Exact Sciences Corporation (NASDAQ:EXAS) went down by -1.47% from its latest closing price compared to the recent 1-year high of $113.10. The company’s stock price has collected 1.28% of gains in the last five trading sessions.
Is It Worth Investing in Exact Sciences Corporation (NASDAQ :EXAS) Right Now?
Plus, the 36-month beta value for EXAS is at 1.63. Opinions of the stock are interesting as 14 analysts out of 15 who provided ratings for Exact Sciences Corporation declared the stock was a “buy,” while 1 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $116.50, which is $41.61 above the current price. EXAS currently public float of 148.61M and currently shorts hold a 8.86% ratio of that float. Today, the average trading volume of EXAS was 1.39M shares.
EXAS’s Market Performance
EXAS stocks went up by 1.28% for the week, with a monthly drop of -11.46% and a quarterly performance of -13.01%, while its annual performance rate touched -28.97%. The volatility ratio for the week stands at 3.24% while the volatility levels for the past 30 days are set at 4.27% for Exact Sciences Corporation. The simple moving average for the period of the last 20 days is -2.35% for EXAS stocks with a simple moving average of -9.80% for the last 200 days.
Analysts’ Opinion of EXAS
Many brokerage firms have already submitted their reports for EXAS stocks, with Evercore ISI repeating the rating for EXAS by listing it as a “Outperform.” The predicted price for EXAS in the upcoming period, according to Evercore ISI is $70 based on the research report published on April 2nd of the current year 2020.
BTIG Research, on the other hand, stated in their research note that they expect to see EXAS reach a price target of $127. The rating they have provided for EXAS stocks is “Buy” according to the report published on January 10th, 2020.
Citigroup gave a rating of “Buy” to EXAS, setting the target price at $120 in the report published on January 7th of the current year.
EXAS Trading at -13.10% from the 50-Day Moving Average
After a stumble in the market that brought EXAS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.78% of loss for the given period.
Volatility was left at 4.27%, however, over the last 30 days, the volatility rate increased by 3.24%, as shares sank -8.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.30% lower at present.
During the last 5 trading sessions, EXAS rose by +1.28%, which changed the moving average for the period of 200-days by -7.52% in comparison to the 20-day moving average, which settled at $76.36. In addition, Exact Sciences Corporation saw -19.02% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at EXAS starting from Conroy Kevin T, who sold 19,927 shares at the price of $75.03 back on Sep 01. After this action, Conroy Kevin T now owns 948,339 shares of Exact Sciences Corporation, valued at $1,495,123 using the latest closing price.
Hoof Torsten, the General Manager, International of Exact Sciences Corporation, sold 7,964 shares at $84.90 during a trade that took place back on Aug 19, which means that Hoof Torsten is holding 2,017 shares at $676,144 based on the most recent closing price.
Stock Fundamentals for EXAS
Current profitability levels for the company are sitting at:
- -19.51 for the present operating margin
- +73.44 for the gross margin
The net margin for Exact Sciences Corporation stands at -9.59. The total capital return value is set at -7.40, while invested capital returns managed to touch -3.64. Equity return is now at value -7.60, with -4.30 for asset returns.
Based on Exact Sciences Corporation (EXAS), the company’s capital structure generated 41.74 points at debt to equity in total, while total debt to capital is 29.45. Total debt to assets is 27.24, with long-term debt to equity ratio resting at -3.35. Finally, the long-term debt to capital ratio is 41.36.
When we switch over and look at the enterprise to sales, we see a ratio of 14.57, with the company’s debt to enterprise value settled at 0.07. The receivables turnover for the company is 9.84 and the total asset turnover is 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.36.