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As of close of business last night, Xencor Inc’s stock clocked out at $19.64, down -2.34% from its previous closing price of $20.11. In other words, the price has decreased by -$2.34 from its previous closing price. On the day, 0.97 million shares were traded. XNCR stock price reached its highest trading level at $19.995 during the session, while it also had its lowest trading level at $19.2.
Ratios:
To gain a deeper understanding of XNCR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 52.10. For the most recent quarter (mrq), Quick Ratio is recorded 6.92 and its Current Ratio is at 6.92. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.14.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BTIG Research on April 16, 2024, Reiterated its Buy rating but revised its target price to $38 from $56 previously.
On February 28, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $37 to $24.
On May 19, 2023, BofA Securities started tracking the stock assigning a Buy rating and target price of $42.BofA Securities initiated its Buy rating on May 19, 2023, with a $42 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 27 ’24 when ROSA-BJORKESON DAGMAR sold 2,503 shares for $20.68 per share. The transaction valued at 51,762 led to the insider holds 8,490 shares of the business.
RANIERI RICHARD J sold 2,503 shares of XNCR for $51,762 on Sep 27 ’24. The Director now owns 8,490 shares after completing the transaction at $20.68 per share. On Sep 27 ’24, another insider, GUSTAFSON KURT A, who serves as the Director of the company, sold 2,503 shares for $20.68 each. As a result, the insider received 51,762 and left with 9,490 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, XNCR now has a Market Capitalization of 1373370112 and an Enterprise Value of 791893504. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.28 while its Price-to-Book (P/B) ratio in mrq is 2.15. Its current Enterprise Value per Revenue stands at 5.927 whereas that against EBITDA is -5.0.
Stock Price History:
Over the past 52 weeks, XNCR has reached a high of $26.84, while it has fallen to a 52-week low of $15.31. The 50-Day Moving Average of the stock is 5.11%, while the 200-Day Moving Average is calculated to be -4.74%.
Shares Statistics:
It appears that XNCR traded 523.99K shares on average per day over the past three months and 599050 shares per day over the past ten days. A total of 69.93M shares are outstanding, with a floating share count of 68.04M. Insiders hold about 2.70% of the company’s shares, while institutions hold 89.90% stake in the company. Shares short for XNCR as of 1726185600 were 5829832 with a Short Ratio of 11.13, compared to 1723680000 on 4789082. Therefore, it implies a Short% of Shares Outstanding of 5829832 and a Short% of Float of 13.73.
