Xcel Energy, Inc (NASDAQ: XEL) is -6.15% 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 $66.39 in the last trading session, with the day’s loss setting it -3.02%.
Currently trading at $63.37, the stock is -5.60% and -7.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.32 million and changing -4.55% at the moment leaves the stock 5.01% off its SMA200. XEL registered 0.16% gain for a year compared to 6-month gain of 17.18%. The firm has a 50-day simple moving average (SMA 50) of $68.2402 and a 200-day simple moving average (SMA200) of $60.3456.
The stock witnessed a -8.31% loss in the last 1 month and extending the period to 3 months gives it a 1.26%, and is -5.22% 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 2.68% over the week and 1.92% over the month.
Xcel Energy, Inc (XEL) has around 11311 employees, a market worth around $36.39B and $13.78B in sales. Current P/E ratio is 18.83 and Fwd P/E is 16.56. Profit margin for the company is 13.65%. Distance from 52-week low is 35.43% and -13.64% from its 52-week high. The company has generated returns on investments over the last 12 months (3.94%).
with sales reaching $3.77B over the same period.The EPS is expected to grow by 6.30% this year, but quarterly earnings will post 2.19% year-over-year. Quarterly sales are estimated to grow 9.63% in year-over-year returns.
Xcel Energy, Inc (XEL) Top Institutional Holders
1360.0 institutions hold shares in Xcel Energy, Inc (XEL), with institutional investors hold 82.02% of the company’s shares. The shares outstanding are 574.10M, and float is at 572.44M with Short Float at 1.48%. Institutions hold 81.86% 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’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.
