Wall Street is negative on Xinyuan Real Estate Co., Ltd. (XIN). On average, analysts give Xinyuan Real Estate Co., Ltd. a Strong Sell rating. The average price target is $, which means analysts expect the stock to decline by -100.00% over the next twelve months.
That average ranking earns Xinyuan Real Estate Co., Ltd. an Analyst Rating of 0, which is better than 0% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Xinyuan Real Estate Co., Ltd. Stock Today?
Xinyuan Real Estate Co., Ltd. (XIN) stock has fallen -1.21% while the S&P 500 is up 0.15% as of 1:44 PM on Friday, May 22. XIN has fallen -$0.03 from the previous closing price of $2.47 on volume of 94,798 shares. Over the past year the S&P 500 has gained 4.63% while XIN has fallen -42.04%. XIN earned $1.20 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 2.04.