysts. How have FLGT shares performed in 2023? Fulgent Genetics' stock was trading at $29.78 at the start of the year. Since then, FLGT shares have increased by 21.6% and is now trading at $36.21. View the best growth stocks for 2023 here. Are investors shorting Fulgent Genetics? Fulgent Genetics saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 1,170,000 shares, an increase of 14.7% from the December 31st total of 1,020,000 shares. Based on an average daily volume of 274,400 shares, the days-to-cover ratio is presently 4.3 days. Currently, 6.3% of the company's stock are short sold. View Fulgent Genetics' Short Interest. When is Fulgent Genetics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023. View our FLGT earnings forecast. How were Fulgent Genetics' earnings last quarter? Fulgent Genetics, Inc. (NASDAQ:FLGT) announced its quarterly earnings results on Monday, November, 7th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.13. The firm earned $105.66 million during the quarter, compared to the consensus estimate of $103.70 million. Fulgent Genetics had a net margin of 33.82% and a trailing twelve-month return on equity of 22.10%. What guidance has Fulgent Genetics issued on next quarter's earnings? Fulgent Genetics updated its fourth quarter 2022 earnings guidance on Monday, November, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $60.00 million-$60.00 million, compared to the consensus revenue estimate of $86.70 million. What other stocks do shareholders of Fulgent Genetics own? Based on aggregate information from My MarketBeat watchlists, some companies that other Fulgent Genetics investors own include NVIDIA (NVDA), CRISPR Therapeutics (CRSP), Inseego (INSG), NeoGenomics (NEO), Invitae (NVTA), Block (SQ), JD.com (JD), Marvell Technology (MRVL), Teladoc Health (TDOC) and Editas Medicine (EDIT). When did Fulgent Genetics IPO? (FLGT) raised $60 million in an initial public offering (IPO) on Thursday, September 29th 2016. The company issued 4,600,000 shares at $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. What is Fulgent Genetics' stock symbol? Fulgent Genetics trades on the NASDAQ under the ticker symbol "FLGT." Who are Fulgent Genetics' major shareholders? Fulgent Genetics' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Exchange Traded Concepts LLC (0.19%), SG Americas Securities LLC (0.16%), New York State Teachers Retirement System (0.09%), SummerHaven Investment Management LLC (0.05%), Yousif Capital Management LLC (0.04%) and Comerica Bank (0.04%). Insiders that own company stock include Hanlin Gao, Jian Xie, John C Bolger, Paul Kim and X Cycle LP Tcv. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Fulgent Genetics' stock price today? One share of FLGT stock can currently be purchased for approximately $36.21. How much money does Fulgent Genetics make? Fulgent Genetics (NASDAQ:FLGT) has a market capitalization of $1.07 billion and generates $992.58 million in revenue each year. The company earns $507.36 million in net income (profit) each year or $8.70 on an earnings per share basis. How many employees does Fulgent Genetics have? The company employs 645 workers across the globe. Does Fulgent Genetics have any subsidiaries? The following companies are subsidiares of Fulgent Genetics: CSI, Cytometry Specialists Inc., FF Gene Biotech, Fulgent Investment Development Limited, Fulgent Therapeutics LLC, and Inform Diagnostics.Read More How can I contact Fulgent Genetics? Fulgent Genetics' mailing address is 4978 SANTA ANITA AVENUE, TEMPLE CITY CA, 91780. The official website for the company is www.fulgentgenetics.com. The company can be reached via phone at (626) 350-0537, via email at nborsje@blueshirtgroup.com, or via fax at 626-454-1667. This page (NASDAQ:FLGT) was last updated on 2/5/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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