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After finishing at $15.73 in the prior trading day, Xencor Inc (NASDAQ: XNCR) closed at $16.03, up 1.91%. In other words, the price has increased by $1.91 from its previous closing price. On the day, 0.54 million shares were traded. XNCR stock price reached its highest trading level at $16.67 during the session, while it also had its lowest trading level at $15.92.
Ratios:
Our goal is to gain a better understanding of XNCR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.60. 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:
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 Jul 09 ’24 when Desjarlais John R sold 36,329 shares for $18.32 per share. The transaction valued at 665,511 led to the insider holds 192,319 shares of the business.
Valente Nancy sold 4,745 shares of XNCR for $111,872 on May 02 ’24. The EVP, Chief Development Officer now owns 55,115 shares after completing the transaction at $23.58 per share. On Mar 11 ’24, another insider, Kuch John J, who serves as the SR. VICE PRESIDENT & CFO of the company, sold 849 shares for $23.50 each. As a result, the insider received 19,953 and left with 121,070 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 991191040 and an Enterprise Value of 550124416. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.42 while its Price-to-Book (P/B) ratio in mrq is 1.75. Its current Enterprise Value per Revenue stands at 4.117 whereas that against EBITDA is -3.474.
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 -17.80%, while the 200-Day Moving Average is calculated to be -22.08%.
Shares Statistics:
The stock has traded on average 545.78K shares per day over the past 3-months and 525610 shares per day over the last 10 days, according to various share statistics. A total of 61.00M shares are outstanding, with a floating share count of 60.14M. Insiders hold about 2.74% of the company’s shares, while institutions hold 101.63% stake in the company. Shares short for XNCR as of 1722384000 were 4393050 with a Short Ratio of 8.05, compared to 1719532800 on 4833422. Therefore, it implies a Short% of Shares Outstanding of 4393050 and a Short% of Float of 12.78.
