XP Inc (XP) concluded trading on Wednesday at a closing price of $18.15, with 4.15 million shares of worth about $75.29 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -15.82% during that period and on October 16, 2024 the price saw a gain of about 3.36%. 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 5.65% in past 5 days and over the past one month there was a price change of -7.49%. Year-to-date (YTD), XP shares are showing a performance of -30.38% which decreased to -15.82% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $15.24 but also hit the highest price of $27.02 during that period. The average intraday trading volume for XP Inc shares is 6.33 million. The stock is currently trading 1.22% above its 20-day simple moving average (SMA20), while that difference is down -1.83% for SMA50 and it goes to -13.80% lower than SMA200.
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XP Inc (NASDAQ: XP) currently have 436.78M outstanding shares and institutions hold larger chunk of about 51.94% of that.
The stock has a current market capitalization of $9.95B and its 3Y-monthly beta is at 1.66. PE ratio of stock for trailing 12 months is 11.76, while it has posted earnings per share of $1.54 in the same period. Its PEG reads 0.88 while making debt-to-equity ratio of 3.83. 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 2.74% while standing at 3.15% over the month.
Stock’s fiscal year EPS is expected to rise by 11.50% while it is estimated to increase by 15.04% in next year. EPS is likely to shrink at an annualized rate of 13.38% 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 UBS on July 11, 2024 offering a Neutral rating for the stock and assigned a target price range of between $30 and $21 to it. Coverage by Goldman stated XP Inc (XP) stock as a Neutral in their note to investors on April 30, 2024, suggesting a price target of $23 for the stock. On April 23, 2024, Morgan Stanley Downgrade their recommendations, while on December 05, 2023, JP Morgan Upgrade their ratings for the stock with a price target of $30. Stock get a Neutral rating from Credit Suisse on July 20, 2023.
