Shares of Exelon Co. (NYSE:EXC) have been given an average rating of “Buy” by the fourteen brokerages that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $51.55.
A number of equities analysts recently weighed in on the company. Mizuho decreased their price objective on Exelon from $49.00 to $47.00 and set a “neutral” rating on the stock in a report on Wednesday, October 16th. Wolfe Research set a $55.00 price target on Exelon and gave the stock a “buy” rating in a research report on Friday, November 1st. Argus restated a “buy” rating and set a $53.00 price target on shares of Exelon in a research report on Wednesday, September 18th. Barclays reiterated a “buy” rating and issued a $54.00 price objective on shares of Exelon in a research report on Thursday, September 26th. Finally, SunTrust Banks cut their price objective on Exelon to $46.00 and set a “hold” rating on the stock in a research report on Friday, October 18th.
Several institutional investors and hedge funds have recently added to or reduced their stakes in EXC. Cliftonlarsonallen Wealth Advisors LLC raised its stake in Exelon by 0.4% during the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 48,412 shares of the energy giant’s stock valued at $2,339,000 after buying an additional 212 shares during the last quarter. Trust Co. of Toledo NA OH grew its holdings in shares of Exelon by 0.6% in the third quarter. Trust Co. of Toledo NA OH now owns 33,941 shares of the energy giant’s stock worth $1,640,000 after acquiring an additional 218 shares during the period. FinTrust Capital Advisors LLC grew its holdings in shares of Exelon by 7.5% in the third quarter. FinTrust Capital Advisors LLC now owns 3,527 shares of the energy giant’s stock worth $170,000 after acquiring an additional 245 shares during the period. Rehmann Capital Advisory Group grew its holdings in shares of Exelon by 1.3% in the second quarter. Rehmann Capital Advisory Group now owns 19,106 shares of the energy giant’s stock worth $916,000 after acquiring an additional 247 shares during the period. Finally, VeraBank N.A. grew its holdings in shares of Exelon by 2.1% in the third quarter. VeraBank N.A. now owns 12,074 shares of the energy giant’s stock worth $583,000 after acquiring an additional 250 shares during the period. Institutional investors own 78.99% of the company’s stock.
EXC traded down $0.38 during trading on Tuesday, reaching $45.81. 6,197,053 shares of the company were exchanged, compared to its average volume of 5,859,452. The company’s 50-day moving average is $45.09 and its two-hundred day moving average is $46.24. The company has a market cap of $44.97 billion, a price-to-earnings ratio of 14.68, a P/E/G ratio of 4.50 and a beta of 0.26. The company has a quick ratio of 0.77, a current ratio of 0.90 and a debt-to-equity ratio of 0.95. Exelon has a 12-month low of $43.42 and a 12-month high of $51.18.
Exelon (NYSE:EXC) last released its quarterly earnings results on Thursday, October 31st. The energy giant reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.03. Exelon had a return on equity of 8.47% and a net margin of 6.43%. The firm had revenue of $9.40 billion for the quarter, compared to analysts’ expectations of $8.70 billion. During the same quarter last year, the firm posted $0.88 EPS. The company’s revenue was up 16.4% compared to the same quarter last year. Equities analysts forecast that Exelon will post 3.14 earnings per share for the current year.
Exelon Company Profile
Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, and solar generating facilities. The company also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.
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