NanoString Technologies, Inc. develops, manufactures and sells intuitive products that unlock scientifically valuable and clinically actionable biologic information from minute amounts of tissue. The Company is engaged in the development, manufacture and commercialization of instruments, consumables and services for profiling the activity of hundreds of genes and proteins simultaneously from a single tissue sample. The Company's nCounter Analysis System is an automated, multi-application, digital detection and counting system, which directly profiles hundreds of molecules simultaneously using a barcoding technology. The Company markets systems and related consumables to researchers in academic, government and biopharmaceutical laboratories for use in understanding fundamental biology and the molecular basis of diseases, such as cancer, and to clinical laboratories and medical centers for diagnostic use.
Industry, Sector and Symbol:
- Sector: Medical
- Industry: Diagnostic & Testing Substances
- Sub-Industry: N/A
- Symbol: NASDAQ:NSTG
- CUSIP: N/A
- Web: www.nanostring.com
Capitalization:- Market Cap: $389.92 million
- Outstanding Shares: 25,204,000
Average Prices:- 50 Day Moving Avg: $15.03
- 200 Day Moving Avg: $16.94
- 52 Week Range: $13.17 - $23.45
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -7.08
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $101.82 million
- Price / Sales: 3.87
- Book Value: $2.07 per share
- Price / Book: 7.56
Profitability:- EBIDTA: ($35,930,000.00)
- Net Margins: -44.28%
- Return on Equity: -329.59%
- Return on Assets: -36.94%
Debt:- Debt-to-Equity Ratio: 0.93%
- Current Ratio: 4.22%
- Quick Ratio: 3.74%
Misc:- Average Volume: 191,950 shs.
- Beta: 1.07
- Short Ratio: 8.01
Frequently Asked Questions for NanoString Technologies (NASDAQ:NSTG)
What is NanoString Technologies' stock symbol?
NanoString Technologies trades on the NASDAQ under the ticker symbol "NSTG."
How were NanoString Technologies' earnings last quarter?
NanoString Technologies, Inc. (NASDAQ:NSTG) announced its quarterly earnings data on Tuesday, August, 8th. The company reported ($0.20) earnings per share for the quarter, beating analysts' consensus estimates of ($0.37) by $0.17. The company earned $34.59 million during the quarter, compared to analyst estimates of $29.87 million. NanoString Technologies had a negative net margin of 44.28% and a negative return on equity of 329.59%. View NanoString Technologies' Earnings History.
What guidance has NanoString Technologies issued on next quarter's earnings?
NanoString Technologies issued an update on its FY17 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of ($2.20)-($2.03) for the period, compared to the Thomson Reuters consensus estimate of ($2.33). The company issued revenue guidance of $114-$118 million, compared to the consensus revenue estimate of $108.47 million.
Where is NanoString Technologies' stock going? Where will NanoString Technologies' stock price be in 2017?
2 brokers have issued 1 year target prices for NanoString Technologies' shares. Their forecasts range from $20.00 to $20.00. On average, they expect NanoString Technologies' stock price to reach $20.00 in the next year. View Analyst Ratings for NanoString Technologies.
Who are some of NanoString Technologies' key competitors?
Some companies that are related to NanoString Technologies include La Jolla Pharmaceutical Company (LJPC), CRISPR THERAPTC (CRSP), Versartis (VSAR), Cytokinetics, Incorporated (CYTK), Audentes Therapeutics (BOLD), Amphastar Pharmaceuticals (AMPH), Revance Therapeutics (RVNC), AtriCure (ATRC), PetIQ (PETQ), U.S. Physical Therapy (USPH), ImmunoGen (IMGN), CryoLife (CRY), Civitas Solutions (CIVI), LeMaitre Vascular (LMAT), Alder BioPharmaceuticals (ALDR), G1 THERAPEUTICS (GTHX), AnaptysBio (ANAB) and Ignyta (RXDX).
Who are NanoString Technologies' key executives?
NanoString Technologies' management team includes the folowing people:
- William D. Young, Independent Chairman of the Board
- R. Bradley Gray, President, Chief Executive Officer, Director
- James A. Johnson, Chief Financial Officer
- J. Chad Brown, Senior Vice President - Sales and Marketing
- Mary Tedd Allen, Senior Vice President - Operations
- Joseph M. Beechem Ph.D., Senior Vice President - Research and Development
- David W. Ghesquiere, Senior Vice President - Corporate & Business Development
- Elisha W. Finney, Director
- Nicholas G. Galakatos Ph.D., Director
- Robert M. Hershberg M.D. Ph.D., Director
Who owns NanoString Technologies stock?
