XP Inc (NASDAQ: XP) has a price-to-earnings ratio that is above its average at 18.26x. and a 36-month beta value of 1.69. Opinions on the stock are mixed, with 8 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The average price predicted for XP Inc (XP) by analysts is $144.66, which is $5.46 above the current market price. The public float for XP is 340.36M, and at present, short sellers hold a 3.18% of that float. On November 21, 2023, the average trading volume of XP was 5.10M shares.
XP) stock’s latest price update
The stock price of XP Inc (NASDAQ: XP) has dropped by 0.00 compared to previous close of 23.47. Despite this, the company has seen a gain of 5.63% in its stock price over the last five trading days. Seeking Alpha reported 2023-11-13 that XP Inc. (NASDAQ:XP ) Q3 2023 Earnings Conference Call November 13, 2023 5:00 PM ET Company Participants Antonio Guimaraes – Investor Relations Thiago Maffra – Chief Executive Officer Bruno Constantino – Chief Financial Officer Conference Call Participants Jorge Kuri – Morgan Stanley Mario Pierry – Bank of America Tito Labarta – Goldman Sachs Gabriel Gusan – Citi Eduardo Rosman – BTG Thiago Batista – UBS Neha Agarwala – HSBC Geoffrey Elliott – Autonomous Research Yuri Fernandes – JPMorgan Antonio Guimaraes Good evening, everyone. I’m Antonio Guimaraes, Investor Relations at XP.
XP’s Market Performance
XP’s stock has risen by 5.63% in the past week, with a monthly rise of 11.02% and a quarterly drop of -10.49%. The volatility ratio for the week is 4.68% while the volatility levels for the last 30 days are 4.21% for XP Inc The simple moving average for the last 20 days is 9.49% for XP’s stock, with a simple moving average of 20.19% for the last 200 days.
Analysts’ Opinion of XP
Many brokerage firms have already submitted their reports for XP stocks, with Credit Suisse repeating the rating for XP by listing it as a “Neutral.” The predicted price for XP in the upcoming period, according to Credit Suisse is $26 based on the research report published on July 20, 2023 of the current year 2023.
XP Trading at 4.79% from the 50-Day Moving Average
After a stumble in the market that brought XP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.30% of loss for the given period.
Volatility was left at 4.21%, however, over the last 30 days, the volatility rate increased by 4.68%, as shares surge +9.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.86% lower at present.
During the last 5 trading sessions, XP rose by +5.63%, which changed the moving average for the period of 200-days by +34.50% in comparison to the 20-day moving average, which settled at $21.54. In addition, XP Inc saw 53.00% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for XP
Current profitability levels for the company are sitting at:
- +28.55 for the present operating margin
- +70.22 for the gross margin
The net margin for XP Inc stands at +26.14. The total capital return value is set at 6.81, while invested capital returns managed to touch 17.57. Equity return is now at value 19.97, with 1.78 for asset returns.
Based on XP Inc (XP), the company’s capital structure generated 311.47 points at debt to equity in total, while total debt to capital is 75.70. Total debt to assets is 27.63, with long-term debt to equity ratio resting at 35.53. Finally, the long-term debt to capital ratio is 8.63.
When we switch over and look at the enterprise to sales, we see a ratio of 7.79, with the company’s debt to enterprise value settled at 0.55. The receivables turnover for the company is 0.78 and the total asset turnover is 0.09.
Conclusion
To sum up, XP Inc (XP) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
