VCYT - Veracyte, Inc.
| Previous Close | 29.51 |
| Open | 29.51 |
| Bid | 29.87 x 1400 |
| Ask | 40.50 x 1800 |
| Day's Range | 29.49 - 29.92 |
| 52 Week Range | 8.77 - 30.25 |
| Volume | 383,715 |
| Avg. Volume | 734,203 |
| Market Cap | 1.243B |
| Beta (3Y Monthly) | 0.12 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.41 |
| Earnings Date | Jul 30, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 31.00 |
- Simply Wall St.•3 days ago
Is Veracyte, Inc.'s (NASDAQ:VCYT) CEO Pay Justified?
In 2008 Bonnie Anderson was appointed CEO of Veracyte, Inc. (NASDAQ:VCYT). First, this article will compare CEO...
- Business Wire•19 days ago
Veracyte Names Keith Kennedy Chief Operating Officer and Chief Financial Officer
Veracyte, Inc. (VCYT), a leading genomic diagnostics company, today announced that it has named Keith Kennedy, the company’s current chief financial officer (CFO), to also serve as its chief operating officer (COO) effective today. In this expanded role, Mr. Kennedy assumes leadership over key operations and all administrative functions for the company. The promotion of Mr. Kennedy to CFO and COO combined with the broad experience and leadership of Giulia C. Kennedy, Ph.D., Veracyte’s chief scientific and medical officer, and John Hanna, the company’s chief commercial officer, further strengthens the company’s top-tier executive leadership team.
- Business Wire•23 days ago
Veracyte to Release Second Quarter 2019 Financial Results on July 30, 2019
Veracyte, Inc. today announced that it will release its financial results for the second quarter 2019 after the close of market on Tuesday, July 30, 2019. Company management will host a conference call and webcast to discuss its financial results and provide a general business update at 5:00 p.m.
- Business Wire•24 days ago
Veracyte Announces Next-Generation Percepta Genomic Sequencing Classifier Now Available to Physicians for Improved Lung Cancer Diagnosis
Veracyte, Inc. (VCYT), a leading genomic diagnostics company, today announced that it has begun making its next-generation Percepta® Genomic Sequencing Classifier (GSC) available to physicians, providing them with expanded lung cancer risk information that can further guide next steps for patients with suspicious lung nodules, as compared to the original Percepta test. The RNA whole-transcriptome sequencing-based test is Veracyte’s first commercial product to emerge since entering into the long-term strategic lung-cancer collaboration with Johnson & Johnson Innovation LLC*, which was announced in January 2019. “Lung nodules are often challenging to diagnose using traditional tools, which can lead to unnecessary invasive procedures or to delayed treatment,” said Giulia Kennedy, Ph.D., Veracyte’s chief scientific and medical officer.
- Business Wire•26 days ago
Veracyte Named a San Francisco Bay Area “Top Workplace” For Sixth Consecutive Year
Veracyte, Inc. , a leading genomic diagnostics company, announced today that the company has been awarded a Top Workplaces 2019 honor by the Bay Area News Group for the sixth consecutive year.
- Zacks•29 days ago
Veracyte (VCYT) Hits Fresh High: Is There Still Room to Run?
Veracyte (VCYT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- Insider Monkey•last month
Hedge Funds Have Never Been This Bullish On Veracyte Inc (VCYT)
We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […]
- Business Wire•last month
Veracyte Announces New Article Published in Cancer Cytopathology Detailing Clinical Utility of Its RNA Sequencing-Based Testing for Thyroid Cancer Diagnosis and Treatment
The article describes how the technology behind Veracyte’s Afirma® Genomic Sequencing Classifier (GSC) and Xpression Atlas (XA) is helping to reduce unnecessary surgeries in thyroid cancer diagnosis, and also inform surgery and treatment decision-making using the same minimally invasive patient sample. The article is highlighted on the cover of the June print issue, which is scheduled to be available the week of June 17, 2019.
