Intrexon Corporation (NYSE:XON) registered a 2.20% increase, still its new closing price is 2.60% up from the company’s 1 year high of 40.24.It posted 0.77% gains in previous 5 sessions and is now the subject of 2 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 7 stock analysts following this company have an average price target at $44.14, with individual PT in the $31.00-$57.00 range. The shares moved at $20.94, implying that brokerage firms see shares losing about -32.47% in twelve months time.
Intrexon Corporation (XON) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a -13.83% fall year to date. A CEO, 10% Owner at Intrexon Corporation (XON) acquired shares in a transaction closed on Tuesday December 13, 2016. KIRK RANDAL J bought 34,606 shares in the company at $28.9 each and collected $1,000,000 in proceeds. KIRK RANDAL J now owns 62,132,653 shares in the company after this transaction. A SVP, Finance in the company, LIFFMAN JOEL D, disclosed a transaction on Monday December 12, 2016 that ended up paying $243,000 from the purchase of 8,500 shares at $28.62 per share.
Intrexon Corporation (NYSE:XON) Upcoming Results on Tap
Intrexon Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.17 in that period. Sales during the quarter are predicted to arrive at $52.76 million.
Earnings surprise history: Last quarter, the company posted approximately $48.99 million in revenue and EPS of $-0.24. The mean forecast was for $51.7 million and $-0.21 a share, respectively. One quarter earlier, revenue for the stock was at $52.5 million, with earnings at $-0.42/share.
Intrexon Corporation (XON) Brokerage Update
Intrexon Corporation (XON) is in Mizuho’s research list so their analyst rating change is noteworthy. These shares were upgraded to Neutral from Underperform by Mizuho, according to news reported on Wednesday November 11, 2015.Another important research note was issued by JP Morgan on Tuesday August 11, 2015.The firm downgraded XON to Neutral from Overweight. Over the last six months and over the last three months, the shares of Intrexon Corporation (XON), have changed -26.24% and -20.80%, respectively.