Castle Biosciences, Inc. (CSTL)

NASDAQ: CSTL · Real-Time Price · USD
28.45
-0.42 (-1.45%)
Nov 20, 2024, 4:00 PM EST - Market closed
-1.45%
Market Cap 796.81M
Revenue (ttm) 311.88M
Net Income (ttm) 6.08M
Shares Out 28.01M
EPS (ttm) 0.21
PE Ratio 135.24
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 302,277
Open 28.80
Previous Close 28.87
Day's Range 27.68 - 28.80
52-Week Range 16.97 - 35.84
Beta 0.98
Analysts Strong Buy
Price Target 37.57 (+32.06%)
Earnings Date Nov 4, 2024

About CSTL

Castle Biosciences, Inc., a molecular diagnostics company, provides testing solutions for the diagnosis and treatment of dermatologic cancers, Barrett’s esophagus, uveal melanoma, and mental health conditions. It offers DecisionDx-Melanoma, a risk stratification gene expression profile (GEP) test to identify the risk of metastasis for patients diagnosed with invasive cutaneous melanoma; DecisionDx-SCC, a proprietary risk stratification GEP test for patients with cutaneous squamous cell carcinoma; MyPath Melanoma, a test used for patients with d... [Read more]

Sector Healthcare
IPO Date Jul 25, 2019
Employees 610
Stock Exchange NASDAQ
Ticker Symbol CSTL
Full Company Profile

Financial Performance

In 2023, Castle Biosciences's revenue was $219.79 million, an increase of 60.38% compared to the previous year's $137.04 million. Losses were -$57.47 million, -14.41% less than in 2022.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for CSTL stock is "Strong Buy." The 12-month stock price forecast is $37.57, which is an increase of 32.06% from the latest price.

Price Target
$37.57
(32.06% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Castle Biosciences to Present at the Piper Sandler 36th Annual Healthcare Conference

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #CastleBiosciences--Castle's executive management will present a company overview at the Piper Sandler 36th Annual Healthcare Conference on Dec. 4, 2024, ...

1 day ago - Business Wire

Castle Biosciences Earns a Houston Chronicle Top Workplaces Award for the Fourth Consecutive Year

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #CastleBiosciences--Castle has been named a Houston Top Workplace by the Houston Chronicle for the 4th straight year and has earned 3 national Culture Exc...

2 days ago - Business Wire

Castle Biosciences to Present New Data Highlighting the Clinical Performance of DecisionDx®-Melanoma and MyPath® Melanoma at the American Society of Dermatopathology 61st Annual Meeting

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #ASDP24--Castle will share new data highlighting the clinical performance of its DecisionDx-Melanoma and MyPath Melanoma tests at the ASDP 61st Annual Mee...

13 days ago - Business Wire

Castle Biosciences Surpasses 25,000 Test Reports Delivered for its TissueCypher® Barrett's Esophagus Test

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #CastleBiosciences--Castle's TissueCypher Barrett's Esophagus test surpassed 25,000 test reports delivered since the Company acquired the test at the end ...

14 days ago - Business Wire

Use of Castle Biosciences' DecisionDx®-Melanoma Test Significantly Reduces Unnecessary SLNB Procedures, Latest Findings from Prospective, Multicenter DECIDE Study Presented at Dermato-Onco2024

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #CSTL--New data demonstrates Castle's DecisionDx-Melanoma test can accurately identify patients with a low risk of metastasis who can safely forgo SLNB.

15 days ago - Business Wire

Castle Biosciences, Inc. (CSTL) Q3 2024 Earnings Call Transcript

Castle Biosciences, Inc. (NASDAQ:CSTL) Q3 2024 Earnings Conference Call November 4, 2024 4:30 PM ET Company Participants Camilla Zuckero - VP, IR and Corporate Affairs Derek Maetzold - Founder, Presi...

16 days ago - Seeking Alpha

Castle Biosciences Reports Third Quarter 2024 Results

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #CSTL--Castle Biosciences, Inc. (Nasdaq: CSTL), a company improving health through innovative tests that guide patient care, today announced its financial...

16 days ago - Business Wire

Castle Biosciences Presents Award-Winning Abstract at ACG 2024 Demonstrating Ability of Its TissueCypher® Test to Significantly Reduce Healthcare Costs Associated with the Management of Barrett's Esophagus Patients

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #ACG2024--New data at ACG 2024 demonstrates ability of TissueCypher to significantly reduce healthcare costs associated with management of Barrett's esoph...

22 days ago - Business Wire

Castle Biosciences to Participate in Upcoming Investor Conferences

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #CastleBiosciences--Castle announces that its executive management is scheduled to present a company overview at three investor conferences in November.

24 days ago - Business Wire

Castle Biosciences Presents New Data at ASDS from Prospective, Multicenter CONNECTION Study Supporting Use of DecisionDx®-Melanoma to Guide SLNB Decisions in T1a Tumors with High-Risk Features and T1b Tumors

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #ASDS--Castle will share new data at ASDS supporting the clinical utility of its DecisionDx-Melanoma and DecisionDx-SCC tests.

