Will Bears Get Slaughtered? Exact Sciences Corporation (EXAS), Linde plc (LIN)

11 analysts out of 13 Wall Street brokerage firms rate Exact Sciences Corporation (NASDAQ:EXAS) as a Buy, while 0 see it as a Sell. The rest 2 describe it as a Hold. EXAS stock traded higher to an intra-day high of $113.17. At one point in session, its potential discontinued and the price was down to lows at $109.57. Analysts have set EXAS’s consensus price at $114, effectively giving it a 1.39% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $130 (up 15.62% from current price levels). EXAS has a -30% ROE, lower than the 8.26% average for the industry. The average ROE for the sector is 16.86%.

It is expected that in Jun 2019 quarter EXAS will have an EPS of $-0.56, suggesting a -86.67% growth. For Sep 2019 is projected at $-0.52. It means that there could be a -73.33% growth in the quarter. Yearly earnings are expected to rise by -62.5% to about $-2.21. As for the coming year, growth will be about 53.85%, lifting earnings to $-1.02. RSI after the last trading period was 70.54. EXAS recorded a change of 8.05% over the past week and returned 16.94% over the last three months while the EXAS stock’s monthly performance revealed a shift in price of 22.22%. The year to date (YTD) performance stands at 78.19%, and the bi-yearly performance specified an activity trend of 61.74% while the shares have moved 68.53% for the past 12 months.

Exact Sciences Corporation (EXAS) currently trades at $112.44, which is higher by 0.14% its previous price. It has a total of 124.37 million outstanding shares, with an ATR of around 3.79. The company’s stock volume dropped to 0.94 million, worse than 1.79 million that represents its 50-day average. A 5-day increase of about 8.05% in its price means EXAS is now 78.19% higher on year-to-date. The shares have surrendered $43214.56 since its $114.36 52-week high price recorded on 12th of June 2019. Overall, it has seen a growth rate of 68.53 over the last 12 months. The current price per share is $64.66 above the 52 week low of $47.78 set on 15th of August 2018.

Exact Sciences Corporation (NASDAQ:EXAS)’s EPS was $-0.58 as reported for the March quarter. In comparison, the same quarter a year ago had an EPS of $-0.33. That means that its growth in general now stands at 76%. Therefore, a prediction of $-0.65 given by the analysts brought a negative surprise of -11%. EXAS March quarter revenue was $162.04 million, compared to $90.3 million recorded in same quarter last year, giving it a 79% growth rate. The company’s $71.74 million revenue decline that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Linde plc (NYSE:LIN) shares appreciated 0.52% over the last trading period, taking overall 5-day performance up to 2.73%. The general public currently hold control of a total of 542.22 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 545.55 million. The company’s management holds a total of 0.2%, while institutional investors hold about 83.2% of the remaining shares. LIN share price finished last trade 6.87% above its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 19.41%, while closing the session with 10.34% distance from 50 day simple moving average.

Linde plc (LIN) shares were last observed trading 0.23% down the peak of $202.28. Last month’s price growth of 12.06% puts LIN performance for the year now at 29.93%. Consequently, the shares price is trending higher by 38.91%, a 52-week worst price. However, it is regaining value with 28.76% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $200.51 and $201.62. The immediate resistance area is now $203.87 Williams’s %R (14) for LIN moved to 4.79 while the stochastic %K points at 95.7.

LIN’s beta is 0; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $10.1 per share from its yearly profit to its outstanding shares. Its last reported revenue is $6.94 billion, which was 135% versus $2.95 billion in the corresponding quarter last year. The EPS for Mar 19 quarter came in at $1.69 compared to $1.65 in the year-ago quarter and had represented 2% year-over-year earnings per share growth. LIN’s ROA is 7.9%, lower than the 13.31% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 8.76%.