Xcel Energy, Inc. (NASDAQ:XEL) price on Thursday, May 09, rose 0.46% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $55.18.
A look at the stock’s price movement, the level at last check in today’s session was $54.93. The PE ratio in trailing twelve months stood at 16.59. Turning to its 52-week performance, $69.71 and $46.79 were the 52-week high and 52-week low respectively. Overall, XEL moved 2.66% over the past month.
Xcel Energy, Inc.’s market cap currently stands at around $30.66 billion. The company has a Forward Dividend ratio of 2.11, with its dividend yield at 3.82%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 3.24B for the company’s revenue for the quarter, with a low and high estimate of 3.08B and 3.41B respectively. The average forecast suggests up to a 7.30% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 15.04B, representing a 5.90% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that XEL is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
The technical evaluation for the stock shows the PEG ratio is 2.46, with XEL’s current price about 1.92% and 3.87% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 58.79, while 7-day volatility ratio is 1.69% and 1.82% in the 30-day chart. Further, Xcel Energy, Inc. (XEL) has a beta value of 0.39, and an average true range (ATR) of 1.00.
If we refocus on Xcel Energy, Inc. (NASDAQ:XEL), historical trading data shows that trading volumes averaged 5.75 million over the past 3 months. The company’s latest data on shares outstanding shows there are 554.94 million shares.
The 0.17% of Xcel Energy, Inc.’s shares are in the hands of company insiders while institutional holders own 78.95% of the company’s shares. Current price change has pushed the stock -10.87% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the XEL stock continues to rise going into the next quarter.