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Xcel Energy Inc. (XEL) Looks Ready for Growth Despite -2.52% Change This Year

Xcel Energy Inc. (NASDAQ: XEL) is -2.52% lower on its value in year-to-date trading and has touched a low of $56.89 and a high of $77.66 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The XEL stock was last observed hovering at around $68.01 in the last trading session, with the day’s gains setting it 0.33% off its average median price target of $75.00 for the next 12 months. It is also 13.49% off the consensus price target high of $79.00 offered by 15 analysts, but current levels are -0.5% lower than the price target low of $68.00 for the same period.

Currently trading at $68.34, the stock is -3.06% and -1.96% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.03 million and changing 0.49% at the moment leaves the stock -3.26% off its SMA200. XEL registered 0.18% gain for a year compared to 6-month gain of -1.61%.

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The stock witnessed a -2.94% loss in the last 1 month and extending the period to 3 months gives it a 12.22%, and is -3.87% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.19% over the week and 1.81% over the month.

Xcel Energy Inc. (XEL) has around 11321 employees, a market worth around $37.10B and $14.61B in sales. Current P/E ratio is 22.32 and Fwd P/E is 20.24. Profit margin for the company is 11.40%. Distance from 52-week low is 20.13% and -12.00% from its 52-week high. The company has generated returns on investments over the last 12 months (5.80%).

Xcel Energy Inc. (XEL) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Xcel Energy Inc. (XEL) is a “Overweight”. 15 analysts offering their recommendations for the stock have an average rating of 2.50, where 7 rate it as a Hold and 0 think it is a “Overweight”. 7 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

The EPS is expected to grow by 6.00% this year.

Xcel Energy Inc. (XEL) Top Institutional Holders

The shares outstanding are 548.00M, and float is at 546.12M with Short Float at 1.23%.

Xcel Energy Inc. (XEL) Insider Activity

A total of 8 insider transactions have happened at Xcel Energy Inc. (XEL) in the last six months, with sales accounting for 2 and purchases happening 6 times. The most recent transaction is an insider sale by Prager Frank P,the company’sSVP, Strategy, Security & Ext. SEC filings show that Prager Frank P sold 1,138 shares of the company’s common stock on Nov 16 at a price of $68.48 per share for a total of $77932.0. Following the sale, the insider now owns 28036.0 shares.

Xcel Energy Inc. disclosed in a document filed with the SEC on May 25 that Williams Kim (Director) sold a total of 2,000 shares of the company’s common stock. The trade occurred on May 25 and was made at $76.21 per share for $0.15 million. Following the transaction, the insider now directly holds 99993.0 shares of the XEL stock.

Still, SEC filings show that on May 23, Carter Brett C (EVP, Group President Utilitie) disposed off 14,000 shares at an average price of $74.66 for $1.05 million. The insider now directly holds 23,617 shares of Xcel Energy Inc. (XEL).

Xcel Energy Inc. (XEL): Who are the competitors?

The company’s main competitors (and peers) include NextEra Energy Inc. (NEE) that is trading 1.57% up over the past 12 months and The Southern Company (SO) that is -1.64% lower over the same period. Dominion Energy Inc. (D) is -21.22% down on the 1-year trading charts.

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