Xcel Energy, Inc (XEL) stock: 12-month forecast projects 0.78% potential return%

Xcel Energy, Inc [XEL] stock prices are up 0.80% to $69.46 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The XEL shares have gain 3.10% over the last week, with a monthly amount glided 9.82%, 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 November 01, 2024, when Jefferies upgraded its rating to a Buy and also boosted its price target to $76 from $71. Previously, Jefferies started tracking the stock with Hold rating on September 20, 2024, and set its price target to $70. On August 26, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $68 on the stock. Wolfe Research upgraded its rating to a Outperform but stick to its price target of $58 on March 11, 2024. Barclays upgraded its rating to a Overweight and reduced its price target to $54 on March 11, 2024. BofA Securities upgraded its rating to Buy for this stock on October 06, 2023, and upped its price target to $66. In a note dated August 24, 2023, Barclays initiated an Equal Weight rating and provided a target price of $60 on this stock.

The stock price of Xcel Energy, Inc [XEL] has been fluctuating between $46.79 and $69.53 over the past year. Currently, Wall Street analysts expect the stock to reach $70 within the next 12 months. Xcel Energy, Inc [NASDAQ: XEL] shares were valued at $69.46 at the most recent close of the market. An investor can expect a potential return of 0.78% based on the average XEL price forecast.

Analyzing the XEL fundamentals

The Xcel Energy, Inc [NASDAQ:XEL] reported sales of 13.78B for trailing twelve months, representing a drop of -0.57%. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.14%. 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 1.49.

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 68.79 points at the first support level, and at 68.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 70.01, and for the 2nd resistance point, it is at 70.57.

Ratios To Look Out For

It’s worth pointing out that Xcel Energy, Inc [NASDAQ:XEL]’s Current Ratio is 0.93. As well, the Quick Ratio is 0.82, while the Cash Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 3.02, the price to book ratio is 2.06 and price to earnings (TTM) ratio is 20.64.

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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