Analysts gave Exelon Co. (NASDAQ:EXC) a consensus “moderate buy” recommendation.
According to Bloomberg.com, the seventeen research firms that track Exelon Co. (NASDAQ: EXC) stock have given the company’s stock an average rating of “Moderate Buy,” indicating that investors should consider buying the company’s shares. Specifically, the note says investors should consider buying the company’s shares. Additionally, eight different analysts recommended buying the stock, while seven other analysts recommended investors hold their shares. Analysts reporting on the stock over the past year have set the average price target for the next 12 months at $45.33 per share.
In recent findings and commentary, equity research professionals have discussed EXC stock and shared their thoughts. In a research note published June 30, UBS Group lowered its “buy” rating on Exelon and its price target on the company from $54.00 to $49.00 in a research note. The research note was released in response to the company’s quarterly earnings report. In a July 18 research note by Barclays, the company lowered its price target for Exelon from $50 to $46 and classified the company as “equal weight.” Guggenheim disclosed to the public that it had lowered its price target for Exelon from $49.00 to $40.00, which was announced in a research note released Monday. Exelon was the subject of a research note written by Credit Suisse Group for the first time on October 19, marking the day the note was published. They gave the company an “outperform” rating and their stock price target is $39.00. Finally, BMO Capital Markets’ price target on Exelon has moved from $51.00 to $41.00, as reported in a research note published on Tuesday, October 18. The final and most important adjustment has been made here.
Last Friday, trading began on the NASDAQ EXC for $37.70 per share. The moving average price of the stock’s previous 50-day moving average is $41.14, while the moving average price of the stock’s previous 200-day moving average is $43. .15$. There is a debt to equity ratio which is 1.53, a debt to current assets ratio which is 0.91 and a debt to quick assets ratio which is 0.84 . 35). Over the past year, Exelon’s share price has fallen as much as 19%, reaching an all-time high of $50.71. The company’s market value is $36.96 billion. It has a price/earnings ratio of 13.91, a price/earnings/growth ratio of 2.28 and a beta coefficient of 0.64. The company’s price/earnings/growth ratio is 2.28.
On August 3, the latest publicly available quarterly earnings report for Exelon (NASDAQ: EXC) was made available. The company reported quarterly earnings of $0.44 per share, $0.02 lower than the consensus forecast for the period, which was $0.46 per share. The company’s revenue was $4.24 billion for the quarter, well above the average forecast of $4.12 billion made by financial analysts. In the prior year, Exelon achieved a return on equity of 10.38% and a profit margin of 9.45%. Researchers who focus on the stock market predict that Exelon will earn $2.28 per share this year.
Recently, there has been a lot of activity in the market from various institutional investors, including the buying and selling of EXC shares. In the first three months of 2018, GQG Partners LLC recorded a 645.33% increase in the amount of Exelon shares it held as a percentage of its total assets. GQG Partners LLC now owns 26,819,110 shares after purchasing an additional 23,220,845 shares in the most recent period. This brings the total number of shares held by the company to 26,819,110. These shares are currently worth a total of $1,277,085,000 at this time. In the first three months of this year, Wellington Management Group LLP saw a 20.1% increase in the percentage of Exelon shares it held in its portfolio. After completing a transaction that spanned the last quarter and involved the acquisition of 15,573,269 shares of the company, Wellington Management Group LLP now holds a total of 93,209,957 shares. These shares have a collective value of $4,439,591,000. In the first three months, the Bank of New York Mellon Corporation amassed a 61.0% increase in the proportion of Exelon shares held by the institution. Bank of New York Mellon Corp now owns 32,199,539 shares of the company following the acquisition of 12,205,179 additional shares in the last quarter. The stock is currently valued at $1,533,663,000. The value of Exelon shares of Allianz Asset Management GmbH increased by 3,490% during the second quarter. Allianz Asset Management GmbH now holds 9,531,604 shares following the acquisition of 7,408,787 additional shares during the last quarter. The value of the company’s shares held by Allianz Asset Management GmbH is $431,972,000.
Last but not least, during the first three months of the year, Vanguard Group Inc. increased the number of shares in Exelon, building up its 2.8% stake. After making an additional purchase of 2,365,787 shares in the last fiscal quarter, Vanguard Group Inc. now owns 86,862,993 shares. There is a total value of $4,137,284,000 associated with these shares. Most of the shares are held by hedge funds and other institutional investors, who hold an 82.70% stake.
Exelon Corporation is a holding company involved in the generation, distribution and sale of energy in the United States and Canada. It also provides utility services. It has electrical facilities powered by various types of energy, including solar, wind, hydroelectric, biomass, nuclear energy and other forms of energy. This company sells electricity at retail and wholesale. It also deals with natural gas, alternative forms of energy and several other goods and services related to the energy industry.