Xcel Energy Inc. (NASDAQ:XEL) saw an upside of 0.49% to close Tuesday at $68.34 after adding $0.33 on the day. The 5-day average trading volume is 2,476,460 shares of the company’s common stock. It has gained $71.13 in the past week and touched a new high 1 time within the past 5 days. An average of 2,344,235 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,735,228.
XEL’s 1-month performance is -2.94% or -$2.59 on its low of $66.95 reached on 01/20/23. The company’s shares have touched a 52-week low of $56.89 and high of $77.66, with the stock’s rally to the 52-week high happening on 01/11/23. YTD, XEL has lost -2.52% or -$1.77 and has reached a new high 5 times. However, the current price is down -12.00% from the 52-week high price.
XEL stock investors last saw insider trading activity on Nov 16.Prager Frank P (SVP, Strategy, Security & Ext.) most recently sold 1,138 shares at $68.48 per share on Nov 16. This transaction cost the insider $77,932. Director, Williams Kim, sold 2,000 shares at a price of $76.21 on May 25. Then, on May 23, EVP, Group President Utilitie Carter Brett C sold 14,000 shares at a price of $74.66 per share. This transaction amounted to $1,045,240.
XEL stock has a beta of 0.43. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.54 while the price-to-book (PB) in the most recent quarter is 2.29.
Xcel Energy Inc.’s quick ratio for the period ended September 29 was 0.90, with the current ratio over the same period at 1.00. As well, the company’s long term debt to equity for the quarter ending September 29 was 1.43, while the total debt to equity was 1.48.. In terms of profitability, the gross margin trailing 12 months is 88.70%. The firm’s gross profit as reported stood at $2.2 billion against revenue of $13.43 billion.
For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 6.16% to $649.0 million, while revenue of $328.0 million was 49.46% off the previous quarter. Analysts expected XEL to announce $1.22 per share in earnings in its latest quarter, but it posted $1.18, representing a -3.30% surprise. EBITDA for the quarter stood at more than $1.56 billion. Shareholders hold equity totaling $547.25 million.
Let’s look briefly at Xcel Energy Inc. (XEL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 37.43% to suggest the stock is trending Neutral, with historical volatility in this time period at 19.42%.
The stock’s 5-day moving average is $68.33, reflecting a -3.87% or -$2.75 change from its current price. XEL is currently trading -2.41% above its 20-day SMA, -8.50% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +4.16% and SMA200 by-8.87%.
Stochastic %K and %D was 22.43% and 16.13% and the average true range (ATR) pointed at 1.34. The RSI (14) points at 42.03%, while the 14-day stochastic is at 23.09% with the period’s ATR at 1.35. The stock’s 9-day MACD Oscillator is pointing at -1.55 and -1.98 on the 14-day charts.
In the most recent analyst report for Xcel Energy Inc. (NASDAQ: XEL), Credit Suisse downgraded it to a Neutral rating. They previously had an Outperform rating on the stock. Analysts offering their rating for XEL stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate XEL as a “sell,”, while 7 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 7 have offered a “buy” rating.
What is XEL’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $68.00 and a high of $79.00, with their median price target at $75.00. Looking at these predictions, the average price target given by analysts is for Xcel Energy Inc. (XEL) stock is $74.15.