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NYSE:NVTA

Invitae (NVTA) Stock Forecast, Price & News

$3.61
-0.08 (-2.17%)
(As of 05/24/2022 12:15 PM ET)
Add
Compare
Today's Range
$3.42
$3.62
50-Day Range
$3.44
$9.01
52-Week Range
$3.32
$35.51
Volume
327,850 shs
Average Volume
6.82 million shs
Market Capitalization
$827.73 million
P/E Ratio
N/A
Dividend Yield
N/A
Beta
1.89
30 days | 90 days | 365 days | Advanced Chart
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Invitae logo

About Invitae

Invitae Corporation, a medical genetics company, integrates genetic information into mainstream medicine to improve healthcare of people in the United States, Canada, and internationally. The company offers genetic tests in various clinical areas, including hereditary cancer, cardiology, neurology, pediatrics, oncology, metabolic conditions, and rare diseases; digital health solutions; and health data services. It serves patients, healthcare providers, biopharma companies, and other partners. The company was formerly known as Locus Development, Inc. and changed its name to Invitae Corporation in 2012. Invitae Corporation was incorporated in 2010 and is headquartered in San Francisco, California.

Headlines

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Industry, Sector and Symbol

Industry
Medical laboratories
Sub-Industry
N/A
Sector
Medical
Fax
N/A
Employees
3,000
Year Founded
N/A

Sales & Book Value

Annual Sales
$460.45 million
Book Value
$12.40 per share

Profitability

Net Income
$-379.01 million
Net Margins
-148.62%
Pretax Margin
-107.46%

Debt

Price-To-Earnings

Miscellaneous

Free Float
224,933,000
Market Cap
$827.73 million
Optionable
Optionable

Company Calendar

Last Earnings
5/03/2022
Today
5/24/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.28 out of 5 stars

Medical Sector

291st out of 1,423 stocks

Medical Laboratories Industry

11th out of 33 stocks

Analyst Opinion: 3.3Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -













Invitae (NYSE:NVTA) Frequently Asked Questions

Is Invitae a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Invitae in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Invitae stock.
View analyst ratings for Invitae
or view top-rated stocks.

When is Invitae's next earnings date?

Invitae is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Invitae
.

How were Invitae's earnings last quarter?

Invitae Co. (NYSE:NVTA) posted its earnings results on Tuesday, May, 3rd. The medical research company reported ($0.78) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.76) by $0.02. The medical research company earned $123.70 million during the quarter, compared to analysts' expectations of $129.31 million. Invitae had a negative trailing twelve-month return on equity of 24.48% and a negative net margin of 148.62%. The business's quarterly revenue was up 19.4% compared to the same quarter last year. During the same quarter last year, the company posted ($0.63) earnings per share.
View Invitae's earnings history
.

What guidance has Invitae issued on next quarter's earnings?

Invitae updated its second quarter 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $133.76 million-$139.57 million, compared to the consensus revenue estimate of $128.13 million.

What price target have analysts set for NVTA?

6 analysts have issued 12 month price targets for Invitae's stock. Their forecasts range from $8.50 to $35.00. On average, they expect Invitae's share price to reach $20.25 in the next twelve months. This suggests a possible upside of 465.6% from the stock's current price.
View analysts' price targets for Invitae
or view top-rated stocks among Wall Street analysts.

Who are Invitae's key executives?
Invitae's management team includes the following people:
  • Dr. Sean Emerson George Ph.D., Co-Founder, Pres, CEO & Director (Age 48, Pay $451.35k)
  • Mr. Kenneth D. Knight, Chief Operating Officer (Age 61, Pay $428.5k)
  • Mr. Thomas R. Brida, Gen. Counsel, Chief Compliance Officer & Sec. (Age 51, Pay $348.75k)
  • Mr. Lee Bendekgey, Chief Policy Officer (Age 64, Pay $383.64k)
  • Ms. Yafei Wen, Chief Financial Officer (Age 50)
  • Mr. Robert F. Werner, Chief Accounting Officer & Principal Accounting Officer (Age 49)
  • Mr. Karthik Suri, Chief Product & Technology Officer
  • Mr. Jackson J. Finks C.F.A., CFA, Director of Investor Relations & Strategic Fin.
  • Dr. Robert L. Nussbaum, Chief Medical Officer (Age 72) (LinkedIn Profile)
  • Glenn Medalle, Head of Talent
What is Sean George's approval rating as Invitae's CEO?

59 employees have rated Invitae CEO Sean George on Glassdoor.com. Sean George has an approval rating of 87% among Invitae's employees.

What other stocks do shareholders of Invitae own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Invitae investors own include NVIDIA (NVDA), Square (SQ), Roku (ROKU), Tesla (TSLA), Alibaba Group (BABA), Trade Desk (TTD), Shopify (SHOP), Salesforce (CRM), Advanced Micro Devices (AMD) and Okta (OKTA).

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 a price of $13.00-$15.00 per share. J.P. Morgan acted as the underwriter for the IPO and Cowen and Company and Leerink Partners were co-managers.

What is Invitae's stock symbol?

Invitae trades on the New York Stock Exchange (NYSE) under the ticker symbol "NVTA."

Who are Invitae's major shareholders?

Invitae's stock is owned by a number of retail and institutional investors. Top institutional shareholders include ARK Investment Management LLC (12.23%), Vanguard Group Inc. (8.51%), Sumitomo Mitsui Trust Holdings Inc. (8.21%), Nikko Asset Management Americas Inc. (8.21%), Canada Pension Plan Investment Board (1.66%) and Gilder Gagnon Howe & Co. LLC (1.49%). Company insiders that own Invitae stock include Artur Bergman, E Lee Bendekgey, Eric Aguiar, Geoffrey Crouse, Jason W Myers, Katherine Stueland, Kenneth D Knight, Robert F Werner, Robert F Werner, Robert L Nussbaum, Robert L Nussbaum, Sean E George, Sean E George, Shelly D Guyer, Thomas Brida and Yafei Wen.
View institutional ownership trends for Invitae
.

Which institutional investors are selling Invitae stock?

NVTA stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Goldman Sachs Group Inc., Zurcher Kantonalbank Zurich Cantonalbank , Gilder Gagnon Howe & Co. LLC, Group One Trading L.P., Wolverine Asset Management LLC, Sumitomo Mitsui Trust Holdings Inc., and Nikko Asset Management Americas Inc.. Company insiders that have sold Invitae company stock in the last year include Katherine Stueland, Kenneth D Knight, Robert F Werner, Robert L Nussbaum, Sean E George, Shelly D Guyer, Thomas Brida, and Yafei Wen.
View insider buying and selling activity for Invitae
or view top insider-selling stocks.

Which institutional investors are buying Invitae stock?

NVTA stock was acquired by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., Renaissance Technologies LLC, ARK Investment Management LLC, Rock Springs Capital Management LP, Bank of Montreal Can, Ergoteles LLC, Qube Research & Technologies Ltd, and American Century Companies Inc..
View insider buying and selling activity for Invitae
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Invitae's stock price today?

One share of NVTA stock can currently be purchased for approximately $3.58.

How much money does Invitae make?

Invitae has a market capitalization of $820.85 million and generates $460.45 million in revenue each year. The medical research company earns $-379.01 million in net income (profit) each year or ($3.25) on an earnings per share basis.

How many employees does Invitae have?

Invitae employs 3,000 workers across the globe.

What is Invitae's official website?

The official website for Invitae is www.invitae.com.

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].

This page was last updated on 5/24/2022 by MarketBeat.com Staff

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