Exelon Corp. (NASDAQ:EXC) shares, rose in value on Friday, April 05, with the stock price down by -0.90% to the previous day’s close as strong demand from buyers drove the stock to $36.88.
Actively observing the price movement in the recent trading, the stock is buoying the session at $37.22. The value of beta (5-year monthly) is 0.61 whereas the PE ratio is 15.79 over 12-month period. Referring to stock’s 52-week performance, its high was $43.71, and the low was $33.35. On the whole, EXC has fluctuated by 0.59% over the past month.
With the market capitalization of Exelon Corp. currently standing at about $36.88 billion, investors are eagerly awaiting this quarter’s results, scheduled for May 01, 2024 – May 06, 2024. The company’s Forward Dividend Ratio is 1.46, with its dividend yield at 3.96%. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.7, which is expected to increase to $0.61 for fiscal year $2.44 and then to about $2.62 by fiscal year 2025. Data indicates that the EPS growth is expected to be 2.50% in 2025, while the next year’s EPS growth is forecast to be 7.40%.
Analysts have estimated the company’s revenue for the quarter at $5.67 billion, with a low estimate of $5.48 billion and a high estimate of $5.76 billion. According to the average forecast, sales growth in current quarter could jump up 7.60%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $21.59 billion, representing a decrease of -0.60% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that EXC’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium term indicators have put the stock in the category of 50% Sell while long term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.56, with the price of EXC currently trading nearly -0.21% and 2.99% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.23, while the 7-day volatility ratio is showing 1.61% which for the 30-day chart, stands at 1.55%. Furthermore, Exelon Corp. (EXC)’s beta value is 0.53, and its average true range (ATR) is 0.64.
A comparison of Exelon Corp. (EXC) with its peers suggests the former has fared considerably weaker in the market. EXC showed an intraday change of -0.90% in today’s session so far, and over the past year, it shrunk by -11.88%%.
Data on historical trading for Exelon Corp. (NASDAQ:EXC) indicates that the trading volumes over the past 10 days have averaged 5.82 million and over the past 3 months, they’ve averaged 7.05 million. According to company’s latest data on outstanding shares, there are 999.00 million shares outstanding.
Nearly 0.17% of Exelon Corp.’s shares belong to company insiders and institutional investors own 82.52% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 18.19 million shares as on Mar 15, 2024, resulting in a short ratio of 2.31. According to the data, the short interest in Exelon Corp. (EXC) stood at 1.82% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 15.68 million. The stock has risen by 2.74% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EXC stock heading into the next quarter.
