Here is how Exelixis Inc (EXEL) stock might take investors finances to the next level

A share price of Exelixis Inc [EXEL] is currently trading at $36.04, up 0.75%. 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 0.31% over the last week, with a monthly amount glided 3.65%, 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 October 16, 2024, when RBC Capital Mkts reiterated its Outperform rating and also boosted its price target to $34 from $30. Previously, UBS started tracking the stock with Neutral rating on September 19, 2024, and set its price target to $30. On April 11, 2024, downgrade downgraded it’s rating to Equal Weight but maintained its price target of $25 on the stock. BTIG Research started tracking the stock assigning a Buy rating and suggested a price target of $27 on December 19, 2023. Citigroup initiated its recommendation with a Buy and recommended $31 as its price target on December 15, 2023. H.C. Wainwright started tracking with a Buy rating for this stock on September 26, 2023, and assigned it a price target of $28. In a note dated August 22, 2023, Oppenheimer reiterated an Outperform rating on this stock and boosted its target price from $25 to $29.

Exelixis Inc experienced fluctuations in its stock price throughout the past year between $19.20 and $36.97. Currently, Wall Street analysts expect the stock to reach $30.89 within the next 12 months. Exelixis Inc [NASDAQ: EXEL] shares were valued at $36.04 at the most recent close of the market. An investor can expect a potential drop of -14.29% based on the average EXEL price forecast.

Analyzing the EXEL fundamentals

Trailing Twelve Months sales for Exelixis Inc [NASDAQ:EXEL] were 2.08B which represents 14.33% growth. Gross Profit Margin for this corporation currently stands at 0.96% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.21 and Total Capital is 0.2.

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 35.69 points at the first support level, and at 35.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.31, and for the 2nd resistance point, it is at 36.57.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Exelixis Inc [NASDAQ:EXEL] is 3.93. As well, the Quick Ratio is 3.88, while the Cash Ratio is 0.66. Considering the valuation of this stock, the price to sales ratio is 4.94, the price to book ratio is 4.53 and price to earnings (TTM) ratio is 22.97.

Transactions by insiders

Recent insider trading involved Hessekiel Jeffrey, EVP & General Counsel, that happened on Nov 29 ’24 when 60000.0 shares were sold. Officer, JEFFREY HESSEKIEL completed a deal on Nov 29 ’24 to buy 60000.0 shares. Meanwhile, EVP, Commercial Haley Patrick J. sold 10000.0 shares on Nov 22 ’24.

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