The stock of XP Inc (XP) has gone down by -1.15% for the week, with a -0.99% drop in the past month and a 5.18% rise in the past quarter. The volatility ratio for the week is 3.32%, and the volatility levels for the past 30 days are 2.59% for XP. The simple moving average for the past 20 days is -0.90% for XP’s stock, with a -14.48% simple moving average for the past 200 days.
Is It Worth Investing in XP Inc (NASDAQ: XP) Right Now?
XP Inc (NASDAQ: XP) has a price-to-earnings ratio of 11.37x that is above its average ratio. Additionally, the 36-month beta value for XP is 1.66. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
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The public float for XP is 354.90M and currently, short sellers hold a 3.83% ratio of that float. The average trading volume of XP on November 05, 2024 was 6.09M shares.
XP) stock’s latest price update
XP Inc (NASDAQ: XP)’s stock price has dropped by -0.37 in relation to previous closing price of 17.62. Nevertheless, the company has seen a loss of -1.15% in its stock price over the last five trading days. seekingalpha.com reported 2024-09-06 that Q2 results demonstrated a solid performance in both growth and profitability. The company remains on track to meet its 2026 financial targets in terms of revenue and margins. I remain confident in XP’s business despite competitive threats and an uncertain macro environment.
Analysts’ Opinion of XP
Many brokerage firms have already submitted their reports for XP stocks, with UBS repeating the rating for XP by listing it as a “Neutral.” The predicted price for XP in the upcoming period, according to UBS is $21 based on the research report published on July 11, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see XP reach a price target of $23, previously predicting the price at $30. The rating they have provided for XP stocks is “Neutral” according to the report published on April 30th, 2024.
Morgan Stanley gave a rating of “Equal-Weight” to XP, setting the target price at $24 in the report published on April 23rd of the current year.
XP Trading at -3.28% 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 -35.04% of loss for the given period.
Volatility was left at 2.59%, however, over the last 30 days, the volatility rate increased by 3.32%, as shares sank -0.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.47% lower at present.
During the last 5 trading sessions, XP fell by -1.10%, which changed the moving average for the period of 200-days by -31.09% in comparison to the 20-day moving average, which settled at $17.71. In addition, XP Inc saw -32.66% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for XP
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.63 for the gross margin
The net margin for XP Inc stands at 0.3. The total capital return value is set at 0.02. Equity return is now at value 23.06, with 1.69 for asset returns.
Based on XP Inc (XP), the company’s capital structure generated 0.79 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 3.82. The interest coverage ratio of the stock is 4.44.
Currently, EBITDA for the company is 4.87 billion with net debt to EBITDA at 21.22. When we switch over and look at the enterprise to sales, we see a ratio of 8.8. The receivables turnover for the company is 0.53for trailing twelve months and the total asset turnover is 0.05.
Conclusion
In conclusion, XP Inc (XP) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
