XPeng Inc. (NYSE:XPEV) finished Thursday with a subtraction of -$0.16 to close at $16.78, a downside of -0.94 percent. An average of 17,425,119 shares of common stock have been traded in the last five days. There was a fall of -$2.76 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 30,040,336 shares traded, while the 50-day average volume stands at 22,952,953.
XPEV stock has increased by 10.76% in the last month. The company shares reached their 1-month lowest point of $13.57 on 07/17/23. With the stock rallying to its 52-week high on 07/28/23, shares of the company touched a low of $6.18 and a high of $25.91 in 52 weeks. It has reached a new high 11 times so far this year and achieved 68.81% or $6.84 in price. In spite of this, the price is down -35.24% from the 52-week high.
Valuation Metrics
XPeng Inc. (XPEV) stock’s beta is 3.31. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.74, the price-to-book (PB) ratio at 3.01.
Financial Health
The quick ratio of XPeng Inc. for the three months ended March 30 was 1.50, and the current ratio was 1.70, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.17 and a total debt to equity ratio of 0.30 for the quarter ending March 30. Its gross profit as reported stood at $458.94 million compared to revenue of $3.99 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, XPeng Inc.’s return on assets was -14.00%.
Earnings Surprise
For the three-month period that ended March 30, XPeng Inc. had $187.43 million in cash and short-term investments compared to $685.04 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$1.36 billion in the quarter, while revenues were grew 46.79%. The analyst consensus anticipated XPeng Inc.’s latest quarter earnings to come in at -$0.26 per share, but it turned out to be -$0.38, a -46.20% surprise. For the quarter, EBITDA amounted to -$376.46 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at XPeng Inc. (XPEV) price momentum. RSI 9-day as of the close on 10 August was 44.78%, suggesting the stock is Neutral, with historical volatility in this time frame at 61.80%.
As of today, XPEV’s price is $17.69 -14.12% or -$2.76 from its 5-day moving average. XPEV is currently trading +19.52% higher than its 20-day SMA and +89.82% higher than its 100-day SMA. However, the stock’s current price level is +113.21% above the SMA50 and +106.40% above the SMA200.
The stochastic %K and %D were 28.57% and 35.82%, respectively, and the average true range (ATR) was 1.50. With the 14-day stochastic at 22.62% and the average true range at 1.44, the RSI (14) stands at 50.64%. The stock has reached -1.50 on the 9-day MACD Oscillator while the 14-day reading was at -1.58.
Analyst Ratings
CLSA upgraded XPeng Inc. (NYSE: XPEV) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as an Outperform. The consensus rating for XPeng Inc. (XPEV) among analysts is Overweight. According to current brokerage recommendations, 5 brokerage firms advise that investors sell XPEV, while 10 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 23 others rate it as a “buy”.
What is XPEV’s price target for the next 12 months?
Analysts predict a range of price targets between $17.99 and $200.11, with a median target of $102.98. Taking a look at these predictions, the average price target given by analysts for XPeng Inc. (XPEV) stock is $104.68.
