XP Inc. (XP): Key fundamentals of XP

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XP Inc. (NASDAQ:XP) changes shares on Monday trading session, with a change of 1.29% or $0.6 shares. The trading starts at $47.10 and closed at $46.50 throughout the day. The trading session low price was $46.71 and day high was $48.91 on Monday, August 03. After the session, the Financial sector daily volume shifted to 1.28 million while its average volume is 1.64M. In other hand, the XP market cap reached to $26.51B. While, its current target price is $36.73.

On July 3, 2020, Brazil’s JHSF signs MOU with XP to build a real estate project outside Sao Paulo. According to the news reported on Reuters, Brazilian real estate company JHSF Participacoes SA has signed a memorandum of understanding (MOU) with brokerage XP Inc on an area as big as 500,000 sq m (5.4 million sq ft) just outside Sao Paulo, according to a filing late on Thursday.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -0.28% and up 5.16% for month. Its quarterly performance was 105.41% above, while its half year performance is up 16.41%. XP performance rise 22.27% for year-to-date. Current recommendation for XP Inc. is 2.60.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. XP EPS (TTM) for 12-month is 0.45. EPS for this year is 134.20%, while for the next year its value is 0.69. Sales growth for the current quarter is 22.44 while its EPS Q/Q reached 73.80%. It has an EPS of next five years will be up 4.70%.

Let’s take a look on the analyst recommendations on XP for the current month and previous month. For the current month, 2 of 8 analysts recommend stock as Buy while 1 as Sell, 0 as overweight, 1 as underweight and 4 as Hold. As compared with the previous month ratings, 5 analysts participate in stock recommendation. Out of 5, 0 rated it sell, 1 rated it as Buy and 4 as Hold Ratings. On the other hand, target price ranges from $20.00 – $53.00. Average target price for XP was reached at $39.11.

General Atlantic, LLC, Price (T.Rowe) Associates Inc and JP Morgan Chase & Company are the top three holders in XP Inc. (XP) stock. On Mar 30, 2020, General Atlantic, LLC has 61.66 million shares which valued 1.19 billion. On Mar 30, 2020, Price (T.Rowe) Associates Inc owned 13.38 million shares which valued at 258.14 million. On Mar 30, 2020, JP Morgan Chase & Company has a total of 8.69 million shares which valued at 167.58 million. In the end, JP Morgan Chase & Company have 2.50% shares outstanding of XP Inc. (XP) on Mar 30, 2020. The insider ownership moved to 55.96% and institutional holding shifted to 40.70%.

The company posted an EPS (TTM) of 0.45. According to the most recent quarter report on (Jun 2020), 6 analysts estimated an average EPS of 0.12. Analyst Estimated EPS for XP published in the report was $0.08 – $0.16 during the same period.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for XP rise 36.39% for period of 200 days. SMA for 50 days was 12.05% which is showing green signal, while SMA-20 was 2.65%. The moving average value for XP Inc. (XP) is 34.01 and 45.57 for 200 and 50 days respectively.