Analysis Of The Weekly Performance Of XP Inc. (XP)

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XP Inc. (NASDAQ:XP) finished Thursday with an addition of $0.35 to close at $15.25, an upside of 2.35 percent. An average of 2,786,300 shares of common stock have been traded in the last five days. There was a fall of -$0.14 in the past week, and it reached a new high 13 times over the past 12 months. The last 20 days have seen an average of 4,372,245 shares traded, while the 50-day average volume stands at 4,619,448.

XP stock has decreased by -7.52% in the last month. The company shares reached their 1-month lowest point of $13.77 on 12/19/22. With the stock rallying to its 52-week high on 02/16/22, shares of the company touched a low of $13.77 and a high of $36.36 in 52 weeks. It has reached a new high 11 times so far this year and lost -46.94% or -$13.49 in price. In spite of this, the price is down -58.06% from the 52-week high.


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Valuation Metrics

XP Inc. (XP) has a trailing price-to-earnings (P/E) ratio of 11.89. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.14, the price-to-book (PB) ratio at 2.51.

Financial Health

Further, the company has a long term debt to equity ratio of 0.11 and a total debt to equity ratio of 2.45 for the quarter ending June 29. Its gross profit as reported stood at $1.49 billion compared to revenue of $2.24 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, XP Inc.’s return on assets was 2.30%.

Earnings Surprise

The analyst consensus anticipated XP Inc.’s latest quarter earnings to come in at $0.31 per share, but it turned out to be $0.35, a 12.90% surprise. For the quarter, EBITDA amounted to $223.87 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at XP Inc. (XP) price momentum. RSI 9-day as of the close on 29 December was 48.12%, suggesting the stock is Neutral, with historical volatility in this time frame at 62.44%.

As of today, XP’s price is $15.04 -0.91% or -$0.14 from its 5-day moving average. XP is currently trading -12.91% lower than its 20-day SMA and -38.16% lower than its 100-day SMA. However, the stock’s current price level is -12.56% below the SMA50 and -47.67% below the SMA200.

The stochastic %K and %D were 41.14% and 38.59%, respectively, and the average true range (ATR) was 0.76. With the 14-day stochastic at 59.77% and the average true range at 0.80, the RSI (14) stands at 44.96%. The stock has reached 0.03 on the 9-day MACD Oscillator while the 14-day reading was at -0.05.

Analyst Ratings

JP Morgan downgraded XP Inc. (NASDAQ: XP) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as an Overweight. The consensus rating for XP Inc. (XP) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell XP, while 5 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 6 others rate it as a “buy”.

What is XP’s price target for the next 12 months?

Analysts predict a range of price targets between $88.18 and $187.55, with a median target of $129.68. Taking a look at these predictions, the average price target given by analysts for XP Inc. (XP) stock is $132.15.

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