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NanoString Technologies

Nasdaq:NSTG
Snowflake Description

Adequate balance sheet with concerning outlook.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NSTG
Nasdaq
$926M
Market Cap
  1. Home
  2. US
  3. Pharmaceuticals & Biotech
Company description

NanoString Technologies, Inc. provides life science tools for translational research and molecular diagnostic products worldwide. The last earnings update was 39 days ago. More info.


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NSTG Share Price and Events
7 Day Returns
2.6%
NasdaqGM:NSTG
1.2%
US Life Sciences
0.3%
US Market
1 Year Returns
83.3%
NasdaqGM:NSTG
21.6%
US Life Sciences
0.7%
US Market
NSTG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
NanoString Technologies (NSTG) 2.6% -1.6% 9.3% 83.3% 95.8% 80.8%
US Life Sciences 1.2% 7.7% 2.6% 21.6% 93.8% 108.2%
US Market 0.3% 0.4% 0.6% 0.7% 37.2% 37.4%
1 Year Return vs Industry and Market
  • NSTG outperformed the Life Sciences industry which returned 21.6% over the past year.
  • NSTG outperformed the Market in United States of America which returned 0.7% over the past year.
Price Volatility
NSTG
Industry
5yr Volatility vs Market

Value

 Is NanoString Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for NanoString Technologies. This is due to cash flow or dividend data being unavailable. The share price is $26.42.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for NanoString Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are NanoString Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGM:NSTG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-2.72
NasdaqGM:NSTG Share Price ** NasdaqGM (2019-06-17) in USD $26.42
United States of America Life Sciences Industry PE Ratio Median Figure of 21 Publicly-Listed Life Sciences Companies 37.33x
United States of America Market PE Ratio Median Figure of 3,093 Publicly-Listed Companies 17.68x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of NanoString Technologies.

NasdaqGM:NSTG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGM:NSTG Share Price ÷ EPS (both in USD)

= 26.42 ÷ -2.72

-9.7x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NanoString Technologies is loss making, we can't compare its value to the US Life Sciences industry average.
  • NanoString Technologies is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does NanoString Technologies's expected growth come at a high price?
Raw Data
NasdaqGM:NSTG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -9.7x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
8.8%per year
United States of America Life Sciences Industry PEG Ratio Median Figure of 19 Publicly-Listed Life Sciences Companies 2.54x
United States of America Market PEG Ratio Median Figure of 2,125 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for NanoString Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on NanoString Technologies's assets?
Raw Data
NasdaqGM:NSTG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $2.70
NasdaqGM:NSTG Share Price * NasdaqGM (2019-06-17) in USD $26.42
United States of America Life Sciences Industry PB Ratio Median Figure of 38 Publicly-Listed Life Sciences Companies 4.57x
United States of America Market PB Ratio Median Figure of 5,245 Publicly-Listed Companies 1.79x
NasdaqGM:NSTG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGM:NSTG Share Price ÷ Book Value per Share (both in USD)

= 26.42 ÷ 2.70

9.79x

* Primary Listing of NanoString Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NanoString Technologies is overvalued based on assets compared to the US Life Sciences industry average.
X
Value checks
We assess NanoString Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Life Sciences industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Life Sciences industry average (and greater than 0)? (1 check)
  5. NanoString Technologies has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is NanoString Technologies expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is NanoString Technologies expected to grow at an attractive rate?
  • Unable to compare NanoString Technologies's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare NanoString Technologies's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • NanoString Technologies's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGM:NSTG Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGM:NSTG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 8.8%
NasdaqGM:NSTG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 10.1%
United States of America Life Sciences Industry Earnings Growth Rate Market Cap Weighted Average 16.2%
United States of America Life Sciences Industry Revenue Growth Rate Market Cap Weighted Average 7.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.8%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGM:NSTG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGM:NSTG Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 174 -62 1
2022-12-31 156 -69 1
2021-12-31 158 -10 -48 4
2020-12-31 133 -37 -68 4
2019-12-31 121 -46 -76 4
NasdaqGM:NSTG Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 111 -64 -80
2018-12-31 107 -54 -77
2018-09-30 112 -52 -65
2018-06-30 110 -51 -60
2018-03-31 120 -54 -44
2017-12-31 115 -52 -44
2017-09-30 105 -46 -46
2017-06-30 102 -39 -45
2017-03-31 90 -29 -51
2016-12-31 86 -6 -47
2016-09-30 84 -4 -44
2016-06-30 75 -8 -44

