Natera, Inc. (NTRA) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Natera, Inc. (NASDAQ:NTRA) have earned an average recommendation of “Hold” from the eight ratings firms that are covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $15.75.

Several research firms have recently commented on NTRA. Zacks Investment Research downgraded Natera from a “buy” rating to a “sell” rating in a report on Saturday. ValuEngine raised Natera from a “strong sell” rating to a “sell” rating in a report on Thursday. Canaccord Genuity increased their price objective on Natera from $14.00 to $16.00 and gave the company a “buy” rating in a report on Wednesday, May 10th. BidaskClub downgraded Natera from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. Finally, Morgan Stanley cut their price objective on Natera from $18.00 to $13.00 and set an “overweight” rating for the company in a report on Monday, August 7th.

Natera (NTRA) opened at 10.62 on Friday. The company’s market cap is $565.07 million. The stock has a 50 day moving average of $9.97 and a 200-day moving average of $9.55. Natera has a 52-week low of $7.35 and a 52-week high of $12.95.

Natera (NASDAQ:NTRA) last released its quarterly earnings data on Tuesday, August 8th. The medical research company reported ($0.52) EPS for the quarter, meeting the consensus estimate of ($0.52). The company had revenue of $53.60 million during the quarter, compared to the consensus estimate of $50.57 million. Natera had a negative return on equity of 119.47% and a negative net margin of 62.64%. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.46) EPS. On average, analysts forecast that Natera will post ($2.08) EPS for the current year.

Large investors have recently bought and sold shares of the stock. Virtu KCG Holdings LLC acquired a new stake in Natera during the second quarter worth $126,000. Vanguard Group Inc. boosted its stake in Natera by 12.6% in the second quarter. Vanguard Group Inc. now owns 2,261,052 shares of the medical research company’s stock worth $24,555,000 after buying an additional 253,344 shares during the period. Northern Trust Corp boosted its stake in Natera by 21.0% in the second quarter. Northern Trust Corp now owns 352,808 shares of the medical research company’s stock worth $3,831,000 after buying an additional 61,226 shares during the period. New York State Common Retirement Fund boosted its stake in Natera by 31.1% in the second quarter. New York State Common Retirement Fund now owns 35,400 shares of the medical research company’s stock worth $384,000 after buying an additional 8,399 shares during the period. Finally, TIAA CREF Investment Management LLC boosted its stake in Natera by 31.6% in the second quarter. TIAA CREF Investment Management LLC now owns 123,534 shares of the medical research company’s stock worth $1,342,000 after buying an additional 29,633 shares during the period. Institutional investors and hedge funds own 59.74% of the company’s stock.

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