Sera Prognostics, Inc. (NASDAQ:SERA) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Sera Prognostics, Inc. (NASDAQ:SERAGet Rating) have been assigned a consensus rating of “Buy” from the six ratings firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $19.00.

SERA has been the subject of several research analyst reports. Berenberg Bank initiated coverage on shares of Sera Prognostics in a report on Wednesday, April 27th. They issued a “buy” rating for the company. Citigroup downgraded shares of Sera Prognostics from a “buy” rating to a “neutral” rating in a report on Wednesday, March 30th. Finally, Zacks Investment Research upgraded shares of Sera Prognostics from a “sell” rating to a “hold” rating in a research report on Wednesday.

SERA stock opened at $1.53 on Friday. The company has a market capitalization of $47.28 million and a P/E ratio of -0.35. The company has a 50-day simple moving average of $2.65 and a 200 day simple moving average of $6.08. Sera Prognostics has a fifty-two week low of $1.48 and a fifty-two week high of $15.50. The company has a quick ratio of 15.76, a current ratio of 15.77 and a debt-to-equity ratio of 0.01.

Sera Prognostics (NASDAQ:SERAGet Rating) last posted its quarterly earnings data on Tuesday, May 10th. The company reported ($0.40) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.06). The company had revenue of $0.04 million during the quarter, compared to analyst estimates of $0.08 million. Sera Prognostics had a negative return on equity of 58.37% and a negative net margin of 38,185.05%. Equities analysts anticipate that Sera Prognostics will post -1.5 EPS for the current year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SERA. Bank of America Corp DE lifted its position in shares of Sera Prognostics by 768.8% in the 4th quarter. Bank of America Corp DE now owns 3,597 shares of the company’s stock valued at $25,000 after acquiring an additional 3,183 shares in the last quarter. American International Group Inc. purchased a new stake in shares of Sera Prognostics in the 3rd quarter valued at approximately $29,000. Deutsche Bank AG purchased a new stake in shares of Sera Prognostics in the 3rd quarter valued at approximately $30,000. Frontier Wealth Management LLC purchased a new stake in shares of Sera Prognostics in the 1st quarter valued at approximately $30,000. Finally, Goldman Sachs Group Inc. purchased a new stake in shares of Sera Prognostics in the 1st quarter valued at approximately $41,000. Institutional investors and hedge funds own 63.20% of the company’s stock.

About Sera Prognostics (Get Rating)

Sera Prognostics, Inc, a women's health diagnostic company, discovers, develops, and commercializes biomarker tests for improving pregnancy outcomes. The company develops PreTRM test, a blood-based biomarker test to predict the risk of spontaneous preterm birth in asymptomatic singleton pregnancies.

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Analyst Recommendations for Sera Prognostics (NASDAQ:SERA)

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