Xcel Energy, Inc (NASDAQ:XEL) shares, rose in value on Wednesday, January 22, with the stock price down by -1.03% to the previous day’s close as strong demand from buyers drove the stock to $66.98.
Actively observing the price movement in the last trading, the stock closed the session at $67.68, falling within a range of $66.83 and $67.57. The value of beta (5-year monthly) was 0.398 whereas the PE ratio was 19.90 over 12-month period. Referring to stock’s 52-week performance, its high was $73.38, and the low was $46.79. On the whole, XEL has fluctuated by 0.87% over the past month.
With the market capitalization of Xcel Energy, Inc currently standing at about $38.46 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 2.19, with its dividend yield at 3.27%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 14.52B, with a low estimate of 3.67B and a high estimate of 3.99B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.77B.
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 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.84, with the price of XEL currently trading nearly 0.79% and -1.90% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.20, while the 7-day volatility ratio is showing 1.66% which for the 30-day chart, stands at 1.86%. Furthermore, Xcel Energy, Inc (XEL)’s beta value is 0.44, and its average true range (ATR) is 1.28.
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 -1.03% in last session, and over the past year, it grew by 12.61%%.
Data on historical trading for Xcel Energy, Inc (NASDAQ:XEL) indicates that the trading volumes over the past 10 days have averaged 3.8 and over the past 3 months, they’ve averaged 3.87 million. According to company’s latest data on outstanding shares, there are 574.10 million shares outstanding.
Nearly 0.31% of Xcel Energy, Inc’s shares belong to company insiders and institutional investors own 80.36% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 8.49 million shares as on 2024-12-31, resulting in a short ratio of 2.42. According to the data, the short interest in Xcel Energy, Inc (XEL) stood at 169.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 7.97 million. The stock has fallen by -0.80% 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.
