![]() ![]() Click here to see the additional ratings for EXEL’s Growth, Stability, and Momentum. The stock has an A grade for Value and Quality and a B for Sentiment. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree. It has an overall B rating, which equates to Buy in our proprietary rating system. Over the past week, the stock has gained 2.3% to close the last trading session at $21.40.ĮXEL’s POWR Ratings reflect this promising outlook. In terms of forward Price/Sales, EXEL is trading at 4.33x, 9.3% lower than the 4.77x industry average. The stock’s 15.06x forward EV/EBIT is 13.7% lower than the 17.46x industry average. ![]() The company’s trailing-12-month EBITDA margin of 25.6% is 474.1% higher than the industry average of 4.5%. Its 96.5% trailing-12-month gross profit margin is 75.8% higher than the 54.9% industry average. ( AN ), which are currently trading at significant discounts to their peers, could be solid investments now. Also, the recession fears are expected to keep the market volatile. However, House Speaker Nancy Pelosi’s visit to Taiwan is raising tensions between the United States and China, which could pressure the market in the near term. The S&P 500 jumped 1.6%, while the Dow Jones Industrial Average and tech-heavy Nasdaq Composite gained 1.3% and 2.6%, respectively. The stock market responded positively to the favorable economic data. The sector’s activity, which accounts for 80% of GDP growth, expanded in July for the 26th month in a row. However, better-than-expected corporate earnings and an expansion of the services sector at an accelerated rate in July are expected to offset the impact of fears over a potential recession on the market. Economic contraction for two consecutive quarters due to high inflation and aggressive policy tightening make many analysts believe that a recession is unavoidable.
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