Fulgent Genetics Stock Target Price and Analyst Consensus

FLGT Stock  USD 18.33  0.46  2.57%   
The current analyst and expert consensus on Fulgent Genetics is Buy, with no strong buy opinions. The current projected Fulgent Genetics target price consensus is 36.50 with 3 analyst opinions. Check out Macroaxis Advice on Fulgent Genetics to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Fulgent Stock please use our How to Invest in Fulgent Genetics guide.
The most common way Fulgent Genetics analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Fulgent Genetics executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Fulgent Genetics. We encourage you to use your own analysis of Fulgent Genetics to validate this buy or sell advice. Fulgent Genetics buy-or-sell recommendation module provides average expert sentiment on the projected Fulgent Genetics target price to derive its highest and lowest estimates based on projected price volatility of 2.6774.
Lowest Forecast
33.22
Highest Forecast
40.52
Target Price
36.5
At this time, Fulgent Genetics' Gross Profit is comparatively stable compared to the past year. Gross Profit Margin is likely to gain to 0.44 in 2024, despite the fact that Pretax Profit Margin is likely to grow to (0.57). At this time, Fulgent Genetics' Liabilities And Stockholders Equity is comparatively stable compared to the past year. Other Current Assets is likely to gain to about 27.6 M in 2024, whereas Accounts Payable is likely to drop slightly above 10.3 M in 2024.
  
It's important to approach Fulgent Genetics' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Fulgent Genetics price targets

Fulgent Genetics' stock target price is an estimate of its future price, usually made by analysts. Using Fulgent Genetics' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Fulgent Genetics' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Fulgent Genetics' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Fulgent Genetics Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Fulgent Genetics is a key component of Fulgent Genetics valuation and have some predictive power on the future returns of a Fulgent Genetics.
Hype
Prediction
LowEstimatedHigh
14.3417.0219.70
Details
Intrinsic
Valuation
LowRealHigh
16.0822.7225.40
Details
Naive
Forecast
LowNextHigh
12.9915.6718.35
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.16-0.040.08
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fulgent Genetics. Your research has to be compared to or analyzed against Fulgent Genetics' peers to derive any actionable benefits. When done correctly, Fulgent Genetics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Fulgent Genetics.

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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.