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NTRA $91.04

NTRA target price
91.04
0
0
Natera
Type
Public
Traded as NASDAQ: NTRA
Industry Genetic testing
Headquarters San Carlos, California
Key people
Matthew Rabinowitz (CEO) Jonathan Sheena (CTO)
Website www.natera.com

Natera (previously Gene Security Network) is a genetic testing company that operates a CLIA-certified laboratory in San Carlos, California. The company specializes in analyzing microscopic quantities of DNA for reproductive health indications to provide preconception and prenatal genetic testing services primarily to OBGYN physicians and in vitro fertilization centers.

In early 2013, the company launched Panorama, a non-invasive prenatal test for pregnant women that screens for the most common chromosomal anomalies in a fetus as early as nine weeks of gestation. Other services include tests for preimplantation genetic diagnosis (PGD) and miscarriage testing to determine the cause of the loss of the pregnancy. A non-invasive paternity test based on Natera’s technology, was brought to market in August 2011 through a partnership with DNA Diagnostics Center (DDC), which holds a license to the technology in the United States. In 2016, Dr. Susan Gross stepped aside as Natera's chief medical officer.

Natera launched a non-invasive prenatal test (NIPT) in February 2013 called Panorama that uses an advanced bioinformatics-based algorithm to analyze the cell-free fetal DNA that is found in the mother’s blood. Panorama detects chromosome abnormalities, including Trisomy 21, the cause of Down syndrome, Trisomy 18, the cause of Edwards syndrome, Trisomy 13, the cause of Patau syndrome, sex chromosome abnormalities, triploidy and certain microdeletions as early as the first trimester of pregnancy. A clinical study evaluating Natera’s NIPT is funded by the National Institutes of Health and is currently ongoing.

Companies also offering non-invasive prenatal genetic testing include Sequenom, Ariosa (Harmony Prenatal Test), Ravgen, and Verinata Health. Other companies and universities that are working towards developing non-invasive prenatal testing include Stanford University, Fluidigm and Ikonisys.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2016-06-03 Reiterated Rating Cowen and Company Outperform $17.00
2016-05-24 Reiterated Rating Morgan Stanley Buy
2016-05-23 Boost Price Target Benchmark Co. Buy $15.00 to $16.00
2016-05-12 Reiterated Rating Morgan Stanley Buy
2016-05-11 Boost Price Target Benchmark Co. Buy $14.00 to $15.00
2016-04-19 Initiated Coverage Benchmark Co. Buy $14.00
2016-03-11 Reiterated Rating Piper Jaffray Overweight $24.00 to $22.00
2016-03-11 Reiterated Rating Piper Jaffray Cos. Overweight $24.00 to $22.00
2016-03-09 Lower Price Target Robert W. Baird Outperform $18.00 to $15.00
2016-01-07 Lower Price Target Cowen and Company $17.00
2015-09-28 Upgrade Wedbush Neutral to Outperform $20.00
2015-08-28 Reiterated Rating Wedbush Neutral $20.00
2015-08-14 Upgrade Morgan Stanley Equal Weight to Overweight $20.00
2015-08-13 Lower Price Target Cowen and Company Outperform $25.00 to $21.00
2015-08-04 Initiated Coverage Robert W. Baird Outperform $20.00
2015-07-27 Initiated Coverage Wedbush Neutral $20.00
2015-07-27 Initiated Coverage Morgan Stanley Equal to Equal Weight $20.00
2015-07-27 Initiated Coverage Cowen and Company Outperform $25.00
2015-07-27 Initiated Coverage Piper Jaffray Overweight $24.00
2016-06-03 Reiterated Rating Cowen and Company Outperform $17.00
2016-05-24 Reiterated Rating Morgan Stanley Buy
2016-05-23 Boost Price Target Benchmark Co. Buy $15.00 to $16.00
2016-05-12 Reiterated Rating Morgan Stanley Buy
2016-05-11 Boost Price Target Benchmark Co. Buy $14.00 to $15.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks