Analyst Ratings for Exelixis Inc. (EXEL)Updated: 2017-07-27
Shares of Exelixis Inc. (NASDAQ:EXEL) have received a consensus rating of Overweight from Wall Street analysts. Last month, EXEL received an average rating of Overweight.
10 analysts issued ratings on the stock, where 7 gave EXEL a buy rating, 0 issued an overweight rating, 2 gave a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 1.
Investment analysts gave a few price targets for EXEL. The highest price target was 33, implying a possible profit of 17.77 percent. The minimum price target given was 16, implying a possible loss of -42.9 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -12.5 percent. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised downwards by -2.78 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 292.5 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.
EXEL has traded between a high of 28.45 and a low of 8.66 over the past year. Today's price is 223.56 percent above the 52-week low, and 1.51 percent below the high. EXEL has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The EXEL value stock report compares EXEL to some of its peers using value stock charts. The stock has a market capitalization of $8.02 billion. EXEL's next earnings release will be on 0000-00-00, which is days away.