Exact Sciences (EXAS) Reaches $47.82 After 7.00% Down Move; Sanmina (SANM) Covered By 4 Bulls

January 19, 2018 - By Henry Gaston

The stock of Exact Sciences Corporation (NASDAQ:EXAS) is a huge mover today! The stock decreased 1.99% or $0.97 during the last trading session, reaching $47.82. About 4.67M shares traded or 112.79% up from the average. Exact Sciences Corporation (NASDAQ:EXAS) has risen 458.24% since January 19, 2017 and is uptrending. It has outperformed by 441.54% the S&P500.The move comes after 6 months negative chart setup for the $5.73 billion company. It was reported on Jan, 19 by Barchart.com. We have $44.47 PT which if reached, will make NASDAQ:EXAS worth $400.75M less.

Among 11 analysts covering Sanmina-SCI Corporation (NASDAQ:SANM), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Sanmina-SCI Corporation had 27 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Sector Perform” rating and $19 target in Tuesday, January 26 report. Craig Hallum downgraded Sanmina Corporation (NASDAQ:SANM) on Tuesday, July 26 to “Hold” rating. RBC Capital Markets maintained Sanmina Corporation (NASDAQ:SANM) on Thursday, October 12 with “Hold” rating. The stock of Sanmina Corporation (NASDAQ:SANM) earned “Neutral” rating by Citigroup on Tuesday, January 26. As per Tuesday, April 26, the company rating was maintained by B. Riley & Co. The firm has “Hold” rating given on Tuesday, September 22 by Zacks. The firm has “Sector Perform” rating given on Wednesday, January 20 by RBC Capital Markets. The firm has “Buy” rating by B. Riley & Co given on Friday, December 4. Bank of America maintained the stock with “Buy” rating in Thursday, June 15 report. Needham maintained it with “Buy” rating and $45.0 target in Tuesday, October 3 report. See Sanmina Corporation (NASDAQ:SANM) latest ratings:

18/12/2017 Broker: Craig Hallum Rating: Buy New Target: $44.0 Upgrade
02/11/2017 Broker: Argus Research Old Rating: Buy New Rating: Hold Downgrade
31/10/2017 Broker: Craig Hallum Rating: Hold New Target: $43.0
12/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $40.0 Maintain
03/10/2017 Broker: Needham Rating: Buy New Target: $45.0 Maintain
31/08/2017 Broker: RBC Capital Markets Rating: Hold New Target: $40.0 Maintain
30/08/2017 Broker: Needham Rating: Buy New Target: $45.0 Maintain
25/07/2017 Broker: RBC Capital Markets Rating: Hold New Target: $40.0000

Investors sentiment decreased to 1.01 in 2017 Q3. Its down 0.26, from 1.27 in 2017Q2. It worsened, as 39 investors sold Exact Sciences Corporation shares while 81 reduced holdings. 44 funds opened positions while 77 raised stakes. 93.65 million shares or 1.18% less from 94.77 million shares in 2017Q2 were reported. Parametric Assocs Ltd Liability holds 0.01% of its portfolio in Exact Sciences Corporation (NASDAQ:EXAS) for 147,509 shares. Fmr Lc reported 0.01% stake. Virginia Retirement Et Al holds 0.02% or 28,100 shares in its portfolio. Fiera Capital Corp invested in 93,416 shares or 0.02% of the stock. 1,023 are owned by Huntington Financial Bank. National Bank & Trust Of Montreal Can owns 34,912 shares. Tiverton Asset Management Lc holds 0.66% or 247,500 shares in its portfolio. 7.53 million are owned by Blackrock Inc. 2.06M are held by Fred Alger Management Inc. Alliancebernstein L P, New York-based fund reported 236,240 shares. 577,346 were accumulated by Antipodean Advisors Lc. Prudential Financial has 0.01% invested in Exact Sciences Corporation (NASDAQ:EXAS). Teacher Retirement Systems Of Texas reported 9,735 shares. Biondo Inv Advisors Limited Liability Corp invested in 36,600 shares or 0.47% of the stock. 10,905 are owned by Piedmont Invest Advsr Limited Com.

Analysts await Exact Sciences Corporation (NASDAQ:EXAS) to report earnings on February, 20. They expect $-0.29 EPS, up 14.71% or $0.05 from last year’s $-0.34 per share. After $-0.23 actual EPS reported by Exact Sciences Corporation for the previous quarter, Wall Street now forecasts 26.09% negative EPS growth.

