Is Nkarta Stock a Good Investment?
Nkarta Investment Advice | NKTX |
- Examine Nkarta's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Nkarta's leadership team and their track record. Good management can help Nkarta navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Biotechnology space and any emerging trends that could impact Nkarta's business and its evolving consumer preferences.
- Compare Nkarta's performance and market position to its competitors. Analyze how Nkarta is positioned in terms of product offerings, innovation, and market share.
- Check if Nkarta pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Nkarta's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Nkarta Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Nkarta Inc is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Nkarta Stock
Researching Nkarta's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.49. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nkarta Inc recorded a loss per share of 1.83. The entity had not issued any dividends in recent years.
To determine if Nkarta is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Nkarta's research are outlined below:
| 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 uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Nkarta Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Nkarta's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Nkarta's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Nkarta's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-05-13 | 2021-03-31 | -0.53 | -0.59 | -0.06 | 11 | ||
2020-11-12 | 2020-09-30 | -0.38 | -0.44 | -0.06 | 15 | ||
2023-05-11 | 2023-03-31 | -0.7 | -0.63 | 0.07 | 10 | ||
2023-08-10 | 2023-06-30 | -0.68 | -0.6 | 0.08 | 11 | ||
2024-08-13 | 2024-06-30 | -0.45 | -0.34 | 0.11 | 24 | ||
2021-03-25 | 2020-12-31 | -0.44 | -0.55 | -0.11 | 25 | ||
2023-11-09 | 2023-09-30 | -0.67 | -0.52 | 0.15 | 22 | ||
2022-03-17 | 2021-12-31 | -0.9 | -0.69 | 0.21 | 23 |
Know Nkarta's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Nkarta is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nkarta Inc backward and forwards among themselves. Nkarta's institutional investor refers to the entity that pools money to purchase Nkarta's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| 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's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 211 M.Market Cap |
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Nkarta's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.31) | (0.33) | |
| Return On Capital Employed | (0.37) | (0.39) | |
| Return On Assets | (0.31) | (0.33) | |
| Return On Equity | (0.43) | (0.41) |
Determining Nkarta's profitability involves analyzing its financial statements and using various financial metrics to determine if Nkarta is a good buy. For example, gross profit margin measures Nkarta's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Nkarta's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Nkarta's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nkarta Inc. Check Nkarta's Beneish M Score to see the likelihood of Nkarta's management manipulating its earnings.
Evaluate Nkarta's management efficiency
Nkarta Inc has return on total asset (ROA) of (0.1696) % which means that it has lost $0.1696 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.304) %, meaning that it created substantial loss on money invested by shareholders. Nkarta's management efficiency ratios could be used to measure how well Nkarta manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.33 in 2024. Return On Capital Employed is likely to drop to -0.39 in 2024. At this time, Nkarta's Net Tangible Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 132.1 M in 2024, whereas Total Assets are likely to drop slightly above 278.9 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 5.58 | 3.86 | |
| Tangible Book Value Per Share | 5.58 | 3.86 | |
| Enterprise Value Over EBITDA | (3.16) | (3.32) | |
| Price Book Value Ratio | 1.18 | 1.24 | |
| Enterprise Value Multiple | (3.16) | (3.32) | |
| Price Fair Value | 1.18 | 1.24 | |
| Enterprise Value | 357.7 M | 339.8 M |
Understanding the operational decisions made by Nkarta management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta 0.871 |
Basic technical analysis of Nkarta Stock
As of the 29th of November, Nkarta secures the Mean Deviation of 3.77, standard deviation of 5.07, and Risk Adjusted Performance of (0.11). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nkarta Inc, as well as the relationship between them.Nkarta's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Nkarta insiders, such as employees or executives, is commonly permitted as long as it does not rely on Nkarta's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Nkarta insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Nkarta's Outstanding Corporate Bonds
Nkarta issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Nkarta Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Nkarta bonds can be classified according to their maturity, which is the date when Nkarta Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| NSANY 245 15 SEP 28 Corp BondUS65480CAD74 | View | |
| NSANY 185 16 SEP 26 Corp BondUS65480CAC91 | View |
Understand Nkarta's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Nkarta's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.11) | |||
| Market Risk Adjusted Performance | (0.30) | |||
| Mean Deviation | 3.77 | |||
| Coefficient Of Variation | (667.18) | |||
| Standard Deviation | 5.07 | |||
| Variance | 25.71 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (1.06) | |||
| Total Risk Alpha | (1.53) | |||
| Treynor Ratio | (0.31) | |||
| Maximum Drawdown | 24.02 | |||
| Value At Risk | (7.83) | |||
| Potential Upside | 9.32 | |||
| Skewness | 0.4809 | |||
| Kurtosis | 0.8856 |
| Risk Adjusted Performance | (0.11) | |||
| Market Risk Adjusted Performance | (0.30) | |||
| Mean Deviation | 3.77 | |||
| Coefficient Of Variation | (667.18) | |||
| Standard Deviation | 5.07 | |||
| Variance | 25.71 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (1.06) | |||
| Total Risk Alpha | (1.53) | |||
| Treynor Ratio | (0.31) | |||
| Maximum Drawdown | 24.02 | |||
| Value At Risk | (7.83) | |||
| Potential Upside | 9.32 | |||
| Skewness | 0.4809 | |||
| Kurtosis | 0.8856 |
Consider Nkarta's intraday indicators
Nkarta intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nkarta stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 82538.92 | |||
| Daily Balance Of Power | (0.57) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 2.89 | |||
| Day Typical Price | 2.88 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | (0.12) | |||
| Relative Strength Index | 44.31 |
Nkarta Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 8th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
8K | 7th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 23rd of August 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Nkarta Stock media impact
Far too much social signal, news, headlines, and media speculation about Nkarta that are available to investors today. That information is available publicly through Nkarta media outlets and privately through word of mouth or via Nkarta internal channels. However, regardless of the origin, that massive amount of Nkarta data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Nkarta news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Nkarta relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Nkarta's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Nkarta alpha.
Nkarta Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Nkarta can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Nkarta Corporate Management
| Ralph Brandenberger | Chief Officer | Profile | |
| Nadir Mahmood | Chief Officer | Profile | |
| Greg Mann | Vice Relations | Profile | |
| Yvonne MBA | Chief Officer | Profile | |
| Alicia Hager | Chief Secretary | Profile | |
| James Trager | Chief Officer | Profile |
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.