Exelon Corporation [NASDAQ: EXC] gained 0.62% or 0.25 points to close at $40.50 with a heavy trading volume of 3606016 shares. The company report on August 29, 2023 at 4:21 PM that Exelon Crews and Equipment Headed to Florida to Assist With Power Restoration Following Hurricane Idalia.
The Exelon contingent will join utility workers from around the country to assist with restoration efforts.
In a coordinated effort to provide much-needed support to communities in the path of Hurricane Idalia, Exelon is sending more than 100 contractor personnel to assist with power restoration following the storm’s landfall. Recognizing the urgency and the potential for the devastating impact of Hurricane Idalia, Exelon’s utility companies immediately began mobilizing resources to assist in efforts to ensure local Florida utility companies have what they need to ensure power loss is addressed safely and as quickly as possible.
It opened the trading session at $40.30, the shares rose to $40.69 and dropped to $40.21, the range by which the price of stock traded the whole day. The daily chart for EXC points out that the company has recorded 0.27% gains over the past six months. However, it is still -15.09% lower than its most recent low trading price.
If we look at the average trading volume of 5.56M shares, EXC reached to a volume of 3606016 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 $45.17 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.
Barclays have made an estimate for Exelon Corporation shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on August 23, 2023.
The Average True Range (ATR) for Exelon Corporation is set at 0.61, with the Price to Sales ratio for EXC stock in the period of the last 12 months amounting to 2.02. The Price to Book ratio for the last quarter was 1.61, with the Price to Cash per share for the same quarter was set at 0.40.
Trading performance analysis for EXC stock
Exelon Corporation [EXC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.25. With this latest performance, EXC shares dropped by -3.25% in over the last four-week period, additionally plugging by 0.27% over the last 6 months – not to mention a drop of -9.42% 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 50.09, with the RSI for the last a single of trading hit 54.74, and the three-weeks RSI is set at 48.77 for Exelon Corporation [EXC]. The present Moving Average for the last 50 days of trading for this stock 40.93, while it was recorded at 40.28 for the last single week of trading, and 41.34 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 +17.56 and a Gross Margin at +24.85. Exelon Corporation’s Net Margin is presently recorded at +10.77.
Return on Total Capital for EXC is now 4.68, given the latest momentum, and Return on Invested Capital for the company is 3.12. Return on Equity for this stock inclined to 6.95, with Return on Assets sitting at 1.80. When it comes to the capital structure of this company, Exelon Corporation [EXC] has a Total Debt to Total Equity ratio set at 161.86. Additionally, EXC Total Debt to Total Capital is recorded at 61.81, with Total Debt to Total Assets ending up at 42.00. Long-Term Debt to Equity for the company is recorded at 144.12, with the Long-Term Debt to Total Capital now at 55.04.
Reflecting on the efficiency of the workforce at the company, Exelon Corporation [EXC] managed to generate an average of $107,748 per employee. Receivables Turnover for the company is 4.39 with a Total Asset Turnover recorded at a value of 0.17.Exelon Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 1.00.
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 Institutional ownership at Exelon Corporation [EXC]
The top three institutional holders of EXC stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in EXC stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in EXC stock with ownership which is approximately 5.7381%.