XP Inc (XP) concluded trading on Tuesday at a closing price of $17.40, with 4.36 million shares of worth about $75.79 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -29.10% during that period and on June 18, 2024 the price saw a gain of about 1.93%. Currently the company’s common shares owned by public are about 436.78M shares, out of which, 354.90M shares are available for trading.
Stock saw a price change of -6.65% in past 5 days and over the past one month there was a price change of -19.70%. Year-to-date (YTD), XP shares are showing a performance of -33.26% which decreased to -21.37% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $16.75 but also hit the highest price of $27.71 during that period. The average intraday trading volume for XP Inc shares is 5.43 million. The stock is currently trading -7.28% below its 20-day simple moving average (SMA20), while that difference is down -15.89% for SMA50 and it goes to -25.08% lower than SMA200.
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XP Inc (NASDAQ: XP) currently have 436.78M outstanding shares and institutions hold larger chunk of about 53.77% of that.
The stock has a current market capitalization of $9.54B and its 3Y-monthly beta is at 1.65. PE ratio of stock for trailing 12 months is 11.40, while it has posted earnings per share of $1.53 in the same period. Its PEG reads 0.83 while making debt-to-equity ratio of 3.66. 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 3.48% while standing at 3.39% over the month.
Stock’s fiscal year EPS is expected to rise by 9.34% while it is estimated to increase by 18.65% in next year. EPS is likely to shrink at an annualized rate of 13.70% for next 5-years, compared to annual growth of 44.60% made by the stock over the past 5-years.
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 Goldman on April 30, 2024 offering a Neutral rating for the stock and assigned a target price range of between $30 and $23 to it. Coverage by Morgan Stanley stated XP Inc (XP) stock as an Equal-weight in their note to investors on April 23, 2024, suggesting a price target of $24 for the stock. On December 05, 2023, JP Morgan Upgrade their recommendations, while on July 20, 2023, Credit Suisse Upgrade their ratings for the stock with a price target of $26. Stock get a Buy rating from BofA Securities on June 22, 2023.
