In last trading session, XPeng Inc. (NYSE:XPEV) saw 22.67 million shares changing hands with its beta currently measuring 0. Company‚Äôs recent per share price level of $7.31 trading at $0.28 or 3.98% at ring of the bell on the day assigns it a market valuation of $6.50B. That closing price of XPEV‚Äôs stock is at a discount of -672.23% from its 52-week high price of $56.45 and is indicating a premium of 15.46% from its 52-week low price of $6.18. Taking a look at company‚Äôs average trading volume of 28.05 million if we extend that period to 3-months.
For XPeng Inc. (XPEV), analysts’ consensus is at an average recommendation of an Overweight while assigning it a mean rating of 2.10. Splitting up the data highlights that, out of 35 analysts covering the stock, 1 rated the stock as a Sell while 4 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 25 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.35 in the current quarter.
XPeng Inc. (NYSE:XPEV) trade information
Upright in the green during last session for gaining 3.98%, in the last five days XPEV remained trading in the red while hitting it‚Äôs week-highest on Friday, 11/18/22 when the stock touched $7.31 price level, adding 11.07% to its value on the day. XPeng Inc.‚Äôs shares saw a change of -85.48% in year-to-date performance and have moved -8.97% in past 5-day. XPeng Inc. (NYSE:XPEV) showed a performance of -7.93% in past 30-days. Number of shares sold short was 39.64 million shares which calculate 1.56 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $139.82 to the stock, which implies a rise of 94.77% to its current value. Analysts have been projecting $22.94 as a low price target for the stock while placing it at a high target of $308.72. It follows that stock‚Äôs current price would drop -4123.26% in reaching the projected high whereas dropping to the targeted low would mean a loss of -213.82% for stock‚Äôs current value.
XPeng Inc. (XPEV) estimates and forecasts
Statistics highlight that XPeng Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -64.38% of value to its shares in past 6 months, showing an annual growth rate of -72.09% while that of industry is -6.60. Apart from that, the company came lowering its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to decrease by -25.00% in the current quarter and calculating -22.70% decrease in the next quarter. This year revenue growth is estimated to rise 56.50% from the last financial year‚Äôs standing.
6 industry analysts have given their estimates about the company‚Äôs current quarter revenue by setting an average figure of $1.1 billion for the same. And 5 analysts are in estimates of company making revenue of $1.63 billion in the next quarter that will end on Dec 2022. Company posted $900.06 million and $1.28 billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 21.90% while estimating it to be 27.40% for the next quarter.
In 2022, company‚Äôs earnings growth rate is likely to be around 7.00% while estimates for its earnings growth in next 5 years are of -7.79%.
XPeng Inc. is more likely to be releasing its next quarterly report between November 21 and November 25 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
XPeng Inc. (NYSE:XPEV)‚Äôs Major holders
Insiders are in possession of 1.01% of company‚Äôs total shares while institution are holding 34.64 percent of that, with stock having share float percentage of 34.99%. Investors also watch the number of corporate investors in a company very closely, which is 34.64% institutions for XPeng Inc. that are currently holding shares of the company. FMR, LLC is the top institutional holder at XPEV for having 21.4 million shares of worth $679.37 million. And as of Jun 29, 2022, it was holding 3.26% of the company‚Äôs outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 21.32 million shares on Jun 29, 2022. The number of shares represents firm‚Äôs hold over 3.25% of outstanding shares, having a total worth of $676.68 million.
On the other hand, Growth Fund Of America Inc and Vanguard International Stock Index-Emerging Markets Stk are the top two Mutual Funds which own company‚Äôs shares. As of Sep 29, 2022, the former fund manager was holding 8.48 million shares of worth $101.35 million or 1.29% of the total outstanding shares. The later fund manager was in possession of 7.24 million shares on Jul 30, 2022, making its stake of worth around $176.98 million in the company or a holder of 1.10% of company‚Äôs stock.