At the time of writing, Xencor Inc [XNCR] stock is trading at $24.01, up 1.18%. 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 lost -3.03% over the last week, with a monthly amount glided 1.61%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Xencor Inc [NASDAQ: XNCR] stock has seen the most recent analyst activity on December 12, 2024, when Wells Fargo initiated its Overweight rating and assigned the stock a price target of $37. Previously, Piper Sandler upgraded its rating to Overweight on December 02, 2024, and elevated its price target to $30. On April 16, 2024, BTIG Research reiterated its Buy rating and revised its price target to $38 on the stock. Piper Sandler downgraded its rating to a Neutral and decreased its price target to $24 on February 28, 2024. BofA Securities initiated its recommendation with a Buy and recommended $42 as its price target on May 19, 2023. In a note dated October 13, 2022, Raymond James upgraded an Strong Buy rating on this stock but restated the target price of $58.
For the past year, the stock price of Xencor Inc fluctuated between $15.31 and $27.24. Currently, Wall Street analysts expect the stock to reach $30 within the next 12 months. Xencor Inc [NASDAQ: XNCR] shares were valued at $24.01 at the most recent close of the market. An investor can expect a potential return of 24.95% 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 0.02.
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 23.16 points at the first support level, and at 22.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.44, and for the 2nd resistance point, it is at 24.87.
Ratios To Look Out For
It is important to note that Xencor Inc [NASDAQ:XNCR] has a current ratio of 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 19.73, the price to book ratio is 2.32.
Transactions by insiders
Recent insider trading involved Montgomery Alan Bruce, Director, that happened on Dec 02 ’24 when 13301.0 shares were sold. Director, Montgomery Alan Bruce completed a deal on Dec 04 ’24 to sell 1421.0 shares. Meanwhile, Director Montgomery Alan Bruce bought 1421.0 shares on Dec 04 ’24.