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.
Industry, Sector and Symbol
Industry Commercial physical research
Sub-IndustryBiotechnology
SectorMedical
Phone608-535-8815
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$454.46 million
Profitability
Miscellaneous
Employees1,977
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable
EXACT Sciences (NASDAQ:EXAS) Frequently Asked Questions
What is EXACT Sciences' stock symbol?
EXACT Sciences trades on the NASDAQ under the ticker symbol "EXAS."
How were EXACT Sciences' earnings last quarter?
EXACT Sciences Co. (NASDAQ:EXAS) released its earnings results on Monday, July, 29th. The medical research company reported ($0.30) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.56) by $0.26. The medical research company earned $199.87 million during the quarter, compared to analyst estimates of $182.18 million. EXACT Sciences had a negative net margin of 35.43% and a negative return on equity of 28.90%. The business's revenue was up 94.3% on a year-over-year basis. During the same quarter last year, the business earned ($0.30) EPS. View EXACT Sciences' Earnings History.
When is EXACT Sciences' next earnings date?
What guidance has EXACT Sciences issued on next quarter's earnings?
EXACT Sciences updated its FY 2019 earnings guidance on Monday, July, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $800-810 million, compared to the consensus revenue estimate of $747 million.
What price target have analysts set for EXAS?
9 equities research analysts have issued 12 month target prices for EXACT Sciences' shares. Their forecasts range from $102.00 to $143.00. On average, they expect EXACT Sciences' share price to reach $125.8750 in the next year. This suggests a possible upside of 21.1% from the stock's current price. View Analyst Price Targets for EXACT Sciences.
What is the consensus analysts' recommendation for EXACT Sciences?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EXACT Sciences in the last year. There are currently 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings 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. 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)
- 2. According to Zacks Investment Research, "EXACT Sciences Corporation uses applied genomics to develop effective, patient-friendly screening technologies for use in the detection of cancer. Certain of its technologies have been licensed to Laboratory Corporation of America Holdings for a stool-based DNA screening assay for colorectal cancer in the average-risk population. Colorectal cancer, which is the most deadly cancer among non-smokers, is generally curable if detected early. Despite the availability of colorectal cancer screening and diagnostic tests for more than twenty years, the rate of early detection of colorectal cancer remains low, and deaths from colorectal cancer remain high. EXACT Sciences believes its genomics-based technologies would help to enable detection of colorectal cancer so that more people can be effectively treated. " (8/1/2019)
Has EXACT Sciences been receiving favorable news coverage?
Media headlines about EXAS stock have been trending somewhat negative this week, InfoTrie reports. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. EXACT Sciences earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news coverage about the medical research company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for EXACT Sciences.
Who are some of EXACT Sciences' key competitors?
Some companies that are related to EXACT Sciences include Iqvia (IQV), Incyte (INCY), Icon (ICLR), PRA Health Sciences (PRAH), Charles River Laboratories Intl. (CRL), Exelixis (EXEL), Syneos Health (SYNH), BTG (BTGGF), Medpace (MEDP), National Research (NRC), Intrexon (XON), Sorrento Therapeutics (SRNE), STARPHARMA HOLD/S (SPHRY), Pieris Pharmaceuticals (PIRS) and Eloxx Pharmaceuticals (ELOX).
What other stocks do shareholders of EXACT Sciences own?
Who are EXACT Sciences' key executives?
EXACT Sciences' management team includes the folowing 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)
Who are EXACT Sciences' major shareholders?
EXACT Sciences' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.90%), Price T Rowe Associates Inc. MD (5.55%), Jennison Associates LLC (2.55%), Viking Global Investors LP (1.75%), Winslow Capital Management LLC (1.74%) and Primecap Management Co. CA (1.38%). Company insiders that own EXACT Sciences stock include D Scott Coward, Graham Peter Lidgard, Jeffrey Thomas Elliott, Katherine S Zanotti, Kevin T Conroy, Maneesh Arora, Mark Stenhouse, Michael S Wyzga, Scott C Johnson and Thomas D Carey. View Institutional Ownership Trends for EXACT Sciences.
Which major investors are selling EXACT Sciences stock?
EXAS stock was sold by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, Price T Rowe Associates Inc. MD, Viking Global Investors LP, William Blair Investment Management LLC, Eaton Vance Management, Baillie Gifford & Co., Green Valley Investors LLC and Wasatch Advisors Inc.. Company insiders that have sold EXACT Sciences company stock in the last year include D Scott Coward, Graham Peter Lidgard, Jeffrey Thomas Elliott, Katherine S Zanotti, Kevin T Conroy, Mark Stenhouse and Scott C Johnson. View Insider Buying and Selling for EXACT Sciences.
Which major investors are buying EXACT Sciences stock?
EXAS stock was purchased by a variety of institutional investors in the last quarter, including Jennison Associates LLC, First Trust Advisors LP, Nuveen Asset Management LLC, Sumitomo Mitsui Trust Holdings Inc., Vanguard Group Inc., Westfield Capital Management Co. LP, Renaissance Technologies LLC and Victory Capital Management Inc.. View Insider Buying and Selling 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 $103.97.
How big of a company is EXACT Sciences?
EXACT Sciences has a market capitalization of $13.46 billion and generates $454.46 million in revenue each year. The medical research company earns $-175,150,000.00 in net income (profit) each year or ($1.36) on an earnings per share basis. EXACT Sciences employs 1,977 workers across the globe.View Additional Information About EXACT Sciences.
What is EXACT Sciences' official website?
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 608-535-8815.
MarketBeat Community Rating for EXACT Sciences (NASDAQ EXAS)
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.
