A share price of Exact Sciences Corp. [EXAS] is currently trading at $43.17, up 1.74%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The EXAS shares have gain 4.35% over the last week, with a monthly amount drifted -5.02%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Exact Sciences Corp. [NASDAQ: EXAS] stock has seen the most recent analyst activity on June 27, 2024, when Scotiabank initiated its Sector Outperform rating and assigned the stock a price target of $70. On January 02, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $91 on the stock. Guggenheim started tracking the stock assigning a Buy rating and suggested a price target of $90 on December 14, 2023. Wolfe Research initiated its recommendation with a Outperform and recommended $95 as its price target on December 13, 2023. Piper Sandler upgraded its rating to Overweight for this stock on October 10, 2023, but kept the price target unchanged to $90. In a note dated September 28, 2023, Bernstein initiated an Outperform rating and provided a target price of $83 on this stock.
Exact Sciences Corp. experienced fluctuations in its stock price throughout the past year between $40.62 and $100.77. Currently, Wall Street analysts expect the stock to reach $94.53 within the next 12 months. Exact Sciences Corp. [NASDAQ: EXAS] shares were valued at $43.17 at the most recent close of the market. An investor can expect a potential return of 118.97% based on the average EXAS price forecast.
Analyzing the EXAS fundamentals
Trailing Twelve Months sales for Exact Sciences Corp. [NASDAQ:EXAS] were 2.53B which represents 5.82% growth. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at -0.1%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.08 and Total Capital is -0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.82.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 42.29 points at the first support level, and at 41.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.65, and for the 2nd resistance point, it is at 44.13.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Exact Sciences Corp. [NASDAQ:EXAS] is 1.64. In addition, the Quick Ratio stands at 1.45 and the Cash Ratio stands at 0.51. Considering the valuation of this stock, the price to sales ratio is 3.14, the price to book ratio is 2.53.
Transactions by insiders
Recent insider trading involved Conroy Kevin T, President and CEO, that happened on May 01 ’24 when 1155.0 shares were sold. Chief Commercial Officer, Cunningham Everett completed a deal on May 01 ’24 to sell 136.0 shares. Meanwhile, Chief Financial Officer Elliott Jeffrey Thomas sold 136.0 shares on May 01 ’24.
