Natera Inc (NTRA) Receives Average Rating of “Buy” from Analysts

Natera Inc (NASDAQ:NTRA) has been given an average recommendation of “Buy” by the eleven brokerages that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation, six have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is $29.00.

NTRA has been the subject of several analyst reports. BidaskClub cut shares of Natera from a “sell” rating to a “strong sell” rating in a report on Saturday, December 15th. ValuEngine raised shares of Natera from a “buy” rating to a “strong-buy” rating in a report on Tuesday, January 15th. Cowen reissued a “buy” rating and set a $30.00 price target on shares of Natera in a report on Friday, November 9th. Finally, Zacks Investment Research raised shares of Natera from a “sell” rating to a “hold” rating in a report on Tuesday, January 22nd.

Institutional investors have recently modified their holdings of the business. Jennison Associates LLC increased its stake in shares of Natera by 1.8% during the 4th quarter. Jennison Associates LLC now owns 3,706,873 shares of the medical research company’s stock worth $51,748,000 after purchasing an additional 65,025 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Natera by 28.9% during the 3rd quarter. Vanguard Group Inc. now owns 3,612,860 shares of the medical research company’s stock worth $86,493,000 after purchasing an additional 808,976 shares in the last quarter. Vanguard Group Inc increased its stake in shares of Natera by 28.9% during the 3rd quarter. Vanguard Group Inc now owns 3,612,860 shares of the medical research company’s stock worth $86,493,000 after purchasing an additional 808,976 shares in the last quarter. BlackRock Inc. increased its stake in shares of Natera by 33.5% during the 3rd quarter. BlackRock Inc. now owns 2,785,208 shares of the medical research company’s stock worth $66,679,000 after purchasing an additional 698,379 shares in the last quarter. Finally, FMR LLC purchased a new position in shares of Natera during the 3rd quarter worth approximately $59,599,000. 87.50% of the stock is owned by institutional investors.

NASDAQ NTRA traded up $0.68 during trading hours on Friday, hitting $16.15. 49,854 shares of the stock were exchanged, compared to its average volume of 605,743. The stock has a market capitalization of $911.90 million, a P/E ratio of -6.70 and a beta of 1.79. Natera has a 12-month low of $8.60 and a 12-month high of $29.62. The company has a quick ratio of 2.32, a current ratio of 2.44 and a debt-to-equity ratio of 1.30.

Natera Company Profile

Natera, Inc, a diagnostics company, provides preconception and prenatal genetic testing services. It primarily offers Panorama, a non-invasive prenatal test that screens for chromosomal abnormalities of a fetus with a blood draw from the mother; Vistara, a single-gene mutations screening test to identify single-gene disorder; Horizon carrier screening to determine carrier status for various genetic diseases that could be passed on to the carrier's children; and Spectrum pre-implantation genetic screening and Spectrum pre-implantation genetic diagnosis to analyze chromosomal anomalies or inherited genetic conditions during an in vitro fertilization cycle.

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Analyst Recommendations for Natera (NASDAQ:NTRA)

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