NASDAQ:CDNA - CareDx Stock Price, Forecast & News

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

CareDx Inc (NASDAQ:CDNA) posted its quarterly earnings data on Thursday, October, 31st. The company reported $0.02 EPS for the quarter, beating the consensus estimate of $0.01 by $0.01. The business 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% on a year-over-year basis. View CareDx's Earnings History.

CareDx is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for CareDx.

CareDx will be holding an earnings conference call on Thursday, February 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

CareDx issued an update on its FY 2019 Pre-Market earnings guidance on Monday, January, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $127-127.3 million, compared to the consensus revenue estimate of $125.4 million.

5 analysts have issued 12 month target prices for CareDx's shares. Their forecasts range from $43.00 to $63.00. On average, they anticipate CareDx's share price to reach $53.00 in the next year. This suggests a possible upside of 98.7% from the stock's current price. View Analyst Price Targets 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.

Media headlines about CDNA stock have trended very negative on Monday, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. CareDx earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for CareDx.

CareDx saw a increase in short interest in January. As of January 31st, there was short interest totalling 4,820,000 shares, an increase of 26.5% from the January 15th total of 3,810,000 shares. Based on an average trading volume of 776,300 shares, the short-interest ratio is presently 6.2 days. Approximately 11.8% of the shares of the stock are sold short. View CareDx's Current Options Chain.

Some companies that are related to CareDx include ELEKTA AB/ADR (EKTAY), Natera (NTRA), InVitae (NVTA), Veracyte (VCYT), RadNet (RDNT), Castle Biosciences (CSTL), Fulgent Genetics (FLGT), Personalis (PSNL), Centogene (CNTG), DermTech (DMTK), Anpac Bio-Medical Science (ANPC), Celcuity (CELC), Enzo Biochem (ENZ), Psychemedics (PMD) and Miragen Therapeutics (MGEN).

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

CareDx's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Fred Alger Management LLC (12.22%), State Street Corp (6.04%), Credit Suisse AG (3.24%), Casdin Capital LLC (2.83%), Gagnon Securities LLC (2.33%) and Lord Abbett & CO. LLC (1.89%). 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.

CDNA stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, State Street Corp, Goldman Sachs Group Inc., Rafferty Asset Management LLC, UBS Group AG, Citigroup Inc., AQR Capital Management LLC and Russell Investments Group Ltd.. 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.

CDNA stock was acquired by a variety of institutional investors in the last quarter, including Rice Hall James & Associates LLC, Fred Alger Management LLC, Sumitomo Mitsui Trust Holdings Inc., Schonfeld Strategic Advisors LLC, Nikko Asset Management Americas Inc., ARK Investment Management LLC, Royce & Associates LP and Casdin Capital LLC. View Insider Buying and Selling for 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.

One share of CDNA stock can currently be purchased for approximately $26.67.

CareDx has a market capitalization of $1.13 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.View Additional Information About CareDx.

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

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]