Natera, Inc. (NASDAQ:NTRA) has a beta value of 1.55 and has seen 453,800 shares traded in the last trading session. The company, currently valued at $7.29 Billion, closed the last trade at $85.4 per share which meant it gained $2.54 on the day or 3.07% during that session. The NTRA stock price is -5.42% off its 52-week high price of $90.03 and 80.25% above the 52-week low of $16.87. If we look at the company’s 10-day average daily trading volume, we find that it stood at 573.92 Million shares traded. The 3-month trading volume is 692.85 Million shares.
The consensus among analysts is that Natera, Inc. (NTRA) is a Buy stock at the moment, with a recommendation rating of 1.6. None of the analysts rate the stock as a Sell, while 1 rate it as Overweight. None out of 9 have rated it as a Hold, with 8 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.61.
Natera, Inc. (NASDAQ:NTRA) trade information
Sporting 3.07% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Friday, Nov 20 when the NTRA stock price touched $86.48- or saw a rise of 1.25%. Year-to-date, Natera, Inc. shares have moved 153.49%, while the 5-day performance has seen it change 3.13%. Over the past 30 days, the shares of Natera, Inc. (NASDAQ:NTRA) have changed 21.39%. Short interest in the company has seen 4.89 Million shares shorted with days to cover at 0.01.
Wall Street analysts have a consensus price target for the stock at $89.89, which means that the shares’ value could jump 5.26% from current levels. The projected low price target is $80 while the price target rests at a high of $95. In that case, then, we find that the current price level is +11.24% off the targeted high while a plunge would see the stock lose -6.32% from current levels.
Natera, Inc. (NTRA) estimates and forecasts
Figures show that Natera, Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained +97.39% over the past 6 months, with this year growth rate of 40.78%, compared to 9.5% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -38.6% and -28.9% for the next quarter. Revenue growth from the last financial year stood is estimated to be +27.2%.
8 analysts offering their estimates for the company have set an average revenue estimate of $105.64 Million for the current quarter. 8 have an estimated revenue figure of $107.6 Million for the next quarter concluding in March 01, 2021. Year-ago sales stood $83.24 Million for this quarter, and analysts expect sales will grow by 26.9% for the current quarter.
Earnings growth for 2020 is a modest +19%.
Natera, Inc. (NASDAQ:NTRA)’s Major holders
Insiders own 4.13% of the company shares, while shares held by institutions stand at 99.11% with a share float percentage of 103.37%. Investors are also buoyed by the number of investors in a company, with Natera, Inc. having a total of 361 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 7.15 Million shares worth more than $516.64 Million. As of September 29, 2020, Vanguard Group, Inc. (The) held 8.38% of shares outstanding.
The other major institutional holder is Fred Alger Management, LLC, with the holding of over 5.56 Million shares as of September 29, 2020. The firm’s total holdings are worth over $401.53 Million and represent 6.51% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Alger Small Cap Focus Fund and Vanguard Total Stock Market Index Fund. As of July 30, 2020, the former fund manager holds about 3.17% shares in the company for having 2705321 shares of worth $129.91 Million while later fund manager owns 2.03 Million shares of worth $101.05 Million as of June 29, 2020, which makes it owner of about 2.37% of company’s outstanding stock.