Xcel Energy Inc. [XEL] moved up 0.05: Why It’s Important

Xcel Energy Inc. [NASDAQ: XEL] closed the trading session at $66.26 on 06/24/21. The day’s price range saw the stock hit a low of $65.85, while the highest price level was $66.43. The company report on June 24, 2021 that Xcel Energy Announces New Vice President, Treasurer.

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In a continued commitment to long-term, strategic succession planning, Brian Van Abel, Xcel Energy’s executive vice president and Chief Financial Officer, announced Paul Johnson as Treasurer. Johnson currently serves as vice president of Investor Relations, and in this new role will lead both Treasury and Investor Relations teams and realign them into a combined organization.

Johnson will assume this new role as the current Treasurer, Sarah Soong, will leave the company for an opportunity in the health care insurance industry.

The stocks have a year to date performance of -0.61 percent and weekly performance of -3.06 percent. The stock has been moved at 2.21 percent over the last six months. The stock has performed -6.99 percent around the most recent 30 days and changed 0.39 percent over the most recent 3-months.

If compared to the average trading volume of 2.82M shares, XEL reached to a volume of 1574651 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Xcel Energy Inc. [XEL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for XEL shares is $71.23 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on XEL stock is a recommendation set at 2.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Citigroup have made an estimate for Xcel Energy Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 26, 2020. The new note on the price target was released on August 25, 2020, representing the official price target for Xcel Energy Inc. stock. Previously, the target price had yet another raise to $55, while Morgan Stanley analysts kept a Underweight rating on XEL stock.

The Average True Range (ATR) for Xcel Energy Inc. is set at 1.00, with the Price to Sales ratio for XEL stock in the period of the last 12 months amounting to 2.99. The Price to Book ratio for the last quarter was 2.43, with the Price to Cash per share for the same quarter was set at 1.88.

XEL stock trade performance evaluation

Xcel Energy Inc. [XEL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.06. With this latest performance, XEL shares dropped by -6.99% in over the last four-week period, additionally plugging by 2.21% over the last 6 months – not to mention a rise of 4.05% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for XEL stock in for the last two-week period is set at 32.87, with the RSI for the last a single of trading hit 28.09, and the three-weeks RSI is set at 37.64 for Xcel Energy Inc. [XEL]. The present Moving Average for the last 50 days of trading for this stock 70.17, while it was recorded at 66.60 for the last single week of trading, and 67.66 for the last 200 days.

Xcel Energy Inc. [XEL]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Xcel Energy Inc. [XEL] shares currently have an operating margin of +18.48 and a Gross Margin at +23.79. Xcel Energy Inc.’s Net Margin is presently recorded at +12.78.

Return on Total Capital for XEL is now 6.03, given the latest momentum, and Return on Invested Capital for the company is 4.34. Return on Equity for this stock inclined to 10.59, with Return on Assets sitting at 2.70. When it comes to the capital structure of this company, Xcel Energy Inc. [XEL] has a Total Debt to Total Equity ratio set at 152.90. Additionally, XEL Total Debt to Total Capital is recorded at 60.46, with Total Debt to Total Assets ending up at 39.60. Long-Term Debt to Equity for the company is recorded at 144.51, with the Long-Term Debt to Total Capital now at 57.14.

Reflecting on the efficiency of the workforce at the company, Xcel Energy Inc. [XEL] managed to generate an average of $129,586 per employee. Receivables Turnover for the company is 7.25 with a Total Asset Turnover recorded at a value of 0.21.Xcel Energy Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.90.

Earnings per share (EPS) analysis for Xcel Energy Inc. [XEL] stock

With the latest financial reports released by the company, Xcel Energy Inc. posted 0.54/share EPS, while the average EPS was predicted by analysts to be reported at 0.48/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 12.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for XEL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Xcel Energy Inc. go to 6.20%.

Xcel Energy Inc. [XEL]: Insider Ownership positions

There are presently around $26,857 million, or 77.50% of XEL stock, in the hands of institutional investors. The top three institutional holders of XEL stocks are: BLACKROCK INC. with ownership of 47,707,627, which is approximately 2.343% of the company’s market cap and around 0.20% of the total institutional ownership; VANGUARD GROUP INC, holding 47,625,363 shares of the stock with an approximate value of $3.16 billion in XEL stocks shares; and JPMORGAN CHASE & CO, currently with $2.49 billion in XEL stock with ownership of nearly 10.665% of the company’s market capitalization.

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Positions in Xcel Energy Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 362 institutional holders increased their position in Xcel Energy Inc. [NASDAQ:XEL] by around 26,442,530 shares. Additionally, 414 investors decreased positions by around 24,020,669 shares, while 179 investors held positions by with 354,860,062 shares. The mentioned changes placed institutional holdings at 405,323,261 shares, according to the latest SEC report filing. XEL stock had 72 new institutional investments in for a total of 1,901,854 shares, while 108 institutional investors sold positions of 2,662,633 shares during the same period.

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