Zacks Sector Rank Education -- Learn more about the Zacks Sector Rank. Conquering Cancer with Data We’re developing blood tests for early detection in high-risk populations and recurrence monitoring in cancer survivors. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). The 1 week price change reflects the collective buying and selling sentiment over the short-term. Our testing substantiates this with the optimum range for price performance between 0-20. 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. 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. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. Revenue was $60.8 million, a 181% increase from a year ago. Growth Style - Learn more about the Growth Style. How Guardant Health is supporting cancer care during the pandemic. A sector 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. The 52 week price change is a good reference point. 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. 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. Click here to get the full story… along with our long list of backdoor Bitcoin strategies. Investors like this metric as it shows how a company finances its operations, i.e., what percentage is financed thru shareholder equity or debt. Aside from using absolute numbers, however, you can also find value by comparing the P/E ratio to its relevant industry and its peers. 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. As an up-and-coming company, Guardant Health's growth prospects appear to be greater than Illumina's. That does not mean that all companies with large growth rates will have a favorable Growth Score. Cash flow can be found on the cash flow statement. Like earnings, a higher growth rate is better than a lower growth rate. The 4 Week Price Change displays the percentage price change for the most recently completed 4 weeks (20 trading days). If, on the other hand, it went from $1.00 to 90 cents, that would be a -10% change in the consensus estimate revision. These returns cover a period from January 1, 1988 through January 4, 2021. Return on Total Capital for GH is now -11.48, given the latest momentum, and Return on Invested Capital for the company is -11.38. ZacksTrade and Zacks.com are separate companies. Like the P/E ratio, a lower number is considered better. If you do not, click Cancel. 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. Developer of a comprehensive liquid biopsy technology designed to screen and diagnose cancer. There are presently around $13,585 million, or 79.60% of GH stock, in the hands of institutional investors. 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. BUY Price Targe $125 For the first quarter ended March 31, Guardant Health reported $67.5 million in sales and a net loss of 29 cents per share. This shows the percentage of profit a company earns on its sales. But, typically, an aggressive growth trader will be interested in the higher growth rates. Price GH stock had 65 new institutional investments in for a total of 2,619,669 shares, while 45 institutional investors sold positions of 1,951,376 shares during the same period. It is the most commonly used metric for determining a company's value relative to its earnings. It's typically categorized as a valuation metric and is most often quoted as Cash Flow per Share and as a Price to Cash flow ratio. The company's average rating score is 3.00, and is based on 9 buy ratings, no hold ratings, and no sell ratings. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. Cash Flow is net income plus depreciation and other non-cash charges. The 12 Week Price Change displays the percentage price change over the most recently completed 12 weeks (60 days). The analyzed items go beyond simple trend analysis. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 12.90%. So, when comparing one stock to another in a different industry, it's best make relative comparisons to that stock's respective industry values. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank, Industry: Medical - Biomedical and Genetics. The Momentum Score takes all of this and more into account. 2.5 Analyst's Opinion Consensus Rating Guardant Health has received a consensus rating of Buy. Copyright 2021 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Guardant Health, Inc. (GH), a company providing cancer screening tests, has seen its top-line rising exponentially in recent quarters amid growing margins. (Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets.) A P/B of 1 means it's selling at its per share book value. 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%. A ratio under 40% is generally considered to be good.But note; this ratio can vary widely from industry to industry. Seeing how a company makes use of its equity, and the return generated on it, is an important measure to look at. A ratio of 2 means its assets are twice that of its liabilities. 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. 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. Conventional wisdom also has it that if the yield on the stock market (S&P 500 for example) is lower that the yield on the 10 Yr., then stocks would be considered overvalued. Earnings estimate revisions are the most important factor influencing stocks prices. NYSE and AMEX data is at least 20 minutes delayed. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Use the Zacks Rank and Style Scores to find out is GH is right for your portfolio. To learn more, click here. 