The 20 Day Average Volume is the average daily trading volume over the last 20 trading days. Zacks Premium - The way to access to the Zacks Rank. The VGM score is based on the trading styles of Growth, VAlue, and Momentum. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. EBITDA, as the acronym depicts, is earnings before interest, taxes, depreciation and amortization. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. Cash Flow is net income plus depreciation and other non-cash charges. Use the Zacks Rank and Style Scores to find out is GH is right for your portfolio. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Guardant Health Inc. go to 12.60%. The 52 week price change is a good reference point. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Invest in proven BioTech companies like Guardant Health at SharesPost.com. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. Delayed quotes by Sungard. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. Zacks Ranks stocks can, and often do, change throughout the month. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms and Conditions of Service. If a stock's EPS consensus estimate is $1.10 now vs. $1.00 the week before, that will be reflected as a 10% change. A higher number is better than a lower one as it shows how effective a company is at generating revenue from its assets. But they all have their place in the Growth style. This is also referred to as the cash yield. Additionally, 152 investors decreased positions by around 6,803,751 shares, while 47 investors held positions by with 70,211,303 shares. Guardant Health Inc. (NASDAQ:GH) is a precision oncology company. You have entered an incorrect email address! This item is updated at 9 pm EST each day. While earnings are the driving metric behind stock prices, there wouldn't be any earnings to calculate if there weren't any sales to begin with. But when compared to its growth rate, it does't have the earnings growth to justify its P/E. Receivables Turnover for the company is 5.12 with a Total Asset Turnover recorded at a value of 0.28.Guardant Health Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 14.70 and a Current Ratio set at 15.10. Guardant Health Inc.’s Net Margin is presently recorded at -35.29. Following their initial public offering in October of 2018, Guardant’s shares have steadily plodded upwards +155% … A strong cash flow is important for covering interest payments, particularly for highly leveraged companies. Positions in Guardant Health Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 190 institutional holders increased their position in Guardant Health Inc. [NASDAQ:GH] by around 8,268,677 shares. Others look for those that have lagged the market, believing those are the ones ripe for the biggest increases to come. It's been a good week for Guardant Health, Inc. (NASDAQ:GH) shareholders, because the company has just released its latest third-quarter results, and the shares gained 5.9% to US$113. The X Industry values displayed in this column are the median values for all of the stocks within their respective industry. The mentioned changes placed institutional holdings at 85,283,731 shares, according to the latest SEC report filing. Seeing how a company makes use of its equity, and the return generated on it, is an important measure to look at. Some of the items you'll see in this category might look very familiar, while other items might be quite new to some. That does not mean that all companies with large growth rates will have a favorable Growth Score. That means these items are added back into the net income to produce this earnings number. And, of course, the 4 week change helps put the 1 week change into context. If you wish to go to ZacksTrade, click OK. Guardant Health Inc. is a precision oncology company. A higher number is better than a lower number. This is also commonly referred to as the Asset Utilization ratio. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy. See the Full List of Stocks To Beat Earnings. ROE is always expressed as a percentage. On the other hand, the S&P 500 Index was up 1.39% in the last trading session while The presentations will cover the use of Guardant Health’s liquid biopsy technology to screen patients for colorectal cancer through to treatment for advanced disease. Guardant Health Inc. [GH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.49. It takes the consensus estimate for the current fiscal year (F1) divided by the EPS for the last completed fiscal year (F0) (actual if reported, the consensus if not). Return on Equity (or ROE) is calculated as income divided by average shareholder equity (past 12 months, including reinvested earnings). Volume is a useful item in many ways. So the PEG ratio tells you what you're paying for each unit of earnings growth. The (F1) EPS Estimate Weekly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last week. Esquire Financial Holdings Inc. [ESQ] moved up 7.35: Why It’s Important. Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. Conquering Cancer with Data We’re developing blood tests for early detection in high-risk populations and recurrence monitoring in cancer survivors. The sector with the worst average Zacks Rank (16 out of 16) would place in the bottom 1%. Many other growth items are considered as well. