Earnings results might Drive Its Stock Price Natera (NASDAQ:NTRA)

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Earnings results for Natera (NASDAQ:NTRA)

Natera, Inc. is expected* to report earnings on 11/05/2020 after market close. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.67. The reported EPS for the same quarter last year was $-0.53.

Natera last released its earnings data on August 5th, 2020. The medical research company reported ($0.75) EPS for the quarter, missing analysts’ consensus estimates of ($0.57) by $0.18. The company had revenue of $86.47 million for the quarter, compared to analyst estimates of $73.42 million. Natera has generated ($1.99) earnings per share over the last year. Natera has confirmed that its next quarterly earnings report will be published on Thursday, November 5th, 2020.

Analyst Opinion on Natera (NASDAQ:NTRA)

10 Wall Street analysts have issued ratings and price targets for Natera in the last 12 months. Their average twelve-month price target is $65.80, predicting that the stock has a possible downside of 12.35%. The high price target for NTRA is $90.00 and the low price target for NTRA is $36.00. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Natera has received a consensus rating of Buy. The company’s average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $65.80, Natera has a forecasted downside of 12.3% from its current price of $75.07. Natera has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Natera (NASDAQ:NTRA)

Natera does not currently pay a dividend. Natera does not have a long track record of dividend growth.

Insiders buying/selling: Natera (NASDAQ:NTRA)

In the past three months, Natera insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $32,275,410.00 in company stock. Only 9.29% of the stock of Natera is held by insiders. 96.42% of the stock of Natera is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Natera (NASDAQ:NTRA

Earnings for Natera are expected to grow in the coming year, from ($2.47) to ($2.20) per share. The P/E ratio of Natera is -37.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Natera is -37.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Natera has a P/B Ratio of 20.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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