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • NanoString Technologies is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • NanoString Technologies's revenue is expected to grow by 10.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGM:NSTG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from NanoString Technologies Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:NSTG Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 -1.72 -1.72 -1.72 1.00
2022-12-31 -1.93 -1.93 -1.93 1.00
2021-12-31 -1.34 -0.71 -2.09 4.00
2020-12-31 -1.93 -1.33 -2.36 4.00
2019-12-31 -2.25 -2.05 -2.38 4.00
NasdaqGM:NSTG Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -2.72
2018-12-31 -2.78
2018-09-30 -2.45
2018-06-30 -2.35
2018-03-31 -1.78
2017-12-31 -1.84
2017-09-30 -2.05
2017-06-30 -2.12
2017-03-31 -2.49
2016-12-31 -2.34
2016-09-30 -2.25
2016-06-30 -2.23

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if NanoString Technologies will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess NanoString Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
NanoString Technologies has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has NanoString Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare NanoString Technologies's growth in the last year to its industry (Life Sciences).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • NanoString Technologies does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare NanoString Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare NanoString Technologies's 1-year growth to the US Life Sciences industry average as it is not currently profitable.
Earnings and Revenue History
NanoString Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from NanoString Technologies Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:NSTG Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 111.34 -80.10 88.14 57.85
2018-12-31 106.73 -77.40 83.92 55.87
2018-09-30 111.93 -65.04 83.07 53.31
2018-06-30 110.33 -59.96 83.42 48.25
2018-03-31 119.93 -43.91 81.31 44.82
2017-12-31 114.91 -43.56 79.42 41.80
2017-09-30 104.90 -46.40 76.05 38.43
2017-06-30 101.82 -45.09 73.00 36.05
2017-03-31 89.86 -51.34 69.53 34.15
2016-12-31 86.49 -47.09 66.47 30.95
2016-09-30 83.57 -44.31 63.67 28.34
2016-06-30 75.33 -43.69 59.82 25.72
2016-03-31 65.77 -45.29 56.76 23.10
2015-12-31 62.67 -45.58 55.58 22.20
2015-09-30 55.97 -49.15 56.12 20.82
2015-06-30 52.62 -51.83 56.23 21.34
2015-03-31 50.44 -53.51 56.07 21.03
2014-12-31 47.59 -50.04 52.50 19.97
2014-09-30 42.10 -46.49 46.53 19.10
2014-06-30 38.14 -42.04 42.10 16.84
2014-03-31 34.48 -35.76 35.98 15.13
2013-12-31 31.40 -33.93 31.45 13.44
2013-09-30 27.78 -32.99 27.42 12.15
2013-06-30 25.42 -29.95 23.20 11.85
2013-03-31 24.15 -29.44 20.31 10.63
2012-12-31 22.97 -25.24 17.44 9.69
2012-09-30 21.16 -21.81 16.45 7.27

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if NanoString Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if NanoString Technologies has efficiently used its assets last year compared to the US Life Sciences industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if NanoString Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess NanoString Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Life Sciences industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
NanoString Technologies has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is NanoString Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up NanoString Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • NanoString Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • NanoString Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of NanoString Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from NanoString Technologies Company Filings, last reported 2 months ago.

