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XL

Market Closed

XL Fleet Corporation

XL Stock Price

RSI Chart

Valuation

Market Cap

112.6M

Price/Earnings

-2.19

Price/Sales

-2.14

Price/Cashflow

-1.93

MarketCap/EBT

-266.99

Price/Sales

Profitability

Operating Margin

137.68%

Return on Equity

-15.35%

Return on Assets

-14.54%

Fundamentals

Revenue

Revenue (TTM)

-52.6M

Revenue Y/Y

-51.73%

Revenue Q/Q

-62.57%

Earnings

Earnings (TTM)

-65.9M

Earnings Y/Y

-192.19%

Earnings Q/Q

-73.3%

Price Action

Last 7 days

39.7%

Last 30 days

39.0%

Last 90 days

-18.6%

Trailing 12 Months

-79.5%

Financial Health

Current Ratio

29.07

Investor Care

Shares Dilution (1Y)

3.37%

Diluted EPS (TTM)

-0.46

Financials for XL Fleet Corporation

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue-3.8%-52.58-50.67163127
Gross Profit-96.1%-0.81-0.41-0.7033
  S&GA Expenses3.9%53514734
  R&D Expenses-3.3%1212119
Net Income-4.5%-51.43-49.2029-15.27
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets159.4%918354366393410
  Current Assets-8.5%316345357375389
    Cash Equivalents-25.7%240322334352367
  Inventory-0.6%1414141518
  Net PPE17960.7%4042233
  GoodwillInfinity%159--99
Liabilities2856.4%55319193140
  Current Liabilities394.5%5912121717
    LT Debt, Non Current8083733.3%4850000
Shareholder's Equity-3.3%335347362370-
  Retained Earnings-17.2%-150.19-128.19-115.49-99.41-84.29
  Additional Paid-In Capital0.2%464463462461454
Shares Outstanding1.0%144142142141139
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-4.2%-60.67-58.22-57.63-48.49-41.01
  Share Based Compensation17.9%108883
Cashflow From Investing-668.2%-32.26-4.20-12.97-14.83-14.77
Cashflow From Financing-1742.3%-2.330-0.0785432

Risks

What is the probability of a big loss on XL?

58.3%


Probability that XL Fleet Corporation stock will be more than 20% underwater in next one year

57.1%


Probability that XL Fleet Corporation stock will be more than 30% underwater in next one year.

54.2%


Probability that XL Fleet Corporation stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does XL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if XL Fleet Corporation was unfortunately bought at previous high price.

Returns

Cumulative Returns on XL

-51.3%


3-Year Cumulative Returns

Which funds bought or sold XL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
National Asset Management, Inc.
SOLD OFF
-100
-29,000
-
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-5,000
-
-%
2022-11-15
JANE STREET GROUP, LLC
ADDED
862.75
92,000
107,000
-%
2022-11-15
VERUS CAPITAL PARTNERS, LLC
ADDED
10.38
-6,000
16,000
-%
2022-11-15
BNP PARIBAS ARBITRAGE, SNC
NEW
-
495,600
495,600
-%
2022-11-15
Jade Capital Advisors, LLC
UNCHANGED
-
-5,000
18,000
0.09%
2022-11-15
STATE STREET CORP
ADDED
1.41
-441,000
1,606,000
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-14
Point72 Hong Kong Ltd
NEW
-
1,000
1,000
-%
2022-11-14
Engineers Gate Manager LP
REDUCED
-47.35
-27,000
19,000
-%

1–10 of 40

Latest Funds Activity

Are funds buying XL calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own XL

XL Fleet Corporation News

MarketBeat

XL Fleet (NYSE:XL) Earns Sell Rating from Analysts at StockNews.com.3 days ago

XL Fair Value

Recent SEC filings of XL Fleet Corporation

View All Filings
Date Filed Form Type Document
Nov 28, 2022
4
Insider Trading
Nov 22, 2022
8-K/A
Current Report
Nov 21, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 15, 2022
4
Insider Trading
Nov 15, 2022
4
Insider Trading
Nov 14, 2022
8-K
Current Report
Nov 09, 2022
10-Q
Quarterly Report
Nov 09, 2022
8-K
Current Report
Oct 28, 2022
8-K
Current Report

