NASDAQ:VCYT Veracyte (VCYT) Stock Price, News & Analysis → AI “wealth window” is closing soon! (From Paradigm Press) (Ad) Free VCYT Stock Alerts $18.86 -0.06 (-0.32%) (As of 04/17/2024 ET) Add Compare Share Share Today's Range$18.74▼$19.3450-Day Range$18.92▼$26.5252-Week Range$18.73▼$30.52Volume656,366 shsAverage Volume556,502 shsMarket Capitalization$1.42 billionP/E RatioN/ADividend YieldN/APrice Target$29.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Veracyte alerts: Email Address Veracyte MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside53.8% Upside$29.00 Price TargetShort InterestBearish4.85% of Shares Sold ShortDividend StrengthN/ASustainability-1.02Upright™ Environmental ScoreNews Sentiment0.17Based on 11 Articles This WeekInsider TradingSelling Shares$216,500 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.29) to $0.01 Per ShareSee Full Details Hide Full Details 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.3.52 out of 5 starsMedical Sector260th out of 913 stocksMedical Laboratories Industry9th out of 18 stocks 3.3 Analyst's Opinion Consensus RatingVeracyte has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 4 buy ratings, no hold ratings, and 1 sell rating.Amount of Analyst CoverageVeracyte has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.85% of the outstanding shares of Veracyte have been sold short.Short Interest Ratio / Days to CoverVeracyte has a short interest ratio ("days to cover") of 5.7.Change versus previous monthShort interest in Veracyte has recently increased by 32.85%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldVeracyte does not currently pay a dividend.Dividend GrowthVeracyte does not have a long track record of dividend growth. Previous Next 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreVeracyte has received a 67.11% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Diagnostic test kits", "Management consulting for the pharmaceutical industry", and "DNA sequencers" products. See details.Environmental SustainabilityThe Environmental Impact score for Veracyte is -1.02. Previous Next 2.3 News and Social Media Coverage News SentimentVeracyte has a news sentiment score of 0.17. 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 is a lower news sentiment than the 0.39 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Veracyte this week, compared to 3 articles on an average week.Search Interest1 people have searched for VCYT on MarketBeat in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Veracyte insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $216,500.00 in company stock.Percentage Held by InsidersOnly 2.60% of the stock of Veracyte is held by insiders. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Veracyte are expected to grow in the coming year, from ($0.29) to $0.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veracyte is -18.31, 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. SectorThe P/E ratio of Veracyte is -18.31, 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 RatioVeracyte has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. 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The company offers Afirma Genomic Sequencing Classifier for cancerous thyroid nodules; Decipher Prostate Biopsy and Radical Prostatectomy for prostate cancer diagnosis; Prosigna Breast Cancer Assay for breast cancer diagnosis; Percepta Nasal Swab Test for lung cancer diagnosis; and Envisia Genomic Classifier for diagnosing interstitial lung disease, including idiopathic pulmonary fibrosis. It is also developing Envisia Classifier, the nCounter analysis system; and LymphMark for lymphoma subtyping test. 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.Read More VCYT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VCYT Stock News HeadlinesApril 3, 2024 | insidertrades.comVeracyte, Inc. (NASDAQ:VCYT) Director Karin Eastham Sells 10,000 SharesApril 17, 2024 | finance.yahoo.comVeracyte, Inc. (VCYT)April 18, 2024 | DTI (Ad)Don’t expose yourself to stocks during the weekThe S&P 500 just crossed below the 200 day moving average… The Nasdaq is bleeding out… Are we headed for a recession?! If you’ve been in the stock market the last few months, it hasn’t been fun… But what if I told you there was a way to target “BONUS” income just by doing a unique type of trade over the weekend? When the markets are closed. And volatility is minimal.April 16, 2024 | businesswire.comVeracyte Announces that Nine Studies Reinforcing the Value of Decipher Prostate and Decipher Bladder Testing Will Be Presented at AUA 2024April 16, 2024 | americanbankingnews.comVeracyte (NASDAQ:VCYT) Price Target Lowered to $28.00 at The Goldman Sachs GroupApril 16, 2024 | americanbankingnews.comVeracyte (NASDAQ:VCYT) Hits New 1-Year Low on Analyst DowngradeApril 15, 2024 | americanbankingnews.comVeracyte, Inc. (NASDAQ:VCYT) Short Interest Up 32.8% in MarchApril 12, 2024 | americanbankingnews.comVeracyte (NASDAQ:VCYT) Shares Gap Down to $21.43April 18, 2024 | DTI (Ad)Don’t expose yourself to stocks during the weekThe S&P 500 just crossed below the 200 day moving average… The Nasdaq is bleeding out… Are we headed for a recession?! If you’ve been in the stock market the last few months, it hasn’t been fun… But what if I told you there was a way to target “BONUS” income just by doing a unique type of trade over the weekend? When the markets are closed. And volatility is minimal.April 2, 2024 | finance.yahoo.comWhat Makes Veracyte (VCYT) a Lucrative Investment?March 16, 2024 | finance.yahoo.comVCYT Apr 2024 30.000 callFebruary 27, 2024 | businesswire.comVeracyte's Decipher Prostate Test Receives Highest Evidence-Level Rating Among Molecular Tests in Updated Prostate Cancer NCCN GuidelinesFebruary 26, 2024 | investorplace.com7 Under-the-Radar Biotech Stocks Gearing Up for LiftoffFebruary 26, 2024 | markets.businessinsider.comVeracyte’s Strategic Growth and Market Positioning Inspire Positive Analyst OutlookFebruary 24, 2024 | finance.yahoo.comVeracyte Full Year 2023 Earnings: Revenues Beat Expectations, EPS LagsFebruary 23, 2024 | markets.businessinsider.comAnalysts Are Bullish on Top Healthcare Stocks: Veracyte (VCYT), Irhythm Technologies (IRTC)February 23, 2024 | finance.yahoo.comVeracyte, Inc. (NASDAQ:VCYT) Q4 2023 Earnings Call TranscriptFebruary 22, 2024 | benzinga.comRecap: Veracyte Q4 EarningsFebruary 22, 2024 | finance.yahoo.comVeracyte Inc (VCYT) Reports 22% Revenue Growth in 2023, Maintains Positive Cash Flow OutlookFebruary 22, 2024 | seekingalpha.comVeracyte, Inc. 2023 Q4 - Results - Earnings Call PresentationFebruary 22, 2024 | businesswire.comVeracyte Announces Fourth Quarter and Full-Year 2023 Financial ResultsFebruary 21, 2024 | finance.yahoo.comVeracyte to Participate in the Raymond James 45th Annual Institutional Investors ConferenceFebruary 21, 2024 | businesswire.comVeracyte to Participate in the Raymond James 45th Annual Institutional Investors ConferenceFebruary 19, 2024 | finance.yahoo.comVCYT Mar 2024 35.000 putFebruary 17, 2024 | finance.yahoo.comVCYT Mar 2024 20.000 putFebruary 8, 2024 | finance.yahoo.comVeracyte to Release Fourth Quarter and Full-Year 2023 Financial Results on February 22, 2024February 7, 2024 | msn.comVeracyte Finalizes C2i Genomics Acquisition DealSee More Headlines Receive VCYT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Veracyte and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/22/2024Today4/17/2024Next Earnings (Estimated)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Medical laboratories Sub-IndustryN/A Current SymbolNASDAQ:VCYT CUSIPN/A CIK1384101 Webwww.veracyte.com Phone(650) 243-6300Fax650-243-6301Employees815Year Founded2006Price Target and Rating Average Stock Price Target$29.00 High Stock Price Target$34.00 Low Stock Price Target$21.00 Potential Upside/Downside+53.8%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.03) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-74,400,000.00 Net Margins-20.61% Pretax Margin-21.22% Return on Equity-2.02% Return on Assets-1.89% Debt Debt-to-Equity RatioN/A Current Ratio4.66 Quick Ratio4.40 Sales & Book Value Annual Sales$361.05 million Price / Sales3.92 Cash Flow$0.09 per share Price / Cash Flow208.70 Book Value$14.30 per share Price / Book1.32Miscellaneous Outstanding Shares75,070,000Free Float73,116,000Market Cap$1.42 billion OptionableOptionable Beta1.62 Social Links The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Marc A. Stapley (Age 54)CEO & Director Comp: $1.25MMs. Rebecca Chambers (Age 45)Executive VP & CFO Comp: $772.41kMs. Annie McGuire (Age 43)Executive VP, General Counsel & Chief People Officer Comp: $633.65kMr. Jonathan Wygant (Age 53)VP & Chief Accounting Officer Mr. Steven FrenchSenior VP & Chief Information OfficerDr. Phillip G. Febbo M.D. (Age 58)Chief Scientific & Medical Officer Ms. Karen PossematoSenior Vice President of Corporate Marketing, Communications & Commercial OperationsMr. Robert Brainin (Age 53)Executive VP & Chief Business Officer Dr. John Leite Ph.D.Chief Commercial Officer for CLIA BusinessMs. Corinne DananSenior Vice PresidentMore ExecutivesKey CompetitorsViridian TherapeuticsNASDAQ:VRDNGuardant HealthNASDAQ:GHFulgent GeneticsNASDAQ:FLGTCastle