NanoString Technologies' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Clarus Ventures LLC (18.25%), Redmile Group LLC (3.82%), Jennison Associates LLC (3.69%), Vanguard Group Inc. (3.47%), Russell Investments Group Ltd. (2.48%) and RE Advisers Corp (2.40%). Company insiders that own NanoString Technologies stock include Barney Saunders, Charles P Waite Jr, David W Ghesquiere, James A Johnson, R Bradley Gray and Wayne Burns. View Institutional Ownership Trends for NanoString Technologies.
Who sold NanoString Technologies stock? Who is selling NanoString Technologies stock?
NanoString Technologies' stock was sold by a variety of institutional investors in the last quarter, including Redmile Group LLC, Granite Investment Partners LLC, Citadel Advisors LLC, Bank of New York Mellon Corp, New York State Common Retirement Fund, Fred Alger Management Inc., Goldman Sachs Group Inc. and ProShare Advisors LLC. Company insiders that have sold NanoString Technologies stock in the last year include Barney Saunders, Charles P Waite Jr, James A Johnson, R Bradley Gray and Wayne Burns. View Insider Buying and Selling for NanoString Technologies.
Who bought NanoString Technologies stock? Who is buying NanoString Technologies stock?
NanoString Technologies' stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Marshall Wace North America L.P., Vanguard Group Inc., ARK Investment Management LLC, Spark Investment Management LLC, Penn Capital Management Co. Inc., Candriam Luxembourg S.C.A. and Nationwide Fund Advisors. View Insider Buying and Selling for NanoString Technologies.
How do I buy NanoString Technologies stock?
Shares of NanoString Technologies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is NanoString Technologies' stock price today?
One share of NanoString Technologies stock can currently be purchased for approximately $15.64.
MarketBeat Community Rating for NanoString Technologies (NASDAQ NSTG)MarketBeat's community ratings are surveys of what our community members think about NanoString Technologies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for NanoString Technologies (NASDAQ:NSTG) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 1 Buy Rating |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | $20.00 (27.88% upside) |
Analysts' Ratings History for NanoString Technologies (NASDAQ:NSTG)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/14/2017 | Cowen and Company | Reiterated Rating | Buy | | Low |  |
| 4/20/2017 | Morgan Stanley | Downgrade | Overweight -> Equal Weight | $23.00 -> $20.00 | High | |
| 8/5/2016 | BTIG Research | Reiterated Rating | Buy | $20.00 | N/A | |
| 5/8/2016 | Robert W. Baird | Reiterated Rating | Buy | | N/A | |
| 3/15/2016 | Janney Montgomery Scott | Initiated Coverage | Buy | $21.00 | N/A | |
(Data available from 9/23/2015 forward)
Earnings History for NanoString Technologies (NASDAQ:NSTG)Earnings History by Quarter for NanoString Technologies (NASDAQ NSTG)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/8/2017 | Q2 2017 | ($0.37) | ($0.20) | $29.87 million | $34.59 million | View | Listen | |
| 5/4/2017 | Q1 2017 | ($0.87) | ($0.87) | $17.53 million | $18.10 million | View | Listen | |
| 3/1/2017 | Q4 2016 | ($0.52) | ($0.55) | $24.90 million | $25.23 million | View | Listen | |
| 11/2/2016 | Q316 | ($0.52) | ($0.51) | $23.46 million | $23.90 million | View | N/A | |
| 8/3/2016 | Q2 | ($0.66) | ($0.55) | $19.62 million | $22.60 million | View | N/A | |
| 5/5/2016 | Q1 | ($0.69) | ($0.74) | $14.92 million | $14.70 million | View | N/A | |
| 2/29/2016 | Q4 | ($0.54) | ($0.44) | $21.12 million | $22.30 million | View | N/A | |
| 11/2/2015 | Q315 | ($0.50) | ($0.49) | $15.44 million | $15.70 million | View | Listen | |
| 8/4/2015 | Q215 | ($0.57) | ($0.66) | $12.80 million | $13.10 million | View | N/A | |
