The closing price of Natera Inc (NASDAQ: NTRA) was $87.71 for the day, down -1.41% from the previous closing price of $88.96. In other words, the price has decreased by -$1.25 from its previous closing price. On the day, 1408013 shares were traded. NTRA stock price reached its highest trading level at $89.15 during the session, while it also had its lowest trading level at $86.51.
Ratios:
Our analysis of NTRA’s different ratios will help us gain a deeper understanding of the company. 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.
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, Raymond James on February 20, 2024, Downgraded its rating to Outperform and sets its target price to $85 from $68 previously.
On December 29, 2023, BTIG Research reiterated its Buy rating and also lowered its target price recommendation from $75 to $85.
On December 14, 2023, Guggenheim started tracking the stock assigning a Buy rating and target price of $70.Guggenheim initiated its Buy rating on December 14, 2023, with a $70 target price.
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 Mar 06 ’24 when Sheena Jonathan sold 5,000 shares for $88.70 per share. The transaction valued at 443,492 led to the insider holds 458,585 shares of the business.
Rabinowitz Matthew sold 190,000 shares of NTRA for $16,605,069 on Mar 05 ’24. The EXECUTIVE CHAIRMAN now owns 860,036 shares after completing the transaction at $87.40 per share. On Mar 05 ’24, another insider, Chapman Steven Leonard, who serves as the CEO AND PRESIDENT of the company, sold 9,326 shares for $88.36 each. As a result, the insider received 824,092 and left with 246,957 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 10.59B and an Enterprise Value of 10.15B. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.78 while its Price-to-Book (P/B) ratio in mrq is 13.70. Its current Enterprise Value per Revenue stands at 9.38 whereas that against EBITDA is -25.53.
Stock Price History:
Over the past 52 weeks, NTRA has reached a high of $93.48, while it has fallen to a 52-week low of $36.90. The 50-Day Moving Average of the stock is 72.30, while the 200-Day Moving Average is calculated to be 55.91.
Shares Statistics:
NTRA traded an average of 1.49M shares per day over the past three months and 1.61M shares per day over the past ten days. A total of 119.58M shares are outstanding, with a floating share count of 112.88M. Insiders hold about 6.52% of the company’s shares, while institutions hold 92.38% stake in the company. Shares short for NTRA as of Feb 29, 2024 were 8.55M with a Short Ratio of 5.75, compared to 7.84M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.08% and a Short% of Float of 7.54%.
Earnings Estimates
The firm’s stock currently is rated by 14 analysts. On average, analysts expect EPS of -$0.71 for the current quarter, with a high estimate of -$0.65 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 -$2.19 and -$2.53 for the fiscal current year, implying an average EPS of -$2.34. EPS for the following year is -$1.21, with 16 analysts recommending between -$0.57 and -$1.65.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 14 analysts. It ranges from a high estimate of $329M to a low estimate of $299M. As of the current estimate, Natera Inc’s year-ago sales were $227.67M, an estimated increase of 37.70% from the year-ago figure. For the next quarter, 14 analysts are estimating revenue of $326.18M, an increase of 34.80% less than the figure of $37.70% in the same quarter last year. There is a high estimate of $334.69M for the next quarter, whereas the lowest estimate is $305M.
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 $1.28B, resulting in an average revenue estimate of $1.34B. In the same quarter a year ago, actual revenue was $1.08B, up 23.40% 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 $1.48B. The average revenue growth estimate for next year is up 18.20% from the average revenue estimate for this year.