BiosciencesNASDAQ:CSTLCareDxNASDAQ:CDNAView All CompetitorsInsiders & InstitutionsArtemis Investment Management LLPSold 6,342 shares on 4/16/2024Ownership: 0.013%Los Angeles Capital Management LLCBought 11,303 shares on 4/5/2024Ownership: 0.028%Karin EasthamSold 10,000 sharesTotal: $216,500.00 ($21.65/share)PNC Financial Services Group Inc.Bought 1,571 shares on 3/22/2024Ownership: 0.010%Vanguard Group Inc.Bought 52,699 shares on 3/11/2024Ownership: 9.751%View All Insider TransactionsView All Institutional Transactions VCYT Stock Analysis - Frequently Asked Questions Should I buy or sell Veracyte stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Veracyte in the last twelve months. There are currently 1 sell rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VCYT shares. View VCYT analyst ratings or view top-rated stocks. What is Veracyte's stock price target for 2024? 5 Wall Street research analysts have issued 12-month price objectives for Veracyte's stock. Their VCYT share price targets range from $21.00 to $34.00. On average, they predict the company's share price to reach $29.00 in the next twelve months. This suggests a possible upside of 53.8% from the stock's current price. View analysts price targets for VCYT or view top-rated stocks among Wall Street analysts. How have VCYT shares performed in 2024? Veracyte's stock was trading at $27.51 at the beginning of 2024. Since then, VCYT stock has decreased by 31.4% and is now trading at $18.86. View the best growth stocks for 2024 here. Are investors shorting Veracyte? Veracyte saw a increase in short interest in March. As of March 31st, there was short interest totaling 3,640,000 shares, an increase of 32.8% from the March 15th total of 2,740,000 shares. Based on an average daily volume of 633,600 shares, the short-interest ratio is currently 5.7 days. View Veracyte's Short Interest. When is Veracyte's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our VCYT earnings forecast. How were Veracyte's earnings last quarter? Veracyte, Inc. (NASDAQ:VCYT) released its quarterly earnings results on Thursday, February, 22nd. The biotechnology company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.03. The biotechnology company had revenue of $98.20 million for the quarter, compared to analysts' expectations of $95.49 million. Veracyte had a negative trailing twelve-month return on equity of 2.02% and a negative net margin of 20.61%. What ETFs hold Veracyte's stock? ETFs with the largest weight of Veracyte (NASDAQ:VCYT) stock in their portfolio include Global X Genomics & Biotechnology ETF (GNOM), Global X Telemedicine & Digital Health ETF (EDOC), ARK Genomic Revolution ETF (ARKG), Invesco Biotechnology & Genome ETF (PBE), ROBO Global Healthcare Technology and Innovation ETF (HTEC), ARK Innovation ETF (ARKK), WisdomTree BioRevolution Fund (WDNA) and ARK Next Generation Internation ETF (ARKW). What guidance has Veracyte issued on next quarter's earnings? Veracyte updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $394.0 million-$402.0 million, compared to the consensus revenue estimate of $393.3 million. 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), Xtrackers California Municipal Bond ETF (CA), CRISPR Therapeutics (CRSP), Advanced Micro Devices (AMD), Editas Medicine (EDIT), NVIDIA (NVDA), Exelixis (EXEL) and NeoGenomics (NEO). Who are Veracyte's major shareholders? Veracyte's stock is owned by many different retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.03%) and Artemis Investment Management LLP (0.01%). Insiders that own company stock include Bonnie H Anderson, Evan/ Fa Jones, Giulia C Kennedy, Giulia C Kennedy, Jens Holstein, John L Bishop, Karin Eastham, Marc Stapley and Muna Bhanji. View institutional ownership trends. How do I buy shares of Veracyte? Shares of VCYT 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. Does Veracyte have any subsidiaries? The following companies are subsidiares of Veracyte: Allegro Diagnostics, Decipher Biosciences Inc., Decipher Corp., Delight Merger Sub II LLC, HalioDx Inc., Veracyte Global B.V., Veracyte International Corp., and Veracyte SAS.Read More This page (NASDAQ:VCYT) was last updated on 4/18/2024 by MarketBeat.com Staff From Our Partners[Urgent!] Generational Wealth GameplanCrypto 101 MediaTop 5 AI Stocks to Buy for 2024Market Moving TrendsTop 5 Tech Stocks to Buy for 2024Daily Market AlertsUrgent alert: open this for a huge profit potentialTimothy SykesBiden out June 13; Kamala won’t replace him?Paradigm PressForget Nvidia, buy this A.I. 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