Veracyte (VCYT) Competitors

$20.35
+0.16 (+0.79%)
(As of 05/3/2024 ET)

VCYT vs. VRDN, GH, FLGT, CSTL, CELC, CDNA, BNR, PSNL, RDNT, and FTRE

Should you be buying Veracyte stock or one of its competitors? The main competitors of Veracyte include Viridian Therapeutics (VRDN), Guardant Health (GH), Fulgent Genetics (FLGT), Castle Biosciences (CSTL), Celcuity (CELC), CareDx (CDNA), Burning Rock Biotech (BNR), Personalis (PSNL), RadNet (RDNT), and Fortrea (FTRE). These companies are all part of the "medical laboratories" industry.

Veracyte vs.

Veracyte (NASDAQ:VCYT) and Viridian Therapeutics (NASDAQ:VRDN) are both small-cap medical companies, but which is the superior stock? We will contrast the two businesses based on the strength of their media sentiment, community ranking, risk, analyst recommendations, dividends, profitability, valuation, institutional ownership and earnings.

Veracyte has higher revenue and earnings than Viridian Therapeutics. Veracyte is trading at a lower price-to-earnings ratio than Viridian Therapeutics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Veracyte$361.05M4.31-$74.40M-$1.03-19.76
Viridian Therapeutics$310K3,170.41-$237.73M-$5.32-2.89

Veracyte has a beta of 1.65, meaning that its share price is 65% more volatile than the S&P 500. Comparatively, Viridian Therapeutics has a beta of 1.14, meaning that its share price is 14% more volatile than the S&P 500.

In the previous week, Viridian Therapeutics had 1 more articles in the media than Veracyte. MarketBeat recorded 4 mentions for Viridian Therapeutics and 3 mentions for Veracyte. Veracyte's average media sentiment score of 1.20 beat Viridian Therapeutics' score of 0.00 indicating that Veracyte is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Veracyte
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Viridian Therapeutics
0 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Veracyte presently has a consensus target price of $29.00, indicating a potential upside of 42.51%. Viridian Therapeutics has a consensus target price of $36.60, indicating a potential upside of 137.66%. Given Viridian Therapeutics' stronger consensus rating and higher probable upside, analysts clearly believe Viridian Therapeutics is more favorable than Veracyte.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Veracyte
1 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.60
Viridian Therapeutics
0 Sell rating(s)
0 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
3.00

Veracyte has a net margin of -20.61% compared to Viridian Therapeutics' net margin of -75,711.48%. Veracyte's return on equity of -2.02% beat Viridian Therapeutics' return on equity.

Company Net Margins Return on Equity Return on Assets
Veracyte-20.61% -2.02% -1.89%
Viridian Therapeutics -75,711.48%-121.80%-61.06%

Veracyte received 384 more outperform votes than Viridian Therapeutics when rated by MarketBeat users. However, 73.02% of users gave Viridian Therapeutics an outperform vote while only 72.88% of users gave Veracyte an outperform vote.

CompanyUnderperformOutperform
VeracyteOutperform Votes
430
72.88%
Underperform Votes
160
27.12%
Viridian TherapeuticsOutperform Votes
46
73.02%
Underperform Votes
17
26.98%

Summary

Veracyte beats Viridian Therapeutics on 9 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding VCYT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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VCYT vs. The Competition

MetricVeracyteMedical laboratories IndustryMedical SectorNASDAQ Exchange
Market Cap$1.56B$2.16B$5.01B$7.72B
Dividend YieldN/A1.92%2.89%3.95%
P/E Ratio-19.763.81165.6615.05
Price / Sales4.31146.702,456.5688.37
Price / Cash219.26437.4549.7336.12
Price / Book1.423.534.884.36
Net Income-$74.40M-$136.53M$103.85M$214.85M
7 Day Performance5.39%4.14%3.93%2.26%
1 Month Performance1.14%-3.13%-3.04%-2.35%
1 Year Performance-12.59%-10.95%4.24%9.00%

Veracyte Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VRDN
Viridian Therapeutics
0.5424 of 5 stars
$14.25
-0.3%
$36.60
+156.8%
-43.9%$894.47M$310,000.00-2.6894Upcoming Earnings
Gap Up
GH
Guardant Health
4.493 of 5 stars
$17.34
-1.4%
$40.40
+133.0%
-17.6%$2.11B$563.95M-4.051,779Upcoming Earnings
Gap Up
FLGT
Fulgent Genetics
4.3068 of 5 stars
$20.64
+0.4%
$30.00
+45.3%
-24.6%$617.14M$289.21M-3.661,184News Coverage
CSTL
Castle Biosciences
1.7761 of 5 stars
$20.06
+2.3%
$31.00
+54.5%
+10.5%$550.65M$219.79M-9.29610Analyst Report
News Coverage
CELC
Celcuity
2.0904 of 5 stars
$17.24
-1.7%
$29.00
+68.2%
+81.2%$524.96MN/A-6.4155Positive News
CDNA
CareDx
3.9804 of 5 stars
$8.23
+0.7%
$13.50
+64.0%
+12.9%$426.15M$280.32M-2.32635Upcoming Earnings
Analyst Upgrade
News Coverage
Gap Up
BNR
Burning Rock Biotech
0 of 5 stars
$0.86
flat
N/A-72.3%$88.17M$75.70M-0.971,138Stock Split
Gap Up
PSNL
Personalis
4.3468 of 5 stars
$1.38
+9.5%
$5.50
+298.6%
-33.0%$69.69M$73.48M-0.61223Upcoming Earnings
Analyst Report
News Coverage
RDNT
RadNet
3.2199 of 5 stars
$48.83
+2.5%
$53.67
+9.9%
+84.2%$3.26B$1.62B-2,440.2810,288Upcoming Earnings
FTRE
Fortrea
0.3622 of 5 stars
$36.94
+4.0%
$37.29
+0.9%
N/A$3.30B$3.11B0.0018,000Upcoming Earnings
News Coverage
Positive News

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This page (NASDAQ:VCYT) was last updated on 5/5/2024 by MarketBeat.com Staff

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