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.
EXEL was given price targets by several analysts. The maximum price target given was 33, implying a possible profit of 17.77 percent. The lowest price target was 16, which equates to a potential downside of -42.9 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -12.5 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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, which can be compared to the 1 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.
EXEL has a 52-week high of 28.45 and a 52-week low of 8.66. Currently the stock is 223.56 percent higher than its low, and 1.51 percent lower than its 52-week 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 will post this quarters earnings in days, on 0000-00-00.