The stock of Exelon Corporation (NASDAQ:EXC) decreased by -$0.43 on Monday to finish at $40.08, down -1.06 percent. The last five days have seen an average of 4,504,020 shares of common stock traded. 3 times new highs were reached in the current year, with a fall of -$3.15. The average number of shares traded over the last 20 days was 5,865,250, while the average volume over the last 50 days totaled 5,670,704.
EXC stock dropped -4.62% since last month. On 08/08/23, the company’s shares reached a one-month low of $39.49. The stock touched a high of $47.23 on 01/09/23, after rallying from a low of $35.19 in 52 weeks. The price of EXC stock has declined by -7.29% or -$3.15 this year, reaching a new high 3 times. Still, the stock price is down -15.14% from the 52-week high.
Insider Transactions
EXC stock investors should be aware that Exelon Corporation (EXC) stock had its last reported insider trading activity 151 days ago on Mar 17. On Mar 17, CEO Baltimore Gas & Elec. Khouzami Carim V sold 6,000 shares at $41.65 each. This transaction resulted in the insider making $249,900.
Valuation Metrics
Exelon Corporation (EXC) has a trailing price-to-earnings (P/E) ratio of 18.79. Beta for the stock is 0.55. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.99, the price-to-book (PB) ratio of 1.59.
Company paid $0.36 per share in dividends, remained unchanged from $0.36 last year.
Financial Health
For the three months ended June 29, Exelon Corporation’s quick ratio was 0.90, while its current ratio was 1.00, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 1.59, and the total debt to equity ratio is 1.70. As far as profitability goes, gross margin for the trailing twelve months is 65.60% percent. Exelon Corporation’s operating margin stood at 17.70% for the same period. Based on annual data, it had gross profit of $3.31 billion and revenue of $19.08 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. EXC’s return on assets (ROA) during the last 12 months has been 2.20%. There was a 4.60% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 8.50%.
Earnings Surprise
According to Exelon Corporation’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $4.82 billion, while revenues fell by -10.56% to $5.56 billion. It was predicted that Exelon Corporation’s quarterly earnings would be $0.41, but it ended up being $0.4, beating the consensus by 2.50%. EBITDA was $1.57 billion for the quarter. At the end of Exelon Corporation’s most recent quarter ended June 29, its liabilities totaled 73.0 billion, while its total debt was $42.62 billion. Equity owned by shareholders amounts to $995.22 million.
Technical Picture
Here’s a quick look at Exelon Corporation’s (EXC) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 35.37%, suggesting the stock is Neutral, with a 15.39% historical volatility rate.
The stochastic %K and %D were 19.08% and 18.84% respectively, while the average true range (ATR) was 0.71. Based on the 14-day stochastic reading of 14.62%, the RSI (14) reading is 39.51%. On the 9-day MACD Oscillator, the stock is at -0.07, and the 14-day reading is at -0.68.
Analyst Ratings
In its most recent analyst report, Guggenheim raised its rating on Exelon Corporation (NASDAQ: EXC) to a Buy. Prior to this, analysts firm rated the stock as a Neutral. Analysts have assigned Exelon Corporation (EXC) an Overweight rating. EXC is a stock that is recommended for selling by 1 brokerage firm, while 7 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 11 others recommend it as a buy.
What is EXC’s price target for the next 12 months?
The current consensus forecast for the stock is between $39.00 and $47.00, with a median target price of $45.00. In analyzing these forecasts, the average price target given by analysts for Exelon Corporation (EXC) is $45.11.
