Invitae Corp

Company Profile

Invitae Corp had its IPO on 2015-02-12 under the ticker symbol NVTA.

The company operates in the Healthcare sector and Diagnostics & Research industry. Invitae Corp has a staff strength of 1,700 employees.

Stock update

Shares of Invitae Corp opened at $0.83 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.83 - $0.91, and closed at $0.86.

This is a +1.79% increase from the previous day's closing price.

A total volume of 10,334,106 shares were traded at the close of the day’s session.

In the last one week, shares of Invitae Corp have slipped by -10.75%.

Invitae Corp's Key Ratios

Invitae Corp has a market cap of $228.94 million, indicating a price to book ratio of 3.3178 and a price to sales ratio of 0.9413.

In the last 12-months Invitae Corp’s revenue was $493.88 million with a gross profit of $99.05 million and an EBITDA of $-426428992. The EBITDA ratio measures Invitae Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Invitae Corp’s operating margin was -114.77% while its return on assets stood at -18.58% with a return of equity of -863.95%.

In Q2, Invitae Corp’s quarterly earnings growth was a positive 0% while revenue growth was a negative 11.8%.

Invitae Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

-0.51

Its diluted EPS in the last 12-months stands at $-2.81 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of -0.51. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Invitae Corp’s profitability.

Invitae Corp stock is trading at a EV to sales ratio of 3.2556 and a EV to EBITDA ratio of -0.5506. Its price to sales ratio in the trailing 12-months stood at 0.9413.

Invitae Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.52 billion

Total Liabilities

$151.97 million

Operating Cash Flow

$116.06 million

Capital Expenditure

$1.42 million

Dividend Payout Ratio

0%

Invitae Corp ended 2024 with $1.52 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.52 billion while shareholder equity stood at $-200786000.00.

Invitae Corp ended 2024 with $0 in deferred long-term liabilities, $151.97 million in other current liabilities, 27000.00 in common stock, $-5227835000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $222.76 million and cash and short-term investments were $325.14 million. The company’s total short-term debt was $20,950,000 while long-term debt stood at $1.17 billion.

Invitae Corp’s total current assets stands at $451.23 million while long-term investments were $0 and short-term investments were $102.38 million. Its net receivables were $85.61 million compared to accounts payable of $23.07 million and inventory worth $20.81 million.

In 2024, Invitae Corp's operating cash flow was $116.06 million while its capital expenditure stood at $1.42 million.

Comparatively, Invitae Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.86

52-Week High

$3.82

52-Week Low

$0.791

Analyst Target Price

$1.7

Invitae Corp stock is currently trading at $0.86 per share. It touched a 52-week high of $3.82 and a 52-week low of $3.82. Analysts tracking the stock have a 12-month average target price of $1.7.

Its 50-day moving average was $1.13 and 200-day moving average was $1.58 The short ratio stood at 7.77 indicating a short percent outstanding of 0%.

Around 95.8% of the company’s stock are held by insiders while 6620.7% are held by institutions.