X4 Pharmaceuticals Inc (NASDAQ: XFOR) Surprises Bears, Looks Strong Going Forward

EVTL

In the last trading session, 2.23 million X4 Pharmaceuticals Inc (NASDAQ:XFOR) shares changed hands as the company’s beta touched 0.49. With the company’s per share price at $0.59 changed hands at -$0.07 or -10.72% during last session, the market valuation stood at $99.77M. XFOR’s last price was a discount, traded about -171.19% off its 52-week high of $1.60. The share price had its 52-week low at $0.47, which suggests the last value was 20.34% up since then. When we look at X4 Pharmaceuticals Inc’s average trading volume, we note the 10-day average is 1.55 million shares, with the 3-month average coming to 1.08 million.

Analysts gave the X4 Pharmaceuticals Inc (XFOR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.33. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended XFOR as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

X4 Pharmaceuticals Inc (NASDAQ:XFOR) trade information

Instantly XFOR was in red as seen at the end of in last trading. With action 6.45%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -29.39%, with the 5-day performance at 6.45% in the green. However, in the 30-day time frame, X4 Pharmaceuticals Inc (NASDAQ:XFOR) is 6.13% up. Looking at the short shares, we see there were 12.66 million shares sold at short interest cover period of 11.7 days.

The consensus price target for the stock as assigned by Wall Street analysts is 3, meaning bulls need an upside of 80.33% from its current market value. According to analyst projections, XFOR’s forecast low is 3 with 5 as the target high. To hit the forecast high, the stock’s price needs a -747.46% plunge from its current level, while the stock would need to soar -408.47% for it to hit the projected low.

X4 Pharmaceuticals Inc (XFOR) estimates and forecasts

Data shows that the X4 Pharmaceuticals Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -39.91% over the past 6 months, a 61.40% in annual growth rate that is considerably higher than the industry average of 17.10%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 73.95%. The 2024 estimates are for X4 Pharmaceuticals Inc earnings to increase by 80.70%.

XFOR Dividends

X4 Pharmaceuticals Inc is expected to release its next quarterly earnings report in December.

X4 Pharmaceuticals Inc (NASDAQ:XFOR)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 1.15% of X4 Pharmaceuticals Inc shares while 66.69% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 67.46%. There are 66.69% institutions holding the X4 Pharmaceuticals Inc stock share, with BAIN CAPITAL LIFE SCIENCES INVESTORS, LLC the top institutional holder. As of 2024-06-30, the company held 8.4582% of the shares, roughly 16.92 million XFOR shares worth $9.81 million.

NEA MANAGEMENT COMPANY, LLC holds the second largest percentage of outstanding shares, with 7.4937% or 14.99 million shares worth $8.69 million as of 2024-06-30.