Invitae Corporation, a genetic information company, processes DNA-containing samples, analyzes information related to patient-specific genetic variation, and generates test reports for clinicians and their patients in the United States, Canada, and internationally. The company's tests include multiple genes associated with hereditary cancer, neurological disorders, cardiovascular disorders, pediatric disorders, metabolic disorders, and other hereditary conditions; proactive health and wellness screening; and preimplantation embryo testing and carrier screening for inherited disorders, prenatal diagnosis, miscarriage analysis, and pediatric developmental disorders. It also operates Patient Insights Networks, a platform for collecting, curating, coordinating, and delivering data from patients and clinicians; and CancerGene Connect, an end-to-end platform that is used for the collection, analysis, and management of patient family history information. Invitae Corporation serves patients, healthcare providers, and biopharma and advocacy partners. The company was formerly known as Locus Development, Inc. and changed its name to Invitae Corporation in 2012. Invitae Corporation was founded in 2010 and is headquartered in San Francisco, California.
Industry, Sector and Symbol
Industry Medical laboratories
Sub-IndustryN/A
SectorMedical
Phone415-374-7782
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$147.70 million
Profitability
Miscellaneous
Employees788
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable
InVitae (NYSE:NVTA) Frequently Asked Questions
What is InVitae's stock symbol?
InVitae trades on the New York Stock Exchange (NYSE) under the ticker symbol "NVTA."
How were InVitae's earnings last quarter?
InVitae Corp (NYSE:NVTA) announced its quarterly earnings results on Tuesday, February, 19th. The medical research company reported ($0.40) EPS for the quarter, beating the consensus estimate of ($0.42) by $0.02. The medical research company had revenue of $45.36 million for the quarter, compared to analyst estimates of $40.87 million. InVitae had a negative net margin of 87.58% and a negative return on equity of 88.93%. View InVitae's Earnings History.
When is InVitae's next earnings date?
What guidance has InVitae issued on next quarter's earnings?
InVitae issued an update on its FY 2019 earnings guidance on Monday, January, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $220-220 million, compared to the consensus revenue estimate of $200 million.InVitae also updated its FY 2018 guidance to EPS.
What price target have analysts set for NVTA?
6 brokers have issued twelve-month price objectives for InVitae's stock. Their forecasts range from $20.00 to $29.00. On average, they anticipate InVitae's share price to reach $22.25 in the next twelve months. This suggests that the stock has a possible downside of 5.5%. View Analyst Price Targets for InVitae.
What is the consensus analysts' recommendation for InVitae?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for InVitae in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for InVitae.
Has InVitae been receiving favorable news coverage?
Media stories about NVTA stock have trended somewhat negative this week, according to InfoTrie. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. InVitae earned a media sentiment score of -1.5 on InfoTrie's scale. They also gave news stories about the medical research company a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.
Who are some of InVitae's key competitors?
Some companies that are related to InVitae include Guardant Health (GH), ELEKTA AB/ADR (EKTAY), Genomic Health (GHDX), CareDx (CDNA), Natera (NTRA), Veracyte (VCYT), RadNet (RDNT), Celcuity (CELC), Enzo Biochem (ENZ), Miragen Therapeutics (MGEN), Fulgent Genetics (FLGT), PotNetwork (POTN), Psychemedics (PMD), First Choice Healthcare Solutions (FCHS) and OpGen (OPGN).
What other stocks do shareholders of InVitae own?
Who are InVitae's key executives?
InVitae's management team includes the folowing people:
- Dr. Randal W. Scott, Exec. Chairman (Age 61)
- Dr. Sean E. George, Co-Founder, Pres, CEO & Director (Age 45)
- Ms. Shelly D. Guyer, Chief Financial Officer (Age 59)
- Mr. Lee Bendekgey, Sec. & COO (Age 61)
- Ms. Laura D'Angelo, Head of Investor Relations
When did InVitae IPO?
(NVTA) raised $76 million in an initial public offering (IPO) on Thursday, February 12th 2015. The company issued 5,400,000 shares at $13.00-$15.00 per share. J.P. Morgan served as the underwriter for the IPO and Cowen and Company and Leerink Partners were co-managers.
Who are InVitae's major shareholders?
InVitae's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.17%), Perceptive Advisors LLC (2.50%), Orbimed Advisors LLC (1.11%), Northern Trust Corp (1.06%), Geode Capital Management LLC (0.93%) and Geode Capital Management LLC (0.93%). Company insiders that own InVitae stock include Bros Advisors Lp Baker, E Lee Bendekgey, Eric Aguiar, Katherine Stueland, Patty Dumond, Randal W Scott, Robert L Nussbaum, Sean E George, Shelly D Guyer and Thomas Brida. View Institutional Ownership Trends for InVitae.
Which major investors are selling InVitae stock?
NVTA stock was sold by a variety of institutional investors in the last quarter, including Orbimed Advisors LLC, Bank of America Corp DE, MetLife Investment Advisors LLC, Barclays PLC, Bank of New York Mellon Corp, Bank of Montreal Can and Gabelli Funds LLC. Company insiders that have sold InVitae company stock in the last year include E Lee Bendekgey, Eric Aguiar, Katherine Stueland, Patty Dumond, Randal W Scott, Robert L Nussbaum, Sean E George, Shelly D Guyer and Thomas Brida. View Insider Buying and Selling for InVitae.
Which major investors are buying InVitae stock?
NVTA stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Two Sigma Investments LP, BlackRock Inc., Amundi Pioneer Asset Management Inc., Fiera Capital Corp, Daiwa SB Investments Ltd., Citigroup Inc. and D. E. Shaw & Co. Inc.. Company insiders that have bought InVitae stock in the last two years include Bros Advisors Lp Baker and Randal W Scott. View Insider Buying and Selling for InVitae.
How do I buy shares of InVitae?
Shares of NVTA 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 InVitae's stock price today?
One share of NVTA stock can currently be purchased for approximately $23.55.
How big of a company is InVitae?
InVitae has a market capitalization of $1.81 billion and generates $147.70 million in revenue each year. The medical research company earns $-129,350,000.00 in net income (profit) each year or ($1.94) on an earnings per share basis. InVitae employs 788 workers across the globe.
What is InVitae's official website?
How can I contact InVitae?
InVitae's mailing address is 1400 16th Street, SAN FRANCISCO CA, 94103. The medical research company can be reached via phone at 415-374-7782 or via email at [email protected]
MarketBeat Community Rating for InVitae (NYSE NVTA)
MarketBeat's community ratings are surveys of what our community members think about InVitae and other stocks. Vote "Outperform" if you believe NVTA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NVTA will underperform the S&P 500 over the long term. You may vote once every thirty days.
