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NASDAQ:XOS

XOS (XOS) Stock Price, News & Analysis

XOS logo
$5.20 +0.06 (+1.17%)
(As of 11/13/2024 ET)

About XOS Stock (NASDAQ:XOS)

Key Stats

Today's Range
$4.97
$5.45
50-Day Range
$4.13
$5.14
52-Week Range
$4.00
$14.86
Volume
40,212 shs
Average Volume
17,348 shs
Market Capitalization
$41.60 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.25
Consensus Rating
Buy

Company Overview

Xos, Inc. designs, manufactures, and sells battery-electric commercial vehicles. The company provides class 5-6 medium duty rolling chassis, such as commercial stepvans and armored trucks; class 7-8 heavy duty chassis; and Xos product development. It offers Xos provides mix-use powertrain solutions for off-highway, industrial and other commercial equipment, and specialty vehicles, such as school buses, medical and dental clinics, blood donation vehicles, and mobile command vehicles. In addition, the company offers energy solutions, a comprehensive charging infrastructure business that offers mobile and stationary multi-application chargers, mobile energy storage, and turnkey energy infrastructure services to accelerate client transitions to electric fleets; Xos Hub, a rapid-deployment mobile charger designed to expedite fleet transitions to electric vehicles; and Xosphere, a platform that interconnects vehicle, maintenance, charging, and service data to improve overall customer experience. Further, it offers X-Pack, a proprietary battery pack technology for last-mile commercial use cases; X-Platform foundation of Xos vehicle products; and vehicle control software, which include powertrain controls, body controls, and instrument cluster and infotainment. Xos, Inc. was founded in 2020 and is headquartered in Los Angeles, California.

XOS Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
72nd Percentile Overall Score

XOS MarketRank™: 

XOS scored higher than 72% of companies evaluated by MarketBeat, and ranked 35th out of 91 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    XOS has received a consensus rating of Buy. The company's average rating score is 3.17, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    XOS has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about XOS's stock forecast and price target.
  • Earnings Growth

    Earnings for XOS are expected to grow in the coming year, from ($6.33) to ($4.14) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of XOS is -0.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of XOS is -0.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    XOS has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about XOS's valuation and earnings.
  • Percentage of Shares Shorted

    10.60% of the float of XOS has been sold short.
  • Short Interest Ratio / Days to Cover

    XOS has a short interest ratio ("days to cover") of 15.2, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in XOS has recently decreased by 1.38%, indicating that investor sentiment is improving.
  • Dividend Yield

    XOS does not currently pay a dividend.

  • Dividend Growth

    XOS does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    10.60% of the float of XOS has been sold short.
  • Short Interest Ratio / Days to Cover

    XOS has a short interest ratio ("days to cover") of 15.2, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in XOS has recently decreased by 1.38%, indicating that investor sentiment is improving.
  • News Sentiment

    XOS has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Auto/Tires/Trucks companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for XOS this week, compared to 2 articles on an average week.
  • Search Interest

    Only 5 people have searched for XOS on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added XOS to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, XOS insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    39.50% of the stock of XOS is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 12.86% of the stock of XOS is held by institutions.

  • Read more about XOS's insider trading history.
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XOS Stock News Headlines

Xos, Inc. (XOS) Q3 2024 Earnings Call Transcript
In Defence of Jon Jones Ducking Tom Aspinall
3 Dirt-Cheap Stocks You Can’t Afford to Ignore
Often, investors will overlook stocks just because they're cheap. It's a common thought that a cheap price tag means that something must be wrong with the company. But this couldn't be further from the case in many instances.
Insights into Xos's Upcoming Earnings
XOS (XOS) Set to Announce Earnings on Wednesday
See More Headlines

XOS Stock Analysis - Frequently Asked Questions

XOS's stock was trading at $7.98 on January 1st, 2024. Since then, XOS shares have decreased by 34.8% and is now trading at $5.20.
View the best growth stocks for 2024 here
.

Xos, Inc. (NASDAQ:XOS) posted its quarterly earnings results on Thursday, November, 11th. The company reported ($2.40) earnings per share for the quarter, topping the consensus estimate of ($2.70) by $0.30. The company earned $0.36 million during the quarter, compared to analyst estimates of $5.08 million. XOS had a negative net margin of 76.21% and a negative trailing twelve-month return on equity of 84.60%.

Shares of XOS reverse split on Thursday, December 7th 2023. The 1-30 reverse split was announced on Thursday, December 7th 2023. The number of shares owned by shareholders was adjusted after the market closes on Thursday, December 7th 2023. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

Shares of XOS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that XOS investors own include Palantir Technologies (PLTR), Plug Power (PLUG), Tesla (TSLA), NIO (NIO), Ford Motor (F), Lucid Group (LCID) and Nikola (NKLA).

Company Calendar

Last Earnings
11/11/2021
Today
11/13/2024
Next Earnings (Confirmed)
11/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
N/A
Current Symbol
NASDAQ:XOS
Fax
N/A
Employees
161
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.25
High Stock Price Target
$15.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+111.9%
Consensus Rating
Buy
Rating Score (0-4)
3.17
Research Coverage
6 Analysts

Profitability

Net Income
$-75,840,000.00
Pretax Margin
-76.17%

Debt

Sales & Book Value

Annual Sales
$44.52 million
Book Value
$7.61 per share

Miscellaneous

Free Float
4,842,000
Market Cap
$42.48 million
Optionable
No Data
Beta
1.81
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This page (NASDAQ:XOS) was last updated on 11/13/2024 by MarketBeat.com Staff
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