With 17.08 million shares changed hands, the volume of the stock remained heavier than its average volume of 7.76 million shares. The 52-week range on XP shows that it touched its highest point at $22.23 and its lowest point at $10.82 during that stretch. It currently has a 1-year price target of $18.94. Beta for the stock currently stands at 1.16.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of XP was up-trending over the past week, with a rise of 17.35%, but this was up by 37.67% over a month. Three-month performance surged to 30.04% while six-month performance rose 5.16%. The stock lost -13.97% in the past year, while it has gained 56.37% so far this year. A look at the trailing 12-month EPS for XP yields 1.53 with Next year EPS estimates of 1.85. For the next quarter, that number is 0.39. This implies an EPS growth rate of 10.85% for this year and 12.93% for next year. EPS is expected to grow by 11.88% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 23.61%.
Float and Shares Shorts:
At present, 434.05 million XP shares are outstanding with a float of 370.45 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for XP since 9 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $14.18921 being high and $2.56613 being low. For XP, this leads to a yearly average estimate of $8.38606. Based on analyst estimates, the high estimate for the next quarter is $2.34 and the low estimate is $2.28. The average estimate for the next quarter is thus $2.32.
