The stock of Natera Inc (NTRA) has gone up by 4.20% for the week, with a 8.09% rise in the past month and a 45.99% rise in the past quarter. The volatility ratio for the week is 4.24%, and the volatility levels for the past 30 days are 3.51% for NTRA. The simple moving average for the last 20 days is 4.99% for NTRA stock, with a simple moving average of 62.06% for the last 200 days.
Is It Worth Investing in Natera Inc (NASDAQ: NTRA) Right Now?
The 36-month beta value for NTRA is also noteworthy at 1.39. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for NTRA is 113.00M, and at present, short sellers hold a 5.53% of that float. The average trading volume of NTRA on April 11, 2024 was 1.51M shares.
NTRA) stock’s latest price update
Natera Inc (NASDAQ: NTRA)’s stock price has decreased by -1.01 compared to its previous closing price of 97.48. However, the company has seen a 4.20% increase in its stock price over the last five trading sessions. Seeking Alpha reported 2024-03-22 that The global market size for personalized medicines is estimated to reach $1,233.23 billion by 2033, with North America experiencing significant growth in the oncology sector. Natera Inc., a diagnostic company, focuses on women’s health, oncology, and organ health, with major revenue drivers including non-invasive prenatal tests and personalized molecular residual disease tests. Natera reported a 43% year-on-year increase in revenue in Q4 2023, with a goal to achieve cash flow break even by Q3 2024 or sooner.
Analysts’ Opinion of NTRA
Many brokerage firms have already submitted their reports for NTRA stocks, with Craig Hallum repeating the rating for NTRA by listing it as a “Buy.” The predicted price for NTRA in the upcoming period, according to Craig Hallum is $117 based on the research report published on April 08, 2024 of the current year 2024.
Raymond James, on the other hand, stated in their research note that they expect to see NTRA reach a price target of $85, previously predicting the price at $68. The rating they have provided for NTRA stocks is “Outperform” according to the report published on February 20th, 2024.
BTIG Research gave a rating of “Buy” to NTRA, setting the target price at $85 in the report published on December 29th of the previous year.
NTRA Trading at 17.90% 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 -2.35% of loss for the given period.
Volatility was left at 3.51%, however, over the last 30 days, the volatility rate increased by 4.24%, as shares surge +6.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +45.31% upper at present.
During the last 5 trading sessions, NTRA rose by +4.20%, which changed the moving average for the period of 200-days by +87.85% in comparison to the 20-day moving average, which settled at $92.20. In addition, Natera Inc saw 54.05% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NTRA starting from Sheena Jonathan, who sale 26,700 shares at the price of $92.47 back on Apr 03 ’24. After this action, Sheena Jonathan now owns 321,031 shares of Natera Inc, valued at $2,468,822 using the latest closing price.
Brophy Michael Burkes, the CHIEF FINANCIAL OFFICER of Natera Inc, sale 1,378 shares at $92.62 during a trade that took place back on Apr 02 ’24, which means that Brophy Michael Burkes is holding 70,646 shares at $127,629 based on the most recent closing price.
Stock Fundamentals for NTRA
Current profitability levels for the company are sitting at:
- -0.41 for the present operating margin
- 0.46 for the gross margin
The net margin for Natera Inc stands at -0.4. The total capital return value is set at -0.39. Equity return is now at value -59.11, with -30.28 for asset returns.
Based on Natera Inc (NTRA), the company’s capital structure generated 0.33 points at debt to capital in total, while cash flow to debt ratio is standing at -0.66. The debt to equity ratio resting at 0.49. The interest coverage ratio of the stock is -35.31.
Currently, EBITDA for the company is -404.95 million with net debt to EBITDA at 0.47. When we switch over and look at the enterprise to sales, we see a ratio of 10.44. The receivables turnover for the company is 3.89for trailing twelve months and the total asset turnover is 0.74. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.10.
Conclusion
In summary, Natera Inc (NTRA) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others 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.
