In the latest session, XP Inc (NASDAQ: XP) closed at $23.64 down -0.34% from its previous closing price of $23.72. In other words, the price has decreased by -$0.08 from its previous closing price. On the day, 5349359 shares were traded. XP stock price reached its highest trading level at $24.20 during the session, while it also had its lowest trading level at $23.52.
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 15.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.96. In the meantime, Its Debt-to-Equity ratio is 3.18 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, JP Morgan on December 05, 2023, Upgraded its rating to Overweight and sets its target price to $30 from $27 previously.
On July 20, 2023, Credit Suisse Upgraded its rating to Neutral which previously was Underperform and also upped its target price recommendation from $15 to $26.
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 12.98B and an Enterprise Value of 8.23B. As of this moment, XP’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.45, and their Forward P/E ratio for the next fiscal year is 11.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.28 while its Price-to-Book (P/B) ratio in mrq is 3.24. Its current Enterprise Value per Revenue stands at 1.26 whereas that against EBITDA is 1.71.
Stock Price History:
Over the past 52 weeks, XP has reached a high of $27.71, while it has fallen to a 52-week low of $10.30. The 50-Day Moving Average of the stock is 25.28, while the 200-Day Moving Average is calculated to be 23.48.
Shares Statistics:
For the past three months, XP has traded an average of 5.53M shares per day and 5.27M over the past ten days. A total of 435.72M shares are outstanding, with a floating share count of 353.49M. Insiders hold about 35.50% of the company’s shares, while institutions hold 48.52% stake in the company. Shares short for XP as of Feb 15, 2024 were 6.45M with a Short Ratio of 1.17, compared to 6.07M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.18% and a Short% of Float of 1.66%.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 27.58%, it implies a Forward Annual Dividend Yield of 5.34%.
Earnings Estimates
There are 3 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.43 for the current quarter, with a high estimate of $0.44 and a low estimate of $0.43, while EPS last year was $0.32. The consensus estimate for the next quarter is $0.43, with high estimates of $0.44 and low estimates of $0.42.
Analysts are recommending an EPS of between $2.05 and $1.75 for the fiscal current year, implying an average EPS of $1.86. EPS for the following year is $2.2, with 3 analysts recommending between $2.36 and $2.08.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $817.41M this quarter.It ranges from a high estimate of $818.71M to a low estimate of $815.65M. As of the current estimate, XP Inc’s year-ago sales were $654.13M, an estimated increase of 25.00% from the year-ago figure.
A total of 8 analysts have provided revenue estimates for XP’s current fiscal year. The highest revenue estimate was $3.93B, while the lowest revenue estimate was $3.49B, resulting in an average revenue estimate of $3.67B. In the same quarter a year ago, actual revenue was $3.01B, up 21.90% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $4.32B in the next fiscal year. The high estimate is $4.7B and the low estimate is $4.03B. The average revenue growth estimate for next year is up 17.90% from the average revenue estimate for this year.
