Xcel Energy Inc. (NASDAQ: XEL) has reported earnings for its first fiscal quarter (ending March 31) of $0.88 versus $0.76 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $3.33 versus $3.24 for the same period a year ago.
Recent Price Action
Xcel Energy Inc. (NASDAQ: XEL) stock declined slightly by -0.6% on 4/25/24. The stock closed at $55.01. Trading volume in this decline was normal. The stock has been weak relative to the market over the last nine months but has risen 3.4% during the last week.
Current PriceTarget Research Rating
XEL is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Xcel Energy has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Xcel Energy has a slightly positive Appreciation Score of 69 but a slightly negative Power Rating of 37, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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