Exelon (NASDAQ:EXC – Get Free Report) had its target price reduced by stock analysts at BMO Capital Markets from $47.00 to $45.00 in a note issued to investors on Thursday. The firm presently has a “market perform” rating on the stock. BMO Capital Markets‘s price objective indicates a potential upside of 1.45% from the stock’s previous close.
A number of other equities analysts have also weighed in on the stock. Morgan Stanley dropped their target price on shares of Exelon from $50.00 to $49.00 and set an “equal weight” rating for the company in a research report on Wednesday. Barclays decreased their price target on shares of Exelon from $49.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Monday. KeyCorp raised Exelon from an “underweight” rating to a “sector weight” rating and set a $41.00 target price on the stock in a report on Monday, October 12th. Weiss Ratings reissued a “buy (b-)” rating on shares of Exelon in a research note on Tuesday, October 6th. Finally, HSBC initiated coverage on Exelon in a report on Thursday. They set a “hold” rating and a $44.00 price target for the company. Six investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $48.58.
View Our Latest Analysis on Exelon
Exelon Trading Down 1.1%
NASDAQ EXC traded down $0.49 during trading on Thursday, hitting $44.35. The company had a trading volume of 2,518,598 shares, compared to its average volume of 8,282,695. The company’s fifty day moving average is $42.86 and its 200-day moving average is $45.04. Exelon has a one year low of $39.73 and a one year high of $50.65. The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. The company has a market cap of $45.79 billion, a price-to-earnings ratio of 16.24, a price-to-earnings-growth ratio of 2.35 and a beta of 0.30.
Exelon (NASDAQ:EXC – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.01). The firm had revenue of $5.97 billion during the quarter, compared to analysts’ expectations of $5.44 billion. Exelon had a return on equity of 9.81% and a net margin of 10.99%. Exelon’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.39 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, sell-side analysts predict that Exelon will post 2.86 earnings per share for the current year.
Hedge Funds Weigh In On Exelon
Several large investors have recently modified their holdings of EXC. Eastern Bank bought a new stake in Exelon in the second quarter worth $26,000. Axiom Investment Management LLC bought a new position in Exelon during the first quarter valued at $27,000. Elevation Wealth Partners LLC increased its position in Exelon by 440.0% during the second quarter. Elevation Wealth Partners LLC now owns 594 shares of the company’s stock valued at $28,000 after acquiring an additional 484 shares during the last quarter. Silvant Capital Management LLC purchased a new stake in shares of Exelon in the second quarter valued at $29,000. Finally, North Point Portfolio Managers Corp OH purchased a new stake in shares of Exelon in the third quarter valued at $29,000. Institutional investors own 80.92% of the company’s stock.
Exelon Company Profile
Exelon Corporation (NASDAQ:EXC) is a regulated utility holding company that delivers electricity and natural gas to residential, commercial and industrial customers. The company operates through six utility subsidiaries: Atlantic City Electric, Baltimore Gas and Electric, Commonwealth Edison, Delmarva Power, PECO and Pepco. Its businesses focus primarily on the transmission, distribution and delivery of energy rather than owning competitive power-generation operations.
Exelon’s utilities serve customers across Illinois, Pennsylvania, Maryland, Delaware, New Jersey and the District of Columbia.
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