XL Fleet(XL-N) Rating
A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
Correspondingly, Is XL a good stock to buy? The consensus among Wall Street equities research analysts is that investors should « hold » XL Fleet stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in XL, but not buy additional shares or sell existing shares.
Will XL stock go up? Given the current horizontal trend, you can expect XL Fleet Corp. stock with a 90% probability to be traded between $1.58 and $2.40 at the end of this 3-month period.
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Predicted Opening Price for XL Fleet Corp. of Monday, April 18, 2022.
| Fair opening price April 18, 2022 | Current price |
|---|---|
| $1.78 | $1.78 (Undervalued) |
Furthermore, Why is XL stock dropping?
Shares of XL Fleet ( XL -3.74% ) were trading sharply lower on Friday, after the company reported second-quarter earnings that fell short of Wall Street’s estimates and provided a subdued outlook for the remainder of 2021. As of 11:30 a.m. EDT, XL Fleet’s shares were down about 13.9% from Thursday’s closing price.
What is XL Fleet future?
XL Fleet is a leading provider of vehicle electrification solutions for commercial and municipal fleets in North America, with more than 180 million miles driven by customers such as The Coca-Cola Company, Verizon, Yale University and the City of Boston.
What does XL Fleet make? XL Fleet is a provider of electrified powertrain solutions for commercial fleet vehicles. The company provides real-time data monitoring and analytics and will expand its “Electrification-as-a Service” solution, which includes power management, charging infrastructure, and onsite power and storage offerings.
Is XL Fleet making money? The company did say it generated more than half of total 2021 revenue in its fourth quarter. But that $8 million was still down from the year-ago period. The company ended the year with about $350 million in net cash on its balance sheet, and its market cap was just $255 million going into the report.
What is happening with XL Fleet? XL Fleet Corp. shares have decreased 36% YTD. 2021 revenues decreased 23.3% YoY. 2021 loss from operations increased 285% YoY. These suboptimal results indicate that the company faces significant financial and operational challenges in 2022.
Is XL Fleet a real company?
XL Fleet is a provider of electrified powertrain solutions for commercial fleet vehicles. The company provides real-time data monitoring and analytics and will expand its “Electrification-as-a Service” solution, which includes power management, charging infrastructure, and onsite power and storage offerings.
How do I invest in XL Fleet? How to buy shares in XL Fleet
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Who is XL Fleet merging with?
XL Fleet Completes Merger with Pivotal Investment Corporation II, a Special Purpose Acquisition Company, Begins Trading on NYSE.
Who owns XL Fleet? Jon Ledecky
Jon is also a private equity investor who has been the co-founder or initial investor in companies that have raised over $20 billion in financing.
Who is invested in XL Fleet?
Top 10 Owners of XL Fleet Corp
| Stockholder | Stake | Total value ($) |
|---|---|---|
| The Vanguard Group, Inc. | 6.79% | 18,447,963 |
| JPMorgan Investment Management, I… | 4.93% | 13,399,152 |
| BlackRock Fund Advisors | 2.36% | 6,403,790 |
| Morgan Stanley & Co. LLC | 1.15% | 3,111,580 |
How much debt does XL fleet have?
Cash and cash equivalents as of September 30, 2021 totaled $366.7 million compared to $329.6 million as of December 31, 2020. Total debt outstanding as of September 30, 2021 was approximately $0.1 million. XL Fleet has approximately 139.4 million shares of Common Stock outstanding as of September 30, 2021.
Why did lucid stock drop? Shares are falling in after-hours trading because production isn’t ramping up fast enough for investors. Lucid (ticker: LCID) stock rose 10% in Monday’s regular session. That was a good day for shares considering that the S&P 500 and Dow Jones Industrial Average fell about 0.2% and 0.5%, respectively.
Why is proterra stock dropping? Sales came in better than expected, but higher supply chain costs and weaker than expected 2022 sales guidance are pressuring shares. Proterra (ticker: PTRA) stock dropped 9% in regular hours trading on a tough day for markets.
Who is XL fleet merging with?
XL Fleet Completes Merger with Pivotal Investment Corporation II, a Special Purpose Acquisition Company, Begins Trading on NYSE.
How much does an XL Fleet system cost? In fact, XL Fleet’s analysis is based on volume pricing for XL’s hybrid Transit van system of $13,000 per system. This pricing is based on an actual 2020 customer order, including estimated cost of installation.
Who uses XL Fleet?
XL Fleet is a leading provider of vehicle electrification solutions for commercial and municipal fleets in North America, with more than 150 million miles driven by customers such as The Coca-Cola Company, Verizon, Yale University and the City of Boston.
Who are XL Fleet customers? XL Fleet is a leading provider of vehicle electrification solutions for commercial and municipal fleets in North America, with more than 150 million miles driven by customers such as The Coca-Cola Company, Verizon, Yale University and the City of Boston.
What does XL fleet Corp do?
XL Fleet is a leading provider of vehicle electrification solutions for commercial fleets in North America. Our vision is to become the world leader in fleet electrification.
