How to Buy Xos Stock
Xos Inc
Xos, Inc. , a mobility solutions company, manufactures and sells battery-electric commercial vehicles.
Xos stock last closed at $7.56, down 0.4% from the previous day, and has decreased 49.36% in one year. It has underperformed other stocks in the Farm & Heavy Construction Machinery industry by 0.67 percentage points. Xos stock is currently +37.45% from its 52-week low of $5.50, and -61.82% from its 52-week high of $19.80.
As of Apr 26, 2024, there are 7.75M shares of XOS outstanding. The market capitalization of XOS is $58.59M. In the past 24 hours, 6773 XOS shares were traded.
How to Buy Xos Stock
Not sure how to invest in Xos stock? Here's how.
- Figure out where to buy Xos stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Xos stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Select your method of payment and add your information.
- Evaluate Xos stock: The Xos ticker symbol is XOS. Is Xos stock a good investment? Should you buy shares of XOS? How do XOS's underlying business fundamentals look? Do top analysts think Xos is a good buy? Why has XOS's stock price moved recently? (Hint: Our stock market research website can help you decide if XOS is a good stock to buy).
- Place your XOS buy order: Decide if you will purchase XOS shares at the current market price or use a limit order to purchase XOS shares at a specific price.
- Get updates on your investment in XOS: Create a watchlist to get the latest news on your investment in Xos stock.
Step 1: Figure out where to buy Xos stock
You need an online brokerage account to access the NASDAQ market and buy XOS stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal details so you can invest in XOS stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start a new trading account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on one of the most highly reviewed stock apps, you need to deposit funds:
Check out the tutorial below if you need help depositing funds into your new investment account.
Step 4: Evaluate Xos stock
After you have identified the best place to buy Xos stock, it's very important to evaluate their stock before you invest, so you truly understand the risk and upside.
Xos Numbers
XOS Overview
WallStreetZen was designed to help everyday investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on XOS's stock page.
Is XOS stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge XOS's fair value.
Using relative valuations methods:
- XOS could be undervalued based on its P/B ratio of 1.3x, relative to Farm & Heavy Construction Machinery industry P/B ratio of 4.74x
You can access more valuation research on XOS's stock here.
XOS Financial Health Summary
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the XOS balance sheet.
- There are more short-term assets than short-term liabilities on the XOS balance sheet.
- Total XOS debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- XOS has $11.64M in cash and short term investments. This is not sufficient to cover its annual cash burn of $40.67M.
- XOS has cash burn of 40671000. It does not have sufficient cash and short-term investments to cover this.
- XOS profit margin has gone up by 0.31 percentage points in the past year, but the company is still unprofitable.
- XOS has a relatively high debt to equity ratio of 1.07.
Is Xos stock a Buy, Hold, or Sell, according to analysts?
Out of 3 Equities analysts who give forecasts on XOS, the consensus analyst rating on Xos is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Xos stock forecast page.
XOS Momentum
XOS Earnings
Last year, XOS revenue was $44.52M. During the past five year, XOS's revenue has gone up by 170.4% per year. This was faster than the Farm & Heavy Construction Machinery industry average of 6.51%.
Dive into XOS's earnings and revenue performance here.
Are XOS executives and large shareholders buying or selling the stock?
In the last 12 months, executives and large shareholders at XOS have sold more shares than they have bought.
Liana Pogosyan, Acting Chief Financial Officer of XOS, was the latest XOS insider to sell. They sold $5,413.98 worth of XOS stock on Apr 10, 2024.
Get more info about who owns XOS shares here.
Can I rely on XOS as an income stream?
No, Xos doesn't provide an income stream by paying out dividends.
What do other traders have to say about XOS?
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your XOS buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, use a limit order.
Click the Open Trade button and your broker will place your order.
If you want more help investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your investment in XOS
Now that you own some XOS shares, you'll want to keep up with your shares.
Create a watchlist to keep tabs on your XOS stock.
XOS Feed
How to Buy Stock in Xos
To summarize, here are the 6 steps to buy stock in Xos:
- Figure out where to buy Xos stock
- Open a brokerage account
- Deposit money your investment account
- Evaluate Xos stock
- Place your XOS buy order
- Get updates on your investment in XOS
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep tabs on your investment in Xos, create a watchlist today.
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