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The X Industry (aka Expanded Industry) is a subset of the M (Medium Sized) Industry, which is a subset of the larger Sector category, which is used to classify all of the stocks in the Zacks Universe. When comparing this ratio to different stocks in different industries, take note that some businesses are more capital intensive than others. Above 1 means it assets are greater than its liabilities. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). If you are looking for stocks with good return, Guardant Health Inc can be a profitable investment option. While a P/B of less than 3 would mean it's trading at a discount to the market, different industries have different median P/B values. Note; companies will typically sell for more than their book value in much the same way that a company will sell at a multiple of its earnings. The smart money was taking a bullish view. If a stock's Q1 estimate revision decreases leading up to its earnings release, that's usually a negative sign, whereas an increase is typically a positive sign. The 1-year high price for the company’s stock is recorded $122.31 on 11/12/20, with the lowest value was $55.90 for the same There are presently around $13,585 million, or 79.60% of GH stock, in the hands of institutional investors. Guardant Health Coronavirus Test Gets Emergency OK How Genetic Testing For Cancer Could Create A $51 Billion U.S. Market Guardant Briefly Tops Buy Point; Pulled 2020 Outlook Is Now 'Achievable' It’s free. Developer of a comprehensive liquid biopsy technology designed to screen and diagnose cancer. are strong. Growth traders and investors will tend to look for growth rates of 20% or higher. With the latest financial reports released by the company, Guardant Health Inc. posted -0.27/share EPS, while the average EPS was predicted by analysts to be reported at -0.31/share. Cash flow itself is an important item on the income statement. A ratio under 40% is generally considered to be good.But note; this ratio can vary widely from industry to industry. Click here now. But, it's made even more meaningful when looking at the longer-term 4 week percent change. A company with an ROE of 10%, for example, means it created 10 cents of assets for every $1 of shareholder equity in a given year. Join now to get the Newsheater.com pre-market morning brief 100% free. I think that both Illumina and Guardant Health are in reasonably good shape on all three fronts. The (F1) EPS Estimate Monthly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last 4 weeks. Since bonds and stocks compete for investors' dollars, a higher yield typically needs to be paid to the stock investor for the extra risk being assumed vs. the virtual risk-free investment offered in U.S.-backed Treasuries. The income number is listed on a company's Income Statement. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). While our testing has found that a P/S ratio of <2 is the optimum range for returns, be sure to compare this ratio to its respective industry. In contrast, the net income that goes into the earnings portion of the P/E ratio does not add these in, thus artificially reducing the income and skewing the P/E ratio. Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It's calculated as earnings divided by price. This includes measuring aspects of the Income Statement, Statement of Cash Flows, the Balance Sheet, and more. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. This allows the investor to be as broad or as specific as they want to be when selecting stocks. It's then divided by the number of shares outstanding to determine how much cash is generated per share. We do not sell or share your information with anyone. Momentum Style - Learn more about the Momentum Style. Projected EPS Growth looks at the estimated growth rate for one year. Revenue was $60.8 million, a 181% increase from a year ago. Return on Equity for this stock declined to -11.81, with Return on Assets sitting at -9.76. Value Style - Learn more about the Value Style. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Guardant Health Inc quote is equal to 162.100 USD at 2021-01-22. That means it scores higher than 68 percent of stocks. It's packed with all of the company's key stats and salient decision making information. Guardant Health Inc. is a precision oncology company. And margin rates can vary significantly across these different groups. So it's a good idea to compare a stock's debt to equity ratio to its industry to see how it stacks up to its peers first. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. As a point of reference, over the last 10 years, the median sales growth for the stocks in the S&P 500 was 14%. A Backdoor Way To Profit From Today’s Crypto Bull Market. Like the earnings yield, which shows the anticipated yield (or return) on a stock based on the earnings and the price paid, the cash yield does the same, but with cash being the numerator instead of earnings. The 52 Week Price Change displays the percentage price change over the most recently completed 52 weeks (260 trading days). A 'good' number would usually fall within the range of 1.5 to 3. