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ME

23andMe Holding NasdaqGS:ME Stock Report

Last Price

US$3.73

Market Cap

US$1.7b

7D

23.9%

1Y

-56.7%

Updated

09 Aug, 2022

Data

Company Financials +
ME fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

ME Stock Overview

23andMe Holding Co. operates as a consumer genetics testing company.

23andMe Holding Co. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for 23andMe Holding
Historical stock prices
Current Share PriceUS$3.73
52 Week HighUS$13.68
52 Week LowUS$2.12
Beta0
1 Month Change21.90%
3 Month Change65.04%
1 Year Change-56.68%
3 Year Changen/a
5 Year Changen/a
Change since IPO-61.94%

Recent News & Updates

Aug 07

23andMe Q1 2023 Earnings Preview

23andMe (NASDAQ:ME) is scheduled to announce Q1 earnings results on Monday, August 8th, after market close. The consensus EPS Estimate is -$0.16 (+36.0% Y/Y) and the consensus Revenue Estimate is $61.6M (+4.0% Y/Y). Over the last 3 months, EPS estimates have seen 1 upward revision and 1 downward. Revenue estimates have seen 0 upward revisions and 1 downward.

Jun 15

23andMe: Holiday Miracles Not Enough, Growth Path Too Expensive

23andMe is a consumer-facing genetics testing company, one of the largest in terms of genetic databases. However, there are some glaring financial risks to consider if you want to invest in the company: slow test kit growth and profitability. New attempts to move towards drug development and primary care telehealth may drive revenues, it will continue to be unprofitable. For these reasons, I would recommend avoiding the company.

Shareholder Returns

MEUS HealthcareUS Market
7D23.9%1.8%0.3%
1Y-56.7%14.3%-13.5%

Return vs Industry: ME underperformed the US Healthcare industry which returned 13.5% over the past year.

Return vs Market: ME underperformed the US Market which returned -13% over the past year.

Price Volatility

Is ME's price volatile compared to industry and market?
ME volatility
ME Average Weekly Movement11.9%
Healthcare Industry Average Movement9.0%
Market Average Movement7.9%
10% most volatile stocks in US Market17.2%
10% least volatile stocks in US Market3.2%

Stable Share Price: ME is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: ME's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aAnne Wojcickihttps://www.23andme.com

23andMe Holding Co. operates as a consumer genetics testing company. It operates through two segments, Consumer & Research Services and Therapeutics. The Consumer & Research Services segment provides a suite of genetic reports, including information on customers’ genetic ancestral origins, personal genetic health risks, and chances of passing on certain rare carrier conditions to their children, as well as reports on how genetics can impact responses to medications based on genetic testing of a saliva sample through its spit kit.

23andMe Holding Co. Fundamentals Summary

How do 23andMe Holding's earnings and revenue compare to its market cap?
ME fundamental statistics
Market CapUS$1.68b
Earnings (TTM)-US$265.00m
Revenue (TTM)US$277.17m

6.1x

P/S Ratio

-6.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ME income statement (TTM)
RevenueUS$277.17m
Cost of RevenueUS$149.43m
Gross ProfitUS$127.74m
Other ExpensesUS$392.73m
Earnings-US$265.00m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.59
Gross Margin46.09%
Net Profit Margin-95.61%
Debt/Equity Ratio0%

How did ME perform over the long term?

See historical performance and comparison