Market Analysts see Xcel Energy, Inc. [XEL] gaining to $68. Time to buy?

Xcel Energy, Inc. [NASDAQ: XEL] price surged by 1.13 percent to reach at $0.72.

The one-year XEL stock forecast points to a potential upside of 2.29. The average equity rating for XEL stock is currently 2.11, trading closer to a bullish pattern in the stock market.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Guru’s Opinion on 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 $66.07 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.

Argus have made an estimate for Xcel Energy, Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 26, 2024. 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 drop from $61 to $54, while Barclays kept a Overweight rating on XEL stock. On October 06, 2023, analysts increased their price target for XEL shares from 58 to 66.

The Average True Range (ATR) for Xcel Energy, Inc. is set at 0.99, with the Price to Sales ratio for XEL stock in the period of the last 12 months amounting to 2.61. The Price to Book ratio for the last quarter was 2.00, with the Price to Cash per share for the same quarter was set at 3.29.

XEL Stock Performance Analysis:

Xcel Energy, Inc. [XEL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.69. With this latest performance, XEL shares gained by 9.61% in over the last four-week period, additionally plugging by 24.18% over the last 6 months – not to mention a rise of 10.02% 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 76.21, with the RSI for the last a single of trading hit 80.20, and the three-weeks RSI is set at 72.87 for Xcel Energy, Inc. [XEL]. The present Moving Average for the last 50 days of trading for this stock 58.84, while it was recorded at 64.00 for the last single week of trading, and 57.10 for the last 200 days.

Insight into Xcel Energy, Inc. Fundamentals:

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.

XEL Stock EPS

With the latest financial reports released by the company, Xcel Energy, Inc. posted 1.23/share EPS, while the average EPS was predicted by analysts to be reported at 1.26/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.03. 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%.

Xcel Energy, Inc. [XEL] Institutonal Ownership Details

There are presently around $81.91%, or 82.05%% of XEL stock, in the hands of institutional investors. The top three institutional holders of XEL stocks are: VANGUARD GROUP INC with ownership of 72.23 million shares, which is approximately 12.9904%. BLACKROCK INC., holding 45.85 million shares of the stock with an approximate value of $$2.45 billion in XEL stocks shares; and BLACKROCK INC., currently with $$1.88 billion in XEL stock with ownership which is approximately 6.2625%.