CareDx Earnings Estimate
| CDNA Stock | USD 19.63 0.53 2.77% |
CareDx Revenue Breakdown by Earning Segment
By analyzing CareDx's earnings estimates, investors can diagnose different trends across CareDx's analyst sentiment over time as well as compare current estimates against different timeframes. At present, CareDx's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Pretax Profit Margin is expected to grow to 0.15, whereas Gross Profit Margin is forecasted to decline to 0.50. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareDx Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
CareDx Earnings per Share Projection vs Actual
About CareDx Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of CareDx earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current CareDx estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as CareDx fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.| Last Reported | Projected for Next Year | ||
| Retained Earnings | -563.6 M | -535.4 M | |
| Retained Earnings Total Equity | -344.9 M | -362.1 M | |
| Earnings Yield | 0.04 | 0.04 | |
| Price Earnings Ratio | 24.73 | 25.96 | |
| Price Earnings To Growth Ratio | (0.19) | (0.18) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether CareDx Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CareDx's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Caredx Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Caredx Inc Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareDx Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CareDx. Projected growth potential of CareDx fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive CareDx assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Earnings Share 1.28 | Revenue Per Share | Quarterly Revenue Growth 0.207 | Return On Assets | Return On Equity |
Understanding CareDx Inc requires distinguishing between market price and book value, where the latter reflects CareDx's accounting equity. The concept of intrinsic value - what CareDx's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push CareDx's price substantially above or below its fundamental value.
It's important to distinguish between CareDx's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding CareDx should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, CareDx's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.