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VCYT

VCYT - Veracyte Inc Stock Price, Fair Value and News

21.35USD+0.72 (+3.49%)Market Closed

Market Summary

VCYT
USD21.35+0.72
Market Closed
3.49%

VCYT Alerts

  • 1 major insider sales recently.
  • Big jump in Earnings (Y/Y)
  • Losses in recent quarter

VCYT Stock Price

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VCYT RSI Chart

VCYT Valuation

Market Cap

1.6B

Price/Earnings (Trailing)

-23.13

Price/Sales (Trailing)

4.2

EV/EBITDA

-30.84

Price/Free Cashflow

59.91

VCYT Price/Sales (Trailing)

VCYT Profitability

Operating Margin

90.39%

EBT Margin

-18.76%

Return on Equity

-6.09%

Return on Assets

-5.68%

Free Cashflow Yield

1.67%

VCYT Fundamentals

VCYT Revenue

Revenue (TTM)

375.5M

Rev. Growth (Yr)

17.5%

Rev. Growth (Qtr)

-1.38%

VCYT Earnings

Earnings (TTM)

-68.2M

Earnings Growth (Yr)

76.96%

Earnings Growth (Qtr)

93.41%

Breaking Down VCYT Revenue

52 Week Range

20.6730.52
(Low)(High)

Last 7 days

2.2%

Last 30 days

-3.7%

Last 90 days

-19.3%

Trailing 12 Months

-12.8%

How does VCYT drawdown profile look like?

VCYT Financial Health

Current Ratio

5

VCYT Investor Care

Shares Dilution (1Y)

5.57%

Diluted EPS (TTM)

-0.93

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024375.5M000
2023311.2M328.6M343.1M361.1M
2022250.6M268.4M283.6M296.5M
2021123.1M157.5M186.7M219.5M
2020122.0M112.5M112.7M117.5M
2019101.5M108.9M116.4M120.4M
201875.6M79.9M85.9M92.0M
201768.0M71.7M70.6M72.0M
201651.8M54.6M60.9M65.1M
201541.9M45.2M47.7M49.5M
201425.0M28.6M32.8M38.2M
201314.5M17.1M19.5M21.9M
20124.9M7.1M9.4M11.6M
20110002.6M
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Tracking the Latest Insider Buys and Sells of Veracyte Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 01, 2024
eastham karin
acquired
131,900
13.19
10,000
-
Apr 01, 2024
eastham karin
sold
-216,528
21.6528
-10,000
-
Mar 15, 2024
stapley marc
sold (taxes)
-125,988
21.1
-5,971
chief executive officer
Mar 15, 2024
chambers rebecca
acquired
-
-
4,318
chief financial officer
Mar 15, 2024
stapley marc
acquired
-
-
11,780
chief executive officer
Mar 15, 2024
chambers rebecca
sold (taxes)
-46,187
21.1
-2,189
chief financial officer
Mar 06, 2024
wygant jonathan
acquired
-
-
23,942
vp, chief accounting officer
Mar 06, 2024
mcguire annie
acquired
-
-
49,880
svp, general counsel
Mar 06, 2024
febbo phillip g.
acquired
-
-
39,904
chief scientific & med officer
Mar 06, 2024
leite john
acquired
-
-
49,880
chief commercial officer-clia

1–10 of 50

Which funds bought or sold VCYT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 08, 2024
US BANCORP \DE\
added
13.61
-6,888
74,348
-%
May 08, 2024
GREAT LAKES ADVISORS, LLC
new
-
3,101,890
3,101,890
0.03%
May 08, 2024
Bell Investment Advisors, Inc
unchanged
-
-235
976
-%
May 08, 2024
KBC Group NV
unchanged
-
-11,000
43,000
-%
May 08, 2024
GW&K Investment Management, LLC
reduced
-1.39
-8,007,000
30,926,000
0.27%
May 08, 2024
Russell Investments Group, Ltd.
reduced
-70.43
-1,777,380
555,683
-%
May 08, 2024
PROFUND ADVISORS LLC
added
79.41
329,872
1,070,770
0.04%
May 08, 2024
ProShare Advisors LLC
added
9.72
-53,425
406,459
-%
May 08, 2024
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC
added
0.89
-3,786,980
16,435,000
0.04%
May 08, 2024
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM
added
10.97
-57,399
514,149
-%

1–10 of 48

Are Funds Buying or Selling VCYT?

