Natera Inc. (NASDAQ:NTRA) finished Thursday with an addition of $2.65 to close at $55.99, an upside of 4.97 percent. An average of 1,347,617 shares of common stock have been traded in the last five days. There was a gain of $4.62 in the past week, and it reached a new high 8 times over the past 12 months. The last 20 days have seen an average of 1,047,834 shares traded, while the 50-day average volume stands at 1,030,060.
NTRA stock has increased by 10.24% in the last month. The company shares reached their 1-month lowest point of $43.19 on 08/03/23. With the stock rallying to its 52-week high on 03/09/23, shares of the company touched a low of $34.00 and a high of $59.75 in 52 weeks. It has reached a new high 16 times so far this year and achieved 39.38% or $15.47 in price. In spite of this, the price is down -6.29% from the 52-week high.
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Insider Transactions
NTRA stock investors should be aware that Natera Inc. (NTRA) stock had its last reported insider trading activity 9 days ago on Aug 02. In this transaction, the insider spent $221,116. CO-FOUNDER, Sheena Jonathan, disposed of 1,000 shares at a price of $44.15 on Aug 02. The insider now owns more than $44,149 worth of shares. Prior to that, CHIEF FINANCIAL OFFICER Brophy Michael Burkes went on to Sale 2,347 shares at $46.58 each on Jul 25. An amount of $109,323 was transacted.
Valuation Metrics
Natera Inc. (NTRA) stock’s beta is 1.11. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 6.27, the price-to-book (PB) ratio at 9.62.
Financial Health
The quick ratio of Natera Inc. for the three months ended June 29 was 3.70, and the current ratio was 3.90, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.43 and a total debt to equity ratio of 0.56 for the quarter ending June 29. Natera Inc.’s EBITDA margin for the year ending June 29 is -61.11%, while its operating margin for the same period stands at -62.30%. Its gross profit as reported stood at $363.97 million compared to revenue of $820.22 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Natera Inc.’s return on assets was -45.80%.
Earnings Surprise
For the three-month period that ended June 29, Natera Inc. had $354.83 million in cash and short-term investments compared to $282.3 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$110.8 million in the quarter, while revenues of -$136.94 million were shrunk -31.0%. The analyst consensus anticipated Natera Inc.’s latest quarter earnings to come in at -$1.09 per share, but it turned out to be -$0.97, a 11.00% surprise. For the quarter, EBITDA amounted to -$106.32 million. Shareholders own equity worth $114.6 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Natera Inc. (NTRA) price momentum. RSI 9-day as of the close on 10 August was 75.48%, suggesting the stock is Overbought, with historical volatility in this time frame at 83.10%.
As of today, NTRA’s price is $52.99 +9.06% or $4.62 from its 5-day moving average. NTRA is currently trading +12.27% higher than its 20-day SMA and -1.10% lower than its 100-day SMA. However, the stock’s current price level is +18.11% above the SMA50 and +30.40% above the SMA200.
The stochastic %K and %D were 93.46% and 91.06%, respectively, and the average true range (ATR) was 2.41. With the 14-day stochastic at 99.76% and the average true range at 2.28, the RSI (14) stands at 68.46%. The stock has reached 3.89 on the 9-day MACD Oscillator while the 14-day reading was at 5.22.
Analyst Ratings
The consensus rating for Natera Inc. (NTRA) among analysts is Buy. According to current brokerage recommendations, 1 brokerage firm advise that investors sell NTRA, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 12 others rate it as a “buy”.
What is NTRA’s price target for the next 12 months?
Analysts predict a range of price targets between $34.00 and $117.00, with a median target of $71.00. Taking a look at these predictions, the average price target given by analysts for Natera Inc. (NTRA) stock is $73.87.
