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XPeng Inc. Sponsored ADR (XPEV) Dips More Than Broader Markets: What You Should Know
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XPeng Inc. Sponsored ADR (XPEV - Free Report) closed the most recent trading day at $36.86, moving -1.05% from the previous trading session. This change lagged the S&P 500's daily loss of 0.37%.
Prior to today's trading, shares of the company had lost 17.31% over the past month. This has lagged the Auto-Tires-Trucks sector's loss of 16.74% and the S&P 500's loss of 6.01% in that time.
XPeng Inc. Sponsored ADR will be looking to display strength as it nears its next earnings release.
Investors should also note any recent changes to analyst estimates for XPeng Inc. Sponsored ADR. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 12.82% lower. XPeng Inc. Sponsored ADR currently has a Zacks Rank of #4 (Sell).
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 179, which puts it in the bottom 30% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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XPeng Inc. Sponsored ADR (XPEV) Dips More Than Broader Markets: What You Should Know
XPeng Inc. Sponsored ADR (XPEV - Free Report) closed the most recent trading day at $36.86, moving -1.05% from the previous trading session. This change lagged the S&P 500's daily loss of 0.37%.
Prior to today's trading, shares of the company had lost 17.31% over the past month. This has lagged the Auto-Tires-Trucks sector's loss of 16.74% and the S&P 500's loss of 6.01% in that time.
XPeng Inc. Sponsored ADR will be looking to display strength as it nears its next earnings release.
Investors should also note any recent changes to analyst estimates for XPeng Inc. Sponsored ADR. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 12.82% lower. XPeng Inc. Sponsored ADR currently has a Zacks Rank of #4 (Sell).
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 179, which puts it in the bottom 30% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.