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Why You Need To Look At This Metric Before Buying Xcel Energy Inc. (NASDAQ:XEL)

Xcel Energy Inc. (NASDAQ:XEL) shares fell to a low of $71.15 before closing at $71.72. Intraday shares traded counted 3.31 million, which was 0.76% higher than its 30-day average trading volume of 3.34M. XEL’s previous close was $71.12 while the outstanding shares total 538.00M. The firm has a beta of 0.30, a 12-month trailing P/E ratio of 24.72, and a growth ratio of 3.99. The stock’s Relative Strength Index (RSI) is 59.35, with weekly volatility at 2.25% and ATR at 1.26. The XEL stock’s 52-week price range has touched low of $56.07 and a $76.44 high. The stock traded higher over the last trading session, gaining 0.84% on 05/14/21.

Investors have identified the Utilities – Regulated Electric company Xcel Energy Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $38.28 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Xcel Energy Inc. (XEL) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For XEL, the company has in raw cash 1.04 billion on their books with 1.5 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 4.32 billion total, with 4.88 billion as their total liabilities.

Having a look at the company’s valuation, the company is expected to record 3.17 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on XEL sounds very interesting.

Is the stock of XEL attractive?

In related news, President, NSPM, Clark Christopher B sold 6,000 shares of the company’s stock in a transaction that recorded on May 04. The sale was performed at an average price of 71.46, for a total value of 428,742. As the sale deal closes, the SVP, Strategy, Planning & Ext., Prager Frank P now sold 1,500 shares of the company’s stock, valued at 107,562. Also, EVP, Chief Customer and Innova, Carter Brett C sold 14,900 shares of the company’s stock in a deal that was recorded on Apr 30. The shares were price at an average price of 70.66 per share, with a total market value of 1,052,834. Following this completion of acquisition, the EVP, Chief Generating Officer, O’Connor Timothy John now holds 12,000 shares of the company’s stock, valued at 842,640. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.

2 out of 14 analysts covering the stock have rated it a Buy, while 10 have maintained a Hold recommendation on Xcel Energy Inc.. 2 analysts has assigned a Sell rating on the XEL stock. The 12-month mean consensus price target for the company’s shares has been set at $70.77.

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