NASDAQ:WGS

GeneDx (WGS) Stock Price, News & Analysis

$19.52
-0.14 (-0.71%)
(As of 05/6/2024 ET)
Today's Range
$19.29
$20.64
50-Day Range
$7.75
$20.92
52-Week Range
$1.16
$21.71
Volume
615,775 shs
Average Volume
359,357 shs
Market Capitalization
$509.86 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.00

GeneDx MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
7.8% Downside
$18.00 Price Target
Short Interest
Bearish
6.60% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.47mentions of GeneDx in the last 14 days
Based on 22 Articles This Week
Insider Trading
Acquiring Shares
$349,600 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($2.02) to ($0.99) Per Share

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.

1.18 out of 5 stars

Medical Sector

741st out of 908 stocks

Health Services Industry

8th out of 11 stocks

WGS stock logo

About GeneDx Stock (NASDAQ:WGS)

GeneDx Holdings Corp., through its subsidiaries, provides genomics-related diagnostic and information services. The company offers Centrellis, an AI-driven health intelligence platform that integrates digital tools and artificial intelligence allowing scientists to ingest and synthesize clinical and genomic data to deliver comprehensive health insights. It provides genetic diagnostic tests, screening solutions, and information with a focus on pediatrics, rare diseases for children and adults, and hereditary cancer screening. GeneDx Holdings Corp. was founded in 2017 and is headquartered in Stamford, Connecticut.

WGS Stock Price History

WGS Stock News Headlines

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GeneDx is about to announce its earnings — here's what to expect
GeneDx reports Q1 results
GeneDx Q1 2024 Earnings Preview
GeneDx Holdings Corp. (WGS)
WGS Apr 2024 7.500 call
WGS Apr 2024 7.500 put
GeneDx Holdings Corp. Class A
WGS Mar 2024 7.500 put
See More Headlines
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Company Calendar

Last Earnings
2/20/2024
Today
5/06/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Health services
Sub-Industry
N/A
Current Symbol
NASDAQ:WGS
Fax
N/A
Employees
1,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.00
High Stock Price Target
$24.00
Low Stock Price Target
$11.00
Potential Upside/Downside
-8.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-175,770,000.00
Pretax Margin
-61.25%

Debt

Sales & Book Value

Annual Sales
$202.57 million
Book Value
$8.78 per share

Miscellaneous

Free Float
18,782,000
Market Cap
$513.52 million
Optionable
Optionable
Beta
2.17
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Key Executives

  • Ms. Katherine A. Stueland (Age 48)
    President, CEO & Director
    Comp: $1.19M
  • Mr. Kevin Feeley
    Chief Financial Officer
  • Ms. Karen Ponchner
    Senior VP & Head of Operations
  • Mr. Eric Olivares Ph.D.
    Chief Product & Technology Officer
  • Mr. Devin K. Schaffer J.D.
    M.B.A., General Counsel
  • Mr. Paul Kruszka M.D.
    Chief Medical Officer
  • Ms. Melanie Duquette
    Chief Growth Officer
  • Sabrina Dunbar
    Chief of Staff

WGS Stock Analysis - Frequently Asked Questions

Should I buy or sell GeneDx stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GeneDx in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" WGS shares.
View WGS analyst ratings
or view top-rated stocks.

What is GeneDx's stock price target for 2024?

3 brokers have issued twelve-month target prices for GeneDx's stock. Their WGS share price targets range from $11.00 to $24.00. On average, they anticipate the company's stock price to reach $18.00 in the next year. This suggests that the stock has a possible downside of 7.8%.
View analysts price targets for WGS
or view top-rated stocks among Wall Street analysts.

How have WGS shares performed in 2024?

GeneDx's stock was trading at $2.75 on January 1st, 2024. Since then, WGS stock has increased by 609.8% and is now trading at $19.52.
View the best growth stocks for 2024 here
.

When is GeneDx's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our WGS earnings forecast
.

How were GeneDx's earnings last quarter?

GeneDx Holdings Corp. (NASDAQ:WGS) released its quarterly earnings results on Tuesday, February, 20th. The company reported ($0.59) EPS for the quarter, beating analysts' consensus estimates of ($0.60) by $0.01. The business earned $57.42 million during the quarter, compared to analysts' expectations of $57 million. GeneDx had a negative net margin of 60.86% and a negative trailing twelve-month return on equity of 36.23%.

When did GeneDx's stock split?

GeneDx shares reverse split on the morning of Thursday, May 4th 2023. The 1-33 reverse split was announced on Thursday, May 4th 2023. The number of shares owned by shareholders was adjusted after the market closes on Thursday, May 4th 2023. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

What guidance has GeneDx issued on next quarter's earnings?

GeneDx updated its FY 2024 earnings guidance on Monday, April, 29th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $235.0 million-$245.0 million, compared to the consensus revenue estimate of $226.1 million.

Who are GeneDx's major shareholders?

GeneDx's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Thompson Davis & CO. Inc. (0.09%) and PFG Investments LLC (0.04%). Insiders that own company stock include Anthony Prentice, Casdin Capital, Llc, Daniel Emmett Clark, Eric Schadt, Isaac Ro, James Coffin, Jason Ryan, Kareem Saad, Karen Ann White, Katherine Stueland, Keith A Meister, Kevin Feeley, Richard C Pfenniger Jr, Richard Miao, Shawn Assad and Tactical Opportunit Blackstone.
View institutional ownership trends
.

How do I buy shares of GeneDx?

Shares of WGS 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:WGS) was last updated on 5/6/2024 by MarketBeat.com Staff

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