Qualtrics International Inc. (NASDAQ:XM) traded at $37.35 at close of the session on Monday, May 03, made a downturn move of -3.21% on its previous day’s price.
Looking at the stock we see that its previous close was $38.59 and the beta (5Y monthly) reads 0 with the day’s price range being $37.20 – 38.90. The company has a trailing 12-month PE ratio of 0. In terms of its 52-week price range, XM has a high of $57.28 and a low of $30.49. The company’s stock has gained about 13.49% over that past 30 days.
Qualtrics International Inc. has a market cap of $19.78 Billion and is expected to release its quarterly earnings report on April 21, 2021. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the XM stock to lose ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of -$0.02, with the EPS growth for the year unchanged at -$0.11 for 2021 and -$0.07 for next year. These figures represent 0% and -0.36% growth in EPS for the two years respectively.
Based on estimates by 18 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 6 have rated the Qualtrics International Inc. (XM) stock as a Hold, while 11 rate it as a Buy. 1 analyst(s) rate it as outperform while none of them rated it as underperform, whereas none suggest the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the XM stock currently stands at 0, and the current price level is 6.2% off its SMA20 and 3.2% from its 50-day simple moving average. The RSI (14) is pointing at 52.45 while the volatility over the past week is 6.29% and drops to 5.41% over the past one month. The beta value is 0, while the average true range (ATR) is currently pointing at 2.27. The average price target for the stock over the next 12 months is $47.53, with the estimates having a low of $35 and a high of $60. These price ends are -6.29% and +60.64% off the current price level respectively, although investors could be excited at the prospect of a +25.84% if the XM share price touches on the median price of $47.
Let’s briefly compare Qualtrics International Inc. (XM) stock to its peers. We find that current price change of -3.21% and 0% over the past 12 months for XM competes that of Paypal Holdings (PYPL), which has seen its stock price fall -2.08% in the last trading session and was +113.24% over the last one year. Another of its peers Square (SQ) has dropped -1.19% previous session, and was +275.84% up over the past year, while Snap Inc (SNAP) was also down -3.21% in the last session, while its price remained in the red at 0% over the same period. Qualtrics International Inc. has a P/E ratio of 0 compared to Paypal Holdings’ 74.14 and Square’s 850.07. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial were at -0.72% and -0.54%, respectively, at close of the trading.
Coming back to Qualtrics International Inc. (NASDAQ:XM), we note that the average 3-month trading volume was 2.59 Million, while that of the preceding 10-day period stands at 948.27 Million. Current shares outstanding are 89.28 Million.
According to data from Thomson Reuters, insiders hold 46% of the company’s shares while institutions hold 48.97%. The data shows that short shares as of April 14, 2021, stood at 1.67 Million at a short ratio of 1.33. This represents a 0.33% short interest in shares outstanding on April 14, 2021. Shares short rose in April from the previous month at 1.55 Million. Investors should be worried about this stock as its upside potential is weak, with current price pushing the stock -17.91% down in year-to-date price movement.