Exact Sciences Corp. (NASDAQ:EXAS) price is hovering lower on Tuesday, April 16, dropping -0.81% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $65.35. Taking into account the 52-week price action we note that the stock hit a 52-week high of $100.77 and 52-week low of $56.05. The stock added 12.32% on its value in the past month.
Exact Sciences Corp., which has a market valuation of $11.77 billion. Analysts tracking EXAS have forecast the quarterly EPS to shrink by -0.47 per share this quarter, while the same analysts predict the annual EPS to hit -$0.85 for the year 2024 and up to $0.06 for 2025. In this case, analysts estimate an annual EPS growth of 24.80% for the year and 107.10% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $627.36 million, with the likely lows of $619.99 million and highs of $647 million. The average estimate suggests sales growth for the quarter will likely rise by 4.10% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $2.83 billion for the company’s annual revenue in 2024. Per this projection, the revenue is forecast to grow 13.30% above that which the company brought in 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with — upward and — downward reviews. On the technical perspective front, indicators give EXAS a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that EXAS’s price is at present -4.58% off the SMA20 and 2.46% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 44.79, with weekly volatility standing at 5.11%. The indicator jumps to 4.67% when calculated based on the past 30 days. Exact Sciences Corp. (NASDAQ:EXAS)’s beta value is holding at 1.23, while the average true range (ATR) indicator is currently reading 3.25.
An analysis of the Exact Sciences Corp. (NASDAQ:EXAS) stock in terms of its daily trading volume indicates that the 3-month average is 2.36 million.
Current records show that the company has 181.36M in outstanding shares. The insiders’ percentage holdings are 1.04% of outstanding shares while the percentage share held by institutions stands at 90.01%. But the -12.38% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
