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NASDAQ: CDNA
Caredx Inc Stock

$7.56-0.42 (-5.26%)
Updated Apr 25, 2024
CDNA Price
$7.56
Fair Value Price
-$8.31
Market Cap
$391.45M
52 Week Low
$4.80
52 Week High
$12.93
P/E
-2.14x
P/B
1.5x
P/S
2.3x
PEG
N/A
Dividend Yield
N/A
Revenue
$280.32M
Earnings
-$190.28M
Gross Margin
63.6%
Operating Margin
-72.06%
Profit Margin
-67.9%
Debt to Equity
0.79
Operating Cash Flow
-$18M
Beta
1.52
Next Earnings
May 8, 2024
Ex-Dividend
N/A
Next Dividend
N/A

CDNA Overview

CareDx, Inc. discovers, develops, and commercializes diagnostic solutions for transplant patients and caregivers worldwide. It provides AlloSure Kidney, a donor-derived cell-free DNA (dd-cfDNA) solution for kidney transplant patients; AlloMap Heart, a gene expression solution for heart transplant patients; AlloSure Heart, a dd-cfDNA solution for heart transplant patients; and AlloSure Lung, a dd-cfDNA solution for lung transplant patients. The company also offers TruSight HLA, a next generation sequencing (NGS) based high resolution typing solution; Olerup SSP, which is used to type human leukocyte antigen (HLA) alleles based on sequence specific primer technology; QTYPE that enables precision in HLA typing; and Ottr, a transplant patient management software. In addition, it provides AlloSeq Tx, a high-resolution HLA typing solution; AlloSeq cfDNA, a surveillance solution to measure dd-cfDNA in blood; AlloSeq HCT, a solution for chimerism testing for stem cell transplant recipients; and XynQAPI transplant quality tracking and waitlist management solutions, as well as AlloCare, a mobile app that offers a patient-centric resource for transplant recipients. The company offers its products directly to customers, as well as through third-party distributors and sub-distributors. It has a license agreement with Illumina, Inc. for the distribution, development, and commercialization of NGS products and technologies; and Cibiltech SAS to commercialize iBox, a software for the predictive analysis of post-transplantation kidney allograft loss. The company was formerly known as XDx, Inc. and changed its name to CareDx, Inc. in March 2014. The company was incorporated in 1998 and is headquartered in South San Francisco, California.

Zen Score

Industry Average (28)
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Due Diligence Checks

CDNA ($7.56) is overvalued by 190.97% relative to our estimate of its Fair Value price of -$8.31 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
CDNA ($7.56) is not significantly undervalued (190.97%) relative to our estimate of its Fair Value price of -$8.31 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
CDNA is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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Valuation

CDNA fair value

Fair Value of CDNA stock based on Discounted Cash Flow (DCF)
Price
$7.56
Fair Value
-$8.31
Undervalued by
190.97%
CDNA ($7.56) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
CDNA ($7.56) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
CDNA is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

CDNA price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-2.14x
Industry
38.32x
Market
40.97x

CDNA price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.5x
Industry
4.15x
CDNA is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CDNA's financial health

Profit margin

Revenue
$65.6M
Net Income
-$118.1M
Profit Margin
-180.1%
CDNA's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
CDNA's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$466.8M
Liabilities
$205.5M
Debt to equity
0.79
CDNA's short-term assets ($313.71M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CDNA's short-term assets ($313.71M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
CDNA's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
CDNA's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$8.4M
Investing
$41.4M
Financing
-$26.9M
CDNA's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

CDNA vs Diagnostic & Research Stocks

TickerMarket Cap1d %P/EP/B
CDNA$391.45M-5.26%-2.14x1.50x
SERA$335.28M+2.99%-8.91x4.78x
CSTL$535.55M-1.76%-9.12x1.37x
ME$221.66M-1.71%-0.41x0.59x
FLGT$596.59M-3.42%-3.56x0.53x

Caredx Stock FAQ

What is Caredx's quote symbol?

(NASDAQ: CDNA) Caredx trades on the NASDAQ under the ticker symbol CDNA. Caredx stock quotes can also be displayed as NASDAQ: CDNA.

If you're new to stock investing, here's how to buy Caredx stock.

What is the 52 week high and low for Caredx (NASDAQ: CDNA)?

(NASDAQ: CDNA) Caredx's 52-week high was $12.93, and its 52-week low was $4.80. It is currently -41.53% from its 52-week high and 57.5% from its 52-week low.

How much is Caredx stock worth today?

(NASDAQ: CDNA) Caredx currently has 51,778,523 outstanding shares. With Caredx stock trading at $7.56 per share, the total value of Caredx stock (market capitalization) is $391.45M.

Caredx stock was originally listed at a price of $9.05 in Jul 17, 2014. If you had invested in Caredx stock at $9.05, your return over the last 9 years would have been -16.46%, for an annualized return of -1.98% (not including any dividends or dividend reinvestments).

How much is Caredx's stock price per share?

(NASDAQ: CDNA) Caredx stock price per share is $7.56 today (as of Apr 25, 2024).

What is Caredx's Market Cap?

(NASDAQ: CDNA) Caredx's market cap is $391.45M, as of Apr 26, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Caredx's market cap is calculated by multiplying CDNA's current stock price of $7.56 by CDNA's total outstanding shares of 51,778,523.
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