Fulgent Genetics Inc Faces GAAP Loss Despite Core Revenue Growth in 2023
FLGT Stock | USD 18.30 0.23 1.27% |
Slightly above 51% of Fulgent Genetics' investor base is interested to short. The analysis of overall sentiment of trading Fulgent Genetics stock suggests that many investors are impartial at this time. Fulgent Genetics' investing sentiment can be driven by a variety of factors including economic data, Fulgent Genetics' earnings reports, geopolitical events, and overall market trends.
Fulgent |
Total Revenue 289.2 million for the full year 70.5 million for Q4 2023.Core Revenue Growth Up 44 percent year-over-year to 262.1 million for the full year 21
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Fulgent Genetics Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Fulgent Genetics can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Fulgent Genetics Fundamental Analysis
We analyze Fulgent Genetics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fulgent Genetics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fulgent Genetics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Owned By Insiders
Shares Owned By Insiders Comparative Analysis
Fulgent Genetics is currently under evaluation in shares owned by insiders category among its peers. Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Fulgent Genetics Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Fulgent Genetics stock to make a market-neutral strategy. Peer analysis of Fulgent Genetics could also be used in its relative valuation, which is a method of valuing Fulgent Genetics by comparing valuation metrics with similar companies.
Peers
Fulgent Genetics Related Equities
TTOO | T2 Biosystms | 14.00 | ||||
TWST | Twist Bioscience | 1.78 | ||||
TMO | Thermo Fisher | 1.53 | ||||
GH | Guardant Health | 1.45 | ||||
MTD | Mettler Toledo | 0.63 | ||||
EXAS | EXACT Sciences | 0.63 | ||||
DHR | Danaher | 0.36 | ||||
A | Agilent Technologies | 0.12 | ||||
ILMN | Illumina | 0.15 | ||||
CRL | Charles River | 0.27 | ||||
NTRA | Natera | 0.40 | ||||
WAT | Waters | 0.48 | ||||
CDNA | Caredx | 1.49 |
Additional Tools for Fulgent Stock Analysis
When running Fulgent Genetics' price analysis, check to measure Fulgent Genetics' 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 Fulgent Genetics is operating at the current time. Most of Fulgent Genetics' value examination focuses on studying past and present price action to predict the probability of Fulgent Genetics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fulgent Genetics' price. Additionally, you may evaluate how the addition of Fulgent Genetics to your portfolios can decrease your overall portfolio volatility.