Xcel Energy (NASDAQ:XEL) Earns "Hold (C+)" Rating from Weiss Ratings

Key Points

• Xcel Energy's stock received a "hold (C+)" rating from Weiss Ratings, while other analysts have given it ratings from "outperform" to "equal weight", with average price targets between $80.00 and $92.00.
• The company reported an EPS of $0.75 for the last quarter, exceeding analyst estimates, with a net margin of 14.85% and projected FY 2025 guidance set between $3.750 and $3.850 EPS.
• Xcel Energy has a market capitalization of $48.19 billion, with significant institutional ownership at 78.38%, indicating strong confidence from institutional investors.

Xcel Energy (NASDAQ:XEL - Get Free Report)'s stock had its "hold (c+)" rating reaffirmed by equities research analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Other equities research analysts have also issued reports about the company. Evercore ISI initiated coverage on Xcel Energy in a research note on Monday. They set an "outperform" rating and a $92.00 price objective for the company. Mizuho set a $83.00 price target on shares of Xcel Energy in a report on Thursday, September 25th. UBS Group set a $82.00 price objective on shares of Xcel Energy in a report on Thursday, September 25th. BMO Capital Markets set a $84.00 price objective on shares of Xcel Energy in a report on Thursday, September 25th. Finally, Morgan Stanley cut their target price on shares of Xcel Energy from $81.00 to $80.00 and set an "equal weight" rating for the company in a research report on Thursday, September 25th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $81.73.

Xcel Energy Stock Performance

Shares of XEL traded down $0.37 during mid-day trading on Wednesday, reaching $81.48. 1,100,660 shares of the company's stock traded hands, compared to its average volume of 3,904,777. The business's 50-day moving average price is $74.16 and its 200-day moving average price is $71.05. The stock has a market capitalization of $48.19 billion, a P/E ratio of 22.58, a price-to-earnings-growth ratio of 2.73 and a beta of 0.37. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.85 and a current ratio of 0.96. Xcel Energy has a 12 month low of $62.12 and a 12 month high of $82.22.

Xcel Energy (NASDAQ:XEL - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.75 EPS for the quarter, beating analysts' consensus estimates of $0.66 by $0.09. Xcel Energy had a net margin of 14.85% and a return on equity of 10.52%. The business had revenue of $3.29 billion for the quarter, compared to analyst estimates of $3.31 billion. During the same quarter last year, the business earned $0.54 earnings per share. The business's revenue for the quarter was up 8.6% on a year-over-year basis. Xcel Energy has set its FY 2025 guidance at 3.750-3.850 EPS. Equities analysts predict that Xcel Energy will post 3.82 earnings per share for the current year.

Institutional Trading of Xcel Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Twin Peaks Wealth Advisors LLC bought a new stake in Xcel Energy during the second quarter worth about $25,000. Accent Capital Management LLC bought a new stake in Xcel Energy during the first quarter worth about $29,000. Clearstead Trust LLC grew its stake in Xcel Energy by 202.2% during the second quarter. Clearstead Trust LLC now owns 417 shares of the company's stock worth $28,000 after buying an additional 279 shares during the last quarter. BankPlus Trust Department bought a new stake in Xcel Energy during the first quarter worth about $34,000. Finally, Rise Advisors LLC grew its stake in Xcel Energy by 62.9% during the second quarter. Rise Advisors LLC now owns 518 shares of the company's stock worth $35,000 after buying an additional 200 shares during the last quarter. Institutional investors own 78.38% of the company's stock.

About Xcel Energy

Xcel Energy Inc, through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through wind, nuclear, hydroelectric, biomass, and solar energy sources, as well as coal, natural gas, oil, wood, and refuse-derived fuels.

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