XP Inc (XP) concluded trading on Wednesday at a closing price of $16.80, with 4.32 million shares of worth about $72.6 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -23.50% during that period and on November 13, 2024 the price saw a loss of about -0.12%. 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 -6.30% in past 5 days and over the past one month there was a price change of -4.33%. Year-to-date (YTD), XP shares are showing a performance of -35.56% which decreased to -24.39% 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 6.00 million. The stock is currently trading -4.67% below its 20-day simple moving average (SMA20), while that difference is down -6.58% for SMA50 and it goes to -17.16% lower than SMA200.
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XP Inc (NASDAQ: XP) currently have 436.78M outstanding shares and institutions hold larger chunk of about 54.73% of that.
The stock has a current market capitalization of $9.21B and its 3Y-monthly beta is at 1.64. PE ratio of stock for trailing 12 months is 10.88, while it has posted earnings per share of $1.54 in the same period. Its PEG reads 0.81 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 3.06% while standing at 2.87% over the month.
Stock’s fiscal year EPS is expected to rise by 11.50% while it is estimated to increase by 15.22% 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.
