Veracyte Stock Today

VCYT Stock  USD 42.84  1.74  4.23%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 34

 
High
 
Low
Below Average
Veracyte is selling for under 42.84 as of the 27th of November 2024; that is 4.23 percent increase since the beginning of the trading day. The stock's last reported lowest price was 40.57. Veracyte has about a 34 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Veracyte are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
30th of October 2013
Category
Healthcare
Classification
Health Care
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. The company has 77.5 M outstanding shares of which 3.1 M shares are at this time shorted by private and institutional investors with about 4.66 trading days to cover. More on Veracyte

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Veracyte Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOBonnie Anderson
Thematic IdeaHealthcare (View all Themes)
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Biotechnology, NASDAQ Composite, Healthcare, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.520.3238
Way Up
Very volatile
Total Current Liabilities64.3 M61.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total17.6 M9.6 M
Way Up
Slightly volatile
Total Assets1.2 B1.1 B
Sufficiently Up
Slightly volatile
Total Current Assets148.7 M285.6 M
Way Down
Slightly volatile
Debt Levels
Veracyte can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Veracyte's financial leverage. It provides some insight into what part of Veracyte's total assets is financed by creditors.
Liquidity
Veracyte currently holds 12.63 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Veracyte has a current ratio of 4.01, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Veracyte's use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

69.61 Million
Veracyte (VCYT) is traded on NASDAQ Exchange in USA. It is located in 6000 Shoreline Court, South San Francisco, CA, United States, 94080 and employs 815 people. Veracyte is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.32 B. Veracyte conducts business under Biotechnology sector and is part of Health Care industry. The entity has 77.5 M outstanding shares of which 3.1 M shares are at this time shorted by private and institutional investors with about 4.66 trading days to cover. Veracyte currently holds about 170.11 M in cash with 44.22 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.37.
Check Veracyte Probability Of Bankruptcy
Ownership Allocation
The majority of Veracyte outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Veracyte to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Veracyte. Please pay attention to any change in the institutional holdings of Veracyte as this could imply that something significant has changed or is about to change at the company.
Check Veracyte Ownership Details

Veracyte Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-09-30
1.8 M
Bank Of America Corp2024-06-30
1.8 M
Gw&k Investment Management, Llc2024-09-30
1.4 M
Bamco Inc2024-09-30
1.1 M
Goldman Sachs Group Inc2024-06-30
1.1 M
Morgan Stanley - Brokerage Accounts2024-06-30
950.8 K
Northern Trust Corp2024-09-30
948.4 K
Fisher Asset Management, Llc2024-09-30
877.8 K
William Blair Investment Management, Llc2024-09-30
811.8 K
Blackrock Inc2024-06-30
7.8 M
Vanguard Group Inc2024-09-30
7.7 M
View Veracyte Diagnostics

Veracyte Historical Income Statement

At this time, Veracyte's Total Operating Expenses is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 9.6 M in 2024, despite the fact that EBIT is likely to grow to (72.8 M). View More Fundamentals

Veracyte Stock Against Markets

Veracyte Corporate Management

Robert BraininExecutive OfficerProfile
John LeiteChief BusinessProfile
Annie McGuireSr CounselProfile
Tracy MorrisVP CommunicationsProfile

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.