Analysts expect Xencor, Inc. (NASDAQ:XNCR) to announce earnings of ($0.34) per share for the current quarter, Zacks reports. Two analysts have issued estimates for Xencor’s earnings, with the highest EPS estimate coming in at ($0.25) and the lowest estimate coming in at ($0.49). Xencor reported earnings per share of ($0.21) in the same quarter last year, which suggests a negative year over year growth rate of 61.9%. The company is expected to report its next earnings results on Tuesday, February 27th.

On average, analysts expect that Xencor will report full-year earnings of ($1.13) per share for the current year, with EPS estimates ranging from ($1.29) to ($1.04). For the next year, analysts forecast that the firm will post earnings of ($1.70) per share, with EPS estimates ranging from ($2.12) to ($1.15). Zacks’ EPS averages are a mean average based on a survey of analysts that follow Xencor.

Several research firms have weighed in on XNCR. Canaccord Genuity reiterated a “buy” rating and issued a $36.00 price target on shares of Xencor in a research report on Tuesday, August 8th. Zacks Investment Research upgraded shares of Xencor from a “sell” rating to a “hold” rating in a research report on Wednesday, November 22nd. BidaskClub downgraded shares of Xencor from a “hold” rating to a “sell” rating in a research report on Monday, August 14th. ValuEngine upgraded shares of Xencor from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Piper Jaffray Companies restated a “buy” rating and set a $35.00 price objective on shares of Xencor in a research report on Sunday, November 12th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $30.80.

Xencor (NASDAQ:XNCR) traded up $1.21 on Thursday, reaching $21.71. 175,722 shares of the company’s stock traded hands, compared to its average volume of 216,686. Xencor has a fifty-two week low of $18.55 and a fifty-two week high of $29.38.

In related news, major shareholder John S. Stafford III bought 150,000 shares of the business’s stock in a transaction that occurred on Friday, October 27th. The stock was bought at an average cost of $19.81 per share, with a total value of $2,971,500.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder John S. Stafford III bought 3,400 shares of the business’s stock in a transaction that occurred on Wednesday, November 8th. The shares were bought at an average cost of $19.89 per share, with a total value of $67,626.00. The disclosure for this purchase can be found here. Insiders have bought a total of 263,105 shares of company stock worth $5,206,858 over the last 90 days. Insiders own 4.14% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of XNCR. FMR LLC grew its stake in Xencor by 77.7% during the second quarter. FMR LLC now owns 6,690,258 shares of the biopharmaceutical company’s stock valued at $141,232,000 after acquiring an additional 2,924,510 shares in the last quarter. State Street Corp grew its stake in Xencor by 17.5% during the first quarter. State Street Corp now owns 992,981 shares of the biopharmaceutical company’s stock valued at $23,751,000 after acquiring an additional 148,136 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Xencor by 57.4% during the first quarter. Dimensional Fund Advisors LP now owns 286,894 shares of the biopharmaceutical company’s stock valued at $6,863,000 after acquiring an additional 104,638 shares in the last quarter. Artal Group S.A. purchased a new position in Xencor during the third quarter valued at $2,292,000. Finally, JPMorgan Chase & Co. grew its stake in Xencor by 48.1% during the second quarter. JPMorgan Chase & Co. now owns 289,500 shares of the biopharmaceutical company’s stock valued at $6,112,000 after acquiring an additional 93,975 shares in the last quarter. 77.61% of the stock is owned by institutional investors.

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Xencor Company Profile

Xencor, Inc is a clinical-stage biopharmaceutical company. The Company is focused on discovering and developing engineered monoclonal antibodies to treat severe and life threatening diseases. It has developed two clinical-stage product candidates, using its Immune Inhibitor Fc platform: XmAb5871, which is in two Phase II trials and is being developed for autoimmune disease, and XmAb7195, which is in a Phase I trial and is being developed for asthma and allergic diseases.

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Earnings History and Estimates for Xencor (NASDAQ:XNCR)

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