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In the latest session, Natera Inc (NASDAQ: NTRA) closed at $90.33 up 0.01% from its previous closing price of $90.32. In other words, the price has increased by $0.01 from its previous closing price. On the day, 0.69 million shares were traded. NTRA stock price reached its highest trading level at $91.06 during the session, while it also had its lowest trading level at $89.06.
Ratios:
For a deeper understanding of Natera Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.96 and its Current Ratio is at 4.10. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.46.
On February 20, 2024, Raymond James Downgraded its rating to Outperform which previously was Strong Buy and also upped its target price recommendation from $68 to $85.
BTIG Research reiterated its Buy rating for the stock on December 29, 2023, while the target price for the stock was revised from $75 to $85.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 16 ’24 when Moshkevich Solomon sold 80,000 shares for $90.82 per share. The transaction valued at 7,265,651 led to the insider holds 117,560 shares of the business.
Chapman Steven Leonard sold 6,816 shares of NTRA for $634,797 on Apr 15 ’24. The CEO AND PRESIDENT now owns 227,710 shares after completing the transaction at $93.13 per share. On Apr 03 ’24, another insider, Sheena Jonathan, who serves as the CO-FOUNDER of the company, sold 26,700 shares for $92.47 each. As a result, the insider received 2,468,822 and left with 321,031 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NTRA now has a Market Capitalization of 10908069888 and an Enterprise Value of 10471074816. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.08 while its Price-to-Book (P/B) ratio in mrq is 14.11. Its current Enterprise Value per Revenue stands at 9.672 whereas that against EBITDA is -24.664.
Stock Price History:
The Beta on a monthly basis for NTRA is 1.39, which has changed by 0.66537607 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. Over the past 52 weeks, NTRA has reached a high of $98.82, while it has fallen to a 52-week low of $36.90. The 50-Day Moving Average of the stock is 6.86%, while the 200-Day Moving Average is calculated to be 49.00%.
Shares Statistics:
For the past three months, NTRA has traded an average of 1.49M shares per day and 1230870 over the past ten days. A total of 119.58M shares are outstanding, with a floating share count of 113.03M. Insiders hold about 6.40% of the company’s shares, while institutions hold 92.22% stake in the company. Shares short for NTRA as of 1711584000 were 6248239 with a Short Ratio of 4.20, compared to 1709164800 on 8547892. Therefore, it implies a Short% of Shares Outstanding of 6248239 and a Short% of Float of 5.510000000000001.
Earnings Estimates
Currently, 15 analysts are dedicated to thoroughly evaluating and rating the performance of Natera Inc (NTRA) in the stock market.On average, analysts expect EPS of -$0.7 for the current quarter, with a high estimate of -$0.63 and a low estimate of -$0.78, while EPS last year was -$1.23. The consensus estimate for the next quarter is -$0.62, with high estimates of -$0.55 and low estimates of -$0.7.
Analysts are recommending an EPS of between -$2.02 and -$2.53 for the fiscal current year, implying an average EPS of -$2.32. EPS for the following year is -$1.2, with 16 analysts recommending between -$0.57 and -$1.65.
Revenue Estimates
A total of 14 analysts believe the company’s revenue will be $316.31M this quarter.It ranges from a high estimate of $329M to a low estimate of $304.9M. As of the current estimate, Natera Inc’s year-ago sales were $227.67M, an estimated increase of 38.90% from the year-ago figure. For the next quarter, 14 analysts are estimating revenue of $328.26M, an increase of 35.60% less than the figure of $38.90% in the same quarter last year. There is a high estimate of $334.69M for the next quarter, whereas the lowest estimate is $318.29M.
A total of 16 analysts have provided revenue estimates for NTRA’s current fiscal year. The highest revenue estimate was $1.36B, while the lowest revenue estimate was $1.33B, resulting in an average revenue estimate of $1.34B. In the same quarter a year ago, actual revenue was $1.08B, up 23.90% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $1.58B in the next fiscal year. The high estimate is $1.75B and the low estimate is $1.5B. The average revenue growth estimate for next year is up 17.90% from the average revenue estimate for this year.