4 weeks ago - Business Wire

Recent Publications Affirm the Value of Gene Expression Profile Testing in Guiding a Definitive Diagnosis and Clinical Decision-Making in Melanocytic Lesions of Uncertain Malignant Potential

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #CSTL--Castle announced the publication of two recent studies that provide further support for the clinical need of its MyPath® Melanoma GEP test.

5 weeks ago - Business Wire

Castle Biosciences to Release Third Quarter 2024 Financial Results and Host Conference Call on Monday, Nov. 4, 2024

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #CastleBiosciences--Castle will release financial results for the third quarter and nine months ended Sept. 30, 2024, after the close of market on Monday,...

5 weeks ago - Business Wire

Castle Biosciences to Support the 71st Annual Montagna Symposium on the Biology of the Skin

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #CastleBiosciences--Castle will sponsor the 71st Annual Montagna Symposium on the Biology of the Skin, hosted by the OHSU Dept of Dermatology, being held ...

5 weeks ago - Business Wire

New Prospective, Multicenter Study Presented at SMR Demonstrates Castle Biosciences' DecisionDx®-Melanoma Test Provides Significant Risk Prediction for Patients with Cutaneous Melanoma, Adding Value to Current Stage-Based Treatment Pathway Decisions

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #2024SMRCongress--Castle will present new data on DecisionDx-Melanoma and DecisionDx-UM at the 21st International Congress of the Society for Melanoma Res...

6 weeks ago - Business Wire

Castle Biosciences Hosts Groundbreaking Ceremony at Site of New Corporate Headquarters in Friendswood, Texas

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #CastleBiosciences--The company will hold a groundbreaking ceremony Oct. 22 to celebrate the recent construction start of its new corporate campus and off...

7 weeks ago - Business Wire

New Data at ASTRO 2024 Shows Castle Biosciences' DecisionDx®-SCC Test Provides More Precise Risk Stratification Than BWH Staging Alone to Guide Intensified Treatment for Immune Suppressed Patients with High-Risk Cutaneous Squamous Cell Carcinoma

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #ASTRO--Castle will share data at ASTRO24 showing its DecisionDx-SCC test can provide impactful risk stratification in high-risk SCC patient sub-populatio...

7 weeks ago - Business Wire

New Data at AFS 2024 Demonstrates the Strength of Castle Biosciences' TissueCypher® Test in Independently Predicting Risk of Developing Esophageal Cancer, Guiding Risk-Aligned Management Decisions for Patients with Barrett's Esophagus

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #AFS2024--Castle to share data at AFS 2024 showing TissueCypher independently predicts risk of progression to esophageal cancer in Barrett's esophagus pat...

2 months ago - Business Wire

Castle Biosciences' Chief Operating Officer Kristen Oelschlager Named Arizona Bioscience Leader of the Year

PHOENIX & FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #COO--Castle Biosciences' COO, Kristen Oelschlager, R.N., has been named the 2024 Jon W. McGarity Arizona Bioscience Leader of the Year by AZBio...

2 months ago - Business Wire

DecisionDx®-Melanoma Can Identify Melanoma Patients with Low Risk of Sentinel Lymph Node Positivity Who May Safely Forego Biopsy Surgery, New Independent Study Affirms

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #CSTL--New study supports ability of DecisionDx-Melanoma to predict SLN positivity risk to help improve patient selection for sentinel lymph node biopsies...

2 months ago - Business Wire

Study Confirms the Ability of Castle Biosciences' DecisionDx®-SCC Test to Predict Likelihood of Benefit from Adjuvant Radiation Therapy in Patients with High-Risk Cutaneous Squamous Cell Carcinoma

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #CSTL--Castle announced a new study further supporting use of its DecisionDx-SCC test in guiding decision-making related to the use of radiation therapy.

2 months ago - Business Wire

Castle Biosciences: Inflection Into Profitability

Castle Biosciences is a fast-growing molecular diagnostics company with a focus on prognostic tests for cancer and mental health patients. The company inflected into net income and operating profitabi...

3 months ago - Seeking Alpha

Castle Biosciences, Inc. (CSTL) Q2 2024 Earnings Call Transcript

Castle Biosciences, Inc. (NASDAQ:CSTL) Q2 2024 Earnings Conference Call August 5, 2024 4:30 PM ET Company Participants Camilla Zuckero - VP, IR & Corporate Affairs Derek Maetzold - Founder, President...

3 months ago - Seeking Alpha

Castle Biosciences Reports Second Quarter 2024 Results

FRIENDSWOOD, Texas--(BUSINESS WIRE)--Castle Biosciences, Inc. (Nasdaq: CSTL) today announced its financial results for the second quarter and six months ended June 30, 2024.

3 months ago - Business Wire

Castle Biosciences to Present at the Canaccord Genuity 44th Annual Growth Conference

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #CastleBiosciences--Castle's executive management will present a company overview at the Canaccord Genuity 44th Annual Growth Conference on Aug. 13, 2024,...

4 months ago - Business Wire

Castle Biosciences and Skin Cancer Survivor Teddi Mellencamp Arroyave Launch Campaign to Increase Awareness of Melanoma

FRIENDSWOOD, Texas--(BUSINESS WIRE)---- $CSTL #CSTL--Castle Biosciences and skin cancer survivor Teddi Mellencamp Arroyave launch campaign aimed at empowering patients impacted by melanoma.

4 months ago - Business Wire