Natera Inc (NTRA) is looking forward to a strong quarter

With 1.92 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.55 million shares. The 52-week range on NTRA shows that it touched its highest point at $183.00 and its lowest point at $83.13 during that stretch. It currently has a 1-year price target of $196.95. Beta for the stock currently stands at 1.82.

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 down-trending over the past week, with a drop of -9.60%, but this was down by -20.53% over a month. Three-month performance dropped to -16.85% while six-month performance rose 24.21%. The stock gained 60.53% in the past year, while it has lost -11.14% so far this year. A look at the trailing 12-month EPS for NTRA yields -1.53 with Next year EPS estimates of -0.66. For the next quarter, that number is -0.62. This implies an EPS growth rate of -39.08% for this year and 69.04% for next year.

Float and Shares Shorts:

At present, 132.65 million NTRA shares are outstanding with a float of 127.76 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NTRA since 9 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.12565 being high and -$1.68847 being low. For NTRA, this leads to a yearly average estimate of -$1.49751. Based on analyst estimates, the high estimate for the next quarter is -$0.46 and the low estimate is -$0.74. The average estimate for the next quarter is thus -$0.59.