XP Inc [XP] stock prices are up 4.25% to $24.78 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The XP shares have gain 4.47% over the last week, with a monthly amount drifted -2.02%, and not seem to be holding up well over a long-time horizon.
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On 27, February 2024, XP Inc Announces New Share Repurchase Program. In a post published today on Yahoo Finance, XP Inc. (Nasdaq: XP), announced today that its board of directors has approved a new share repurchase program, which aims to neutralize future shareholder dilution due to the vesting of Restricted Stock Units (RSUs) from the Company’s long-term incentive plan. The Company proposes to undertake a share repurchase program pursuant to which the Board can annually, in each calendar year, approve the repurchase by the Company of a number of Class A Common Shares equal to the number of RSUs that have vested or will vest during the current calendar year.
From an analyst’s perspective:
XP Inc [NASDAQ: XP] stock has seen the most recent analyst activity on December 05, 2023, when JP Morgan upgraded its rating to a Overweight and also boosted its price target to $30 from $27. Previously, Credit Suisse upgraded its rating to Neutral on July 20, 2023, and elevated its price target to $26. On June 22, 2023, upgrade upgraded it’s rating to Buy. Credit Suisse downgraded its rating to a Underperform and decreased its price target to $15 on February 17, 2023. JP Morgan downgraded its rating to a Neutral but $23 remained the price target by the analyst firm on August 11, 2022. UBS upgraded its rating to Buy for this stock on June 07, 2022, and downed its price target to $31. In a note dated May 09, 2022, Citigroup upgraded an Buy rating on this stock and revised its target price from $31 to $26.
The stock price of XP Inc [XP] has been fluctuating between $10.30 and $27.71 over the past year. Currently, Wall Street analysts expect the stock to reach $29.5 within the next 12 months. XP Inc [NASDAQ: XP] shares were valued at $24.78 at the most recent close of the market. An investor can expect a potential return of 19.05% based on the average XP price forecast.
Analyzing the XP fundamentals
The XP Inc [NASDAQ:XP] reported sales of 3.02B for trailing twelve months, representing a surge of 25.75%. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at -0.18%, Pretax Profit Margin comes in at 0.45%, and Net Profit Margin reading is 0.44%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.21 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.16.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 24.02 points at the first support level, and at 23.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.29, and for the 2nd resistance point, it is at 25.79.
XP Inc [XP] reported earnings per share of $0.43 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.41/share, meaning a difference of $0.02 and a surprise factor of 4.90%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.43 per share as compared to estimates of $0.42 per share, a difference of $0.01 representing a surprise of 2.40%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 4.49, the price to book ratio is 3.39 and price to earnings (TTM) ratio is 17.24.
