Exelixis, Inc., a biotechnology company, engages in the discovery, development, and commercialization of new medicines to enhance care and outcomes for people with cancer. The company's products include CABOMETYX tablets for the treatment of patients with advanced renal cell carcinoma who received prior anti-angiogenic therapy; and COMETRIQ capsules for the treatment of patients with progressive and metastatic medullary thyroid cancer. Its CABOMETYX and COMETRIQ are derived from cabozantinib, an inhibitor of multiple tyrosine kinases, including MET, AXL, RET, and VEGF receptors. It also offers COTELLIC tablets, an inhibitor of MEK in combination with vemurafenib for the treatment of patients with BRAF V600E or V600K mutation-positive advanced melanoma in the United States; and in combination with vemurafenib in other territories, including the European Union, Switzerland, Canada, Australia, and Brazil. Exelixis, Inc. has collaboration and license agreement with Ipsen Pharma SAS, Genentech, Inc., GlaxoSmithKline, Bristol-Myers Squibb Company, Sanofi, Merck, Daiichi Sankyo Company Limited, and Invenra, Inc. The company was formerly known as Exelixis Pharmaceuticals, Inc. and changed its name to Exelixis, Inc. in February 2000. Exelixis, Inc. was founded in 1994 and is headquartered in South San Francisco, California.
Industry, Sector and Symbol
Industry Commercial physical research
Sub-IndustryBiotechnology
SectorMedical
SymbolNASDAQ:EXEL
CUSIP30161Q10
Phone650-837-7000
Debt
Debt-to-Equity RatioN/A
Current Ratio6.67
Quick Ratio6.58
Price-To-Earnings
Trailing P/E Ratio39.29
Forward P/E Ratio23.58
P/E GrowthN/A
Sales & Book Value
Annual Sales$452.48 million
Price / Sales13.15
Cash Flow$0.5384 per share
Price / Cash37.22
Book Value$0.96 per share
Price / Book20.88
Profitability
EPS (Most Recent Fiscal Year)$0.51
Net Income$154.22 million
Net Margins43.39%
Return on Equity77.39%
Return on Assets40.62%
Miscellaneous
Employees372
Outstanding Shares296,870,000
Exelixis (NASDAQ:EXEL) Frequently Asked Questions
What is Exelixis' stock symbol?
Exelixis trades on the NASDAQ under the ticker symbol "EXEL."
How were Exelixis' earnings last quarter?
Exelixis, Inc. (NASDAQ:EXEL) issued its quarterly earnings data on Wednesday, May, 2nd. The biotechnology company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.16 by $0.21. The biotechnology company earned $212.35 million during the quarter, compared to the consensus estimate of $146.39 million. Exelixis had a return on equity of 77.39% and a net margin of 43.39%. View Exelixis' Earnings History.
What price target have analysts set for EXEL?
12 brokerages have issued 1-year price objectives for Exelixis' stock. Their forecasts range from $28.00 to $40.00. On average, they anticipate Exelixis' share price to reach $33.5556 in the next year. View Analyst Ratings for Exelixis.
What are Wall Street analysts saying about Exelixis stock?
Here are some recent quotes from research analysts about Exelixis stock:
- 1. Cann analysts commented, "We had anticipated a PDUFA date for this sNDA filing in H2 2018; as a result of the January 2019 PDUFA date we are slightly adjusting sales and EPS for 2018. Based on the timing of the PDUFA date, we are slightly delaying our estimated launch for Cabometyx in HCC. As a result we are decreasing our estimated 2018 revenue estimate by 3.5%, to $649.0 million from $672.8 million. We are reducing our estimated EPS in 2018 by 9.6%, to $0.67 from our prior estimate of $0.74. Our outlook for 2019 – 2022 revenue is unchanged." (5/30/2018)
- 2. According to Zacks Investment Research, "Exelixis’ first-quarter results were impressive wherein both earnings and sales beat estimates by a wide margin. Demand for Cabometyx grew by approximately 30% sequentially driven by increases in new patient starts and refills for patients already on therapy. We expect sales to get a further boost in 2018 as the drug is now approved for first-line RCC which will increases the eligible patient population for Caobometyx in the United States by approximately 14,000 patients and grab market share from two key drugs — Sutent and Votrient in the first-line RCC market. A potential label expansion for advanced HCC will further boost the growth prospects of the company. However, competition has further stiffened up with the recent approval of Opdivo and Yervoy for the treatment of poor and intermediate risk first-line RCC. A label expansion of Cotellic will also boost the sales. Shares have outperformed the industry in the last twelve months." (5/15/2018)
Who are some of Exelixis' key competitors?
