Xencor Inc [XNCR] stock prices are up 5.46% to $21.07 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The XNCR shares have gain 15.71% over the last week, with a monthly amount drifted -4.79%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Xencor Inc [NASDAQ: XNCR] stock has seen the most recent analyst activity on April 16, 2024, when BTIG Research reiterated its Buy rating and also revised its price target to $38 from $56. Previously, Piper Sandler downgraded its rating to Neutral on February 28, 2024, and dropped its price target to $24. On May 19, 2023, BofA Securities initiated with a Buy rating and assigned a price target of $42 on the stock. Cowen started tracking the stock assigning a Outperform rating. Raymond James upgraded its rating to a Strong Buy but $58 remained the price target by the analyst firm on October 13, 2022. JP Morgan started tracking with a Overweight rating for this stock on September 21, 2022, and assigned it a price target of $37.
The stock price of Xencor Inc [XNCR] has been fluctuating between $16.49 and $28.96 over the past year. Currently, Wall Street analysts expect the stock to reach $50 within the next 12 months. Xencor Inc [NASDAQ: XNCR] shares were valued at $21.07 at the most recent close of the market. An investor can expect a potential return of 137.3% based on the average XNCR price forecast.
Analyzing the XNCR fundamentals
The Xencor Inc [NASDAQ:XNCR] reported sales of 168.34M for trailing twelve months, representing a surge of 106.80%. Gross Profit Margin for this corporation currently stands at 0.93% with Operating Profit Margin at -0.82%, Pretax Profit Margin comes in at -0.72%, and Net Profit Margin reading is -0.74%. To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is -0.19 and Total Capital is -0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.29 points at the first support level, and at 19.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.60, and for the 2nd resistance point, it is at 22.13.
Xencor Inc [XNCR] reported earnings per share of -$0.31 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.09/share, meaning a difference of -$0.22 and a surprise factor of -244.40%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were -$0.4 per share as compared to estimates of -$0.73 per share, a difference of $0.33 representing a surprise of 45.20%.
Ratios To Look Out For
It’s worth pointing out that Xencor Inc [NASDAQ:XNCR]’s Current Ratio is 7.36. Also, the Quick Ratio is 7.36, while the Cash Ratio stands at 0.63. Considering the valuation of this stock, the price to sales ratio is 7.72, the price to book ratio is 1.92.
Transactions by insiders
Recent insider trading involved Dahiyat Bassil I, PRESIDENT & CEO, that happened on Mar 11 ’24 when 2741.0 shares were sold. SR. VICE PRESIDENT & CSO, Desjarlais John R completed a deal on Mar 11 ’24 to sell 1280.0 shares. Meanwhile, SVP, GENERAL COUNSEL Eckert Celia sold 850.0 shares on Mar 11 ’24.
