Nkarta Inc Stock Buy Hold or Sell Recommendation
| NKTX Stock | USD 2.59 0.14 5.71% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Nkarta Inc is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nkarta Inc given historical horizon and risk tolerance towards Nkarta. When Macroaxis issues a 'buy' or 'sell' recommendation for Nkarta Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Nkarta Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Nkarta and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Nkarta 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 estimate.
Nkarta |
Execute Nkarta Buy or Sell Advice
The Nkarta recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nkarta Inc. Macroaxis does not own or have any residual interests in Nkarta Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nkarta's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Nkarta Trading Alerts and Improvement Suggestions
| Nkarta Inc generated a negative expected return over the last 90 days | |
| Nkarta Inc has high historical volatility and very poor performance | |
| Nkarta Inc has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (117.5 M) with loss before overhead, payroll, taxes, and interest of (36.22 M). | |
| Nkarta Inc currently holds about 412.95 M in cash with (86.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.49, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Nkarta Inc has a poor financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Nkarta price target lowered to 16 from 20 at Mizuho - Yahoo Finance |
Nkarta current analysts advice
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Nkarta analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Nkarta analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Average Consensus Strong Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.
Nkarta Returns Distribution Density
The distribution of Nkarta's historical returns is an attempt to chart the uncertainty of Nkarta's future price movements. The chart of the probability distribution of Nkarta daily returns describes the distribution of returns around its average expected value. We use Nkarta Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nkarta returns is essential to provide solid investment advice for Nkarta.
| Mean Return | -1.01 | Value At Risk | -7.83 | Potential Upside | 6.50 | Standard Deviation | 4.76 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nkarta historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nkarta Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Nkarta, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Nkarta Inc back and forth among themselves.
| Shares | Wasatch Advisors Lp | 2024-09-30 | 1.8 M | Ameriprise Financial Inc | 2024-06-30 | 1.2 M | Geode Capital Management, Llc | 2024-09-30 | 1.2 M | Alyeska Investment Group, L.p. | 2024-09-30 | 1.1 M | State Street Corp | 2024-06-30 | 1.1 M | Renaissance Technologies Corp | 2024-09-30 | 884.3 K | Orbimed Advisors, Llc | 2024-06-30 | 800 K | T. Rowe Price Investment Management,inc. | 2024-09-30 | 792.8 K | Superstring Capital Management Lp | 2024-09-30 | 740.3 K | Ra Capital Management, Llc | 2024-09-30 | 10.8 M | Commodore Capital Lp | 2024-09-30 | 4.7 M |
Nkarta Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | (18.3M) | (210.1M) | 37.6M | (137.6M) | 67.9M | 71.3M | |
| Change In Cash | 12.9M | 76.2M | (34.2M) | (22.7M) | (6.5M) | (6.1M) | |
| Free Cash Flow | (20.3M) | (51.0M) | (73.0M) | (104.1M) | (114.3M) | (108.6M) | |
| Depreciation | 400.6K | 786K | 1.8M | 2.6M | 5.9M | 6.2M | |
| Capital Expenditures | 1.9M | 7.5M | 5.0M | 47.1M | 28.1M | 16.6M | |
| Net Income | (21.1M) | (91.4M) | (86.1M) | (113.8M) | (117.5M) | (111.6M) | |
| End Period Cash Flow | 20.9M | 97.1M | 62.9M | 40.2M | 33.8M | 48.2M | |
| Change To Netincome | 129K | 47.9M | 14.4M | 16.9M | 19.4M | 17.5M |
Nkarta Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nkarta or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nkarta's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nkarta stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -1.34 | |
β | Beta against Dow Jones | 2.66 | |
σ | Overall volatility | 4.80 | |
Ir | Information ratio | -0.24 |
Nkarta Volatility Alert
Nkarta Inc exhibits very low volatility with skewness of 0.23 and kurtosis of 0.31. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nkarta's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nkarta's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nkarta Fundamentals Vs Peers
Comparing Nkarta's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nkarta's direct or indirect competition across all of the common fundamentals between Nkarta and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nkarta or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nkarta's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nkarta by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nkarta to competition |
| Fundamentals | Nkarta | Peer Average |
| Return On Equity | -0.3 | -0.31 |
| Return On Asset | -0.17 | -0.14 |
| Current Valuation | (24.71 M) | 16.62 B |
| Shares Outstanding | 70.57 M | 571.82 M |
| Shares Owned By Insiders | 4.86 % | 10.09 % |
| Shares Owned By Institutions | 98.82 % | 39.21 % |
| Number Of Shares Shorted | 9.57 M | 4.71 M |
| Price To Book | 0.40 X | 9.51 X |
| Price To Sales | 1,000,000 X | 11.42 X |
| Gross Profit | (36.22 M) | 27.38 B |
| EBITDA | (120.48 M) | 3.9 B |
| Net Income | (117.5 M) | 570.98 M |
| Cash And Equivalents | 412.95 M | 2.7 B |
| Cash Per Share | 8.49 X | 5.01 X |
| Total Debt | 88.34 M | 5.32 B |
| Debt To Equity | 0.17 % | 48.70 % |
| Current Ratio | 31.66 X | 2.16 X |
| Book Value Per Share | 6.11 X | 1.93 K |
| Cash Flow From Operations | (86.16 M) | 971.22 M |
| Short Ratio | 12.64 X | 4.00 X |
| Earnings Per Share | (1.83) X | 3.12 X |
| Target Price | 15.83 | |
| Number Of Employees | 159 | 18.84 K |
| Beta | 0.87 | -0.15 |
| Market Capitalization | 172.89 M | 19.03 B |
| Total Asset | 378.88 M | 29.47 B |
| Retained Earnings | (435.43 M) | 9.33 B |
| Working Capital | 229.74 M | 1.48 B |
| Net Asset | 378.88 M |
Note: Disposition of 12358 shares by Paul Hastings of Nkarta at 13.0 subject to Rule 16b-3 [view details]
Nkarta Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nkarta . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Nkarta Buy or Sell Advice
When is the right time to buy or sell Nkarta Inc? Buying financial instruments such as Nkarta Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Nkarta Stock Analysis
When running Nkarta's price analysis, check to measure Nkarta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nkarta is operating at the current time. Most of Nkarta's value examination focuses on studying past and present price action to predict the probability of Nkarta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nkarta's price. Additionally, you may evaluate how the addition of Nkarta to your portfolios can decrease your overall portfolio volatility.