XPeng Inc ADR (NYSE:XPEV) price on Thursday, February 06, rose 3.32% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $17.10.
A look at the stock’s price movement, the close in the last trading session was $16.55, moving within a range at $16.985 and $17.4. The beta value (5-Year monthly) was 2.79. Turning to its 52-week performance, $17.30 and $6.55 were the 52-week high and 52-week low respectively. Overall, XPEV moved 45.53% over the past month.
XPeng Inc ADR’s market cap currently stands at around $13.23 billion, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 16.09B for the company’s revenue for the quarter, with a low and high estimate of 15.73B and 16.54B respectively. The average forecast suggests up to a 23.31% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 41.49B, representing a 35.24% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that XPEV is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
14 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 10 recommend XPEV as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
XPEV’s current price about 17.76% and 28.77% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 70.26, while 7-day volatility ratio is 4.88% and 4.07% in the 30-day chart. Further, XPeng Inc ADR (XPEV) has a beta value of 2.76, and an average true range (ATR) of 0.81. Analysts have given the company’s stock an average 52-week price target of $14.6, forecast between a low of $7 and high of $17. Looking at the price targets, the low is 59.06% off current price level while to achieve the yearly target high, price needs to move 0.58%. Nonetheless, investors will most likely welcome a 14.62% jump to $14.6 which is the analysts’ median price.
If we refocus on XPeng Inc ADR (NYSE:XPEV), historical trading data shows that trading volumes averaged 9.16 over the past 10 days and 11.62 million over the past 3 months. The company’s latest data on shares outstanding shows there are 769.67 million shares.
The 3.12% of XPeng Inc ADR’s shares are in the hands of company insiders while institutional holders own 14.09% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 35.91 million on 2024-10-31, giving us a short ratio of 2.14. The data shows that as of 2024-10-31 short interest in XPeng Inc ADR (XPEV) stood at 476.99999999999994 of shares outstanding, with shares short falling to 38.69 million registered in 2024-09-30. Current price change has pushed the stock 44.67% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the XPEV stock continues to rise going into the next quarter.
