The stock of Natera Inc (NASDAQ: NTRA) has increased by 1.63 when compared to last closing price of 52.12. Despite this, the company has experienced a 28.13% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2023-10-25 that Today, we circle back on Natera, Inc., a fast-growing diagnostic testing concern. The company continues to rack up impressive sales growth, but its cash burn remains a primary concern. With Natera, Inc. stock down some 30% from recent highs, is now the time to buy the dip? An updated analysis follows in the paragraphs below.
Is It Worth Investing in Natera Inc (NASDAQ: NTRA) Right Now?
Additionally, the 36-month beta value for NTRA is 1.27. There are mixed opinions on the stock, with 12 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 1 rating it as “sell.”
The average price predicted by analysts for NTRA is $71.87, which is $18.9 above the current price. The public float for NTRA is 109.86M and currently, short sellers hold a 6.08% ratio of that float. The average trading volume of NTRA on November 16, 2023 was 1.24M shares.
NTRA’s Market Performance
NTRA stock saw an increase of 28.13% in the past week, with a monthly gain of 24.64% and a quarterly increase of 1.92%. The volatility ratio for the week is 5.30%, and the volatility levels for the last 30 days are 4.45% for Natera Inc (NTRA). The simple moving average for the past 20 days is 25.64% for NTRA’s stock, with a 6.57% simple moving average for the past 200 days.
Analysts’ Opinion of NTRA
Many brokerage firms have already submitted their reports for NTRA stocks, with Raymond James repeating the rating for NTRA by listing it as a “Strong Buy.” The predicted price for NTRA in the upcoming period, according to Raymond James is $68 based on the research report published on November 13, 2023 of the current year 2023.
NTRA Trading at 16.85% from the 50-Day Moving Average
After a stumble in the market that brought NTRA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.92% of loss for the given period.
Volatility was left at 4.45%, however, over the last 30 days, the volatility rate increased by 5.30%, as shares surge +26.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.67% lower at present.
During the last 5 trading sessions, NTRA rose by +28.13%, which changed the moving average for the period of 200-days by +23.39% in comparison to the 20-day moving average, which settled at $42.71. In addition, Natera Inc saw 31.86% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at NTRA starting from Sheena Jonathan, who sale 5,000 shares at the price of $40.23 back on Nov 02. After this action, Sheena Jonathan now owns 479,743 shares of Natera Inc, valued at $201,150 using the latest closing price.
Sheena Jonathan, the CO-FOUNDER of Natera Inc, sale 1,000 shares at $40.35 during a trade that took place back on Nov 02, which means that Sheena Jonathan is holding 22,155 shares at $40,351 based on the most recent closing price.
Stock Fundamentals for NTRA
Current profitability levels for the company are sitting at:
- -64.83 for the present operating margin
- +44.37 for the gross margin
The net margin for Natera Inc stands at -66.79. The total capital return value is set at -48.29, while invested capital returns managed to touch -53.22. Equity return is now at value -87.12, with -40.67 for asset returns.
Based on Natera Inc (NTRA), the company’s capital structure generated 63.23 points at debt to equity in total, while total debt to capital is 38.74. Total debt to assets is 31.54, with long-term debt to equity ratio resting at 50.76. Finally, the long-term debt to capital ratio is 31.10.
When we switch over and look at the enterprise to sales, we see a ratio of 5.88, with the company’s debt to enterprise value settled at 0.13. The receivables turnover for the company is 4.48 and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.90.
In conclusion, Natera Inc (NTRA) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.