Credit Agricole SA Trims Position in EXACT Sciences Co. (NASDAQ:EXAS)

Share

Exact Sciences Corporation on 12/30/2017 reported its EPS as $-0.32 with the analysts projecting the EPS of the stock as $-0.41.

Analysts await Lam Research Corporation (NASDAQ:LRCX) to report earnings on April, 17.

According to Zacks, analysts expect that EXACT Sciences will report full year earnings of ($0.84) per share for the current year, with EPS estimates ranging from ($1.02) to ($0.54). However the low revenue estimates for the company are $84.6 Million versus high revenue estimates of $93.92 Million.

EXACT Sciences (NASDAQ:EXAS) last issued its quarterly earnings data on Thursday, February 22nd. The medical research company reported ($0.18) earnings per share for the quarter, topping the consensus estimate of ($0.27) by $0.09.

The Company now has ROA (Return on Assets) of 4.5 percent, Return on Equity (ROE) of 9.8 Percent and Return on Investment (ROI) of 1% with Gross margin of 53 percent and Operating & Profit margin of -9.8% and 32.3% respectively. The company's past year sales total was 48360. During the same period previous year, the firm posted ($0.34) earnings per share. BidaskClub upgraded EXACT Sciences from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, February 7th. Benchmark set a $65.00 price target on shares of EXACT Sciences and gave the company a "buy" rating in a report on Wednesday, January 17th.

Among 25 analysts covering Lam Research Corporation (NASDAQ:LRCX), 24 have Buy rating, 0 Sell and 1 Hold. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the company. EXACT Sciences presently has a consensus rating of "Buy" and an average target price of $52.84.

Exact Sciences Corporation (EXAS) added 2.5% to reach $52.15 in the previous trading session. Its share price has decline -2.94% in three months and is up 14.82% for the last five trades. EXACT Sciences has a 12-month low of $19.91 and a 12-month high of $63.60. The firm has a market capitalization of $6,307.13, a price-to-earnings ratio of -52.15 and a beta of 0.71. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.77 and a current ratio of 7.15.

In related news, insider Graham Peter Lidgard sold 39,884 shares of the firm's stock in a transaction dated Wednesday, February 28th. About 4.05 million shares traded or 42.18% up from the average. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. On Friday, February 23 COWARD D SCOTT sold $187,134 worth of Exact Sciences Corporation (NASDAQ:EXAS) or 4,420 shares. The stock was sold at an average price of $42.34, for a total transaction of $522,983.68. Following the sale, the insider now owns 955,454 shares in the company, valued at approximately $50,438,416.66. The disclosure for this sale can be found here.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Zweig holds 1.82% in Exact Sciences Corporation (NASDAQ:EXAS) or 430,841 shares. Riverhead Capital Management Ltd Com holds 33,800 shares. Dimensional Fund Advisors LP acquired a new stake in EXACT Sciences in the 2nd quarter worth approximately $3,939,000. Following the sale, the senior vice president now directly owns 37,558 shares in the company, valued at $1,973,297.32. It also increased its holding in Lendingtree Inc New Com (NASDAQ:TREE) by 16,047 shares in the quarter, for a total of 16,089 shares, and has risen its stake in Control4 Corp Com (NASDAQ:CTRL). Victory Capital Management Inc. now owns 1,189,560 shares of the medical research company's stock worth $62,499,000 after purchasing an additional 539,160 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its stake in shares of EXACT Sciences by 95.8% in the 3rd quarter. Investors who are keeping close eye on the stock of Kohl's Corporation (NYSE:KSS) established that the company was able to keep return on investment at 6.79 in the trailing twelve month while Reuters data showed that industry's average stands at 12.86 and sector's optimum level is -36.39. Finally, Emerald Advisers Inc. Green Valley Investors LLC owned 0.77% of EXACT Sciences worth $48,531,000 at the end of the most recent quarter. Institutional investors own 81.10% of the company's stock.

WARNING: This piece of content was reported by BBNS and is owned by of BBNS.

COPYRIGHT VIOLATION NOTICE: "EXACT Sciences (NASDAQ:EXAS) PT Set at $67.00 by Leerink Swann" was originally reported by Enterprise Leader and is the property of of Enterprise Leader. EXACT Sciences had 69 analyst reports since July 24, 2015 according to SRatingsIntel.

EXACT Sciences Corporation uses applied genomics to develop effective, patient-friendly screening technologies for use in the detection of cancer. Its Cologuard test is a stool-based deoxyribonucleic acid (sDNA) screening test, which utilizes a multi-target approach to detect deoxyribonucleic acid (DNA) and hemoglobin biomarkers associated with colorectal cancer and pre-cancer.

Share

Advertisement

Related Posts

Millennial railcard chaos as site crashes and only 10000 available
This new card will costs £30 per year and will only be available digitally, meant to be used on smartphones. The card is aimed at leisure travel, and will not be applicable to season tickets.

Trump to Replace Tillerson with Pompeo as Secretary of State
Check back for updates on this breaking story and read Wednesday's Arkansas Democrat-Gazette for full details. The President has not yet given any explanation for the change.

Final Fantasy 7 Remake Job Listing Seeking Person to Boost Quality
It seems like the developers, Square Enix, are examining programs that implement general functions and contents for the game. Final Fantasy 7 Remake is a complete reconstruction of the original game being developed by Square Enix.

Matt Damon & Ben Affleck's Pearl Street Company To Adopt Inclusion Rider
Matt Damon and Ben Affleck are adopting inclusion riders for all future projects at their production company Pearl Street Films. Last week (end11Mar18), Michael B.

Skiers grab Canada's first gold, bronze medals at Pyeongchang Winter Paralympics
Among them are 30 neutral competitors from Russian Federation , which remains suspended by the IPC over a mass doping scandal. South Korean diplomats visited North Korea earlier in the week, before heading to Washington D.C.to debrief the White House.

One in five deaths is linked to lead pollution, scientists reveal
Canadian scientists studied over 14-thousand older adults exposed to lead-based paints or other products before they were banned. People with high blood levels had a 70 percent greater risk of dying from cardiovascular disease than those with lower levels.

UK Outlook Gets Small Boost But Remains Stuck in Low Gear
He can choose to act and end the misery faced by many, or he can do nothing and continue to favour a privileged few. Shadow Chancellor John McDonnell responded to the statement by saying Hammond's "complacency is astounding".

Coincheck to start repaying customers after digital money heist
Coincheck chief operating officer Yusuke Otsuka said last week that the company's system was breached after several staff members opened emails containing malware.

Ken Dodd, British Comedy Legend, Dies Aged 90
Publicist Robert Holmes said Dodd died Sunday at his Liverpool home - the same house where he was born in 1927. Comedian Gary Delaney made reference to Sir Ken's long stand-up shows as he paid tribute on Twitter .

Unions block Eskom signing renewable energy deals
We are confident that the court will recognize that our rights have been violated and will look favorably on our application. The combination of all these factors will have dire consequences for the working class and the poor .

© 2015 ExpressNewsline. All Rights reserved.