XP Inc (NASDAQ:XP) traded at $14.94 at last check on current trade day and made a downward move of -0.53% on its previous day’s price.
XP Inc has a market cap of $8.07 billion and is expected to release its quarterly earnings report in March. With its Forward Dividend at 0.65 and a yield of 4.35%, the company’s investors could be anxious for the XP stock to gain ahead of the earnings release.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 4.51B, with a low of 4.51B and a high of 4.51B. The median projection represents growth squeezing down to 11.32% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 19.05B, or 11.57% up from figures reported last year.
On the other hand, looking at the outlook for the XP stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell.
Based on estimates by 9 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 5 have rated the XP Inc (XP) stock as a Hold, while 4 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the XP stock currently stands at 0.89, and the most recent price level today is 8.24% off its SMA20 and 16.49% from its 50-day simple moving average. The RSI (14) is pointing at 72.02 while the volatility over the past week is 2.76% and jumps to 3.52% over the past one month. The beta value is 1.62, while the average true range (ATR) is currently pointing at 0.48. The average price target for the stock over the next 12 months is $23.5, with the estimates having a low of $19 and a high of $33. These price ends are -27.18% and -120.88% off the today’s price level respectively, although investors could be excited at the prospect of a -57.3% if the XP share price touches on the median price of $23.5.
