Xcel Energy (NASDAQ:XEL) Upgraded by Morgan Stanley to Equal Weight

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Xcel Energy stock has undergone multiple analysts rating changes in the recent past.  Xcel Energy Upgraded by Morgan Stanley on 10/19/2021. In a note to investors, the firm issued a new rating of Equal Weight. The analysts previously had rating of Underweight.

Shares of Xcel Energy traded up $0.25 on Monday, reaching $64.93. 740671 shares of the stock traded hands, compared to its average volume of 3971509. Shares of Xcel Energy were trading at $64.93 on Monday. The firm’s 50 day moving average is $66.29 and its 200 day moving average is $66.66.Xcel Energy has a 12 month low of $64.66 and a 12 month high of $76.44. While on yearly highs and lows, Xcel Energy’s today has traded high as $65.37 and has touched $64.66 on the downward trend. See More Analyst Rating at: RATING

Xcel Energy Earnings and What to expect: 

Xcel Energy last posted its quarterly earnings data on July 29th, 2021. The reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.02. The business earned $3.07 billion during the quarter, compared to analyst estimates of $2.84 billion. Xcel Energy has generated $2.79 earnings per share over the last year ($2.93 diluted earnings per share) and currently has a price-to-earnings ratio of 22.2. Earnings for Xcel Energy are expected to grow by 6.38% in the coming year, from $2.98 to $3.17 per share. Xcel Energy has confirmed that its next quarterly earnings report will be published on Thursday, October 28th, 2021. Xcel Energy will be holding an earnings conference call on Thursday, October 28th at 10:00 AM Eastern. Interested parties can or dial in at 719-457-0820 with passcode “5692678”.

Earnings for Xcel Energy are expected to grow by 6.38% in the coming year, from $2.98 to $3.17 per share. The P/E ratio of Xcel Energy is 22.20, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.16. The P/E ratio of Xcel Energy is 22.20, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 14.22. Xcel Energy has a PEG Ratio of 3.70. PEG Ratios above 1 indicate that a company could be overvalued. Xcel Energy has a P/B Ratio of 2.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Xcel Energy (NASDAQ:XEL) Moving Average Technical Analysis

5 day Moving Average is $65.08 And 5 day price change is $1.96 (3.11%)  with average volume for 5 day average is 5,895,086. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $63.51 and 20 day price change is $1.67 (2.64%) and average 20 day moving volume is 4,185,562. 50 day moving average is $66.29  and 50 day price change is -$4.16 ( -6.02%)  and with average volume for 50 days is : 3,251,727. 200 day moving average is $66.66  and 200 day price change is -$0.69 (-1.06%)  and with average volume for 200 days is : 2,902,127.

Other owners latest trading in Xcel Energy :

  • On 10/19/2021 shares held by Eastern Bank were 10,335 which equates to market value of $0.65M and appx 0.00% owners of Xcel Energy
  • On 10/19/2021 shares held by CENTRAL TRUST Co were 8,961 which equates to market value of $0.56M and appx 0.00% owners of Xcel Energy
  • On 10/19/2021 shares held by Asset Planning Services Inc. LA ADV were 86,478 which equates to market value of $5.41M and appx 3.20% owners of Xcel Energy
  • In total Institutional ownership equates to Institutional Ownership Percentage: 76.33% for Xcel Energy

See More Analyst Rating at: RATING