Are funds buying VCYT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own VCYT
No. of Funds

Unveiling Veracyte Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
9.75%
7,118,211
SC 13G/A
Feb 12, 2024
artisan partners limited partnership
4.4%
3,217,728
SC 13G/A
Feb 08, 2024
wellington management group llp
9.68%
7,068,435
SC 13G/A
Jan 29, 2024
ark investment management llc
10.48%
7,655,603
SC 13G/A
Jan 24, 2024
blackrock inc.
9.8%
7,161,866
SC 13G/A
Jan 22, 2024
state street corp
4.26%
3,108,639
SC 13G/A
Jun 09, 2023
wellington management group llp
10.01%
7,248,889
SC 13G/A
Feb 10, 2023
artisan partners limited partnership
5.2%
3,761,031
SC 13G/A
Feb 10, 2023
ark investment management llc
11.57%
8
SC 13G/A
Feb 10, 2023
invesco ltd.
0.4%
313,974
SC 13G/A

Recent SEC filings of Veracyte Inc

View All Filings
Date Filed Form Type Document
May 08, 2024
10-Q
Quarterly Report
May 07, 2024
8-K
Current Report
Apr 25, 2024
ARS
ARS
Apr 25, 2024
DEF 14A
DEF 14A
Apr 25, 2024
DEFA14A
DEFA14A
Apr 17, 2024
8-K/A
Current Report
Apr 02, 2024
4
Insider Trading
Apr 01, 2024
144
Notice of Insider Sale Intent
Mar 22, 2024
424B7
Prospectus Filed
Mar 22, 2024
8-K
Current Report

Peers (Alternatives to Veracyte Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
47.0B
6.8B
9.93% -6.23%
-7.88
6.87
-64.45% -224.75%
22.5B
216.3K
-0.77% 465779.94%
-2.5K
104.0K
- -8.13%
19.2B
2.0B
-2.86% -28.22%
-57.69
9.56
75.20% 68.82%
15.5B
2.5B
-8.14% -14.08%
75.54
6.28
13.74% 186.89%
12.0B
3.8B
-3.24% -16.29%
16.12
3.19
8.58% 129.81%
MID-CAP
5.4B
107.9M
1.09% 107.81%
-9.83
48.09
54.84% -28.31%
5.2B
524.1M
-22.77% -53.41%
-12.37
9.85
394.93% 39.61%
3.5B
251.0M
1.40% -8.18%
-11.81
13.94
73.58% -86.73%
3.1B
240.7M
-5.68% -38.85%
-6.52
12.77
-1.03% -213.43%
2.5B
813.8M
-16.31% -29.84%
-1.5K
3.09
56.43% 98.83%
SMALL-CAP
1.9B
411.3M
-0.76% -10.51%
28.42
4.5
60.38% -34.49%
627.6M
996.6M
1.36% -50.17%
-1.57
0.63
-26.66% 65.49%
467.5M
881.7K
16.76% 369.92%
-13.85
481.06
-77.61% 33.36%
260.8M
4.9M
-4.04% 14.81%
-1.93
53.59
-54.97% 51.71%
6.4M
2.1M
-14.75% 74.53%
-0.24
2.14
-13.45% 66.37%

Veracyte Inc News

Latest updates
Defense World • 24 hours ago
Seeking Alpha • 07 May 2024 • 09:15 pm
Defense World • 05 May 2024 • 08:13 am
Yahoo Finance • 02 Apr 2024 • 07:00 am

