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2021-03-10
$XPeng Inc.(XPEV)$
up up up
XPeng Shares Have Fallen Far Enough for One Analyst<blockquote>对于一位分析师来说,小鹏汽车股价已经下跌得足够远了</blockquote>
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Butrecent declinesare an opportunity according to one analyst who says Buy the ADRs now.Daiwa analyst Kelvin Lau double-upgraded Xpeng to Buy from Sell Tuesday. Typically, analysts move one notch at a time going, for instance, from Sell to Hold and then to Buy.Coming into Tuesday, XPeng ADRs were down about 23% over the past two weeks, for a year-to-date loss of 35%. The market hasn’t been kind to ","content":"<p>American depositary receipts of Chinese electric-vehicle maker XPeng has had a rough ride lately. Butrecent declinesare an opportunity according to one analyst who says Buy the ADRs now.</p><p><blockquote>中国电动汽车制造商小鹏汽车的美国存托凭证最近经历了一段艰难的时期。但一位分析师表示,最近的下跌是一个机会,他表示现在就购买美国存托凭证。</blockquote></p><p> Daiwa analyst Kelvin Lau double-upgraded Xpeng (ticker: XPEV) to Buy from Sell Tuesday. Typically, analysts move one notch at a time going, for instance, from Sell to Hold and then to Buy.</p><p><blockquote>大和分析师Kelvin Lau周二将小鹏汽车(股票代码:XPEV)的评级从卖出上调至买入。通常情况下,分析师会一次移动一个级别,例如从卖出到持有,然后再到买入。</blockquote></p><p> Despite the much more bullish take, Lau barely had to move hisprice target. It went to $34 from $32, up only about 6%. The reason for his call appears to be more about recent market action than aboutcompany-specificdevelopments.</p><p><blockquote>尽管他的观点更加乐观,但刘几乎不需要改变他的价格目标。从32美元涨至34美元,仅上涨约6%。他看涨期权的原因似乎更多地是关于最近的市场行为,而不是公司具体的发展。</blockquote></p><p> Coming into Tuesday, XPeng ADRs were down about 23% over the past two weeks, for a year-to-date loss of 35%. The market hasn’t been kind to EV investors lately.Tesla (TSLA) stock was also down more than 20% over the past two weeks, coming into Tuesday trading.</p><p><blockquote>截至周二,小鹏汽车ADR在过去两周内下跌了约23%,今年迄今已下跌35%。最近市场对电动汽车投资者并不友善。截至周二交易,特斯拉(TSLA)股价在过去两周内也下跌了20%以上。</blockquote></p><p> One reason for recent declines is that XPeng, and other Chinese EV makers, delivered fewer cars in February than in January, spooking investors. But February is the time of the Lunar New Year holiday, when sales of big-ticket items is often put on hold.XPeng managementtells<i>Barron’s</i>there is a two-week period in the month where it is essentially impossible to register a new car, as purchasing stops.</p><p><blockquote>近期下跌的原因之一是小鹏汽车和其他中国电动汽车制造商2月份的汽车交付量低于1月份,令投资者感到恐慌。但二月是农历新年假期,大件商品的销售经常被搁置。小鹏汽车管理层表示<i>巴伦周刊</i>这个月有两周的时间基本上不可能注册新车,因为购买停止了。</blockquote></p><p> The bigger factor than deliveries, however, is fear of inflation. Higher inflation means higher interest rates, which are problematic for richly valued, high-growth stocks in two ways. First, a rise in rates makes funding growth more expensive. Second, high-growth companies generate most of their cash flow and potential dividends far in the future. That cash flow is relatively less attractive as investors can earn more interest right now.</p><p><blockquote>然而,比交付更大的因素是对通货膨胀的担忧。更高的通胀意味着更高的利率,这对于估值高、高增长的股票来说在两个方面存在问题。首先,利率上升使融资增长更加昂贵。其次,高增长公司的大部分现金流和潜在股息是在遥远的未来产生的。这种现金流的吸引力相对较小,因为投资者现在可以赚取更多利息。</blockquote></p><p> XPeng ADRs qualify as high-growth shares. Analysts expect sales to grow roughly 150% year over year in 2021.</p><p><blockquote>小鹏汽车美国存托凭证符合高增长股票资格。分析师预计2021年销售额将同比增长约150%。</blockquote></p><p> The upgrade is good news, but inflation fears will continue to affect XPeng ADRs for a while. That makes Wednesday’s inflation data a little higher stakes than usual. Economists expect prices—excluding food and energy—to be 0.2% higher in February compared with January. (Economists focus on inflation excluding food and energy to avoid commodity-price swings in the numbers.)</p><p><blockquote>此次升级是个好消息,但通胀担忧将在一段时间内继续影响小鹏汽车ADR。这使得周三的通胀数据比平时的风险要高一些。经济学家预计,2月份不包括食品和能源的价格将比1月份上涨0.2%。(经济学家关注的是不包括食品和能源的通货膨胀,以避免数字中的大宗商品价格波动。)</blockquote></p><p> XPeng ADRs are up about 11% on Tuesday. The upgrade helps. So does the bounce in tech stocks. The Nasdaq Composite,home to many high-growth stocks, is up 3%, bouncing back after its recent selloff. The S&P 500 and Dow Jones Industrial Averageare up about 1% and 0.1%, respectively.