Medical Laboratories Stocks Under Scanner -- Exact Sciences, Agilent Technologies, PerkinElmer, and ICON

Wednesday, February 22, 2017 Drug News
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NEW YORK, February 22, 2017 /PRNewswire/ -- takes a closer look at the following Medical Laboratories

and Research stocks: Exact Sciences Corp. (NASDAQ: EXAS), Agilent Technologies Inc. (NYSE: A), PerkinElmer Inc. (NYSE: PKI), and ICON PLC (NASDAQ: ICLR). These companies are part of the Healthcare sector which was mostly higher in late afternoon trading
on Tuesday, February 21st, 2017, with the NYSE Health Care Index rising about 0.4%, while shares of health care companies in the S&P 500 were up slightly more than 0.6% as a group. You can access our complimentary research reports on these stocks now at:

Exact Sciences  

On Tuesday, shares in Madison, Wisconsin headquartered Exact Sciences Corp. recorded a trading volume of 14.77 million shares, which was above their three months average volume of 2.34 million shares. The stock ended the day at $22.41, jumping 12.56% from the last trading session. The Company's shares have surged 23.88% in the last one month, 53.28% in the previous three months, and 67.74% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 34.21% and 46.87%, respectively. Furthermore, shares of Exact Sciences, which focuses on developing products for the early detection and prevention of various cancers, have a Relative Strength Index (RSI) of 79.59.

On February 21st, 2017, Exact Sciences announced that the Company generated revenues of $99.4 million and completed approximately 244,000 Cologuard tests during the year ended December 31st, 2016. The Company's full-year 2016 revenues and Cologuard test volume grew 152% and 135% from full-year 2015, respectively.

Yesterday, research firm The Benchmark Company upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $17 a share to $27 a share. Visit us today and download your complete report on EXAS for free at:

Agilent Technologies  

Santa Clara, California headquartered Agilent Technologies Inc.'s stock saw a slight drop of 0.54%, finishing yesterday's session at $51.35 with a total trading volume of 2.04 million shares. The Company's shares have gained 7.83% in the last month, 12.10% over the previous three months, and 12.71% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.38% and 11.62%, respectively. Additionally, shares of Agilent Technologies, which provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide, have an RSI of 65.57.

On February 14th, 2017, Agilent reported revenue of $1.07 billion, up 3.8% on a y-o-y basis for Q1 FY17. The Company's Q1 FY17 GAAP net income was $168 million, or $0.52 per share, compared to GAAP net income of $121 million, or $0.36 per share, for Q1 FY16. The complimentary research report on A can be accessed at:


Shares in Waltham, Massachusetts headquartered PerkinElmer Inc. ended the session 0.50% lower at $55.66. The stock recorded a trading volume of 592,384 shares. The Company's shares have gained 7.64% in the last one month, 9.41% in the previous three months, and 6.87% on an YTD basis. The stock is trading 4.82% above its 50-day moving average and 4.38% above its 200-day moving average. Moreover, shares of PerkinElmer, which provides products, services, and solutions to the diagnostics, research, environmental, industrial, and laboratory services markets worldwide, have an RSI of 65.37.

On January 27th, 2017, PerkinElmer's Board of Directors declared a regular quarterly dividend of $0.07 per share of common stock. This dividend is payable on May 10th, 2017, to all shareholders of record at the close of business on April 14th, 2017.

On February 03rd, 2017, research firm Bank of America/ Merrill downgraded the Company's stock rating from 'Neutral' to 'Underperform'. Register for free on and download the PDF research report on PKI at:


At the closing bell on Tuesday, Dublin, Ireland headquartered ICON PLC's stock declined 0.99%, finishing at $84.83. A total volume of 497,078 shares was traded, which was above their three months average volume of 388,790 shares. The Company's shares have advanced 5.94% in the last month, 9.85% over the previous three months, and 12.81% on an YTD basis. The stock is trading 5.79% and 12.45% above its 50-day and 200-day moving averages, respectively. Additionally, shares of ICON, which provides outsourced development services to the pharmaceutical, biotechnology, and medical device industries in Ireland, rest of Europe, the US, and internationally, have an RSI of 55.13.

On February 15th, 2017, Iconix announced that it plans to report its Q4 2016 and full year 2016 financial results after the close of market on February 22nd, 2017. A conference call to discuss the financial results will be held at 5:00 PM ET on the same day. Get free access to your research report on ICLR at:


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