| 5/6/2015 | Q115 | ($0.58) | ($0.81) | $12.10 million | $11.59 million | View | N/A | |
| 11/4/2014 | Q314 | ($0.56) | ($0.54) | $11.80 million | $12.30 million | View | N/A | |
| 8/5/2014 | Q214 | ($0.71) | ($0.58) | $10.20 million | $10.90 million | View | N/A | |
| 5/7/2014 | Q114 | ($0.70) | ($0.56) | $8.37 million | $8.70 million | View | N/A | |
| 2/26/2014 | Q4 | ($0.89) | ($0.60) | $9.61 million | $10.10 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for NanoString Technologies (NASDAQ:NSTG)Current Year EPS Consensus Estimate: $-2.12 EPS
Next Year EPS Consensus Estimate: $-2.21 EPS
Dividend History for NanoString Technologies (NASDAQ:NSTG)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for NanoString Technologies (NASDAQ:NSTG)Insider Ownership Percentage: 24.40%
Institutional Ownership Percentage: 92.98%
Insider Trades by Quarter for NanoString Technologies (NASDAQ:NSTG)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 4/3/2017 | R Bradley Gray | Insider | Sell | 1,100 | $20.58 | $22,638.00 | |
| 12/6/2016 | Wayne Burns | SVP | Sell | 21,666 | $22.04 | $477,518.64 | |
| 11/21/2016 | Charles P Waite Jr | Director | Sell | 588,024 | $21.25 | $12,495,510.00 | |
| 11/11/2016 | Barney Saunders | SVP | Sell | 11,983 | $22.48 | $269,377.84 | |
| 11/11/2016 | James A Johnson | CFO | Sell | 10,000 | $22.57 | $225,700.00 | |
| 11/11/2016 | R Bradley Gray | Insider | Sell | 37,325 | $22.49 | $839,439.25 | |
| 10/26/2016 | Charles P Waite Jr | Director | Sell | 42,489 | $20.56 | $873,573.84 | |
| 9/8/2016 | Charles P Waite Jr | Director | Sell | 29,105 | $16.51 | $480,523.55 | |
| 9/7/2016 | Wayne Burns | SVP | Sell | 3,961 | $16.50 | $65,356.50 | |
| 8/30/2016 | Charles P Waite Jr | Director | Sell | 111,060 | $16.57 | $1,840,264.20 | |
| 8/25/2016 | Charles P Waite Jr | Director | Sell | 40,363 | $16.59 | $669,622.17 | |
| 8/22/2016 | Charles P Waite Jr | Director | Sell | 72,145 | $16.61 | $1,198,328.45 | |
| 8/16/2016 | Charles P Waite Jr | Director | Sell | 257,698 | $16.55 | $4,264,901.90 | |
| 3/2/2016 | David W Ghesquiere | SVP | Sell | 1,321 | $14.86 | $19,630.06 | |
| 8/13/2015 | Wayne Burns | SVP | Sell | 30,000 | $14.93 | $447,900.00 | |
| 12/2/2014 | Barney Saunders | SVP | Sell | 30,000 | $14.93 | $447,900.00 | |
| 11/14/2014 | Charles P Waite Jr | Director | Sell | 14,632 | $12.25 | $179,242.00 | |
| 9/8/2014 | Charles P Waite Jr | Director | Sell | 45,000 | $11.21 | $504,450.00 | |
| 9/5/2014 | Charles P Waite Jr | Director | Sell | 86,942 | $11.17 | $971,142.14 | |
| 9/3/2014 | Ovp Venture Partners Vi Lp | Major Shareholder | Sell | 35,000 | $11.15 | $390,250.00 | |
| 8/19/2014 | Charles P Waite Jr | Director | Sell | 1,700 | $12.01 | $20,417.00 | |
| 8/19/2014 | Ovp Venture Partners Vi Lp | Major Shareholder | Sell | 20,257 | $12.05 | $244,096.85 | |
| 8/18/2014 | Charles P Waite Jr | Director | Sell | 18,557 | $12.05 | $223,611.85 | |
| 8/18/2014 | Ovp Venture Partners Vi Lp | Major Shareholder | Sell | 11,925 | $12.05 | $143,696.25 | |
| 8/15/2014 | Ovp Venture Partners Vi Lp | Major Shareholder | Sell | 28,801 | $12.36 | $355,980.36 | |
| 6/13/2014 | Charles P Waite Jr | Director | Sell | 166,755 | $15.08 | $2,514,665.40 | |
| 6/13/2014 | Wayne Burns | SVP | Sell | 4,900 | $15.01 | $73,549.00 | |
| 6/12/2014 | Barney Saunders | SVP | Sell | 28,000 | $15.04 | $421,120.00 | |
| 6/10/2014 | Ovp Venture Partners Vi Lp | Major Shareholder | Sell | 160,000 | $15.48 | $2,476,800.00 | |
| 6/9/2014 | Wayne Burns | SVP | Sell | 20,100 | $15.76 | $316,776.00 | |
| 7/1/2013 | Lifesciences Ii L.P. Clarus | Major Shareholder | Buy | 750,000 | $10.00 | $7,500,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for NanoString Technologies (NASDAQ:NSTG)
Latest Headlines for NanoString Technologies (NASDAQ:NSTG)
| Source: |
|
| Date | Headline |
|---|
 | Have Investors Already Priced In NanoString Technologies Inc’s (NSTG) Growth?
