Is Veracyte Inc (VCYT) Stock a Good Buy for Short-term Investors?

A share price of Veracyte Inc [VCYT] is currently trading at $25.01, up 2.84%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The VCYT shares have gain 2.21% over the last week, with a monthly amount drifted -5.05%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Veracyte Inc [NASDAQ: VCYT] stock has seen the most recent analyst activity on March 20, 2025, when Craig Hallum initiated its Buy rating and assigned the stock a price target of $45. Previously, Goldman downgraded its rating to Neutral on December 05, 2024, and dropped its price target to $37. On November 15, 2024, Wolfe Research initiated with a Outperform rating and assigned a price target of $50 on the stock. UBS started tracking the stock assigning a Buy rating and suggested a price target of $43 on October 16, 2024. Guggenheim initiated its recommendation with a Buy and recommended $40 as its price target on October 10, 2024. Needham reiterated a Buy rating for this stock on February 23, 2024, and upped its price target to $33. In a note dated January 18, 2023, Raymond James downgraded an Mkt Perform rating on this stock.

Veracyte Inc experienced fluctuations in its stock price throughout the past year between $19.73 and $47.32. Currently, Wall Street analysts expect the stock to reach $35 within the next 12 months. Veracyte Inc [NASDAQ: VCYT] shares were valued at $25.01 at the most recent close of the market. An investor can expect a potential return of 39.94% based on the average VCYT price forecast.

Analyzing the VCYT fundamentals

Trailing Twelve Months sales for Veracyte Inc [NASDAQ:VCYT] were 463.39M which represents 18.20% growth. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.03 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Veracyte Inc [NASDAQ:VCYT] is 5.10. In addition, the Quick Ratio stands at 4.78 and the Cash Ratio stands at 2.48. Considering the valuation of this stock, the price to sales ratio is 4.23, the price to book ratio is 1.64 and price to earnings (TTM) ratio is 59.62.

Transactions by insiders

Recent insider trading involved EASTHAM KARIN, Director, that happened on Jun 13 ’25 when 4590.0 shares were sold. Director, Bhanji Muna completed a deal on Jun 13 ’25 to sell 4589.0 shares. Meanwhile, Director KARIN EASTHAM bought 4590.0 shares on Jun 13 ’25.

Related Posts

MZP News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.