</p><p><blockquote>小鹏汽车ADR周二上涨约11%。升级有帮助。科技股的反弹也是如此。拥有许多高增长股票的纳斯达克综合指数上涨3%,在最近的抛售后反弹。标准普尔500指数和道琼斯工业平均指数分别上涨约1%和0.1%。</blockquote></p><p> With the upgrade, about 85% of analysts covering XPeng ADRs rate them at Buy. About 75% of analysts coveringLi Auto(LI), for comparison, rate those ADRs at Buy. More than 60% rateNIO(NIO)ADRs at Buy, which is theaverageBuy-rating ratio for stocks in the Dow.</p><p><blockquote>随着升级,约85%关注小鹏汽车ADR的分析师将其评级为“买入”。相比之下,大约75%的研究理想汽车(LI)的分析师将这些ADR评级为“买入”。超过60%的蔚来ADR评级为买入,这是道琼斯指数股票的平均买入评级。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>XPeng Shares Have Fallen Far Enough for One Analyst<blockquote>对于一位分析师来说,小鹏汽车股价已经下跌得足够远了</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXPeng Shares Have Fallen Far Enough for One Analyst<blockquote>对于一位分析师来说,小鹏汽车股价已经下跌得足够远了</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-03-10 17:17</span>\n</p>\n</h4>\n</header>\n<article>\n<p>American depositary receipts of Chinese electric-vehicle maker XPeng has had a rough ride lately. Butrecent declinesare an opportunity according to one analyst who says Buy the ADRs now.</p><p><blockquote>中国电动汽车制造商小鹏汽车的美国存托凭证最近经历了一段艰难的时期。但一位分析师表示,最近的下跌是一个机会,他表示现在就购买美国存托凭证。</blockquote></p><p> Daiwa analyst Kelvin Lau double-upgraded Xpeng (ticker: XPEV) to Buy from Sell Tuesday. Typically, analysts move one notch at a time going, for instance, from Sell to Hold and then to Buy.</p><p><blockquote>大和分析师Kelvin Lau周二将小鹏汽车(股票代码:XPEV)的评级从卖出上调至买入。通常情况下,分析师会一次移动一个级别,例如从卖出到持有,然后再到买入。</blockquote></p><p> Despite the much more bullish take, Lau barely had to move hisprice target. It went to $34 from $32, up only about 6%. The reason for his call appears to be more about recent market action than aboutcompany-specificdevelopments.</p><p><blockquote>尽管他的观点更加乐观,但刘几乎不需要改变他的价格目标。从32美元涨至34美元,仅上涨约6%。他看涨期权的原因似乎更多地是关于最近的市场行为,而不是公司具体的发展。</blockquote></p><p> Coming into Tuesday, XPeng ADRs were down about 23% over the past two weeks, for a year-to-date loss of 35%. The market hasn’t been kind to EV investors lately.Tesla (TSLA) stock was also down more than 20% over the past two weeks, coming into Tuesday trading.</p><p><blockquote>截至周二,小鹏汽车ADR在过去两周内下跌了约23%,今年迄今已下跌35%。最近市场对电动汽车投资者并不友善。截至周二交易,特斯拉(TSLA)股价在过去两周内也下跌了20%以上。</blockquote></p><p> One reason for recent declines is that XPeng, and other Chinese EV makers, delivered fewer cars in February than in January, spooking investors. But February is the time of the Lunar New Year holiday, when sales of big-ticket items is often put on hold.XPeng managementtells<i>Barron’s</i>there is a two-week period in the month where it is essentially impossible to register a new car, as purchasing stops.</p><p><blockquote>近期下跌的原因之一是小鹏汽车和其他中国电动汽车制造商2月份的汽车交付量低于1月份,令投资者感到恐慌。但二月是农历新年假期,大件商品的销售经常被搁置。小鹏汽车管理层表示<i>巴伦周刊</i>这个月有两周的时间基本上不可能注册新车,因为购买停止了。</blockquote></p><p> The bigger factor than deliveries, however, is fear of inflation. Higher inflation means higher interest rates, which are problematic for richly valued, high-growth stocks in two ways. First, a rise in rates makes funding growth more expensive. Second, high-growth companies generate most of their cash flow and potential dividends far in the future. That cash flow is relatively less attractive as investors can earn more interest right now.</p><p><blockquote>然而,比交付更大的因素是对通货膨胀的担忧。更高的通胀意味着更高的利率,这对于估值高、高增长的股票来说在两个方面存在问题。首先,利率上升使融资增长更加昂贵。其次,高增长公司的大部分现金流和潜在股息是在遥远的未来产生的。这种现金流的吸引力相对较小,因为投资者现在可以赚取更多利息。</blockquote></p><p> XPeng ADRs qualify as high-growth shares. Analysts expect sales to grow roughly 150% year over year in 2021.</p><p><blockquote>小鹏汽车美国存托凭证符合高增长股票资格。分析师预计2021年销售额将同比增长约150%。</blockquote></p><p> The upgrade is good news, but inflation fears will continue to affect XPeng ADRs for a while. That makes Wednesday’s inflation data a little higher stakes than usual. Economists expect prices—excluding food and energy—to be 0.2% higher in February compared with January. (Economists focus on inflation excluding food and energy to avoid commodity-price swings in the numbers.)</p><p><blockquote>此次升级是个好消息,但通胀担忧将在一段时间内继续影响小鹏汽车ADR。这使得周三的通胀数据比平时的风险要高一些。经济学家预计,2月份不包括食品和能源的价格将比1月份上涨0.2%。(经济学家关注的是不包括食品和能源的通货膨胀,以避免数字中的大宗商品价格波动。)