XPENG (NYSE:XPEV) Sets New 1-Year Low - Time to Sell?

Key Points

• XPENG shares fell to a new 52-week low of $11.52, trading below both their 50-day and 200-day moving averages. The stock was down 0.9% and has a market capitalization of approximately $11.12 billion.
• Analyst sentiment is mixed but leans cautious: recent downgrades include BNP Paribas Exane and Barclays, while Jefferies maintained a buy rating. The consensus rating is “Hold,” with an average price target of $25.40.
• XPENG missed quarterly earnings expectations, reporting a loss of $0.27 per share versus the expected loss of $0.11, although revenue of $1.89 billion slightly exceeded forecasts. Analysts expect the company to remain unprofitable for the full year.

XPENG Inc. Sponsored ADR (NYSE:XPEV - Get Free Report)'s share price hit a new 52-week low on Thursday . The company traded as low as $11.52 and last traded at $11.5750, with a volume of 1040868 shares changing hands. The stock had previously closed at $11.75.

Analyst Ratings Changes

A number of equities research analysts recently commented on XPEV shares. BNP Paribas Exane downgraded XPENG from a "neutral" rating to an "underperform" rating in a research report on Wednesday, April 22nd. Weiss Ratings restated a "sell (d-)" rating on shares of XPENG in a report on Friday, July 17th. Wall Street Zen downgraded XPENG from a "hold" rating to a "sell" rating in a research note on Sunday, May 24th. Jefferies Financial Group reaffirmed a "buy" rating and set a $25.20 price objective on shares of XPENG in a report on Friday, May 29th. Finally, Barclays cut their target price on shares of XPENG from $16.00 to $15.00 and set an "underweight" rating for the company in a report on Thursday, July 16th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have given a Sell rating to the company's stock. Based on data from MarketBeat.com, XPENG currently has an average rating of "Hold" and an average price target of $25.40.

XPENG Trading Down 0.9%

The company's 50 day moving average price is $13.26 and its two-hundred day moving average price is $15.91. The firm has a market cap of $11.12 billion, a PE ratio of -34.25 and a beta of 1.13. The company has a quick ratio of 0.89, a current ratio of 1.14 and a debt-to-equity ratio of 0.48.

XPENG (NYSE:XPEV - Get Free Report) last released its quarterly earnings results on Thursday, May 28th. The company reported ($0.27) EPS for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.16). The firm had revenue of $1.89 billion for the quarter, compared to analysts' expectations of $1.87 billion. XPENG had a negative return on equity of 7.72% and a negative net margin of 3.09%. As a group, sell-side analysts forecast that XPENG Inc. Sponsored ADR will post -0.39 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Farther Finance Advisors LLC raised its holdings in shares of XPENG by 161.4% in the fourth quarter. Farther Finance Advisors LLC now owns 2,562 shares of the company's stock worth $52,000 after buying an additional 1,582 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of XPENG by 45.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 3,906 shares of the company's stock worth $79,000 after acquiring an additional 1,212 shares during the last quarter. Kickstand Ventures LLC. purchased a new position in XPENG during the 4th quarter valued at $202,000. Parallel Advisors LLC boosted its holdings in XPENG by 6.0% during the 4th quarter. Parallel Advisors LLC now owns 10,293 shares of the company's stock valued at $209,000 after acquiring an additional 584 shares during the period. Finally, Venturi Wealth Management LLC grew its position in XPENG by 66.3% in the 1st quarter. Venturi Wealth Management LLC now owns 16,481 shares of the company's stock valued at $282,000 after acquiring an additional 6,571 shares during the last quarter. Hedge funds and other institutional investors own 21.09% of the company's stock.

XPENG Company Profile

XPENG Inc NYSE: XPEV is a China-based developer and manufacturer of smart electric vehicles. The company designs, engineers and sells battery-electric sedans and sport-utility vehicles along with related software and services. Founded in 2014, XPENG positions itself as a technology-driven automaker with a focus on vehicle connectivity, software-defined features and advanced driver assistance systems.

Product offerings center on passenger EVs spanning compact crossovers and midsize sedans, supported by in-house software platforms and over-the-air update capabilities.

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