At the time of writing, Natera Inc [NTRA] stock is trading at $103.00, up 0.60%. An important factor to consider is whether the stock is rising or falling in short-term value. The NTRA shares have gain 0.83% over the last week, with a monthly amount drifted -6.96%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
On February 20, 2024, downgrade downgraded it’s rating to Outperform and revised its price target to $85 on the stock. BTIG Research reiterated its Buy rating and increased its price target to $85 on December 29, 2023. Guggenheim initiated its recommendation with a Buy and recommended $70 as its price target on December 14, 2023. Wolfe Research started tracking with a Outperform rating for this stock on December 13, 2023, and assigned it a price target of $70. In a note dated November 13, 2023, Raymond James upgraded an Strong Buy rating on this stock but restated the target price of $68.
For the past year, the stock price of Natera Inc fluctuated between $36.90 and $117.23. Currently, Wall Street analysts expect the stock to reach $107 within the next 12 months. Natera Inc [NASDAQ: NTRA] shares were valued at $103.00 at the most recent close of the market. An investor can expect a potential return of 3.88% based on the average NTRA price forecast.
Analyzing the NTRA fundamentals
According to Natera Inc [NASDAQ:NTRA], the company’s sales were 1.21B for trailing twelve months, which represents an 52.11% jump. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at -0.32%, Pretax Profit Margin comes in at -0.3%, and Net Profit Margin reading is -0.3%. To continue investigating profitability, this company’s Return on Assets is posted at -0.25, Equity is -0.5 and Total Capital is -0.33. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.47.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 101.53 points at the first support level, and at 100.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 105.24, and for the 2nd resistance point, it is at 107.47.
Ratios To Look Out For
It is important to note that Natera Inc [NASDAQ:NTRA] has a current ratio of 4.12. On the other hand, the Quick Ratio is 3.98, and the Cash Ratio is 2.66. Considering the valuation of this stock, the price to sales ratio is 10.47, the price to book ratio is 15.85.
Transactions by insiders
Recent insider trading involved MICHAEL BURKES BROPHY, Officer, that happened on Jul 31 ’24 when 1866.0 shares were purchased. CHIEF FINANCIAL OFFICER, Brophy Michael Burkes completed a deal on Jul 31 ’24 to sell 1866.0 shares. Meanwhile, CEO AND PRESIDENT Chapman Steven Leonard sold 4084.0 shares on Jul 29 ’24.
