NASDAQ:VCYT - Veracyte Stock Price, News, & Analysis

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$19.68 +0.88 (+4.68 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$18.80
Today's Range$18.80 - $19.72
52-Week Range$5.32 - $19.72
Volume466,738 shs
Average Volume415,404 shs
Market Capitalization$797.81 million
P/E Ratio-21.63
Dividend YieldN/A
Beta0.99
Veracyte, Inc. operates as a genomic diagnostics company in the United States. It uses genomic technology to resolve diagnostic uncertainty. The company offers Afirma Thyroid FNA Analysis solution; cytopathology testing services; and the Afirma Malignancy Classifiers to manage thyroid nodule patients. Its products also include Percepta Bronchial Genomic Classifier solution for use in lung cancer screening and diagnosis; and Envisia Genomic Classifier solution for idiopathic pulmonary fibrosis. The company sells its products through product specialists, institutional managers, account managers, and medical science specialists. Veracyte, Inc. has research collaboration agreement with Loxo Oncology to develop medicines for patients with genetically defined cancers; strategic collaboration with Johnson & Johnson Innovation LLC to develop and commercialize novel diagnostic tests to detect lung cancer at its earliest stages; and diagnostics development agreement with Johnson & Johnson Services, Inc. to develop a bronchial genomic classifier diagnostic and a nasal genomic classifier diagnostic for lung cancer diagnosis. 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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Industry, Sector and Symbol

Industry Medical laboratories
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:VCYT
CUSIPN/A
Phone650-243-6300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$71.95 million
Book Value$1.09 per share

Profitability

Net Income$-31,000,000.00

Miscellaneous

Employees246
Market Cap$797.81 million
Next Earnings Date2/25/2019 (Confirmed)
OptionableOptionable

Veracyte (NASDAQ:VCYT) Frequently Asked Questions

What is Veracyte's stock symbol?

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

How were Veracyte's earnings last quarter?

Veracyte Inc (NASDAQ:VCYT) posted its quarterly earnings data on Monday, October, 29th. The biotechnology company reported ($0.12) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.25) by $0.13. The biotechnology company earned $23.47 million during the quarter, compared to analyst estimates of $21.52 million. Veracyte had a negative return on equity of 65.73% and a negative net margin of 33.00%. View Veracyte's Earnings History.

When is Veracyte's next earnings date?

Veracyte is scheduled to release their next quarterly earnings announcement on Monday, February 25th 2019. View Earnings Estimates for Veracyte.

What price target have analysts set for VCYT?

4 Wall Street analysts have issued 12-month target prices for Veracyte's shares. Their predictions range from $11.00 to $17.00. On average, they expect Veracyte's stock price to reach $13.4333 in the next twelve months. This suggests that the stock has a possible downside of 31.7%. View Analyst Price Targets for Veracyte.

What is the consensus analysts' recommendation for Veracyte?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veracyte in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Veracyte.

Has Veracyte been receiving favorable news coverage?

Headlines about VCYT stock have trended somewhat positive this week, according to InfoTrie. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Veracyte earned a news sentiment score of 1.7 on InfoTrie's scale. They also gave headlines about the biotechnology company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

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), CA (CA), Endologix (ELGX), BlackRock (BLK), Netflix (NFLX), Chipotle Mexican Grill (CMG), Honeywell International (HON), Genocea Biosciences (GNCA), Exelixis (EXEL) and AbbVie (ABBV).

Who are Veracyte's key executives?

Veracyte's management team includes the folowing people:
  • Ms. Bonnie H. Anderson, Co-Founder, Chairman & CEO (Age 61)
  • Mr. Christopher M. Hall, Pres & COO (Age 50)
  • Mr. Keith S. Kennedy CFA, CPA, CFO & Sec. (Age 49)
  • Dr. Giulia C. Kennedy Ph.D., Chief Scientific Officer & Head of Scientific, Clinical and Medical Affairs Department (Age 60)
  • Mr. Ashish Kheterpal, Chief Information Officer

Who are Veracyte's major shareholders?

Veracyte's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.36%), Cannell Capital LLC (4.18%), Millennium Management LLC (3.50%), Assenagon Asset Management S.A. (3.00%), Geode Capital Management LLC (0.96%) and Northern Trust Corp (0.85%). Company insiders that own Veracyte stock include Bonnie H Anderson, Christopher M Hall, Evan/ Fa Jones and Jesse I Treu. View Institutional Ownership Trends for Veracyte.

Which institutional investors are selling Veracyte stock?

VCYT stock was sold by a variety of institutional investors in the last quarter, including Timpani Capital Management LLC, Algert Global LLC, Cannell Capital LLC, Gabelli Funds LLC, Strs Ohio, BlackRock Inc., Barclays PLC and Meeder Asset Management Inc.. Company insiders that have sold Veracyte company stock in the last year include Bonnie H Anderson, Christopher M Hall and Jesse I Treu. View Insider Buying and Selling for Veracyte.

Which institutional investors are buying Veracyte stock?

VCYT stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Millennium Management LLC, Fiera Capital Corp, D. E. Shaw & Co. Inc., SG Americas Securities LLC, Bank of New York Mellon Corp, Acadian Asset Management LLC and Dupont Capital Management Corp. View Insider Buying and Selling for Veracyte.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Veracyte's stock price today?

One share of VCYT stock can currently be purchased for approximately $19.68.

How big of a company is Veracyte?

Veracyte has a market capitalization of $797.81 million and generates $71.95 million in revenue each year. The biotechnology company earns $-31,000,000.00 in net income (profit) each year or ($0.91) on an earnings per share basis. Veracyte employs 246 workers across the globe.

What is Veracyte's official website?

The official website for Veracyte is http://www.veracyte.com.

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]


MarketBeat Community Rating for Veracyte (NASDAQ VCYT)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  281 (Vote Outperform)
Underperform Votes:  176 (Vote Underperform)
Total Votes:  457
MarketBeat's community ratings are surveys of what our community members think about Veracyte and other stocks. Vote "Outperform" if you believe VCYT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VCYT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/22/2019 by MarketBeat.com Staff

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