NasdaqGM:NSTG Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 94.60 90.54 142.40
2018-12-31 36.87 58.40 94.00
2018-09-30 52.09 50.13 94.93
2018-06-30 8.62 49.73 50.69
2018-03-31 25.01 49.33 60.51
2017-12-31 40.11 48.93 77.56
2017-09-30 45.07 48.53 89.85
2017-06-30 52.02 48.14 99.34
2017-03-31 -3.06 47.77 57.14
2016-12-31 12.31 47.42 74.04
2016-09-30 -6.56 47.07 53.58
2016-06-30 0.33 46.75 57.14
2016-03-31 8.61 41.48 56.74
2015-12-31 20.22 41.23 49.04
2015-09-30 27.19 31.59 45.36
2015-06-30 33.96 31.38 52.52
2015-03-31 31.94 31.17 55.51
2014-12-31 44.81 30.25 72.23
2014-09-30 55.68 20.75 67.50
2014-06-30 65.85 20.37 79.59
2014-03-31 78.61 17.31 85.81
2013-12-31 31.47 18.29 42.66
2013-09-30 39.89 18.21 52.21
2013-06-30 0.48 17.72 10.76
2013-03-31 7.17 12.84 11.79
2012-12-31 13.39 12.76 21.69
2012-09-30 2.93 7.65 5.36
  • NanoString Technologies's level of debt (62.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (22.1% vs 62.3% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • NanoString Technologies has sufficient cash runway for 2.1 years based on current free cash flow.
  • NanoString Technologies has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 46.9% each year.
X
Financial health checks
We assess NanoString Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. NanoString Technologies has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is NanoString Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from NanoString Technologies dividends. Estimated to be 0% next year.
If you bought $2,000 of NanoString Technologies shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate NanoString Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate NanoString Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGM:NSTG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
United States of America Life Sciences Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 0.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGM:NSTG Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as NanoString Technologies has not reported any payouts.
  • Unable to verify if NanoString Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of NanoString Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as NanoString Technologies has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of NanoString Technologies's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess NanoString Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can NanoString Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. NanoString Technologies has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of NanoString Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Brad Gray
COMPENSATION $2,527,985
AGE 41
TENURE AS CEO 9 years
CEO Bio

Mr. R. Bradley Gray, also known as Brad, has been the Chief Executive Officer and President of NanoString Technologies, Inc. since June 29, 2010. Mr. Gray worked at Genzyme Genetics, the diagnostic services division of Genzyme Corporation, where he served as a Vice President of Product & Business Development leading the development of molecular diagnostics and partnering activities. Mr. Gray held several strategy and business development roles at the corporate and division levels beginning in 2004 when he joined Genzyme Corporation as Director of Corporate Development. Mr. Gray was a management consultant in the healthcare practice of McKinsey & Company. Mr. Gray has been Director of NanoString Technologies, Inc. since June 29, 2010. He holds a B.A. in Economics and Management from Oxford University, where he studied as a British Marshall Scholar and an S.B. in Chemical Engineering from the Massachusetts Institute of Technology.

CEO Compensation
  • Brad's compensation has increased whilst company is loss making.
  • Brad's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the NanoString Technologies management team in years:

5.6
Average Tenure
55
Average Age
  • The average tenure for the NanoString Technologies management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Brad Gray

TITLE
CEO, President & Director
COMPENSATION
$3M
AGE
41
TENURE
9 yrs

Tom Bailey

TITLE
CFO & Treasurer
COMPENSATION
$1M
AGE
49
TENURE
1.4 yrs

Mary Allen

TITLE
Senior Vice President of Operations & Administration
COMPENSATION
$896K
AGE
55
TENURE
2.1 yrs

Joe Beechem

TITLE
Senior Vice President of Research & Development
COMPENSATION
$1M
AGE
60
TENURE
7.2 yrs

David Ghesquiere

TITLE
Senior Vice President of Corporate & Business Development
COMPENSATION
$1M
AGE
51
TENURE
5.6 yrs

Doug Farrell

TITLE
Vice President of Investor Relations & Corporate Communications
TENURE
2.8 yrs

Kathy Surace-Smith

TITLE
VP, General Counsel & Corporate Secretary
AGE
59
TENURE
6.3 yrs

J. Brown

TITLE
Senior Vice President of Sales & Marketing
COMPENSATION
$1M
AGE
60
TENURE
1.9 yrs

