The Momentum Scorecard table also displays the values for its respective Industry along with the values and Momentum Score of its three closest peers. The 1 week price change reflects the collective buying and selling sentiment over the short-term. Cash flow can be found on the cash flow statement. Historical EPS Growth Rate looks at the average annual (trailing 12 months) EPS growth rate over the last 3-5 years of actual earnings. But, it's made even more meaningful when looking at the longer-term 4 week percent change. The EV/EBITDA ratio is a valuation multiple and is often used in addition, or as an alternative, to the P/E ratio. In general, the lower the ratio is the better. Esquire Financial Holdings Inc. [ESQ] moved up 7.35: Why It’s Important. The Momentum Score takes all of this and more into account. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing. 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. Guardant Health, Inc. (Nasdaq: GH), along with leading academic institutions and pharmaceutical companies, will present data highlighting the clinical utility of Guardant Health’s proprietary blood tests to make a meaningful impact on patient care at the upcoming virtual 2021 American Society of Clinical Oncology (ASCO) Gastrointestinal Cancers Symposium being held January 15-17, 2021. In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). There are presently around $13,585 million, or 79.60% of GH stock, in the hands of institutional investors. A value greater than 1, in general, is not as good (overvalued to its growth rate). 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). These returns cover a period from January 1, 1988 through January 4, 2021. Earnings estimate revisions are the most important factor influencing stocks prices. Zacks Rank Education -- Learn more about the Zacks Rank By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms and Conditions of Service. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. This allows the investor to be as broad or as specific as they want to be when selecting stocks. The (Q1) EPS Estimate Monthly Change calculates the percentage change in the consensus earnings estimate for the current quarter (Q1) over the last 4 weeks. 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. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. The longer-term perspective helps smooth out short-term events. It measures a company's ability to pay short-term obligations. Year-to-date, Guardant Health Inc. (NASDAQ:GH) stock gained 58.9% and on December 7th it had a closing price of $124.15. It takes the consensus sales estimate for the current fiscal year (F1) divided by the sales for the last completed fiscal year (F0) (actual if reported, the consensus if not). 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. After the P/E ratio, it's one of the most common valuation metrics. The top three institutional holders of GH stocks are: SB INVESTMENT ADVISERS (UK) LTD with ownership of 14,037,960, which is approximately 0% of the company’s market cap and around 6.00% of the total institutional ownership; VANGUARD GROUP INC, holding 6,526,996 shares of the stock with an approximate value of $1.04 billion in GH stocks shares; and MORGAN STANLEY, currently with $1.01 billion in GH stock with ownership of nearly 5.623% of the company’s market capitalization. A Backdoor Way To Profit From Today’s Crypto Bull Market. There are 17 Sectors, 60 different M Industries, and 265 X Industries. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. The Growth Scorecard evaluates sales and earnings growth along with other important growth measures. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. 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. When evaluating a stock, it can be useful to compare it to its industry as a point of reference. As a point of reference, over the last 10 years, the median sales growth for the stocks in the S&P 500 was 14%. 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 This measure is expressed as a percentage. 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. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. Following their initial public offering in October of 2018, Guardant’s shares have steadily plodded upwards +155% … The Price to Earnings ratio or P/E is price divided by earnings. Visit www.zacksdata.com to get our data and content for your mobile app or website. The tested combination of price performance, and earnings momentum (both actual and estimate revisions), creates a powerful timeliness indicator to help you identify stocks on the move so you know when to get in and when to get out. 2.5 Analyst's Opinion Consensus Rating Guardant Health has received a consensus rating of Buy. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. If, on the other hand, it went from $1.00 to 90 cents, that would be a -10% change in the consensus estimate revision. Projected EPS Growth looks at the estimated growth rate for one year. 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. Guardant Health Inc quote is equal to 162.100 USD at 2021-01-22. Learn more about Zacks Equity Research reports. It's also commonly referred to as a 'liquidity ratio'. 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]. As an up-and-coming company, Guardant Health's growth prospects appear to be greater than Illumina's. It’s free. Many other growth items are considered as well. Investors use this metric to determine how a company's stock price stacks up to its intrinsic value. Since cash can't be manipulated like earnings can, it's a preferred metric for analysts. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A change in margin can reflect either a change in business conditions, or a company's cost controls, or both. 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. Join now to get the Newsheater.com pre-market morning brief 100% free. Delayed quotes by Sungard. Real time prices by BATS. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Guardant Health's biopsy-free blood test, Guardant360, is the first and only comprehensive noninvasive test for tumor sequencing in use by oncologists today. This includes personalizing content and advertising. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 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. Conquering Cancer with Data We’re developing blood tests for early detection in high-risk populations and recurrence monitoring in cancer survivors. How Guardant Health is supporting cancer care during the pandemic. Once again, cash flow is net income plus depreciation and other non-cash charges. An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. Zacks Style Scores Education - Learn more about the Zacks Style Scores. 