Shares of Natera Inc (NASDAQ:NTRA) have been assigned a consensus rating of “Hold” from the seven ratings firms that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $14.33.

Several brokerages have recently weighed in on NTRA. Cowen restated a “buy” rating and set a $12.00 target price on shares of Natera in a report on Thursday, December 21st. Zacks Investment Research cut Natera from a “buy” rating to a “hold” rating in a report on Thursday, October 26th. Morgan Stanley reiterated an “overweight” rating and issued a $16.00 price objective (up from $13.00) on shares of Natera in a report on Friday, October 6th. Canaccord Genuity reiterated a “buy” rating and issued a $15.00 price objective on shares of Natera in a report on Tuesday, November 14th. Finally, Robert W. Baird reiterated a “buy” rating on shares of Natera in a report on Tuesday, October 24th.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN lifted its holdings in Natera by 2.8% in the second quarter. Wells Fargo & Company MN now owns 18,031 shares of the medical research company’s stock valued at $195,000 after acquiring an additional 491 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in Natera by 1.3% in the second quarter. Principal Financial Group Inc. now owns 112,687 shares of the medical research company’s stock valued at $1,224,000 after acquiring an additional 1,409 shares during the last quarter. Voya Investment Management LLC lifted its holdings in Natera by 17.8% in the second quarter. Voya Investment Management LLC now owns 14,663 shares of the medical research company’s stock valued at $159,000 after acquiring an additional 2,212 shares during the last quarter. California State Teachers Retirement System lifted its holdings in Natera by 8.2% in the second quarter. California State Teachers Retirement System now owns 55,589 shares of the medical research company’s stock valued at $604,000 after acquiring an additional 4,200 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its holdings in Natera by 23.3% in the second quarter. The Manufacturers Life Insurance Company now owns 26,826 shares of the medical research company’s stock valued at $291,000 after acquiring an additional 5,073 shares during the last quarter. Hedge funds and other institutional investors own 66.06% of the company’s stock.

Shares of Natera (NASDAQ:NTRA) traded up $0.21 during trading on Friday, hitting $9.72. The stock had a trading volume of 142,000 shares, compared to its average volume of 120,633. The firm has a market cap of $511.34, a PE ratio of -3.97 and a beta of 2.07. Natera has a fifty-two week low of $7.35 and a fifty-two week high of $14.76. The company has a current ratio of 1.85, a quick ratio of 1.75 and a debt-to-equity ratio of 2.43.

Natera (NASDAQ:NTRA) last issued its earnings results on Wednesday, November 8th. The medical research company reported ($0.51) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.47) by ($0.04). The company had revenue of $56.66 million for the quarter, compared to analyst estimates of $55.31 million. Natera had a negative return on equity of 197.09% and a negative net margin of 62.34%. The company’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.50) earnings per share. research analysts forecast that Natera will post -2.15 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Natera Inc (NTRA) Given Consensus Recommendation of “Hold” by Brokerages” was first reported by American Banking News and is the property of of American Banking News. If you are accessing this piece of content on another website, it was stolen and reposted in violation of U.S. & international copyright law. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2018/01/05/natera-inc-ntra-given-consensus-recommendation-of-hold-by-brokerages.html.

About Natera

Receive News & Ratings for Natera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natera and related companies with MarketBeat.com's FREE daily email newsletter.