NASDAQ:OMIC

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

$0.40
-0.01 (-3.04%)
(As of 02:37 PM ET)
Today's Range
$0.39
$0.40
50-Day Range
$0.38
$0.61
52-Week Range
$0.31
$1.21
Volume
8,948 shs
Average Volume
114,339 shs
Market Capitalization
$29.26 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$0.68

Singular Genomics Systems MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
70.9% Upside
$0.68 Price Target
Short Interest
Healthy
1.42% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.36mentions 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.

2.63 out of 5 stars

Medical Sector

436th out of 907 stocks

Analytical Instruments Industry

15th out of 26 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

Singular Genomics Systems Inc (OMIC)
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Singular Genomics Sys: Q4 Earnings Insights
The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Singular Genomics Systems earnings: here's what to expect
Preview: Singular Genomics Sys's Earnings
Singular Genomics Systems Inc.
Singular Genomics Systems Founder Acquires 4.6% More Stock
Recap: Singular Genomics Sys Q3 Earnings
OMIC Singular Genomics Systems, Inc.
Singular Genomics Systems Inc OMIC
See More Headlines
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Company Calendar

Last Earnings
3/18/2024
Today
4/25/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Analytical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:OMIC
Fax
N/A
Employees
255
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$0.68
High Stock Price Target
$0.85
Low Stock Price Target
$0.50
Potential Upside/Downside
+68.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-94,820,000.00
Net Margins
-3,257.30%
Pretax Margin
-3,257.30%

Debt

Sales & Book Value

Annual Sales
$2.91 million
Book Value
$2.44 per share

Miscellaneous

Free Float
57,860,000
Market Cap
$29.62 million
Optionable
Optionable
Beta
1.39
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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

Should I buy or sell Singular Genomics Systems stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Singular Genomics Systems in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" OMIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OMIC, but not buy additional shares or sell existing shares.
View OMIC analyst ratings
or view top-rated stocks.

What is Singular Genomics Systems' stock price target for 2024?

2 Wall Street analysts have issued 1 year price objectives for Singular Genomics Systems' stock. Their OMIC share price targets range from $0.50 to $0.85. On average, they anticipate the company's share price to reach $0.68 in the next twelve months. This suggests a possible upside of 70.9% from the stock's current price.
View analysts price targets for OMIC
or view top-rated stocks among Wall Street analysts.

How have OMIC shares performed in 2024?

Singular Genomics Systems' stock was trading at $0.4601 at the beginning of the year. Since then, OMIC stock has decreased by 14.1% and is now trading at $0.3950.
View the best growth stocks for 2024 here
.

Are investors shorting Singular Genomics Systems?

Singular Genomics Systems saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 603,300 shares, a decline of 17.6% from the March 31st total of 732,300 shares. Based on an average daily volume of 113,500 shares, the short-interest ratio is presently 5.3 days. Approximately 1.4% of the shares of the company are sold short.
View Singular Genomics Systems' Short Interest
.

When is Singular Genomics Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our OMIC earnings forecast
.

How were Singular Genomics Systems' earnings last quarter?

Singular Genomics Systems, Inc. (NASDAQ:OMIC) announced its quarterly earnings results on Monday, March, 18th. The company reported ($0.34) EPS for the quarter. The business earned $1.08 million during the quarter. Singular Genomics Systems had a negative trailing twelve-month return on equity of 45.33% and a negative net margin of 3,257.30%.

When did Singular Genomics Systems IPO?

Singular Genomics Systems (OMIC) raised $178 million in an initial public offering on Thursday, May 27th 2021. The company issued 8,500,000 shares at a price of $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 4/25/2024 by MarketBeat.com Staff

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