NASDAQ:VCYT

Veracyte Stock Forecast, Price & News

$38.56
+0.55 (+1.45 %)
(As of 06/22/2021 12:00 AM ET)
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Today's Range
$37.51
$38.59
50-Day Range
$32.94
$56.38
52-Week Range
$22.87
$86.03
Volume416,134 shs
Average Volume923,984 shs
Market Capitalization$2.59 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.75
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Veracyte logo

About Veracyte

Veracyte, Inc. operates as a genomic diagnostics company in the United States and internationally. The company offers Afirma Genomic Sequencing Classifier and Xpression Atlas, which are used to identify patients with benign thyroid nodules among those with indeterminate cytopathology results in order to rule out unnecessary thyroid surgery; Percepta Genomic Sequencing Classifier for lung cancer diagnosis; Envisia Genomic Classifier that help physicians to differentiate idiopathic pulmonary fibrosis from other interstitial lung diseases without the need for surgery; and Prosigna Breast Cancer Prognostic Gene Signature Assay test that informs next steps for patients with early-stage breast cancer, as well as provides cancer subtype classification information. It is also developing nasal swab test for early lung cancer detection; Percepta Genomic Atlas for genomic profiling information on small samples of the tumor biopsy; Envisia Classifier, the nCounter analysis system; and LymphMark for lymphoma subtyping test. Veracyte, Inc. has biopharmaceutical collaborations with Johnson & Johnson; Acerta Pharma; Loxo Oncology, Inc.; and Bayer AG. The company was formerly known as Calderome, Inc. and changed its name to Veracyte, Inc. in March 2008. Veracyte, Inc. was incorporated in 2006 and is headquartered in South San Francisco, California.

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MarketRank

Overall MarketRank

1.62 out of 5 stars

Medical Sector

429th out of 2,105 stocks

Medical Laboratories Industry

8th out of 40 stocks

Analyst Opinion: 4.4Community Rank: 3.1Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -
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Veracyte (NASDAQ:VCYT) Frequently Asked Questions

Is Veracyte a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Veracyte in the last year. There are currently 1 sell rating, 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Veracyte stock.
View analyst ratings for Veracyte
or view top-rated stocks.

What stocks does MarketBeat like better than Veracyte?

Wall Street analysts have given Veracyte a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Veracyte wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Veracyte's next earnings date?

Veracyte is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Veracyte
.

How were Veracyte's earnings last quarter?

Veracyte, Inc. (NASDAQ:VCYT) issued its quarterly earnings results on Monday, May, 10th. The biotechnology company reported ($0.11) earnings per share for the quarter, topping analysts' consensus estimates of ($0.12) by $0.01. The biotechnology company had revenue of $36.70 million for the quarter, compared to analysts' expectations of $34.52 million. Veracyte had a negative net margin of 52.87% and a negative trailing twelve-month return on equity of 5.91%.
View Veracyte's earnings history
.

How has Veracyte's stock been impacted by COVID-19 (Coronavirus)?

Veracyte's stock was trading at $23.55 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, VCYT shares have increased by 63.7% and is now trading at $38.56.
View which stocks have been most impacted by COVID-19
.

What guidance has Veracyte issued on next quarter's earnings?

Veracyte issued an update on its FY 2021 earnings guidance on Tuesday, June, 8th. The company provided earnings per share guidance of $- for the period. The company issued revenue guidance of $190 million-200 million, compared to the consensus revenue estimate of $194.19 million.

What price target have analysts set for VCYT?

10 brokers have issued 1-year price targets for Veracyte's shares. Their forecasts range from $45.00 to $65.00. On average, they expect Veracyte's share price to reach $53.67 in the next twelve months. This suggests a possible upside of 39.2% from the stock's current price.
View analysts' price targets for Veracyte
or view top-rated stocks among Wall Street analysts.

Who are Veracyte's key executives?

