Castle Biosciences Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 13 out of 208 in the Healthcare Equipment & Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Strong Buy, with the highest price target at 48.50.In the medium term, the stock price is expected to trend down.Despite a very weak market performance over the past month, 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.
Media Coverage
The current financial score of Castle Biosciences Inc is 6.87, ranking 105 out of 208 in the Healthcare Equipment & Supplies industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 87.01M, representing a year-over-year increase of 0.81%, while its net profit experienced a year-over-year increase of 124.32%.
Key Metrics
The current valuation score of Castle Biosciences Inc is 8.86, ranking 3 out of 208 in the Healthcare Equipment & Supplies industry. Its current P/E ratio is -28.23, which is -651.77% below the recent high of 155.78 and -883.22% above the recent low of -277.59.
The current earnings forecast score of Castle Biosciences Inc is 9.25, ranking 5 out of 208 in the Healthcare Equipment & Supplies industry. The average price target is 37.50, with a high of 45.00 and a low of 30.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Castle Biosciences Inc is 6.19, ranking 154 out of 208 in the Healthcare Equipment & Supplies industry. Currently, the stock price is trading between the resistance level at 27.45 and the support level at 21.52, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Castle Biosciences Inc is 10.00, ranking 1 out of 208 in the Healthcare Equipment & Supplies industry. The latest institutional shareholding proportion is 105.78%, representing a quarter-over-quarter decrease of 1.43%. The largest institutional shareholder is The Vanguard, holding a total of 2.19M shares, representing 7.37% of shares outstanding, with 4.24% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Healthcare Equipment & Supplies domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Castle Biosciences Inc is 7.04, ranking 46 out of 208 in the Healthcare Equipment & Supplies industry. The company's beta value is 1.16. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
