Xencor Inc (NASDAQ: XNCR) stock closed at $22.79 on 2/28/24 after a major decline of -14.1%. Moreover, exceptionally high trading volume at 507% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -3.0% during the last week.
Current PriceTarget Research Rating
XNCR’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Xencor has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Xencor has a poor Power Rating of 23 and a very low Appreciation Score of 14, triggering the Lowest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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