Natera Inc (NTRA) stock price forecast predicts $114.77 value

A share price of Natera Inc [NTRA] is currently trading at $124.74, up 3.34%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NTRA shares have gain 3.99% over the last week, with a monthly amount drifted -1.74%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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.

Natera Inc experienced fluctuations in its stock price throughout the past year between $36.90 and $133.54. Currently, Wall Street analysts expect the stock to reach $114.77 within the next 12 months. Natera Inc [NASDAQ: NTRA] shares were valued at $124.74 at the most recent close of the market. An investor can expect a potential drop of -7.99% based on the average NTRA price forecast.

Analyzing the NTRA fundamentals

Trailing Twelve Months sales for Natera Inc [NASDAQ:NTRA] were 1.36B which represents 58.13% growth. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at -0.23%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is -0.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.19, Equity is -0.37 and Total Capital is -0.26. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.45.

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 120.75 points at the first support level, and at 116.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 127.27, and for the 2nd resistance point, it is at 129.81.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Natera Inc [NASDAQ:NTRA] is 4.14. Further, the Quick Ratio stands at 4.01, while the Cash Ratio is 2.53. Considering the valuation of this stock, the price to sales ratio is 11.34, the price to book ratio is 18.40.

Transactions by insiders

Recent insider trading involved MICHAEL BURKES BROPHY, Officer, that happened on Oct 29 ’24 when 754.0 shares were purchased. CHIEF FINANCIAL OFFICER, Brophy Michael Burkes completed a deal on Oct 24 ’24 to sell 914.0 shares. Meanwhile, CHIEF FINANCIAL OFFICER Brophy Michael Burkes sold 691.0 shares on Oct 25 ’24.

Related Posts