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.
Several price targets were given for EXEL by the analysts covering the stock. The maximum price target given was 33, implying potential capital gains of 17.77 percent. The most pessimistic price target was 16, implying a possible loss of -42.9 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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. Over the past 30 days, FY earnings estimates have also changed downwards by -2.78 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 292.5 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.
EXEL has traded between a high of 28.45 and a low of 8.66 over the past year. The current market price is above the trailing year's low by 223.56 percent, and 1.51 percent lower than its 52-week high. EXEL has a price/earnings 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 market cap of EXEL is $8.02 billion. EXEL's next earnings release will be on 0000-00-00, which is days away.