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. Invest in proven BioTech companies like Guardant Health at SharesPost.com. The smart money was taking a bullish view. We use cookies to understand how you use our site and to improve your experience. Guardant's third-quarter earnings numbers released Nov. 7 were impressive. The income number is listed on a company's Income Statement. As the name suggests, it's calculated as sales divided by assets. This time period essentially shows you how the consensus estimate has changed from the time of their last earnings report. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. Net Margin is defined as net income divided by sales. The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change. It's used by investors as a measure of financial health. Additionally, 152 investors decreased positions by around 6,803,751 shares, while 47 investors held positions by with 70,211,303 shares. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Within the Finance Sector, it would fall into the M Industry of Banks & Thrifts. For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. If a company's expenses are growing faster than their sales, this will reduce their margins. Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. That does not mean that all companies with large growth rates will have a favorable Growth Score. 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. Zacks Style Scores Education - Learn more about the Zacks Style Scores. 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. 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. The 52 Week Price Change displays the percentage price change over the most recently completed 52 weeks (260 trading days). A ratio of 1 means a company's assets are equal to its liabilities. 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. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Overweight. 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. Should I buy Guardant Health, Inc. (GH)? A D/E ratio of 1 means its debt is equivalent to its common equity. We do not sell or share your information with anyone. For one, part of trading is being able to get in and out of a stock easily. 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. Cash is vital to a company in order to finance operations, invest in the business, pay expenses, etc. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 12.90%. The Price to Sales ratio or P/S is calculated as price divided by sales. If you wish to go to ZacksTrade, click OK. Use the Zacks Rank and Style Scores to find out is GH is right for your portfolio. This is also referred to as the cash yield. Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. 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. This is also useful to know when comparing a stock's daily volume (which can be found on a ticker's hover-quote) to that of its average volume. A strong cash flow is important for covering interest payments, particularly for highly leveraged companies. See the Full List of Stocks To Beat Earnings. Guardant Health's (NASDAQ: GH) liquid biopsy DNA screening tests are being used by oncologists to determine the appropriate cancer drugs for patients with advanced cancer. 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. But they all have their place in the Growth style. Seeing a company's projected sales growth instantly tells you what the outlook is for their products and services. Like most ratios, this number will vary from industry to industry. Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. The 20 day average establishes this baseline. Guardant Health Inc. (NASDAQ:GH) is a precision oncology company. Cash Flow is a measurement of a company's health. Since there is a fair amount of discretion in what's included and not included in the 'ITDA' portion of this calculation, it is considered a non-GAAP metric. While the one year change shows the current conditions, the longer look-back period shows how this metric has changed over time and helps put the current reading into proper perspective. This is a medium-term price change metric (like the 4 week price change). In general, a lower number or multiple is usually considered better that a higher one. The Zacks database contains over 10,000 stocks. Return on Equity (or ROE) is calculated as income divided by average shareholder equity (past 12 months, including reinvested earnings). 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. Less than 1 means its liabilities exceed its short-term assets (cash, inventory, receivables, etc.). The Price to Book ratio or P/B is calculated as market capitalization divided by its book value. Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. The number of long hedge fund bets increased by 9 recently. Guardant Health has successfully penetrated in the liquid biopsy market, though none of its products is FDA-approved Guardant360 test is a molecular diagnostic test measuring 73 cancer-related genes. 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. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Momentum Style - Learn more about the Momentum Style. 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 X Industry values displayed in this column are the median values for all of the stocks within their respective industry. Return on Equity for this stock declined to -11.81, with Return on Assets sitting at -9.76. Guardant Health Inc. is a precision oncology company. Like earnings, a higher growth rate is better than a lower growth rate. Guardant Health (GH), the market-leading liquid biopsy player, has been one of the many unfortunate victims of the COVID-19 pandemic. The company report on January 14, 2021 that Guardant Health to Present Data at ASCO Gastrointestinal Cancers Symposium Showing Value of Liquid Biopsy to Advance Precision Oncology in Early to Late-Stage Colorectal Cancer. If the volume is too light, in absolute terms or for a relatively large position, it could be difficult to execute a trade. Data is at generating revenue from its assets. ) whether a company 's cost controls, or company! Cash, inventory, receivables, etc. ) reimbursement for those that have recently seen positive earnings estimate Guardant... Your portfolio to access to the Zacks Rank and a critical part in effective stock evaluation,. Investor to be greater is guardant health a good buy its liabilities ( F1 ) the most important factor stocks... 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