finance.yahoo.com - September 22 at 11:32 AM |
| NanoString’s Hyb & Seq™ Enables Liquid Biopsy by the Direct Capture and Sequencing of Cell-Free DNA
finance.yahoo.com - September 19 at 5:30 AM |
| NanoString to Webcast Presentation at the 2017 Morgan Stanley Global Healthcare Conference
finance.yahoo.com - September 8 at 6:31 AM |
| Anthem Issues Positive Coverage Decision for NanoString’s Prosigna® Breast Cancer Assay
finance.yahoo.com - September 6 at 6:58 AM |
 | NanoString Technologies, Inc. (NSTG) Expected to Post Quarterly Sales of $27.54 Million
www.americanbankingnews.com - September 4 at 9:10 AM |
| Analysts Expect NanoString Technologies, Inc. (NSTG) Will Post Earnings of -$0.55 Per Share
www.americanbankingnews.com - September 2 at 12:10 PM |
| NanoString Technologies, Inc. breached its 50 day moving average in a Bullish Manner : NSTG-US : August 31, 2017
finance.yahoo.com - September 1 at 6:30 AM |
| NanoString to Webcast Presentation at the 2017 Baird Global Healthcare Conference
finance.yahoo.com - September 1 at 6:30 AM |
| Brokerages Expect NanoString Technologies, Inc. (NSTG) Will Announce Quarterly Sales of $27.54 Million
www.americanbankingnews.com - August 17 at 9:28 AM |
| Edited Transcript of NSTG earnings conference call or presentation 8-Aug-17 8:30pm GMT
finance.yahoo.com - August 12 at 11:22 PM |
| Zacks Investment Research Downgrades NanoString Technologies, Inc. (NSTG) to Hold
www.americanbankingnews.com - August 12 at 7:02 PM |
| Natera (NTRA) vs. NanoString Technologies (NSTG) Financial Comparison
www.americanbankingnews.com - August 11 at 2:44 PM |
| NanoString Technologies, Inc. (NASDAQ:NSTG) Posts Earnings Results, Beats Expectations By $0.17 EPS
www.americanbankingnews.com - August 9 at 7:48 PM |
| NanoString Technologies Releases Operating Results for Second Quarter of 2017
finance.yahoo.com - August 9 at 5:22 AM |
| NanoString reports 2Q loss
finance.yahoo.com - August 9 at 5:22 AM |
| NanoString Technologies, Inc. (NSTG) Issues FY17 Earnings Guidance
www.americanbankingnews.com - August 8 at 9:06 PM |
| Analyzing Quotient Limited (QTNT) & NanoString Technologies (NASDAQ:NSTG)
www.americanbankingnews.com - August 4 at 7:42 AM |
| Quotient Limited (QTNT) versus NanoString Technologies (NASDAQ:NSTG) Head to Head Analysis
www.americanbankingnews.com - August 2 at 4:34 PM |
| Critical Survey: Lantheus Holdings (LNTH) & NanoString Technologies (NSTG)
www.americanbankingnews.com - August 1 at 9:23 AM |
| NanoString Technologies (NASDAQ:NSTG) vs. Lantheus Holdings (LNTH) Critical Review
www.americanbankingnews.com - July 29 at 6:13 PM |
| NanoString Technologies, Inc. (NASDAQ:NSTG) Downgraded to Strong Sell at BidaskClub
www.americanbankingnews.com - July 29 at 1:36 PM |
| $29.87 Million in Sales Expected for NanoString Technologies, Inc. (NSTG) This Quarter
www.americanbankingnews.com - July 29 at 7:21 AM |
| Analysts Anticipate NanoString Technologies, Inc. (NASDAQ:NSTG) to Announce -$0.64 Earnings Per Share
www.americanbankingnews.com - July 27 at 8:09 PM |
| NanoString Technologies, Inc. (NASDAQ:NSTG) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 17 at 12:04 PM |
| Quotient Limited (QTNT) & NanoString Technologies (NSTG) Financial Comparison
www.americanbankingnews.com - July 17 at 11:30 AM |
| NanoString Technologies, Inc. (NSTG) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - July 16 at 11:26 PM |
