XPeng (XPEV) to Release Quarterly Earnings on Tuesday

XPeng (NYSE:XPEV) is projected to announce its earnings results before the market opens on Tuesday, March 18th. Analysts expect the company to announce earnings of ($1.36) per share and revenue of $16.11 billion for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

XPeng Price Performance

Shares of NYSE:XPEV opened at $23.72 on Friday. The firm’s 50 day moving average price is $17.22 and its 200-day moving average price is $13.53. XPeng has a twelve month low of $6.55 and a twelve month high of $27.16. The company has a quick ratio of 1.18, a current ratio of 1.37 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $22.34 billion, a PE ratio of -27.26 and a beta of 2.68.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. UBS Group raised shares of XPeng from a “sell” rating to a “neutral” rating and increased their target price for the stock from $8.80 to $18.00 in a report on Monday, February 24th. The Goldman Sachs Group lowered shares of XPeng from a “buy” rating to a “neutral” rating and set a $12.50 target price for the company. in a report on Thursday, November 21st. Citigroup raised shares of XPeng from a “neutral” rating to a “buy” rating and increased their target price for the stock from $13.70 to $29.00 in a report on Monday, March 10th. China Renaissance raised shares of XPeng from a “hold” rating to a “buy” rating and set a $16.70 target price for the company in a report on Friday, November 22nd. Finally, Sanford C. Bernstein increased their target price on shares of XPeng from $9.00 to $14.00 and gave the stock a “market perform” rating in a report on Wednesday, November 20th. Four investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, XPeng presently has a consensus rating of “Moderate Buy” and a consensus target price of $15.63.

XPeng Company Profile

XPeng Inc designs, develops, manufactures, and markets smart electric vehicles (EVs) in the People's Republic of China. It offers SUVs under the G3, G3i, and G9 names; four-door sports sedans under the P7 and P7i names; and family sedans under the P5 name. The company also provides sales contracts, super charging, maintenance, technical support, auto financing, insurance, technology support, ride-hailing, automotive loan referral, and other services, as well as vehicle leasing and insurance agency services.