Veracyte Net Worth

Veracyte Net Worth Breakdown

  VCYT
The net worth of Veracyte is the difference between its total assets and liabilities. Veracyte's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Veracyte's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Veracyte's net worth can be used as a measure of its financial health and stability which can help investors to decide if Veracyte is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Veracyte stock.

Veracyte Net Worth Analysis

Veracyte's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Veracyte's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Veracyte's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Veracyte's net worth analysis. One common approach is to calculate Veracyte's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Veracyte's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Veracyte's net worth. This approach calculates the present value of Veracyte's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Veracyte's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Veracyte's net worth. This involves comparing Veracyte's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Veracyte's net worth relative to its peers.

Enterprise Value

1.7 Billion

To determine if Veracyte is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Veracyte's net worth research are outlined below:
The company reported the previous year's revenue of 361.05 M. Net Loss for the year was (74.4 M) with profit before overhead, payroll, taxes, and interest of 296.96 M.
Over 99.0% of the company outstanding shares are owned by institutional investors
Latest headline from news.google.com: Veracyte stock price target raised to 51 at Needham - MSN
Veracyte uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Veracyte. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Veracyte's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
28th of February 2024
Upcoming Quarterly Report
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2nd of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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28th of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Know Veracyte's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Veracyte is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Veracyte backward and forwards among themselves. Veracyte's institutional investor refers to the entity that pools money to purchase Veracyte's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Geode Capital Management, Llc2024-09-30
1.8 M
Bank Of America Corp2024-09-30
1.6 M
Gw&k Investment Management, Llc2024-09-30
1.4 M
Goldman Sachs Group Inc2024-09-30
1.3 M
Nuveen Asset Management, Llc2024-09-30
1.2 M
Bamco Inc2024-09-30
1.1 M
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
Vanguard Group Inc2024-09-30
7.7 M
Blackrock Inc2024-09-30
7.6 M
Note, although Veracyte's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Veracyte's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.58 B.

Market Cap

1.89 Billion

Project Veracyte's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.21)(0.22)
Return On Capital Employed(0.07)(0.08)
Return On Assets(0.06)(0.06)
Return On Equity(0.06)(0.07)
The company has Profit Margin (PM) of (0.02) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.11 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.11.
When accessing Veracyte's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Veracyte's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Veracyte's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Veracyte's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Veracyte. Check Veracyte's Beneish M Score to see the likelihood of Veracyte's management manipulating its earnings.

Evaluate Veracyte's management efficiency

Veracyte has return on total asset (ROA) of 0.0107 % which means that it generated a profit of $0.0107 on every $100 spent on assets. This is way below average. Veracyte's management efficiency ratios could be used to measure how well Veracyte manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.22 in 2025. Return On Capital Employed is likely to drop to -0.08 in 2025. At this time, Veracyte's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 1.3 B in 2025, whereas Non Current Liabilities Other is likely to drop slightly above 1.1 M in 2025.
Last ReportedProjected for Next Year
Book Value Per Share 12.94  13.58 
Tangible Book Value Per Share 3.13  2.49 
Enterprise Value Over EBITDA(41.77)(43.86)
Price Book Value Ratio 2.20  2.09 
Enterprise Value Multiple(41.77)(43.86)
Price Fair Value 2.20  2.09 
Enterprise Value1.6 B1.7 B
The strategic vision of Veracyte management plays a critical role in its financial performance. By evaluating this vision, we provide insights into the stock's growth potential.
Enterprise Value Revenue
7.4993
Revenue
425.3 M
Quarterly Revenue Growth
0.286
Revenue Per Share
5.644
Return On Equity
(0.01)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Veracyte insiders, such as employees or executives, is commonly permitted as long as it does not rely on Veracyte's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Veracyte insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Veracyte Corporate Filings

10th of January 2025
Other Reports
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F4
8th of January 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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13A
12th of November 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
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13A
8th of November 2024
An amended filing to the original Schedule 13G
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Veracyte time-series forecasting models is one of many Veracyte's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Veracyte's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Veracyte Earnings per Share Projection vs Actual

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.