Debbie Krogman

TITLE
Vice President of Human Resources
TENURE
5.7 yrs

Philippa Webster

TITLE
Senior Principal Scientist
Board of Directors Tenure

Average tenure and age of the NanoString Technologies board of directors in years:

8
Average Tenure
58.5
Average Age
  • The tenure for the NanoString Technologies board of directors is about average.
Board of Directors

Bill Young

TITLE
Independent Chairman
COMPENSATION
$133K
AGE
73
TENURE
9.4 yrs

Brad Gray

TITLE
CEO, President & Director
COMPENSATION
$3M
AGE
41
TENURE
9 yrs

Chad Waite

TITLE
Independent Director
COMPENSATION
$98K
AGE
62
TENURE
14.9 yrs

Greg Norden

TITLE
Independent Director
COMPENSATION
$104K
AGE
60
TENURE
6.9 yrs

Elisha Finney

TITLE
Independent Director
COMPENSATION
$88K
AGE
57
TENURE
2.1 yrs

Nick Galakatos

TITLE
Independent Director
COMPENSATION
$97K
AGE
60
TENURE
10 yrs

Rob Hershberg

TITLE
Independent Director
COMPENSATION
$85K
AGE
56
TENURE
4.3 yrs

Chad Nusbaum

TITLE
Member of Sequencing Advisory Board

Kirk Malloy

TITLE
Independent Director
COMPENSATION
$86K
AGE
51
TENURE
2.8 yrs
Who owns this company?
Recent Insider Trading
  • NanoString Technologies insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
07. Jun 19 Sell David Ghesquiere Individual 05. Jun 19 05. Jun 19 -6,954 $29.41 $-204,493
22. Mar 19 Sell Clarus Ventures, LLC Company 22. Mar 19 22. Mar 19 -2,000,000 $21.62 $-43,240,000
X
Management checks
We assess NanoString Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. NanoString Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is NanoString Technologies, Inc.'s (NASDAQ:NSTG) Balance Sheet A Threat To Its Future?

Does NSTG Produce Much Cash Relative To Its Debt? … The current ratio is calculated by dividing current assets by current liabilities. … Next Steps: NSTG’s high cash coverage means that, although its debt levels are high, the company is able to utilise its borrowings efficiently in order to generate cash flow.

Simply Wall St -

Did You Miss NanoString Technologies's (NASDAQ:NSTG) Impressive 152% Share Price Gain?

View our latest analysis for NanoString Technologies NanoString Technologies isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … In the last year NanoString Technologies saw its revenue shrink by 7.1%. … A Different Perspective It's nice to see that NanoString Technologies shareholders have received a total shareholder return of 152% over the last year.

Simply Wall St -

How Many NanoString Technologies, Inc. (NASDAQ:NSTG) Shares Do Institutions Own?

If you want to know who really controls NanoString Technologies, Inc. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Companies that used to be publicly owned tend to have lower insider ownership.

Simply Wall St -

What Should We Expect From NanoString Technologies, Inc.'s (NASDAQ:NSTG) Earnings In The Next Couple Of Years?

The latest earnings release NanoString Technologies, Inc.'s (NASDAQ:NSTG) announced in December 2018 … company earnings became less negative compared to the previous year's level

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Our Take On NanoString Technologies, Inc.'s (NASDAQ:NSTG) CEO Salary

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Brad Gray's Compensation Compare With Similar Sized Companies. … is worth US$718m, and total annual CEO compensation is US$1.9m.

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What Kind Of Share Price Volatility Should You Expect For NanoString Technologies, Inc. (NASDAQ:NSTG)?

(NASDAQ:NSTG) might want to consider the historical volatility of the share price. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider.

Simply Wall St -

What Kind Of Investor Owns Most Of NanoString Technologies, Inc. (NASDAQ:NSTG)?

