Xcel Energy, Inc. (NASDAQ:XEL) shares, rose in value on Friday, April 26, with the stock price down by -2.07% to the previous day’s close as strong demand from buyers drove the stock to $53.87.
Actively observing the price movement in the recent trading, the stock is buoying the session at $55.01. The PE ratio was 16.20 over 12-month period. Referring to stock’s 52-week performance, its high was $70.97, and the low was $46.79. On the whole, XEL has fluctuated by 0.92% over the past month.
The company’s Forward Dividend Ratio is 2.11, with its dividend yield at 3.91%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 15.45B, with a low estimate of 3.08B and a high estimate of 3.57B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.28B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that XEL’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 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.42, with the price of XEL currently trading nearly -0.18% and -0.19% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.04, while the 7-day volatility ratio is showing 2.04% which for the 30-day chart, stands at 1.79%. Furthermore, Xcel Energy, Inc. (XEL)’s beta value is 0.36, and its average true range (ATR) is 1.11.
A comparison of Xcel Energy, Inc. (XEL) with its peers suggests the former has fared considerably weaker in the market. XEL showed an intraday change of -2.07% in today’s session so far, and over the past year, it shrunk by -22.69%%.
Data on historical trading for Xcel Energy, Inc. (NASDAQ:XEL) indicates that the trading volumes over the past 3 months, they’ve averaged 5.75 million. According to company’s latest data on outstanding shares, there are 554.94 million shares outstanding.
Nearly 0.17% of Xcel Energy, Inc.’s shares belong to company insiders and institutional investors own 79.65% of the company’s shares. The stock has fallen by -12.99% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the XEL stock heading into the next quarter.
