XP Inc [NASDAQ: XP] stock went on a downward path that fall over -6.06% on Wednesday, amounting to a one-week price decrease of less than -6.73%.
Over the last 12 months, XP stock dropped by -33.23%. The one-year XP Inc stock forecast points to a potential upside of 34.35. The average equity rating for XP stock is currently 1.91, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $8.59 billion, with 436.78 million shares outstanding and 354.90 million shares in the current float. Compared to the average trading volume of 5.46M shares, XP stock reached a trading volume of 7255429 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $23.87 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 1.91. 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.
UBS have made an estimate for XP Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 11, 2024. While these analysts kept the previous recommendation, Goldman dropped their target price from $30 to $23. The new note on the price target was released on April 30, 2024, representing the official price target for XP Inc stock. Previously, the target price had yet another drop from $31 to $24, while Morgan Stanley kept a Equal-Weight rating on XP stock. On December 05, 2023, analysts increased their price target for XP shares from 27 to 30.
The Average True Range (ATR) for XP Inc is set at 0.58, with the Price to Sales ratio for XP stock in the period of the last 12 months amounting to 2.61. The Price to Book ratio for the last quarter was 2.15, with the Price to Cash per share for the same quarter was set at 1.55. Price to Free Cash Flow for XP in the course of the last twelve months was 0.96.
XP Stock Performance Analysis:
XP Inc [XP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.73. With this latest performance, XP shares dropped by -12.94% in over the last four-week period, additionally sinking by -12.90% over the last 6 months – not to mention a drop of -33.23% 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 31.60, with the RSI for the last a single of trading hit 25.86, and the three-weeks RSI is set at 35.39 for XP Inc [XP]. The present Moving Average for the last 50 days of trading for this stock 17.80, while it was recorded at 16.50 for the last single week of trading, and 20.06 for the last 200 days.
XP Stock EPS
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 13.38%.
XP Inc [XP] Institutonal Ownership Details
The top three institutional holders of XP stocks are: DODGE & COX with ownership of 34.35 million shares, which is approximately 6.2639%. GENERAL ATLANTIC, L.P., holding 29.62 million shares of the stock with an approximate value of $$520.98 million in XP stocks shares; and GENERAL ATLANTIC, L.P., currently with $$505.67 million in XP stock with ownership which is approximately 5.2417%.