For its first fiscal quarter (ending March 31), Natera Inc (NASDAQ: NTRA) has reported E.P.S. of $-0.56 compared to $-1.23 a year ago. This result fell short of the consensus estimate of $-0.43 by $-0.13. For the latest four quarters through March 31, E.P.S. were $-3.13 compared to $-5.35 a year ago.
Recent Price Action
On 5/9/24, Natera Inc (NASDAQ: NTRA) stock declined slightly by -0.1%, closing at $95.55. Moreover, trading volume in this decline was exceptionally high at 231% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.5% during the last week.
Current PriceTarget Research Rating
NTRA’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Natera has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Natera has a very low Appreciation Score of 4 but a very high Power Rating of 98, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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