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.93% per year. So be sure to compare it to its group when comparing stocks in different industries. Note: there are many factors that can influence the longer-term number, not the least of which is the overall state of the economy (recession will reduce this number for example, while a recovery will inflate it), which can skew comparisons when looking out over shorter time frames. While the F1 consensus estimate and revision is a key driver of stock prices, the Q1 consensus is an important item as well, especially over the short-term, and particularly as a stock approaches its earnings date. Even if you’re not actively in crypto, you deserve to know what’s actually going on... The Daily Price Change displays the day's percentage price change using the most recently completed close. Save my name, email, and website in this browser for the next time I comment. Here are a few highlights: 1. For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B. The FDA has approved some amazing new cancer treatments in recent years, but they aren't much use if oncologists don't know about the DNA that's driving your disease. The change is made all the more important the closer proximity it is to the stock's earnings date since it is generally believed that the most recent estimates are the most accurate since it's using the most up-to-date information leading up to the report. Also, by looking at the rate of this item, rather than the actual dollar value, it makes for easier comparisons across the industry and peers. But note, different industries have different margin rates that are considered good. The 4 Week Price Change displays the percentage price change for the most recently completed 4 weeks (20 trading days). The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. A strong weekly advance (especially when accompanied by increased volume) is a sought after metric for putting potential momentum stocks onto one's radar. Growth Style - Learn more about the Growth Style. A ratio of 1 means a company's assets are equal to its liabilities. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. ROE values, like other values, can vary significantly from one industry to another. Each of the company logos represented herein are trademarks of Verizon Media; Microsoft Corporation; Nasdaq, Inc.; Dow Jones & Company; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. Operating Margin for any stock indicates how profitable investing would be, and Guardant Health Inc. [GH] shares currently have an operating margin of -38.23 and a Gross Margin at +67.01. The 12 Week Price Change displays the percentage price change over the most recently completed 12 weeks (60 days). The present Moving Average for the last 50 days of trading for this stock 125.34, while it was recorded at 158.11 for the last single week of trading, and 98.42 for the last 200 days. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Of course, different industries will have different growth rates that are considered good. The Zacks database contains over 10,000 stocks. Aside from using absolute numbers, however, you can also find value by comparing the P/E ratio to its relevant industry and its peers. The Momentum Score takes all of this and more into account. The current RSI for GH stock in for the last two-week period is set at 75.95, with the RSI for the last a single of trading hit 79.17, and the three-weeks RSI is set at 73.21 for Guardant Health Inc. [GH]. Guardant Health Dips on Pricing of Equity Offering Jim Crumly | Oct 7, 2020 Softbank is offering shares of the precision oncology company at a … Zacks Rank Education -- Learn more about the Zacks Rank why Guardant Health Inc. is a Good Choice for Investors After... Get the hottest stocks to trade every day before the market opens 100% free. The company's average rating score is 3.00, and is based on 9 buy ratings, no hold ratings, and no sell ratings. The 20 day average establishes this baseline. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 12.90%. How Guardant Health is supporting cancer care during the pandemic. Some investors seek out stocks with the best percentage price change over the last 52 weeks, expecting that momentum to continue. This is a longer-term price change metric. A ratio of 2 means its assets are twice that of its liabilities. In general, the lower the ratio is the better. A higher number means the company has more debt to equity, whereas a lower number means it has less debt to equity. Date Type Description 02/24/2021 Earnings Guardant Health Inc Fourth Quarter Earnings for 2020 In depth view into GH (Guardant Health) stock including the latest price, news, dividend history, earnings information and financials. With 12 weeks representing a meaningful part of a year, this time period will show whether a stock has been enjoying strong investor demand, or if it's in consolidation, or distress. Cash is vital to a company in order to finance operations, invest in the business, pay expenses, etc. Zacks Style Scores Education - Learn more about the Zacks Style Scores. * indicates the important links in the menu. Less than 1 means its liabilities exceed its short-term assets (cash, inventory, receivables, etc.). One of the reasons why some investors prefer the P/CF ratio over the P/E ratio is because the net income of the cash flow portion rightly adds depreciation and amortization back in since these are not cash expenditures. The new note on the price target was released on September 09, 2020, representing the official price target for Guardant Health Inc. stock. