Prominent Runners: NanoString Technologies, Inc. (NASDAQ:NSTG) & Harris Corporation (NYSE:HRS)

NanoString Technologies, Inc. (NASDAQ:NSTG)

NanoString Technologies, Inc. is engaged in the development, manufacture and sale of life science tools. It provides nCounter Analysis System which supports research and development of clinical applications from basic discovery to the development of future molecular diagnostic tests on a single platform. The company also offers nSolver Analysis software, gene expression panels, miRNA expression assay kits, cancer copy number variation panels, nCounter leukemia fusion gene expression assay kits and human karyotype panels, custom CodeSets and master kits that are ancillary reagents, cartridges, tips and reagent plates to setup and process samples in its instruments. It markets its systems and related consumables to researchers in academic, government and biopharmaceutical laboratories primarily in North America, Europe, the Middle East and the Asia Pacific. NanoString Technologies, Inc. is headquartered in Seattle, Washington.

NanoString Technologies, Inc. (NASDAQ:NSTG)’s Financial Overview

NanoString Technologies, Inc. (NASDAQ) declined -0.13% yesterday to close its trading session at $22.28. The company has 1 year Price Target of $19.2. NanoString Technologies, Inc. has 52-Week high of $23.17 and 52-Week Low of $5.87. The stock touched its 52-Week High on 23.17 and 52-Week Low on 5.87. The stock traded with the volume of 193397 shares yesterday. The firm shows the market capitalization of $690.23 Million.

NanoString Technologies, Inc. (NASDAQ) reported its last quarterly earnings on 9/29/2018 where the firm reported its Actual EPS of $-0.56/share against the analyst consensus estimate of $-0.57/share. The difference between the actual and expected EPS is $0.01 a share with a surprise factor of 1.8%.

The firm is trading with SMA20 of 4.22 Percent, SMA50 of 20.72 Percent and SMA200 of 45.37 percent. NanoString Technologies, Inc. has P/S value of 6.17 while its P/B value stands at 12.59. Similarly, the company has Return on Assets of -50.8 percent, Return on Equity of -206.8 percent and Return on Investment of -0.8 Percent. The company shows Gross Margin and Operating Margin of 69 percent and -52.9 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 2.2 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 5 analysts offering 12-month price forecasts for NanoString Technologies Inc have a median target of 20.00, with a high estimate of 22.00 and a low estimate of 15.00. The median estimate represents a -10.23% decrease from the last price of 22.28.

NanoString Technologies, Inc. is estimated to report earnings on 03/06/2019. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.5. The reported EPS for the same quarter last year was $-0.34.

Harris Corporation (NYSE:HRS)

Harris Corporation is a leading technology innovator, solving customers’ toughest mission-critical challenges by providing solutions that connect, inform and protect. Harris is one of the only companies concentrated exclusively on developing the trusted solutions that solve the toughest technology challenges faced by businesses and governments around the world. The company is a proven leader in tactical communications, geospatial systems and services, air traffic management, environmental solutions, avionics and electronic warfare, and space and intelligence. The company is organized into four business segments: Communication Systems, Space and Intelligence Systems, Electronic Systems and Critical Networks. Harris’ Public Safety and Professional Communications business is a leading supplier of communications systems and equipment to support public safety, federal, utility, commercial and transportation markets.

Harris Corporation (NYSE:HRS)’s Financial Outlook

The 12 analysts offering 12-month price forecasts for Harris Corp have a median target of 180.50, with a high estimate of 216.00 and a low estimate of 161.00. The median estimate represents a +11.36% increase from the last price of 162.08.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

According to Zacks Investment Research, Harris Corporation has a Consensus Recommendation of 1.38. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock surged 0.88% and closed its last trading session at $162.08. The company has the market capitalization of $19.08 Billion. The stock has 52-week high of $175.5 and 52-Week low of $123.24. The firm touched its 52-Week high on 175.50 and 52-Week low on 123.24. The company has volume of 724958 shares. The company has a total of 117.7 Million shares outstanding.

Harris Corporation (NYSE) in the last quarter reported its actual EPS of $1.96/share where the analyst estimated EPS was $1.91/share. The difference between the actual and Estimated EPS is $0.05. This shows a surprise factor of 2.6 percent.

The company has YTD performance of 20.37 percent. Beta for Harris Corporation stands at 1.23 while its ATR (average true range) is 3.4. The company has Weekly Volatility of 1.45%% and Monthly Volatility of 2.24%%.

Harris Corporation has distance from 20-day Simple Moving Average (SMA20) of 9.06%, Distance from 50-Day Simple Moving Average of 14.02 percent and Distance from 200-Day Simple Moving Average of 6.13%.

The Company currently has ROA (Return on Assets) of 8.7 percent, Return on Equity (ROE) of 26.3 Percent and Return on Investment (ROI) of 12.3% with Gross margin of 35.7 percent and Operating & Profit margin of 17% and 13.3% respectively.