Natera Inc. (NTRA) Performance and Fundamentals Dashboard tells a completely different story

Natera Inc. (NASDAQ: NTRA) stock fell -2.19% on Tuesday to $51.92 against a previous-day closing price of $53.08. With 0.95 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.3 million shares. During the session, the Diagnostics & Research company that operates in wider Healthcare sector, reached to the highest price of $53.69 whereas the lowest price it dropped to was $51.28. The 52-week range on NTRA shows that it touched its highest point at $59.75 and its lowest point at $30.46 during that stretch. It currently has a 1-year price target of $74.50. Beta for the stock currently stands at 1.22.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NTRA was up-trending over the past week, with a rise of 1.80%, but this was down by -2.04% over a month. Three-month performance surged to 8.37% while six-month performance rose 45.76%. The stock gained 29.93% in the past year, while it has gained 29.25% so far this year. A look at the trailing 12-month EPS for NTRA yields -5.34 with Next year EPS estimates of -2.85. For the next quarter, that number is -1.10. This implies an EPS growth rate of -6.90% for this year and 31.20% for next year.

Float and Shares Shorts:

At present, 111.77 million NTRA shares are outstanding with a float of 104.78 million shares on hand for trading. On Apr 27, 2023, short shares totaled 5.75 million, which was 5.03% higher than short shares on Mar 30, 2023. In addition to Dr. Matthew Rabinowitz Ph.D. as the firm’s Co-Founder & Exec. Chairman, Mr. Steven Leonard Chapman serves as its CEO, Pres & Director.

Institutional Ownership:

Through their ownership of 96.53% of NTRA’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 48.19% of NTRA, in contrast to 45.47% held by mutual funds. Shares owned by individuals account for 19.59%. As the largest shareholder in NTRA with 8.65% of the stake, The Vanguard Group, Inc. holds 9,794,233 shares worth 9,794,233. A second-largest stockholder of NTRA, Fred Alger Management LLC, holds 8,612,997 shares, controlling over 7.60% of the firm’s shares. BlackRock Fund Advisors is the third largest shareholder in NTRA, holding 4,727,816 shares or 4.17% stake. With a 2.88% stake in NTRA, the Vanguard Total Stock Market ETF is the largest stakeholder. A total of 3,256,675 shares are owned by the mutual fund manager. The Government Pension Fund – Global, which owns about 2.45% of NTRA stock, is the second-largest Mutual Fund holder. It holds 2,780,427 shares valued at 141.02 million. Vanguard Small Cap Index Fund holds 2.42% of the stake in NTRA, owning 2,745,793 shares worth 139.27 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Mar 30, 2023, NTRA reported revenue of $198.20M and operating income of -$143.09M. The EBITDA in the recently reported quarter was -$138.32M and diluted EPS was -$1.50.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NTRA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With NTRA analysts setting a high price target of $117.00 and a low target of $29.00, the average target price over the next 12 months is $75.20. Based on these targets, NTRA could surge 125.35% to reach the target high and fall by -44.14% to reach the target low. Reaching the average price target will result in a growth of 44.84% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Summary of Insider Activity:

Insiders traded NTRA stock several times over the past three months with 23 Buys and 27 Sells. In these transactions, 95,192 shares were bought while 105,507 shares were sold. The number of buy transactions has increased to 118 while that of sell transactions has risen to 87 over the past year. The total number of shares bought during that period was 536,877 while 349,257 shares were sold.

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