In yesterday’s Wall Street session, Exelon Corp. (NASDAQ:EXC) shares traded at $38.99, up 1.25% from the previous session.
As of this writing, 19 analysts cover 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 $38.51, this indicates a potential upside of 14.26 percent. EXC stock price is now -0.33% away from the 50-day moving average and -4.09% away from the 200-day moving average. The market capitalization of the company currently stands at $38.81B.
There are 6 analysts who have given it a hold rating, whereas 10 have given it a buy rating. Brokers who have rated the stock have averaged $43.30 as their price target over the next twelve months.
With the price target reduced from $45 to $40, Mizuho Downgraded its rating from Buy to Neutral 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 $6.93 million over the past 1 year. A total of 0.21% of the company’s stock is owned by insiders.
Friday morning saw Exelon Corp. (NASDAQ: EXC) opened at $38.58. 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 $81.71B, which is based on a 18.15 price-to-earnings ratio, a 1.13 price-to-earnings-growth ratio, and a beta of 0.54. The fifty day moving average price for EXC is $39.09 and a two-hundred day moving average price translates $40.64 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 $4.49B in revenue.
