XPeng (NYSE:XPEV – Get Rating) is set to release its earnings data before the market opens on Wednesday, November 30th. Analysts expect XPeng to post earnings of ($0.46) per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.
XPeng (NYSE:XPEV – Get Rating) last released its quarterly earnings data on Tuesday, August 23rd. The company reported ($0.47) EPS for the quarter, beating the consensus estimate of ($2.61) by $2.14. The business had revenue of $1.11 billion during the quarter. XPeng had a negative net margin of 24.82% and a negative return on equity of 17.44%. On average, analysts expect XPeng to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
XPeng Stock Performance
NYSE XPEV opened at $7.03 on Wednesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.97 and a quick ratio of 1.78. XPeng has a 1-year low of $6.18 and a 1-year high of $56.45. The business has a 50 day simple moving average of $10.03 and a two-hundred day simple moving average of $19.31. The stock has a market capitalization of $6.01 billion, a PE ratio of -5.33 and a beta of 2.62.
Wall Street Analysts Forecast Growth
Hedge Funds Weigh In On XPeng
Hedge funds have recently made changes to their positions in the company. Carolinas Wealth Consulting LLC increased its stake in shares of XPeng by 12.5% in the 1st quarter. Carolinas Wealth Consulting LLC now owns 4,500 shares of the company’s stock worth $124,000 after acquiring an additional 500 shares during the last quarter. US Bancorp DE grew its stake in shares of XPeng by 13.9% in the first quarter. US Bancorp DE now owns 6,271 shares of the company’s stock valued at $173,000 after buying an additional 767 shares in the last quarter. Captrust Financial Advisors raised its holdings in shares of XPeng by 50.0% in the 1st quarter. Captrust Financial Advisors now owns 2,400 shares of the company’s stock valued at $66,000 after buying an additional 800 shares during the period. Equitable Holdings Inc. boosted its holdings in XPeng by 4.7% during the 1st quarter. Equitable Holdings Inc. now owns 20,061 shares of the company’s stock valued at $553,000 after acquiring an additional 900 shares during the period. Finally, APG Asset Management N.V. increased its stake in XPeng by 2.6% during the first quarter. APG Asset Management N.V. now owns 47,002 shares of the company’s stock worth $1,165,000 after purchasing an additional 1,200 shares during the period. Institutional investors and hedge funds own 25.15% of the company’s stock.
XPeng Company Profile
XPeng Inc designs, develops, manufactures, and markets smart electric vehicles in the People's Republic of China. It offers SUVs under the G3 and G3i names; four-door sports sedans under the P7 name; and family sedans under the P5 name. The company also provides sales contracts, maintenance, super charging, vehicle leasing, insurance agency, ride-hailing, technical support, automotive loan referral and auto financing, music subscription, and other services.
- Get a free copy of the StockNews.com research report on XPeng (XPEV)
- After Nixing its 13% Dividend, Is Lumen Technologies Okay To Own?
- Cisco Systems Hopes Restructuring Cuts Costs to Drive Revenue
- The Sell-Side Caps Gains In Dick’s Sporting Goods
- Stock-ing Stuffers: 3 Attractive Stocks Trading Around $10
- Want to Get a 10% Dividend Yield, Look Here
Receive News & Ratings for XPeng Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XPeng and related companies with MarketBeat.com's FREE daily email newsletter.