NASDAQ:NSTG NanoString Technologies (NSTG) Stock Forecast, Price & News $5.73 -0.16 (-2.72%) (As of 06/1/2023 ET) Add Compare Share Share Today's Range$5.58▼$5.9250-Day Range$5.45▼$10.4052-Week Range$4.37▼$18.51Volume1.12 million shsAverage Volume1.69 million shsMarket Capitalization$271.20 millionP/E RatioN/ADividend YieldN/APrice Target$17.83 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability NanoString Technologies MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside211.2% Upside$17.83 Price TargetShort InterestBearish10.06% of Shares Sold ShortDividend StrengthN/ASustainability-1.07Upright™ Environmental ScoreNews Sentiment0.76Based on 14 Articles This WeekInsider TradingAcquiring Shares$685,026 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($2.31) to ($1.52) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.15 out of 5 starsMedical Sector835th out of 1,980 stocksBiological Products, Except Diagnostic Industry113th out of 330 stocks 3.4 Analyst's Opinion Consensus RatingNanoString Technologies has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.83, NanoString Technologies has a forecasted upside of 211.2% from its current price of $5.73.Amount of Analyst CoverageNanoString Technologies has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.06% of the outstanding shares of NanoString Technologies have been sold short.Short Interest Ratio / Days to CoverNanoString Technologies has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in NanoString Technologies has recently increased by 10.44%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldNanoString Technologies does not currently pay a dividend.Dividend GrowthNanoString Technologies does not have a long track record of dividend growth. Previous Next 4.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreNanoString Technologies has received a 60.58% net impact score from Upright. The largest positive contribution comes from its "Creating knowledge" impact, which is mostly driven by its "Cell analysis software", "Cell analysis systems", and "Biochemical assay kits" products. See details.Environmental SustainabilityThe Environmental Impact score for NanoString Technologies is -1.07. Previous Next 3.2 News and Social Media Coverage News SentimentNanoString Technologies has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 14 news articles for NanoString Technologies this week, compared to 2 articles on an average week.Search Interest10 people have searched for NSTG on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added NanoString Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NanoString Technologies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $685,026.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.50% of the stock of NanoString Technologies is held by insiders. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for NanoString Technologies are expected to grow in the coming year, from ($2.31) to ($1.52) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NanoString Technologies is -1.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of NanoString Technologies is -1.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNanoString Technologies has a P/B Ratio of 19.76. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About NanoString Technologies (NASDAQ:NSTG) StockNanoString Technologies, Inc. engages in the development and commercialization of instruments and services for profiling of genes and proteins from tissue sample. It offers the GeoMx Digital Spatial Profiler, nCounter Analysis System product platforms, GeoMx Assays, nCounter Panels & Assays and CosMx Spatial Molecular. The company was founded by Amber Ratcliffe, Krassen Dimitrov, and Dwayne Dunaway on June, 2003 and is headquartered in Seattle, WA.Read More Receive NSTG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NanoString Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address NSTG Stock News HeadlinesJune 2, 2023 | americanbankingnews.comInsider Buying: NanoString Technologies, Inc. (NASDAQ:NSTG) CFO Acquires $86,400.00 in StockJune 2, 2023 | americanbankingnews.comNanoString Technologies, Inc. (NASDAQ:NSTG) CEO Acquires $174,000.00 in StockJune 2, 2023 | Edge On The Street (Ad)The Graphite Shortage Story You're Not Being ToldGraphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security. June 1, 2023 | finanznachrichten.deNanoString Technologies, Inc.: Owkin Powers a New Era in Oncology Research with MOSAIC - An Unprecedented $50 Million Spatial Atlas of Cancer CellsJune 1, 2023 | finance.yahoo.comOwkin Powers a New Era in Oncology Research with MOSAIC – An Unprecedented $50 Million Spatial Atlas of Cancer CellsMay 31, 2023 | finance.yahoo.comNanoString to Webcast Presentation from Jefferies Healthcare ConferenceMay 30, 2023 | benzinga.comNanoString Technologies Chief Financial Officer Trades Company's StockMay 30, 2023 | americanbankingnews.comBrokerages Set NanoString Technologies, Inc. (NASDAQ:NSTG) Price Target at $17.83June 2, 2023 | Edge On The Street (Ad)Is Graphite the New Lithium?Did you know that graphite (NOT lithium) is the largest component of lithium batteries used for EV's? Unfortunately, there are no graphite-producing mines in North America today. This leaves the U.S. at the mercy of China for our vital graphite supply.May 28, 2023 | finance.yahoo.comNanoString Technologies Independent Director Acquires 313% More StockMay 28, 2023 | finance.yahoo.comNanoString Technologies Independent Director Acquires 313% More Stock \May 22, 2023 | americanbankingnews.comNanoString Technologies (NASDAQ:NSTG) Coverage Initiated by Analysts at StockNews.comMay 22, 2023 | finance.yahoo.comNanoString to Host Conference Call on Monday, May 22, 2023, to Provide Comments on Decision of the Regional Court of MunichMay 17, 2023 | finance.yahoo.comNanoString Responds to Decision of the Regional Court of MunichMay 9, 2023 | finance.yahoo.comIt's A Story Of Risk Vs Reward With NanoString Technologies, Inc. (NASDAQ:NSTG)May 8, 2023 | msn.comMorgan Stanley Maintains Nanostring Technologies (NSTG) Equal-Weight RecommendationMay 6, 2023 | markets.businessinsider.comRobert W. Baird Sticks to Its Buy Rating for NanoString Tech (NSTG)May 3, 2023 | msn.comNanoString Technologies: Q1 Earnings InsightsMay 3, 2023 | finance.yahoo.comNanoString Technologies Releases Operating Results for First Quarter of 2023May 1, 2023 | americanbankingnews.comNanoString Technologies (NSTG) Set to Announce Earnings on WednesdayApril 12, 2023 | finance.yahoo.comInvestors in NanoString Technologies (NASDAQ:NSTG) have unfortunately lost 69% over the last yearApril 10, 2023 | finance.yahoo.comNanoString to Release First Quarter 2023 Operating Results and Host Conference Call on Wednesday, May 3, 2023April 10, 2023 | americanbankingnews.comBrokerages Set NanoString Technologies, Inc. (NASDAQ:NSTG) Price Target at $20.57April 9, 2023 | americanbankingnews.comNanoString Technologies (NSTG) Scheduled to Post Quarterly Earnings on MondayMarch 15, 2023 | reuters.comNSTG.OQ - | Stock Price & Latest News | ReutersMarch 8, 2023 | finance.yahoo.comNanoString Reports Inducement Grants Under Nasdaq Listing RulesMarch 2, 2023 | finance.yahoo.comNanoString Technologies Full Year 2022 Earnings: EPS Misses ExpectationsSee More Headlines NSTG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NSTG Company Calendar Last Earnings5/03/2023Today6/02/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Biological products, except diagnostic Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:NSTG CUSIPN/A CIK1401708 Webwww.nanostring.com Phone(888) 358-6266Fax206-378-6288Employees766Year FoundedN/APrice Target and Rating Average Stock Price Forecast$17.83 High Stock Price Forecast$24.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+211.2%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($3.47) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-159,540,000.00 Net Margins-122.19% Pretax Margin-121.96% Return on Equity-252.96% Return on Assets-43.86% Debt Debt-to-Equity Ratio16.67 Current Ratio4.34 Quick Ratio3.54 Sales & Book Value Annual Sales$127.26 million Price / Sales2.13 Cash FlowN/A Price / Cash FlowN/A Book Value$0.29 per share Price / Book19.76Miscellaneous Outstanding Shares47,330,000Free Float46,151,000Market Cap$271.20 million OptionableOptionable Beta1.64 Key ExecutivesRobert Bradley GrayPresident, Chief Executive Officer & DirectorMark A. WinhamSenior Vice President-OperationsKenneth Thomas BaileyChief Financial OfficerJoseph M. BeechemChief Scientific Officer, SVP-R&DDavid W. GhesquiereSenior VP-Corporate & Business DevelopmentKey CompetitorsProKidneyNASDAQ:PROKCabaletta BioNASDAQ:CABASOPHiA GENETICSNASDAQ:SOPHSutro BiopharmaNASDAQ:STROKodiak SciencesNASDAQ:KODView All CompetitorsInsiders & InstitutionsK Thomas BaileyBought 15,000 shares on 5/26/2023Total: $86,400.00 ($5.76/share)R Bradley GrayBought 30,000 shares on 5/25/2023Total: $174,000.00 ($5.80/share)Legato Capital Management LLCBought 60,580 shares on 5/25/2023Ownership: 0.128%William YoungBought 35,400 shares on 5/24/2023Total: $201,426.00 ($5.69/share)JPMorgan Chase & Co.Bought 160,878 shares on 5/18/2023Ownership: 0.672%View All Insider TransactionsView All Institutional Transactions NSTG Stock - Frequently Asked Questions Should I buy or sell NanoString Technologies stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NanoString Technologies in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NSTG shares. View NSTG analyst ratings or view top-rated stocks. What is NanoString Technologies' stock price forecast for 2023? 