On Tuesday, Xcel Energy, Inc. (NASDAQ: XEL) opened higher 0.39% from the last session, before settling in for the closing price of $63.43. Price fluctuations for XEL have ranged from $46.79 to $65.64 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Utilities sector company grew by 4.67% over the past five years. Company’s average yearly earnings per share was noted 6.37% at the time writing. With a float of $555.51 million, this company’s outstanding shares have now reached $557.50 million.
Let’s look at the performance matrix of the company that is accounted for 11311 employees. In terms of profitability, gross margin is 29.82%, operating margin of 19.76%, and the pretax margin is 12.57%.
Xcel Energy, Inc. (XEL) Insider Updates
A key investor’s attitude towards the stock of the Utilities – Regulated Electric industry is another important factor to consider. The insider ownership of Xcel Energy, Inc. is 0.36%, while institutional ownership is 79.77%. The most recent insider transaction that took place on Aug 16 ’24, was worth 121,440. In this transaction SVP, Strategy and External Aff of this company sold 2,041 shares at a rate of $59.50, taking the stock ownership to the 28,705 shares. Before that another transaction happened on May 20 ’24, when Company’s EVP, Chief Operations Officer sold 17,563 for $55.77, making the entire transaction worth $979,471. This insider now owns 0 shares in total.
Xcel Energy, Inc. (XEL) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 1.23 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 1.26) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.85 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.40% during the next five years compared to 5.37% growth over the previous five years of trading.
Xcel Energy, Inc. (NASDAQ: XEL) Trading Performance Indicators
Check out the current performance indicators for Xcel Energy, Inc. (XEL). In the past quarter, the stock posted a quick ratio of 0.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.35, a number that is poised to hit 1.27 in the next quarter and is forecasted to reach 3.84 in one year’s time.
Technical Analysis of Xcel Energy, Inc. (XEL)
Xcel Energy, Inc. (NASDAQ: XEL) saw its 5-day average volume 2.81 million, a negative change from its year-to-date volume of 4.13 million. As of the previous 9 days, the stock’s Stochastic %D was 62.76%. Additionally, its Average True Range was 0.96.
During the past 100 days, Xcel Energy, Inc.’s (XEL) raw stochastic average was set at 85.66%, which indicates a significant increase from 48.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.02% in the past 14 days, which was lower than the 16.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $62.77, while its 200-day Moving Average is $57.34. Nevertheless, the first resistance level for the watch stands at $63.98 in the near term. At $64.29, the stock is likely to face the second major resistance level. The third major resistance level sits at $64.77. If the price goes on to break the first support level at $63.19, it is likely to go to the next support level at $62.71. Assuming the price breaks the second support level, the third support level stands at $62.41.
Xcel Energy, Inc. (NASDAQ: XEL) Key Stats
There are currently 555,639K shares outstanding in the company with a market cap of 35.50 billion. Presently, the company’s annual sales total 14,206 M according to its annual income of 1,771 M. Last quarter, the company’s sales amounted to 3,028 M and its income totaled 302,000 K.
