The stock of XP Inc. (NASDAQ:XP) increased by $0.16 on Monday to finish at $25.88, up 0.62 percent. The last five days have seen an average of 4,130,420 shares of common stock traded. 30 times new highs were reached in the current year, with a gain of $10.54. The average number of shares traded over the last 20 days was 4,109,720, while the average volume over the last 50 days totaled 5,270,956.
XP stock dropped -1.97% since last month. On 08/17/23, the company’s shares reached a one-month low of $23.58. The stock touched a high of $27.71 on 08/23/23, after rallying from a low of $10.30 in 52 weeks. The price of XP stock has risen by 68.71% or $10.54 this year, reaching a new high 30 times. Still, the stock price is down -6.60% from the 52-week high.
Valuation Metrics
XP Inc. (XP) has a trailing price-to-earnings (P/E) ratio of 19.31. Beta for the stock is 1.64. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 5.36, the price-to-book (PB) ratio of 3.62.
Financial Health
XP Inc.’s operating margin stood at 30.10% 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 1.80%. 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 20.50%.
Earnings Surprise
According to XP Inc.’s quarterly financial report for the quarter that ended June 29. 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 $0.41, but it ended up being $0.38, beating the consensus by 7.90%. EBITDA was $245.0 million for the quarter. At the end of XP Inc.’s most recent quarter ended June 29, its liabilities totaled 42.89 billion, while its total debt was $98.85 billion.
Technical Picture
Here’s a quick look at XP Inc.’s (XP) price momentum from a technical perspective. As of 28 August, the RSI 9-day stood at 51.77%, suggesting the stock is Neutral, with a 56.96% historical volatility rate.
The stochastic %K and %D were 57.44% and 67.93% respectively, while the average true range (ATR) was 1.06. Based on the 14-day stochastic reading of 55.74%, the RSI (14) reading is 53.20%. On the 9-day MACD Oscillator, the stock is at 0.37, and the 14-day reading is at 0.43.
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 4 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 8 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 $179.28, with a median target price of $138.88. In analyzing these forecasts, the average price target given by analysts for XP Inc. (XP) is $139.73.
