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
SymbolNASDAQ:EXAS
CUSIP30063P10
Phone608-284-5700
Debt
Debt-to-Equity Ratio0.71
Current Ratio15.30
Quick Ratio14.86
Price-To-Earnings
Trailing P/E Ratio-67.00
Forward P/E Ratio-56.21
P/E GrowthN/A
Sales & Book Value
Annual Sales$265.99 million
Price / Sales30.40
Cash FlowN/A
Price / CashN/A
Book Value$4.35 per share
Price / Book15.25
Profitability
EPS (Most Recent Fiscal Year)($0.99)
Net Income$-114,390,000.00
Net Margins-38.61%
Return on Equity-20.92%
Return on Assets-15.73%
Miscellaneous
Employees1,268
Outstanding Shares121,900,000
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) issued its quarterly earnings results on Thursday, April, 26th. The medical research company reported ($0.33) earnings per share for the quarter, beating the consensus estimate of ($0.38) by $0.05. The medical research company earned $90.30 million during the quarter, compared to analysts' expectations of $86.31 million. EXACT Sciences had a negative return on equity of 20.92% and a negative net margin of 38.61%. The business's quarterly revenue was up 86.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.32) earnings per share. View EXACT Sciences' Earnings History.
When is EXACT Sciences' next earnings date?
What price target have analysts set for EXAS?
13 analysts have issued 1-year price objectives for EXACT Sciences' shares. Their forecasts range from $41.00 to $85.00. On average, they anticipate EXACT Sciences' stock price to reach $62.8333 in the next year. 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. BTIG Research analysts commented, "5 th , data on Exact Sciences’ second case control study for its liver biomarker is scheduled to be presented at the Digestive Disease Week (DDW) conference. Recall that the biomarkers are being co-developed with the Mayo Clinic. The abstract is available on DDW’s website and preliminary details show encouraging 95% sensitivity across all stages (93% specificity in healthy controls, 86% specificity in cirrhotic controls). A liver screening test is one of a number of platforms in EXAS’ cancer pipeline and given the improving traction here, may be the second real shot on the goal, though years away. While we don’t view this as a material stock-moving event, pipeline advancement is supportive of our positive thesis on the name. We reiterate our Buy rating and $70 PT." (6/5/2018)
- 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. " (6/4/2018)
Are investors shorting EXACT Sciences?
EXACT Sciences saw a decrease in short interest during the month of May. As of May 31st, there was short interest totalling 14,066,900 shares, a decrease of 8.9% from the May 15th total of 15,439,973 shares. Based on an average daily trading volume, of 1,933,552 shares, the days-to-cover ratio is currently 7.3 days. Currently, 11.8% of the company's stock are sold short. View EXACT Sciences' Current Options Chain.
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), Exelixis (EXEL), Charles River Laboratories Intl. (CRL), Syneos Health (SYNH), BTG (BTGGF), Intrexon (XON), Medpace (MEDP), National Research (NRCIB), National Research (NRCIA), Sorrento Therapeutics (SRNE), Eloxx Pharmaceuticals (ELOX) and Pieris Pharmaceuticals (PIRS).
Who are EXACT Sciences' key executives?
EXACT Sciences' management team includes the folowing people:
- Mr. Kevin T. Conroy, Chairman, Pres & CEO (Age 52)
- Mr. Jeffrey T. Elliott CFA, CFO & Chief Accounting Officer (Age 40)
- Mr. Maneesh K. Arora, Sr. VP, COO & Director (Age 49)
- Dr. Graham P. Lidgard Ph.D., Chief Science Officer and Sr. VP of R&D (Age 69)
- Mr. D. Scott Coward, Chief Legal Officer, Sr. VP, Gen. Counsel and Sec. (Age 53)
Has EXACT Sciences been receiving favorable news coverage?
News coverage about EXAS stock has been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. EXACT Sciences earned a daily sentiment score of 0.16 on Accern's scale. They also assigned media coverage about the medical research company an impact score of 46.07 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are EXACT Sciences' major shareholders?
EXACT Sciences' stock is owned by many different of institutional and retail investors. Top institutional shareholders include OppenheimerFunds Inc. (4.78%), Zevenbergen Capital Investments LLC (1.67%), Eagle Asset Management Inc. (1.46%), Victory Capital Management Inc. (1.40%), Artisan Partners Limited Partnership (1.23%) and Northern Trust Corp (1.21%). Company insiders that own EXACT Sciences stock include D Scott Coward, David Thompson, Graham Peter Lidgard, Jeffrey Thomas Elliott, Katherine S Zanotti, Kevin T Conroy, Lionel Sterling, Maneesh Arora, Michael S Wyzga 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 Antipodean Advisors LLC, Lord Abbett & CO. LLC, Wasatch Advisors Inc., Rock Springs Capital Management LP, Hodges Capital Management Inc., Prudential Financial Inc., Eagle Asset Management Inc. and California Public Employees Retirement System. 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, Maneesh Arora, Michael S Wyzga and Thomas D Carey. View Insider Buying and Selling for EXACT Sciences.
Which major investors are buying EXACT Sciences stock?
EXAS stock was acquired by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Artisan Partners Limited Partnership, Victory Capital Management Inc., Atlantic Trust Group LLC, Elk Creek Partners LLC, Zweig DiMenna Associates LLC, Frontier Capital Management Co. LLC and Intrinsic Edge Capital Management LLC. Company insiders that have bought EXACT Sciences stock in the last two years include David Thompson, Katherine S Zanotti, Lionel Sterling and Thomas D Carey. 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, Scottrade, Fidelity and Charles Schwab.
What is EXACT Sciences' stock price today?
One share of EXAS stock can currently be purchased for approximately $66.33.
How big of a company is EXACT Sciences?
EXACT Sciences has a market capitalization of $8.39 billion and generates $265.99 million in revenue each year. The medical research company earns $-114,390,000.00 in net income (profit) each year or ($0.99) on an earnings per share basis. EXACT Sciences employs 1,268 workers across the globe.
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.
MarketBeat Community Rating for EXACT Sciences (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.
