Daily Progress: XP Inc (XP) Drop -6.06, Closing at 15.67

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In the latest session, XP Inc (NASDAQ: XP) closed at $15.67 down -6.06% from its previous closing price of $16.68. In other words, the price has decreased by -$6.06 from its previous closing price. On the day, 7.26 million shares were traded. XP stock price reached its highest trading level at $16.165 during the session, while it also had its lowest trading level at $15.4.

Ratios:

For a deeper understanding of XP Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.96. In the meantime, Its Debt-to-Equity ratio is 3.57 whereas as Long-Term Debt/Eq ratio is at 0.26.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on July 11, 2024, Downgraded its rating to Neutral and sets its target price to $21 from $30 previously.

On April 30, 2024, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $30 to $23.

Morgan Stanley Downgraded its Overweight to Equal-Weight on April 23, 2024, whereas the target price for the stock was revised from $31 to $24.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, XP now has a Market Capitalization of 8414853120 and an Enterprise Value of -53742923776. As of this moment, XP’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.21, and their Forward P/E ratio for the next fiscal year is 9.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.61 while its Price-to-Book (P/B) ratio in mrq is 2.15. Its current Enterprise Value per Revenue stands at -3.41.

Stock Price History:

Over the past 52 weeks, XP has reached a high of $27.02, while it has fallen to a 52-week low of $15.24. The 50-Day Moving Average of the stock is -11.98%, while the 200-Day Moving Average is calculated to be -21.89%.

Shares Statistics:

For the past three months, XP has traded an average of 5.46M shares per day and 3995680 over the past ten days. A total of 436.78M shares are outstanding, with a floating share count of 354.90M. Insiders hold about 35.29% of the company’s shares, while institutions hold 58.11% stake in the company. Shares short for XP as of 1730332800 were 11660102 with a Short Ratio of 2.14, compared to 1727654400 on 15908073. Therefore, it implies a Short% of Shares Outstanding of 11660102 and a Short% of Float of 2.75.

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