Some companies that are related to Exelixis include Iqvia (IQV), Incyte (INCY), EXACT Sciences (EXAS), Icon (ICLR), PRA Health Sciences (PRAH), 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 Exelixis' key executives?
Exelixis' management team includes the folowing people:
- Dr. Stelios Papadopoulos, Co-Founder & Chairman (Age 70)
- Dr. Michael M. Morrissey, CEO, Pres & Director (Age 57)
- Mr. Christopher J. Senner, Exec. VP & CFO (Age 50)
- Dr. Peter Lamb, Exec. VP of Scientific Strategy & Chief Scientific Officer (Age 57)
- Mr. Jeffrey J. Hessekiel, Exec. VP, Gen. Counsel & Sec. (Age 49)
Has Exelixis been receiving favorable news coverage?
News stories about EXEL stock have been trending somewhat positive this week, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Exelixis earned a coverage optimism score of 0.05 on Accern's scale. They also gave media stories about the biotechnology company an impact score of 46.66 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Exelixis' major shareholders?
Exelixis' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.49%), JPMorgan Chase & Co. (1.70%), Wells Fargo & Company MN (1.29%), Old Mutual Global Investors UK Ltd. (1.20%), Franklin Resources Inc. (0.72%) and OppenheimerFunds Inc. (0.50%). Company insiders that own Exelixis stock include Alan M Garber, Carl B Feldbaum, Charles Cohen, Christopher J Senner, George A Scangos, George Poste, Gisela Schwab, Jack L Wyszomierski, Jeffrey Hessekiel, Lance Willsey, Michael Morrissey, Patrick J Haley, Peter Lamb, Stelios Papadopoulos and Vincent T Marchesi. View Institutional Ownership Trends for Exelixis.
Which major investors are selling Exelixis stock?
EXEL stock was sold by a variety of institutional investors in the last quarter, including Blair William & Co. IL, American Century Companies Inc., Natixis, Franklin Resources Inc., KBC Group NV, Point72 Asset Management L.P., Seven Eight Capital LP and Chicago Equity Partners LLC. Company insiders that have sold Exelixis company stock in the last year include Alan M Garber, Carl B Feldbaum, Charles Cohen, Christopher J Senner, George Poste, Gisela Schwab, Jeffrey Hessekiel, Lance Willsey, Michael Morrissey, Patrick J Haley, Stelios Papadopoulos and Vincent T Marchesi. View Insider Buying and Selling for Exelixis.
Which major investors are buying Exelixis stock?
EXEL stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Old Mutual Global Investors UK Ltd., Wells Fargo & Company MN, Neuberger Berman Group LLC, EULAV Asset Management, Chicago Capital LLC, Carillon Tower Advisers Inc. and UBS Group AG. View Insider Buying and Selling for Exelixis.
How do I buy shares of Exelixis?
Shares of EXEL 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 Exelixis' stock price today?
One share of EXEL stock can currently be purchased for approximately $20.04.
How big of a company is Exelixis?
Exelixis has a market capitalization of $6.04 billion and generates $452.48 million in revenue each year. The biotechnology company earns $154.22 million in net income (profit) each year or $0.51 on an earnings per share basis. Exelixis employs 372 workers across the globe.
How can I contact Exelixis?
Exelixis' mailing address is 210 EAST GRAND AVE., SOUTH SAN FRANCISCO CA, 94080. The biotechnology company can be reached via phone at 650-837-7000 or via email at [email protected]
MarketBeat Community Rating for Exelixis (EXEL)
MarketBeat's community ratings are surveys of what our community members think about Exelixis and other stocks. Vote "Outperform" if you believe EXEL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EXEL will underperform the S&P 500 over the long term. You may vote once every thirty days.
