In the latest session, Xcel Energy, Inc. (NASDAQ: XEL) closed at $51.88 up 0.74% from its previous closing price of $51.50. In other words, the price has increased by $+0.93 from its previous closing price. On the day, 11852277 shares were traded. XEL stock price reached its highest trading level at $51.90 during the session, while it also had its lowest trading level at $50.76.
Ratios:
For a deeper understanding of Xcel Energy, Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 0.72. In the meantime, Its Debt-to-Equity ratio is 1.57 whereas as Long-Term Debt/Eq ratio is at 1.48.
On March 11, 2024, Barclays Upgraded its rating to Overweight which previously was Equal Weight and also lowered its target price recommendation from $61 to $54.
BofA Securities Upgraded its Neutral to Buy on October 06, 2023, whereas the target price for the stock was revised from $58 to $66.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 01 ’23 when Carter Brett C sold 30,000 shares for $70.53 per share. The transaction valued at 2,115,921 led to the insider holds 8,146 shares of the business.
O’Connor Timothy John sold 15,625 shares of XEL for $1,087,333 on Apr 28 ’23. The EVP, Chief Operations Officer now owns 6,498 shares after completing the transaction at $69.59 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, XEL now has a Market Capitalization of 28.80B and an Enterprise Value of 56.19B. As of this moment, Xcel’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.18, and their Forward P/E ratio for the next fiscal year is 13.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.03 while its Price-to-Book (P/B) ratio in mrq is 1.63. Its current Enterprise Value per Revenue stands at 3.96 whereas that against EBITDA is 10.81.
Stock Price History:
Over the past 52 weeks, XEL has reached a high of $71.96, while it has fallen to a 52-week low of $46.79. The 50-Day Moving Average of the stock is 57.90, while the 200-Day Moving Average is calculated to be 59.89.
Shares Statistics:
For the past three months, XEL has traded an average of 5.63M shares per day and 11.81M over the past ten days. A total of 554.94M shares are outstanding, with a floating share count of 554.20M. Insiders hold about 0.17% of the company’s shares, while institutions hold 79.69% stake in the company. Shares short for XEL as of Feb 29, 2024 were 7.53M with a Short Ratio of 1.34, compared to 7.58M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.36% and a Short% of Float of 1.36%.
Dividends & Splits
According to the company, the forward annual dividend rate for XEL is 2.63, from 2.08 in the trailing year. Against a Trailing Annual Dividend Yield of 4.08%, it implies a Forward Annual Dividend Yield of 4.22%. The stock’s 5-year Average Dividend Yield is 2.78. The current Payout Ratio is 64.83% for XEL, which recently paid a dividend on Apr 20, 2024 with an ex-dividend date of Mar 14, 2024. Stock splits for the company last occurred on Jun 02, 1998 when the company split stock in a 2:1 ratio.
Earnings Estimates
There are 9 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.8 for the current quarter, with a high estimate of $0.85 and a low estimate of $0.72, while EPS last year was $0.76. The consensus estimate for the next quarter is $0.59, with high estimates of $0.81 and low estimates of $0.37.
Analysts are recommending an EPS of between $3.61 and $3.54 for the fiscal current year, implying an average EPS of $3.57. EPS for the following year is $3.83, with 14 analysts recommending between $3.93 and $3.65.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $6.8B this quarter.It ranges from a high estimate of $14.83B to a low estimate of $3.74B. As of the current estimate, Xcel Energy, Inc.’s year-ago sales were $3.76B, an estimated increase of 80.70% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $3.56B, an increase of 17.80% less than the figure of $80.70% in the same quarter last year. There is a high estimate of $4.2B for the next quarter, whereas the lowest estimate is $3.19B.
A total of 9 analysts have provided revenue estimates for XEL’s current fiscal year. The highest revenue estimate was $17.15B, while the lowest revenue estimate was $14.44B, resulting in an average revenue estimate of $15.79B. In the same quarter a year ago, actual revenue was $14.21B, up 11.20% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $16.45B in the next fiscal year. The high estimate is $18.05B and the low estimate is $15.04B. The average revenue growth estimate for next year is up 4.20% from the average revenue estimate for this year.
