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CareDx Stock Price, Forecast & Analysis (NASDAQ:CDNA)

$19.55
+0.31 (+1.61 %)
(As of 11/22/2019 08:00 AM ET)
Today's Range
$18.75
Now: $19.55
$19.72
50-Day Range
$19.02
MA: $24.13
$28.40
52-Week Range
$18.75
Now: $19.55
$41.27
Volume898,900 shs
Average Volume846,397 shs
Market Capitalization$829.70 million
P/E RatioN/A
Dividend YieldN/A
Beta0.99
CareDx, Inc operates as a transplant diagnostics company,which discovers, develops, and commercializes diagnostic solutions. Its product includes AlloMap, AlloSure, and Laboratory products. The company was founded on December 21, 1998 and is headquartered in Brisbane, CA.

Industry, Sector and Symbol

Industry Medical laboratories
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:CDNA
CUSIPN/A
Phone415-287-2300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$76.57 million
Book Value$2.30 per share

Profitability

Net Income$-46,760,000.00

Miscellaneous

Employees227
Market Cap$829.70 million
Next Earnings Date3/4/2020 (Estimated)
OptionableOptionable

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CareDx (NASDAQ:CDNA) Frequently Asked Questions

What is CareDx's stock symbol?

CareDx trades on the NASDAQ under the ticker symbol "CDNA."

How were CareDx's earnings last quarter?

CareDx Inc (NASDAQ:CDNA) issued its earnings results on Thursday, October, 31st. The company reported $0.02 EPS for the quarter, topping analysts' consensus estimates of $0.01 by $0.01. The firm had revenue of $33.80 million for the quarter, compared to the consensus estimate of $33.14 million. CareDx had a negative return on equity of 21.92% and a negative net margin of 18.25%. The company's revenue was up 59.4% compared to the same quarter last year. View CareDx's Earnings History.

When is CareDx's next earnings date?

CareDx is scheduled to release their next quarterly earnings announcement on Wednesday, March 4th 2020. View Earnings Estimates for CareDx.

What price target have analysts set for CDNA?

5 equities research analysts have issued 12-month price targets for CareDx's shares. Their forecasts range from $35.00 to $63.00. On average, they anticipate CareDx's stock price to reach $47.40 in the next twelve months. This suggests a possible upside of 142.5% from the stock's current price. View Analyst Price Targets for CareDx.

What is the consensus analysts' recommendation for CareDx?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CareDx in the last year. There are currently 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CareDx.

What are Wall Street analysts saying about CareDx stock?

Here are some recent quotes from research analysts about CareDx stock:
  • 1. According to Zacks Investment Research, "CareDx, Inc. is a commercial stage company. It develops, markets, and delivers a diagnostic surveillance solution for heart transplant recipients. The Company provides AlloMap, a noninvasive blood test used to aid in the identification of heart transplant recipients. It is also pursuing other areas of transplant surveillance, such as the use of cell-free DNA (cfDNA) as a biomarker for rejection. CareDx, Inc. is based in Brisbane, California. " (11/6/2019)
  • 2. HC Wainwright analysts commented, "Our 12-month price target is based on an estimated market value of the firm at $1.83B, which includes a discounted cash flow analysis based asset value for pre- and post-transplant tests, using a 10% discount rate and 2% terminal growth rate, and assuming 43M shares outstanding at the end of 1Q20. Investment risks include: (1) failure of to achieve commercial success due to market size, penetration rate, and/or competition; and (2) potential dilution risk. CareDx, Inc." (5/9/2019)

Has CareDx been receiving favorable news coverage?

Press coverage about CDNA stock has trended negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. CareDx earned a news impact score of -2.5 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for CareDx.

Are investors shorting CareDx?

CareDx saw a increase in short interest during the month of October. As of October 15th, there was short interest totalling 3,350,000 shares, an increase of 6.7% from the September 15th total of 3,140,000 shares. Based on an average trading volume of 841,900 shares, the days-to-cover ratio is presently 4.0 days. Currently, 8.7% of the shares of the company are short sold. View CareDx's Current Options Chain.

Who are some of CareDx's key competitors?

What other stocks do shareholders of CareDx own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CareDx investors own include EXACT Sciences (EXAS), Aduro BioTech (ADRO), Advanced Micro Devices (AMD), Roku (ROKU), Tandem Diabetes Care (TNDM), Alibaba Group (BABA), Square (SQ), Sarepta Therapeutics (SRPT), NVIDIA (NVDA) and Micron Technology (MU).

Who are CareDx's key executives?

CareDx's management team includes the folowing people:
  • Peter K. Maag, Chief Executive Officer & Director
  • Reginald Seeto, President & Chief Business Officer
  • Paul Ciccolella, Senior Vice President-Global Operations
  • Michael Bell, Chief Financial & Principal Accounting Officer
  • James P. Yee, Chief Medical Officer & Executive Vice President

Who are CareDx's major shareholders?

CareDx's stock is owned by many different of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (1.41%), Kornitzer Capital Management Inc. KS (0.97%), Nikko Asset Management Americas Inc. (0.63%), Sumitomo Mitsui Trust Holdings Inc. (0.55%), California Public Employees Retirement System (0.36%) and Fisher Asset Management LLC (0.26%). Company insiders that own CareDx stock include James P Yee, Michael Brian Bell, Michael Goldberg, Mitchell J Nelles, Neil Gagnon, Peter Maag, Sasha King and William A Hagstrom. View Institutional Ownership Trends for CareDx.

Which major investors are selling CareDx stock?

CDNA stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Calamos Advisors LLC, Perkins Capital Management Inc. and Dupont Capital Management Corp. Company insiders that have sold CareDx company stock in the last year include James P Yee, Michael Brian Bell, Michael Goldberg, Peter Maag, Sasha King and William A Hagstrom. View Insider Buying and Selling for CareDx.

Which major investors are buying CareDx stock?

CDNA stock was acquired by a variety of institutional investors in the last quarter, including Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., Peregrine Capital Management LLC, Fisher Asset Management LLC, Kornitzer Capital Management Inc. KS, State of New Jersey Common Pension Fund D, BBVA USA Bancshares Inc. and Tibra Equities Europe Ltd. View Insider Buying and Selling for CareDx.

How do I buy shares of CareDx?

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

What is CareDx's stock price today?

One share of CDNA stock can currently be purchased for approximately $19.55.

How big of a company is CareDx?

CareDx has a market capitalization of $829.70 million and generates $76.57 million in revenue each year. The company earns $-46,760,000.00 in net income (profit) each year or ($1.31) on an earnings per share basis. CareDx employs 227 workers across the globe.View Additional Information About CareDx.

What is CareDx's official website?

The official website for CareDx is http://www.caredxinc.com/.

How can I contact CareDx?

CareDx's mailing address is 3260 BAYSHORE BOULEVARD, BRISBANE CA, 94005. The company can be reached via phone at 415-287-2300 or via email at [email protected]


MarketBeat Community Rating for CareDx (NASDAQ CDNA)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  320 (Vote Outperform)
Underperform Votes:  305 (Vote Underperform)
Total Votes:  625
MarketBeat's community ratings are surveys of what our community members think about CareDx and other stocks. Vote "Outperform" if you believe CDNA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CDNA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/22/2019 by MarketBeat.com Staff

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