Latest Insider Trading transactions for XL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-09-15
Miller John P.
BOUGHT
22,200
1.11
20,000
-
2022-09-09
Fong Christian S.
SOLD (Taxes)
-329,144
1.17
-281,320
President
2022-09-09
Fong Christian S.
ACQUIRED
1,063,640
0.585
1,818,180
President
2022-05-20
Calhoun Colleen
ACQUIRED
-
-
250,000
VP/General Manager of XL grid
2022-05-20
Kenhard Michael
ACQUIRED
-
-
200,000
CTO and VP of Engineering
2022-05-20
Constas Stacey
ACQUIRED
-
-
201,613
General Counsel
2022-05-10
Tech Eric M.
ACQUIRED
-
-
806,452
CEO
2022-05-04
Sclarsic Sarah
ACQUIRED
-
-
96,774
-
2022-05-04
Miller John P.
ACQUIRED
-
-
241,935
-
2022-05-04
Griffin Kevin
ACQUIRED
-
-
96,774
-

1–10 of 40

Eric M. Tech
180
XL Fleet Corp. provides fleet electrification solutions for commercial vehicles in North America. Its products include hybrid electric drive systems are comprised of an electric motor that is mounted onto the vehicle's drive shaft, an inverter motor controller, and a lithium-ion battery pack to store energy to be used for propulsion; plug-in hybrid electric drive system, which are fitted to vehicles. In addition, the company offers vehicle electrification and infrastructure solutions, and charging stations. It serves end-use customer base comprising Fortune 500 corporate enterprises, public utilities, and various municipalities. The company was incorporated in 2009 and is headquartered in Boston, Massachusetts.

XL Income Statement

2022-09-30
Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues$ 8,360$ 3,200$ 16,133$ 7,569
Operating expenses:    
Engineering, research and development2,3483,2177,7417,438
Selling, general, and administrative expenses29,34312,74253,80231,522
Impairment of goodwill008,6060
Total operating expenses36,36818,46982,46745,593
Loss from operations(28,008)(15,269)(66,334)(38,024)
Other (income) expense:    
Interest expense, net2,122142,14135
Gain on extinguishment of debt00(4,527)0
Loss on asset disposal7712475545
Change in fair value of obligation to issue shares of common stock to sellers of World Energy(42)(532)(540)(18)
Change in fair value of warrant liability(646)(7,229)(5,146)(81,960)
Change in fair value of interest rate swaps(8,533)0(8,533)0
Other income(94)(15)(123)(40)
Net (loss) income(21,586)(7,531)(50,361)43,914
Net income (loss)41904190
Net (loss) income attributable to XL Fleet$ (22,005)$ (7,531)$ (50,780)$ 43,914
Net (loss) income attributable to XL Fleet per share, basic (in dollars per share)$ (0.15)$ (0.05)$ (0.36)$ 0.32
Net (loss) income attributable to XL Fleet per share, diluted (in dollars per share)$ (0.15)$ (0.05)$ (0.36)$ 0.30
Weighted-average shares outstanding, basic (in shares)142,895,483139,392,170142,142,971138,082,355
Weighted-average shares outstanding, diluted (in shares)142,895,483139,392,170142,142,971148,469,108
Solar energy systems depreciation    
Operating expenses:    
Cost of revenues$ 1,334$ 0$ 1,334$ 0
Operations and maintenance    
Operating expenses:    
Cost of revenues64006400
Loan servicing    
Operating expenses:    
Cost of revenues2020
Inventory and other direct costs    
Operating expenses:    
Cost of revenues$ 2,701$ 2,510$ 10,342$ 6,633

XL Balance Sheet

2022-09-30
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 239,512$ 351,676
Restricted cash32,122150
Accounts receivable, net17,1596,477
Inventory, net14,10115,262
Interest rate swap assets, current7,2290
Prepaid expenses and other current assets5,6741,040
Total current assets315,797374,605
Solar energy systems, net404,3800
Other property and equipment, net1,6553,495
Interest rate swap assets, non-current28,0010
Intangible assets, net1,0611,863
Right-of-use asset7,6354,564
Goodwill158,6368,606
Other assets46688
Total assets917,631393,221
Current liabilities:  
Current portion of long-term debt25,34078
Accounts payable6,8063,799
Lease liability, current1,462900
Accrued expenses and other current liabilities25,10111,856
Total current liabilities58,70916,633
Long-term debt, net of current portion485,03021
Deferred revenue1,458691
Lease liability, non-current7,0033,599
Warrant liabilities2595,405
Contingent consideration73541
Other long-term liabilities100
New market tax credit obligation04,521
Total liabilities552,54231,411
Redeemable noncontrolling interests38,9000
Stockholders’ equity  
Common stock, $0.0001 par value; 350,000,000 shares authorized at September 30, 2022 and December 31, 2021; 143,863,062 and 140,540,671 issued and outstanding at September 30, 2022 and December 31, 2021, respectively1414
Additional paid-in capital464,042461,207
Noncontrolling interests12,3240
Accumulated deficit(150,191)(99,411)
Total stockholders’ equity326,189361,810
Total liabilities, redeemable noncontrolling interests and stockholders’ equity$ 917,631$ 393,221