EXAS Stock Summary and Trading Ideas (Exact Sciences | NASDAQ:EXAS)

Exact Sciences Corporation, headquartered in Madison, Wisconsin, provides cancer screening and diagnostic test products in the United States and internationally. Exact's Cologuard screening test, a noninvasive stool-based DNA test, is a pre-cancer screening test for colorectal cancer. The company also competes in the precision oncology market with Oncotype DX, a suite of tissue-based genomic tests for estimating recurrence risk and likelihood of benefit from chemotherapy for breast and colon cancer, and OncoExTra, a liquid-based comprehensive genomic profiling test. It is developing liquid biopsy tests for molecular residual disease, colorectal cancer screening, and multicancer screening, too.

Exact Sciences trades on the NASDAQ stock market under the symbol EXAS.

As of April 18, 2024, EXAS stock price climbed to $63.48 with 1,446,054 million shares trading.

EXAS has a beta of 1.71, meaning it tends to be more sensitive to market movements. EXAS has a correlation of 0.19 to the broad based SPY ETF.

EXAS has a market cap of $11.52 billion. This is considered a Large Cap stock.

Last quarter Exact Sciences reported $647 million in Revenue and -$.27 earnings per share. This beat revenue expectation by $10 million and exceeded earnings estimates by $.19.

In the last 3 years, EXAS stock traded as high as $140.18 and as low as $29.27.

The top ETF exchange traded funds that EXAS belongs to (by Net Assets): VTI, VB, VXF, VBK, ARKK.

EXAS has underperformed the market in the last year with a price return of -4.0% while the SPY ETF gained +22.3%. EXAS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.9% and -12.8%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

EXAS support price is $60.97 and resistance is $65.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EXAS stock will trade within this expected range on the day.