EXC) surprises bears and looks good for the future – Marketing Sentinel
In the last trading session, 4.81 million shares of Exelon Corporation (NASDAQ: EXC) were traded and its beta was 0.43. More recently, the company’s stock price was $ 46.06, and it has changed about $ 0.74 or 1.63% since the last close, bringing the company’s market valuation to $ 44.75 billion. EXC is currently trading at a discount from its 52 week high of $ 47.36, offering nearly -2.82% of that amount. The stock price’s 52-week low was $ 33.97, indicating that the current value has risen an impressive 26.25% since then. We note from Exelon Corporation’s average daily trading volume that its 10-day average is 3.71 million shares, with the 3-month average reaching 5.18 million.
Exelon Corporation shares received a consensus rating of Overweight, based on an average score of 2.20. If we narrow it down even further, the data shows that 0 of 19 analysts rate the stock as a sell; another 0 rates him as overweight. Of the others, 5 recommended EXC as a Hold’em, while 13 viewed it as a buy and 1 rated it as underweight. Exelon Corporation is expected to report earnings per share of $ 0.6 for the current quarter.
Instantly, EXC showed a green trend with a performance of 1.63% at the end of the last trade. The performance of the last five days remained in the green. Rising from weekly highs of 46.42 on Tuesday 7/20/21 increased the daily share price by 0.78%. Shares of the company are currently up 9.10% year-to-date, but still up 2.84% in the past five days. On the other hand, Exelon Corporation (NASDAQ: EXC) is up 3.39% over the 30-day period. We can see from the shorts that 13.36 million shares were sold on a short interest coverage period of 2.1 day (s).
The consensus price target assigned by Wall Street analysts is $ 50.67, which means bulls need to raise their stock price 9.1% from its current value. Analysts’ projections indicate that EXC should hit a low of $ 40.00 and a high of $ 63.00. For the stock price to reach the expected high, the stock would have to plunge -36.78% from its current level, while the stock would have to collapse 13.16% from its current level. current level to reach the expected low.
Exelon Corporation (EXC) Estimates and Forecasts
Exelon Corporation’s stock prices perform particularly well compared to other companies in the same industry. As the statistics show, the company’s shares have risen 7.57% in the past six months and at an annual growth rate of -13.98% well below the industry average of 5.50%. Additionally, analysts have decided to postpone their revenue estimates for fiscal 2021. Rating agencies predict that it will gain 9.10% in revenue this quarter and report an increase of 3.80% in the following quarter. The year-over-year growth rate is expected to be -2.10%, down from the previous year.
Consensus estimates provided by 6 financial analysts predict that the company will generate an average of $ 6.91 billion in revenue for the current quarter. 6 analysts expect Exelon Corporation to achieve sales of $ 9.07 billion for the quarter ending September 2021. The company’s sales for the same quarters a year ago were respectively $ 6.7 billion and $ 8.85 billion. Analysts predict the company’s current quarter sales will surge, forecast at 3.10%. The forecast for the next quarter is for sales growth of 2.40%.
Looking at the company’s year-over-year earnings, the past five years have shown a negative earnings growth rate of -4.60%. Exelon Corporation profits are expected to grow by -33.30% in 2021, but the outlook is negative by -0.47% per year for the next five years.
Exelon Corporation’s next quarterly earnings report is expected to be released around August 2 and 6. The stock’s annual dividend yield is 3.32% and its annual dividend per share was 1.53. It is important to note, however, that the dividend yield ratio of 3.32% should only be considered as a guide, as there are many other factors that should be considered before making any investment decision. The average dividend yield over the past five years averaged 3.42 per year.
Principal holders of Exelon Corporation (NASDAQ: EXC)
Looking at the major shareholders, it appears that insiders own 0.27% of the shares of Exelon Corporation, and 81.50% of them are held by institutional investors. The share currently has a free float of 81.72%. Exelon Corporation shares are held by 1,288 institutions, with Vanguard Group, Inc. (The) being the largest institutional investor. As of March 30, 2021, she held 8.62% of the shares, or approximately 83.8 million shares valued at $ 3.67 billion.
Blackrock Inc., with 8.41% or 81.72 million shares worth $ 3.57 billion as of March 30, 2021, holds the second largest percentage of shares outstanding.
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The Vanguard Total Stock Market Index Fund and the Vanguard / Wellington Fund Inc. were the two largest mutual funds as of March 30, 2021. The former held 27.45 million shares worth $ 1.2 billion, or 2.83% of all outstanding shares. On the other hand, Vanguard / Wellington Fund Inc. held approximately 27.04 million shares valued at approximately $ 1.04 billion, which is approximately 2.78% of the total shares outstanding.