GeneDx (WGS) Stock Price, News & Analysis

Company Overview

GeneDx Holdings Corp., through its subsidiaries, provides genomics-related diagnostic and information services. The company offers Centrellis, an AI-driven health intelligence platform that integrates digital tools and artificial intelligence allowing scientists to ingest and synthesize clinical and genomic data to deliver comprehensive health insights. It provides genetic diagnostic tests, screening solutions, and information with a focus on pediatrics, rare diseases for children and adults, and hereditary cancer screening. GeneDx Holdings Corp. was founded in 2017 and is headquartered in Stamford, Connecticut.

Key Stats

• Today's Range: $51.04 to $55.24
• 50-Day Range: $28.19 to $54.33
• 52-Week Range: $1.16 to $57.53
• Volume: 528,153 shs
• Average Volume: 412,410 shs
• Market Capitalization: $1.43 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $38.00
• Consensus Rating: Moderate Buy

GeneDx Stock Analysis - MarketRank™

GeneDx scored higher than 37% of companies evaluated by MarketBeat, and ranked 708th out of 997 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

GeneDx has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

GeneDx has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for GeneDx are expected to grow in the coming year, from ($0.75) to $0.14 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of GeneDx is -10.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of GeneDx is -10.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

GeneDx has a P/B Ratio of 6.25. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

11.60% of the float of GeneDx has been sold short.

Short Interest Ratio / Days to Cover

GeneDx has a short interest ratio ("days to cover") of 5.1.

Change versus previous month

Short interest in GeneDx has recently increased by 1.37%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

GeneDx does not currently pay a dividend.

Dividend Growth

GeneDx does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

11.60% of the float of GeneDx has been sold short.

Short Interest Ratio / Days to Cover

GeneDx has a short interest ratio ("days to cover") of 5.1.

Change versus previous month

Short interest in GeneDx has recently increased by 1.37%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.59

News Sentiment

GeneDx has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for GeneDx this week, compared to 3 articles on an average week.

Search Interest

Only 11 people have searched for WGS on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.

MarketBeat Follows

8 people have added GeneDx to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, GeneDx insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $21,365,988.00 in company stock.

Percentage Held by Insiders

28.10% of the stock of GeneDx is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

61.72% of the stock of GeneDx is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WGS Stock Analysis - Frequently Asked Questions

How have WGS shares performed this year?

GeneDx's stock was trading at $2.75 on January 1st, 2024. Since then, WGS stock has increased by 1,894.2% and is now trading at $54.84.
View the best growth stocks for 2024 here.

How were GeneDx's earnings last quarter?

GeneDx Holdings Corp. (NASDAQ:WGS) released its quarterly earnings results on Tuesday, July, 30th. The company reported ($0.11) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.26) by $0.15. The business earned $70.51 million during the quarter, compared to the consensus estimate of $58.90 million. GeneDx had a negative trailing twelve-month return on equity of 22.71% and a negative net margin of 48.21%.

When did GeneDx's stock split?

GeneDx's stock reverse split on Thursday, May 4th 2023. The 1-33 reverse split was announced on Thursday, May 4th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, May 4th 2023. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

Who are GeneDx's major shareholders?

GeneDx's top institutional shareholders include SG Americas Securities LLC (0.02%) and CWM LLC (0.01%). Insiders that own company stock include Casdin Capital, Llc, Opko Health, Inc, Tactical Opportunit Blackstone, Jason Ryan, Kevin Feeley, Kareem Saad, Richard C Pfenniger Jr, Daniel Emmett Clark, Isaac Ro, Eric Schadt, Karen Ann White, Shawn Assad, Richard Miao, Anthony Prentice and James Coffin.
View institutional ownership trends.

How do I buy shares of GeneDx?

Shares of WGS 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.

Company Calendar

• Last Earnings: 7/30/2024
• Today: 10/09/2024
• Next Earnings (Confirmed): 10/29/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Health services
• Sub-Industry: Healthcare
• Current Symbol: NASDAQ:WGS
• CUSIP: N/A
• CIK: 1818331
• Web: sema4.com
• Phone: 800-298-6470
• Fax: N/A
• Employees: 1,200
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $38.00
• High Stock Price Target: $50.00
• Low Stock Price Target: $21.00
• Potential Upside/Downside: -28.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($5.18)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-175,770,000.00
• Net Margins: -48.21%
• Pretax Margin: -48.56%
• Return on Equity: -22.71%
• Return on Assets: -12.39%

Debt

• Debt-to-Equity Ratio: 0.27
• Current Ratio: 2.38
• Quick Ratio: 2.22

Sales & Book Value

• Annual Sales: $243.66 million
• Price / Sales: 5.67
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $8.78 per share
• Price / Book: 6.02

Miscellaneous

• Outstanding Shares: 26,122,000
• Free Float: 18,782,000
• Market Cap: $1.38 billion
• Optionable: Optionable
• Beta: 2.32