Xencor Inc (NASDAQ: XNCR) has reported a loss for its second fiscal quarter (ending June 30) of $-1.07 versus a loss $-0.37 for the same period a year ago. This result fell short of the consensus estimate of $-0.79 by $-0.28. For the latest four quarters through June 30, E.P.S. were $-2.89 versus $-2.13 for the same period a year ago.
Recent Price Action
Xencor Inc (NASDAQ: XNCR) stock suffered a large decline of -7.3% on 8/5/24. The stock closed at $17.78. Trading volume in this decline was normal. The stock has declined -17.9% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, XNCR is expected to continue to be Value Creation neutral.
Xencor has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Xencor has a poor Appreciation Score of 22 but a neutral Power Rating of 51, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment