XP Inc (XP) Stock Could Soon Reward Patient Investors

XP Inc (NASDAQ: XP) is 33.25% higher on its value in year-to-date trading and has touched a low of $10.82 and a high of $22.80 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 $15.89 in the last trading session, with the day’s loss setting it -0.1%.

Currently trading at $15.79, the stock is 7.12% and 8.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.53 million and changing -0.63% at the moment leaves the stock 0.81% off its SMA200. XP registered -25.27% loss for a year compared to 6-month loss of -9.56%.

The stock witnessed a 21.56% gain in the last 1 month and extending the period to 3 months gives it a 12.79%, and is -2.29% 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 2.37% over the week and 3.87% over the month.

XP Inc (XP) has around 7442 employees, a market worth around $8.49B and $3.23B in sales. Current P/E ratio is 10.33 and Fwd P/E is 8.58. Profit margin for the company is 25.94%. Distance from 52-week low is 45.93% and -30.73% from its 52-week high. The company has generated returns on investments over the last 12 months (20.00%).

The EPS is expected to grow by 12.40% this year.

XP Inc (XP) Top Institutional Holders

The shares outstanding are 434.05M, and float is at 370.45M with Short Float at 4.19%.

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 6.2292% 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 5.3705 of the shares outstanding. The other top investors are CAPITAL WORLD INVESTORS which holds 28.75 million shares representing 5.2126% and valued at over $505.67 million, while MAWER INVESTMENT MANAGEMENT LTD. holds 3.5399 of the shares totaling 19.52 million with a market value of $343.39 million.