The company's fundamentals are relatively healthy. Its valuation is considered undervalued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
The company's current financial score is 7.97, which is higher than the Biotechnology & Medical Research industry's average of 6.93. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 86.68M, representing a year-over-year decrease of 6.06%, while its net profit experienced a year-over-year decrease of 514.63%.
The company’s current valuation score is 3.40, which is higher than the Biotechnology & Medical Research industry's average of 3.06. Its current P/E ratio is 12.74, which is 28.02% below the recent high of 16.31 and 6.17% above the recent low of 11.96.
The company’s current earnings forecast score is 7.78, which is lower than the Biotechnology & Medical Research industry's average of 8.03. The average price target for CareDx Inc is 23.00, with a high of 28.00 and a low of 14.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 9.14, which is higher than the Biotechnology & Medical Research industry's average of 6.32. Sideways: Currently, the stock price is trading between the resistance level at 15.61 and the support level at 12.13, making it suitable for range-bound swing trading.
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The company’s current institutional recognition score is 10.00, which is higher than the Biotechnology & Medical Research industry's average of 5.96. The latest institutional shareholding proportion is 107.22%, representing a quarter-over-quarter increase of 2.54%. The largest institutional shareholder is The Vanguard, holding a total of 4.90M shares, representing 9.21% of shares outstanding, with 1.82% increase in holdings.
The company’s current risk assessment score is 3.13, which is lower than the Biotechnology & Medical Research industry's average of 3.33. The company's beta value is 2.37. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.
