How to Buy Xencor Stock
Xencor Inc
Xencor, Inc. , a clinical stage biopharmaceutical company, focuses on the discovery and development of engineered monoclonal antibody and cytokine therapeutics to treat patients with cancer and autoimmune diseases.
Xencor stock last closed at $24.11, up 2.03% from the previous day, and has decreased 11.13% in one year. It has overperformed other stocks in the Biotechnology industry by 0.07 percentage points. Xencor stock is currently +46.21% from its 52-week low of $16.49, and -16.75% from its 52-week high of $28.96.
At the moment, there are 61.12M shares of XNCR outstanding. The market value of XNCR is $1.47B. In the last 24 hours, 437,491 XNCR shares were traded.
How to Buy Xencor Stock
Wondering how to invest in Xencor stock? Here's how.
- Figure out where to buy Xencor stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy Xencor stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Choose your payment method and add your details.
- Analyze Xencor stock: The Xencor ticker symbol is XNCR. Is Xencor stock a good investment? Should you buy shares of XNCR? How do XNCR's underlying business fundamentals look? Do top analysts think Xencor is a good buy? Why has XNCR's stock price moved recently? (Hint: Our stock research tools can help you evaluate if XNCR is a good stock to buy).
- Make your XNCR trade: Decide if you will purchase XNCR shares at the current market price or use a limit order to buy XNCR stock at a particular price.
- Keep tabs on your investment in XNCR: Create a watchlist to important updates regarding your investment in Xencor shares.
Step 1: Figure out where to buy Xencor stock
You need a brokerage account to access the NASDAQ market and buy XNCR stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best stock brokerage. eToro gives you:
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- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal info so you can invest in XNCR today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create your new trading account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've opened your account on stock apps to use, you need to deposit funds:
Watch the video below to see the process of depositing money into your brokerage account.
Step 4: Analyze Xencor stock
Once you have decided on the best place to buy Xencor stock, it's absolutely critical to research their stock prior to investing, so you can understand the risk and opportunity.
Xencor shares at a glance
Xencor Overview
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on XNCR's stock page.
How is XNCR stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge XNCR's intrinsic value.
Using relative valuations measures:
- XNCR could be undervalued based on its P/B ratio of 2.2x, relative to Biotechnology industry P/B ratio of 6.01x
You can access additional valuation analysis on XNCR's stock here.
XNCR Financial Overview
Pros:
- There are more short-term assets than long-term liabilities on the XNCR balance sheet.
- There are more short-term assets than short-term liabilities on the XNCR balance sheet.
- XNCR's operating cash flow of $85.11M allows it to safely service it's debt of $83.43M.
Cons:
- Total XNCR debt is higher than 5 years ago, relative to shareholder equity.
- XNCR has a relatively high debt to equity ratio of 0.42.
- XNCR earnings of -$120.28M is not sufficient to cover its interest payments.
- XNCR profit margin has gone down from -33.5% to -74.9% in the past year.
Is Xencor stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 7 Equities analysts who research XNCR, the consensus analyst rating on Xencor is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
Most Recent XNCR Analyst Upgrades/Downgrades
Mara Goldstein, a top 23% analyst from Mizuho maintains XNCR with a strong buy rating and lowers their XNCR price target from $59.00 to $50.00, on Jan 22, 2024.
Michael Schmidt, a top 17% analyst from Guggenheim maintains XNCR with a strong buy rating and lowers their XNCR price target from $40.00 to $34.00, on Nov 8, 2023.
You can dig deeper into what analysts are saying on the Xencor stock forecast page.
XNCR Trading Indicators
Is XNCR Making Money?
Last year, XNCR revenue was $168.34M. In the last five year, XNCR's revenue has grown by 32.9% per year. This was faster than the Biotechnology industry average of 29.63%.
You can research XNCR's earnings and revenue performance here.
Latest Insiders Trades at XNCR
In the last 12 months, executives and large shareholders at XNCR have bought more shares than they have sold.
Nancy Valente, EVP Chief Development Officer of XNCR, was the latest XNCR insider to sell. They sold $111,872.87 worth of XNCR shares on May 2, 2024.
Get more info about who owns XNCR stock here.
Does XNCR provide a stable income stream?
No, Xencor doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your XNCR trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount limit, place a limit order.
Click the Open Trade button and your broker will execute the order.
If you require more assistance investing in stocks on eToro, click the how to video below:
Step 6: Keep tabs on your investment in XNCR
Now that you own some shares in XNCR, you'll want to keep up with your new shares.
Put XNCR on a watchlist to see the latest developments about your XNCR stock.
XNCR Feed
How to Buy Stock in Xencor
To summarize, here are the 6 steps to buy Xencor stock:
- Figure out where to buy Xencor stock
- Sign up for a brokerage account
- Fund your brokerage account
- Analyze Xencor stock
- Make your XNCR trade
- Keep tabs on your investment in XNCR
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Xencor, add XNCR to your watchlist by clicking the button below.
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