Veracyte Stock Buy Hold or Sell Recommendation

VCYT Stock  USD 31.51  1.08  3.55%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Veracyte is 'Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Veracyte given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Veracyte, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Veracyte Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Veracyte Stock please use our How to Invest in Veracyte guide.
Note, we conduct extensive research on individual companies such as Veracyte and provide practical buy, sell, or hold advice based on investors' constraints. Veracyte. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Execute Veracyte Buy or Sell Advice

The Veracyte recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Veracyte. Macroaxis does not own or have any residual interests in Veracyte or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Veracyte's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell VeracyteBuy Veracyte
Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Over hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Very SmallDetails

Economic Sensitivity

Responds to the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

StrongDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Veracyte has a Risk Adjusted Performance of (0.11), Jensen Alpha of (0.32), Total Risk Alpha of (0.03) and Treynor Ratio of (0.37)
Our recommendation module can be used to complement Veracyte trade recommendation provided by average analyst sentiment. It analyzes the firm's potential to grow using fundamental, technical, data market data available at the time. To make sure Veracyte is not overpriced, please validate all Veracyte fundamentals, including its book value per share, and the relationship between the net income and beta . Given that Veracyte has a number of shares shorted of 3.13 M, we advise you to double-check Veracyte market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.

Veracyte Trading Alerts and Improvement Suggestions

Veracyte generated a negative expected return over the last 90 days
Veracyte has high historical volatility and very poor performance
Veracyte is unlikely to experience financial distress in the next 2 years
Veracyte has a strong financial position based on the latest SEC filings
Over 99.0% of the company outstanding shares are owned by institutional investors
Latest headline from zacks.com: Is it the Right Time to Hold Alcon Stock in Your Portfolio Now

Veracyte Returns Distribution Density

The distribution of Veracyte's historical returns is an attempt to chart the uncertainty of Veracyte's future price movements. The chart of the probability distribution of Veracyte daily returns describes the distribution of returns around its average expected value. We use Veracyte price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Veracyte returns is essential to provide solid investment advice for Veracyte.
Mean Return
-0.45
Value At Risk
-5.12
Potential Upside
4.18
Standard Deviation
3.46
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Veracyte historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Veracyte Stock Institutional Investors

The Veracyte's institutional investors refer to entities that pool money to purchase Veracyte's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
Shares
Geode Capital Management, Llc2024-12-31
1.8 M
Goldman Sachs Group Inc2024-12-31
1.2 M
Gw&k Investment Management, Llc2024-12-31
1.2 M
Nuveen Asset Management, Llc2024-12-31
1.2 M
Driehaus Capital Management Llc2024-12-31
1.2 M
Northern Trust Corp2024-12-31
1.1 M
Marshall Wace Asset Management Ltd2024-12-31
956.6 K
Bamco Inc2024-12-31
879.8 K
Fisher Asset Management, Llc2024-12-31
845.7 K
Vanguard Group Inc2024-12-31
8.2 M
Blackrock Inc2024-12-31
7.5 M
Note, although Veracyte's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Veracyte Cash Flow Accounts

202020212022202320242025 (projected)
Change To Inventory1.1M(1.5M)(3.0M)(1.7M)(5.9M)(5.6M)
Change In Cash190.0M(176.0M)(19.0M)62.3M23.3M18.6M
Free Cash Flow(12.5M)(37.0M)(1.0M)34.3M63.8M67.0M
Depreciation7.9M19.6M25.9M27.2M23.5M24.6M
Other Non Cash Items2.7M3.9M7.7M66.3M12.8M6.9M
Capital Expenditures2.8M5.4M8.5M10.0M11.3M11.9M
Net Income(34.9M)(75.6M)(36.6M)(74.4M)24.1M25.3M
End Period Cash Flow350.0M173.9M155.0M217.3M240.6M128.5M
Change Receivables(6.2M)955K(8.6M)(4.5M)(4.0M)(4.2M)
Net Borrowings(292K)(25.2M)(100K)(1.3M)(1.2M)(1.1M)
Change To Netincome9.8M15.6M26.4M27.6M31.8M33.3M
Investments(1M)3M(20.8M)(8.8M)(56.3M)(53.5M)

Veracyte Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Veracyte or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Veracyte's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Veracyte stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.32
β
Beta against Dow Jones1.23
σ
Overall volatility
3.55
Ir
Information ratio -0.1

Veracyte Volatility Alert

Veracyte exhibits very low volatility with skewness of -0.87 and kurtosis of 3.68. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Veracyte's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Veracyte's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Veracyte Fundamentals Vs Peers

Comparing Veracyte's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Veracyte's direct or indirect competition across all of the common fundamentals between Veracyte and the related equities. This way, we can detect undervalued stocks with similar characteristics as Veracyte or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Veracyte's fundamental indicators could also be used in its relative valuation, which is a method of valuing Veracyte by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Veracyte to competition
FundamentalsVeracytePeer Average
Return On Equity0.0218-0.31
Return On Asset0.0139-0.14
Profit Margin0.05 %(1.27) %
Operating Margin0.07 %(5.51) %
Current Valuation2.22 B16.62 B
Shares Outstanding77.94 M571.82 M
Shares Owned By Insiders0.84 %10.09 %
Shares Owned By Institutions99.16 %39.21 %
Number Of Shares Shorted3.13 M4.71 M
Price To Earning(10.61) X28.72 X
Price To Book2.09 X9.51 X
Price To Sales5.51 X11.42 X
Revenue445.76 M9.43 B
Gross Profit309.7 M27.38 B
EBITDA49.2 M3.9 B
Net Income24.14 M570.98 M
Cash And Equivalents170.11 M2.7 B
Cash Per Share2.37 X5.01 X
Total Debt50.74 M5.32 B
Debt To Equity0.02 %48.70 %
Current Ratio4.09 X2.16 X
Book Value Per Share15.12 X1.93 K
Cash Flow From Operations75.1 M971.22 M
Short Ratio3.63 X4.00 X
Earnings Per Share0.31 X3.12 X
Target Price44.44
Number Of Employees82418.84 K
Beta1.8-0.15
Market Capitalization2.46 B19.03 B
Total Asset1.3 B29.47 B
Retained Earnings(443.98 M)9.33 B
Working Capital293.63 M1.48 B
Current Asset47.91 M9.34 B
Note: Acquisition by Marc Stapley of 90601 shares of Veracyte subject to Rule 16b-3 [view details]

Veracyte Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Veracyte . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Veracyte Buy or Sell Advice

When is the right time to buy or sell Veracyte? Buying financial instruments such as Veracyte Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

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Additional Tools for Veracyte Stock Analysis

When running Veracyte's price analysis, check to measure Veracyte's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Veracyte is operating at the current time. Most of Veracyte's value examination focuses on studying past and present price action to predict the probability of Veracyte's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veracyte's price. Additionally, you may evaluate how the addition of Veracyte to your portfolios can decrease your overall portfolio volatility.