Home  »  Technologies   »  Natera Inc. (NASDAQ: NTRA): At Current Prices, Doe...

Natera Inc. (NASDAQ: NTRA): At Current Prices, Does It Make Sense To Wait?

Natera Inc. (NASDAQ:NTRA)’s traded shares stood at 1.1 million during the last session, with the company’s beta value hitting 1.18. At the close of trading, the stock’s price was $58.29, to imply an increase of 2.19% or $1.25 in intraday trading. The NTRA share’s 52-week high remains $59.75, putting it -2.5% down since that peak but still an impressive 53.08% since price per share fell to its 52-week low of $27.35. The company has a valuation of $7.02B, with an average of 1.73 million shares in intraday trading volume over the past 10 days and average of 1.50 million shares over the past 3 months.

Analysts have given a consensus recommendation of a Buy for Natera Inc. (NTRA), translating to a mean rating of 1.80. Of 14 analyst(s) looking at the stock, 1 analyst(s) give NTRA a Sell rating. 2 of those analysts rate the stock as Overweight while 0 advise Hold as 11 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -$1.43.

Do You Know The Best Place To Find Gains In Volatile Markets?

In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.

Click here for full details and to join for free.


Natera Inc. (NASDAQ:NTRA) trade information

After registering a 2.19% upside in the last session, Natera Inc. (NTRA) has traded red over the past five days. The stock hit a weekly high of 59.42 this Thursday, 03/16/23, jumping 2.19% in its intraday price action. The 5-day price performance for the stock is 1.34%, and 38.55% over 30 days. With these gigs, the year-to-date price performance is 45.11%. Short interest in Natera Inc. (NASDAQ:NTRA) saw shorts transact 6.32 million shares and set a 3.96 days time to cover.

Analysts on Wall Street suggest a consensus price target of $75.43, implying an increase of 22.72% to the stock’s current value. The extremes give us $29.00 and $117.00 for target low and target high price respectively. As such, NTRA has been trading -100.72% off suggested target high and 50.25% from its likely low.

Natera Inc. (NTRA) estimates and forecasts

Looking at statistics comparing Natera Inc. share performance against respective industry, we note that the company has outperformed competitors. Natera Inc. (NTRA) shares are 18.04% up over the last 6 months, with its year-to-date growth rate higher than industry average at 24.24% against -0.90%. Revenue is forecast to grow 3.40% this quarter before jumping 13.10% for the next one. The rating firms project that company’s revenue will grow 31.00% compared to the previous financial year.

Revenue forecast for the current quarter as set by 12 analysts is $215.55 million. Meanwhile, for the quarter ending Mar 2023, a total of 12 analyst(s) estimate revenue growth to $229.92 million.Earnings reports from the last fiscal year show that sales brought in $173.03 million and $194.13 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 24.60% before jumping 18.40% in the following quarter.

NTRA Dividends

Natera Inc. has its next earnings report out between May 03 and May 08. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Natera Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Natera Inc. (NASDAQ:NTRA)’s Major holders

Natera Inc. insiders hold 3.39% of total outstanding shares, with institutional holders owning 87.06% of the shares at 90.11% float percentage. In total, 87.06% institutions holds shares in the company, led by Fred Alger Management, LLC. As of Sep 29, 2022, the company held over 8.78 million shares (or 9.00% of shares), all amounting to roughly $384.8 million.

The next major institution holding the largest number of shares is Vanguard Group, Inc. (The) with 8.31 million shares, or about 8.52% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $364.26 million.

We also have Vanguard Total Stock Market Index Fund and Alger Small Cap Focus Fund as the top two Mutual Funds with the largest holdings of the Natera Inc. (NTRA) shares. Going by data provided on Sep 29, 2022, Vanguard Total Stock Market Index Fund holds roughly 2.6 million shares. This is just over 2.67% of the total shares, with a market valuation of $114.06 million. Data from the same date shows that the other fund manager holds a little less at 2.48 million, or 2.54% of the shares, all valued at about 116.3 million.

Leave a Comment

Your email address will not be published. Required fields are marked *

On Key

Related Posts