Exact Sciences Corp. [NASDAQ: EXAS] slipped around -2.82 points on Tuesday, while shares priced at $47.02 at the close of the session, down -5.66%.
Compared to the average trading volume of 2.91M shares, EXAS reached a trading volume of 3951177 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Exact Sciences Corp. [EXAS]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EXAS shares is $84.90 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EXAS stock is a recommendation set at 1.33. 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.
The Benchmark Company have made an estimate for Exact Sciences Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 02, 2024. While these analysts kept the previous recommendation, Guggenheim raised their target price to Buy. The new note on the price target was released on December 14, 2023, representing the official price target for Exact Sciences Corp. stock. Previously, the target price had yet another raise to $95, while Wolfe Research analysts kept a Outperform rating on EXAS stock.
The Average True Range (ATR) for Exact Sciences Corp. is set at 3.16, with the Price to Sales ratio for EXAS stock in the period of the last 12 months amounting to 3.42. The Price to Book ratio for the last quarter was 2.76, with the Price to Cash per share for the same quarter was set at 3.53.
How has EXAS stock performed recently?
Exact Sciences Corp. [EXAS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.80. With this latest performance, EXAS shares dropped by -20.10% in over the last four-week period, additionally sinking by -28.75% over the last 6 months – not to mention a drop of -41.83% 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 EXAS stock in for the last two-week period is set at 29.06, with the RSI for the last a single of trading hit 25.31, and the three-weeks RSI is set at 32.43 for Exact Sciences Corp. [EXAS]. The present Moving Average for the last 50 days of trading for this stock 61.68, while it was recorded at 51.59 for the last single week of trading, and 66.20 for the last 200 days.
Exact Sciences Corp. [EXAS]: Deeper insight into the fundamentals
Exact Sciences Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.45 and a Current Ratio set at 1.64.
Insider trade positions for Exact Sciences Corp. [EXAS]
The top three institutional holders of EXAS 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 EXAS stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in EXAS stock with ownership which is approximately 5.8386%.