</blockquote></p><p> XPeng ADRs are up about 11% on Tuesday. The upgrade helps. So does the bounce in tech stocks. The Nasdaq Composite,home to many high-growth stocks, is up 3%, bouncing back after its recent selloff. The S&P 500 and Dow Jones Industrial Averageare up about 1% and 0.1%, respectively.</p><p><blockquote>小鹏汽车ADR周二上涨约11%。升级有帮助。科技股的反弹也是如此。拥有许多高增长股票的纳斯达克综合指数上涨3%,在最近的抛售后反弹。标准普尔500指数和道琼斯工业平均指数分别上涨约1%和0.1%。</blockquote></p><p> With the upgrade, about 85% of analysts covering XPeng ADRs rate them at Buy. About 75% of analysts coveringLi Auto(LI), for comparison, rate those ADRs at Buy. More than 60% rateNIO(NIO)ADRs at Buy, which is theaverageBuy-rating ratio for stocks in the Dow.</p><p><blockquote>随着升级,约85%关注小鹏汽车ADR的分析师将其评级为“买入”。相比之下,大约75%的研究理想汽车(LI)的分析师将这些ADR评级为“买入”。超过60%的蔚来ADR评级为买入,这是道琼斯指数股票的平均买入评级。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/xpeng-shares-have-fallen-far-enough-for-one-analyst-51615305626?mod=RTA\">Barrons</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车"},"source_url":"https://www.barrons.com/articles/xpeng-shares-have-fallen-far-enough-for-one-analyst-51615305626?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151478477","content_text":"American depositary receipts of Chinese electric-vehicle maker XPeng has had a rough ride lately. Butrecent declinesare an opportunity according to one analyst who says Buy the ADRs now.\nDaiwa analyst Kelvin Lau double-upgraded Xpeng (ticker: XPEV) to Buy from Sell Tuesday. Typically, analysts move one notch at a time going, for instance, from Sell to Hold and then to Buy.\nDespite the much more bullish take, Lau barely had to move hisprice target. It went to $34 from $32, up only about 6%. The reason for his call appears to be more about recent market action than aboutcompany-specificdevelopments.\nComing into Tuesday, XPeng ADRs were down about 23% over the past two weeks, for a year-to-date loss of 35%. The market hasn’t been kind to EV investors lately.Tesla (TSLA) stock was also down more than 20% over the past two weeks, coming into Tuesday trading.\nOne reason for recent declines is that XPeng, and other Chinese EV makers, delivered fewer cars in February than in January, spooking investors. But February is the time of the Lunar New Year holiday, when sales of big-ticket items is often put on hold.XPeng managementtellsBarron’sthere is a two-week period in the month where it is essentially impossible to register a new car, as purchasing stops.\nThe bigger factor than deliveries, however, is fear of inflation. Higher inflation means higher interest rates, which are problematic for richly valued, high-growth stocks in two ways. First, a rise in rates makes funding growth more expensive. Second, high-growth companies generate most of their cash flow and potential dividends far in the future. That cash flow is relatively less attractive as investors can earn more interest right now.\nXPeng ADRs qualify as high-growth shares. Analysts expect sales to grow roughly 150% year over year in 2021.\nThe upgrade is good news, but inflation fears will continue to affect XPeng ADRs for a while. That makes Wednesday’s inflation data a little higher stakes than usual. Economists expect prices—excluding food and energy—to be 0.2% higher in February compared with January. (Economists focus on inflation excluding food and energy to avoid commodity-price swings in the numbers.)\nXPeng ADRs are up about 11% on Tuesday. The upgrade helps. So does the bounce in tech stocks. The Nasdaq Composite,home to many high-growth stocks, is up 3%, bouncing back after its recent selloff. The S&P 500 and Dow Jones Industrial Averageare up about 1% and 0.1%, respectively.\nWith the upgrade, about 85% of analysts covering XPeng ADRs rate them at Buy. About 75% of analysts coveringLi Auto(LI), for comparison, rate those ADRs at Buy. More than 60% rateNIO(NIO)ADRs at Buy, which is theaverageBuy-rating ratio for stocks in the Dow.","news_type":1,"symbols_score_info":{"XPEV":0.9}},"isVote":1,"tweetType":1,"viewCount":719,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["XPEV"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":23,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/323425258"}
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