XL Fleet Corp. (NYSE:XL) has a beta value of 0 and has seen 4,199,395 shares traded in the last trading session. The company, currently valued at $908.36 Million, closed the last trade at $6.53 per share which meant it lost -$0.27 on the day or -3.97% during that session. The XL stock price is -435.99% off its 52-week high price of $35 and 1.99% above the 52-week low of $6.4. If we look at the company’s 10-day average daily trading volume, we find that it stood at 10.68 Million shares traded. The 3-month trading volume is 8.8 Million shares.
The consensus among analysts is that XL Fleet Corp. (XL) is a Buy stock at the moment, with a recommendation rating of 1. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 2 have rated it as a Hold, with 2 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.03.
XL Fleet Corp. (NYSE:XL) trade information
Despite being -3.97% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Apr 27 when the XL stock price touched $7.50-1 or saw a rise of 12.93%. Year-to-date, XL Fleet Corp. shares have moved -72.48%, while the 5-day performance has seen it change -12.35%. Over the past 30 days, the shares of XL Fleet Corp. (NYSE:XL) have changed -17.24%. Short interest in the company has seen 18.4 Million shares shorted with days to cover at 2.09.
Wall Street analysts have a consensus price target for the stock at $16.5, which means that the shares’ value could jump 152.68% from current levels. The projected low price target is $10 while the price target rests at a high of $23. In that case, then, we find that the current price level is +252.22% off the targeted high while a plunge would see the stock lose 53.14% from current levels.
XL Fleet Corp. (XL) estimates and forecasts
Earnings growth for 2021 is a modest -62.1%.
XL Fleet Corp. (NYSE:XL)’s Major holders
Insiders own 37.67% of the company shares, while shares held by institutions stand at 17.67% with a share float percentage of 28.35%. Investors are also buoyed by the number of investors in a company, with XL Fleet Corp. having a total of 89 institutions that hold shares in the company. The top two institutional holders are Shaw D.E. & Co. Inc. with over 3Million shares worth more than $71.19 Million. As of December 30, 2020, Shaw D.E. & Co. Inc. held 2.16% of shares outstanding.
The other major institutional holder is Millennium Management LLC, with the holding of over 1.72 Million shares as of December 30, 2020. The firm’s total holdings are worth over $40.72 Million and represent 1.23% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Strategic Advisors Small-Mid Cap Fund and Meridian Contrarian Fund. As of February 27, 2021, the former fund manager holds about 0.17% shares in the company for having 235323 shares of worth $3.33 Million while later fund manager owns 135Thousand shares of worth $3.2 Million as of December 30, 2020, which makes it owner of about 0.1% of company’s outstanding stock.