In today’s recent session, 2.12 million shares of the XP Inc (NASDAQ:XP) have been traded, and its beta is 1.65. Most recently the company’s share price was $15.68, and it changed around -$1.0 or -6.03% from the last close, which brings the market valuation of the company to $8.60B. XP at last check was trading at a discount to its 52-week high of $27.02, offering almost -72.32% off that amount. The share price’s 52-week low was $15.24, which indicates that the recent value has risen by an impressive 2.81% since then. We note from XP Inc’s average daily trading volume that its 10-day average is 3.83 million shares, with the 3-month average coming to 5.46 million.

XP Inc stock received a consensus recommendation rating of Hold, based on a mean score of 1.91. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 5 recommended XP as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. XP Inc is expected to report earnings per share of 2.18 for the current quarter.

XP Inc (NASDAQ:XP) trade information

Instantly XP has been showing red trend so far today with a performance of -6.03% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 17.11 on recent trading dayincreased the stock’s daily price by 8.36%. The company’s shares are currently down -39.87% year-to-date, but still down -6.70% over the last five days. On the other hand, XP Inc (NASDAQ:XP) is -12.92% down in the 30-day period. We can see from the shorts that 11.66 million shares have been sold at a short interest cover period of 3.78 day(s).

The consensus price target as assigned by Wall Street analysts is $23.5, which translates to bulls needing to increase their stock price by 33.28% from its current value. Analyst projections state that XP is forecast to be at a low of $19 and a high of $33.

XP Inc (XP) estimates and forecasts

XP Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -12.87 percent over the past six months and at a 0.64% annual growth rate that is well below the industry average of 8.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 5.04% in revenue this quarter, and will report an increase of 23.11% in the next quarter. The year-over-year growth rate is expected to be 15.16%, up from the previous year.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 4.7B in revenue for the current quarter. 3 analysts expect XP Inc to make 4.67B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 4.05B and 4.05B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 16.20%. Forecasts for the next quarter put sales growth at 15.22%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 44.60%. XP Inc earnings are expected to increase by 9.88% in 2024, but the outlook is positive 13.38% per year for the next five years.

XP Dividends

XP Inc’s next quarterly earnings report is expected to be released in December.

XP Inc (NASDAQ:XP)’s Major holders

GENERAL ATLANTIC, L.P., with 5.4005% or 29.62 million shares worth $520.98 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Dodge & Cox International Stock Fund and New World Fund, Inc. were the top two Mutual Funds as of Jun 30, 2024. The former held 17.78 shares worth $277.68 million, making up 4.07% of all outstanding shares. On the other hand, New World Fund, Inc. held roughly 16.4 shares worth around $256.18 million, which represents about 3.76% of the total shares outstanding.