Why should you keep an eye on XP Inc (XP)?

XP Inc (NASDAQ: XP) is -4.30% lower on its value in year-to-date trading and has touched a low of $10.30 and a high of $27.71 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 XP stock was last observed hovering at around $24.66 in the last trading session, with the day’s gains setting it 0.29%.

Currently trading at $24.95, the stock is -1.56% and -0.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.87 million and changing 1.18% at the moment leaves the stock 9.37% off its SMA200. XP registered 50.94% gain for a year compared to 6-month loss of -2.80%. The firm has a 50-day simple moving average (SMA 50) of $2.03 and a 200-day simple moving average (SMA200) of $2.81.

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The stock witnessed a -0.28% gain in the last 1 month and extending the period to 3 months gives it a 13.98%, and is -4.99% 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 3.07% over the week and 3.40% over the month.

XP Inc (XP) has around Dec 12 2023 employees, a market worth around $13.67B and $2.85B in sales. Current P/E ratio is 19.41 and Fwd P/E is 13.58. Profit margin for the company is 25.28%. Distance from 52-week low is 142.23% and -9.96% from its 52-week high. The company has generated returns on investments over the last 12 months (14.44%).

XP Inc quarterly earnings per share for the current quarter are estimated at $0.4 with sales reaching $812.56M over the same period.The EPS is expected to grow by 17.09% this year, but quarterly earnings will post 10.30% year-over-year. Quarterly sales are estimated to grow 25.60% in year-over-year returns.

XP Inc (XP) Top Institutional Holders

423 institutions hold shares in XP Inc (XP), with institutional investors hold 71.33% of the company’s shares. The shares outstanding are 541.32M, and float is at 353.49M with Short Float at 2.20%. Institutions hold 65.70% of the Float.

The top institutional shareholder in the company is Dodge & Cox Inc with over 34.41 million shares valued at $807.17 million. The investor’s holdings represent 7.90% of the XP Shares outstanding. As of Jun 29, 2023, the second largest holder is General Atlantic, L.P. with 29.62 million shares valued at $694.83 million to account for 6.80% of the shares outstanding. The other top investors are FMR, LLC which holds 28.26 million shares representing 6.49% and valued at over $662.95 million, while Capital World Investors holds 4.42% of the shares totaling 19.25 million with a market value of $451.53 million.