Published on 23 Mar 2023 on Simply Wall St. via Yahoo Finance
Estimating The Intrinsic Value Of Veracyte, Inc. (NASDAQ:VCYT)
Key Insights
Using the 2 Stage Free Cash Flow to Equity, Veracyte fair value estimate is US$20.37Current share price of US$21.83 suggests Veracyte is potentially trading close to its fair value Analyst price target for VCYT is US$31.67, which is 55% above our fair value estimate
How far off is Veracyte, Inc. (NASDAQ:VCYT) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by taking the expected future cash flows and discounting them to their present value. We will take advantage of the Discounted Cash Flow (DCF) model for this purpose. There's really not all that much to it, even though it might appear quite complex.