With 6.44 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.88 million shares. During the session, the Capital Markets company that operates in wider Financial sector, reached to the highest price of $11.93 whereas the lowest price it dropped to was $11.61. The 52-week range on XP shows that it touched its highest point at $26.78 and its lowest point at $10.82 during that stretch. It currently has a 1-year price target of $19.04. XP paid its most recent dividend on 1702339200, while the ex-dividend date for that was 1702339200. Beta for the stock currently stands at 1.59.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of XP was up-trending over the past week, with a rise of 6.05%, but this was down by -9.15% over a month. Three-month performance dropped to -33.81% while six-month performance fell -36.26%. The stock lost -53.82% in the past year, while it has gained 0.59% so far this year. A look at the trailing 12-month EPS for XP yields 1.53 with Next year EPS estimates of 1.57. For the next quarter, that number is 0.37. This implies an EPS growth rate of 8.70% for this year and 12.61% for next year. EPS is expected to grow by 12.02% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 44.60%.
Float and Shares Shorts:
At present, 433.63 million XP shares are outstanding with a float of 354.90 million shares on hand for trading. On 2024-10-31, short shares totaled 11.66 million, which was 218.00000000000003 higher than short shares on 1727654400. In addition to Mr. Guilherme Dias Fernandes Benchimol as the firm’s Founder & Executive Chairman, Mr. Thiago Maffra serves as its Chief Executive Officer.
Institutional Ownership:
Through their ownership of 0.87517 of XP’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, XP reported revenue of $1940485000.0 and operating income of -$964106000.0. The EBITDA in the recently reported quarter was -$895358000.0 and diluted EPS was $2.1782.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for XP since 9 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With XP analysts setting a high price target of 27.554949 and a low target of 13.078865, the average target price over the next 12 months is 19.641058. Based on these targets, XP could surge 131.17% to reach the target high and rise by 9.72% to reach the target low. Reaching the average price target will result in a growth of 64.77% from current levels.
Analysts have provided yearly estimates in a range of $14.15941 being high and $2.62769 being low. For XP, this leads to a yearly average estimate of $8.40192. Based on analyst estimates, the high estimate for the next quarter is $2.27 and the low estimate is $2.27. The average estimate for the next quarter is thus $2.27.
