During the recent session, Natera Inc. (NASDAQ:NTRA)’s traded shares were 0.59 million, with the beta value of the company hitting 1.33. At the last check today, the stock’s price was $52.60, reflecting an intraday gain of 3.16% or $1.61. The 52-week high for the NTRA share is $129.09, that puts it down -145.42 from that peak though still a striking 50.38% gain since the share price plummeted to a 52-week low of $26.10. The company’s market capitalization is $4.91B, and the average intraday trading volume over the past 10 days was 1.18 million shares, and the average trade volume was 1.39 million shares over the past three months.
Natera Inc. (NTRA) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 1.70. NTRA has a Sell rating from 0 analyst(s) out of 11 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 9 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$1.5.
Natera Inc. (NASDAQ:NTRA) trade information
Natera Inc. (NTRA) registered a 3.16% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.16% in intraday trading to $52.60 this Thursday, 08/04/22, hitting a weekly high. The stock’s 5-day price performance is 6.61%, and it has moved by 35.22% in 30 days. Based on these gigs, the overall price performance for the year is -55.48%. The short interest in Natera Inc. (NASDAQ:NTRA) is 6.1 million shares and it means that shorts have 4.78 day(s) to cover.
The consensus price target of analysts on Wall Street is $79.91, which implies an increase of 34.18% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $54.00 and $117.00 respectively. As a result, NTRA is trading at a discount of -122.43% off the target high and -2.66% off the low.
Natera Inc. (NTRA) estimates and forecasts
Statistics show that Natera Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Natera Inc. (NTRA) shares have gone down -28.38% during the last six months, with a year-to-date growth rate less than the industry average at -10.94% against 0.40. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to shrink -13.60% this quarter and then jump 9.20% in the quarter after that. In the rating firms’ projections, revenue will increase 28.70% compared to the previous financial year.
Revenue for the current quarter is expected to be $193.7 million as predicted by 11 analyst(s). Meanwhile, a consensus of 11 analyst(s) estimates revenue growth to $202.47 million by the end of Sep 2022. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $142.03 million and $151.36 million respectively. In this case, analysts expect current quarter sales to grow by 36.40% and then jump by 33.80% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -21.80%. While earnings are projected to return -83.70% in 2022.
Natera Inc. is due to release its next quarterly earnings between February 23 and February 28. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Natera Inc. (NASDAQ:NTRA)’s Major holders
Natera Inc. insiders own 3.79% of total outstanding shares while institutional holders control 98.50%, with the float percentage being 102.38%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 412 institutions own stock in it. As of Mar 30, 2022, the company held over 7.78 million shares (or 8.08% of all shares), a total value of $316.66 million in shares.
The next largest institutional holding, with 6.45 million shares, is of Fred Alger Management, LLC’s that is approximately 6.69% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $262.22 million.
Also, the Mutual Funds coming in first place with the largest holdings of Natera Inc. (NTRA) shares are Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. Data provided on Mar 30, 2022 indicates that Vanguard Total Stock Market Index Fund owns about 2.49 million shares. This amounts to just over 2.58 percent of the company’s overall shares, with a $101.23 million market value. The same data shows that the other fund manager holds slightly less at 2.15 million, or about 2.24% of the stock, which is worth about $87.59 million.