In the latest trading session, XPeng Inc. Sponsored ADR (XPEV) closed at $18.57, marking a -1.17% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.41% for the day. Elsewhere, the Dow lost 0.83%, while the tech-heavy Nasdaq added 0.91%.
Shares of the company witnessed a loss of 8.34% over the previous month, trailing the performance of the Auto-Tires-Trucks sector with its loss of 5.19%, and the S&P 500's gain of 0.38%.
The investment community will be paying close attention to the earnings performance of XPeng Inc. Sponsored ADR in its upcoming release. Alongside, our most recent consensus estimate is anticipating revenue of $3.32 billion, indicating a 50.52% upward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.23 per share and revenue of $10.95 billion. These totals would mark changes of +72.62% and 0%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for XPeng Inc Sponsored ADR. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. XPeng Inc. Sponsored ADR is holding a Zacks Rank of #2 (Buy) right now.
In the context of valuation, XPeng Inc. Sponsored ADR is at present trading with a Forward P/E ratio of 115.63. This signifies a premium in comparison to the average Forward P/E of 12.7 for its industry.
Also, we should mention that XPEV has a PEG ratio of 2.98. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Automotive - Foreign industry currently had an average PEG ratio of 1.13 as of yesterday's close.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 184, which puts it in the bottom 25% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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XPeng Inc. Sponsored ADR (XPEV): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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