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The closing price of Caredx Inc (NASDAQ: CDNA) was $18.83 for the day, down -6.23% from the previous closing price of $20.08. In other words, the price has decreased by -$6.23 from its previous closing price. On the day, 0.87 million shares were traded.
Ratios:
Our analysis of CDNA’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 52.03. For the most recent quarter (mrq), Quick Ratio is recorded 3.84 and its Current Ratio is at 4.11. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.06.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on January 15, 2025, Upgraded its rating to Equal Weight and sets its target price to $24 from $28 previously.
On August 28, 2024, Wells Fargo started tracking the stock assigning a Underweight rating and target price of $28.
BTIG Research Upgraded its Neutral to Buy on August 19, 2024, while the target price for the stock was maintained at $40.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 11 ’25 when WILLIAM HAGSTROM bought 19,391 shares for $19.90 per share.
HAGSTROM WILLIAM A sold 30,000 shares of CDNA for $523,413 on May 28 ’25. The Director now owns 53,979 shares after completing the transaction at $17.45 per share. On May 28 ’25, another insider, HAGSTROM WILLIAM A, who serves as the Director of the company, bought 30,000 shares for $17.63 each.
Valuation Measures:
As of this moment, Caredx’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.34, and their Forward P/E ratio for the next fiscal year is 114.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.03 while its Price-to-Book (P/B) ratio in mrq is 2.75.
Stock Price History:
Over the past 52 weeks, CDNA has reached a high of $34.84, while it has fallen to a 52-week low of $13.18. The 50-Day Moving Average of the stock is 7.77%, while the 200-Day Moving Average is calculated to be -15.84%.
Shares Statistics:
A total of 55.46M shares are outstanding, with a floating share count of 52.00M. Insiders hold about 6.61% of the company’s shares, while institutions hold 98.60% stake in the company.
Earnings Estimates
The dynamic stock of Caredx Inc (CDNA) is currently being evaluated by a team of 6.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is $0.17, with high estimates of $0.18 and low estimates of $0.15.
Analysts are recommending an EPS of between $0.64 and $0.56 for the fiscal current year, implying an average EPS of $0.6. EPS for the following year is $1.04, with 6.0 analysts recommending between $1.35 and $0.83.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 8 analysts. It ranges from a high estimate of $91.83M to a low estimate of $89.5M. As of the current estimate, Caredx Inc’s year-ago sales were $92.27MFor the next quarter, 8 analysts are estimating revenue of $94.72M. There is a high estimate of $95.63M for the next quarter, whereas the lowest estimate is $93.9M.
A total of 8 analysts have provided revenue estimates for CDNA’s current fiscal year. The highest revenue estimate was $373.88M, while the lowest revenue estimate was $369.6M, resulting in an average revenue estimate of $371.02M. In the same quarter a year ago, actual revenue was $333.79MBased on 8 analysts’ estimates, the company’s revenue will be $427.89M in the next fiscal year. The high estimate is $446.1M and the low estimate is $414.4M.
