NanoString Technologies Company Profile (NASDAQ:NSTG)

About NanoString Technologies (NASDAQ:NSTG)

NanoString Technologies logoNanoString 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: $394.19 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) released its earnings results on Tuesday, August, 8th. The company reported ($0.20) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.37) by $0.17. The company earned $34.59 million during the quarter, compared to analysts' expectations 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 (EPS) 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 twelve-month price targets 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 twelve months. View Analyst Ratings for NanoString Technologies.

Who are some of NanoString Technologies' key competitors?

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 a variety of of retail and institutional investors. Top institutional investors 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 purchased 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)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  123 (Vote Outperform)
Underperform Votes:  101 (Vote Underperform)
Total Votes:  224
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.

Analyst Ratings

Consensus Ratings for NanoString Technologies (NASDAQ:NSTG) (How are Consensus Ratings Calculated?)
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:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/14/2017Cowen and CompanyReiterated RatingBuyLowView Rating Details
4/20/2017Morgan StanleyDowngradeOverweight -> Equal Weight$23.00 -> $20.00HighView Rating Details
8/5/2016BTIG ResearchReiterated RatingBuy$20.00N/AView Rating Details
5/8/2016Robert W. BairdReiterated RatingBuyN/AView Rating Details
3/15/2016Janney Montgomery ScottInitiated CoverageBuy$21.00N/AView Rating Details
(Data available from 9/24/2015 forward)

Earnings

Earnings History for NanoString Technologies (NASDAQ:NSTG)
Earnings by Quarter for NanoString Technologies (NASDAQ:NSTG)
Earnings History by Quarter for NanoString Technologies (NASDAQ NSTG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/8/2017Q2 2017($0.37)($0.20)$29.87 million$34.59 millionViewListenView Earnings Details
5/4/2017Q1 2017($0.87)($0.87)$17.53 million$18.10 millionViewListenView Earnings Details
3/1/2017Q4 2016($0.52)($0.55)$24.90 million$25.23 millionViewListenView Earnings Details
11/2/2016Q316($0.52)($0.51)$23.46 million$23.90 millionViewN/AView Earnings Details
8/3/2016Q2($0.66)($0.55)$19.62 million$22.60 millionViewN/AView Earnings Details
5/5/2016Q1($0.69)($0.74)$14.92 million$14.70 millionViewN/AView Earnings Details
2/29/2016Q4($0.54)($0.44)$21.12 million$22.30 millionViewN/AView Earnings Details
11/2/2015Q315($0.50)($0.49)$15.44 million$15.70 millionViewListenView Earnings Details
8/4/2015Q215($0.57)($0.66)$12.80 million$13.10 millionViewN/AView Earnings Details
5/6/2015Q115($0.58)($0.81)$12.10 million$11.59 millionViewN/AView Earnings Details
11/4/2014Q314($0.56)($0.54)$11.80 million$12.30 millionViewN/AView Earnings Details
8/5/2014Q214($0.71)($0.58)$10.20 million$10.90 millionViewN/AView Earnings Details
5/7/2014Q114($0.70)($0.56)$8.37 million$8.70 millionViewN/AView Earnings Details
2/26/2014Q4($0.89)($0.60)$9.61 million$10.10 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for NanoString Technologies (NASDAQ:NSTG)
Current Year EPS Consensus Estimate: $-2.12 EPS
Next Year EPS Consensus Estimate: $-2.21 EPS

Dividends

Dividend History for NanoString Technologies (NASDAQ:NSTG)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

