The stock of XP Inc. (NASDAQ:XP) increased by $0.08 on Monday to finish at $25.40, up 0.32 percent. The last five days have seen an average of 3,664,460 shares of common stock traded. 29 times new highs were reached in the current year, with a gain of $10.06. The average number of shares traded over the last 20 days was 4,594,820, while the average volume over the last 50 days totaled 5,605,410.
XP stock appreciated 11.11% since last month. On 07/17/23, the company’s shares reached a one-month low of $22.73. The stock touched a high of $27.67 on 07/25/23, after rallying from a low of $10.30 in 52 weeks. The price of XP stock has risen by 65.58% or $10.06 this year, reaching a new high 29 times. Still, the stock price is down -8.20% from the 52-week high.
Valuation Metrics
XP Inc. (XP) has a trailing price-to-earnings (P/E) ratio of 19.77. Beta for the stock is 1.65. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 5.29, the price-to-book (PB) ratio of 3.91, and the price-to-cash flow ratio of 20.04.
Financial Health
The company’s long-term debt to equity ratio for the quarter ending March 30 is 0.22, and the total debt to equity ratio is 2.65. XP Inc.’s operating margin stood at 29.20% for the same period. Based on annual data, it had gross profit of $1.82 billion and revenue of $2.59 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. XP’s return on assets (ROA) during the last 12 months has been 1.90%. There was a 5.70% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 20.80%.
Earnings Surprise
According to XP Inc.’s quarterly financial report for the quarter that ended March 30. A higher net income was reported in the quarter under review than the previous quarter. It was predicted that XP Inc.’s quarterly earnings would be $0.32, but it ended up being $0.28, beating the consensus by 14.30%. EBITDA was $207.0 million for the quarter. At the end of XP Inc.’s most recent quarter ended March 30, its liabilities totaled 34.15 billion, while its total debt was $75.88 billion.
Technical Picture
Here’s a quick look at XP Inc.’s (XP) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 43.62%, suggesting the stock is Neutral, with a 17.77% historical volatility rate.
The stochastic %K and %D were 18.87% and 25.47% respectively, while the average true range (ATR) was 0.94. Based on the 14-day stochastic reading of 29.23%, the RSI (14) reading is 52.51%. On the 9-day MACD Oscillator, the stock is at -0.54, and the 14-day reading is at -0.82.
Analyst Ratings
In its most recent analyst report, Credit Suisse raised its rating on XP Inc. (NASDAQ: XP) to a Neutral. Prior to this, analysts firm rated the stock as an Underperform. Analysts have assigned XP Inc. (XP) an Overweight rating. XP is a stock that is recommended for selling by 0 brokerage firms, while 5 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 7 others recommend it as a buy.
What is XP’s price target for the next 12 months?
The current consensus forecast for the stock is between $81.60 and $170.33, with a median target price of $124.81. In analyzing these forecasts, the average price target given by analysts for XP Inc. (XP) is $121.86.
