At the time of writing, Excelerate Energy Inc [EE] stock is trading at $24.70, down -1.83%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EE shares have lost -7.35% over the last week, with a monthly amount drifted -12.72%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Excelerate Energy Inc [NYSE: EE] stock has seen the most recent analyst activity on January 07, 2025, when JP Morgan downgraded its rating to a Underweight and also boosted its price target to $31 from $22. Previously, Wells Fargo downgraded its rating to Underweight on August 30, 2024, and dropped its price target to $19. On April 30, 2024, Stephens initiated with a Overweight rating and assigned a price target of $21 on the stock. Northland Capital started tracking the stock assigning a Outperform rating and suggested a price target of $23 on February 26, 2024. Wells Fargo downgraded its rating to a Equal Weight and reduced its price target to $18 on December 14, 2023. CapitalOne started tracking with a Overweight rating for this stock on November 17, 2023, and assigned it a price target of $24. In a note dated April 10, 2023, Deutsche Bank initiated an Buy rating and provided a target price of $31 on this stock.
For the past year, the stock price of Excelerate Energy Inc fluctuated between $14.98 and $32.99. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. Excelerate Energy Inc [NYSE: EE] shares were valued at $24.70 at the most recent close of the market. An investor can expect a potential drop of -19.03% based on the average EE price forecast.
Analyzing the EE fundamentals
According to Excelerate Energy Inc [NYSE:EE], the company’s sales were 851.44M for trailing twelve months, which represents an 14.37% jump. Gross Profit Margin for this corporation currently stands at 0.83% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.13.
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 23.88 points at the first support level, and at 23.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.85, and for the 2nd resistance point, it is at 27.00.
Ratios To Look Out For
It is important to note that Excelerate Energy Inc [NYSE:EE] has a current ratio of 3.49. As well, the Quick Ratio is 3.38, while the Cash Ratio is 2.49. Considering the valuation of this stock, the price to sales ratio is 3.27, the price to book ratio is 1.21 and price to earnings (TTM) ratio is 25.77.
