Now Is A Suitable Moment For A Long-Term Purchase Of Xcel Energy, Inc (NASDAQ: XEL)

Currently, there are 574.10M common shares owned by the public and among those 572.44M shares have been available to trade.

The company’s stock has a 5-day price change of -1.63% and 2.84% over the past three months. XEL shares are trading -5.09% year to date (YTD), with the 12-month market performance up to 5.05% higher. It has a 12-month low price of $46.79 and touched a high of $73.38 over the same period. XEL has an average intraday trading volume of 3.80 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.89%, -6.13%, and 5.99% respectively.

Institutional ownership of Xcel Energy, Inc (NASDAQ: XEL) shares accounts for 80.49% of the company’s 574.10M shares outstanding.

It has a market capitalization of $36.80B and a beta (3y monthly) value of 0.45. The stock’s trailing 12-month PE ratio is 19.04, while the earnings-per-share (ttm) stands at $3.37. The company has a PEG of 2.72 and a Quick Ratio of 0.82 with the debt-to-equity ratio at 1.54. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.67% over the week and 1.89% over the month.

Earnings per share for the fiscal year are expected to increase by 6.30%, and 7.43% over the next financial year. EPS should grow at an annualized rate of 7.00% over the next five years, compared to 5.37% over the past 5-year period.

Looking at the support for the XEL, a number of firms have released research notes about the stock. Wells Fargo stated their Overweight rating for the stock in a research note on January 13, 2025, with the firm’s price target at $70-$72. JP Morgan coverage for the Xcel Energy, Inc (XEL) stock in a research note released on December 12, 2024 offered a Overweight rating with a price target of $80. Jefferies was of a view on November 01, 2024 that the stock is Buy, while Jefferies gave the stock Hold rating on September 20, 2024, issuing a price target of $70. Argus on their part issued Buy rating on August 26, 2024.

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