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Are we looking at the next big move in XP Inc (XP)?

XP Inc (NASDAQ: XP) is -35.33% 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 $16.63 in the last trading session, with the day’s gains setting it 0.23%.

Currently trading at $16.86, the stock is -3.17% and -5.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.97 million and changing 1.38% at the moment leaves the stock -16.33% off its SMA200. XP registered -27.67% loss for a year compared to 6-month loss of -21.91%. The firm has a 50-day simple moving average (SMA 50) of $17.9126 and a 200-day simple moving average (SMA200) of $20.19795.

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The stock witnessed a -7.11% gain in the last 1 month and extending the period to 3 months gives it a -13.76%, and is -2.82% 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 2.38% over the week and 2.88% over the month.

XP Inc (XP) has around 6669 employees, a market worth around $9.22B and $3.35B in sales. Current P/E ratio is 10.92 and Fwd P/E is 9.92. Profit margin for the company is 25.55%. Distance from 52-week low is 10.63% and -37.61% from its 52-week high. The company has generated returns on investments over the last 12 months (19.64%).

with sales reaching $4.38B over the same period.The EPS is expected to grow by 10.37% this year, but quarterly earnings will post 16.64% year-over-year. Quarterly sales are estimated to grow 5.88% in year-over-year returns.

XP Inc (XP) Top Institutional Holders

The shares outstanding are 436.78M, and float is at 354.90M with Short Float at 3.29%.

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.

XP Inc (XP) Insider Activity

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