Exa Corp (EXA) Receives Consensus Rating of “Hold” from Brokerages
Shares of Exa Corp (NASDAQ:EXA) have been given a consensus rating of “Hold” by the eight ratings firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation and six have issued a hold recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $24.25.
EXA has been the topic of a number of recent analyst reports. BidaskClub raised shares of EXA from a “hold” rating to a “buy” rating in a report on Thursday, September 28th. TheStreet downgraded shares of EXA from a “c-” rating to a “d” rating in a report on Monday, August 28th. ValuEngine raised shares of EXA from a “sell” rating to a “hold” rating in a report on Tuesday, September 12th. Needham & Company LLC downgraded shares of EXA from a “buy” rating to a “hold” rating in a report on Friday, September 29th. Finally, Zacks Investment Research raised shares of EXA from a “sell” rating to a “hold” rating in a report on Tuesday, October 31st.
In other EXA news, major shareholder Soros Fund Management Llc bought 14,119 shares of EXA stock in a transaction dated Tuesday, September 26th. The stock was acquired at an average cost of $16.58 per share, for a total transaction of $234,093.02. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 11.53% of the stock is owned by corporate insiders.
Shares of EXA (NASDAQ:EXA) opened at $24.24 on Friday. EXA has a 52 week low of $12.34 and a 52 week high of $24.42. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.01.
EXA Company Profile
Exa Corporation develops, sells and supports simulation software and services that manufacturers use in design and engineering processes. The Company focuses primarily on the ground transportation market, including manufacturers in the passenger vehicle, highway truck, off-highway vehicle and train markets, as well as their suppliers.
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