Market Insights: XP Inc (XP)’s Notable Gain of 0.43, Closing at 21.11

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

As of close of business last night, XP Inc’s stock clocked out at $21.11, up 0.43% from its previous closing price of $21.02. In other words, the price has increased by $0.43 from its previous closing price. On the day, 4.91 million shares were traded. XP stock price reached its highest trading level at $21.25 during the session, while it also had its lowest trading level at $20.85.

Ratios:

To gain a deeper understanding of XP’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.64. In the meantime, Its Debt-to-Equity ratio is 3.27 whereas as Long-Term Debt/Eq ratio is at 0.36.

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 11577504768 and an Enterprise Value of -27059007488. As of this moment, XP’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.69, and their Forward P/E ratio for the next fiscal year is 10.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.83 while its Price-to-Book (P/B) ratio in mrq is 2.89. Its current Enterprise Value per Revenue stands at -1.9.

Stock Price History:

The Beta on a monthly basis for XP is 1.70, which has changed by 0.56254625 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. Over the past 52 weeks, XP has reached a high of $27.71, while it has fallen to a 52-week low of $12.78. The 50-Day Moving Average of the stock is -13.90%, while the 200-Day Moving Average is calculated to be -13.02%.

Shares Statistics:

It appears that XP traded 5.48M shares on average per day over the past three months and 6030630 shares per day 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 48.60% stake in the company. Shares short for XP as of 1711584000 were 18109472 with a Short Ratio of 3.30, compared to 1709164800 on 11565858. Therefore, it implies a Short% of Shares Outstanding of 18109472 and a Short% of Float of 4.65.

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