Veracyte Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-1.4%96,844,00098,199,00090,108,00090,322,00082,422,00080,297,00075,592,00072,864,00067,783,00067,336,00060,370,00055,105,00036,703,00034,536,00031,121,00020,704,00031,122,00029,730,00030,973,00030,136,00029,529,000
Cost Of Revenue------------------9,673,0009,114,0008,777,0008,513,000
Costs and Expenses-24.1%101,500,000133,706,000121,847,00098,373,00092,920,00085,717,00085,272,00083,597,00083,031,00079,669,00077,051,00062,579,00082,118,00042,608,00035,187,00031,755,00043,322,00037,927,00032,736,00033,236,00031,596,000
  S&GA Expenses-5.9%23,782,00025,260,00024,344,00025,756,00026,130,00024,127,00025,678,00024,001,00023,754,00022,212,00021,670,00019,662,00016,296,00013,149,00010,955,00010,701,00017,584,00014,183,00013,088,00013,943,00012,477,000
  R&D Expenses-14.5%15,965,00018,673,00013,322,00012,541,00012,769,00011,287,00010,773,0009,377,0009,166,00010,252,0008,006,0006,249,0005,336,0004,586,0004,042,0004,169,0004,407,0004,443,0003,643,0003,330,0003,435,000
EBITDA Margin13.8%-0.12-0.14-0.06-0.01-0.01-0.04-0.07-0.09-0.11-0.28-0.34-0.36---------
Interest Expenses------9,000-----27,00063,000--76,00055,00065,00055,000-264,00058,000235,000303,000
Income Taxes97.9%-44,000-2,143,500-200,000100,000-395,500-152,000-100,000-3,000-760,000-1,400,000-152,000-3,800,000--------
Earnings Before Taxes93.7%-1,908,000-30,472,000-29,772,000-8,277,000-8,091,000-3,441,000-8,875,000-9,647,000-14,464,000-11,317,000-15,479,000-9,190,000-45,663,000-8,044,000-4,124,000-11,025,000-11,716,000----
EBT Margin11.6%-0.19-0.21-0.14-0.09-0.10-0.12-0.16-0.19-0.20-0.37-0.42-0.43---------
Net Income93.4%-1,864,000-28,293,000-29,618,000-8,402,000-8,091,000-3,844,000-8,723,000-9,532,000-14,461,000-10,528,000-14,129,000-9,038,000-41,868,000-8,044,000-4,124,000-11,025,000-11,716,000-7,458,000-730,000-2,494,000-1,917,000
Net Income Margin11.9%-0.18-0.21-0.15-0.09-0.10-0.12-0.15-0.18-0.19-0.34-0.39-0.40---------
Free Cashflow-185.0%-11,100,00013,055,00011,369,00013,002,000-3,165,0007,872,0005,312,000-2,873,000-11,325,0007,605,000-3,205,000360,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets7.6%1,2001,1151,1251,1611,1571,1561,1261,1441,1741,1881,1861,0271,025457454257267275260252124
  Current Assets1.7%29028627125925224923923523824322937136237637017318118822822091.00
    Cash Equivalents-2.9%21021620219117815417115416417316532832535034614815416019619368.00
  Inventory13.6%18.0016.0016.0012.0013.0014.0014.0015.0012.0011.0010.007.006.005.004.007.006.007.007.005.004.00
  Net PPE------------12.0011.009.009.009.009.009.008.008.008.00
  Goodwill7.2%7547036936997006966776907047087144724753.003.003.003.003.001.001.001.00
Liabilities15.0%81.0071.0071.0078.0076.0081.0078.0080.0088.0091.0079.0056.0051.0036.0031.0031.0037.0036.0029.0028.0040.00
  Current Liabilities-5.2%58.0061.0057.0058.0056.0063.0058.0059.0063.0064.0050.0036.0033.0017.0014.0013.0019.0017.0017.0015.0014.00
  Long Term Debt-----------1.001.001.001.001.001.001.001.001.001.0013.00
    LT Debt, Current-------1.001.001.001.00-----------
    LT Debt, Non Current-----------1.001.001.001.001.001.001.001.001.001.0013.00
Shareholder's Equity7.1%1,1191,0441,0541,0831,0811,0751,0481,0641,0851,0971,10797197442142322623023923122484.00
  Retained Earnings-0.4%-469-468-439-410-401-393-389-381-371-357-346-332-323-281-273-269-258-246-239-238-236
  Additional Paid-In Capital5.3%1,6171,5361,5281,5211,5101,5001,4921,4831,4771,4691,4621,3041,298703696496489486470463320
Shares Outstanding4.3%76.0073.0073.0073.0072.0072.0072.0071.0071.0068.0070.0065.00---------
Float----1,700---1,400---2,700---1,300---1,300-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-157.7%-8,96615,55214,17116,671-2,1729,7447,026-363-8,8728,446-1,3931,887-40,5612,2611,752-8,423-5,3011,790-1,556-2,455-1,011
  Share Based Compensation6.7%8,0197,5127,26310,3817,9856,8677,2835,9396,6456,7327,8684,0643,8553,6413,0893,3602,9052,8422,6402,5661,759
Cashflow From Investing215.3%2,878-2,497-2,802-3,66924,080-26,4348,807-9,307-2,453385-165,4571,473-575,607-888-1,635-649-665-41,100-226-658-749
Cashflow From Financing-234.0%-8646451103971,68593.001,486-75.001,9901733,2151,920591,0122,911197,5133,390-2192,9654,797127,919-8,394
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VCYT Income Statement

