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FLGT - Fulgent Genetics: How Cash Could Be Deployed And Underlying Implications
May, 10 2021 09:19 AM
Fulgent Genetics Inc.
Fulgent's Q2 2021 guidance is strong, but that implies that H2 2021 will not be very alluring. Bears are too dismissive of Fulgent's approximately $1 billion in cash on its balance sheet by year-end. A lot of moving parts and substantially, uncertainty remains, namely what sort of profit margins could its non-COVID NGS business have? For further details see:
Fulgent Genetics: How Cash Could Be Deployed And Underlying Implications
Stock Information
Company Name:
Fulgent Genetics Inc.
Stock Symbol:
FLGT
Market:
NASDAQ
Website:
fulgentgenetics.com
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