Exelixis Inc. (NASDAQ:EXEL) went down by -2.37% from its latest closing price compared to the recent 1-year high of $23.40. The company’s stock price has collected -3.96% of loss in the last five trading sessions.
Is It Worth Investing in Exelixis Inc. (NASDAQ :EXEL) Right Now?
Exelixis Inc. (NASDAQ:EXEL) scored a price-to-earnings ratio above its average ratio, recording 19.57 x from its present earnings ratio. Plus, the 36-month beta value for EXEL is at 0.66. Opinions of the stock are interesting as 10 analysts out of 15 who provided ratings for Exelixis Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 3 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $27.46, which is $10.96 above the current price. EXEL currently public float of 314.88M and currently shorts hold a 3.09% ratio of that float. Today, the average trading volume of EXEL was 2.21M shares.
EXEL’s Market Performance
EXEL stocks went down by -3.96% for the week, with a monthly drop of -13.84% and a quarterly performance of -18.28%, while its annual performance rate touched -18.84%. The volatility ratio for the week stands at 2.43% while the volatility levels for the past 30 days are set at 2.65% for Exelixis Inc. The simple moving average for the period of the last 20 days is -7.34% for EXEL stocks with a simple moving average of -16.51% for the last 200 days.
Analysts’ Opinion of EXEL
Many brokerage firms have already submitted their reports for EXEL stocks, with BMO Capital Markets repeating the rating for EXEL by listing it as a “Outperform.” The predicted price for EXEL in the upcoming period, according to BMO Capital Markets is $28 based on the research report published on June 24th of the current year 2022.
Piper Sandler, on the other hand, stated in their research note that they expect to see EXEL reach a price target of $34. The rating they have provided for EXEL stocks is “Overweight” according to the report published on November 19th, 2021.
Jefferies gave a rating of “Buy” to EXEL, setting the target price at $28 in the report published on November 03rd of the previous year.
EXEL Trading at -15.64% from the 50-Day Moving Average
After a stumble in the market that brought EXEL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.49% of loss for the given period.
Volatility was left at 2.65%, however, over the last 30 days, the volatility rate increased by 2.43%, as shares sank -13.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.69% lower at present.
During the last 5 trading sessions, EXEL fell by -3.96%, which changed the moving average for the period of 200-days by +4.17% in comparison to the 20-day moving average, which settled at $17.68. In addition, Exelixis Inc. saw -9.74% 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 EXEL starting from Haley Patrick J., who sale 40,000 shares at the price of $17.94 back on Sep 12. After this action, Haley Patrick J. now owns 261,591 shares of Exelixis Inc., valued at $717,600 using the latest closing price.
Haley Patrick J., the EVP, Commercial of Exelixis Inc., sale 18,812 shares at $18.21 during a trade that took place back on May 27, which means that Haley Patrick J. is holding 239,818 shares at $342,567 based on the most recent closing price.
Stock Fundamentals for EXEL
Current profitability levels for the company are sitting at:
- +19.98 for the present operating margin
- +96.32 for the gross margin
The net margin for Exelixis Inc. stands at +16.10. Equity return is now at value 12.10, with 10.30 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 5.43.