Guardant Health Inc (NASDAQ:GH) price on current trading day, rose 5.45% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $46.24.
A look at the stock’s price movement, the close in the last trading session was $43.85, moving within a range at $42.62 and $46.92. The beta value (5-Year monthly) was 1.503. Turning to its 52-week performance, $50.89 and $15.81 were the 52-week high and 52-week low respectively. Overall, GH moved -4.21% over the past month.
Guardant Health Inc’s market cap currently stands at around $5.71 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-19.
Analysts have a consensus estimate of 189.96M for the company’s revenue for the quarter, with a low and high estimate of 186M and 199M respectively. The average forecast suggests up to a 12.74% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 855.41M, representing a 15.75% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GH is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
13 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 13 recommend GH as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
GH’s current price about 9.66% and 6.92% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 57.73, while 7-day volatility ratio is 7.20% and 7.84% in the 30-day chart. Further, Guardant Health Inc (GH) has a beta value of 1.44, and an average true range (ATR) of 3.17. Analysts have given the company’s stock an average 52-week price target of $52, forecast between a low of $52 and high of $52. Looking at the price targets, the low is -12.46% off current price level while to achieve the yearly target high, price needs to move -12.46%. Nonetheless, investors will most likely welcome a -12.46% jump to $52 which is the analysts’ median price.
If we refocus on Guardant Health Inc (NASDAQ:GH), historical trading data shows that trading volumes averaged 2.54 over the past 10 days and 2.36 million over the past 3 months. The company’s latest data on shares outstanding shows there are 123.99 million shares.
The 4.39% of Guardant Health Inc’s shares are in the hands of company insiders while institutional holders own 96.26% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 7.9 million on 2025-02-28, giving us a short ratio of 3.28. The data shows that as of 2025-02-28 short interest in Guardant Health Inc (GH) stood at 667.0000399999999 of shares outstanding, with shares short rising to 5.77 million registered in 2025-01-31. Current price change has pushed the stock 51.36% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GH stock continues to rise going into the next quarter.
