As of Thursday close, XP Inc.’s (NASDAQ:XP) stock was up $0.7, moving up 3.95 percent to $18.41. The average number of shares traded per day over the past five days has been 7,756,040 shares. 4 times new highs have been achieved over the past 5 days, with a $1.98 gain in that time frame. In the last twenty days, the average volume was 6,270,495, while in the previous 50 days, it was 6,203,544.
Since last month, XP stock rose 38.32%. Shares of the company fell to $12.78 on 04/26/23, the lowest level in the past month. A 52-week high of $25.30 was reached on 05/25/23 after having rallying from a 52-week low of $10.30. Since the beginning of this year, XP’s stock price has risen by 20.01% or $3.07, and marked a new high 14 times. However, the stock has declined by -27.23% since its 52-week high.
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Valuation Metrics
Right now, XP Inc. (XP) has a P/E ratio of about 14.54. The stock’s beta is 1.51. Besides these, the trailing price-to-sales (P/S) ratio of 3.65, the price-to-book (PB) ratio of 2.89.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.11, and the total debt-to-equity ratio was 2.30. In the year ended March 30, operating margins totaled 29.20%. Based on annual data, XP earned $1.82 billion in gross profit and brought in $2.59 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 5.70%. Return on equity (ROE) for the past 12 months was 20.80%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected XP Inc. to report $0.27 quarterly earnings, the actual figure was $0.31 per share, beating the consensus estimate by 14.80%. During the quarter, the company generated $207.0 million in EBITDA. The liabilities of XP Inc. were 34.15 billion at the end of its most recent quarter ended March 30, and its total debt was $54.29 billion.
Technical Picture
This quick technical analysis looks at XP Inc.’s (XP) price momentum. With a historical volatility rate of 36.09%, the RSI 9-day stood at 82.35% on 25 May.
With respect to its five-day moving average, the current XP Inc. price is up by +12.05% percent or $1.98. At present, XP shares trade +31.13% above its 20-day simple moving average and +20.01% percent above its 100-day simple moving average. However, the stock is currently trading approximately +67.97% above its SMA50 and -22.19% below its SMA200.
Stochastic coefficient K was 86.32% and Stochastic coefficient D was 87.85%, while ATR was 0.79. Given the Stochastic reading of 95.23% for the 14-day period, the RSI (14) reading has been calculated as 77.59%. As of today, the MACD Oscillator reading stands at 0.83, while the 14-day reading stands at 1.44.
Analyst Ratings
XP Inc. (XP) has been rated Overweight by analysts. According to 1 brokerage firm, XP is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate XP Inc. stock as buy, with 5 recommending it as overweight.
With a median target price of $96.16, the current consensus forecast for the stock is $73.25 – $119.05. Based on these forecasts, analysts predict XP Inc. (XP) will achieve an average price target of $92.86.