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After finishing at $20.94 in the prior trading day, Xencor Inc (NASDAQ: XNCR) closed at $23.93, up 14.28%. In other words, the price has increased by $14.28 from its previous closing price. On the day, 1.84 million shares were traded. XNCR stock price reached its highest trading level at $24.42 during the session, while it also had its lowest trading level at $20.85.
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 2.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.13. 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:
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 1475224704 and an Enterprise Value of 952654080. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.76 while its Price-to-Book (P/B) ratio in mrq is 2.18. Its current Enterprise Value per Revenue stands at 5.659 whereas that against EBITDA is -7.568.
Stock Price History:
The Beta on a monthly basis for XNCR is 0.77, which has changed by -0.13422579 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. 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 9.09%, while the 200-Day Moving Average is calculated to be 14.56%.
Shares Statistics:
The stock has traded on average 696.01K shares per day over the past 3-months and 716420 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 59.97M. Insiders hold about 2.72% of the company’s shares, while institutions hold 101.70% stake in the company. Shares short for XNCR as of 1713139200 were 6221879 with a Short Ratio of 8.94, compared to 1710460800 on 5587355. Therefore, it implies a Short% of Shares Outstanding of 6221879 and a Short% of Float of 16.690001.
Earnings Estimates
Xencor Inc (XNCR) is presently subject to a detailed evaluation by 11.0 analysts, each offering their unique perspectives on its market standing.On average, analysts expect EPS of -$0.79 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 -$0.8, with high estimates of -$0.51 and low estimates of -$1.1.
Analysts are recommending an EPS of between -$2.07 and -$4.31 for the fiscal current year, implying an average EPS of -$3.33. EPS for the following year is -$2.94, with 12.0 analysts recommending between $0.34 and -$4.05.
