With 2.91 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.02 million shares. The 52-week range on EXEL shows that it touched its highest point at $48.85 and its lowest point at $21.18 during that stretch. It currently has a 1-year price target of $40.89. Beta for the stock currently stands at 0.28.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EXEL was up-trending over the past week, with a rise of 1.16%, but this was up by 10.26% over a month. Three-month performance surged to 11.23% while six-month performance rose 17.64%. The stock gained 109.27% in the past year, while it has gained 28.77% so far this year. A look at the trailing 12-month EPS for EXEL yields 2.20 with Next year EPS estimates of 3.04. For the next quarter, that number is 0.64. This implies an EPS growth rate of 50.10% for this year and 15.22% for next year. EPS is expected to grow by 31.27% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 11.55%.
Float and Shares Shorts:
At present, 275.03 million EXEL shares are outstanding with a float of 263.95 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EXEL since 8 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.67424 being high and $0.48775 being low. For EXEL, this leads to a yearly average estimate of $0.61686.