Veracyte's management team includes the following people:
  • Ms. Bonnie H. Anderson, Co-Founder & Director (Age 63, Pay $1.25M)
  • Dr. Giulia C. Kennedy Ph.D., Chief Scientific & Medical Officer (Age 62, Pay $703k)
  • Mr. James H. Erlinger III, Exec. VP, Gen. Counsel & Sec. (Age 63, Pay $1.04M)
  • Mr. John Walter Hanna Jr., Chief Commercial Officer and GM of Endocrinology, Breast Cancer & Lymphoma (Age 40, Pay $622k)
  • Mr. Marc A. Stapley, Chief Exec. Officer (Age 51)
  • Ms. Beverly Jane Alley CPA, VP, Corp. Controller, Principal Accounting Officer & Acting CFO (Age 58)
  • Ms. Tracy Morris, VP of Corp. Communications & Investor Relations
  • Dr. Alfred Bowie Jr., VP of Corp. & Bus. Devel.
  • Dr. Richard T. Kloos, Sr. Medical Director of Endocrinology
  • Napoleon Cheng, Assistant Controller

Who are some of Veracyte's key competitors?

What other stocks do shareholders of Veracyte own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Veracyte investors own include Hawkins (HWKN), Invitae (NVTA), AbbVie (ABBV), CA (CA), CRISPR Therapeutics (CRSP), Advanced Micro Devices (AMD), Editas Medicine (EDIT), NVIDIA (NVDA), Exelixis (EXEL) and NeoGenomics (NEO).

What is Veracyte's stock symbol?

Veracyte trades on the NASDAQ under the ticker symbol "VCYT."

Who are Veracyte's major shareholders?

Veracyte's stock is owned by a number of institutional and retail investors. Top institutional investors include ARK Investment Management LLC (11.33%), BlackRock Inc. (9.14%), Artisan Partners Limited Partnership (6.98%), William Blair Investment Management LLC (6.83%), Nikko Asset Management Americas Inc. (4.89%) and Sumitomo Mitsui Trust Holdings Inc. (4.85%). Company insiders that own Veracyte stock include Bonnie H Anderson, Evan/ Fa Jones, Giulia C Kennedy, Jens Holstein, John Walter Hanna Jr, John Walter Hanna, Jr, Karin Eastham, Keith Kennedy, Kevin K Gordon, Mark Ho and Robert S Epstein.
View institutional ownership trends for Veracyte
.

Which major investors are selling Veracyte stock?

VCYT stock was sold by a variety of institutional investors in the last quarter, including ARK Investment Management LLC, William Blair Investment Management LLC, Gilder Gagnon Howe & Co. LLC, Waddell & Reed Financial Inc., Capital Impact Advisors LLC, Lord Abbett & CO. LLC, Cubist Systematic Strategies LLC, and Nuveen Asset Management LLC. Company insiders that have sold Veracyte company stock in the last year include Bonnie H Anderson, Evan/ Fa Jones, Giulia C Kennedy, John Walter Hanna Jr, John Walter Hanna, Jr, Karin Eastham, Keith Kennedy, Kevin K Gordon, Mark Ho, and Robert S Epstein.
View insider buying and selling activity for Veracyte
or view top insider-selling stocks.

Which major investors are buying Veracyte stock?

VCYT stock was acquired by a variety of institutional investors in the last quarter, including Matrix Capital Management Company LP, Artisan Partners Limited Partnership, BlackRock Inc., Oak Ridge Investments LLC, Jennison Associates LLC, Champlain Investment Partners LLC, Goldman Sachs Group Inc., and Canada Pension Plan Investment Board.
View insider buying and selling activity for Veracyte
or or view top insider-buying stocks.

How do I buy shares of Veracyte?

Shares of VCYT 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 Veracyte's stock price today?

One share of VCYT stock can currently be purchased for approximately $38.56.

How much money does Veracyte make?

Veracyte has a market capitalization of $2.59 billion and generates $117.48 million in revenue each year. The biotechnology company earns $-34,910,000.00 in net income (profit) each year or ($0.66) on an earnings per share basis.

How many employees does Veracyte have?

Veracyte employs 320 workers across the globe.

What is Veracyte's official website?

The official website for Veracyte is www.veracyte.com.

Where are Veracyte's headquarters?

Veracyte is headquartered at 6000 SHORELINE COURT SUITE 300, SOUTH SAN FRANCISCO CA, 94080.

How can I contact Veracyte?

Veracyte's mailing address is 6000 SHORELINE COURT SUITE 300, SOUTH SAN FRANCISCO CA, 94080. The biotechnology company can be reached via phone at 650-243-6300 or via email at [email protected]


This page was last updated on 6/23/2021 by MarketBeat.com Staff
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