The price of Natera Inc (NASDAQ: NTRA) closed at $91.87 in the last session, down -1.11% from day before closing price of $92.90. In other words, the price has decreased by -$1.03 from its previous closing price. On the day, 1517046 shares were traded.
Ratios:
We take a closer look at NTRA’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 15 ’24 when Chapman Steven Leonard sold 83,223 shares for $88.96 per share. The transaction valued at 7,403,534 led to the insider holds 232,004 shares of the business.
Sheena Jonathan sold 5,000 shares of NTRA for $443,492 on Mar 06 ’24. The CO-FOUNDER now owns 458,585 shares after completing the transaction at $88.70 per share. On Mar 05 ’24, another insider, Rabinowitz Matthew, who serves as the EXECUTIVE CHAIRMAN of the company, sold 190,000 shares for $87.40 each. As a result, the insider received 16,605,069 and left with 860,036 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 11.21B and an Enterprise Value of 10.77B. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.25 while its Price-to-Book (P/B) ratio in mrq is 14.35. Its current Enterprise Value per Revenue stands at 9.95 whereas that against EBITDA is -27.08.
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 75.17, while the 200-Day Moving Average is calculated to be 56.99.
Shares Statistics:
According to the various share statistics, NTRA traded on average about 1.52M shares per day over the past 3-months and 1.79M shares per day over the past 10 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 92.39% stake in the company. Shares short for NTRA as of Feb 29, 2024 were 8.55M with a Short Ratio of 5.62, 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 company has 15 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.71 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 -$2.19 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
According to 14 analysts, the current quarter’s revenue is expected to be $315.67M. It ranges from a high estimate of $329M to a low estimate of $303M. As of the current estimate, Natera Inc’s year-ago sales were $227.67M, an estimated increase of 38.70% from the year-ago figure. For the next quarter, 14 analysts are estimating revenue of $328.25M, an increase of 35.60% less than the figure of $38.70% in the same quarter last year. There is a high estimate of $334.69M for the next quarter, whereas the lowest estimate is $317.4M.
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 23.80% 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 18.00% from the average revenue estimate for this year.
