Economy

Earnings Clues on Kohl's Corporation (KSS), Exact Sciences Corporation (EXAS) Analyst's Predictions

(NASDAQ:EXAS) will report earnings of ($0.36) per share for the current quarter, according to Zacks Investment Research. Bankshares Of America Corporation De owns 0% invested in Exact Sciences Corporation (NASDAQ:EXAS) for 441,217 shares. Moreover, Sectoral Asset Mgmt Incorporated has 0.71% invested in Exact Sciences Corporation (NASDAQ:EXAS) for 117,550 shares. The company is scheduled to report its next earnings results on Thursday, April 26th. However, at the Wall Street, the shares for the company has been tagged a $57.36 price target, indicating that the shares will rally 9.99% from its current levels. However the low revenue estimates for the company are $84.6 Million versus high revenue estimates of $93.92 Million.

EXACT Sciences (NASDAQ:EXAS) has been given a $67.00 price objective by equities research analysts at Leerink Swann in a research note issued on Friday, February 23rd. Exact Sciences Corporation (NASDAQ:EXAS) has risen 458.24% since March 12, 2017 and is uptrending. The medical research company reported ($0.18) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.27) by $0.09. The business had revenue of $87.41 million for the quarter, compared to analyst estimates of $87.42 million. EXACT Sciences had a negative return on equity of 24.13% and a negative net margin of 43.01%. EXACT Sciences's revenue was up 148.0% compared to the same quarter past year. For the past 5 years, the company's revenue has grown 129.9%, while the company's earnings per share has grown -18.6%.

A number of key analysts, polled by FactSet, shared their views about the current stock momentum. BidaskClub upgraded EXACT Sciences from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, February 7th. Robert W. Baird raised their price objective on shares of EXACT Sciences from $49.00 to $56.00 and gave the company an "outperform" rating in a research report on Tuesday, October 31st. EXACT Sciences had 69 analyst reports since July 24, 2015 according to SRatingsIntel. Finally, William Blair reaffirmed a "buy" rating on shares of EXACT Sciences in a report on Tuesday, January 2nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and ten have assigned a buy rating to the stock. EXACT Sciences presently has a consensus rating of Buy and an average price target of $52.84.

Exact Sciences Corporation (EXAS) surged 2.5% yesterday to close its trading session at $52.15. The stock increased 1.27% or $0.03 during the last trading session, reaching $2.39. Antipodean Advisors Llc who had been investing in Exact Sciences Corp for a number of months, seems to be bullish on the $6.31B market cap company. The stock has a market capitalization of $6.26 Billion however its outstanding shares are 120 Million. The company beat the analyst EPS Estimate with the difference of $0.09. Elliott Jeffrey Thomas sold $126,252 worth of Exact Sciences Corporation (NASDAQ:EXAS) on Friday, February 23. The stock was sold at an average price of $43.10, for a total transaction of $1,719,000.40. The transaction was disclosed in a document filed with the SEC, which is available at this link. ARORA MANEESH sold $243,068 worth of stock. The stock was sold at an average price of $42.34, for a total value of $522,983.68. Following the transaction, the chief operating officer now owns 644,621 shares in the company, valued at approximately $27,293,253.14. The disclosure for this sale can be found here. Over the last quarter, insiders sold 547,463 shares of company stock worth $27,045,199. Sit Investment Associates Inc. increased its holdings in shares of EXACT Sciences by 168.2% in the third quarter. Riverhead Capital Management Ltd Com holds 33,800 shares. Following the sale, the senior vice president now directly owns 37,558 shares in the company, valued at $1,973,297.32. Hodges Capital Management Inc. acquired a new stake in EXACT Sciences in the third quarter valued at $18,771,000. Biondo Investment Advisors Llc bought 9,100 shares as the company's stock rose 53.09% with the market. Finally, MetLife Investment Advisors LLC purchased a new position in shares of EXACT Sciences during the fourth quarter valued at approximately $2,855,000. Institutional investors and hedge funds own 81.10% of the company's stock.

WARNING: This piece of content was reported by BBNS and is owned by of BBNS. If you are viewing this news story on another publication, it was illegally stolen and republished in violation of US & global copyright law. The correct version of this story can be read at https://www.thelincolnianonline.com/2018/03/11/credit-agricole-s-a-has-1-05-million-stake-in-exact-sciences-co-exas.html. Despite the availability of colorectal cancer screening and diagnostic tests for more than twenty years, the rate of early detection of colorectal cancer remains low, and deaths from colorectal cancer remain high. It offers a non-invasive screening test called Cologuard for the early detection of colorectal cancer and pre-cancer.



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