Guardant Health (NASDAQ: GH) is one of 24 publicly-traded companies in the “Medical laboratories” industry, but how does it contrast to its peers? We will compare Guardant Health to similar businesses based on the strength of its dividends, analyst recommendations, institutional ownership, valuation, risk, profitability and earnings.
Insider and Institutional 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 hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Valuation & Earnings
This table compares Guardant Health and its peers 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 peers have higher revenue and earnings than Guardant Health. Guardant Health is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
This is a summary of recent ratings for Guardant Health and its peers, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Guardant Health Competitors||180||638||746||46||2.41|
Guardant Health presently has a consensus price target of $82.25, indicating a potential upside of 7.35%. As a group, “Medical laboratories” companies have a potential upside of 17.95%. Given Guardant Health’s peers higher possible upside, analysts plainly believe Guardant Health has less favorable growth aspects than its peers.
This table compares Guardant Health and its peers’ 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 peers 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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