XPeng Inc. [XPEV] stock Downgrade by Barclays analyst, price target now $22

XPeng Inc. [NYSE: XPEV] slipped around -0.03 points on Friday, while shares priced at $13.71 at the close of the session, down -0.22%. The company report on September 23, 2022 that XPeng Adjusts Configurations of G9 Flagship SUV in Response to High Demand for Optional Specs of Cutting-Edge Technologies.


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XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced adjustments to the configurations of its G9 Flagship SUV, launched in the Chinese market on September 21. These adjustments reflect the Company’s commitment to customer experience, and the high demand for certain specifications of the G9, particularly the optional spec packages of cutting-edge technologies.

XPeng Inc. stock is now -72.76% down from its year-to-date (YTD) trading value. XPEV Stock saw the intraday high of $13.892 and lowest of $12.86 per share. The company’s 52-week high price is 56.45, which means current price is +6.61% above from all time high which was touched on 01/03/22.

Compared to the average trading volume of 12.98M shares, XPEV reached a trading volume of 28161341 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about XPeng Inc. [XPEV]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for XPEV shares is $32.64 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on XPEV stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Barclays have made an estimate for XPeng Inc. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on August 24, 2022. The new note on the price target was released on August 03, 2022, representing the official price target for XPeng Inc. stock. Previously, the target price had yet another drop from $64.60 to $36.30, while Nomura kept a Neutral rating on XPEV stock.

The Average True Range (ATR) for XPeng Inc. is set at 1.12, with the Price to Sales ratio for XPEV stock in the period of the last 12 months amounting to 2.87. The Price to Book ratio for the last quarter was 2.07, with the Price to Cash per share for the same quarter was set at 5.29.

How has XPEV stock performed recently?

XPeng Inc. [XPEV] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.84. With this latest performance, XPEV shares dropped by -28.14% in over the last four-week period, additionally sinking by -53.14% over the last 6 months – not to mention a drop of -62.75% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for XPEV stock in for the last two-week period is set at 26.61, with the RSI for the last a single of trading hit 25.68, and the three-weeks RSI is set at 29.04 for XPeng Inc. [XPEV]. The present Moving Average for the last 50 days of trading for this stock 20.73, while it was recorded at 14.62 for the last single week of trading, and 29.38 for the last 200 days.

XPeng Inc. [XPEV]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and XPeng Inc. [XPEV] shares currently have an operating margin of -32.05 and a Gross Margin at +12.66. XPeng Inc.’s Net Margin is presently recorded at -23.17.

Return on Total Capital for XPEV is now -16.03, given the latest momentum, and Return on Invested Capital for the company is -11.93. Return on Equity for this stock declined to -12.69, with Return on Assets sitting at -8.79. When it comes to the capital structure of this company, XPeng Inc. [XPEV] has a Total Debt to Total Equity ratio set at 7.68. Additionally, XPEV Total Debt to Total Capital is recorded at 7.14, with Total Debt to Total Assets ending up at 4.93. Long-Term Debt to Equity for the company is recorded at 6.80, with the Long-Term Debt to Total Capital now at 6.31.

Reflecting on the efficiency of the workforce at the company, XPeng Inc. [XPEV] managed to generate an average of -$419,306 per employee. Receivables Turnover for the company is 7.00 with a Total Asset Turnover recorded at a value of 0.38.XPeng Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.80 and a Current Ratio set at 2.00.

Earnings analysis for XPeng Inc. [XPEV]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for XPEV. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for XPeng Inc. go to -8.73%.

Insider trade positions for XPeng Inc. [XPEV]

There are presently around $3,018 million, or 35.00% of XPEV stock, in the hands of institutional investors. The top three institutional holders of XPEV stocks are: FMR LLC with ownership of 21,404,192, which is approximately 9.899% of the company’s market cap and around 6.79% of the total institutional ownership; BLACKROCK INC., holding 21,319,560 shares of the stock with an approximate value of $292.29 million in XPEV stocks shares; and VANGUARD GROUP INC, currently with $265.16 million in XPEV stock with ownership of nearly 7.974% of the company’s market capitalization.

Positions in XPeng Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 146 institutional holders increased their position in XPeng Inc. [NYSE:XPEV] by around 22,520,882 shares. Additionally, 135 investors decreased positions by around 28,639,833 shares, while 61 investors held positions by with 168,947,854 shares. The mentioned changes placed institutional holdings at 220,108,569 shares, according to the latest SEC report filing. XPEV stock had 51 new institutional investments in for a total of 4,667,099 shares, while 39 institutional investors sold positions of 2,161,897 shares during the same period.

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