Excelerate Energy Inc (NYSE: EE) has a price-to-earnings ratio of 26.48x that is above its average ratio. Additionally, the 36-month beta value for EE is 1.32. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for EE is 25.05M and currently, short sellers hold a 2.68% ratio of that float. The average trading volume of EE on May 10, 2024 was 217.00K shares.
EE) stock’s latest price update
Excelerate Energy Inc (NYSE: EE) has experienced a rise in its stock price by 7.36 compared to its previous closing price of 18.21. However, the company has seen a gain of 13.53% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-08 that Excelerate Energy (EE) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.34 per share a year ago.
EE’s Market Performance
Excelerate Energy Inc (EE) has seen a 13.53% rise in stock performance for the week, with a 23.73% gain in the past month and a 39.84% surge in the past quarter. The volatility ratio for the week is 3.20%, and the volatility levels for the past 30 days are at 3.06% for EE. The simple moving average for the past 20 days is 17.44% for EE’s stock, with a 18.27% simple moving average for the past 200 days.
Analysts’ Opinion of EE
Many brokerage firms have already submitted their reports for EE stocks, with Stephens repeating the rating for EE by listing it as a “Overweight.” The predicted price for EE in the upcoming period, according to Stephens is $21 based on the research report published on April 30, 2024 of the current year 2024.
Northland Capital, on the other hand, stated in their research note that they expect to see EE reach a price target of $23. The rating they have provided for EE stocks is “Outperform” according to the report published on February 26th, 2024.
Wells Fargo gave a rating of “Equal Weight” to EE, setting the target price at $18 in the report published on December 14th of the previous year.
EE Trading at 21.66% from the 50-Day Moving Average
After a stumble in the market that brought EE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.80% of loss for the given period.
Volatility was left at 3.06%, however, over the last 30 days, the volatility rate increased by 3.20%, as shares surge +24.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +40.75% upper at present.
During the last 5 trading sessions, EE rose by +13.53%, which changed the moving average for the period of 200-days by -6.99% in comparison to the 20-day moving average, which settled at $16.84. In addition, Excelerate Energy Inc saw 26.46% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for EE
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.43 for the gross margin
The net margin for Excelerate Energy Inc stands at 0.09. The total capital return value is set at 0.08. Equity return is now at value 6.07, with 1.02 for asset returns.
Based on Excelerate Energy Inc (EE), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at 1.15. The interest coverage ratio of the stock is 5.53.
Currently, EBITDA for the company is 341.37 million with net debt to EBITDA at 0.68. When we switch over and look at the enterprise to sales, we see a ratio of 0.62. The receivables turnover for the company is 9.06for trailing twelve months and the total asset turnover is 0.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.52.
Conclusion
In conclusion, Excelerate Energy Inc (EE) has seen better 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
