Fulgent Genetics Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fulgent Genetics in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Fulgent Genetics stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FLGT, but not buy additional shares or sell existing shares.
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Fulgent Genetics is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Fulgent Genetics.

Fulgent Genetics will be holding an earnings conference call on Monday, August 9th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Fulgent Genetics, Inc. (NASDAQ:FLGT) posted its quarterly earnings data on Thursday, May, 6th. The company reported $6.59 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $5.95 by $0.64. The firm had revenue of $359.43 million for the quarter, compared to analysts' expectations of $326.46 million. Fulgent Genetics had a net margin of 53.91% and a trailing twelve-month return on equity of 101.08%. The business's revenue was up 4536.0% on a year-over-year basis.
View Fulgent Genetics' earnings history.

Fulgent Genetics' stock was trading at $10.06 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FLGT stock has increased by 821.4% and is now trading at $92.69.
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Fulgent Genetics updated its second quarter 2021 earnings guidance on Thursday, May, 27th. The company provided earnings per share (EPS) guidance of - for the period. The company issued revenue guidance of $200 million-$200 million, compared to the consensus revenue estimate of $193.95 million.

5 Wall Street analysts have issued 1 year price targets for Fulgent Genetics' shares. Their forecasts range from $40.00 to $140.00. On average, they expect Fulgent Genetics' stock price to reach $88.00 in the next twelve months. This suggests that the stock has a possible downside of 5.1%.
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Some companies that are related to Fulgent Genetics include Natera (NTRA), Elekta AB (publ) (EKTAY), Invitae (NVTA), CareDx (CDNA), Veracyte (VCYT), Burning Rock Biotech (BNR), RadNet (RDNT), Castle Biosciences (CSTL), Renalytix AI (RNLX), Genetron (GTH), DermTech (DMTK), Personalis (PSNL), Celcuity (CELC), Centogene (CNTG) and Exagen (XGN).
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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), Square (SQ), JD.com (JD), Marvell Technology (MRVL), Teladoc Health (TDOC) and Editas Medicine (EDIT).

(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 acted as the underwriters for the IPO and Raymond James and BTIG were co-managers.

Fulgent Genetics trades on the NASDAQ under the ticker symbol "FLGT."

Fulgent Genetics' stock is owned by a variety of institutional and retail investors. Top institutional investors include Harel Insurance Investments & Financial Services Ltd. (0.05%), State of Alaska Department of Revenue (0.04%) and Inspirion Wealth Advisors LLC (0.01%). Company insiders that own Fulgent Genetics stock include Hanlin Gao, Jian Xie, John C Bolger, Paul Kim and X Cycle LP Tcv.
View institutional ownership trends for Fulgent Genetics.

FLGT stock was sold by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd.. Company insiders that have sold Fulgent Genetics company stock in the last year include Hanlin Gao, Jian Xie, John C Bolger, and Paul Kim.
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FLGT stock was acquired by a variety of institutional investors in the last quarter, including Inspirion Wealth Advisors LLC, and State of Alaska Department of Revenue.
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Shares of FLGT 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.
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One share of FLGT stock can currently be purchased for approximately $92.69.

Fulgent Genetics has a market capitalization of $2.69 billion and generates $421.71 million in revenue each year. The company earns $214.31 million in net income (profit) each year or $8.85 on an earnings per share basis.

Fulgent Genetics employs 700 workers across the globe.

The official website for Fulgent Genetics is www.fulgentgenetics.com.

Fulgent Genetics is headquartered at 4978 SANTA ANITA AVENUE, TEMPLE CITY CA, 91780.

Fulgent Genetics' mailing address is 4978 SANTA ANITA AVENUE, TEMPLE CITY CA, 91780. The company can be reached via phone at 626-350-0537 or via email at [email protected]