Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Xencor Inc’s stock clocked out at $23.66, down -2.39% from its previous closing price of $24.24. In other words, the price has decreased by -$2.39 from its previous closing price. On the day, 0.62 million shares were traded. XNCR stock price reached its highest trading level at $24.41 during the session, while it also had its lowest trading level at $23.19.
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 2.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.88. 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 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 May 02 ’24 when Valente Nancy sold 4,745 shares for $23.58 per share. The transaction valued at 111,872 led to the insider holds 55,115 shares of the business.
Dahiyat Bassil I sold 2,741 shares of XNCR for $64,418 on Mar 11 ’24. The PRESIDENT & CEO now owns 351,894 shares after completing the transaction at $23.50 per share. On Mar 11 ’24, another insider, Desjarlais John R, who serves as the SR. VICE PRESIDENT & CSO of the company, sold 1,280 shares for $23.50 each. As a result, the insider received 30,082 and left with 186,433 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 1458579840 and an Enterprise Value of 971601408. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.66 while its Price-to-Book (P/B) ratio in mrq is 2.16. Its current Enterprise Value per Revenue stands at 5.772 whereas that against EBITDA is -7.719.
Stock Price History:
Over the past 52 weeks, XNCR has reached a high of $28.96, while it has fallen to a 52-week low of $16.49. The 50-Day Moving Average of the stock is 8.07%, while the 200-Day Moving Average is calculated to be 13.39%.
Shares Statistics:
It appears that XNCR traded 740.22K shares on average per day over the past three months and 801500 shares per day over the past ten days. A total of 61.00M shares are outstanding, with a floating share count of 59.97M. Insiders hold about 2.72% of the company’s shares, while institutions hold 101.43% stake in the company. Shares short for XNCR as of 1713139200 were 6221879 with a Short Ratio of 8.41, compared to 1710460800 on 5587355. Therefore, it implies a Short% of Shares Outstanding of 6221879 and a Short% of Float of 18.200001.
