Xcel Energy Inc. (XEL): XEL moving up?


Xcel Energy Inc. (NASDAQ:XEL) changes shares on Tuesday trading session, with a change of 1.70% or $1.17 shares. The trading starts at $68.7348 and closed at $68.76 throughout the day. The trading session low price was $68.3858 and day high was $70.23 on Tuesday, August 04. After the session, the Utilities sector daily volume shifted to 3.27 million while its average volume is 2.89M. In other hand, the XEL market cap reached to $36.70B. While, its current target price is $64.96.

On May 7, 2020, BRIEF-Xcel Energy First Quarter 2020 Earnings Report. According to the news reported on Reuters, * Q1 GAAP EARNINGS PER SHARE $0.56 FROM CONTINUING OPERATIONS

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 2.28% and up 9.99% for month. Its quarterly performance was 10.52% above, while its half year performance is up 0.91%. XEL yearly performance stood at positive 17.27% and rise 10.14% for year-to-date. Current recommendation for Xcel Energy Inc. is 2.80.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. XEL EPS (TTM) for 12-month is 2.59. EPS for this year is 6.90%, while for the next year its value is 2.96. Sales growth for the current quarter is 4.43 while its EPS Q/Q reached -8.30%. It has an EPS of 5.40% up for past five years and for the next five years will be up 6.10%.

Let’s take a look on the analyst recommendations on XEL for the current month and previous month. For the current month, 2 of 13 analysts recommend stock as Buy while 2 as Sell, 0 as overweight, 0 as underweight and 9 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $56.50 – $74.00. Average target price for XEL was reached at $66.58.

The insider ownership moved to 0.30% and institutional holding shifted to 79.10%.

The company posted an EPS (TTM) of 2.59. According to the most recent quarter report on (Sep 2020), 9 analysts estimated an average EPS of 1.1, while 1.01 EPS posted a year ago period. Analyst Estimated EPS for XEL published in the report was $1.06 – $1.18 during the same period. Comparing with last year, the average estimated EPS was 1.01 which is higher than 0.54 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for XEL rise 9.54% for period of 200 days. SMA for 50 days was 7.53% which is showing green signal, while SMA-20 was 5.41%. The moving average value for Xcel Energy Inc. (XEL) is 64.53 and 65.37 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in XEL stock. On Jun 02, FOWKE BENJAMIN G S III, Chairman and CEO, sold 104,796 trading shares at the cost of $65.84, which valued at 6.9 million. On Jun 01, Sheppard James J., Director, sold 2,484 shares at the cost of $64.95, with total shares of 0. On Mar 06, Prager Frank P, SVP, Strategy, Planning & Ext., bought 7,150 shares at the cost of 67.99. After this transaction, Prager Frank P total shares reached to 43,142 which valued at 0.49 million.