Exelixis Inc (NASDAQ: EXEL) has reported E.P.S. of $0.41 for its third fiscal quarter (ending September 30) versus $0.00 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $1.59 compared to $0.29 a year ago — an increase of 448%.
Recent Price Action
On 10/29/24, Exelixis Inc (NASDAQ: EXEL) stock rose modestly by 0.8%, closing at $28.73. Moreover, unusually high trading volume at 154% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
EXEL’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Exelixis has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Exelixis has a neutral Appreciation Score of 41 but a good Power Rating of 72, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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