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)
Institutional Ownership by Quarter for NanoString Technologies (NASDAQ:NSTG)
Insider Trades by Quarter for NanoString Technologies (NASDAQ:NSTG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/3/2017R Bradley GrayInsiderSell1,100$20.58$22,638.00View SEC Filing  
12/6/2016Wayne BurnsSVPSell21,666$22.04$477,518.64View SEC Filing  
11/21/2016Charles P Waite JrDirectorSell588,024$21.25$12,495,510.00View SEC Filing  
11/11/2016Barney SaundersSVPSell11,983$22.48$269,377.84View SEC Filing  
11/11/2016James A JohnsonCFOSell10,000$22.57$225,700.00View SEC Filing  
11/11/2016R Bradley GrayInsiderSell37,325$22.49$839,439.25View SEC Filing  
10/26/2016Charles P Waite JrDirectorSell42,489$20.56$873,573.84View SEC Filing  
9/8/2016Charles P Waite JrDirectorSell29,105$16.51$480,523.55View SEC Filing  
9/7/2016Wayne BurnsSVPSell3,961$16.50$65,356.50View SEC Filing  
8/30/2016Charles P Waite JrDirectorSell111,060$16.57$1,840,264.20View SEC Filing  
8/25/2016Charles P Waite JrDirectorSell40,363$16.59$669,622.17View SEC Filing  
8/22/2016Charles P Waite JrDirectorSell72,145$16.61$1,198,328.45View SEC Filing  
8/16/2016Charles P Waite JrDirectorSell257,698$16.55$4,264,901.90View SEC Filing  
3/2/2016David W GhesquiereSVPSell1,321$14.86$19,630.06View SEC Filing  
8/13/2015Wayne BurnsSVPSell30,000$14.93$447,900.00View SEC Filing  
12/2/2014Barney SaundersSVPSell30,000$14.93$447,900.00View SEC Filing  
11/14/2014Charles P Waite JrDirectorSell14,632$12.25$179,242.00View SEC Filing  
9/8/2014Charles P Waite JrDirectorSell45,000$11.21$504,450.00View SEC Filing  
9/5/2014Charles P Waite JrDirectorSell86,942$11.17$971,142.14View SEC Filing  
9/3/2014Ovp Venture Partners Vi LpMajor ShareholderSell35,000$11.15$390,250.00View SEC Filing  
8/19/2014Charles P Waite JrDirectorSell1,700$12.01$20,417.00View SEC Filing  
8/19/2014Ovp Venture Partners Vi LpMajor ShareholderSell20,257$12.05$244,096.85View SEC Filing  
8/18/2014Charles P Waite JrDirectorSell18,557$12.05$223,611.85View SEC Filing  
8/18/2014Ovp Venture Partners Vi LpMajor ShareholderSell11,925$12.05$143,696.25View SEC Filing  
8/15/2014Ovp Venture Partners Vi LpMajor ShareholderSell28,801$12.36$355,980.36View SEC Filing  
6/13/2014Charles P Waite JrDirectorSell166,755$15.08$2,514,665.40View SEC Filing  
6/13/2014Wayne BurnsSVPSell4,900$15.01$73,549.00View SEC Filing  
6/12/2014Barney SaundersSVPSell28,000$15.04$421,120.00View SEC Filing  
6/10/2014Ovp Venture Partners Vi LpMajor ShareholderSell160,000$15.48$2,476,800.00View SEC Filing  
6/9/2014Wayne BurnsSVPSell20,100$15.76$316,776.00View SEC Filing  
7/1/2013Lifesciences Ii L.P. ClarusMajor ShareholderBuy750,000$10.00$7,500,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for NanoString Technologies (NASDAQ:NSTG)
Latest Headlines for NanoString Technologies (NASDAQ:NSTG)
Source:
DateHeadline
americanbankingnews.com logo Analysts Anticipate NanoString Technologies, Inc. (NSTG) Will Post Quarterly Sales of $27.54 Million
www.americanbankingnews.com - September 23 at 11:26 AM
finance.yahoo.com logoHave Investors Already Priced In NanoString Technologies Inc’s (NSTG) Growth?
finance.yahoo.com - September 22 at 11:32 AM
finance.yahoo.com logoNanoString’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
finance.yahoo.com logoNanoString to Webcast Presentation at the 2017 Morgan Stanley Global Healthcare Conference
finance.yahoo.com - September 8 at 6:31 AM
