At the time of writing, Exact Sciences Corp [EXAS] stock is trading at $61.58, down -0.36%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The EXAS shares have gain 1.68% over the last week, with a monthly amount glided 19.62%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Exact Sciences Corp [NASDAQ: EXAS] stock has seen the most recent analyst activity on August 28, 2024, when Wells Fargo initiated its Overweight rating and assigned the stock a price target of $75. Previously, Scotiabank started tracking the stock with Sector Outperform rating on June 27, 2024, and set its price target to $70. The Benchmark Company upgraded its rating to a Buy but stick to its price target of $91 on January 02, 2024. Guggenheim initiated its recommendation with a Buy and recommended $90 as its price target on December 14, 2023. Wolfe Research started tracking with a Outperform rating for this stock on December 13, 2023, and assigned it a price target of $95. In a note dated October 10, 2023, Piper Sandler upgraded an Overweight rating on this stock but restated the target price of $90.
For the past year, the stock price of Exact Sciences Corp fluctuated between $40.62 and $79.62. Currently, Wall Street analysts expect the stock to reach $77.43 within the next 12 months. Exact Sciences Corp [NASDAQ: EXAS] shares were valued at $61.58 at the most recent close of the market. An investor can expect a potential return of 25.74% based on the average EXAS price forecast.
Analyzing the EXAS fundamentals
According to Exact Sciences Corp [NASDAQ:EXAS], the company’s sales were 2.69B for trailing twelve months, which represents an 12.78% jump. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at -0.09%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.07 and Total Capital is -0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.8.
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 60.84 points at the first support level, and at 60.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 62.77, and for the 2nd resistance point, it is at 63.95.
Ratios To Look Out For
It is important to note that Exact Sciences Corp [NASDAQ:EXAS] has a current ratio of 2.12. Also, the Quick Ratio is 1.93, while the Cash Ratio stands at 0.81. Considering the valuation of this stock, the price to sales ratio is 4.23, the price to book ratio is 3.55.
Transactions by insiders
Recent insider trading involved Conroy Kevin T, President and CEO, that happened on Nov 13 ’24 when 19500.0 shares were purchased. EVP, GM, Precision Oncology, Baranick Brian completed a deal on Oct 08 ’24 to sell 929.0 shares. Meanwhile, Officer Baranick Brian bought 929.0 shares on Oct 08 ’24.
