A View of Xcel Energy, Inc (XEL) Stock’s Fundamentals and Valuations

A share price of Xcel Energy, Inc [XEL] is currently trading at $66.81, up 5.96%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The XEL shares have gain 2.61% over the last week, with a monthly amount glided 2.55%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Xcel Energy, Inc [NASDAQ: XEL] stock has seen the most recent analyst activity on September 20, 2024, when Jefferies initiated its Hold rating and assigned the stock a price target of $70. Previously, Argus upgraded its rating to Buy on August 26, 2024, and kept the price target unchanged to $68. On March 11, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $58 on the stock. Barclays upgraded its rating to a Overweight and decreased its price target to $54 on March 11, 2024. BofA Securities upgraded its rating to a Buy and raised its price target to $66 on October 06, 2023. Barclays started tracking with a Equal Weight rating for this stock on August 24, 2023, and assigned it a price target of $60. In a note dated August 22, 2023, BofA Securities downgraded an Neutral rating on this stock and revised its target price from $72 to $60.

Xcel Energy, Inc experienced fluctuations in its stock price throughout the past year between $46.79 and $65.76. Currently, Wall Street analysts expect the stock to reach $70 within the next 12 months. Xcel Energy, Inc [NASDAQ: XEL] shares were valued at $66.81 at the most recent close of the market. An investor can expect a potential return of 4.77% based on the average XEL price forecast.

Analyzing the XEL fundamentals

Trailing Twelve Months sales for Xcel Energy, Inc [NASDAQ:XEL] were 13.80B which represents 0.46% growth. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.1 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.65.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 64.39 points at the first support level, and at 61.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 68.48, and for the 2nd resistance point, it is at 70.15.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Xcel Energy, Inc [NASDAQ:XEL] is 0.97. Further, the Quick Ratio stands at 0.86, while the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 2.70, the price to book ratio is 2.07 and price to earnings (TTM) ratio is 19.96.

Transactions by insiders

Recent insider trading involved Prager Frank P, SVP, Strategy and External Aff, that happened on Aug 16 ’24 when 2041.0 shares were sold. EVP, Chief Operations Officer, O’Connor Timothy John completed a deal on May 20 ’24 to sell 17563.0 shares.

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