XOS (XOS) Projected to Post Quarterly Earnings on Friday

XOS (NASDAQ:XOS) is expected to be issuing its quarterly earnings data after the market closes on Friday, March 28th. Analysts expect the company to announce earnings of ($1.13) per share and revenue of $20.89 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

XOS Price Performance

Shares of XOS stock opened at $3.71 on Friday. XOS has a fifty-two week low of $2.92 and a fifty-two week high of $12.61. The firm has a fifty day moving average price of $3.61 and a two-hundred day moving average price of $4.03. The company has a market cap of $29.79 million, a PE ratio of -0.56 and a beta of 1.67.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on XOS shares. Northland Capmk cut shares of XOS from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 25th. Northland Securities restated a “market perform” rating and issued a $5.00 price objective (down previously from $9.00) on shares of XOS in a research note on Monday, November 25th. Three investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $10.25.

About XOS

Xos, Inc is an electric mobility company engaged in manufacturing electric trucks. The firm designs and develops fully electric battery mobility systems specifically for commercial fleets. The company was founded by Dakota Semler and Giordano Sordoni on July 29, 2020 and is headquartered in Los Angeles, CA.