A look at Exact Sciences Corp’s (EXAS) recent performance gives investors their first glimpse of hope.

Exact Sciences Corp (NASDAQ: EXAS) on Friday, plunged -3.14% from the previous trading day, before settling in for the closing price of $50.93. Within the past 52 weeks, EXAS’s price has moved between $40.62 and $79.62.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 43.88%. The company achieved an average annual earnings per share of -3.34%. With a float of $182.38 million, this company’s outstanding shares have now reached $185.08 million.

Considering the fact that the conglomerate employs 6600 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 72.1%, operating margin of -8.38%, and the pretax margin is -7.82%.

Exact Sciences Corp (EXAS) Insider Activity

Observing investor behavior towards Diagnostics & Research industry stocks is more important than anything else. The insider ownership of Exact Sciences Corp is 1.51%, while institutional ownership is 99.72%. The most recent insider transaction that took place on Nov 13 ’24, was worth 1,001,325. In this transaction President and CEO of this company bought 19,500 shares at a rate of $51.35, taking the stock ownership to the 1,074,191 shares. Before that another transaction happened on Oct 08 ’24, when Company’s EVP, GM, Precision Oncology sold 929 for $70.00, making the entire transaction worth $65,030. This insider now owns 12,758 shares in total.

Exact Sciences Corp (EXAS) Earnings and Forecasts

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.43 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.36) by -0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.25 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -3.34% per share during the next fiscal year.

Exact Sciences Corp (NASDAQ: EXAS) Trading Performance Indicators

Exact Sciences Corp (EXAS) is currently performing well based on its current performance indicators. A quick ratio of 1.93 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.28. Likewise, its price to free cash flow for the trailing twelve months is 89.84.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.17, a number that is poised to hit -0.33 in the next quarter and is forecasted to reach -0.26 in one year’s time.

Technical Analysis of Exact Sciences Corp (EXAS)

Compared to the last year’s volume of 2.65 million, its volume of 4.1 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 9.31%. Additionally, its Average True Range was 3.32.

During the past 100 days, Exact Sciences Corp’s (EXAS) raw stochastic average was set at 24.05%, which indicates a significant increase from 5.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 109.62% in the past 14 days, which was higher than the 69.55% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $65.83, while its 200-day Moving Average is $58.38. Nevertheless, the first resistance level for the watch stands at $50.62 in the near term. At $51.90, the stock is likely to face the second major resistance level. The third major resistance level sits at $52.85. If the price goes on to break the first support level at $48.38, it is likely to go to the next support level at $47.43. Should the price break the second support level, the third support level stands at $46.15.

Exact Sciences Corp (NASDAQ: EXAS) Key Stats

Market capitalization of the company is 8.84 billion based on 185,076K outstanding shares. Right now, sales total 2,500 M and income totals -204,150 K. The company made 708,660 K in profit during its latest quarter, and -38,240 K in sales during its previous quarter.