43.55 0.00 (0.00%)
After hours: 4:27PM EDT
|Bid||43.03 x 4000|
|Ask||43.79 x 1100|
|Day's Range||43.28 - 43.79|
|52 Week Range||15.91 - 52.22|
|PE Ratio (TTM)||19.36|
|Forward Dividend & Yield||1.52 (3.27%)|
|1y Target Est||N/A|
Xcel Energy (XEL), based in Minneapolis, Minnesota, is one of the largest regulated utilities in the country. Let’s look at institutional investors’ activity in the first quarter.
Pennsylvania-based PPL Corporation (PPL) has a mean price target of $32.2 compared to its current market price of $27.7. Peer Xcel Energy (XEL) has an estimated upside potential of more than 6% for the next year. Analysts have given it a mean price target of $47.83 against its current market price of $45.0.
Xcel Energy (XEL) is a pure-play regulated utility valued at $22.9 billion. Xcel Energy serves more than 5 million customers mainly in Minnesota, Colorado, and Michigan. The stock has fallen more than 6% year-to-date. Xcel Energy’s large exposure to regulated operations facilitates stable earnings and eventually stable dividends. To learn more, read How Xcel Energy’s Dividend Profile Compares to Peers.
So far in 2018, US utilities (XLU) (IDU) have had a dull run. Generally considered to be defensives, the utilities sector has notably underperformed broader markets in 2018. The Utilities Select Sector SPDR ETF (XLU), which tracks the S&P 500 Utilities Index, has fallen more than 6% year-to-date, while the broader markets increased marginally during the same period.
This utility is retiring coal plants ahead of schedule and investing billions in renewables, which could supply 45% of its power by 2027.
According to analysts’ consensus estimate, PPL Corporation (PPL) stock offers an attractive potential upside of 13% over the next year, and its mean target price is $32.33. Currently, PPL stock is trading at $28.65.
Currently, PPL Corporation (PPL) is trading at a PE (price-to-earnings) multiple of 13.5x compared to its five-year historical average PE of near 14x. Based on its PE, PPL appears to be trading at a discount compared to its historical valuation.
Rising rates have been a headwind to the utility sector. With constructive regulatory relations, these utilities may be able to add wind and solar power to their rate base without going the competitive route.
According to Wall Street analysts’ consensus, PPL (PPL) stock offers an attractive potential upside of more than 13% in a year with a mean target price of $32.3. Currently, PPL stock is trading at $28.5.
PPL (PPL) stock was impacted by the recent turmoil in utilities. PPL’s valuation fell significantly in the past few months. Currently, PPL is trading at a PE (price-to-earnings) multiple of 13.5x—compared to its five-year historical average valuation near 14x. Based on the PE multiple, PPL appears to be trading at a discount compared to its historical valuation.
Xcel Energy's (XEL) first-quarter earnings are better than expectations, thanks to improvement in electric and natural gas margins.
The Minneapolis-based company said it had net income of 57 cents per share. The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was ...
Xcel Energy (XEL) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to earnings beat.
Xcel Energy's (XEL) earnings are likely to surpass estimates in the first quarter, courtesy of improvement in the economic condition in its service territories.
According to Wall Street analysts’ consensus, Xcel Energy (XEL) stock has a mean target price of $47.1—compared to its current market price of $45.8, which indicates a potential upside of ~3% in a year.
Currently, Xcel Energy (XEL) stock offers a dividend yield of 3.4%, which is much lower than broader utilities’ (XLU) average yield of ~4.2%. Barring a few exceptions, Xcel Energy has always traded at a discounted dividend yield compared to utilities’ average in the last five years. Xcel Energy has raised its dividends per share for the last 15 consecutive years.
Currently, Xcel Energy (XEL) stock is trading at a PE (price-to-earnings) multiple of 20.0x—compared to its five-year historical average of 18x. Xcel Energy stock appears to be trading at a premium to its historical average valuation.