The price of Xos Inc (NASDAQ: XOS) closed at $10.24 in the last session, down -0.68% from day before closing price of $10.31. In other words, the price has decreased by -$0.07 from its previous closing price. On the day, 100261 shares were traded.
Ratios:
We take a closer look at XOS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.73 and its Current Ratio is at 3.66. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.44.
On June 03, 2022, Northland Capital started tracking the stock assigning a Outperform rating and target price of $5.
On December 08, 2021, BofA Securities started tracking the stock assigning a Underperform rating and target price of $3.BofA Securities initiated its Underperform rating on December 08, 2021, with a $3 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 30 ’23 when Castaneda Jose sold 1,806 shares for $0.26 per share. The transaction valued at 470 led to the insider holds 1,213,569 shares of the business.
Mattson George N bought 98,270 shares of XOS for $68,789 on Apr 13 ’23. The Director now owns 1,000,000 shares after completing the transaction at $0.70 per share. On Apr 12 ’23, another insider, Mattson George N, who serves as the Director of the company, bought 35,300 shares for $0.58 each. As a result, the insider paid 20,474 and bolstered with 901,730 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, XOS now has a Market Capitalization of 79.42M and an Enterprise Value of 94.24M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.37 while its Price-to-Book (P/B) ratio in mrq is 1.35. Its current Enterprise Value per Revenue stands at 2.71 whereas that against EBITDA is -1.28.
Stock Price History:
Over the past 52 weeks, XOS has reached a high of $22.50, while it has fallen to a 52-week low of $5.50. The 50-Day Moving Average of the stock is 9.61, while the 200-Day Moving Average is calculated to be 9.59.
Shares Statistics:
According to the various share statistics, XOS traded on average about 15.91K shares per day over the past 3-months and 17.19k shares per day over the past 10 days. A total of 5.94M shares are outstanding, with a floating share count of 1.67M. Insiders hold about 72.10% of the company’s shares, while institutions hold 1.71% stake in the company. Shares short for XOS as of Mar 15, 2024 were 103.74k with a Short Ratio of 6.52, compared to 113.45k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.74% and a Short% of Float of 4.36%.
Earnings Estimates
The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$2.11 for the current quarter, with a high estimate of -$1.03 and a low estimate of -$2.82, while EPS last year was -$4.2. The consensus estimate for the next quarter is -$1.73, with high estimates of -$0.6 and low estimates of -$2.4.
Analysts are recommending an EPS of between -$8.9 and -$10.09 for the fiscal current year, implying an average EPS of -$9.25. EPS for the following year is -$5.34, with 3 analysts recommending between -$0.76 and -$8.66.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $21.42M. It ranges from a high estimate of $32.6M to a low estimate of $13.43M. As of the current estimate, Xos Inc’s year-ago sales were $4.7M, an estimated increase of 356.00% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $30.52M, an increase of 542.00% over than the figure of $356.00% in the same quarter last year. There is a high estimate of $44.3M for the next quarter, whereas the lowest estimate is $20.2M.
A total of 5 analysts have provided revenue estimates for XOS’s current fiscal year. The highest revenue estimate was $187.4M, while the lowest revenue estimate was $62.84M, resulting in an average revenue estimate of $111.84M. In the same quarter a year ago, actual revenue was $44.52M, up 151.20% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $214.75M in the next fiscal year. The high estimate is $314.12M and the low estimate is $87.09M. The average revenue growth estimate for next year is up 92.00% from the average revenue estimate for this year.
