Xcel Energy, Inc. [NASDAQ: XEL] loss -0.36% or -0.21 points to close at $58.15 with a heavy trading volume of 2984973 shares.
The daily chart for XEL points out that the company has recorded -0.38% loss over the past six months.
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If we look at the average trading volume of 3.22M shares, XEL reached to a volume of 2984973 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 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 $64.63 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 2.11. 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.
Wolfe Research have made an estimate for Xcel Energy, Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 11, 2024. While these analysts kept the previous recommendation, Barclays dropped their target price from $61 to $54. The new note on the price target was released on March 11, 2024, representing the official price target for Xcel Energy, Inc. stock. Previously, the target price had yet another raise from $58 to $66, while BofA Securities kept a Buy rating on XEL stock.
The Average True Range (ATR) for Xcel Energy, Inc. is set at 1.39, with the Price to Sales ratio for XEL stock in the period of the last 12 months amounting to 2.35. The Price to Book ratio for the last quarter was 1.81, with the Price to Cash per share for the same quarter was set at 3.29.
Trading performance analysis for XEL stock
Xcel Energy, Inc. [XEL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.62. With this latest performance, XEL shares gained by 10.57% in over the last four-week period, additionally sinking by -0.38% over the last 6 months – not to mention a drop of -2.50% 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 60.51, with the RSI for the last a single of trading hit 59.13, and the three-weeks RSI is set at 59.85 for Xcel Energy, Inc. [XEL]. The present Moving Average for the last 50 days of trading for this stock 55.05, while it was recorded at 58.42 for the last single week of trading, and 56.90 for the last 200 days.
Xcel Energy, Inc. [XEL]: A deeper dive into fundamental analysis
Xcel Energy, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.86 and a Current Ratio set at 0.97.
Xcel Energy, Inc. [XEL]: 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 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 6.73%.
An analysis of Institutional ownership at Xcel Energy, Inc. [XEL]
The top three institutional holders of XEL stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in XEL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in XEL stock with ownership which is approximately 5.1238%.
