Exelixis, Inc. (EXEL) Stock: Is This Biotech Stock Worth Your Consideration?

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Exelixis, Inc. (EXEL) is trending down in the market in today’s trading session. The company, focused in the biotechnology sector, is presently priced at $17.03 after a move down of -5.02% so far in today’s session. As it relates to biotech companies, there are a number of aspects that have the ability to lead to declines in the market. News is one of the most common reasons for movement. Here are the most recent headlines associated with EXEL:

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Oct-01-19 11:45AM Seattle Genetics Up on Positive Data From Bladder Cancer Study
Sep-25-19 04:05PM Exelixis to Present at the 2019 Cantor Global Healthcare Conference on October 2, 2019
Sep-23-19 10:27AM Pfizer’s Bavencio Gets CHMP Recommendation for First-Line RCC
Sep-20-19 05:48PM 3 Pharmaceutical Companies to Consider as Lawmakers Continue to Fight for Lower Drug Prices
Sep-16-19 08:20AM Have Insiders Been Selling Exelixis, Inc. (NASDAQ:EXEL) Shares?

However, when making an investing decision, prospective investors should take a look at far more than news, especially in the generally speculative biotechnology sector. Here’s what’s going on with Exelixis, Inc..

How EXEL Has Been Trending

Although a move down on a single session, like the fall that we’re seeing from Exelixis, Inc. may make some investors upset, a single session decline alone should not be the basis of a decision to, or not to, buy a company’s stock. It is always a good idea to take a look at trends experienced by the stock for a period longer than a single trading session. In the case of EXEL, below are the movements that we have seen:

  • Past Seven Days – In the past 7 days, EXEL has seen a change in value in the amount of -5.33%.
  • Past Month – The ROI from Exelixis, Inc. over the last month comes to -12.73%.
  • Past Three Months – Throughout the last three months, the stock has produced a return that works out to -16.70%
  • Past 6 Months – In the last six months, we have seen a change of -30.70% from the stock.
  • Year To Date – Since the the last trading session of last year EXEL has produced a return of -13.40%.
  • Annually – Lastly, in the last full year, we’ve seen a change of -6.30% out of EXEL. Throughout this period of time, the stock has sold at a high of -32.69% and a low of 26.94%.

Key Ratios

Looking at various key ratios associated with a stock can provide prospective investors an understanding of just how risky and/or rewarding a stock pick may be. Below are some of the most important ratios to look at when digging into EXEL.

Short Ratio – The short ratio is a measure of short interest. As the ratio goes higher, it shows that more investors are expecting that the price of the stock is going to tumble. In general, biotech stocks can come with a higher short ratio. On the other hand, we also tend to see quite a few short squeezes in the industry. Nonetheless, with regard to Exelixis, Inc., the stock’s short ratio amounts to 6.01.

Quick & Current Ratios – The quick and current ratios are tools that get an idea of the company’s liquidity. Basically, they measure whether or not a company can pay its debts when they mature using quick assets or current assets. In the biotechnology sector, many companies are reliant on the continuation of support from investors, these ratios can be bad. However, some gems in the biotechnology sector come with strong current and quick ratios. As it relates to EXEL, the quick and current ratios come to 8.50 and 8.60 respectively.  

Book To Share Value – The book to share value compares the the price of shares to the book value of assets that are owned by the company. when it comes to Exelixis, Inc., that ratio comes in at 4.93.

Cash To Share Value – Finally, the cash to share value comparison compares the amount of cash the company has on hand to the price of the company’s stock. Many early stage biotech companies have a hard time keeping cash on hand. So, when investing in the biotechnology sector, this is an important ratio to think about. As it relates to EXEL, the cash to share value ratio is 2.66.

What Analysts Think About Exelixis, Inc.

While it’s rarely a good idea to unknowingly follow the thoughts of analysts, it is a smart idea to use their opinions when validating your own opinions before making an investment decision in the biotech industry. Here are the most recent moves that we have seen from analysts with regard to EXEL.

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Mar-18-19 Upgrade Morgan Stanley Underweight → Equal-Weight
Sep-17-18 Initiated Goldman Neutral $22
Sep-10-18 Initiated Morgan Stanley Underweight $19
May-11-18 Reiterated Needham Buy $33 → $30
Oct-17-17 Reiterated RBC Capital Mkts Outperform $33 → $39

Moves From Big Money Players

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in EXEL, here’s what we’re seeing:

  • Institutions – As it stands now, institutional investors hold 80.10% of EXEL. Nonetheless, it’s important to consider that the ownership held by institutions has changed in the amount of -0.55% throughout the last 3 months.
  • Insiders – As far as insiders go, those close to the situation currently own 1.40% of the company. Their ownership of the company has changed in the amount of -18.76% in the last quarter.

Interested In How Many Shares Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 308.55M shares of Exelixis, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, EXEL has a float of 292.81M.

I also find it important to look at the short percentage of the float. Think about it, if a high portion of the float is shorted, the overall opinion in the market is that the stock is going to lose value. When it comes to EXEL, the percentage of the float that is currently being sold short sits at 5.16%. Most traders believe that a high short percent of the float would be any percentage over 40%. Nonetheless, I’ve found that anything over 26% is generally a play that comes with hefty risk.

Earnings

What have ween seen from EXEL in terms of financial results?Here’s what you need to know:

  • Analyst Expectations – As it stands at the moment, analysts are expecting that Exelixis, Inc. will come up with earnings per diluted share that comes to 1.16, with 0.19 to be reported in the earnings report for the current quarter. Although this is not associated with earnings, because we’re talking on the topic of Wall St. analysts, the stock is currently rated a 2.00 when rated on a scale from 1 to 5 where 1 is the worst possible Wall St. analyst rating and 5 is the best possible rating.
  • 5-Year Sales – Over the past half decade, Exelixis, Inc. has generated a change in sales volume that adds up to 93.70%. Earnings per diluted share over the period have generated movement in the amount of 29.60%.
  • Quarter Over Quarter – when it comes to quarter over quarter data, or Q/Q data as it is often represented in the human world, EXEL has experienced a earnings change by -10.40%. The company has also experienced movement when it comes to sales volume that adds up to 29.10%.

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