finance.yahoo.com logoAnthem Issues Positive Coverage Decision for NanoString’s Prosigna® Breast Cancer Assay
finance.yahoo.com - September 6 at 6:58 AM
americanbankingnews.com logoNanoString Technologies, Inc. (NSTG) Expected to Post Quarterly Sales of $27.54 Million
www.americanbankingnews.com - September 4 at 9:10 AM
americanbankingnews.com logo Analysts Expect NanoString Technologies, Inc. (NSTG) Will Post Earnings of -$0.55 Per Share
www.americanbankingnews.com - September 2 at 12:10 PM
finance.yahoo.com logoNanoString 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
finance.yahoo.com logoNanoString to Webcast Presentation at the 2017 Baird Global Healthcare Conference
finance.yahoo.com - September 1 at 6:30 AM
americanbankingnews.com logo Brokerages Expect NanoString Technologies, Inc. (NSTG) Will Announce Quarterly Sales of $27.54 Million
www.americanbankingnews.com - August 17 at 9:28 AM
finance.yahoo.com logoEdited Transcript of NSTG earnings conference call or presentation 8-Aug-17 8:30pm GMT
finance.yahoo.com - August 12 at 11:22 PM
americanbankingnews.com logoZacks Investment Research Downgrades NanoString Technologies, Inc. (NSTG) to Hold
www.americanbankingnews.com - August 12 at 7:02 PM
americanbankingnews.com logoNatera (NTRA) vs. NanoString Technologies (NSTG) Financial Comparison
www.americanbankingnews.com - August 11 at 2:44 PM
americanbankingnews.com logoNanoString Technologies, Inc. (NASDAQ:NSTG) Posts Earnings Results, Beats Expectations By $0.17 EPS
www.americanbankingnews.com - August 9 at 7:48 PM
finance.yahoo.com logoNanoString Technologies Releases Operating Results for Second Quarter of 2017
finance.yahoo.com - August 9 at 5:22 AM
finance.yahoo.com logoNanoString reports 2Q loss
finance.yahoo.com - August 9 at 5:22 AM
americanbankingnews.com logoNanoString Technologies, Inc. (NSTG) Issues FY17 Earnings Guidance
www.americanbankingnews.com - August 8 at 9:06 PM
americanbankingnews.com logoAnalyzing Quotient Limited (QTNT) & NanoString Technologies (NASDAQ:NSTG)
www.americanbankingnews.com - August 4 at 7:42 AM
americanbankingnews.com logoQuotient Limited (QTNT) versus NanoString Technologies (NASDAQ:NSTG) Head to Head Analysis
www.americanbankingnews.com - August 2 at 4:34 PM
americanbankingnews.com logoCritical Survey: Lantheus Holdings (LNTH) & NanoString Technologies (NSTG)
www.americanbankingnews.com - August 1 at 9:23 AM
americanbankingnews.com logoNanoString Technologies (NASDAQ:NSTG) vs. Lantheus Holdings (LNTH) Critical Review
www.americanbankingnews.com - July 29 at 6:13 PM
americanbankingnews.com logoNanoString Technologies, Inc. (NASDAQ:NSTG) Downgraded to Strong Sell at BidaskClub
www.americanbankingnews.com - July 29 at 1:36 PM
americanbankingnews.com logo$29.87 Million in Sales Expected for NanoString Technologies, Inc. (NSTG) This Quarter
www.americanbankingnews.com - July 29 at 7:21 AM
americanbankingnews.com logo Analysts Anticipate NanoString Technologies, Inc. (NASDAQ:NSTG) to Announce -$0.64 Earnings Per Share
www.americanbankingnews.com - July 27 at 8:09 PM
americanbankingnews.com logoNanoString Technologies, Inc. (NASDAQ:NSTG) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 17 at 12:04 PM
americanbankingnews.com logoQuotient Limited (QTNT) & NanoString Technologies (NSTG) Financial Comparison
www.americanbankingnews.com - July 17 at 11:30 AM
