During the last session, Xeris Pharmaceuticals, Inc. (NASDAQ:XERS)’s traded shares were 1,712,554, with the beta value of the company hitting 0. At the end of the trading day, the stock’s price was $4.19, reflecting an intraday loss of -4.99% or -$0.22. The 52-week high for the XERS share is $7.94, that puts it down -89.5% from that peak though still a striking +62.77% gain since the share price plummeted to a 52-week low of $1.56. The company’s market capitalization is $277.87 Million, and the average intraday trading volume over the past 10 days was 2.03 Million shares, and the average trade volume was 2.8 Million shares over the past three months.

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Xeris Pharmaceuticals, Inc. (XERS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.7. XERS has a Sell rating from none of the analyst(s) out of 4 analysts who have looked at this stock. Neither of the analyst(s) recommend to Hold the stock while none of them suggest Overweight, and 4 recommend a Buy rating for it. None of the analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.34.

Xeris Pharmaceuticals, Inc. (NASDAQ:XERS): Trading Information

Xeris Pharmaceuticals, Inc. (XERS) registered a -4.99% downside in the last session and has traded in the red over the past 5 sessions. The stock spiked 10.6% in intraday trading to $4.69- this Thursday, Apr 01, hitting a weekly high. The stock’s 5-day price performance is -0.48%, and it has moved by -13.43% in 30 days. Despite these dips, the overall price performance for the year is -14.84%. The short interest in Xeris Pharmaceuticals, Inc. (NASDAQ:XERS) is 10.62 Million shares and it means that shorts have 3.79 day(s) to cover.

The consensus price target of analysts on Wall Street is $11.25, which implies an increase of 168.5% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9 and $14 respectively. As a result, XERS is trading at a discount of 234.13% off the target high and 114.8% off the low.

Xeris Pharmaceuticals, Inc. (XERS) projections and forecasts

Statistics show that Xeris Pharmaceuticals, Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Xeris Pharmaceuticals, Inc. (XERS) shares have jump down -28.38% during the last six months, with a year-to-date growth rate less than the industry average at -48.6% against 17.2%. Yet analysts are ramping up their growth forecast for the fiscal year 2021. Revenue is predicted to grow 61.8% this quarter and then jump 52.4% in the quarter after that. In the rating firms’ projections, revenue will increase 126% compared to the previous financial year.

Revenue for the current quarter is expected to be $7.47 Million as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to $9.52 Million by the end of June 2021. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $1.79 Million and $1.86 Million respectively. In this case, analysts expect current quarter sales to grow by 317.8% and then jump by 411.8% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings fell an estimated 0%. While earnings are projected to return 55.6% in 2021, the next five years will return 0% per annum.


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Xeris Pharmaceuticals, Inc. (NASDAQ:XERS)’s Biggest Investors

Xeris Pharmaceuticals, Inc. insiders own 2.94% of total outstanding shares while institutional holders control 50.61%, with the float percentage being 52.14%. Sessa Capital IM, L.P. is the largest shareholder of the company, while 135 institutions own stock in it. As of Dec 30, 2020, the company held over 4.17 Million shares (or 6.98% of all shares), a total value of $20.53 Million in shares.

The next largest institutional holding, with 3.65 Million shares, is of Blackrock Inc.’s that is approximately 6.1% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $17.94 Million.

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Also, the Mutual Funds coming in first place with the largest holdings of Xeris Pharmaceuticals, Inc. (XERS) shares are Invesco Oppenheimer Global Opportunities Fund and Vanguard Total Stock Market Index Fund. Data provided on Jan 30, 2021 indicates that Invesco Oppenheimer Global Opportunities Fund owns about 2,000,000 shares. This amounts to just over 3.35 percent of the company’s overall shares, with a $10.16 Million market value. The same data shows that the other fund manager holds slightly less at 1.32 Million, or about 2.21% of the stock, which is worth about $6.49 Million.

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