The stock of Exelixis Inc (EXEL) has gone up by 0.73% for the week, with a -0.93% drop in the past month and a 7.17% rise in the past quarter. The volatility ratio for the week is 1.67%, and the volatility levels for the past 30 days are 2.12% for EXEL.. The simple moving average for the past 20 days is 1.10% for EXEL’s stock, with a 7.19% simple moving average for the past 200 days.
Is It Worth Investing in Exelixis Inc (NASDAQ: EXEL) Right Now?
The price-to-earnings ratio for Exelixis Inc (NASDAQ: EXEL) is above average at 36.25x, Company’s 36-month beta value is 0.57.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for EXEL is 286.65M, and currently, short sellers hold a 3.01% ratio of that floaft. The average trading volume of EXEL on May 01, 2024 was 2.23M shares.
EXEL) stock’s latest price update
Exelixis Inc (NASDAQ: EXEL) has experienced a decline in its stock price by -1.14 compared to its previous closing price of 23.73. However, the company has seen a gain of 0.73% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-30 that Although the revenue and EPS for Exelixis (EXEL) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Analysts’ Opinion of EXEL
Many brokerage firms have already submitted their reports for EXEL stocks, with Barclays repeating the rating for EXEL by listing it as a “Equal Weight.” The predicted price for EXEL in the upcoming period, according to Barclays is $25 based on the research report published on April 11, 2024 of the current year 2024.
BTIG Research, on the other hand, stated in their research note that they expect to see EXEL reach a price target of $27. The rating they have provided for EXEL stocks is “Buy” according to the report published on December 19th, 2023.
Citigroup gave a rating of “Buy” to EXEL, setting the target price at $31 in the report published on December 15th of the previous year.
EXEL Trading at 2.91% 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 -3.62% of loss for the given period.
Volatility was left at 2.12%, however, over the last 30 days, the volatility rate increased by 1.67%, as shares surge +0.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.55% upper at present.
During the last 5 trading sessions, EXEL rose by +0.73%, which changed the moving average for the period of 200-days by +20.99% in comparison to the 20-day moving average, which settled at $23.21. In addition, Exelixis Inc saw -2.21% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EXEL starting from Garber Alan M, who sale 19,205 shares at the price of $24.01 back on Mar 21 ’24. After this action, Garber Alan M now owns 35,703 shares of Exelixis Inc, valued at $461,112 using the latest closing price.
Haley Patrick J., the EVP, Commercial of Exelixis Inc, sale 47,020 shares at $21.45 during a trade that took place back on Feb 23 ’24, which means that Haley Patrick J. is holding 384,866 shares at $1,008,579 based on the most recent closing price.
Stock Fundamentals for EXEL
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.97 for the gross margin
The net margin for Exelixis Inc stands at 0.11. The total capital return value is set at 0.07. Equity return is now at value 8.74, with 6.85 for asset returns.
Based on Exelixis Inc (EXEL), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at 1.58. The debt to equity ratio resting at 0.09. The interest coverage ratio of the stock is 6.52.
Currently, EBITDA for the company is 196.6 million with net debt to EBITDA at -0.33. When we switch over and look at the enterprise to sales, we see a ratio of 3.71. The receivables turnover for the company is 7.68for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.34.
Conclusion
In a nutshell, Exelixis Inc (EXEL) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
