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XPeng Inc. Sponsored ADR (XPEV) Beats Stock Market Upswing: What Investors Need to Know
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XPeng Inc. Sponsored ADR (XPEV - Free Report) ended the recent trading session at $19.13, demonstrating a +1.59% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.07%. On the other hand, the Dow registered a loss of 0.7%, and the technology-centric Nasdaq increased by 0.18%.
Prior to today's trading, shares of the company had lost 1.93% lagged the Auto-Tires-Trucks sector's gain of 2.96% and the S&P 500's gain of 5.71%.
The investment community will be closely monitoring the performance of XPeng Inc. Sponsored ADR in its forthcoming earnings report.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.28 per share and revenue of $11.45 billion. These totals would mark changes of +66.67% and +102.04%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for XPeng Inc Sponsored ADR. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Currently, XPeng Inc. Sponsored ADR is carrying a Zacks Rank of #2 (Buy).
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 228, placing it within the bottom 8% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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XPeng Inc. Sponsored ADR (XPEV) Beats Stock Market Upswing: What Investors Need to Know
XPeng Inc. Sponsored ADR (XPEV - Free Report) ended the recent trading session at $19.13, demonstrating a +1.59% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.07%. On the other hand, the Dow registered a loss of 0.7%, and the technology-centric Nasdaq increased by 0.18%.
Prior to today's trading, shares of the company had lost 1.93% lagged the Auto-Tires-Trucks sector's gain of 2.96% and the S&P 500's gain of 5.71%.
The investment community will be closely monitoring the performance of XPeng Inc. Sponsored ADR in its forthcoming earnings report.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.28 per share and revenue of $11.45 billion. These totals would mark changes of +66.67% and +102.04%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for XPeng Inc Sponsored ADR. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Currently, XPeng Inc. Sponsored ADR is carrying a Zacks Rank of #2 (Buy).
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 228, placing it within the bottom 8% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.