NASDAQ:CDNA - CareDx Stock Price, News, & Analysis

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$36.92 -2.29 (-5.84 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$39.21
Today's Range$36.80 - $39.38
52-Week Range$6.33 - $39.38
Volume766,965 shs
Average Volume813,533 shs
Market Capitalization$1.54 billion
P/E Ratio-28.18
Dividend YieldN/A
Beta1.21
CareDx, Inc., a transplant diagnostics company, together with its subsidiaries, focuses on the discovery, development, and commercialization of diagnostic solutions for transplant patients worldwide. The company develops and provides a diagnostic surveillance testing solution for heart and kidney transplant recipients. It offers AlloMap, a heart transplant molecular test; and AlloSure, a donor-derived cell-free DNA test initially used for kidney transplant patients. The company also develops, manufactures, markets, and sells products that increase the chance of successful transplants by facilitating a match between a donor and a recipient of stem cells and organs. It sells Olerup SSP, which is used to type human leukocyte antigen (HLA) alleles based on sequence-specific primer technology; Olerup SBT, a product range for sequence-based typing of HLA alleles; QTYPE that enables speed and precision in HLA typing at a low to intermediate resolution for samples that require a fast turn-around-time and uses real-time polymerase chain reaction methodology; and TruSight HLA, a high resolution solution that uses next generation sequencing methodology. 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 for the development, commercialization, and distribution of next generation sequencing product line for use in transplantation diagnostic testing. The company was formerly known as XDx, Inc. and changed its name to CareDx, Inc. in March 2014. CareDx, Inc. was incorporated in 1998 and is headquartered in Brisbane, California.

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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$2.47 per share

Profitability

Net Income$-46,760,000.00

Miscellaneous

Employees227
Market Cap$1.54 billion
Next Earnings Date5/9/2019 (Estimated)
OptionableOptionable

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) released its earnings results on Wednesday, March, 6th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.07) by $0.02. The firm earned $23.51 million during the quarter, compared to the consensus estimate of $23.34 million. CareDx had a negative net margin of 61.06% and a negative return on equity of 63.64%. View CareDx's Earnings History.

When is CareDx's next earnings date?

CareDx is scheduled to release their next quarterly earnings announcement on Thursday, May 9th 2019. View Earnings Estimates for CareDx.

What guidance has CareDx issued on next quarter's earnings?

CareDx updated its FY 2019 earnings guidance on Wednesday, March, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $105-107 million, compared to the consensus revenue estimate of $103.6 million.

What price target have analysts set for CDNA?

5 brokers have issued 12-month price objectives for CareDx's shares. Their forecasts range from $30.00 to $46.00. On average, they anticipate CareDx's share price to reach $38.60 in the next year. This suggests a possible upside of 4.6% 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 1 hold rating, 3 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. " (3/7/2019)
  • 2. HC Wainwright analysts commented, "As we roll forward the DCF analysis, our estimated market value of the firm has increased slightly to $1,127M from $1,123M, Our price target is derived from the market value of the firm, which includes a discounted cash flow analysis based asset value for pre- and post-transplant tests, using a 15% discount rate and 2%." (2/4/2019)

Has CareDx been receiving favorable news coverage?

News articles about CDNA stock have trended positive on Friday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CareDx earned a news impact score of 2.2 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days.

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 Square (SQ), Advanced Micro Devices (AMD), Twilio (TWLO), Micron Technology (MU), Alibaba Group (BABA), Tandem Diabetes Care (TNDM), NVIDIA (NVDA), Cronos Group (CRON), Nutanix (NTNX) and Sarepta Therapeutics (SRPT).

Who are CareDx's key executives?

CareDx's management team includes the folowing people:
  • Dr. Peter Maag, CEO & Director (Age 52)
  • Mr. Michael Bell, Chief Financial Officer (Age 50)
  • Dr. James P. Yee, Chief Medical Officer (Age 70)
  • Dr. Reginald Seeto, Pres & Chief Bus. Officer (Age 47)
  • Mr. Anders Karlsson, Chief International Bus. Officer (Age 55)

Who are CareDx's major shareholders?

CareDx's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.41%), Lord Abbett & CO. LLC (3.84%), Gagnon Securities LLC (3.41%), Peregrine Capital Management LLC (1.45%), Two Sigma Advisers LP (1.41%) and Bellevue Group AG (1.38%). Company insiders that own CareDx stock include James P Yee, Michael Brian Bell, Michael Goldberg, Mitchell J Nelles, Neil Gagnon, Peter Maag and Sasha King. View Institutional Ownership Trends for CareDx.

Which institutional investors are selling CareDx stock?

CDNA stock was sold by a variety of institutional investors in the last quarter, including Gagnon Advisors LLC, Gagnon Securities LLC, Two Sigma Investments LP, Perceptive Advisors LLC, Royce & Associates LP, Chicago Equity Partners LLC, RTW Investments LP and Peregrine Capital Management LLC. Company insiders that have sold CareDx company stock in the last year include James P Yee, Michael Brian Bell, Michael Goldberg, Mitchell J Nelles, Neil Gagnon, Peter Maag and Sasha King. View Insider Buying and Selling for CareDx.

Which institutional investors are buying CareDx stock?

CDNA stock was purchased by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, MUFG Securities EMEA plc, MUFG Securities EMEA plc, Kornitzer Capital Management Inc. KS, Bellevue Group AG, BlackRock Inc., Crawford Lake Capital Management LLC and Picton Mahoney Asset Management. Company insiders that have bought CareDx stock in the last two years include Michael Brian Bell, Neil Gagnon and Peter Maag. 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, Scottrade, Fidelity and Charles Schwab.

What is CareDx's stock price today?

One share of CDNA stock can currently be purchased for approximately $36.92.

How big of a company is CareDx?

CareDx has a market capitalization of $1.54 billion 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.

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:  252 (Vote Outperform)
Underperform Votes:  238 (Vote Underperform)
Total Votes:  490
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 3/22/2019 by MarketBeat.com Staff

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