Exelon Corporation [NASDAQ: EXC] loss -0.43% or -0.19 points to close at $43.89 with a heavy trading volume of 5565435 shares. The company report on September 1, 2022 that ComEd Recognized as National Utility Leader in Attracting Jobs, Investment to Region.
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Electric utility ranked among top 1 percent of all American utilities for reliable and clean energy infrastructure.
ComEd has been recognized again for its leading role in supporting economic growth and job creation across northern Illinois, according to new rankings today by Site Selection Magazine, which named ComEd as one of the Top 20 utilities in economic development. Selected from more than 3,300 electric companies across the country, ComEd is among the top 1 percent of all utilities in attracting new businesses, jobs and investments.
It opened the trading session at $44.21, the shares rose to $44.91 and dropped to $43.795, the range by which the price of stock traded the whole day. The daily chart for EXC points out that the company has recorded 0.14% gains over the past six months. However, it is still -29.58% lower than its most recent low trading price.
If we look at the average trading volume of 6.15M shares, EXC reached to a volume of 5565435 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Exelon Corporation [EXC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EXC shares is $49.39 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EXC stock is a recommendation set at 2.20. 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.
JP Morgan have made an estimate for Exelon Corporation shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on April 20, 2022. While these analysts kept the previous recommendation, Mizuho raised their target price from $43 to $46. The new note on the price target was released on March 11, 2022, representing the official price target for Exelon Corporation stock. Previously, the target price had yet another raise to $46, while Barclays analysts kept a Equal Weight rating on EXC stock. On February 07, 2022, analysts decreased their price target for EXC shares from 55 to 44.
The Average True Range (ATR) for Exelon Corporation is set at 0.96, with the Price to Sales ratio for EXC stock in the period of the last 12 months amounting to 1.56. The Price to Book ratio for the last quarter was 1.82, with the Price to Cash per share for the same quarter was set at 0.81.
Trading performance analysis for EXC stock
Exelon Corporation [EXC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.47. With this latest performance, EXC shares dropped by -1.97% in over the last four-week period, additionally plugging by 0.14% over the last 6 months – not to mention a rise of 23.55% 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 EXC stock in for the last two-week period is set at 40.63, with the RSI for the last a single of trading hit 36.11, and the three-weeks RSI is set at 43.46 for Exelon Corporation [EXC]. The present Moving Average for the last 50 days of trading for this stock 44.85, while it was recorded at 44.08 for the last single week of trading, and 43.84 for the last 200 days.
Exelon Corporation [EXC]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Exelon Corporation [EXC] shares currently have an operating margin of +16.75 and a Gross Margin at +21.24. Exelon Corporation’s Net Margin is presently recorded at +4.34.
Return on Equity for this stock inclined to 5.09, with Return on Assets sitting at 1.30.
Exelon Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.90.
Exelon Corporation [EXC]: An earnings per share (EPS) analysis
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 EXC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Exelon Corporation go to 16.00%.
An analysis of insider ownership at Exelon Corporation [EXC]
There are presently around $35,672 million, or 83.70% of EXC stock, in the hands of institutional investors. The top three institutional holders of EXC stocks are: WELLINGTON MANAGEMENT GROUP LLP with ownership of 90,296,113, which is approximately -3.126% of the company’s market cap and around 0.10% of the total institutional ownership; VANGUARD GROUP INC, holding 87,994,911 shares of the stock with an approximate value of $3.86 billion in EXC stocks shares; and BLACKROCK INC., currently with $3.38 billion in EXC stock with ownership of nearly -0.304% of the company’s market capitalization.
Positions in Exelon Corporation stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 517 institutional holders increased their position in Exelon Corporation [NASDAQ:EXC] by around 52,850,461 shares. Additionally, 407 investors decreased positions by around 46,980,675 shares, while 199 investors held positions by with 712,938,793 shares. The mentioned changes placed institutional holdings at 812,769,929 shares, according to the latest SEC report filing. EXC stock had 101 new institutional investments in for a total of 2,296,653 shares, while 89 institutional investors sold positions of 8,831,767 shares during the same period.