| NanoString Technologies, Inc. (NASDAQ:NSTG) Stock Rating Reaffirmed by Cowen and Company
www.americanbankingnews.com - July 15 at 8:06 AM |
| NanoString to Release Second Quarter 2017 Financial Results and Host Conference Call on Tuesday, August 8, 2017
finance.yahoo.com - July 11 at 5:52 AM |
| Zacks Investment Research Lowers NanoString Technologies, Inc. (NASDAQ:NSTG) to Sell
www.americanbankingnews.com - July 6 at 9:00 AM |
| Analysts Expect NanoString Technologies, Inc. (NASDAQ:NSTG) Will Announce Quarterly Sales of $29.87 Million
www.americanbankingnews.com - July 5 at 9:51 AM |
| NanoString Appoints J. Chad Brown as Senior Vice President of Sales and Marketing
finance.yahoo.com - July 5 at 9:02 AM |
| NanoString Technologies, Inc. (NSTG) Upgraded at Zacks Investment Research
www.americanbankingnews.com - July 5 at 7:48 AM |
| Zacks: Brokerages Anticipate NanoString Technologies, Inc. (NSTG) to Announce -$0.64 EPS
www.americanbankingnews.com - July 3 at 4:27 PM |
| NanoString Technologies, Inc. (NASDAQ:NSTG) Upgraded at ValuEngine
www.americanbankingnews.com - July 1 at 8:08 PM |
| NanoString Technologies, Inc. (NSTG) Stock Rating Lowered by ValuEngine
www.americanbankingnews.com - June 13 at 3:28 PM |
| $29.87 Million in Sales Expected for NanoString Technologies Inc (NSTG) This Quarter
www.americanbankingnews.com - June 9 at 1:30 PM |
| -$0.66 Earnings Per Share Expected for NanoString Technologies Inc (NSTG) This Quarter
www.americanbankingnews.com - June 7 at 2:14 PM |
| NanoString Technologies Announces Closing of Public Offering of 3,450,000 Shares of Common Stock Including Exercise in Full of Option to Purchase Additional Shares
finance.yahoo.com - June 6 at 7:38 PM |
| NanoString Technologies Inc (NSTG) Upgraded to "Hold" by ValuEngine
www.americanbankingnews.com - June 3 at 11:58 PM |
 | NanoString Technologies (NSTG) Prices 3M Common Stock Offering at $16.75/Share
www.streetinsider.com - June 1 at 7:45 PM |
| NanoString Technologies Announces Pricing of Offering of 3,000,000 Shares of Common Stock
finance.yahoo.com - June 1 at 7:45 PM |
| NanoString Technologies Announces Offering of Common Stock
finance.yahoo.com - May 31 at 7:14 PM |
| NanoString Highlights Record Number of nCounter-Related Research Abstracts Showcasing Advances in Precision Oncology at the 53rd Annual Meeting of the American Society of Clinical Oncology (ASCO)
finance.yahoo.com - May 26 at 5:10 AM |
| ETFs with exposure to NanoString Technologies, Inc. : May 22, 2017
finance.yahoo.com - May 22 at 6:08 PM |
| Zacks Investment Research Upgrades NanoString Technologies Inc (NSTG) to Hold
www.americanbankingnews.com - May 14 at 9:32 PM |
| NanoString Technologies Inc (NSTG) Expected to Post Quarterly Sales of $23.97 Million
www.americanbankingnews.com - May 13 at 8:00 AM |
| ETFs with exposure to NanoString Technologies, Inc. : May 11, 2017
finance.yahoo.com - May 11 at 7:22 PM |
| NanoString Technologies Inc (NSTG) Expected to Post Earnings of -$0.64 Per Share
www.americanbankingnews.com - May 11 at 6:28 PM |
| NanoString Technologies, Inc. breached its 50 day moving average in a Bullish Manner : NSTG-US : May 11, 2017
finance.yahoo.com - May 11 at 9:15 AM |
| NanoString Appoints Elisha W. Finney to Board of Directors
finance.yahoo.com - May 10 at 12:00 PM |
NanoString Technologies (NSTG) Chart for Saturday, September, 23, 2017
