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NASDAQ:CDNA

CareDx (CDNA) Stock Price, News & Analysis

$19.01
+0.14 (+0.74%)
(As of 07/26/2024 ET)
Today's Range
$18.06
$19.37
50-Day Range
$13.01
$19.00
52-Week Range
$4.80
$19.58
Volume
1.20 million shs
Average Volume
862,325 shs
Market Capitalization
$990.04 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$17.00

CareDx MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
10.6% Downside
$17.00 Price Target
Short Interest
Bearish
8.04% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.66
Upright™ Environmental Score
News Sentiment
0.83mentions of CareDx in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.49) to ($1.34) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.51 out of 5 stars

Medical Sector

522nd out of 936 stocks

Medical Laboratories Industry

13th out of 18 stocks

CDNA stock logo

About CareDx Stock (NASDAQ:CDNA)

CareDx, Inc. engages in the discovery, development, and commercialization of diagnostic solutions for transplant patients and caregivers in the United States and internationally. It also provides AlloSure Kidney, a donor-derived cell-free DNA (dd-cfDNA) solution for kidney transplant patients; AlloMap Heart, a gene expression solution for heart transplant patients; AlloSure Heart, a dd-cfDNA solution for heart transplant patients; and AlloSure Lung, a dd-cfDNA solution for lung transplant patients. The company offers Olerup SSP, which is used to type human leukocyte antigen (HLA) alleles based on sequence specific primer technology; QTYPE that enables precision in HLA typing; and Ottr, a transplant patient management software. In addition, it provides AlloSeq Tx, a high-resolution HLA typing solution; AlloSeq cfDNA, a surveillance solution to measure dd-cfDNA in blood; AlloSeq HCT, a solution for chimerism testing for stem cell transplant recipients; Allocell, a surveillance solution that monitors the level of engraftment and persistence of allogeneic cells for patients who have received cell therapy transplants; and XynQAPI cloud-based transplant quality management software, as well as AlloCare, a mobile app that offers a patient-centric resource for transplant recipients. The company offers its products directly to customers, as well as through third-party distributors and sub-distributors. It has a license agreement with Illumina, Inc. for the distribution, development, and commercialization of NGS products and technologies; and Cibiltech SAS to commercialize iBox, a software for the predictive analysis of post-transplantation kidney allograft loss. The company was formerly known as XDx, Inc. and changed its name to CareDx, Inc. in March 2014. The company was incorporated in 1998 and is headquartered in South San Francisco, California.

CDNA Stock Price History

CDNA Stock News Headlines

CareDx (NASDAQ:CDNA) Reaches New 52-Week High at $19.54
CareDx (CDNA) Scheduled to Post Quarterly Earnings on Wednesday
We recommended Nvidia in 2016, now we’re recommending this…
The AI boom is just getting started. And the real wealth has still to be made…
Where CareDx Stands With Analysts
CareDx (NASDAQ:CDNA) Shares Gap Down to $18.57
CareDx: Benefiting From Some Certainty
We recommended Nvidia in 2016, now we’re recommending this…
The AI boom is just getting started. And the real wealth has still to be made…
CareDx, Inc (CDNA)
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Medical laboratories
Sub-Industry
N/A
Current Symbol
NASDAQ:CDNA
Employees
635
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.00
High Stock Price Target
$22.00
Low Stock Price Target
$12.00
Potential Upside/Downside
-10.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$-190,280,000.00
Pretax Margin
-66.61%

Debt

Sales & Book Value

Annual Sales
$280.32 million
Book Value
$4.83 per share

Miscellaneous

Free Float
49,896,000
Market Cap
$990.04 million
Optionable
Optionable
Beta
1.78
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Key Executives

  • Mr. Abhishek Jain (Age 47)
    CFO & Principal Accounting Officer
    Comp: $425.58k
  • Dr. Peter Maag Ph.D. (Age 57)
    Executive Director
    Comp: $43.23k
  • Mr. Alexander L. Johnson (Age 50)
    President of Patient & Testing Services
    Comp: $547.43k
  • Mr. John Walter Hanna Jr. (Age 44)
    President, CEO & Director
  • Ms. Marica Grskovic Ph.D.
    Chief Operating Officer
  • Dr. Robert N. Woodward Ph.D.
    Chief Scientific Officer
  • Mr. GS Jha
    Senior VP, Chief Information Officer & Chief Information Security Officer
  • Jeffrey A. Novack
    General Counsel
  • Ms. Stacey Follon
    Senior VP & Head of Human Resources
  • Mr. Kashif Rathore
    Chief of Patient & Digital Solutions

CDNA Stock Analysis - Frequently Asked Questions

How have CDNA shares performed this year?

CareDx's stock was trading at $12.00 at the beginning of 2024. Since then, CDNA stock has increased by 58.4% and is now trading at $19.01.
View the best growth stocks for 2024 here
.

How were CareDx's earnings last quarter?

CareDx, Inc (NASDAQ:CDNA) released its quarterly earnings data on Thursday, May, 9th. The company reported ($0.28) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.46) by $0.18. The business earned $72.05 million during the quarter, compared to the consensus estimate of $63.63 million. CareDx had a negative trailing twelve-month return on equity of 55.08% and a negative net margin of 66.59%.

Who are CareDx's major shareholders?

CareDx's top institutional investors include ARK Investment Management LLC (10.95%), Sumitomo Mitsui Trust Holdings Inc. (4.95%), Bank of New York Mellon Corp (0.37%) and Assenagon Asset Management S.A. (0.32%). Insiders that own company stock include Reginald Seeto, Peter Maag, Michael Goldberg, Grace Colon, Ankur Dhingra and George Bickerstaff.
View institutional ownership trends
.

How do I buy shares of CareDx?

Shares of CDNA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of CareDx own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CareDx investors own include Block (SQ), Roku (ROKU), Exact Sciences (EXAS), NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA) and Enphase Energy (ENPH).

This page (NASDAQ:CDNA) was last updated on 7/26/2024 by MarketBeat.com Staff

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