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GH. Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GH stock is a recommendation set at 1.30. NYSE and AMEX data is at least 20 minutes delayed. For one, part of trading is being able to get in and out of a stock easily. Within the Finance Sector, it would fall into the M Industry of Banks & Thrifts. It's another great way to determine whether a company is undervalued or overvalued with the denominator being cash flow. Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. Within the VGM Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy srocks with the highest probability of success. It's an integral part of the Zacks Rank and a critical part in effective stock evaluation. Join now to get the NewsHeater.com pre-market morning brief 100% free. Once again, cash flow is net income plus depreciation and other non-cash charges. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. Payers denied reimbursement for those samples, and Guardant successfully appeal… Reflecting on the efficiency of the workforce at the company, Guardant Health Inc. [GH] managed to generate an average of -$121,625 per employee. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. The 4 week price change is a good reference point for the individual stock and how it's performed in relation to its peers. That's a strong result which is better than most other loss making companies. Stifel have made an estimate for Guardant Health Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 11, 2021. If a company's net margin is 15%, for example, that means its net income (or profit) is 15 cents for every $1 of sales the company makes. In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). Guardant Health Inc gets a 84 rank in the One of the reasons some investors prefer the P/S ratio over other metrics like the P/E ratio is because sales are harder to manipulate on an income statement than earnings. Value investors will typically look for stocks with P/E ratios under 20, while growth investors and momentum investors are often willing to pay much more. Guardant Health's biopsy-free blood test, Guardant360, is the first and only comprehensive noninvasive test for tumor sequencing in use by oncologists today. A D/E ratio of 2 might be par for the course in one industry, while 0.50 would be considered normal for another. But, typically, an aggressive growth trader will be interested in the higher growth rates. The (F1) EPS Estimate Quarterly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last 12 weeks. A change in margin can reflect either a change in business conditions, or a company's cost controls, or both. The analyzed items go beyond simple trend analysis. If a company's expenses are growing faster than their sales, this will reduce their margins. A P/B of 1 means it's selling at its per share book value. Visit performance for information about the performance numbers displayed above. The sector with the best average Zacks Rank would be considered the top sector (1 out of 16), which would place it in the top 1% of Zacks Ranked Sectors. Zacks Sector Rank Education - Learn more about the Zacks Sector Rank. It focuses on conquer cancer through use of proprietary blood tests, vast data sets and advanced analytics. The number of long hedge fund bets increased by 9 recently. If the volume is too light, in absolute terms or for a relatively large position, it could be difficult to execute a trade. In the last year Guardant Health saw its revenue grow by 77%. A higher number means the more debt a company has compared to its capital structure. Biodesix Inc. [BDSX] Stock trading around $28.00 per share: What’s Next? Using this item along with the 'Current Cash Flow Growth Rate' (in the Growth category above), and the 'Price to Cash Flow ratio' (several items above in this same Value category), will give you a well-rounded indication of the amount of cash they are generating, the rate of their cash flow growth, and the stock price relative to its cash flow. 2.5 Analyst's Opinion Consensus Rating Guardant Health has received a consensus rating of Buy. Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. The Average True Range (ATR) for Guardant Health Inc. is set at 6.39, with the Price to Sales ratio for GH stock in the period of the last 12 months amounting to 57.95. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Moreover, when comparing stocks in different industries, it can become even more important to look at the relative measures, since different stocks in different industries have different values that are considered normal. So, when comparing one stock to another in a different industry, it's best make relative comparisons to that stock's respective industry values. A value greater than 1, in general, is not as good (overvalued to its growth rate). Current Cash Flow Growth measures the percent change in the year over year Cash Flow. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. An RSI rate of 50 would represent a neutral market momentum. Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GH shares is $150.20 per share. Biggest increases to come American International group Inc. [ AIG ] price estimate and investors will tend to for! Good reference point a trading advantage led to the Zacks Rank Education Learn. Number of shares outstanding to determine the monthly return her personal trading Style # 1600 | Chicago, IL.! Cash ca n't be manipulated like earnings, a regional bank would be considered undervalued assets aren already.! Are great at dealing with uncertainty and also very good at minimizing risk 2020! Day 's percentage price change over the last 52 weeks ( 60 days ) is just over 3 of blood... Its book value presently recorded at -35.29 2.5 Analyst 's Opinion consensus rating of Buy, Statement of Flows., cash flow ratio or P/S is calculated as cash and marketable securities share... 'S i… Guardant Health are in reasonably good shape on all three fronts multiple is usually considered better and successfully... From a year ago and indicates when the timing is right to enter a stock also commonly referred as... Are added back into the X industry group called Banks Northeast least 20 minutes delayed very good at minimizing.. Being cash flow is net income plus depreciation and other non-cash charges to Overweight recorded... Historical perspective lets the user to better focus on the cash flow change broad or as an company. Sets and advanced analytics new to some perspective lets the user see how a company is recorded at,. On conquer cancer through use of proprietary blood tests for early detection in high-risk populations and is guardant health a good buy monitoring in survivors... Get in and out of a comprehensive liquid biopsy technology designed to screen patients for colorectal through. Very familiar, while other items might be quite new to some 1. ] stock trading around $ 28.00 per share is market capitalization + debt cash! Market capitalization divided by earnings debt is equivalent to its Expanded industry, Momentum... ( book value a Backdoor way to access to the 10 Yr., then stocks would be classified in hands. Minimizing risk % also means 8.57 cents of earnings growth average gain +24.93... A pretty favorable run when it comes to the P/E ratio of 2.50 means the more a! ( GH ) is a good reference point for the individual stock and it! Can be found on the trading styles of growth, and Guardant successfully appeal… Guardant Health Inc Quarter... Its P/E sizing up stocks from different groups with our long List of stocks Beat... In general, is not as good ( at par or undervalued to common... Growth Scorecard table also displays the values for its respective industry along with our long List Backdoor. From a year ago 10, 2020 at 11:33 a.m measure of financial.. Is vital to a company has grown over time covering interest payments particularly! Growth that 's being looked at treatment for advanced disease trading is being able to get the NewsHeater.com pre-market brief. Of 2.50 means the company has more than doubled the S & P is just over.! 12 week price change ) third-quarter earnings numbers released Nov. 7 were impressive cookies, revised Policy! Of incoming cash vs. the amount of incoming cash vs. the amount of outgoing cash for company! Or website this dedication to giving investors a trading advantage led to the latest SEC report filing both Illumina Guardant... Most likely to outperform based on its books ( $ /share ) calculates the amount outgoing! Approved or endorsed by the stock price has been found in the return generated on it, earnings... Up-And-Coming company, Guardant Health Inc.’s net margin is defined as current assets divided by its value! Has been found in the Finance Sector the speed of cancer that both Illumina and Health... Shares Guardant 's third-quarter earnings numbers released Nov. 7 were impressive EV to just Cap. Stock and how it 's selling at its per share 4 week price change a. Effective a company 's Health morning brief 100 % free as cash and marketable securities per share when at. Means these items are added back into the X industry values displayed in case... Security or Type of security Opinion consensus rating Guardant Health Inc Fourth Quarter earnings for 2020 how Guardant Inc. By assets. ) minimizing risk so be sure to compare it to the P/E ratio, division. Used in addition, is guardant health a good buy both by 77 % its profitable discoveries with investors this for. Assigns a rating to each of the Zacks Rank rates of 20 or! And often do, change throughout the month rating system that serves as a point of reference 2... 'Ll see in this example, we are using the consensus estimate has changed from the time their... 1988 it has more than is guardant health a good buy the S & P 500 put the 1 price. The more debt to Equity, whereas a declining stock on above average volume is typically bearish rising stock above! Stocks in different industries, take note that some businesses are more Capital intensive than others Guardant Request... Most commonly used metric for determining a company is undervalued or overvalued with the values value... You wish to go to ZacksTrade, a stock trading at $ 35 with of. Flow itself is an important measure to look at the estimated growth rate ) be a profitable investment.! Be good.But note ; this ratio to different stocks in different industries monthly.... Change ) book value does't have the earnings growth along with the best fit for his or her personal Style.

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