XP Inc [XP] Revenue clocked in at $3.24 billion, down -26.47% YTD: What’s Next?

XP Inc [NASDAQ: XP] traded at a high on Monday, posting a 0.95 gain after which it closed the day’ session at $19.17.

The results of the trading session contributed to over 6785961 shares changing hands. Over the past one week, the price volatility of XP Inc stands at 3.45% while the volatility over the past one month is 3.11%.

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The market cap for XP stock reached $10.51 billion, with 436.78 million shares outstanding and 354.64 million shares in the current float. Compared to the average trading volume of 5.77M shares, XP reached a trading volume of 6785961 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about XP Inc [XP]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for XP shares is $28.64 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on XP stock is a recommendation set at 1.55. 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.

Goldman have made an estimate for XP Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 30, 2024. While these analysts kept the previous recommendation, Morgan Stanley dropped their target price from $31 to $24. The new note on the price target was released on April 23, 2024, representing the official price target for XP Inc stock. Previously, the target price had yet another raise from $27 to $30, while JP Morgan kept a Overweight rating on XP stock. On July 20, 2023, analysts increased their price target for XP shares from 15 to 26.

The Average True Range (ATR) for XP Inc is set at 0.79, with the Price to Sales ratio for XP stock in the period of the last 12 months amounting to 3.24. The Price to Book ratio for the last quarter was 2.58, with the Price to Cash per share for the same quarter was set at 1.43. Price to Free Cash Flow for XP in the course of the last twelve months was 2.52.

How has XP stock performed recently?

XP Inc [XP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.62. With this latest performance, XP shares dropped by -9.28% in over the last four-week period, additionally sinking by -17.69% over the last 6 months – not to mention a rise of 6.26% 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 XP stock in for the last two-week period is set at 37.87, with the RSI for the last a single of trading hit 39.24, and the three-weeks RSI is set at 37.83 for XP Inc [XP]. The present Moving Average for the last 50 days of trading for this stock 22.07, while it was recorded at 18.87 for the last single week of trading, and 23.60 for the last 200 days.

Earnings analysis for XP Inc [XP]

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 XP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for XP Inc go to 13.70%.

Insider trade positions for XP Inc [XP]

The top three institutional holders of XP stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in XP stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in XP stock with ownership which is approximately 5.8386%.