Xcel Energy, Inc (NASDAQ: XEL) is -3.52% lower on its value in year-to-date trading and has touched a low of $46.79 and a high of $73.38 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 $66.69 in the last trading session, with the day’s loss setting it -1.55%.
Currently trading at $65.14, the stock is -3.87% and -4.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.66 million and changing -2.32% at the moment leaves the stock 8.29% off its SMA200. XEL registered 2.21% gain for a year compared to 6-month gain of 25.00%. The firm has a 50-day simple moving average (SMA 50) of $68.1968 and a 200-day simple moving average (SMA200) of $60.09105.
The stock witnessed a -7.89% loss in the last 1 month and extending the period to 3 months gives it a 2.21%, and is -4.40% 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 1.62% over the week and 1.64% over the month.
Xcel Energy, Inc (XEL) has around 11311 employees, a market worth around $37.31B and $13.78B in sales. Current P/E ratio is 19.36 and Fwd P/E is 17.03. Profit margin for the company is 13.65%. Distance from 52-week low is 39.22% and -11.22% from its 52-week high. The company has generated returns on investments over the last 12 months (3.94%).
The EPS is expected to grow by 6.30% this year.
Xcel Energy, Inc (XEL) Top Institutional Holders
1359.0 institutions hold shares in Xcel Energy, Inc (XEL), with institutional investors hold 82.09% of the company’s shares. The shares outstanding are 574.10M, and float is at 572.53M with Short Float at 1.57%. Institutions hold 81.95% 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 3.6001 of the shares totaling 20.05 million with a market value of $1.07 billion.
Xcel Energy, Inc (XEL) Insider Activity
The most recent transaction is an insider sale by Prager Frank P,the company’sSVP, 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.
