In the past week, XEL stock has gone up by 1.58%, with a monthly decline of -0.79% and a quarterly plunge of -9.87%. The volatility ratio for the week is 1.48%, and the volatility levels for the last 30 days are 1.62% for Xcel Energy Inc. The simple moving average for the last 20 days is 0.94% for XEL stock, with a simple moving average of -11.84% for the last 200 days.
Is It Worth Investing in Xcel Energy Inc. (NASDAQ: XEL) Right Now?
The price-to-earnings ratio for Xcel Energy Inc. (NASDAQ: XEL) is 18.38x, which is above its average ratio. Moreover, the 36-month beta value for XEL is 0.43. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 0 as “overweight,” 12 as “hold,” and 0 as “sell.”
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The average price recommended by analysts for Xcel Energy Inc. (XEL) is $66.46, which is $8.03 above the current market price. The public float for XEL is 550.65M and currently, short sellers hold a 1.10% of that float. On September 18, 2023, XEL’s average trading volume was 3.99M shares.
XEL) stock’s latest price update
Xcel Energy Inc. (NASDAQ: XEL) has seen a decline in its stock price by -1.21 in relation to its previous close of 58.68. However, the company has experienced a 1.58% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-08-30 that Xcel Energy (XEL) is expected to further benefit from systematic investments, renewable expansion and customer growth.
Analysts’ Opinion of XEL
Many brokerage firms have already submitted their reports for XEL stocks, with Barclays repeating the rating for XEL by listing it as a “Equal Weight.” The predicted price for XEL in the upcoming period, according to Barclays is $60 based on the research report published on August 24, 2023 of the current year 2023.
XEL Trading at -3.96% from the 50-Day Moving Average
After a stumble in the market that brought XEL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.77% of loss for the given period.
Volatility was left at 1.62%, however, over the last 30 days, the volatility rate increased by 1.48%, as shares sank -0.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.08% lower at present.
During the last 5 trading sessions, XEL rose by +1.58%, which changed the moving average for the period of 200-days by -16.46% in comparison to the 20-day moving average, which settled at $57.42. In addition, Xcel Energy Inc. saw -17.32% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at XEL starting from Carter Brett C, who sale 30,000 shares at the price of $70.53 back on May 01. After this action, Carter Brett C now owns 8,146 shares of Xcel Energy Inc., valued at $2,115,921 using the latest closing price.
O’Connor Timothy John, the EVP, Chief Operations Officer of Xcel Energy Inc., sale 15,625 shares at $69.59 during a trade that took place back on Apr 28, which means that O’Connor Timothy John is holding 6,498 shares at $1,087,333 based on the most recent closing price.
Stock Fundamentals for XEL
Current profitability levels for the company are sitting at:
- +15.90 for the present operating margin
- +20.40 for the gross margin
The net margin for Xcel Energy Inc. stands at +11.36. The total capital return value is set at 5.84, while invested capital returns managed to touch 4.38. Equity return is now at value 10.40, with 2.80 for asset returns.
Based on Xcel Energy Inc. (XEL), the company’s capital structure generated 156.49 points at debt to equity in total, while total debt to capital is 61.01. Total debt to assets is 40.66, with long-term debt to equity ratio resting at 143.42. Finally, the long-term debt to capital ratio is 55.92.
When we switch over and look at the enterprise to sales, we see a ratio of 3.79, with the company’s debt to enterprise value settled at 0.41. The receivables turnover for the company is 7.01 and the total asset turnover is 0.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.85.
Conclusion
To wrap up, the performance of Xcel Energy Inc. (XEL) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
