XP Inc (XP) concluded trading on 01/03/24 at a closing price of $25.00, with 4.76 million shares of worth about $119.11 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.07% during that period and on Wednesday the price saw a loss of about -2.27%. Currently the company’s common shares owned by public are about 541.32M shares, out of which, 340.39M shares are available for trading.
XP Inc (NASDAQ: XP) started trading at $25.15, below -$0.43 from concluding price of the previous day. However, the stock later moved at a day high price of 25.39, or with a loss of -2.27%. Stock saw a price change of -5.02% in past 5 days and over the past one month there was a price change of 4.52%. Year-to-date (YTD), XP shares are showing a performance of -4.10% which increased to 62.97% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.30 but also hit the highest price of $27.71 during that period. The average intraday trading volume for XP Inc shares is 5.29 million. The stock is currently trading 0.16% above its 20-day simple moving average (SMA20), while that difference is up 7.83% for SMA50 and it goes to 18.44% higher than SMA200.
XP Inc (NASDAQ: XP) currently have 541.32M outstanding shares and institutions hold larger chunk of about 46.30% of that.
The stock has a current market capitalization of $13.70B and its 3Y-monthly beta is at 1.69. PE ratio of stock for trailing 12 months is 19.45, while it has posted earnings per share of $1.29 in the same period. Its PEG reads 1.42 while making debt-to-equity ratio of 3.07. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for XP, volatility over the week remained 1.92% while standing at 3.43% over the month.
Analysts are in expectations that XP Inc (XP) stock would likely to be making an EPS of $0.43 in the current quarter, while forecast for next quarter EPS is $0.45 and it is $1.93 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.36 which is $0.47 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.32 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 19.24% while it is estimated to increase by 24.92% in next year. EPS is likely to shrink at an annualized rate of 13.70% for next 5-years, compared to annual growth of 39.65% made by the stock over the past 5-years.
Analysts at 10 brokerage firms have issued recommendations for the XP Inc (XP)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.20. Out of those 10 Wall Street analysts, 9 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on December 05, 2023 offering an Overweight rating for the stock and assigned a target price range of between $27 and $30 to it.