- InvestorPlace•last month
7 Top-Rated Biotech Stocks to Invest In Today
Tech stocks are tumbling around like they're in a washing machine. Between the trade wars and varying economic numbers, chip stock have been all over the place. While the Nasdaq Biotech Index (INDEXNASDAQ:NBI) is up 7% year to date, it was a bumpy ride through the latter part of 2018.This year, the broad biotech sector has been buffeted along with other broad market indicators, considering that the weaker-than-expected U.S. economy and the continued trade war with China have slapped a question mark over that growth market.Also, U.S. healthcare seems to be frozen in place for now, so "silver bullet" medicines aren't getting the attention they deserve. And the administrations crackdown on funding and researchers at the National Institutes of Health are also challenging since most major drug discoveries start at NIH and are then pulled into R&D efforts at biotech and pharma companies.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 High-Quality Cheap Stocks to Buy With $10 But following are seven healthy biotech stocks to buy now. They get top scores in my Portfolio Grader for their fundamentals, earnings and momentum. These seven biotechs are both big and small, the one thing they have in common is growth now and in their future. Biotech Stocks to Buy: Repligen (RGEN)Repligen Corp (NASDAQ:RGEN) has had quite a good year, up 65% in the past 12 months, and 42% year to date. If a biotech or a Big Pharma are the bakeries that sell the finished goods, RGEN is the company that sells the ingredients and tools to the bakeries.It has three divisions: Chromotography (the separation of a mixture by passing it through a suspension), Filtration and OEM Products (usually proteins used for purification and cell growth products).These "ingredients" are certainly more complex than they are for a bakery, but they're just as fundamental to building drugs and manufacturing them with quality and consistency on a large scale.With a $3.6 billion market cap, RGEN is a good sized player with exposure across the industry, so it's a leveraged played on the fundamental growth in the biotech and pharmaceutical sector. And that's a solid investment moving forward. Vertex Pharma (VRTX)Vertex Pharmaceuticals Inc (NASDAQ:VRTX) is a big-cap pharmaceutical firm based out Boston, MA. It currently has three approved drugs to treat cystic fibrosis (CF) and has a number of drugs in the pipeline to treat other auto-immune diseases.Earlier this month it moved into the genetic therapy side of the business, expanding its relationship with CRISPR Therapeutics (CSPR) and buying gene therapy company Exonics Therapeutics.Exonics is involved in developing a gene therapy for Duchenne's muscular dystrophy (DMD). DMD is the most common form of the disease. It afflicts about 1 in 3,500 males and is usually recognized between the ages of 3 and 6 years of age. By age 10, most patients are wheelchair bound.Creating a gene therapy to resolve this rare disease would be massive. And given VRTX's history with CF, it has a very good shot. * 7 U.S. Stocks to Buy With Limited Trade War Exposure It's a relative outperformer in the big cap biotech space -- it sports a $43 billion market cap -- and is still a good value. Recro Pharma (REPH)Recro Pharma Inc (NASDAQ:REPH) is a small cap -- $206 million market cap -- that was launched in 2007. Its focus is on non-opioid, non-addictive pain and analgesics.It focuses its efforts on products for hospitals and ambulatory care facilities and works with generics to develop more effective delivery systems and more targeted markets.For example, its top-performing drug is meloxicam, an analgesic for post-operative pain that is administered intravenously. It also has an intranasal formulation of dexmedetomidine (Dex) for post-operative pain. Its third pipeline drug is fadolmidine and is similar to Dex but doesn't cross the blood-brain barrier.The stock is up 31% year to date and up 75% for the past 12 months. There's a good chance that its drugs could be fast-tracked considering the opioid crisis, which would get them to market even faster. Arrowhead Pharmaceuticals Corp (ARWR)Arrowhead Pharmaceuticals Corp (NASDAQ:ARWR) is a gene therapy biotech with a twist. Instead of using modified genes to eradicate a disease, it silences genes that are causing problems.Either way, this is a very hot sector and ARWR is one of the shining stars in the biotech heaven. It has a $2 billion market cap and has been around since 1989, which is means it has been through two or three waves of biotech booms and busts.The stock is on fire right now, up 108% year to date and 134% in the past year. Part of that is the news last October is signed a deal to license one of its drugs that targets hepatitis B to Janssen Pharmaceuticals. * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 It's pricey, but it has a lot of big new ahead of it. Veracyte (VCYT)Veracyte Inc (NASDAQ:VCYT) is also on the genetic side of the biotech sector. But it doesn't develop novel drugs, it produces genetic testing for various types of diseases.This is another new sector that is growing