In the past week, XEL stock has gone down by -1.68%, with a monthly gain of 2.49% and a quarterly plunge of -13.28%. The volatility ratio for the week is 1.71%, and the volatility levels for the last 30 days are 1.66% for Xcel Energy, Inc. The simple moving average for the last 20 days is 0.07% for XEL stock, with a simple moving average of -9.67% for the last 200 days.
Is It Worth Investing in Xcel Energy, Inc. (NASDAQ: XEL) Right Now?
Xcel Energy, Inc. (NASDAQ: XEL) has a price-to-earnings ratio of 16.58x that is above its average ratio. Additionally, the 36-month beta value for XEL is 0.37. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 3 rating it as “overweight,” 9 rating it as “hold,” and 0 rating it as “sell.”
The public float for XEL is 554.51M and currently, short sellers hold a 1.38% ratio of that float. The average trading volume of XEL on April 16, 2024 was 5.82M shares.
XEL) stock’s latest price update
The stock of Xcel Energy, Inc. (NASDAQ: XEL) has decreased by 0.00 when compared to last closing price of 53.17. Despite this, the company has experienced a -1.68% fall in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-14 that Why Xcel Energy Could Be A Bargain Despite Wildfire Risks
Analysts’ Opinion of XEL
Many brokerage firms have already submitted their reports for XEL stocks, with Wolfe Research repeating the rating for XEL by listing it as a “Outperform.” The predicted price for XEL in the upcoming period, according to Wolfe Research is $58 based on the research report published on March 11, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see XEL reach a price target of $54, previously predicting the price at $61. The rating they have provided for XEL stocks is “Overweight” according to the report published on March 11th, 2024.
BofA Securities gave a rating of “Buy” to XEL, setting the target price at $66 in the report published on October 06th of the previous year.
XEL Trading at -2.99% 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 -25.45% of loss for the given period.
Volatility was left at 1.66%, however, over the last 30 days, the volatility rate increased by 1.71%, as shares surge +2.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.04% lower at present.
During the last 5 trading sessions, XEL fell by -1.68%, which changed the moving average for the period of 200-days by -13.18% in comparison to the 20-day moving average, which settled at $53.19. In addition, Xcel Energy, Inc. saw -14.12% 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 ’23. 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 ’23, 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:
- 0.18 for the present operating margin
- 0.37 for the gross margin
The net margin for Xcel Energy, Inc. stands at 0.12. The total capital return value is set at 0.04. Equity return is now at value 10.33, with 2.70 for asset returns.
Based on Xcel Energy, Inc. (XEL), the company’s capital structure generated 0.6 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 1.49. The interest coverage ratio of the stock is 2.53.
Currently, EBITDA for the company is 5.04 billion with net debt to EBITDA at 5.15. When we switch over and look at the enterprise to sales, we see a ratio of 3.92. The receivables turnover for the company is 6.55for trailing twelve months and the total asset turnover is 0.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.72.
Conclusion
In conclusion, Xcel Energy, Inc. (XEL) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as 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.
