XPeng Inc. (NYSE:XPEV) traded at $29.91 at close of the session on Monday, May 03, made a downturn move of -2% on its previous day’s price.
Looking at the stock we see that its previous close was $30.52 and the beta (5Y monthly) reads 0 with the day’s price range being $29.43 – 31.00. The company has a trailing 12-month PE ratio of 0. In terms of its 52-week price range, XPEV has a high of $74.49 and a low of $17.11. The company’s stock has gained about -18.08% over that past 30 days.
XPeng Inc. has a market cap of $24.49 Billion and is expected to release its quarterly earnings report in June. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the XPEV stock to lose ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of -$0.15, with the EPS growth for the year raised at -$0.74 for 2021 and -$0.51 for next year. These figures represent -0.39% and -0.31% growth in EPS for the two years respectively.
Based on estimates by 13 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 2 have rated the XPeng Inc. (XPEV) stock as a Hold, while 11 rate it as a Buy. None 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 Buy and investors could take advantage and scoop up stock of the company.
Let’s briefly compare XPeng Inc. (XPEV) stock to its peers. We find that current price change of -2% and 0% over the past 12 months for XPEV competes that of Toyota Motor Corp Ltd Ord (TM), which has seen its stock price fall -1.09% in the last trading session and was +21.99% over the last one year. Another of its peers Nio Inc (NIO) has climbed 2.18% previous session, and was +1068.33% up over the past year, while Honda Motor Company (HMC) was also down -2% in the last session, while its price remained in the red at 0% over the same period. XPeng Inc. has a P/E ratio of 0 compared to Toyota Motor Corp Ltd Ord’s 15.18 and Nio Inc’s 0. 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 XPeng Inc. (NYSE:XPEV), we note that the average 3-month trading volume was 21.83 Million, while that of the preceding 10-day period stands at 18.42 Million. Current shares outstanding are 802.47 Million.
According to data from Thomson Reuters, insiders hold 8.93% of the company’s shares while institutions hold 27.07%. The data shows that short shares as of April 14, 2021, stood at 20.45 Million at a short ratio of 1.23. This represents a 2.55% short interest in shares outstanding on April 14, 2021. Shares short dropped in April from the previous month at 20.62 Million. Investors should be worried about this stock as its upside potential is weak, with current price pushing the stock -30.17% down in year-to-date price movement.