Among 18 analysts covering EXACT Sciences (NASDAQ:EXAS), 10 have Buy rating, 1 Sell and 7 Hold. Therefore 56% are positive. EXACT Sciences had 62 analyst reports since July 24, 2015 according to SRatingsIntel. Lake Street maintained Exact Sciences Corporation (NASDAQ:EXAS) on Tuesday, November 24 with “Hold” rating. Bank of America maintained Exact Sciences Corporation (NASDAQ:EXAS) on Thursday, October 19 with “Buy” rating. As per Thursday, August 24, the company rating was maintained by Leerink Swann. The stock has “Buy” rating by Jefferies on Tuesday, September 12. The rating was maintained by Benchmark with “Hold” on Wednesday, October 26. The stock of Exact Sciences Corporation (NASDAQ:EXAS) earned “Buy” rating by Benchmark on Wednesday, January 17. Jefferies maintained it with “Buy” rating and $20 target in Wednesday, July 27 report. Craig Hallum maintained Exact Sciences Corporation (NASDAQ:EXAS) rating on Wednesday, July 26. Craig Hallum has “Buy” rating and $4600 target. The firm earned “Buy” rating on Thursday, July 20 by Canaccord Genuity. The firm has “Buy” rating given on Wednesday, May 31 by Roth Capital.

Exact Sciences Corporation, a molecular diagnostics company, focuses on developing products for the early detection and prevention of various cancers in the United States. The company has market cap of $5.73 billion. The firm develops the Cologuard, a non-invasive stool DNA screening test for the early detection of colorectal cancer and pre-cancer. It currently has negative earnings. It has a collaboration, license, and purchase agreement with Genzyme Corporation; and license agreement with MAYO Foundation for Medical Education and Research.

Since September 1, 2017, it had 0 insider purchases, and 6 insider sales for $16.89 million activity. 1,665 shares were sold by COWARD D SCOTT, worth $87,474 on Tuesday, January 2. 75,683 Exact Sciences Corporation (NASDAQ:EXAS) shares with value of $3.09M were sold by LIDGARD GRAHAM PETER. 125,402 shares were sold by Conroy Kevin T, worth $6.62 million on Friday, January 12.

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. The company has market cap of $2.55 billion. The firm offers product design and engineering solutions comprising concept development, detailed design, prototyping, validation, preproduction, and manufacturing design release; manufacturing solutions of components, subassemblies, and complete systems; final system assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services. It has a 19.92 P/E ratio. It also provides interconnect systems, such as printed circuit board fabrication, backplane, and cable assemblies; and mechanical systems, including enclosures, precision machining, and plastic injection molding; non-volatile DIMMs, solid state drives, and DRAM solutions; defense and aerospace products; storage products; and optical and radio frequency modules.

Investors sentiment decreased to 0.79 in 2017 Q3. Its down 0.16, from 0.95 in 2017Q2. It dropped, as 25 investors sold Sanmina Corporation shares while 103 reduced holdings. 25 funds opened positions while 76 raised stakes. 66.06 million shares or 4.90% less from 69.46 million shares in 2017Q2 were reported. Numeric Ltd Limited Liability Company has invested 0.01% of its portfolio in Sanmina Corporation (NASDAQ:SANM). Royal Savings Bank Of Canada holds 0% or 14,328 shares. Verition Fund Management Ltd Limited Liability Company invested 0.02% of its portfolio in Sanmina Corporation (NASDAQ:SANM). Tci Wealth Advsrs Inc holds 0% or 79 shares in its portfolio. Deutsche Financial Bank Ag stated it has 0.01% of its portfolio in Sanmina Corporation (NASDAQ:SANM). Victory accumulated 4,493 shares or 0% of the stock. 65,223 are held by State Teachers Retirement System. Wells Fargo & Mn reported 0.01% of its portfolio in Sanmina Corporation (NASDAQ:SANM). Catalyst Limited Com, New York-based fund reported 7,200 shares. Millennium Mngmt Limited Liability Company stated it has 5,453 shares. Proshare Advsr Lc has invested 0% in Sanmina Corporation (NASDAQ:SANM). Great West Life Assurance Com Can owns 103,557 shares. Regentatlantic Cap Ltd Llc reported 0.02% stake. Mesirow Fincl Mgmt invested in 0.95% or 386,565 shares. Us Fincl Bank De accumulated 3,425 shares.

The stock increased 1.43% or $0.5 during the last trading session, reaching $35.45. About 437,625 shares traded. Sanmina Corporation (NASDAQ:SANM) has risen 44.39% since January 19, 2017 and is uptrending. It has outperformed by 27.69% the S&P500.

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