In last trading session, XL Fleet Corp. (NYSE:XL) saw 13,249,884 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $6.61 trading at -$0.51 or -7.16% at ring of the bell on the day assigns it a market valuation of $919.49 Million. That closing price of XL’s stock is at a discount of -429.5% from its 52-week high price of $35 and is indicating a premium of 3.03% from its 52-week low price of $6.41. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 10.68 Million shares which gives us an average trading volume of 8.8 Million if we extend that period to 3-months.
For XL Fleet Corp. (XL), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1. Splitting up the data highlights that, out of 2 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. None suggested the stock as a Hold whereas 2 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.03 in the current quarter.
XL Fleet Corp. (NYSE:XL) trade information
In the face of being in the red during last session for losing -7.16%, in the last five days XL remained trading in the green while hitting it’s week-highest on Friday, Apr 09 when the stock touched $8.53-2 price level, adding 22.5% to its value on the day. XL Fleet Corp.’s shares saw a change of -72.14% in year-to-date performance and have moved -22.87% in past 5-day. XL Fleet Corp. (NYSE:XL) showed a performance of -50.63% in past 30-days. Number of shares sold short was 12.29 Million shares which calculate 1.4 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $16.5 to the stock, which implies a rise of 149.62% to its current value. Analysts have been projecting $10 as a low price target for the stock while placing it at a high target of $23. It follows that stock’s current price would jump +247.96% in reaching the projected high whereas dropping to the targeted low would mean a loss of 51.29% for stock’s current value.
XL Fleet Corp. (XL) estimates and forecasts
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $970Million for the same. And 2 analysts are in estimates of company making revenue of $4.2 Million in the next quarter that will end on June 01, 2021.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0% during past 5 years. In 2021, company’s earnings growth rate is likely to be around -62.1% while estimates for its earnings growth in next 5 years are of 0%
XL Fleet Corp. (NYSE:XL)’s Major holders
Insiders are in possession of 37.65% of company’s total shares while institution are holding 10.87% percent of that, with stock having share float percentage of 17.43%. Investors also watch the number of corporate investors in a company very closely, which is 85 institutions for XL Fleet Corp. that are currently holding shares of the company. Shaw D.E. & Co., Inc. is the top institutional holder at XL for having 3Million shares of worth $71.19 Million. And as of December 30, 2020, it was holding 2.28% of the company’s outstanding shares.
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The second largest institutional holder is Millennium Management LLC, which was holding about 1.72 Million shares on December 30, 2020. The number of shares represents firm’s hold over 1.31% of outstanding shares, having a total worth of $40.72 Million.