2024-03-31
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:  
Total revenue$ 96,844,000$ 82,422,000
Operating expenses:  
Research and development15,965,00012,769,000
Selling and marketing23,782,00026,130,000
General and administrative26,210,00021,053,000
Impairment of long-lived assets429,0001,410,000
Intangible asset amortization3,653,0005,329,000
Total operating expenses101,500,00092,920,000
Loss from operations(4,656,000)(10,498,000)
Other income, net2,748,0002,407,000
Loss before income taxes(1,908,000)(8,091,000)
Income tax benefit(44,000)0
Net loss$ (1,864,000)$ (8,091,000)
Net loss per common share, basic (in USD per share)$ (0.02)$ (0.11)
Net loss per common share, diluted (in USD per share)$ (0.02)$ (0.11)
Shares used to compute net loss per common share, basic (in shares)74,759,78972,175,457
Shares used to compute net loss per common share, diluted (in shares)74,759,78972,175,457
Testing revenue  
Revenue:  
Total revenue$ 90,303,000$ 72,396,000
Operating expenses:  
Cost of revenue25,979,00019,648,000
Product revenue  
Revenue:  
Total revenue3,537,0003,892,000
Operating expenses:  
Cost of revenue2,644,0002,162,000
Biopharmaceutical and other revenue  
Revenue:  
Total revenue3,004,0006,134,000
Operating expenses:  
Cost of revenue$ 2,838,000$ 4,419,000

VCYT Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 209,188$ 216,454
Accounts receivable46,66540,378
Supplies and inventory18,32816,128
Prepaid expenses and other current assets16,23712,661
Total current assets290,418285,621
Property, plant and equipment, net21,56620,584
Right-of-use assets, operating leases11,16710,277
Intangible assets, net116,34888,593
Goodwill753,853702,984
Restricted cash1,082876
Other assets5,6395,971
Total assets1,200,0731,114,906
Current liabilities:  
Accounts payable12,15212,943
Accrued liabilities30,29338,427
Current portion of deferred revenue2,6022,008
Current portion of acquisition-related contingent consideration6,9342,657
Current portion of operating lease liabilities5,9825,105
Current portion of other liabilities89101
Total current liabilities58,05261,241
Deferred tax liabilities1,340734
Acquisition-related contingent consideration, net of current portion13,446518
Operating lease liabilities, net of current portion8,0587,525
Other liabilities528786
Total liabilities81,42470,804
Commitments and contingencies
Stockholders’ equity:  
Preferred stock, $0.001 par value; 5,000,000 shares authorized, no shares issued and outstanding as of March 31, 2024 and December 31, 202300
Common stock, $0.001 par value; 125,000,000 shares authorized, 76,425,272 and 73,264,738 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively7673
Additional paid-in capital1,617,4651,536,168
Accumulated deficit(469,985)(468,121)
Accumulated other comprehensive loss(28,907)(24,018)
Total stockholders’ equity1,118,6491,044,102
Total liabilities and stockholders’ equity$ 1,200,073$ 1,114,906
VCYT
Veracyte, Inc. operates as a diagnostics company worldwide. The company offers Afirma Genomic Sequencing Classifier; Decipher Prostate Biopsy and Radical Prostatectomy for prostate cancer diagnosis; Prosigna Breast Cancer Assay for breast cancer diagnosis; 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. It is also developing Percepta Genomic Atlas to help inform lung cancer treatment decisions; Envisia Classifier, the nCounter analysis system; and LymphMark for lymphoma subtyping test. Veracyte, Inc. has technology licensing and collaboration arrangements with Johnson & Johnson; Acerta Pharma; and CareDx. The company was formerly known as Calderome, Inc. and changed its name to Veracyte, Inc. in March 2008. Veracyte, Inc. was incorporated in 2006 and is headquartered in South San Francisco, California.
 CEO
 WEBSITEveracyte.com
 INDUSTRYBiotechnology
 EMPLOYEES787

Veracyte Inc Frequently Asked Questions


What is the ticker symbol for Veracyte Inc? What does VCYT stand for in stocks?

VCYT is the stock ticker symbol of Veracyte Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Veracyte Inc (VCYT)?

As of Thu May 09 2024, market cap of Veracyte Inc is 1.58 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VCYT stock?

You can check VCYT's fair value in chart for subscribers.

What is the fair value of VCYT stock?

You can check VCYT's fair value in chart for subscribers. The fair value of Veracyte Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Veracyte Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for VCYT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Veracyte Inc a good stock to buy?

The fair value guage provides a quick view whether VCYT is over valued or under valued. Whether Veracyte Inc is cheap or expensive depends on the assumptions which impact Veracyte Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for VCYT.

What is Veracyte Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 09 2024, VCYT's PE ratio (Price to Earnings) is -23.13 and Price to Sales (PS) ratio is 4.2. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. VCYT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Veracyte Inc's stock?

In the past 10 years, Veracyte Inc has provided 0.05 (multiply by 100 for percentage) rate of return.