During the recent session, Xeris Biopharma Holdings Inc (NASDAQ:XERS)’s traded shares were 0.55 million, with the beta value of the company hitting 1.12. At the last check today, the stock’s price was $5.53, reflecting an intraday loss of -1.69% or -$0.1. The 52-week high for the XERS share is $6.07, that puts it down -9.76 from that peak though still a striking 69.44% gain since the share price plummeted to a 52-week low of $1.69. The company’s market capitalization is $852.06M, and the average intraday trading volume over the past 10 days was 4.56 million shares, and the average trade volume was 2.50 million shares over the past three months.
Xeris Biopharma Holdings Inc (XERS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.33. XERS has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.04.
Xeris Biopharma Holdings Inc (NASDAQ:XERS) trade information
Xeris Biopharma Holdings Inc (XERS) registered a -1.69% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.69% in intraday trading to $5.53, hitting a weekly high. The stock’s 5-day price performance is -4.73%, and it has moved by 47.21% in 30 days. Based on these gigs, the overall price performance for the year is 170.00%. The short interest in Xeris Biopharma Holdings Inc (NASDAQ:XERS) is 11.21 million shares and it means that shorts have 3.4 day(s) to cover.
The consensus price target of analysts on Wall Street is $5, which implies a decrease of -10.6% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4 and $6.6 respectively. As a result, XERS is trading at a discount of -19.35% off the target high and 27.67% off the low.
Xeris Biopharma Holdings Inc (XERS) estimates and forecasts
In the rating firms’ projections, revenue will increase 29.17% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 57.61M as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 62.65M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 40.64M and 48.06M respectively. In this case, analysts expect current quarter sales to grow by 41.76% and then jump by 30.35% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 40.01%. While earnings are projected to return 83.57% in 2025.
XERS Dividends
Xeris Biopharma Holdings Inc is due to release its next quarterly earnings on 2025-Mar-05. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Xeris Biopharma Holdings Inc (NASDAQ:XERS)’s Major holders
Xeris Biopharma Holdings Inc insiders own 3.97% of total outstanding shares while institutional holders control 42.87%, with the float percentage being 44.64%. BLACKROCK INC. is the largest shareholder of the company, while 202.0 institutions own stock in it. As of 2024-06-30, the company held over 10.33 million shares (or 6.9649% of all shares), a total value of $23.25 million in shares.
The next largest institutional holding, with 7.66 million shares, is of VANGUARD GROUP INC’s that is approximately 5.4492% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $17.23 million.
Also, the Mutual Funds coming in first place with the largest holdings of Xeris Biopharma Holdings Inc (XERS) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 4.22 shares. This amounts to just over 2.74 percent of the company’s overall shares, with a $23.49 million market value. The same data shows that the other fund manager holds slightly less at 3.58, or about 2.33% of the stock, which is worth about $19.93 million.
