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NASDAQ:OMIC

Singular Genomics Systems (OMIC) Stock Price, News & Analysis

$7.80
-0.59 (-7.03%)
(As of 07/26/2024 ET)
Today's Range
$7.43
$7.80
50-Day Range
$7.62
$12.11
52-Week Range
$7.43
$27.60
Volume
11,494 shs
Average Volume
4,756 shs
Market Capitalization
$19.24 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.75

Singular Genomics Systems MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
37.8% Upside
$10.75 Price Target
Short Interest
Healthy
0.87% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.96mentions of Singular Genomics Systems in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

3.23 out of 5 stars

Medical Sector

357th out of 936 stocks

Analytical Instruments Industry

11th out of 27 stocks

OMIC stock logo

About Singular Genomics Systems Stock (NASDAQ:OMIC)

Singular Genomics Systems, Inc., a life science technology company, develops next generation sequencing and multiomics technology for researchers and clinicians to advance science and medicine. The company is involved in the developing of G4, consisting of G4 instrument and associated consumables for various applications, such as max read kits for single cell sequencing, rare variant detection with high-definition sequencing, gene fusion detection with ring-seq, and extended range sequencing; and PX instrument and associated consumables for applications comprising single cell gene expression and proteomics, in situ RNA sequencing, and spatial RNA and proteomics applications for tissue. Singular Genomics Systems, Inc. was incorporated in 2016 and is based in San Diego, California.

OMIC Stock Price History

OMIC Stock News Headlines

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Singular Genomics Systems Inc (OMIC)
See More Headlines
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Company Calendar

Last Earnings
5/14/2024
Today
7/26/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Analytical instruments
Sub-Industry
Measuring And Control Equipment
Current Symbol
NASDAQ:OMIC
Fax
N/A
Employees
220
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.75
High Stock Price Target
$15.00
Low Stock Price Target
$6.50
Potential Upside/Downside
+37.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-94,820,000.00
Net Margins
-3,863.90%
Pretax Margin
-3,863.90%

Debt

Sales & Book Value

Annual Sales
$2.49 million
Book Value
$73.25 per share

Miscellaneous

Free Float
1,919,000
Market Cap
$19.24 million
Optionable
Optionable
Beta
1.35
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Key Executives

  • Mr. Andrew Spaventa (Age 39)
    Founder, CEO, President & Chairperson of the Board
    Comp: $685.93k
  • Dr. David L. Barker Ph.D. (Age 82)
    Founder, Member of Scientific Advisory Board & Independent Director
    Comp: $63.75k
  • Dr. Eli N. Glezer Ph.D. (Age 55)
    Founder, Chief Scientific Officer & Chair of Scientific Advisory Board
    Comp: $496.5k
  • Mr. Dalen Meeter (Age 46)
    Chief Financial Officer
    Comp: $434.39k
  • Jyotsna Ghai
    Chief Operating Officer
  • Mr. Jorge Velarde Jr. (Age 57)
    MBA, Senior Vice President of Corporate Development & Strategy
  • Mr. Jeff Bullard
    Head of Sales
  • Mr. Vincent Brancaccio (Age 41)
    Head of Human Resources
  • Mr. Samuel Ropp Ph.D. (Age 50)
    Chief Commercial Officer

OMIC Stock Analysis - Frequently Asked Questions

How have OMIC shares performed this year?

Singular Genomics Systems' stock was trading at $13.8030 at the beginning of 2024. Since then, OMIC shares have decreased by 43.5% and is now trading at $7.80.
View the best growth stocks for 2024 here
.

How were Singular Genomics Systems' earnings last quarter?

Singular Genomics Systems, Inc. (NASDAQ:OMIC) issued its quarterly earnings results on Tuesday, May, 14th. The company reported ($10.20) EPS for the quarter. The firm had revenue of $0.44 million for the quarter, compared to analyst estimates of $0.50 million. Singular Genomics Systems had a negative net margin of 3,863.90% and a negative trailing twelve-month return on equity of 51.10%.

When did Singular Genomics Systems' stock split?

Singular Genomics Systems shares reverse split on Wednesday, June 26th 2024. The 1-30 reverse split was announced on Wednesday, June 26th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, June 26th 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

When did Singular Genomics Systems IPO?

Singular Genomics Systems (OMIC) raised $178 million in an initial public offering (IPO) on Thursday, May 27th 2021. The company issued 8,500,000 shares at $20.00-$22.00 per share. J.P. Morgan, Goldman Sachs, BofA Securities, Cowen and UBS Investment Bank served as the underwriters for the IPO.

How do I buy shares of Singular Genomics Systems?

Shares of OMIC 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.

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

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