Veracyte Stock Analysis

VCYT Stock  USD 31.78  0.54  1.73%   
Veracyte is undervalued with Real Value of 34.96 and Target Price of 43.22. The main objective of Veracyte stock analysis is to determine its intrinsic value, which is an estimate of what Veracyte is worth, separate from its market price. There are two main types of Veracyte's stock analysis: fundamental analysis and technical analysis.
The Veracyte stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Veracyte is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Veracyte Stock trading window is adjusted to America/New York timezone.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 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.
For more information on how to buy Veracyte Stock please use our How to Invest in Veracyte guide.

Veracyte Stock Analysis Notes

About 99.0% of the company outstanding shares are owned by institutional investors. The book value of Veracyte was at this time reported as 15.12. The company had not issued any dividends in recent years. The company offers Afirma Genomic Sequencing Classifier and Xpression Atlas, which are used to determine patients with indeterminate results are benign to avoid unnecessary surgery Decipher Prostate Biopsy and Radical Prostatectomy for prostate cancer diagnosis Prosigna Breast Cancer Assay for breast cancer diagnosis Percepta Genomic Sequencing Classifier and Percepta Nasal Swab Test for lung cancer diagnosis Envisia Genomic Classifier for diagnosing interstitial lung disease, including idiopathic pulmonary fibrosis and Immunoscore Colon Cancer test for colon cancer diagnosis. Veracyte, Inc. was incorporated in 2006 and is headquartered in South San Francisco, California. Veracyte operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 761 people. For more information please call Bonnie Anderson at 650 243 6300 or visit https://www.veracyte.com.

Veracyte Quarterly Total Revenue

118.63 Million

Veracyte Investment Alerts

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 kalkinemedia.com: How Is Veracyte Expanding Its Market in Genomic Testing

Veracyte Upcoming and Recent Events

28th of February 2024
Upcoming Quarterly Report
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2nd of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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28th of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Veracyte Largest EPS Surprises

Earnings surprises can significantly impact Veracyte's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2023-05-04
2023-03-31-0.13-0.110.0215 
2023-08-08
2023-06-30-0.15-0.120.0320 
2021-02-17
2020-12-31-0.11-0.14-0.0327 
View All Earnings Estimates

Veracyte Environmental, Social, and Governance (ESG) Scores

Veracyte's ESG score is a quantitative measure that evaluates Veracyte's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Veracyte's operations that may have significant financial implications and affect Veracyte's stock price as well as guide investors towards more socially responsible investments.

Veracyte Thematic Classifications

In addition to having Veracyte stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Healthcare Idea
Healthcare
USA Equities from Healthcare industry as classified by Fama & French

Veracyte Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
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 Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.43 B.

Veracyte Profitablity

The company has Profit Margin (PM) of 0.05 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.07 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.07.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.05  0.06 
Return On Capital Employed 0.01  0.01 
Return On Assets 0.02  0.02 
Return On Equity 0.02  0.02 

Management Efficiency

Veracyte has return on total asset (ROA) of 0.0139 % which means that it generated a profit of $0.0139 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0218 %, meaning that it created $0.0218 on every $100 dollars invested by stockholders. Veracyte's management efficiency ratios could be used to measure how well Veracyte manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.06 in 2025. Return On Capital Employed is likely to gain to 0.01 in 2025. At this time, Veracyte's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 1.4 B in 2025, whereas Non Current Liabilities Other is likely to drop slightly above 923.4 K in 2025.
Last ReportedProjected for Next Year
Book Value Per Share 15.15  15.91 
Tangible Book Value Per Share 4.22  2.55 
Enterprise Value Over EBITDA 58.63  61.56 
Price Book Value Ratio 2.61  2.48 
Enterprise Value Multiple 58.63  61.56 
Price Fair Value 2.61  2.48 
Enterprise Value2.9 BB
The strategic vision of Veracyte management plays a critical role in its financial performance. By evaluating this vision, we provide insights into the stock's growth potential.
Operating Margin
0.0662
Profit Margin
0.0542
Beta
1.801
Return On Assets
0.0139
Return On Equity
0.0218

Technical Drivers

As of the 20th of March, Veracyte has the Coefficient Of Variation of (814.51), variance of 11.83, and Risk Adjusted Performance of (0.10). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Veracyte, as well as the relationship between them.

Veracyte Price Movement Analysis

Execute Study
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Veracyte middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Veracyte. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Veracyte Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Veracyte insiders, such as employees or executives, is commonly permitted as long as it does not rely on Veracyte's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Veracyte insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Veracyte Outstanding Bonds

Veracyte issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Veracyte uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Veracyte bonds can be classified according to their maturity, which is the date when Veracyte has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Veracyte Predictive Daily Indicators

Veracyte intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Veracyte stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Veracyte Corporate Filings

F4
10th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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F4
6th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
3rd of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10K
28th of February 2025
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
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8K
24th of February 2025
Report filed with the SEC to announce major events that shareholders should know about
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12th of February 2025
Other Reports
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F4
5th of February 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10th of January 2025
Other Reports
ViewVerify

Veracyte Forecast Models

Veracyte's time-series forecasting models are one of many Veracyte's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Veracyte's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Veracyte Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Veracyte prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Veracyte shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Veracyte. By using and applying Veracyte Stock analysis, traders can create a robust methodology for identifying Veracyte entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.06  0.06 
Operating Profit Margin 0.04  0.04 
Net Profit Margin 0.05  0.06 
Gross Profit Margin 0.67  0.44 

Current Veracyte Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Veracyte analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Veracyte analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
43.22Strong Buy11Odds
Veracyte current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Veracyte analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Veracyte stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Veracyte, talking to its executives and customers, or listening to Veracyte conference calls.
Veracyte Analyst Advice Details

Veracyte Stock Analysis Indicators

Veracyte stock analysis indicators help investors evaluate how Veracyte stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Veracyte shares will generate the highest return on investment. By understating and applying Veracyte stock analysis, traders can identify Veracyte position entry and exit signals to maximize returns.
Begin Period Cash Flow217.3 M
Common Stock Shares Outstanding79.9 M
Total Stockholder Equity1.2 B
Tax Provision1.6 M
Property Plant And Equipment Net71.1 M
Cash And Short Term Investments289.4 M
Cash239.1 M
Accounts Payable8.6 M
Net Debt-188.3 M
50 Day M A39.4306
Total Current Liabilities78.6 M
Other Operating Expenses429.6 M
Non Current Assets Total927.8 M
Forward Price Earnings25.641
Non Currrent Assets Other8.5 M
Stock Based Compensation36.2 M

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.