Exelixis Inc (NASDAQ:EXEL) shares traded 2.34% higher at $33.20 on Wall Street last session.
EXEL stock price is now 23.16% away from the 50-day moving average and 40.31% away from the 200-day moving average. The market capitalization of the company currently stands at $9.48B.
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With the price target enhanced from $30 to $34, RBC Capital Mkts maintained Outperform rating for Exelixis Inc (NASDAQ: EXEL). On September 19, 2024, UBS recently initiated its ‘Neutral’ rating on the stock quoting a target price of $30, while ‘Barclays’ rates the stock as ‘Equal Weight’
In other news, Hessekiel Jeffrey, EVP & General Counsel sold 25,000 shares of the company’s stock on Oct 28 ’24. The stock was sold for $709,750 at an average price of $28.39. Upon completion of the transaction, the EVP & General Counsel now directly owns 580,325 shares in the company, valued at $19.27 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 30 ’24, Officer DANA T AFTAB bought 1,162 shares of the business’s stock. A total of $36,487 was incurred on buying the stock at an average price of $31.40. A total of 2.58% of the company’s stock is owned by insiders.
During the past 12 months, Exelixis Inc has had a low of $19.20 and a high of $33.32. As of last week, the company has a debt-to-equity ratio of 0.09, a current ratio of 3.93, and a quick ratio of 3.88. According to the stock market information, the enterprise value for the company is $8486507520, which is based on a 21.16 price-to-earnings ratio, a 0.71 price-to-earnings-growth ratio, and a beta of 0.54. The fifty day moving average price for EXEL is $26.9568 and a two-hundred day moving average price translates $23.6617 for the stock.
The latest earnings results from Exelixis Inc (NASDAQ: EXEL) was released for 2024-09-30. The net profit margin was 22.43% and return on equity was 20.20% for EXEL. The company reported revenue of $539.54 million for the quarter, compared to $471.92 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 14.33 percent.
