NASDAQ:VCYT - Veracyte Stock Price, Forecast & News

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

Veracyte Inc (NASDAQ:VCYT) released its quarterly earnings data on Tuesday, October, 22nd. The biotechnology company reported ($0.02) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.07) by $0.05. The biotechnology company earned $30.97 million during the quarter, compared to analysts' expectations of $30.41 million. Veracyte had a negative net margin of 7.08% and a negative return on equity of 5.33%. View Veracyte's Earnings History.

Veracyte is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Veracyte.

Veracyte will be holding an earnings conference call on Tuesday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 analysts have issued twelve-month target prices for Veracyte's shares. Their forecasts range from $34.00 to $35.00. On average, they anticipate Veracyte's share price to reach $34.50 in the next twelve months. This suggests a possible upside of 34.4% from the stock's current price. View Analyst Price Targets for Veracyte.

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

News articles about VCYT stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Veracyte earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned headlines about the biotechnology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Veracyte.

Veracyte saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 3,610,000 shares, an increase of 42.7% from the January 15th total of 2,530,000 shares. Based on an average daily trading volume, of 498,600 shares, the short-interest ratio is presently 7.2 days. Approximately 7.7% of the company's shares are short sold. View Veracyte's Current Options Chain.

Some companies that are related to Veracyte include ELEKTA AB/ADR (EKTAY), Natera (NTRA), InVitae (NVTA), CareDx (CDNA), RadNet (RDNT), Castle Biosciences (CSTL), Fulgent Genetics (FLGT), Personalis (PSNL), Centogene (CNTG), DermTech (DMTK), Enzo Biochem (ENZ), Anpac Bio-Medical Science (ANPC), Celcuity (CELC), Psychemedics (PMD) and Miragen Therapeutics (MGEN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Veracyte investors own include Hawkins (HWKN), CA (CA), Endologix (ELGX), AbbVie (ABBV), BlackRock (BLK), Advanced Micro Devices (AMD), InVitae (NVTA), Crispr Therapeutics (CRSP), Exelixis (EXEL) and Geron (GERN).

Veracyte's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include William Blair Investment Management LLC (7.31%), Sumitomo Mitsui Trust Holdings Inc. (6.25%), Nikko Asset Management Americas Inc. (6.25%), ARK Investment Management LLC (5.71%), State Street Corp (4.08%) and Artisan Partners Limited Partnership (3.76%). Company insiders that own Veracyte stock include Bonnie H Anderson, Christopher M Hall, Evan/ Fa Jones, Giulia C Kennedy, Jesse I Treu, John Walter Hanna Jr and Keith Kennedy. View Institutional Ownership Trends for Veracyte.

VCYT stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Robeco Institutional Asset Management B.V., Bamco Inc. NY, AQR Capital Management LLC, State Street Corp, Calamos Advisors LLC, Essex Investment Management Co. LLC and UBS Group AG. Company insiders that have sold Veracyte company stock in the last year include Bonnie H Anderson, Christopher M Hall, Evan/ Fa Jones, Giulia C Kennedy, Jesse I Treu, John Walter Hanna Jr and Keith Kennedy. View Insider Buying and Selling for Veracyte.

VCYT stock was bought by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, GW&K Investment Management LLC, William Blair Investment Management LLC, Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., Lord Abbett & CO. LLC, New York State Common Retirement Fund and Pictet Asset Management Ltd.. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of VCYT stock can currently be purchased for approximately $25.67.

Veracyte has a market capitalization of $1.25 billion and generates $92.01 million in revenue each year. The biotechnology company earns $-23,000,000.00 in net income (profit) each year or ($0.62) on an earnings per share basis. Veracyte employs 270 workers across the globe.View Additional Information About Veracyte.

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

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]