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Stock impact report

Assessing Guardant Health (GH) Valuation After FDA Guardant360 CDx Approval And New Merck Collaboration [Yahoo! Finance]

Guardant Health, Inc. (GH) 
Last guardant health, inc. earnings: 2/24 04:03 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Guardant Health (GH) is back in focus after the FDA approved its Guardant360 CDx liquid biopsy as a companion diagnostic for BRAF V600E-mutant metastatic colorectal cancer and the company announced a multi-year collaboration with Merck. See our latest analysis for Guardant Health. These regulatory and partnership updates come after a strong run, with the latest share price at $114.04, a 30 day share price return of 11.65% and a 1 year total shareholder return of 142.74%. However, the 5 year total shareholder return of 29.86% loss shows the longer term journey has been much more volatile. If Guardant's story has your attention, it could be a good moment to look across the sector and check out healthcare stocks as potential next ideas. With the shares already up sharply over the past year, a fresh FDA approval, a new Merck collaboration and an estimated intrinsic discount of about 23% now on the table, is this a genuine opening, or is the market already pricing in future growth Show less Read more
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