Guardant Health (NASDAQ: GH) is one of 24 public companies in the “Medical laboratories” industry, but how does it weigh in compared to its competitors? We will compare Guardant Health to similar companies based on the strength of its dividends, profitability, institutional ownership, analyst recommendations, risk, earnings and valuation.
Institutional and Insider Ownership
69.5% of Guardant Health shares are held by institutional investors. Comparatively, 51.4% of shares of all “Medical laboratories” companies are held by institutional investors. 17.1% of shares of all “Medical laboratories” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
This table compares Guardant Health and its competitors top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Guardant Health||$90.64 million||-$85.06 million||-27.36|
|Guardant Health Competitors||$1.13 billion||$64.04 million||-2.38|
Guardant Health’s competitors have higher revenue and earnings than Guardant Health. Guardant Health is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This is a summary of recent recommendations and price targets for Guardant Health and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Guardant Health Competitors||180||638||746||46||2.41|
Guardant Health currently has a consensus price target of $82.25, suggesting a potential upside of 7.35%. As a group, “Medical laboratories” companies have a potential upside of 17.95%. Given Guardant Health’s competitors higher probable upside, analysts plainly believe Guardant Health has less favorable growth aspects than its competitors.
This table compares Guardant Health and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Guardant Health Competitors||-108.16%||-113.88%||-33.85%|
Guardant Health beats its competitors on 6 of the 11 factors compared.
Guardant Health Company Profile
Guardant Health, Inc., a precision oncology company, provides blood tests, data sets, and analytics in the United States and internationally. The company offers liquid biopsy tests for advanced stage cancer, such as Guardant360, a molecular diagnostic test that measures various cancer-related genes; and GuardantOMNI, a broader gene panel, including genes associated with homologous recombination repair deficiency and biomarkers for immuno-oncology applications. It also provides LUNAR-1 for minimal residual disease and recurrence detection in cancer survivors. In addition, the company is developing LUNAR-2 for early detection of cancer in higher risk individuals. Further, it offers development services, including companion diagnostic development and regulatory approval, clinical trial referral, and liquid biopsy testing development and support services to biopharmaceutical companies and medical institutions. Guardant Health, Inc. was incorporated in 2011 and is headquartered in Redwood City, California.
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