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. But, it's made even more meaningful when looking at the longer-term 4 week percent change. The Price to Earnings ratio or P/E is price divided by earnings. 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. This is a medium-term price change metric (like the 4 week price change). Guardant Health Inc. is a precision oncology company. Date Type Description 02/24/2021 Earnings Guardant Health Inc Fourth Quarter Earnings for 2020 For example, a regional bank would be classified in the Finance Sector. A D/E ratio of 2 might be par for the course in one industry, while 0.50 would be considered normal for another. 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. It measures a company's ability to pay short-term obligations. This is also commonly referred to as the Asset Utilization ratio. A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). 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. The Cash/Price ratio is calculated as cash and marketable securities per share divided by the stock price. Less than 1 means its liabilities exceed its short-term assets (cash, inventory, receivables, etc.). 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. Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. In depth view into GH (Guardant Health) stock including the latest price, news, dividend history, earnings information and financials. Long-Term Debt to Equity for the company is recorded at 5.03, with the Long-Term Debt to Total Capital now at 4.75. 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. are strong. Guardant Portal Request a Kit Guardant Portal Request a Kit How do you treat at the speed of cancer? Guardant Health Inc. is a precision oncology company. 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. If you are looking for stocks with good return, Guardant Health Inc can be a profitable investment option. 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. Is Guardant Health, Inc. (NASDAQ:GH) a splendid stock to buy now? Many other growth items are considered as well. Others will look for a pullback on the week as a good entry point, assuming the longer-term price changes (4 week, 12 weeks, etc.) It focuses on conquer cancer through use of proprietary blood tests, vast data sets and advanced analytics. The Momentum Scorecard focuses on price and earnings momentum and indicates when the timing is right to enter a stock. And like the P/E ratio, a lower number is typically considered 'better' than a higher number. A ratio of 1 means a company's assets are equal to its liabilities. 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. 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. In the last year Guardant Health saw its revenue grow by 77%. A higher number is better than a lower one as it shows how effective a company is at generating revenue from its assets. 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. Guardant's third-quarter earnings numbers released Nov. 7 were impressive. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. Guardant Health, Inc. (GH) Quote Overview, Guardant Health (GH) Reports Q3 Loss, Tops Revenue Estimates, Analysts Estimate Guardant Health (GH) to Report a Decline in Earnings: What to Look Out for, 7 Diagnostic and Genomic Stocks Storming Into October, Guardant Health (GH) Reports Q2 Loss, Tops Revenue Estimates. A 'good' number would usually fall within the range of 1.5 to 3. Stifel have made an estimate for Guardant Health Inc. shares This item is updated at 9 pm EST each day. Net Margin is defined as net income divided by sales. Growth traders and investors will tend to look for growth rates of 20% or higher. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. With this latest performance, GH shares gained by 30.30% in over the last four-week period, additionally plugging by 92.10% over the last 6 months – not to mention a rise of 91.11% in the past year of trading. Year-to-date, Guardant Health Inc. (NASDAQ: GH ) stock gained 58.9% and on December 7th it had a closing price of $124.15. The Earnings Yield (also known as the E/P ratio) measures the anticipated yield (or return) an investment in a stock could give you based on the earnings and the price paid. 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. The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change. NASDAQ data is at least 15 minutes delayed. A value under 20 is generally considered good. EBITDA, as the acronym depicts, is earnings before interest, taxes, depreciation and amortization. The Projected Sales Growth (F1/F0) looks at the estimated growth rate for the current year. The median P/B ratio for stocks in the S&P is just over 3. How good is it? For one, part of trading is being able to get in and out of a stock easily. A D/E ratio of 1 means its debt is equivalent to its common equity. The Price to Sales ratio or P/S is calculated as price divided by sales. Momentum Style - Learn more about the Momentum Style. Zacks Rank Education -- Learn more about the Zacks Rank The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Within the Finance Sector, it would fall into the M Industry of Banks & Thrifts. Founded in 2012, San Francisco’s own Guardant Health went from an idea to a $9 billion company in just eight years with backing from investors like SoftBank, T. Rowe Price, Khosla, and Sequoia. 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