Xos Inc

Company Profile

Xos Inc had its IPO on 2021-08-20 under the ticker symbol XOS.

The company operates in the Industrials sector and Farm & Heavy Construction Machinery industry. Xos Inc has a staff strength of 289 employees.

Stock update

Shares of Xos Inc opened at $0.51 at the start of the last trading session i.e. 2023-03-23.

The stocks traded within a range of $0.49 - $0.52, and closed at $0.49.

This is a -1.05% slip from the previous day's closing price.

A total volume of 232,838 shares were traded at the close of the day’s session.

In the last one week, shares of Xos Inc have slipped by -12.85%.

Xos Inc's Key Ratios

Xos Inc has a market cap of $91.26 million, indicating a price to book ratio of 0.8493 and a price to sales ratio of 3.6776.

In the last 12-months Xos Inc’s revenue was $31.11 million with a gross profit of $-2362000 and an EBITDA of $-106212000. The EBITDA ratio measures Xos Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Xos Inc’s operating margin was -346.79% while its return on assets stood at -28.21% with a return of equity of -29.31%.

In Q4, Xos Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 2983.5%.

Xos Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.22 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Xos Inc’s profitability.

Xos Inc stock is trading at a EV to sales ratio of 2.2485 and a EV to EBITDA ratio of -0.6637. Its price to sales ratio in the trailing 12-months stood at 3.6776.

Xos Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$217.55 million

Total Liabilities

$20.32 million

Operating Cash Flow

$15.42 million

Capital Expenditure

$2.44 million

Dividend Payout Ratio

0%

Xos Inc ended 2023 with $217.55 million in total assets and $0 in total liabilities. Its intangible assets were valued at $217.55 million while shareholder equity stood at $128.08 million.

Xos Inc ended 2023 with $0 in deferred long-term liabilities, $20.32 million in other current liabilities, 17000.00 in common stock, $-57731000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $46.43 million and cash and short-term investments were $106.13 million. The company’s total short-term debt was $3,788,000 while long-term debt stood at $11.21 million.

Xos Inc’s total current assets stands at $190.99 million while long-term investments were $13.22 million and short-term investments were $59.70 million. Its net receivables were $4.15 million compared to accounts payable of $5.24 million and inventory worth $62.01 million.

In 2023, Xos Inc's operating cash flow was $15.42 million while its capital expenditure stood at $2.44 million.

Comparatively, Xos Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$0.49

52-Week High

$3.53

52-Week Low

$0.43

Analyst Target Price

$3.15

Xos Inc stock is currently trading at $0.49 per share. It touched a 52-week high of $3.53 and a 52-week low of $3.53. Analysts tracking the stock have a 12-month average target price of $3.15.

Its 50-day moving average was $0.82 and 200-day moving average was $1.24 The short ratio stood at 13.07 indicating a short percent outstanding of 0%.

Around 6682.6% of the company’s stock are held by insiders while 764.6% are held by institutions.