Exelixis Inc’s stock (EXEL) continues to rise above its goal

A share price of Exelixis Inc [EXEL] is currently trading at $28.50, up 8.61%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EXEL shares have gain 12.25% over the last week, with a monthly amount glided 3.75%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Exelixis Inc [NASDAQ: EXEL] stock has seen the most recent analyst activity on September 19, 2024, when UBS initiated its Neutral rating and assigned the stock a price target of $30. Previously, Barclays downgraded its rating to Equal Weight on April 11, 2024, and kept the price target unchanged to $25. On December 19, 2023, BTIG Research initiated with a Buy rating and assigned a price target of $27 on the stock. Citigroup started tracking the stock assigning a Buy rating and suggested a price target of $31 on December 15, 2023. H.C. Wainwright initiated its recommendation with a Buy and recommended $28 as its price target on September 26, 2023. Oppenheimer reiterated a Outperform rating for this stock on August 22, 2023, and upped its price target to $29. In a note dated August 08, 2023, SVB Securities initiated an Market Perform rating and provided a target price of $18 on this stock.

Exelixis Inc experienced fluctuations in its stock price throughout the past year between $18.64 and $27.83. Currently, Wall Street analysts expect the stock to reach $29 within the next 12 months. Exelixis Inc [NASDAQ: EXEL] shares were valued at $28.50 at the most recent close of the market. An investor can expect a potential return of 1.75% based on the average EXEL price forecast.

Analyzing the EXEL fundamentals

Trailing Twelve Months sales for Exelixis Inc [NASDAQ:EXEL] were 2.01B which represents 35.61% growth. Gross Profit Margin for this corporation currently stands at 0.96% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.16 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.09.

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 26.71 points at the first support level, and at 24.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.64, and for the 2nd resistance point, it is at 30.77.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Exelixis Inc [NASDAQ:EXEL] is 4.27. As well, the Quick Ratio is 4.21, while the Cash Ratio is 0.46. Considering the valuation of this stock, the price to sales ratio is 4.04, the price to book ratio is 3.83 and price to earnings (TTM) ratio is 24.40.

Transactions by insiders

Recent insider trading involved Hessekiel Jeffrey, EVP & General Counsel, that happened on Sep 23 ’24 when 25000.0 shares were sold. Officer, JEFFREY J HESSEKIEL completed a deal on Sep 23 ’24 to buy 75000.0 shares. Meanwhile, EVP, General Counsel & Sec Hessekiel Jeffrey sold 20000.0 shares on Aug 26 ’24.

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