XP Inc (NASDAQ:XP) shares, rose in value, with the stock price up by 3.69% to the previous day’s close as strong demand from buyers drove the stock to $14.87.
Actively observing the price movement in the recent trading, the stock is buoying the session at $14.34, falling within a range of $14.51 and $15.05. The value of beta (5-year monthly) is 1.659 whereas the PE ratio is 9.69 over 12-month period. Referring to stock’s 52-week performance, its high was $26.31, and the low was $10.82. On the whole, XP has fluctuated by 24.74% over the past month.
With the market capitalization of XP Inc currently standing at about $8.03 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.65, with its dividend yield at 4.37%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 17.28B, with a low estimate of 4.33B and a high estimate of 4.52B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.42B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that XP’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.89, with the price of XP currently trading nearly 10.29% and 16.47% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 72.59, while the 7-day volatility ratio is showing 2.55% which for the 30-day chart, stands at 3.51%. Furthermore, XP Inc (XP)’s beta value is 1.62, and its average true range (ATR) is 0.47.
A comparison of XP Inc (XP) with its peers suggests the former has fared considerably weaker in the market. XP showed an intraday change of 3.69% in today’s session so far, and over the past year, it shrunk by -38.79%%.
Data on historical trading for XP Inc (NASDAQ:XP) indicates that the trading volumes over the past 10 days have averaged 4.63 and over the past 3 months, they’ve averaged 7.11 million. According to company’s latest data on outstanding shares, there are 433.63 million shares outstanding.
Nearly 34.30% of XP Inc’s shares belong to company insiders and institutional investors own 63.10% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 11.66 million shares as on 2024-10-31, resulting in a short ratio of 3.78. According to the data, the short interest in XP Inc (XP) stood at 275.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 15.91 million. The stock has risen by 25.47% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the XP stock heading into the next quarter.
