Leerink Swann Reaffirms Outperform Rating for Exact Sciences Corporation (EXAS)

Lloyd Doyle
September 30, 2017

About 459,308 shares traded.

What Historical Figures Say About Exact Sciences Corporation (NASDAQ:EXAS)? It has outperformed by 441.54% the S&P500. Therefore 11% are positive. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. The company was downgraded on Wednesday, July 6 by Credit Suisse. The firm earned "Buy" rating on Wednesday, May 31 by Benchmark. Beta, which measures a stock's price volatility relative to the market, provides the cleanest measure of systematic risk for a stock. The rating was maintained by Morgan Stanley with "Equal-Weight" on Friday, September 22. As per Wednesday, October 7, the company rating was maintained by Mizuho. Barclays Capital maintained it with "Equal-Weight" rating and $106 target in Monday, September 21 report. The company was maintained on Monday, August 15 by Goldman Sachs. The stock has "Market Perform" rating by Raymond James on Wednesday, September 20. The stock rose 1.51% or $0.25 reaching $16.86 per share. BERG CHARLES sold $553,607 worth of stock. It also upped Enpro Industries Inc. Voloridge Investment Mngmt Ltd Liability Corporation owns 400,466 shares or 0.35% of their USA portfolio. Powershares Qqq Trust (QQQ) was raised too.

Investors sentiment increased to 1.27 in 2017 Q2. Its up 0.28, from 0.99 in 2017Q1. It improved, as 26 investors sold EXAS shares while 74 reduced holdings.

Stocks of Exact Sciences Corporation (NASDAQ:EXAS) started trading at 46.41 on early Friday. Employees Retirement Association Of Colorado has 23,583 shares for 0.01% of their portfolio. Deutsche Retail Bank Ag has 598,219 shares. Utd Service Automobile Association stated it has 242,200 shares. OppenheimerFunds Inc. lifted its position in shares of Exact Sciences Corporation by 66.8% in the first quarter. Stifel accumulated 0% or 25,023 shares. Next Fincl Group Inc owns 75 shares for 0% of their portfolio. Deutsche Bank maintained Accenture Plc (NYSE:ACN) rating on Monday, March 27. Antipodean Advsrs Lc holds 476,346 shares or 9.48% of its portfolio. Fin Architects Inc reported 4,295 shares. Krilogy Financial LLC grew its position in shares of Exact Sciences Corporation by 1,460.0% during the second quarter. Point72 Asset Management upgraded its holdings in Exact Sciences Corporation by 1,534.3% during the Q1. Leerink Swann maintained EXACT Sciences Corporation (NASDAQ:EXAS) rating on Thursday, September 21. On average, analysts forecast that EXACT Sciences Co. will post ($1.47) EPS for the current fiscal year. The company's quarterly EPS surprised Wall Street by as much as -23% to the downside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates.

Exact Sciences Corporation most recently reported earnings per share (EPS) of -$0.27 for the June 2017 versus -$0.46 in the same quarter a year ago, representing -41% growth. Vetr downgraded shares of Exact Sciences Corporation from a "hold" rating to a "sell" rating and set a $34.70 price objective for the company.in a report on Wednesday, July 12th. Therefore 60% are positive. DaVita had 18 analyst reports since August 6, 2015 according to SRatingsIntel. BidaskClub raised shares of Exact Sciences Corporation from a "buy" rating to a "strong-buy" rating in a report on Friday, August 25th. The stock now has a consensus rating of "Buy" and a consensus target price of $42.11. Leerink Swann has "Buy" rating and $45.0 target. Wedbush maintained it with "Neutral" rating and $7.0 target in Thursday, October 8 report. The rating was maintained by Canaccord Genuity on Thursday, July 20 with "Buy".

About 1.03M shares traded. It is down 4.81% since September 29, 2016 and is uptrending. It has outperformed by 47.91% the S&P500.

Investors sentiment increased to 1.08 in Q2 2017.

In recent trading day Cogent Communications Holdings, Inc. 60 funds opened positions while 137 raised stakes. Its up 1.24% from 18.14 million shares previously. Axa, a France-based fund reported 61,100 shares. Amer Insur Tx holds 165,120 shares or 0.32% of its portfolio. Over the past full-year, shares have performed 24.41%. Arrowstreet Partnership reported 135,000 shares. Research firm Zacks lifted stocks of Exact Sciences Corporation from a "hold" recommendation to a "buy" recommendation and fixed a $51.00 price objective on the company shares in a note on Tue. State Board Of Administration Of Florida Retirement stated it has 71,970 shares or 0.01% of all its holdings. Susquehanna International Grp Llp holds 199,426 shares. Atika Mgmt Limited Co accumulated 90,946 shares. The company has market cap of $4.00 billion. The Firm transports people and cargo through its mainline operations. The firm has 15.77% of total shares float short, yielding a short ratio of 10.82. It has global air rights in North America, Asia-Pacific, Europe, Middle East, Africa and Latin America.

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