Stocks of Exelon Corp. (NASDAQ:EXC) traded higher last session on Wall Street, up 2.04% to $39.59.
EXC stock price is now 0.14% away from the 50-day moving average and -2.93% away from the 200-day moving average. The market capitalization of the company currently stands at $39.41B.
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 $7.04 million over the past 1 year. A total of 0.22% of the company’s stock is owned by insiders.
Tuesday’s opening bell rang with an opening price of $39.20 for Exelon Corp. (NASDAQ: EXC). 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 $81.52B, which is based on a 18.43 price-to-earnings ratio, a 1.15 price-to-earnings-growth ratio, and a beta of 0.56. The fifty day moving average price for EXC is $39.53 and a two-hundred day moving average price translates $40.79 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 $0.67, beating analysts’ expectations of $0.66 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 $4.33B in revenue.
Exelon Corp.(EXC) Company Profile
Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers. It also offers support services, including legal, human resources, information technology, supply management, financial, engineering, customer operations, distribution and transmission planning, asset management, system operations, and power procurement services. It serves distribution utilities, municipalities, cooperatives, and financial institutions, as well as commercial, industrial, governmental, and residential customers. Exelon Corporation was incorporated in 1999 and is headquartered in Chicago, Illinois.