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-0.000700560448358619 -0.000400320256204884 -0.000800640512409911 -0.00400320256204955 -0.0148118494795837 -0.012013610888711 -0.0100080064051241 -0.0160128102481985
Stock impact report

How Does Exelixis's (NASDAQ:EXEL) P/E Compare To Its Industry, After Its Big Share Price Gain? [Yahoo! Finance News]

Exelixis, Inc. (EXEL) 
Last exelixis, inc. earnings: 2/25 04:05 pm Check Earnings Report
ExelixisNASDAQ:EXELAll else being equal, a sharp share price increase should make a stock less attractive to potential investors. While the market sentiment towards a stock is very changeable, in the long run, the share price will tend to move in the same direction as earnings per share. The implication here is that deep value investors might steer clear when expectations of a company are too high. One way to gauge market expectations of a stock is to look at its Price to Earnings Ratio PE Ratio). A high P/E implies that investors have high expectations of what a company can achieve compared to a company with a low P/E ratio.Check out our latest analysis for ExelixisDoes Exelixis Have A Relatively High Or Low P/E For Its Industry?Exelixis's P/E of 23.15 indicates some degree of optimism towards the stock. The image below shows that Exelixis has a higher P/E than the average 17.8) P/E for companies in the biotechs industry.GS:EXEL Price Estimation Relative to Market April 22nd 2020That Show less Read more
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