On 2/29/24, Natera Inc (NASDAQ: NTRA) stock enjoyed a major increase of 13.0%, closing at $86.49. Moreover, exceptionally high trading volume at 274% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 24.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, NTRA is expected to continue to be Value Creation neutral.
Natera has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Natera has a very low Appreciation Score of 3 but a very high Power Rating of 89, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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