Xencor Inc (NASDAQ:XNCR) price on Wednesday, May 21, fall -7.62% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $7.52.
A look at the stock’s price movement, the close in the last trading session was $8.14, moving within a range at $7.46 and $8.175. The beta value (5-Year monthly) was 0.992. Turning to its 52-week performance, $27.24 and $7.16 were the 52-week high and 52-week low respectively. Overall, XNCR moved -29.39% over the past month.
Xencor Inc’s market cap currently stands at around $535.20 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-06.
Analysts have a consensus estimate of 22.59M for the company’s revenue for the quarter, with a low and high estimate of 10M and 48.8M respectively. The average forecast suggests up to a 33.21% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 110.24M, representing a -0.23% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that XNCR is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 5 recommend XNCR as a Buy and 1 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
XNCR’s current price about -18.68% and -25.78% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 33.62, while 7-day volatility ratio is 5.28% and 8.38% in the 30-day chart. Further, Xencor Inc (XNCR) has a beta value of 0.86, and an average true range (ATR) of 0.74. Analysts have given the company’s stock an average 52-week price target of $30.5, forecast between a low of $30 and high of $31. Looking at the price targets, the low is -298.94% off current price level while to achieve the yearly target high, price needs to move -312.23%. Nonetheless, investors will most likely welcome a -305.59% jump to $30.5 which is the analysts’ median price.
If we refocus on Xencor Inc (NASDAQ:XNCR), historical trading data shows that trading volumes averaged 0.99 over the past 10 days and 906.08K over the past 3 months. The company’s latest data on shares outstanding shows there are 71.14 million shares.
The 6.03% of Xencor Inc’s shares are in the hands of company insiders while institutional holders own 106.52% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 8.05 million on 2025-04-30, giving us a short ratio of 8.72. The data shows that as of 2025-04-30 short interest in Xencor Inc (XNCR) stood at 1617.0000000000002 of shares outstanding, with shares short rising to 7.09 million registered in 2025-03-31. Current price change has pushed the stock -67.28% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the XNCR stock continues to rise going into the next quarter.
