XPeng Inc. (NYSE: XPEV) is -4.55% lower on its value in year-to-date trading and has touched a low of $17.11 and a high of $74.49 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The XPEV stock was last observed hovering at around $41.15 in the last trading session, with the day’s loss setting it -0.27% off its average median price target of $381.72 for the next 12 months. It is also 90.96% off the consensus price target high of $452.26 offered by 13 analysts, but current levels are 73.09% higher than the price target low of $151.91 for the same period.
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Currently trading at $40.88, the stock is -16.08% and -13.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.14 million and changing -0.66% at the moment leaves the stock 12.32% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $48.12 and a 200-day simple moving average (SMA200) of $36.43.
The stock witnessed a -22.07% In the last 1 monthand extending the period to 3 months gives it a -4.73%, and is -13.26% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.11% over the week and 6.84% over the month.
XPeng Inc. (XPEV) has around 3676 employees, a market worth around $32.50B and $407.80M in sales. Profit margin for the company is 0.00%. Distance from 52-week low is 138.92% and -45.12% from its 52-week high. The company has generated returns on investments over the last 12 months (81.10%).
XPeng Inc. (XPEV) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for XPeng Inc. (XPEV) is a “Overweight”. 13 analysts offering their recommendations for the stock have an average rating of 2.40, where 2 rate it as a Hold and 0 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.
XPeng Inc. is expected to release its quarterly report on 06/02/2021 and quarterly earnings per share for the current quarter are estimated at -$0.15 with sales reaching $394.47M over the same period.The EPS is expected to shrink by -105.90% this year.
XPeng Inc. (XPEV) Top Institutional Holders
220 institutions hold shares in XPeng Inc. (XPEV), with 9.76M shares held by insiders accounting for 1.37% while institutional investors hold 21.01% of the company’s shares. The shares outstanding are 795.12M, and float is at 347.38M with Short Float at 6.87%. Institutions hold 20.72% of the Float.
The top institutional shareholder in the company is Aspex Management (HK) Ltd with over 10.38 million shares valued at $208.32 million. The investor’s holdings represent 2.14% of the XPEV Shares outstanding. As of Dec 30, 2020, the second largest holder is FMR, LLC with 10.03 million shares valued at $429.68 million to account for 2.07% of the shares outstanding. The other top investors are Blackrock Inc. which holds 8.79 million shares representing 1.81% and valued at over $376.28 million, while Capital World Investors holds 1.75% of the shares totaling 8.52 million with a market value of $170.94 million.