Exact Sciences Corporation (NASDAQ:EXAS): Honing in on Growth Projections

Alfred Osborne
January 13, 2018

1,699,484 shares of the company's stock were exchanged, compared to its average volume of 1,930,000. The hedge fund run by Eric Chen held 577,346 shares of the commercial physical & biological resarch company at the end of 2017Q3, valued at $27.21 million, up from 476,346 at the end of the previous reported quarter. Green Valley Investors Llc bought 374,666 shares as the company's stock rose 53.09% with the market. The stock increased 0.15% or $0.01 during the last trading session, reaching $6.86. Oppenheimer Asset Management Inc. now owns 3,177 shares of the medical research company's stock worth $150,000 after buying an additional 3,072 shares during the last quarter. At the time of writing, Exact Sciences Cor (EXAS) has a 14-day ATR of 2.68. Insiders own 4.00% of the company's stock. It also reduced its holding in Danaher Corp (NYSE:DHR) by 115,574 shares in the quarter, leaving it with 1.12 million shares, and cut its stake in Lkq Corp (NASDAQ:LKQ). The company has a market capitalization of $6,590.00, a PE ratio of -47.88 and a beta of 0.68. Federated Investors Inc. PA now owns 34,553 shares of the medical research company's stock worth $1,222,000 after purchasing an additional 12,018 shares in the last quarter. The share price has moved forward from its 20 days moving average, trading at a distance of 1.74% and stays 3.44% away from its 50 days moving average. It has outperformed by 441.54% the S&P500.

Investors sentiment decreased to 1.01 in 2017 Q3. Its up 0.03, from 1.27 in 2017Q2. It worsened, as 39 investors sold EXAS shares while 81 reduced holdings. 44 funds opened positions while 77 raised stakes. 878.69 million shares or 1.02% less from 887.72 million shares in 2017Q2 were reported. Tower Rech Cap (Trc) holds 0.03% or 7,196 shares in its portfolio. Omers Administration Corporation holds 118,300 shares or 0.05% of its portfolio. Kornitzer Capital Mngmt Ks stated it has 284,340 shares. Lowe Brockenbrough & holds 101,660 shares or 0.6% of its portfolio. (NASDAQ:TSLA). Invesco Ltd has 0.17% invested in Tesla, Inc. National Planning Corp has invested 0.07% in Prospect Capital Corporation (NASDAQ:PSEC). State Of Alaska Department Of Revenue holds 0.05% or 28,180 shares. Prudential holds 15,500 shares or 0% of its portfolio. Connecticut-based Cubist Systematic Strategies Limited Liability has invested 0.06% in Tesla, Inc.

Financial Counselors Inc increased its stake in Tesla Motors Inc (TSLA) by 237.27% based on its latest 2017Q3 regulatory filing with the SEC.

Analysts await eBay Inc. Creative Planning reported 0% in Prospect Capital Corporation (NASDAQ:PSEC). During the same period a year ago, the firm earned ($0.36) EPS.

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When it comes to reporting sales figures, public companies typically post earnings and revenue that fall above or below the average Wall Street forecast. The analyst recommendations from a month ago are 4 Buy, 0 Overweight, 1 Sell, 1 Hold and 0 Underweight. Vetr downgraded it to "Strong-Buy" rating and $266.59 target in Monday, August 17 report. BMO Capital Markets maintained it with "Market Perform" rating and $40 target in Wednesday, October 18 report. Deutsche Bank maintained Tesla, Inc. The stock of eBay Inc. (NASDAQ:TSLA) rating on Friday, August 14. The firm has "Buy" rating given on Friday, September 29 by Robert W. Baird. It also increased its holding in Northern Tr (NASDAQ:NTRS) by 7,918 shares in the quarter, for a total of 61,270 shares, and has risen its stake in Hilton Worldwide Hldgs. The shares were sold at an average price of $53.60, for a total transaction of $2,453,540.00. Shares for $87,474 were sold by COWARD D SCOTT on Tuesday, January 2. Zacks Investment Research upgraded Exact Sciences Corporation from a "hold" rating to a "buy" rating and set a $20.00 price objective on the stock in a report on Tuesday, January 24th. Therefore 56% are positive. Currently, the 200-day MA for Exact Sciences Cor (EXAS) is sitting at 41.74. The stock has "Hold" rating by Benchmark on Wednesday, October 26.

EXACT Sciences (NASDAQ:EXAS) last posted its quarterly earnings data on Monday, October 30th. Evercore has "Buy" rating and $310 target. The stock has "Outperform" rating by Leerink Swann on Thursday, September 21. The stock has "Equal-Weight" rating by Morgan Stanley on Monday, May 15. Goldman Sachs maintained it with "Neutral" rating and $11 target in Tuesday, October 6 report. On Wednesday, May 31 the stock rating was maintained by Roth Capital with "Buy". The rating was maintained by Canaccord Genuity on Thursday, September 7 with "Buy".

For this year, Exact Sciences Corporation (NASDAQ:EXAS) is performing 4.8%. Jefferies maintained it with "Buy" rating and $13 target in Thursday, February 25 report. Amer Rech & Company holds 0.02% of its portfolio in Exact Sciences Corporation (NASDAQ:EXAS) for 1,300 shares.

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