Exelixis Inc [NASDAQ: EXEL] plunged by -$0.38 during the normal trading session on while it closed the day at $22.49.
Exelixis Inc stock has also loss -0.71% of its value over the past 7 days. However, EXEL stock has inclined by 0.99% in the 3 months of the year. Over the past six months meanwhile, it has gained 3.26% and lost -6.25% year-on date.
The market cap for EXEL stock reached $6.82 billion, with 302.79 million shares outstanding and 294.81 million shares in the current float. Compared to the average trading volume of 2.26M shares, EXEL reached a trading volume of 2610286 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Exelixis Inc [EXEL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EXEL shares is $26.73 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EXEL stock is a recommendation set at 1.73. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Barclays have made an estimate for Exelixis Inc shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on April 11, 2024. While these analysts kept the previous recommendation, BTIG Research raised their target price to Buy. The new note on the price target was released on December 19, 2023, representing the official price target for Exelixis Inc stock. Previously, the target price had yet another raise to $31, while Citigroup analysts kept a Buy rating on EXEL stock.
The Average True Range (ATR) for Exelixis Inc is set at 0.54, with the Price to Sales ratio for EXEL stock in the period of the last 12 months amounting to 3.73. The Price to Book ratio for the last quarter was 3.01, with the Price to Cash per share for the same quarter was set at 3.28. Price to Free Cash Flow for EXEL in the course of the last twelve months was 23.28 with Quick ratio for the last quarter at 3.30.
EXEL stock trade performance evaluation
Exelixis Inc [EXEL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.71. With this latest performance, EXEL shares dropped by -4.18% in over the last four-week period, additionally plugging by 3.26% over the last 6 months – not to mention a rise of 17.50% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EXEL stock in for the last two-week period is set at 42.27, with the RSI for the last a single of trading hit 36.13, and the three-weeks RSI is set at 46.04 for Exelixis Inc [EXEL]. The present Moving Average for the last 50 days of trading for this stock 22.37, while it was recorded at 22.74 for the last single week of trading, and 21.74 for the last 200 days.
Exelixis Inc [EXEL]: An insightful look at the core fundamentals
Exelixis Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.30 and a Current Ratio set at 3.34.
Earnings per share (EPS) analysis for Exelixis Inc [EXEL] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EXEL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Exelixis Inc go to 19.00%.
Exelixis Inc [EXEL]: Institutional Ownership
The top three institutional holders of EXEL stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in EXEL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in EXEL stock with ownership which is approximately 5.8386%.
