Xencor Inc (NASDAQ: XNCR) closed the day trading at $20.27 down -5.94% from the previous closing price of $21.55. In other words, the price has decreased by -$1.28 from its previous closing price. On the day, 1105645 shares were traded.
Ratios:
For a better understanding of XNCR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.59. For the most recent quarter (mrq), Quick Ratio is recorded 7.36 and its Current Ratio is at 7.36. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.11.
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 the company, Piper Sandler on February 28, 2024, Downgraded its rating to Neutral and sets its target price to $24 from $37 previously.
On May 19, 2023, BofA Securities started tracking the stock assigning a Buy rating and target price of $42.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 11 ’24 when Dahiyat Bassil I sold 2,741 shares for $23.50 per share. The transaction valued at 64,418 led to the insider holds 351,894 shares of the business.
Desjarlais John R sold 1,280 shares of XNCR for $30,082 on Mar 11 ’24. The SR. VICE PRESIDENT & CSO now owns 186,433 shares after completing the transaction at $23.50 per share. On Mar 11 ’24, another insider, Eckert Celia, who serves as the SVP, GENERAL COUNSEL of the company, sold 850 shares for $23.50 each. As a result, the insider received 19,977 and left with 45,465 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 1.32B and an Enterprise Value of 808.68M. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.36 while its Price-to-Book (P/B) ratio in mrq is 1.85. Its current Enterprise Value per Revenue stands at 4.80 whereas that against EBITDA is -6.36.
Stock Price History:
Over the past 52 weeks, XNCR has reached a high of $30.21, while it has fallen to a 52-week low of $16.49. The 50-Day Moving Average of the stock is 21.99, while the 200-Day Moving Average is calculated to be 21.23.
Shares Statistics:
Over the past 3-months, XNCR traded about 695.64K shares per day on average, while over the past 10 days, XNCR traded about 535.1k shares per day. A total of 61.00M shares are outstanding, with a floating share count of 59.50M. Insiders hold about 2.66% of the company’s shares, while institutions hold 102.54% stake in the company. Shares short for XNCR as of Mar 15, 2024 were 5.59M with a Short Ratio of 8.53, compared to 6.41M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.14% and a Short% of Float of 14.99%.
Earnings Estimates
Current recommendations for the stock of the company come from 11 analysts. On average, analysts expect EPS of -$0.77 for the current quarter, with a high estimate of -$0.47 and a low estimate of -$1.15, while EPS last year was -$1.02. The consensus estimate for the next quarter is -$0.77, with high estimates of -$0.48 and low estimates of -$1.1.
Analysts are recommending an EPS of between -$1.94 and -$4.31 for the fiscal current year, implying an average EPS of -$3.21. EPS for the following year is -$2.84, with 11 analysts recommending between $0.34 and -$3.96.
