XP Inc. (NASDAQ: XP) is 15.71% higher on its value in year-to-date trading and has touched a low of $13.76 and a high of $36.36 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The XP stock was last observed hovering at around $17.63 in the last trading session, with the day’s gains setting it 0.12% off its average median price target of $127.77 for the next 12 months. It is also 88.42% off the consensus price target high of $153.32 offered by 12 analysts, but current levels are 79.5% higher than the price target low of $86.58 for the same period.
Currently trading at $17.75, the stock is 14.04% and 8.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.67 million and changing 0.68% at the moment leaves the stock -9.58% off its SMA200. XP registered -40.22% loss for a year compared to 6-month loss of -5.99%.
The stock witnessed a 15.33% gain in the last 1 month and extending the period to 3 months gives it a -1.66%, and is 9.70% up 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 3.61% over the week and 4.07% over the month.
XP Inc. (XP) has around 6192 employees, a market worth around $9.65B and $2.60B in sales. Current P/E ratio is 13.98 and Fwd P/E is 2.30. Profit margin for the company is 28.20%. Distance from 52-week low is 29.00% and -51.18% from its 52-week high. The company has generated returns on investments over the last 12 months (7.50%).
XP Inc. (XP) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for XP Inc. (XP) is a “Overweight”. 12 analysts offering their recommendations for the stock have an average rating of 2.40, where 6 rate it as a Hold and 0 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
XP Inc. is expected to release its quarterly report on 05/02/2023.The EPS is expected to grow by 68.50% this year.
XP Inc. (XP) Top Institutional Holders
The shares outstanding are 555.71M, and float is at 402.36M with Short Float at 4.57%.