That’s why I Feel Comfortable With Caredx Inc’s (CDNA) Future

A share price of Caredx Inc [CDNA] is currently trading at $11.91, up 0.89%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CDNA shares have lost -40.81% over the last week, with a monthly amount drifted -38.96%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Caredx Inc [NASDAQ: CDNA] stock has seen the most recent analyst activity on January 15, 2025, when Wells Fargo upgraded its rating to a Equal Weight and also revised its price target to $24 from $28. Previously, Wells Fargo started tracking the stock with Underweight rating on August 28, 2024, and set its price target to $28. On August 19, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $40 on the stock. Raymond James downgraded its rating to a Mkt Perform. Craig Hallum upgraded its rating to a Buy but $15 remained the price target by the analyst firm on May 01, 2024. Stephens upgraded its rating to Overweight for this stock on November 09, 2023, but kept the price target unchanged to $10. In a note dated August 15, 2023, Raymond James upgraded an Outperform rating on this stock but restated the target price of $12.

Caredx Inc experienced fluctuations in its stock price throughout the past year between $10.96 and $34.84. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. Caredx Inc [NASDAQ: CDNA] shares were valued at $11.91 at the most recent close of the market. An investor can expect a potential return of 109.91% based on the average CDNA price forecast.

Analyzing the CDNA fundamentals

Trailing Twelve Months sales for Caredx Inc [NASDAQ:CDNA] were 346.42M which represents 17.54% growth. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.18 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.

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 11.59 points at the first support level, and at 11.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.48, and for the 2nd resistance point, it is at 13.05.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Caredx Inc [NASDAQ:CDNA] is 4.11. Also, the Quick Ratio is 3.84, while the Cash Ratio stands at 1.04. Considering the valuation of this stock, the price to sales ratio is 1.92, the price to book ratio is 1.74 and price to earnings (TTM) ratio is 10.34.

Transactions by insiders

Recent insider trading involved Maag Peter, Director, that happened on Jul 07 ’25 when 10000.0 shares were sold. Director, Valantine Hannah completed a deal on Jun 18 ’25 to sell 10570.0 shares. Meanwhile, Director Maag Peter sold 10000.0 shares on Jun 17 ’25.

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