In the latest session, Xcel Energy, Inc. (NASDAQ: XEL) closed at $52.69 down -8.64% from its previous closing price of $57.67. In other words, the price has decreased by -$4.98 from its previous closing price. On the day, 22780549 shares were traded.
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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on October 06, 2023, Upgraded its rating to Buy and sets its target price to $66 from $58 previously.
On August 24, 2023, Barclays started tracking the stock assigning a Equal Weight rating and target price of $60.
BofA Securities Downgraded its Buy to Neutral on August 22, 2023, whereas the target price for the stock was revised from $72 to $60.
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 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. The EVP, Chief Operations Officer now owns 6,498 shares after completing the transaction at $69.59 per share. On Mar 09, another insider, Prager Frank P, who serves as the SVP, Strategy, Security & Ext. of the company, sold 737 shares for $65.00 each. As a result, the insider received 47,905 and left with 29,340 shares of the company.
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 32.00B and an Enterprise Value of 59.39B. As of this moment, Xcel’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.43, and their Forward P/E ratio for the next fiscal year is 13.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.06 while its Price-to-Book (P/B) ratio in mrq is 1.66. Its current Enterprise Value per Revenue stands at 4.18 whereas that against EBITDA is 11.43.
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 $53.73. The 50-Day Moving Average of the stock is 60.34, while the 200-Day Moving Average is calculated to be 60.73.
Shares Statistics:
For the past three months, XEL has traded an average of 4.19M shares per day and 3.7M 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 79.45% stake in the company. Shares short for XEL as of Feb 15, 2024 were 8.38M with a Short Ratio of 2.00, compared to 8.55M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.51% and a Short% of Float of 1.51%.
Dividends & Splits
According to the company, the forward annual dividend rate for XEL is 2.08, from 2.08 in the trailing year. Against a Trailing Annual Dividend Yield of 3.61%, it implies a Forward Annual Dividend Yield of 3.80%. The stock’s 5-year Average Dividend Yield is 2.76. 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 8 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.8 for the current quarter, with a high estimate of $0.88 and a low estimate of $0.72, while EPS last year was $0.76. The consensus estimate for the next quarter is $0.58, with high estimates of $0.69 and low estimates of $0.44.
Analysts are recommending an EPS of between $3.61 and $3.54 for the fiscal current year, implying an average EPS of $3.58. EPS for the following year is $3.84, with 13 analysts recommending between $3.93 and $3.65.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $7.82B this quarter.It ranges from a high estimate of $14.83B to a low estimate of $4.24B. As of the current estimate, Xcel Energy, Inc.’s year-ago sales were $3.76B, an estimated increase of 107.90% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $3.68B, an increase of 21.90% less than the figure of $107.90% in the same quarter last year. There is a high estimate of $4.2B for the next quarter, whereas the lowest estimate is $3.29B.
A total of 8 analysts have provided revenue estimates for XEL’s current fiscal year. The highest revenue estimate was $17.15B, while the lowest revenue estimate was $15.21B, resulting in an average revenue estimate of $15.96B. In the same quarter a year ago, actual revenue was $14.21B, up 12.40% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $16.66B in the next fiscal year. The high estimate is $18.05B and the low estimate is $15.98B. The average revenue growth estimate for next year is up 4.40% from the average revenue estimate for this year.
