At the time of writing, Xencor Inc [XNCR] stock is trading at $23.18, up 2.20%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The XNCR shares have gain 10.33% over the last week, with a monthly amount glided 17.96%, and 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.
For the past year, the stock price of Xencor Inc fluctuated between $15.31 and $26.84. Currently, Wall Street analysts expect the stock to reach $42.6 within the next 12 months. Xencor Inc [NASDAQ: XNCR] shares were valued at $23.18 at the most recent close of the market. An investor can expect a potential return of 83.78% based on the average XNCR price forecast.
Analyzing the XNCR fundamentals
According to Xencor Inc [NASDAQ:XNCR], the company’s sales were 85.16M for trailing twelve months, which represents an -81.90% plunge. Gross Profit Margin for this corporation currently stands at 0.89% with Operating Profit Margin at -2.54%, Pretax Profit Margin comes in at -2.3%, and Net Profit Margin reading is -2.33%. To continue investigating profitability, this company’s Return on Assets is posted at -0.2, Equity is -0.31 and Total Capital is -0.24. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.09.
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 22.59 points at the first support level, and at 21.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.69, and for the 2nd resistance point, it is at 24.19.
Ratios To Look Out For
It is important to note that Xencor Inc [NASDAQ:XNCR] has a current ratio of 6.23. As well, the Quick Ratio is 6.23, while the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 19.03, the price to book ratio is 2.24.
Transactions by insiders
Recent insider trading involved ROSA-BJORKESON DAGMAR, Director, that happened on Sep 27 ’24 when 2503.0 shares were sold. Director, RANIERI RICHARD J completed a deal on Sep 27 ’24 to sell 2503.0 shares. Meanwhile, Director GUSTAFSON KURT A sold 2503.0 shares on Sep 27 ’24.