Generally speaking, as a company grows, institutions will increase their ownership. … We also tend to see lower insider ownership in companies that were previously publicly owned. … We can zoom in on the different ownership groups, to learn more about NSTG

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NanoString Technologies Inc's (NASDAQ:NSTG) Path To Profitability

NanoString Technologies Inc's (NASDAQ:NSTG):. … With the latest financial year loss of -US$43.56m and a trailing-twelve month of -US$43.91m, the US$368.75m market-cap amplifies its loss by moving further away from its breakeven target. … I’ve put together a brief outline of industry analyst expectations for NSTG, its year of breakeven and its implied growth rate.

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Should You Be Content With NanoString Technologies Inc's (NASDAQ:NSTG) Earnings Growth?

After looking at NanoString Technologies Inc's (NASDAQ:NSTG) latest earnings update (31 March 2018), I found it helpful to revisit the company's performance in the past couple of years and compare this against the latest numbers. … Check out our latest analysis for NanoString Technologies Commentary On NSTG's Past Performance For the purpose of this commentary, I like to use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … For NanoString Technologies, its most recent trailing-twelve-month earnings is -US$43.91M, which, in comparison to the previous year's figure, has become less negative.

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What Do Analysts Think About NanoString Technologies Inc's (NASDAQ:NSTG) Earnings Outlook?

The latest earnings release NanoString Technologies Inc's (NASDAQ:NSTG) announced in December 2017 showed company earnings became less negative compared to the previous year's level - great news for investors Below, I've presented key growth figures on how market analysts view NanoString Technologies's earnings growth outlook over the next few years and whether the future looks brighter. … Check out our latest analysis for NanoString Technologies Analysts' outlook for the upcoming year seems pessimistic, with earnings becoming even more negative, generating -US$71.92M in 2019. … This means that, we can presume NanoString Technologies will chip away at a rate of -3.38% every year for the next few years.

Simply Wall St -

Company Info

Description

NanoString Technologies, Inc. provides life science tools for translational research and molecular diagnostic products worldwide. The company offers nCounter Analysis System, an automated, multi-application, digital detection, and counting system. It provides nCounter MAX and FLEX systems that include Prep Station, an automated liquid handling component that processes and prepares samples for data collection; and nCounter Digital Analyzer, which collects data from samples by taking images of the immobilized fluorescent reporters in the sample cartridge and processing the data into output files. The company also offers nCounter SPRINT Profiler, an instrument that provides liquid handling steps and the digital analysis through use of a microfluidic cartridge; and nSolver Analysis Software, a data analysis program that enables researchers to check, normalize, and analyze their data. In addition, it provides custom CodeSets; and Pan Cancer and 360 gene expression, CAR-T characterization, protein immune profiling, neuropathology and neuro-inflammation gene expression, Mouse-AD, autoimmune disease gene expression, miRNA expression, and other gene expression panels. Further, the company offers nCounter based reagents that allow users to design customized assays; Master Kits, such as ancillary reagents and plasticware to setup and process samples in the nCounter Prep Station and nCounter Digital Analyzer; and nCounter Dx Analysis System and Prosigna molecular diagnostic test kits. The company is also developing GeoMx DSP system to enable the field of spatial genomics; and Hyb & Seq molecular profiling system to determine and analyze gene sequences within biological samples. It has collaboration with Celgene Corporation; Merck & Co., Inc.; Medivation, Inc.; and Astellas Pharma, Inc, as well as strategic partnership with Bio-Techne Corp. The company was founded in 2003 and is headquartered in Seattle, Washington.

Details
Name: NanoString Technologies, Inc.
NSTG
Exchange: NasdaqGM
Founded: 2003
$925,991,779
35,048,894
Website: http://www.nanostring.com
Address: NanoString Technologies, Inc.
530 Fairview Avenue North,
Seattle,
Washington, 98109,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGM NSTG Common Stock Nasdaq Global Market US USD 26. Jun 2013
DB 0F1 Common Stock Deutsche Boerse AG DE EUR 26. Jun 2013
Number of employees
Current staff
Staff numbers
476
NanoString Technologies employees.
Industry
Life Sciences Tools and Services
Pharmaceuticals & Biotech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 00:45
End of day share price update: 2019/06/17 00:00
Last estimates confirmation: 2019/05/17
Last earnings filing: 2019/05/10
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.