At the time of writing, Exelixis Inc [EXEL] stock is trading at $35.30, down -2.00%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The EXEL shares have gain 3.92% over the last week, with a monthly amount glided 0.20%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Exelixis Inc [NASDAQ: EXEL] stock has seen the most recent analyst activity on December 20, 2024, when BMO Capital Markets downgraded its rating to a Market Perform and also boosted its price target to $40 from $36. Previously, BofA Securities downgraded its rating to Neutral on December 17, 2024, and elevated its price target to $39. On October 16, 2024, RBC Capital Mkts reiterated its Outperform rating and revised its price target to $34 on the stock. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $30 on September 19, 2024. Barclays downgraded its rating to a Equal Weight but $25 remained the price target by the analyst firm on April 11, 2024. BTIG Research started tracking with a Buy rating for this stock on December 19, 2023, and assigned it a price target of $27. In a note dated December 15, 2023, Citigroup initiated an Buy rating and provided a target price of $31 on this stock.
For the past year, the stock price of Exelixis Inc fluctuated between $20.01 and $36.97. Currently, Wall Street analysts expect the stock to reach $32.37 within the next 12 months. Exelixis Inc [NASDAQ: EXEL] shares were valued at $35.30 at the most recent close of the market. An investor can expect a potential drop of -8.3% based on the average EXEL price forecast.
Analyzing the EXEL fundamentals
According to Exelixis Inc [NASDAQ:EXEL], the company’s sales were 2.08B for trailing twelve months, which represents an 14.33% jump. 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 34.42 points at the first support level, and at 33.55 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 37.33.
Ratios To Look Out For
It is important to note that Exelixis Inc [NASDAQ:EXEL] has a current ratio of 3.93. In addition, the Quick Ratio stands at 3.88 and the Cash Ratio stands at 0.66. Considering the valuation of this stock, the price to sales ratio is 4.84, the price to book ratio is 4.43 and price to earnings (TTM) ratio is 22.50.
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.