NASDAQ:EXASEXACT Sciences Stock Price, Forecast & News

$86.23

+0.86 (+1.01 %)

(As of 06/2/2020 04:00 PM ET)

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Today's Range

$83.70

Now: $86.23▼

$86.55

50-Day Range

$65.07

MA: $79.46▼

$86.29

52-Week Range

$35.25

Now: $86.23▼

$123.99

Volume1.39 million shs

Average Volume2.28 million shs

Market Capitalization$12.91 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.86

Exact Sciences Corporation, a molecular diagnostics company, focuses on developing products for the early detection and prevention of various cancers in the United States. The company offers Cologuard, a non-invasive stool-based DNA screening test for the early detection of colorectal cancer and pre-cancer. It has license agreements with MAYO Foundation for Medical Education and Research; and Hologic, Inc. Exact Sciences Corporation was founded in 1995 and is headquartered in Madison, Wisconsin.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
EXACT Sciences has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 16 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $106.67, EXACT Sciences has a potential upside of 23.7% from its current price of $86.23.
Amount of Analyst Coverage
EXACT Sciences has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.1 Community Rank

Outperform Votes
EXACT Sciences has received 875 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
EXACT Sciences has received 549 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
EXACT Sciences has received 61.45% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about EXACT Sciences and other stocks. Vote “Outperform” if you believe EXAS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe EXAS will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
EXACT Sciences does not currently pay a dividend.
Dividend Growth
EXACT Sciences does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, EXACT Sciences insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $677,332.00 in company stock.
Percentage Held by Insiders
Only 2.20% of the stock of EXACT Sciences is held by insiders.
Percentage Held by Institutions
86.94% of the stock of EXACT Sciences is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for EXACT Sciences are expected to grow in the coming year, from ($1.64) to ($0.87) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of EXACT Sciences is -110.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of EXACT Sciences is -110.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
EXACT Sciences has a P/B Ratio of 4.89. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.65 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Commercial physical research

Sub-IndustryBiotechnology

SectorMedical

Current SymbolNASDAQ:EXAS

Previous Symbol

CUSIP30063P10

CIK1124140

Webwww.exactsciences.com

Phone608-284-5700

Debt

Debt-to-Equity Ratio0.64

Current Ratio6.09

Quick Ratio5.81

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$876.29 million

Price / Sales14.74

Cash FlowN/A

Price / Cash FlowN/A

Book Value$17.62 per share

Price / Book4.89

Profitability

EPS (Most Recent Fiscal Year)($1.49)

Net Income$-83,990,000.00

Net Margins-10.04%

Return on Equity-13.98%

Return on Assets-7.70%

Miscellaneous

Employees4,110

Outstanding Shares149,746,000

Market Cap$12.91 billion

Next Earnings Date8/3/2020 (Estimated)

OptionableOptionable

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EXACT Sciences (NASDAQ:EXAS) Frequently Asked Questions

How has EXACT Sciences' stock been impacted by COVID-19 (Coronavirus)?

EXACT Sciences' stock was trading at $57.82 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, EXAS shares have increased by 49.1% and is now trading at $86.23. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of EXACT Sciences?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EXACT Sciences in the last year. There are currently 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for EXACT Sciences.

When is EXACT Sciences' next earnings date?

EXACT Sciences is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for EXACT Sciences.

How were EXACT Sciences' earnings last quarter?

EXACT Sciences Co. (NASDAQ:EXAS) posted its quarterly earnings results on Wednesday, May, 6th. The medical research company reported ($0.71) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.59) by $0.12. The medical research company had revenue of $347.80 million for the quarter, compared to analysts' expectations of $347.47 million. EXACT Sciences had a negative net margin of 10.04% and a negative return on equity of 13.98%. EXACT Sciences's quarterly revenue was up 114.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.66) earnings per share. View EXACT Sciences' earnings history.

What guidance has EXACT Sciences issued on next quarter's earnings?

EXACT Sciences issued an update on its first quarter 2020 After-Hours earnings guidance on Tuesday, April, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $348-348 million, compared to the consensus revenue estimate of $240.68 million.

What price target have analysts set for EXAS?

16 equities research analysts have issued 1 year price objectives for EXACT Sciences' shares. Their forecasts range from $70.00 to $135.00. On average, they expect EXACT Sciences' share price to reach $106.67 in the next twelve months. This suggests a possible upside of 23.7% from the stock's current price. View analysts' price targets for EXACT Sciences.

What are Wall Street analysts saying about EXACT Sciences stock?

Here are some recent quotes from research analysts about EXACT Sciences stock:

1. According to Zacks Investment Research, "Exact Sciences exited the first quarter of 2020 with better-than-expected revenues, thanks to the Genomic Health acquisition. Higher Cologuard volumes boosted its legacy Screening business. Gross margin expansion and an overall strong solvency are encouraging as well. Continued strong demand for tests needed for cancer treatment mitigated the overall revenue impact. Delivery of critical care and accelerated launch of its telehealth site to lessen direct interactions with health care providers during the pandemic are noteworthy. However, fewer patient visits and surgery deferrals due to COVID-19 are concerning. Sole reliance on Cologuard and competitive headwinds are other major downsides. Rising expenses and operating loss also do not bode well. Overall, Exact Sciences has underperformed its industry over the past six months." (5/28/2020)
2. Canaccord Genuity analysts commented, "We are buyers of EXAS following the unusual 10% weakness in shares today, which we believe were part of the overall selloff today in diagnostics (and software stocks), where much of the alpha in the overall stock market has come from; and what we believe is likely certain funds pressuring EXAS following a cost effectiveness study published last week, but got a lot more attention today on the Street. We believe this is a buy-on- weakness opportunity on shares of EXAS given a handful of deep flaws used in the study." (9/10/2019)

Has EXACT Sciences been receiving favorable news coverage?

