Exelon (NYSE:EXC)‘s stock had its “hold” rating reiterated by analysts at SunTrust Banks in a report issued on Tuesday. They currently have a $49.00 price objective on the energy giant’s stock. SunTrust Banks’ target price would suggest a potential upside of 2.23% from the stock’s previous close.
A number of other equities research analysts have also issued reports on the stock. Morgan Stanley upped their price objective on shares of Exelon from $47.00 to $49.00 and gave the company an “equal weight” rating in a report on Tuesday. Barclays raised their target price on shares of Exelon from $46.00 to $47.00 and gave the company a “hold” rating in a report on Monday, November 19th. Zacks Investment Research raised shares of Exelon from a “hold” rating to a “buy” rating and set a $50.00 target price on the stock in a report on Monday, November 26th. ValuEngine upgraded shares of Exelon from a “hold” rating to a “buy” rating in a research report on Friday, December 7th. Finally, Royal Bank of Canada restated a “buy” rating and set a $46.00 target price on shares of Exelon in a research report on Wednesday, November 7th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $46.76.
NYSE EXC traded up $0.13 during trading on Tuesday, reaching $47.93. 2,982,002 shares of the company’s stock traded hands, compared to its average volume of 5,506,800. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.02 and a current ratio of 1.17. The company has a market capitalization of $46.38 billion, a price-to-earnings ratio of 15.36, a price-to-earnings-growth ratio of 3.31 and a beta of 0.39. Exelon has a 12-month low of $36.22 and a 12-month high of $48.17.
Exelon (NYSE:EXC) last released its earnings results on Friday, February 8th. The energy giant reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.01. Exelon had a net margin of 5.58% and a return on equity of 9.18%. The company had revenue of $8.81 billion for the quarter, compared to the consensus estimate of $6.60 billion. During the same quarter in the previous year, the firm earned $0.55 EPS. Exelon’s revenue was up 5.1% compared to the same quarter last year. Equities analysts expect that Exelon will post 3.16 earnings per share for the current fiscal year.
A number of institutional investors have recently added to or reduced their stakes in the business. Burney Co. raised its stake in shares of Exelon by 0.9% during the 4th quarter. Burney Co. now owns 137,398 shares of the energy giant’s stock worth $6,197,000 after buying an additional 1,222 shares during the last quarter. Verity Asset Management Inc. acquired a new position in shares of Exelon during the 4th quarter worth $1,153,000. Insight Wealth Strategies LLC acquired a new position in shares of Exelon during the 4th quarter worth $368,000. Standard Life Aberdeen plc raised its stake in shares of Exelon by 4.2% during the 4th quarter. Standard Life Aberdeen plc now owns 2,353,211 shares of the energy giant’s stock worth $105,388,000 after buying an additional 93,989 shares during the last quarter. Finally, Usca Ria LLC raised its stake in shares of Exelon by 28.2% during the 4th quarter. Usca Ria LLC now owns 117,916 shares of the energy giant’s stock worth $5,318,000 after buying an additional 25,934 shares during the last quarter. 80.71% of the stock is owned by institutional investors.
Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. The company owns electric generating facilities, such as nuclear, fossil, wind, hydroelectric, and solar generating facilities. It 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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