Is Veracyte Inc (NASDAQ: VCYT) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

VCYT belongs to the Healthcare sector of the NASDAQ while operating in the Diagnostics & Research industry. The current market capitalization of Veracyte Inc is $3.22B. A total of 0.93 million shares were traded on the day, compared to an average of 750.50K shares.

In the most recent transaction, EASTHAM KARIN sold 10,000 shares of VCYT for 40.30 per share on Jan 02 ’25. After the transaction, the Director now owns 18,497 company shares. In a previous transaction on Jan 02 ’25, KARIN EASTHAM bought 10,000 shares at 39.60 per share.

Among the insiders who sold shares, Stapley Marc disposed of 5,590 shares on Dec 13 ’24 at a per-share price of $43.42. This resulted in the Chief Executive Officer holding 307,345 shares of VCYT after the transaction. In another insider transaction, MARC STAPLEY bought 5,590 shares at $44.40 per share on Dec 13 ’24.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, VCYT has a high of $46.00 and a low of $18.61.

As of this writing, VCYT has an earnings estimate of $0.26 per share for the current quarter. EPS was calculated based on a consensus of 10.0 estimates, with a high estimate of $0.3 per share and a lower estimate of $0.12.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. VCYT’s latest balance sheet shows that the firm has $177.16M in Cash & Short Term Investments as of fiscal 2021. There were $18.85M in debt and $64.15M in liabilities at the time. Its Book Value Per Share was $15.18, while its Total Shareholder’s Equity was $1.10B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VCYT is Buy with a score of 4.18.

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