On the upside, Exelon Corporation (NYSE:EXC) will test short term resistance at around $48.03. On a downside, the share price is likely to find some support, which begins at $47.77. The failure to get near-term support could push it to $47.64. Its 50 day simple moving average (SMA 50) price is $46.21 and its 200-day simple moving average (SMA 200) price is $43.63. The company’s stock currently has a total float of 964.77M shares. Its weekly volatility is hovering around 1.76% and felt 1.57% volatility in price over a month.
EXC stock has been range bound between the range of $47.765 and $47.765 during the whole day. The stock finished Wednesday at $47.9. The -0.04% downtrend forced its market value to reach at $46.72B. The price went up as high as $47.765 before retreating. Trading activity significantly weakened as the volume at ready counter decreased to 4,373,300 shares versus 5,406,320 in average daily trading volume over the past 20 days. So far this year, the volume has averaged about 5,442,077 shares. The stock is now 32.25% above against its bear-market low of $36.22 on February 14, 2018. It has retreated -0.56% since it’s 52-week high of $48.17 reached in February. Now the market price is up 28.87% on the year and up 6.21% YTD.
Separately, it has been reported that multiple insider activity took place at Exelon Corporation (EXC). CEO, BGE Butler Calvin Jr sold 25,000 shares for $20,869 in transaction occurred on 2018/03/15. After making this transaction, the CEO, BGE owns a direct stake of 948,500 shares, worth $999,625, as per the last closing price. On 2017/12/08 Aliabadi Paymon, EVP, Chief Enterprise Risk Ofr at EXC, dumped 13,334 shares at an average price of $40.62 per share. The selling total is valued at $16,813.
Chairman, Shattuck Mayo A Iii had divested 100,000 shares for $28,767 through a trade on 2017/11/08. Following this activity, the insider holds 4,113,000 shares worth $1,377,939 as of recent close. Wall Street’s most bullish Exelon Corporation (NYSE:EXC) analysts are predicting the share price to blow past $53 per share during the next 12 months. The current median share price forecast by them is $50, suggesting that the stock could increase 4.38% in that time frame. The average price target of $49.42 calls for a nearly 3.17% increase in the stock price.
It had seen a negative analyst call from Goldman, which downgraded the stock from Neutral to Sell on January 04. Analysts at JP Morgan, shed their positive views on October 09 by lowering it fromOverweight to Neutral. The stock lost favor of Citigroup analysts who expressed their lack of confidence in it using a downgrade from Buy to Neutral on October 09. SunTrust analysts came out with bearish views on September 11 when the call was made. They think the stock is now Hold compared to to their prior call for Buy.
When looking at valuations, Exelon Corporation (EXC) has a cheap P/E of 12.44x as compared to industry average of 13.29x. Moreover, it trades for 14.96 times the next 12 months of expected earnings. Also, it is trading at rather expensive levels at just over 1.49x price/book and 1.31x price/sales. Compared to others, Exelon Corporation is in a different league with regards to profitability, having net margins of 10.7%. To put some perspective around this, the industry’s average net margin is 25.62%. EXC’s ROE is 12.6%, which is also considerably worse than the industry’s ROE of 16.28%. It’s also very liquid in the near term, with a current ratio of 1.3. The stock has a debt/capital of 1.18.
Shares of Exelon Corporation (EXC) have dropped -0.4% since the company’s last earnings report. Over the past 12 fiscal quarters, Exelon Corporation (NYSE:EXC) has topped consensus earnings estimates in 7 quarters (58%), missed earnings in 3 quarters (25%), whereas at 2 occasion EPS met analyst expectations. EXC last reported earnings on February 08, 2019 when it released Dec-18 results that exceeded expectations. The company raked in $0.58 per share, -67.23% change on the same period last year. That was better than consensus for $0.57. Revenue for the recent quarter stood at $8.81 billion, up 5% on last year and above the $7.2 billion predicted by analysts. For this quarter, Wall Street analysts forecast revenue in a range of $7.16 billion to $9.73 billion, which should be compared with $8.51 billion generated last year. EPS is seen in a range of $0.72 to $1, against the $0.83 reported a year ago.