Xos Inc's fundamentals are relatively very healthy, with industry-average ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 41 out of 67 in the Automobiles & Auto Parts industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 6.00.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Xos Inc is 8.64, ranking 14 out of 67 in the Automobiles & Auto Parts industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 16.50M, representing a year-over-year increase of 4.50%, while its net profit experienced a year-over-year increase of 120.20%.
Key Metrics
The current valuation score of Xos Inc is 8.50, ranking 9 out of 67 in the Automobiles & Auto Parts industry. Its current P/E ratio is -0.54, which is -27.72% below the recent high of -0.39 and -352.58% above the recent low of -2.43.
The current earnings forecast score of Xos Inc is 7.00, ranking 41 out of 67 in the Automobiles & Auto Parts industry. The average price target is 6.00, with a high of 6.00 and a low of 6.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Xos Inc is 5.48, ranking 62 out of 67 in the Automobiles & Auto Parts industry. Currently, the stock price is trading between the resistance level at 2.89 and the support level at 1.86, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Xos Inc is 3.00, ranking 39 out of 67 in the Automobiles & Auto Parts industry. The latest institutional shareholding proportion is 2.07%, representing a quarter-over-quarter decrease of 46.10%. The largest institutional shareholder is The Vanguard, holding a total of 149.83K shares, representing 1.32% of shares outstanding, with 23.02% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Automobiles & Auto Parts domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Xos Inc is 3.05, ranking 53 out of 67 in the Automobiles & Auto Parts industry. The company's beta value is 1.67. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Xos Inc’s latest ESG disclosure is at an average level in the Automobiles & Auto Parts industry, showing no material impact on overall risk.
