Reviewing The Case For XP Inc (XP) Going Higher

Currently, there are 541.32M common shares owned by the public and among those 353.49M shares have been available to trade.

The company’s stock has a 5-day price change of 0.72% and 8.15% over the past three months. XP shares are trading -3.30% year to date (YTD), with the 12-month market performance up to 58.65% higher. It has a 12-month low price of $10.30 and touched a high of $27.71 over the same period. XP has an average intraday trading volume of 5.32 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.07%, 0.07%, and 8.92% respectively.

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

Institutional ownership of XP Inc (NASDAQ: XP) shares accounts for 48.55% of the company’s 541.32M shares outstanding.

It has a market capitalization of $13.82B and a beta (3y monthly) value of 1.69. The stock’s trailing 12-month PE ratio is 19.61, while the earnings-per-share (ttm) stands at $1.29. The company has a PEG of 1.43 and the debt-to-equity ratio at 3.07. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.02% over the week and 3.27% over the month.

Analysts forecast that XP Inc (XP) will achieve an EPS of $XPF/BRX for the current quarter, $0.04 for the next quarter and $Currency for Type. The lowest estimate earnings-per-share for the quarter is $XPeng Inc. while analysts give the company a high EPS estimate of $Tidal ETF Trust II The Meet Kev. Comparatively, EPS for the current quarter was $BP p.l.c. a year ago. Earnings per share for the fiscal year are expected to increase by 16.76%, and 25.15% over the next financial year. EPS should shrink at an annualized rate of 13.70% over the next five years, compared to 39.65% over the past 5-year period.

Looking at the support for the XP, a number of firms have released research notes about the stock. JP Morgan stated their Overweight rating for the stock in a research note on December 05, 2023, with the firm’s price target at $27-$30. Credit Suisse coverage for the XP Inc (XP) stock in a research note released on July 20, 2023 offered a Neutral rating with a price target of $26. BofA Securities was of a view on June 22, 2023 that the stock is Buy, while Credit Suisse gave the stock Underperform rating on February 17, 2023, issuing a price target of $27- $15. JP Morgan on their part issued Neutral rating on August 11, 2022.

Most Popular

Related Posts