Will XP Inc (XP) benefit from Wall Street bulls Calls?

XP Inc (NASDAQ: XP) is -32.80% lower on its value in year-to-date trading and has touched a low of $15.24 and a high of $27.02 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 $18.33 in the last trading session, with the day’s loss setting it -0.81%.

Currently trading at $17.52, the stock is -7.22% and -4.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.58 million and changing -4.42% at the moment leaves the stock -19.29% off its SMA200. XP registered -25.67% loss for a year compared to 6-month loss of -30.59%.

The stock witnessed a -9.13% gain in the last 1 month and extending the period to 3 months gives it a -2.23%, and is -9.97% 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 4.31% over the week and 3.26% over the month.

XP Inc (XP) has around 6669 employees, a market worth around $9.61B and $3.35B in sales. Current P/E ratio is 11.35 and Fwd P/E is 10.08. Profit margin for the company is 25.55%. Distance from 52-week low is 14.96% and -35.17% from its 52-week high. The company has generated returns on investments over the last 12 months (19.64%).

The EPS is expected to grow by 8.77% this year.

XP Inc (XP) Top Institutional Holders

The shares outstanding are 436.78M, and float is at 354.90M with Short Float at 2.98%.

The top institutional shareholder in the company is DODGE & COX with over 34.35 million shares valued at $604.27 million. The investor’s holdings represent 6.2639% of the XP Shares outstanding. As of 2024-06-30, the second largest holder is GENERAL ATLANTIC, L.P. with 29.62 million shares valued at $520.98 million to account for 5.4005 of the shares outstanding. The other top investors are CAPITAL WORLD INVESTORS which holds 28.75 million shares representing 5.2417% and valued at over $505.67 million, while MAWER INVESTMENT MANAGEMENT LTD. holds 3.5596 of the shares totaling 19.52 million with a market value of $343.39 million.