Look For Institutional Buying In Xcel Energy, Inc (NASDAQ: XEL)

Xcel Energy, Inc (XEL) concluded trading on Thursday at a closing price of $70.76, with 4.55 million shares of worth about $322.2 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 15.13% during that period and on February 27, 2025 the price saw a gain of about 1.13%. Currently the company’s common shares owned by public are about 574.24M shares, out of which, 572.43M shares are available for trading.

Stock saw a price change of 2.08% in past 5 days and over the past one month there was a price change of 6.52%. Year-to-date (YTD), XEL shares are showing a performance of 4.80% which increased to 21.89% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $46.79 but also hit the highest price of $73.38 during that period. The average intraday trading volume for Xcel Energy, Inc shares is 3.40 million. The stock is currently trading 3.44% above its 20-day simple moving average (SMA20), while that difference is up 5.07% for SMA50 and it goes to 13.19% higher than SMA200.

Xcel Energy, Inc (NASDAQ: XEL) currently have 574.24M outstanding shares and institutions hold larger chunk of about 85.79% of that.

The stock has a current market capitalization of $40.63B and its 3Y-monthly beta is at 0.39. PE ratio of stock for trailing 12 months is 20.61, while it has posted earnings per share of $3.43 in the same period. Its PEG reads 2.47 and has Quick Ratio of 0.82 while making debt-to-equity ratio of 1.49. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for XEL, volatility over the week remained 1.67% while standing at 1.70% over the month.

Stock’s fiscal year EPS is expected to rise by 9.27% while it is estimated to increase by 8.32% in next year. EPS is likely to grow at an annualized rate of 8.34% for next 5-years, compared to annual growth of 5.44% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on January 13, 2025 offering an Overweight rating for the stock and assigned a target price range of between $70 and $72 to it. Coverage by JP Morgan stated Xcel Energy, Inc (XEL) stock as an Overweight in their note to investors on December 12, 2024, suggesting a price target of $80 for the stock. On November 01, 2024, Jefferies Upgrade their recommendations, while on September 20, 2024, Jefferies Initiated their ratings for the stock with a price target of $70. Stock get a Buy rating from Argus on August 26, 2024.

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