Xcel Energy, Inc. (NASDAQ: XEL) is 3.12% higher on its value in year-to-date trading and has touched a low of $46.79 and a high of $64.25 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The XEL stock was last observed hovering at around $63.49 in the last trading session, with the day’s gains setting it 0.35%.
Currently trading at $63.84, the stock is 4.93% and 10.59% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.93 million and changing 0.55% at the moment leaves the stock 11.98% off its SMA200. XEL registered 11.86% gain for a year compared to 6-month gain of 20.66%.
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The stock witnessed a 10.14% loss in the last 1 month and extending the period to 3 months gives it a 15.57%, and is 2.11% up 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 1.17% over the week and 1.42% over the month.
Xcel Energy, Inc. (XEL) has around 11311 employees, a market worth around $35.59B and $13.80B in sales. Current P/E ratio is 19.08 and Fwd P/E is 16.58. Profit margin for the company is 13.44%. Distance from 52-week low is 36.44% and -0.63% from its 52-week high. The company has generated returns on investments over the last 12 months (3.98%).
The EPS is expected to grow by 6.49% this year.
Xcel Energy, Inc. (XEL) Top Institutional Holders
1306.0 institutions hold shares in Xcel Energy, Inc. (XEL), with institutional investors hold 82.05% of the company’s shares. The shares outstanding are 557.50M, and float is at 555.23M with Short Float at 1.53%. Institutions hold 81.90% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 72.23 million shares valued at $3.86 billion. The investor’s holdings represent 12.9904% of the XEL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 45.85 million shares valued at $2.45 billion to account for 8.247 of the shares outstanding. The other top investors are STATE STREET CORP which holds 34.82 million shares representing 6.2625% and valued at over $1.88 billion, while JPMORGAN CHASE & CO holds 3.5279 of the shares totaling 19.62 million with a market value of $1.05 billion.
Xcel Energy, Inc. (XEL) Insider Activity
The most recent transaction is an insider sale by Prager Frank P, the company’s SVP, Strategy and External Aff. SEC filings show that Prager Frank P sold 2,041 shares of the company’s common stock on Aug 16 ’24 at a price of $59.50 per share for a total of $0.12 million. Following the sale, the insider now owns 28705.0 shares.
Xcel Energy, Inc. disclosed in a document filed with the SEC on May 20 ’24 that O’Connor Timothy John (EVP, Chief Operations Officer) sold a total of 17,563 shares of the company’s common stock. The trade occurred on May 20 ’24 and was made at $55.77 per share for $0.98 million. Following the transaction, the insider now directly holds 0.0 shares of the XEL stock.
