Xencor Inc (XNCR) Shares on the Rise: Short-term Analysis

Xencor Inc [XNCR] stock is trading at $23.71, up 1.72%. 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 10.18% over the last week, with a monthly amount glided 12.74%, 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.

Xencor Inc [XNCR] stock has fluctuated between $15.31 and $26.84 over the past year. Currently, Wall Street analysts expect the stock to reach $42.6 within the next 12 months. Xencor Inc [NASDAQ: XNCR] shares were valued at $23.71 at the most recent close of the market. An investor can expect a potential return of 79.67% based on the average XNCR price forecast.

Analyzing the XNCR fundamentals

Xencor Inc [NASDAQ:XNCR] reported sales of 85.16M for the trailing twelve months, which represents a drop of -81.90%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.09.

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 23.23 points at the first support level, and at 22.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.01, and for the 2nd resistance point, it is at 24.30.

Ratios To Look Out For

For context, Xencor Inc’s Current Ratio is 6.23. Also, the Quick Ratio is 6.23, while the Cash Ratio stands at 0.32. Considering the valuation of this stock, the price to sales ratio is 19.48, the price to book ratio is 2.29.

Transactions by insiders

Recent insider trading involved Desjarlais John R, Officer, that happened on Nov 11 ’24 when 68684.0 shares were purchased. Director, ROSA-BJORKESON DAGMAR completed a deal on Sep 27 ’24 to sell 2503.0 shares. Meanwhile, Director RANIERI RICHARD J sold 2503.0 shares on Sep 27 ’24.

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