XP Inc [XP] stock prices are up 2.23% to $17.45 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The XP shares have gain 3.68% over the last week, with a monthly amount drifted -8.88%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
XP Inc [NASDAQ: XP] stock has seen the most recent analyst activity on April 30, 2024, when Goldman downgraded its rating to a Neutral and also revised its price target to $23 from $30. Previously, Morgan Stanley downgraded its rating to Equal-Weight on April 23, 2024, and dropped its price target to $24. On December 05, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $30 on the stock. Credit Suisse upgraded its rating to a Neutral and increased its price target to $26 on July 20, 2023. BofA Securities upgraded its rating to a Buy. Credit Suisse downgraded its rating to Underperform for this stock on February 17, 2023, and downed its price target to $15. In a note dated August 11, 2022, JP Morgan downgraded an Neutral rating on this stock but restated the target price of $23.
The stock price of XP Inc [XP] has been fluctuating between $16.56 and $27.71 over the past year. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. XP Inc [NASDAQ: XP] shares were valued at $17.45 at the most recent close of the market. An investor can expect a potential return of 43.27% based on the average XP price forecast.
Analyzing the XP fundamentals
The XP Inc [NASDAQ:XP] reported sales of 3.24B for trailing twelve months, representing a surge of 35.35%. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.36%, and Net Profit Margin reading is 0.36%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.21 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.66.
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 17.14 points at the first support level, and at 16.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.61, and for the 2nd resistance point, it is at 17.77.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.95, the price to book ratio is 2.35 and price to earnings (TTM) ratio is 11.44.
