EXELIXIS INC (NASDAQ:EXEL)—A High-Growth Stock Gearing Up for Its Next Upward Move.

Exploring Growth Potential: EXELIXIS INC (NASDAQ:EXEL) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and EXELIXIS INC has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected EXELIXIS INC on our screen for growth with base formation, suggesting it merits a closer look.

Unpacking EXEL's Growth Rating

Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. EXEL boasts a 8 out of 10:

• The Earnings Per Share has grown by an impressive 189.06% over the past year.
• The Earnings Per Share has been growing by 12.65% on average over the past years. This is quite good.
• Looking at the last year, EXEL shows a quite strong growth in Revenue. The Revenue has grown by 18.50% in the last year.
• The Revenue has been growing by 17.51% on average over the past years. This is quite good.
• The Earnings Per Share is expected to grow by 24.81% on average over the next years. This is a very strong growth
• The Revenue is expected to grow by 10.38% on average over the next years. This is quite good.
• The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.

Health Analysis for EXEL

ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For EXEL, the assigned 9 for health provides valuable insights:

• EXEL has an Altman-Z score of 10.77. This indicates that EXEL is financially healthy and has little risk of bankruptcy at the moment.
• EXEL has a better Altman-Z score (10.77) than 88.42% of its industry peers.
• There is no outstanding debt for EXEL. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
• EXEL has a Current Ratio of 3.63. This indicates that EXEL is financially healthy and has no problem in meeting its short term obligations.
• A Quick Ratio of 3.58 indicates that EXEL has no problem at all paying its short term obligations.

Looking at the Profitability

ChartMill assigns a proprietary Profitability Rating to each stock. The score is computed by evaluating various profitability ratios and margins and ranges from 0 to 10. EXEL was assigned a score of 8 for profitability:

• EXEL has a Return On Assets of 17.68%. This is amongst the best in the industry. EXEL outperforms 98.07% of its industry peers.
• EXEL's Return On Equity of 23.23% is amongst the best of the industry. EXEL outperforms 97.72% of its industry peers.
• EXEL has a better Return On Invested Capital (21.31%) than 98.60% of its industry peers.
• The 3 year average ROIC (10.78%) for EXEL is below the current ROIC(21.31%), indicating increased profibility in the last year.
• EXEL has a better Profit Margin (24.04%) than 97.37% of its industry peers.
• The Operating Margin of EXEL (31.81%) is better than 98.60% of its industry peers.
• The Gross Margin of EXEL (96.49%) is better than 96.14% of its industry peers.

How does the Setup look for EXEL

ChartMill also provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the extent of consolidation in the stock based on multiple short-term technical indicators. Currently, EXEL has a 8 as its setup rating:

EXEL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 36.82, a Stop Loss order could be placed below this zone.

More Strong Growth stocks can be found in our Strong Growth screener.

For an up to date full fundamental analysis you can check the fundamental report of EXEL

For an up to date full technical analysis you can check the technical report of EXEL

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.