Is Exelon Corp. [EXC] a good investment? Don’t be fooled by its recent momentum

The price of Exelon Corp. (NASDAQ:EXC) shares last traded on Wall Street fell -0.70% to $39.74.

Based on available information, 19 analysts follow Exelon Corp. (NASDAQ:EXC). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $47.00 and a low of $39.00, we find $44.00. Given the previous closing price of $40.02, this indicates a potential upside of 9.95 percent. EXC stock price is now 0.30% away from the 50-day moving average and -2.70% away from the 200-day moving average. The market capitalization of the company currently stands at $39.56B.

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Among analysts, 6 rate the stock a hold while 10 rate it a buy. Brokers who have rated the stock have averaged $43.57 as their price target over the next twelve months.

With the price target of $43, Barclays recently initiated with Overweight rating for Exelon Corp. (NASDAQ: EXC).

In other news, Khouzami Carim V, CEO Baltimore Gas & Elec. sold 6,000 shares of the company’s stock on Mar 17. The stock was sold for $249,900 at an average price of $41.65. Upon completion of the transaction, the CEO Baltimore Gas & Elec. now directly owns 4,498 shares in the company, valued at $0.18 million. Insiders disposed of 177,750 shares of company stock worth roughly $7.06 million over the past 1 year. A total of 0.23% of the company’s stock is owned by insiders.

A candlestick chart of Exelon Corp. (NASDAQ: EXC) showed a price of $40.02 on Tuesday morning. During the past 12 months, Exelon Corp. has had a low of $35.71 and a high of $44.37. As of last week, the company has a debt-to-equity ratio of 1.70, a current ratio of 0.85, and a quick ratio of 0.77. According to the stock market information, the enterprise value for the company is $82.73B, which is based on a 18.50 price-to-earnings ratio, a 1.16 price-to-earnings-growth ratio, and a beta of 0.57. The fifty day moving average price for EXC is $39.62 and a two-hundred day moving average price translates $40.84 for the stock.

The latest earnings results from Exelon Corp. (NASDAQ: EXC) was released for Sep, 2023. According to the Utilities – Regulated Electric Company, earnings per share came in at $0.41, beating analysts’ expectations of $0.4 by 0.01. This compares to $0.68 EPS in the same period last year. The net profit margin was 10.20% and return on equity was 8.57% for EXC. The company reported revenue of $5.98 billion for the quarter, compared to $4.84 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 23.43 percent. For the current quarter, analysts expect EXC to generate $5.05B in revenue.

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