Xos Inc [XOS] stock is trading at $3.13, down -1.26%. 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 XOS shares have gain 4.33% over the last week, with a monthly amount drifted -5.44%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Xos Inc [NASDAQ: XOS] stock has seen the most recent analyst activity on November 25, 2024, when Northland Capital downgraded its rating to a Market Perform but kept the price target unchanged to $5 for it. Previously, ROTH MKM started tracking the stock with Buy rating on October 23, 2024, and set its price target to $15. On August 16, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $9 on the stock. DA Davidson upgraded its rating to a Buy but stick to its price target of $17 on April 01, 2024. Northland Capital downgraded its rating to a Market Perform but $0.60 remained the price target by the analyst firm on March 30, 2023. Northland Capital started tracking with a Outperform rating for this stock on June 03, 2022, and assigned it a price target of $5. In a note dated December 08, 2021, BofA Securities initiated an Underperform rating and provided a target price of $3 on this stock.
Xos Inc [XOS] stock has fluctuated between $2.92 and $14.86 over the past year. Currently, Wall Street analysts expect the stock to reach $9.13 within the next 12 months. Xos Inc [NASDAQ: XOS] shares were valued at $3.13 at the most recent close of the market. An investor can expect a potential return of 191.69% based on the average XOS price forecast.
Analyzing the XOS fundamentals
Xos Inc [NASDAQ:XOS] reported sales of 62.86M for the trailing twelve months, which represents a drop of -5.43%. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at -0.69%, Pretax Profit Margin comes in at -0.72%, and Net Profit Margin reading is -0.72%. To continue investigating profitability, this company’s Return on Assets is posted at -0.37, Equity is -0.81 and Total Capital is -0.61. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.89.
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 3.08 points at the first support level, and at 3.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.21, and for the 2nd resistance point, it is at 3.28.
Ratios To Look Out For
For context, Xos Inc’s Current Ratio is 1.94. Further, the Quick Ratio stands at 1.10, while the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 0.40, the price to book ratio is 0.49.
Transactions by insiders
Recent insider trading involved Pogosyan Liana, Acting Chief Financial Officer, that happened on Dec 05 ’24 when 7418.0 shares were sold. Officer, Liana Pogosyan completed a deal on Dec 05 ’24 to buy 10000.0 shares. Meanwhile, General Counsel Romero Christen T sold 20000.0 shares on Dec 02 ’24.
