The price of Xeris Biopharma Holdings Inc (NASDAQ: XERS) closed at $2.11 in the last session, up 0.48% from day before closing price of $2.10. In other words, the price has increased by $+0.0100 from its previous closing price. On the day, 1387068 shares were traded.
Ratios:
We take a closer look at XERS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.64.
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, Craig Hallum on August 28, 2023, initiated with a Buy rating and assigned the stock a target price of $4.50.
On October 21, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $4.
On April 28, 2022, Craig Hallum started tracking the stock assigning a Buy rating and target price of $6.50.Craig Hallum initiated its Buy rating on April 28, 2022, with a $6.50 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 14 ’24 when Schmid John P. bought 4,500 shares for $2.16 per share. The transaction valued at 9,720 led to the insider holds 11,000 shares of the business.
SHERMAN JEFFREY W bought 5,400 shares of XERS for $10,098 on Nov 27 ’23. The Director now owns 5,400 shares after completing the transaction at $1.87 per share. On Nov 20 ’23, another insider, Pieper Steven, who serves as the insider of the company, bought 28,000 shares for $1.95 each. As a result, the insider paid 54,600 and bolstered with 1,176,912 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, XERS now has a Market Capitalization of 294.95M and an Enterprise Value of 451.69M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.81. Its current Enterprise Value per Revenue stands at 2.76 whereas that against EBITDA is -19.03.
Stock Price History:
Over the past 52 weeks, XERS has reached a high of $3.26, while it has fallen to a 52-week low of $1.25. The 50-Day Moving Average of the stock is 2.6466, while the 200-Day Moving Average is calculated to be 2.2856.
Shares Statistics:
According to the various share statistics, XERS traded on average about 2.36M shares per day over the past 3-months and 1.83M shares per day over the past 10 days. A total of 138.13M shares are outstanding, with a floating share count of 125.33M. Insiders hold about 10.77% of the company’s shares, while institutions hold 41.20% stake in the company. Shares short for XERS as of Feb 29, 2024 were 9.64M with a Short Ratio of 4.09, compared to 9.4M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.87% and a Short% of Float of 7.01%.
Earnings Estimates
The company has 5 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.12 for the current quarter, with a high estimate of -$0.11 and a low estimate of -$0.14, while EPS last year was -$0.12. The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.09 and low estimates of -$0.11.
Analysts are recommending an EPS of between -$0.29 and -$0.47 for the fiscal current year, implying an average EPS of -$0.37. EPS for the following year is -$0.22, with 4 analysts recommending between -$0.13 and -$0.35.
Revenue Estimates
According to 5 analysts, the current quarter’s revenue is expected to be $41.46M. It ranges from a high estimate of $44M to a low estimate of $37.97M. As of the current estimate, Xeris Biopharma Holdings Inc’s year-ago sales were $33.2M, an estimated increase of 24.90% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $45.09M, an increase of 18.60% less than the figure of $24.90% in the same quarter last year. There is a high estimate of $47.6M for the next quarter, whereas the lowest estimate is $43.88M.
A total of 5 analysts have provided revenue estimates for XERS’s current fiscal year. The highest revenue estimate was $194.2M, while the lowest revenue estimate was $176.7M, resulting in an average revenue estimate of $184.03M. In the same quarter a year ago, actual revenue was $163.91M, up 12.30% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $217.54M in the next fiscal year. The high estimate is $230.4M and the low estimate is $195.2M. The average revenue growth estimate for next year is up 18.20% from the average revenue estimate for this year.