5 brokerages have issued 1-year price objectives for NanoString Technologies' stock. Their NSTG share price forecasts range from $14.00 to $24.00. On average, they expect the company's stock price to reach $17.83 in the next year. This suggests a possible upside of 211.2% from the stock's current price. View analysts price targets for NSTG or view top-rated stocks among Wall Street analysts. How have NSTG shares performed in 2023? NanoString Technologies' stock was trading at $7.97 at the beginning of 2023. Since then, NSTG stock has decreased by 28.1% and is now trading at $5.73. View the best growth stocks for 2023 here. When is NanoString Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our NSTG earnings forecast. How were NanoString Technologies' earnings last quarter? NanoString Technologies, Inc. (NASDAQ:NSTG) announced its quarterly earnings data on Wednesday, May, 3rd. The biotechnology company reported ($0.88) EPS for the quarter, missing analysts' consensus estimates of ($0.72) by $0.16. The biotechnology company earned $35.81 million during the quarter, compared to analysts' expectations of $33.13 million. NanoString Technologies had a negative net margin of 122.19% and a negative trailing twelve-month return on equity of 252.96%. The business's quarterly revenue was up 15.2% compared to the same quarter last year. During the same quarter last year, the business posted ($0.86) EPS. What ETFs hold NanoString Technologies' stock? ETFs with the largest weight of NanoString Technologies (NASDAQ:NSTG) stock in their portfolio include ROBO Global Healthcare Technology and Innovation ETF (HTEC), Global X Genomics & Biotechnology ETF (GNOM), Invesco Nasdaq Future Gen 200 ETF (QQQS), WisdomTree BioRevolution Fund (WDNA), Principal Healthcare Innovators ETF (BTEC), iShares Biotechnology ETF (IBB), Invesco Nasdaq Biotechnology ETF (IBBQ) and iShares U.S. Medical Devices ETF (IHI). What guidance has NanoString Technologies issued on next quarter's earnings? NanoString Technologies updated its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $175.00 million-$185.00 million, compared to the consensus revenue estimate of $174.78 million. What is Brad Gray's approval rating as NanoString Technologies' CEO? 36 employees have rated NanoString Technologies Chief Executive Officer Brad Gray on Glassdoor.com. Brad Gray has an approval rating of 65% among the company's employees. What other stocks do shareholders of NanoString Technologies own? Based on aggregate information from My MarketBeat watchlists, some companies that other NanoString Technologies investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Aegean Marine Petroleum Network (ANW), Chipotle Mexican Grill (CMG), Precision Drilling (PD), AutoZone (AZO), Designer Brands (DBI), Bank of the Ozarks (OZRK) and Vista Outdoor (VSTO). What is NanoString Technologies' stock symbol? NanoString Technologies trades on the NASDAQ under the ticker symbol "NSTG." Who are NanoString Technologies' major shareholders? NanoString Technologies' stock is owned by a variety of retail and institutional investors. Top institutional investors include Wellington Management Group LLP (10.39%), BlackRock Inc. (10.06%), Platinum Investment Management Ltd. (2.60%), State Street Corp (2.38%), Bank of America Corp DE (2.27%) and Assenagon Asset Management S.A. (1.90%). Insiders that own company stock include Charles P Waite Jr, Elisha W Finney, Gregory Norden, J Chad Brown, Joseph M Beechem, K Thomas Bailey, Kirk Malloy, R Bradley Gray, Robert Hershberg and William Young. View institutional ownership trends. How do I buy shares of NanoString Technologies? Shares of NSTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is NanoString Technologies' stock price today? One share of NSTG stock can currently be purchased for approximately $5.73. How much money does NanoString Technologies make? NanoString Technologies (NASDAQ:NSTG) has a market capitalization of $271.20 million and generates $127.26 million in revenue each year. The biotechnology company earns $-159,540,000.00 in net income (profit) each year or ($3.47) on an earnings per share basis. How many employees does NanoString Technologies have? The company employs 766 workers across the globe. How can I contact NanoString Technologies? NanoString Technologies' mailing address is 530 FAIRVIEW AVENUE NORTH SUITE 2000, SEATTLE WA, 98109. The official website for the company is www.nanostring.com. The biotechnology company can be reached via phone at (888) 358-6266, via email at dfarrell@nanostring.com, or via fax at 206-378-6288. This page (NASDAQ:NSTG) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding NanoString Technologies, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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