News articles about EXAS stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. EXACT Sciences earned a media sentiment score of -3.5 on InfoTrie's scale. They also assigned media stories about the medical research company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutEXACT Sciences.

Who are some of EXACT Sciences' key competitors?

Some companies that are related to EXACT Sciences include Amgen (AMGN), Gilead Sciences (GILD), Celgene (CELG), Vertex Pharmaceuticals (VRTX), Regeneron Pharmaceuticals (REGN), Biogen (BIIB), Seattle Genetics (SGEN), Alexion Pharmaceuticals (ALXN), Incyte (INCY), BioMarin Pharmaceutical (BMRN), Alnylam Pharmaceuticals (ALNY), Neurocrine Biosciences (NBIX), Ionis Pharmaceuticals (IONS), Immunomedics (IMMU) and Exelixis (EXEL). View all competitors.

What other stocks do shareholders of EXACT Sciences own?

Based on aggregate information from My MarketBeat watchlists, some companies that other EXACT Sciences investors own include Novavax (NVAX), NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), salesforce.com (CRM), Paypal (PYPL), Square (SQ), Advanced Micro Devices (AMD), Aduro BioTech (ADRO) and Netflix (NFLX).

Who are EXACT Sciences' key executives?

EXACT Sciences' management team includes the following people:

Mr. Kevin T. Conroy, Chairman, Pres & CEO (Age 53)
Mr. Jeffrey T. Elliott CFA, Chief Financial Officer (Age 41)
Mr. Graham P. Lidgard, Chief Science Officer (Age 70)
Mr. D. Scott Coward, Chief Admin. Officer, Sr. VP, Gen. Counsel & Sec. (Age 54)
Mr. Mark Stenhouse, Pres of Cologuard (Age 52)

What is EXACT Sciences' stock symbol?

EXACT Sciences trades on the NASDAQ under the ticker symbol "EXAS."

Who are EXACT Sciences' major shareholders?

EXACT Sciences' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Ensign Peak Advisors Inc (2.04%), Viking Global Investors LP (1.62%), Zevenbergen Capital Investments LLC (1.20%), Geode Capital Management LLC (1.07%), Jennison Associates LLC (0.96%) and Primecap Management Co. CA (0.93%). Company insiders that own EXACT Sciences stock include D Scott Coward, G Bradley Cole, Graham Peter Lidgard, Jacob A Orville, James Edward Doyle, Jeffrey Thomas Elliott, Katherine S Zanotti, Kevin T Conroy, Mark Stenhouse, Michael S Wyzga, Scott C Johnson and Thomas D Carey. View institutional ownership trends for EXACT Sciences.

Which institutional investors are selling EXACT Sciences stock?

EXAS stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Victory Capital Management Inc., Victory Capital Management Inc., Wasatch Advisors Inc., KBC Group NV, Nuveen Asset Management LLC, Kornitzer Capital Management Inc. KS, and Blair William & Co. IL. Company insiders that have sold EXACT Sciences company stock in the last year include G Bradley Cole, Jacob A Orville, James Edward Doyle, Jeffrey Thomas Elliott, Katherine S Zanotti, Kevin T Conroy, Mark Stenhouse, and Scott C Johnson. View insider buying and selling activity for EXACT Sciences.

Which institutional investors are buying EXACT Sciences stock?

EXAS stock was purchased by a variety of institutional investors in the last quarter, including Ensign Peak Advisors Inc, ArrowMark Colorado Holdings LLC, Sachem Head Capital Management LP, Factory Mutual Insurance Co., Viking Global Investors LP, Eminence Capital LP, Spyglass Capital Management LLC, and Rothschild & Co. Asset Management US Inc.. View insider buying and selling activity for EXACT Sciences.

How do I buy shares of EXACT Sciences?

Shares of EXAS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is EXACT Sciences' stock price today?

One share of EXAS stock can currently be purchased for approximately $86.23.

How big of a company is EXACT Sciences?

EXACT Sciences has a market capitalization of $12.91 billion and generates $876.29 million in revenue each year. The medical research company earns $-83,990,000.00 in net income (profit) each year or ($1.49) on an earnings per share basis. EXACT Sciences employs 4,110 workers across the globe.

What is EXACT Sciences' official website?

The official website for EXACT Sciences is www.exactsciences.com.

How can I contact EXACT Sciences?

EXACT Sciences' mailing address is 441 CHARMANY DRIVE, MADISON WI, 53719. The medical research company can be reached via phone at 608-284-5700.

This page was last updated on 6/2/2020 by MarketBeat.com Staff