As of Wednesday close, XPeng Inc.’s (NYSE:XPEV) stock was down -$1.14, moving down -6.52 percent to $16.35. The average number of shares traded per day over the past five days has been 10,063,860 shares. 2 times new highs have been achieved over the past 5 days, with a -$1.72 fall in that time frame. In the last twenty days, the average volume was 13,873,765, while in the previous 50 days, it was 21,217,316.
Since last month, XPEV stock retreated -0.49%. Shares of the company fell to $15.45 on 08/22/23, the lowest level in the past month. A 52-week high of $23.62 was reached on 07/28/23 after having rallying from a 52-week low of $6.18. Since the beginning of this year, XPEV’s stock price has risen by 64.49% or $6.41, and marked a new high 11 times. However, the stock has declined by -30.78% since its 52-week high.
Valuation Metrics
The stock’s beta is 3.29. Besides these, the trailing price-to-sales (P/S) ratio of 4.90, the price-to-book (PB) ratio of 3.14.
Financial Health
In the three months ended June 29, XPeng Inc.’s quick ratio stood at 1.60, while its current ratio was 1.70, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.19, and the total debt-to-equity ratio was 0.34. On the profitability front, the trailing twelve-month gross margin is 5.90% percent. In the year ended June 29, EBITDA margin amounted to -27.76%, whereas operating margins totaled -49.20%. Based on annual data, XPEV earned $458.94 million in gross profit and brought in $3.99 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 -19.10%. Return on equity (ROE) for the past 12 months was -27.50%.
In XPeng Inc.’s quarter-end financial report for June 29, it reported total debt of $685.04 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. XPEV’s revenue rose 21.85% during the quarter, while net income inched up to $3.99 billion. While analysts expected XPeng Inc. to report -$0.32 quarterly earnings, the actual figure was -$0.45 per share, beating the consensus estimate by -40.60%. During the quarter, the company generated -$426.16 million in EBITDA. The liabilities of XPeng Inc. were 4.69 billion at the end of its most recent quarter ended June 29, and its total debt was $15.31 billion.
Technical Picture
This quick technical analysis looks at XPeng Inc.’s (XPEV) price momentum. With a historical volatility rate of 58.62%, the RSI 9-day stood at 35.10% on 20 September.
With respect to its five-day moving average, the current XPeng Inc. price is down by -9.52% percent or -$1.72. At present, XPEV shares trade +2.57% above its 20-day simple moving average and +68.04% percent above its 100-day simple moving average. However, the stock is currently trading approximately +9.22% above its SMA50 and +63.99% above its SMA200.
Stochastic coefficient K was 21.03% and Stochastic coefficient D was 33.70%, while ATR was 1.09. Given the Stochastic reading of 2.70% for the 14-day period, the RSI (14) reading has been calculated as 42.38%. As of today, the MACD Oscillator reading stands at -0.51, while the 14-day reading stands at -0.65.
Analyst Ratings
BofA Securities upgraded its rating on XPeng Inc. (NYSE: XPEV) to a Buy in a note to investors on August 21, 2023. The analysts firm previously had a Neutral rating on the stock.XPeng Inc. (XPEV) has been rated Overweight by analysts. According to 7 brokerage firms, XPEV is a sell, and 11 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 3 analysts rate XPeng Inc. stock as buy, with 20 recommending it as overweight.
With a median target price of $116.64, the current consensus forecast for the stock is $16.75 – $185.30. Based on these forecasts, analysts predict XPeng Inc. (XPEV) will achieve an average price target of $115.60.
