Xcel Energy, Inc. (NASDAQ: XEL) has a higher price-to-earnings ratio of 19.17x compared to its average ratio, and the 36-month beta value for XEL is at 0.44. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 0 rating it as “overweight,” 9 as “hold,” and 1 as “sell.”
The average price suggested by analysts for XEL is $63.42, which is $2.86 above the current market price. The public float for XEL is 550.97M, and currently, shorts hold a 1.54% of that float. The average trading volume for XEL on November 20, 2023 was 4.40M shares.
XEL) stock’s latest price update
Xcel Energy, Inc. (NASDAQ: XEL)’s stock price has plunge by -0.23relation to previous closing price of 60.70. Nevertheless, the company has seen a 2.30% surge in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-10-27 that The headline numbers for Xcel (XEL) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
XEL’s Market Performance
Xcel Energy, Inc. (XEL) has seen a 2.30% rise in stock performance for the week, with a 2.56% gain in the past month and a 4.49% surge in the past quarter. The volatility ratio for the week is 1.66%, and the volatility levels for the past 30 days are at 1.85% for XEL. The simple moving average for the past 20 days is 1.77% for XEL’s stock, with a -4.21% simple moving average for the past 200 days.
Analysts’ Opinion of XEL
Many brokerage firms have already submitted their reports for XEL stocks, with BofA Securities repeating the rating for XEL by listing it as a “Buy.” The predicted price for XEL in the upcoming period, according to BofA Securities is $66 based on the research report published on October 06, 2023 of the current year 2023.
XEL Trading at 3.31% 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 -17.03% of loss for the given period.
Volatility was left at 1.85%, however, over the last 30 days, the volatility rate increased by 1.66%, as shares surge +4.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.12% upper at present.
During the last 5 trading sessions, XEL rose by +2.30%, which changed the moving average for the period of 200-days by -12.94% in comparison to the 20-day moving average, which settled at $59.63. In addition, Xcel Energy, Inc. saw -13.62% in overturn over a single year, with a tendency to cut further losses.
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 10.33, with 2.83 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 3.99, 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.
In conclusion, Xcel Energy, Inc. (XEL) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. 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.