quickly because of the processing power now available to sequence genes and see how they tick.Right now, VCYT has genetic tests for thyroid cancer, lung cancer and a lung disease called idiopathic pulmonary fibrosis. The latter has been very hard to test for in the past, so VCYT testing is a big step forward.With a $1 billion market cap, VCYT is establishing a name for itself and already has products in the market, which is a very attractive business model compared to drug companies that will spend years and billions of dollars hoping a drug will get to the marketplace.Up and staggering 214% in the past year and 121% year to date, VCYT is just getting started. And could be a serious takeover candidate. Affimed (AFMD)Affimed NV (NASDAQ:AFMD) is a Germany-based biotech that is focused on immunotherapy work. This line of work is built on the premise that you can find a way for each individual to help combat disease using their own immune system.This is highly complex and is in earlier stages than gene therapy but it has enormous potential, especially in treating various cancers.AFMD has a proprietary ROCK(R) platform for recognizing and attacking certain types of cancers. It cancelled phase 1 studies in October of AFM11 to focus on its innate cell engager AFM24.Immuno-oncology is more than just working with a patient's immune system. It also means individualized treatment solutions for each patient. That would be a massive shift in the way disease care is viewed. And it's getting very close. * 7 Dividend Stocks That Are Worth Your Money Also, being a German company, it would have access to the European markets as well as the U.S. markets due to its partnership with Genentech. But it's a small cap with some work to do, so be patient. Incyte Corp (INCY)Incyte Corp (NASDAQ:INCY) is a Delaware-based biotech that is another good-sized player with a market cap of $16 billion.It has one drug that has been in the marketplace for years now. JAKAFI is a treatment for a rare form of bone marrow cancer and it also has a use as a treatment for host-done issues with bone marrow transplants.When you have drugs for rare diseases you have less competition and you can also charge more since there is few to no competitors but the market is also very small. But this does help start generating revenue for a company that can then use that cash to develop more drugs without burning through cash waiting for a big breakthrough.INCY has cooperative agreements with Merck (MRK) and Bristol Myers Squibb (BMY) using a new drug to work with their immuno-oncology drugs that are already on the market. This could be a big opportunity since these two Big Pharma firms could help get this combination through regulatory hurdles.The stock is up 21% year to date but only 4% in the past year. Its partnerships with leading Big Pharma firms is a strategic play on broader industry exposure.Louis Navellier is a renowned growth investor. He is the editor of five investing newsletters: Blue Chip Growth, Emerging Growth, Ultimate Growth, Family Trust and Platinum Growth. His most popular service, Blue Chip Growth, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 * 7 Value Stocks That Are Flying Under the Radar * 6 Mouth-Watering Fast Food Stocks for Growth Investors Compare Brokers The post 7 Top-Rated Biotech Stocks to Invest In Today appeared first on InvestorPlace.
- American City Business Journals•last month
GE wants to unload the portfolio of its Menlo Park venture arm
The corporate venture unit led rounds for a number of Bay Area startups over the past six years, including a pair of Redwood City-based unicorns — 3D-printing business Carbon Inc. and personalized medical technology developer Heartflow Inc.
- Business Wire•last month
Veracyte Announces New Publication of Data Demonstrating Real-World Performance of the Afirma GSC in Thyroid Cancer Diagnosis
Findings from the clinical utility study, conducted by researchers at The Ohio State University, appear online in the journal Thyroid and add to the growing body of independent evidence demonstrating the performance of the next-generation genomic test. In the study, researchers evaluated records for all patients whose thyroid nodules were indeterminate for cancer based on cytopathology and who subsequently underwent molecular testing with the Afirma GSC or the original Afirma Gene Expression Classifier (GEC) between February 2011 and December 2018.
- American City Business Journals•last month
Riskalyze hires Bay Area tech executive as CFO
The Auburn-based financial technology company has hired a chief financial officer with experience at several Bay Area technology companies.
- Business Wire•2 months ago
Veracyte Announces New Data Showing Potential of Afirma Genomic Test to Guide Targeted Treatment for Medullary Thyroid Cancer Concurrent with Diagnosis
The findings advance physicians’ ability to answer multiple clinical questions for their thyroid patients using a single, minimally invasive sample. Researchers used the Afirma XA to conduct RNA sequencing on 90 thyroid fine needle aspiration samples that had been diagnosed with medullary thyroid cancer (MTC) through the Afirma GSC.
