Exa Corp Company Profile (NASDAQ:EXA)

Exa Corp trades on the NASDAQ under the ticker symbol "EXA."

Exa Corp (NASDAQ:EXA) posted its quarterly earnings results on Wednesday, May, 24th. The company reported ($0.14) earnings per share for the quarter, beating the consensus estimate of ($0.18) by $0.04. The firm had revenue of $16.56 million for the quarter, compared to analyst estimates of $16.56 million. Exa Corp had a negative return on equity of 15.46% and a negative net margin of 3.87%. Exa Corp's quarterly revenue was down 1.4% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.04) earnings per share. View Exa Corp's Earnings History.

Exa Corp issued an update on its FY18 earnings guidance on Wednesday, May, 24th. The company provided EPS guidance of $(0.20)-(0.04) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.16). The company issued revenue guidance of $76-80 million, compared to the consensus revenue estimate of $76.13 million.Exa Corp also updated its Q2 guidance to $(0.15)-(0.11) EPS.

4 analysts have issued 12 month price targets for Exa Corp's stock. Their forecasts range from $15.00 to $18.00. On average, they expect Exa Corp's share price to reach $16.50 in the next twelve months. View Analyst Ratings for Exa Corp.

Here are some recent quotes from research analysts about Exa Corp stock:

• 1. Stifel Nicolaus analysts commented, "Exa reported mixed F4Q17 results that came in below consensus on the top line and towards the lower end of management's guided range. Specifically, total revenue of $19.5M was up just 6% Y/Y in C.C. despite facing its easiest comp of the year, and fell well short of our $20.6M estimate. By product line, license revenue of $16M (up 11% Y/Y in C.C.) missed our number by ~$500K, while project revenue of $3.5M (down 11% Y/Y in C.C.) came up ~$600K short of our estimate. The silver lining to this sharp fall in product revenue is that Exa's license revenue, which is recurring in nature and carries a much more favorable gross margin profile, grew to represent a large proportion of the overall mix and helped drive adjusted EBITDA of $2.7M that came in ~$700K above our estimate." (3/17/2017)
• 2. Needham & Company LLC analysts commented, "Exa delivered mixed F4Q17 results, but the more disappointing was F18 guidance, which was materially weaker (~4-5% less y/y growth) than that issued, albeit in preliminary fashion, at the company's mid-December analyst day. The weakness was attributed to hesitation by auto and truck OEMs related to uncertainty in US policy regarding a potential border tax and looser emissions regulations. In theory at least some of this hesitation should ease with more clarity regarding US policy, and management noted that product usage had not slowed, suggesting potential for stronger F2H18 renewals if this were to continue. As such, while we're clearly disappointed with the reduced outlook, we maintain our Buy rating for now (PT reduced to $16, or 2.8x EV/F18 sales, from $18) as we look for evidence of improving demand in F2H18." (3/17/2017)
• 3. According to Zacks Investment Research, "Exa Corporation develops, markets, sells, and supports software products, and provides professional services for simulation-driven design. The Company offers PowerFLOW(R) simulation engine, automatic fluid grid generation engine, mesh preparation, advanced simulation analysis, and rapid design geometry modification products. The company's software suite includes PowerDELTA, PowerCASE, PowerCLAY, PowerTHERM, PowerCOOL, PowerINSIGHT, PowerVIZ and PowerACOUSTICS. Its products are used in various applications, including aerodynamics, thermal management, aeroacoustics, climate control, and powertrain. . Exa Corporation is headquartered in Burlington, Massachusetts. " (1/31/2017)

Some companies that are related to Exa Corp include VirnetX Holding (VHC), Accelrys (ACCL), Actuate Corp (BIRT), Advent Software (ADVS), BMC Software (BMC), Compuware (CPWR), Concur Technologies (CNQR), MICROS Systems (MCRS), PTC (PMTC), Sourcefire LLC (FIRE), Tibco Software (TIBX) and Websense (WBSN).

Exa Corp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Conestoga Capital Advisors LLC (10.31%), Soros Fund Management LLC (9.52%), FMR LLC (5.00%), Vanguard Group Inc. (3.95%), Baillie Gifford & Co. (2.82%) and State of New Jersey Common Pension Fund D (1.75%). Company insiders that own Exa Corp stock include Fidelity Non-Profit Management, Hudong Chen, James E Hoch, John J Shields, Richard F Gilbody, Stephen A Remondi and Wayne D Mackie. View Institutional Ownership Trends for Exa Corp.

Exa Corp's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Acadian Asset Management LLC, Morgan Stanley, Conestoga Capital Advisors LLC, State of New Jersey Common Pension Fund D, Ameriprise Financial Inc., TIAA CREF Investment Management LLC and BB&T Corp. Company insiders that have sold Exa Corp stock in the last year include Fidelity Non-Profit Management, Hudong Chen, James E Hoch, John J Shields and Stephen A Remondi. View Insider Buying and Selling for Exa Corp.

Exa Corp's stock was acquired by a variety of institutional investors in the last quarter, including FIL Ltd, Ranger Investment Management L.P., Soros Fund Management LLC, Vanguard Group Inc., Oxford Asset Management, Metropolitan Life Insurance Co. NY, Kornitzer Capital Management Inc. KS and Strs Ohio. Company insiders that have bought Exa Corp stock in the last two years include Richard F Gilbody and Wayne D Mackie. View Insider Buying and Selling for Exa Corp.

Shares of Exa Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Exa Corp stock can currently be purchased for approximately $13.50.