As of Thursday close, Natera Inc.’s (NASDAQ:NTRA) stock was down -$1.87, moving down -3.80 percent to $47.29. The average number of shares traded per day over the past five days has been 1,362,940 shares. 1 time new highs have been achieved over the past 5 days, with a -$5.32 fall in that time frame. In the last twenty days, the average volume was 1,224,755, while in the previous 50 days, it was 1,101,196.
Since last month, NTRA stock retreated -12.02%. Shares of the company fell to $46.50 on 09/21/23, the lowest level in the past month. A 52-week high of $63.00 was reached on 09/01/23 after having rallying from a 52-week low of $34.00. Since the beginning of this year, NTRA’s stock price has risen by 17.72% or $7.12, and marked a new high 18 times. However, the stock has declined by -24.94% since its 52-week high.
NTRA stock investors should be aware that Natera Inc. (NTRA) stock had its last reported insider trading activity 16 days ago on Sep 06. Sheena Jonathan, the CO-FOUNDER of the company, disposed of 5,000 shares for $59.07 on Sep 06. It resulted in a $295,365 divestment by the insider. Sheena Jonathan sold 1,000 shares at an average price of $59.23 on Sep 06. The insider now owns 23,155 shares following the transaction. On Sep 01, CO-FOUNDER Sheena Jonathan sold 10,000 shares at $60.01 apiece. The transaction was valued at $600,062.
Valuation Metrics
The stock’s beta is 1.13. Besides these, the trailing price-to-sales (P/S) ratio of 6.19, the price-to-book (PB) ratio of 9.02.
Financial Health
In the three months ended June 29, Natera Inc.’s quick ratio stood at 3.70, while its current ratio was 3.80, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.47, and the total debt-to-equity ratio was 0.61. On the profitability front, the trailing twelve-month gross margin is 42.50% percent. In the year ended June 29, EBITDA margin amounted to -61.11%, whereas operating margins totaled -54.90%. Based on annual data, NTRA earned $363.97 million in gross profit and brought in $820.22 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -50.80%. Return on equity (ROE) for the past 12 months was -88.50%.
In Natera Inc.’s quarter-end financial report for June 29, it reported total debt of $282.3 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. NTRA’s revenue rose 24.18% to $241.76 million during the quarter, while net income inched up to $261.4 million. While analysts expected Natera Inc. to report -$1.09 quarterly earnings, the actual figure was -$0.97 per share, beating the consensus estimate by 11.00%. During the quarter, the company generated -$106.32 million in EBITDA. The liabilities of Natera Inc. were 651.75 million at the end of its most recent quarter ended June 29, and its total debt was $444.24 million. The value of shareholders’ equity is $114.6 million.
Technical Picture
This quick technical analysis looks at Natera Inc.’s (NTRA) price momentum. With a historical volatility rate of 31.21%, the RSI 9-day stood at 24.81% on 21 September.
With respect to its five-day moving average, the current Natera Inc. price is down by -10.11% percent or -$5.32. At present, NTRA shares trade -14.19% below its 20-day simple moving average and -6.76% percent below its 100-day simple moving average. However, the stock is currently trading approximately -7.49% below its SMA50 and +13.03% above its SMA200.
Stochastic coefficient K was 4.31% and Stochastic coefficient D was 4.67%, while ATR was 2.26. Given the Stochastic reading of 4.79% for the 14-day period, the RSI (14) reading has been calculated as 33.91%. As of today, the MACD Oscillator reading stands at -2.87, while the 14-day reading stands at -5.02.
Analyst Ratings
Natera Inc. (NTRA) has been rated Buy by analysts. According to 1 brokerage firm, NTRA is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Natera Inc. stock as buy, with 11 recommending it as overweight.
With a median target price of $75.00, the current consensus forecast for the stock is $34.00 – $117.00. Based on these forecasts, analysts predict Natera Inc. (NTRA) will achieve an average price target of $74.62.
