Natera Inc (NASDAQ: NTRA)’s stock price has soared by 5.66 in relation to previous closing price of 153.42. Nevertheless, the company has seen a gain of 19.97% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-12 that Natera, Inc. (NASDAQ:NTRA ) Q3 2024 Earnings Conference Call November 12, 2024 4:30 AM ET Company Participants Mike Brophy – CFO Steve Chapman – CEO Alexey Aleshin – GM Oncology, CMO Conference Call Participants Puneet Souda – Leerink Partners Daniel Brennan – TD Cowen Tejas Savant – Morgan Stanley Rachel Vatnsdal – JP Morgan Douglas Schenkel – Wolfe Research Matthew Sykes – Goldman Sachs Tycho Peterson – Jefferies Operator Welcome to Natera’s 2024 Third Quarter Financial Results Conference Call. At this time, all participants are in a listen-only mode.
Is It Worth Investing in Natera Inc (NASDAQ: NTRA) Right Now?
The 36-month beta value for NTRA is also noteworthy at 1.57. There are mixed opinions on the stock, with 12 analysts rating it as a “buy,” 6 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for NTRA is 123.94M, and at present, short sellers hold a 3.00% of that float. The average trading volume of NTRA on November 20, 2024 was 1.20M shares.
NTRA’s Market Performance
NTRA’s stock has seen a 19.97% increase for the week, with a 34.52% rise in the past month and a 32.97% gain in the past quarter. The volatility ratio for the week is 6.96%, and the volatility levels for the past 30 days are at 4.16% for Natera Inc The simple moving average for the last 20 days is 22.12% for NTRA’s stock, with a simple moving average of 51.06% for the last 200 days.
Analysts’ Opinion of NTRA
Many brokerage firms have already submitted their reports for NTRA stocks, with Jefferies repeating the rating for NTRA by listing it as a “Buy.” The predicted price for NTRA in the upcoming period, according to Jefferies is $142 based on the research report published on June 03, 2024 of the current year 2024.
Craig Hallum, on the other hand, stated in their research note that they expect to see NTRA reach a price target of $117. The rating they have provided for NTRA stocks is “Buy” according to the report published on April 08th, 2024.
Raymond James gave a rating of “Outperform” to NTRA, setting the target price at $85 in the report published on February 20th of the current year.
NTRA Trading at 25.70% 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 -3.39% of loss for the given period.
Volatility was left at 4.16%, however, over the last 30 days, the volatility rate increased by 6.96%, as shares surge +35.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +36.53% upper at present.
During the last 5 trading sessions, NTRA rose by +19.97%, which changed the moving average for the period of 200-days by +135.54% in comparison to the 20-day moving average, which settled at $132.74. In addition, Natera Inc saw 158.78% 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 Marcus Gail Boxer, who proposed sale 9,682 shares at the price of $159.98 back on Nov 19 ’24. After this action, Marcus Gail Boxer now owns shares of Natera Inc, valued at $1,548,931 using the latest closing price.
Baynes Roy D., the Director of Natera Inc, sale 37,230 shares at $146.11 during a trade that took place back on Nov 15 ’24, which means that Baynes Roy D. is holding 15,807 shares at $5,439,565 based on the most recent closing price.
Stock Fundamentals for NTRA
Current profitability levels for the company are sitting at:
- -0.16 for the present operating margin
- 0.58 for the gross margin
The net margin for Natera Inc stands at -0.14. The total capital return value is set at -0.19. Equity return is now at value -25.82, with -14.14 for asset returns.
Based on Natera Inc (NTRA), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at 0.53. The interest coverage ratio of the stock is -19.3.
Currently, EBITDA for the company is -383.28 million with net debt to EBITDA at 2.34. When we switch over and look at the enterprise to sales, we see a ratio of 13.69. The receivables turnover for the company is 4.99for trailing twelve months and the total asset turnover is 0.96. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.39.
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.