- Simply Wall St.•2 months ago
Before You Buy Veracyte, Inc. (NASDAQ:VCYT), Consider Its Volatility
Anyone researching Veracyte, Inc. (NASDAQ:VCYT) might want to consider the historical volatility of the share price...
- Business Wire•2 months ago
Veracyte Announces Participation in Two Upcoming Investor Conferences
Veracyte, Inc. today announced that Bonnie H. Anderson, chairman and chief executive officer, is scheduled to present at two upcoming investor conferences:
- Business Wire•2 months ago
Veracyte Announces New Data Demonstrating Afirma Xpression Atlas’s Potential to Inform Treatment Selection for Patients with Medullary Thyroid Cancer to Be Presented at 2019 ASCO Annual Meeting
Veracyte, Inc. announced today that new data demonstrating the Afirma® Xpression Atlas test’s ability to detect gene alterations that may be targeted by new treatments for medullary thyroid cancer – a rare, but aggressive form of thyroid cancer – will be presented at the American Society of Clinical Oncology Annual Meeting being held May 31-June 4, 2019 in Chicago.
- Business Wire•2 months ago
Veracyte Unveils Next-Generation Percepta Genomic Sequencing Classifier for Improved Lung Cancer Diagnosis
Researchers prospectively validated the Percepta GSC on 412 patients with lung nodules who had inconclusive results following bronchoscopy, a common nonsurgical procedure to diagnose lung cancer. Among patients with an “intermediate” pre-test risk of cancer – the group that accounts for the majority of lung nodules – the Percepta GSC demonstrated high accuracy when it down-classified patients to “low risk” for cancer (negative predictive value of 91 percent).
- Business Wire•2 months ago
Veracyte Names Sangeeta Bhorade, M.D., Medical Director of Pulmonology
Veracyte, Inc. (VCYT), a leading genomic diagnostics company, today announced that it has named Sangeeta Bhorade, M.D., medical director of pulmonology. In this role, Dr. Bhorade will lead medical affairs for Veracyte’s pulmonology products, including the Percepta® Bronchial Classifier and Envisia™ Genomic Classifier. Dr. Bhorade will report to Giulia Kennedy, Ph.D., Veracyte’s chief scientific and medical officer.
- Business Wire•2 months ago
Veracyte to Present at the UBS Global Healthcare Conference
Veracyte, Inc. , a leading genomic diagnostics company, today announced that Bonnie H. Anderson, chairman and chief executive officer, is scheduled to present at the UBS Global Healthcare Conference in New York City on Monday, May 20, 2019 at 9:30 a.m.
- Business Wire•2 months ago
Veracyte Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional Shares
Veracyte, Inc. announced today the closing of its public offering of 6,325,000 shares of common stock, including 825,000 shares sold upon full exercise of the underwriters’ option to purchase additional shares, at a price to the public of $23.25 per share.
- Thomson Reuters StreetEvents•3 months ago
Edited Transcript of VCYT earnings conference call or presentation 30-Apr-19 9:00pm GMT
Q1 2019 Veracyte Inc Earnings Call
- Business Wire•3 months ago
Veracyte Announces Pricing of Public Offering of 5,500,000 Shares of Common Stock
Veracyte, Inc. (VCYT) (the “Company”) today announced the pricing of an underwritten public offering of 5,500,000 shares of its common stock at a public offering price of $23.25 per share. The gross proceeds to the Company from this offering, before deducting underwriting discounts and commissions and offering expenses payable by Veracyte, are expected to be $127.9 million. All of the shares are being offered by the Company.
- Business Wire•3 months ago
Veracyte Announces Proposed Public Offering of Common Stock
Veracyte, Inc. (VCYT) (“the Company”) today announced that it has commenced an underwritten public offering of 5,000,000 shares of its common stock. All of the shares are being offered by Veracyte. In addition, the Company expects to grant the underwriters a 30-day option to purchase up to 750,000 additional shares of its common stock at the public offering price, less underwriting discounts and commissions.
