Cytek Biosciences Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 73 out of 205 in the Healthcare Equipment & Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 6.17.In the medium term, the stock price is expected to remain stable.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 Cytek Biosciences Inc is 7.49, ranking 80 out of 205 in the Healthcare Equipment & Supplies industry. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 52.29M, representing a year-over-year increase of 1.54%, while its net profit experienced a year-over-year increase of 682.15%.
Key Metrics
The current valuation score of Cytek Biosciences Inc is 8.56, ranking 17 out of 205 in the Healthcare Equipment & Supplies industry. Its current P/E ratio is -43.53, which is -1715.76% below the recent high of 703.39 and -1621.38% above the recent low of -749.38.
The current earnings forecast score of Cytek Biosciences Inc is 6.50, ranking 166 out of 205 in the Healthcare Equipment & Supplies industry. The average price target is 5.75, with a high of 7.50 and a low of 4.00.
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 Cytek Biosciences Inc is 6.38, ranking 152 out of 205 in the Healthcare Equipment & Supplies industry. Currently, the stock price is trading between the resistance level at 5.56 and the support level at 3.87, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Cytek Biosciences Inc is 7.00, ranking 80 out of 205 in the Healthcare Equipment & Supplies industry. The latest institutional shareholding proportion is 70.83%, representing a quarter-over-quarter decrease of 0.20%. The largest institutional shareholder is The Vanguard, holding a total of 7.48M shares, representing 5.85% of shares outstanding, with 22.83% decrease 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 Cytek Biosciences Inc is 4.63, ranking 101 out of 205 in the Healthcare Equipment & Supplies industry. The company's beta value is 1.31. 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.
