At the time of writing, Caredx Inc [CDNA] stock is trading at $13.85, up 1.39%. 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 gain 8.63% over the last week, with a monthly amount glided 13.34%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Wells Fargo upgraded its rating to Equal Weight on January 15, 2025, and dropped its price target to $24. On August 28, 2024, Wells Fargo initiated with a Underweight rating and assigned a price target of $28 on the stock. BTIG Research upgraded its rating to a Buy but stick to its price target of $40 on August 19, 2024. Raymond James downgraded its rating to a Mkt Perform. Craig Hallum upgraded its rating to Buy for this stock on May 01, 2024, but kept the price target unchanged to $15. In a note dated November 09, 2023, Stephens upgraded an Overweight rating on this stock but restated the target price of $10.
For the past year, the stock price of Caredx Inc fluctuated between $10.96 and $32.97. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. Caredx Inc [NASDAQ: CDNA] shares were valued at $13.85 at the most recent close of the market. An investor can expect a potential return of 80.51% based on the average CDNA price forecast.
Analyzing the CDNA fundamentals
According to Caredx Inc [NASDAQ:CDNA], the company’s sales were 340.83M for trailing twelve months, which represents an -6.06% plunge. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.15 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.09.
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 13.40 points at the first support level, and at 12.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.16, and for the 2nd resistance point, it is at 14.48.
Ratios To Look Out For
It is important to note that Caredx Inc [NASDAQ:CDNA] has a current ratio of 3.30. Also, the Quick Ratio is 3.00, while the Cash Ratio stands at 0.73. Considering the valuation of this stock, the price to sales ratio is 2.16, the price to book ratio is 2.25 and price to earnings (TTM) ratio is 13.56.
Transactions by insiders
Recent insider trading involved Novack Jeffrey Adam, Secretary and General Counsel, that happened on Aug 05 ’25 when 2688.0 shares were sold. Officer, Jeffrey Adam Novack completed a deal on Aug 05 ’25 to buy 2688.0 shares. Meanwhile, Director Maag Peter sold 10000.0 shares on Jul 07 ’25.
