The stock of Exelixis Inc (EXEL) has gone up by 1.16% for the week, with a 9.37% rise in the past month and a 28.99% rise in the past quarter. The volatility ratio for the week is 2.88%, and the volatility levels for the past 30 days are 2.70% for EXEL. The simple moving average for the past 20 days is 7.07% for EXEL’s stock, with a 23.10% simple moving average for the past 200 days.
Is It Worth Investing in Exelixis Inc (NASDAQ: EXEL) Right Now?
Exelixis Inc (NASDAQ: EXEL) has a price-to-earnings ratio of 24.69x that is above its average ratio. Additionally, the 36-month beta value for EXEL is 0.55. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 1 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
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The public float for EXEL is 277.90M and currently, short sellers hold a 3.62% ratio of that float. The average trading volume of EXEL on October 23, 2024 was 1.95M shares.
EXEL) stock’s latest price update
Exelixis Inc (NASDAQ: EXEL)’s stock price has soared by 0.59 in relation to previous closing price of 28.66. Nevertheless, the company has seen a gain of 1.16% in its stock price over the last five trading days. zacks.com reported 2024-10-22 that Exelixis (EXEL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analysts’ Opinion of EXEL
Many brokerage firms have already submitted their reports for EXEL stocks, with RBC Capital Mkts repeating the rating for EXEL by listing it as a “Outperform.” The predicted price for EXEL in the upcoming period, according to RBC Capital Mkts is $34 based on the research report published on October 16, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see EXEL reach a price target of $30. The rating they have provided for EXEL stocks is “Neutral” according to the report published on September 19th, 2024.
Barclays gave a rating of “Equal Weight” to EXEL, setting the target price at $25 in the report published on April 11th of the current year.
EXEL Trading at 8.73% 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 -3.09% of loss for the given period.
Volatility was left at 2.70%, however, over the last 30 days, the volatility rate increased by 2.88%, as shares surge +9.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.06% upper at present.
During the last 5 trading sessions, EXEL rose by +1.16%, which changed the moving average for the period of 200-days by +24.05% in comparison to the 20-day moving average, which settled at $26.93. In addition, Exelixis Inc saw 20.18% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EXEL starting from Hessekiel Jeffrey, who sale 25,000 shares at the price of $26.38 back on Sep 23 ’24. After this action, Hessekiel Jeffrey now owns 605,325 shares of Exelixis Inc, valued at $659,500 using the latest closing price.
JEFFREY J HESSEKIEL, the Officer of Exelixis Inc, proposed sale 75,000 shares at $26.42 during a trade that took place back on Sep 23 ’24, which means that JEFFREY J HESSEKIEL is holding shares at $1,981,500 based on the most recent closing price.
Stock Fundamentals for EXEL
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.96 for the gross margin
The net margin for Exelixis Inc stands at 0.17. The total capital return value is set at 0.15. Equity return is now at value 15.06, with 11.83 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 1.6. The debt to equity ratio resting at 0.09. The interest coverage ratio of the stock is 14.07.
Currently, EBITDA for the company is 196.6 million with net debt to EBITDA at 0.09. When we switch over and look at the enterprise to sales, we see a ratio of 4.1. The receivables turnover for the company is 4.94for trailing twelve months and the total asset turnover is 0.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.27.
Conclusion
In conclusion, Exelixis Inc (EXEL) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
