Xenon Pharmaceuticals (XENE) to Release Quarterly Earnings on Tuesday

Xenon Pharmaceuticals (NASDAQ:XENE) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, November 6th. Analysts expect the company to announce earnings of ($0.47) per share for the quarter.

Xenon Pharmaceuticals (NASDAQ:XENE) last released its quarterly earnings results on Tuesday, August 7th. The biopharmaceutical company reported ($0.45) EPS for the quarter, beating the consensus estimate of ($0.49) by $0.04. On average, analysts expect Xenon Pharmaceuticals to post $-1 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

XENE stock opened at $10.68 on Monday. Xenon Pharmaceuticals has a 12 month low of $2.10 and a 12 month high of $15.92. The firm has a market capitalization of $205.71 million, a P/E ratio of -6.21 and a beta of 1.20. The company has a quick ratio of 20.83, a current ratio of 20.83 and a debt-to-equity ratio of 0.41.

XENE has been the subject of several research reports. Jefferies Financial Group reiterated a “buy” rating and issued a $16.00 price target on shares of Xenon Pharmaceuticals in a research report on Friday, August 10th. Stifel Nicolaus upped their price target on shares of Xenon Pharmaceuticals from $9.00 to $15.00 and gave the company a “buy” rating in a research report on Wednesday, August 8th. BidaskClub downgraded shares of Xenon Pharmaceuticals from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 22nd. Finally, Zacks Investment Research upgraded shares of Xenon Pharmaceuticals from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a research report on Saturday, October 13th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $14.33.

About Xenon Pharmaceuticals

Xenon Pharmaceuticals Inc, a clinical-stage biopharmaceutical company, engages in developing therapeutics to treat patients with neurological disorders in Canada. The company uses Extreme Genetics, a core enabling discovery platform for the discovery of validated drug targets by studying rare human diseases with extreme traits, including diseases caused by mutations in ion channels, known as channelopathies.

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Earnings History for Xenon Pharmaceuticals (NASDAQ:XENE)

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