americanbankingnews.com logoNanoString Technologies, Inc. (NSTG) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - July 16 at 11:26 PM
americanbankingnews.com logoNanoString Technologies, Inc. (NASDAQ:NSTG) Stock Rating Reaffirmed by Cowen and Company
www.americanbankingnews.com - July 15 at 8:06 AM
finance.yahoo.com logoNanoString 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
americanbankingnews.com logoZacks Investment Research Lowers NanoString Technologies, Inc. (NASDAQ:NSTG) to Sell
www.americanbankingnews.com - July 6 at 9:00 AM
americanbankingnews.com logo Analysts Expect NanoString Technologies, Inc. (NASDAQ:NSTG) Will Announce Quarterly Sales of $29.87 Million
www.americanbankingnews.com - July 5 at 9:51 AM
finance.yahoo.com logoNanoString Appoints J. Chad Brown as Senior Vice President of Sales and Marketing
finance.yahoo.com - July 5 at 9:02 AM
americanbankingnews.com logoNanoString Technologies, Inc. (NSTG) Upgraded at Zacks Investment Research
www.americanbankingnews.com - July 5 at 7:48 AM
americanbankingnews.com logoZacks: Brokerages Anticipate NanoString Technologies, Inc. (NSTG) to Announce -$0.64 EPS
www.americanbankingnews.com - July 3 at 4:27 PM
americanbankingnews.com logoNanoString Technologies, Inc. (NASDAQ:NSTG) Upgraded at ValuEngine
www.americanbankingnews.com - July 1 at 8:08 PM
americanbankingnews.com logoNanoString Technologies, Inc. (NSTG) Stock Rating Lowered by ValuEngine
www.americanbankingnews.com - June 13 at 3:28 PM
americanbankingnews.com logo$29.87 Million in Sales Expected for NanoString Technologies Inc (NSTG) This Quarter
www.americanbankingnews.com - June 9 at 1:30 PM
americanbankingnews.com logo-$0.66 Earnings Per Share Expected for NanoString Technologies Inc (NSTG) This Quarter
www.americanbankingnews.com - June 7 at 2:14 PM
finance.yahoo.com logoNanoString 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
americanbankingnews.com logoNanoString Technologies Inc (NSTG) Upgraded to "Hold" by ValuEngine
www.americanbankingnews.com - June 3 at 11:58 PM
streetinsider.com logoNanoString Technologies (NSTG) Prices 3M Common Stock Offering at $16.75/Share
www.streetinsider.com - June 1 at 7:45 PM
finance.yahoo.com logoNanoString Technologies Announces Pricing of Offering of 3,000,000 Shares of Common Stock
finance.yahoo.com - June 1 at 7:45 PM
finance.yahoo.com logoNanoString Technologies Announces Offering of Common Stock
finance.yahoo.com - May 31 at 7:14 PM
finance.yahoo.com logoNanoString 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
finance.yahoo.com logoETFs with exposure to NanoString Technologies, Inc. : May 22, 2017
finance.yahoo.com - May 22 at 6:08 PM
americanbankingnews.com logoZacks Investment Research Upgrades NanoString Technologies Inc (NSTG) to Hold
www.americanbankingnews.com - May 14 at 9:32 PM
americanbankingnews.com logoNanoString Technologies Inc (NSTG) Expected to Post Quarterly Sales of $23.97 Million
www.americanbankingnews.com - May 13 at 8:00 AM
finance.yahoo.com logoETFs with exposure to NanoString Technologies, Inc. : May 11, 2017
finance.yahoo.com - May 11 at 7:22 PM
americanbankingnews.com logoNanoString Technologies Inc (NSTG) Expected to Post Earnings of -$0.64 Per Share
www.americanbankingnews.com - May 11 at 6:28 PM
finance.yahoo.com logoNanoString 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

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Chart

NanoString Technologies (NSTG) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff