The Exelon Corporation (NYSE:EXC) bulls won the day, but the reality is that the 0.12 points or 0.25 percent advance gave very little definitive technical indication of where the stock could be headed next. On 12 February, the shares traded at $47.92 with a light trade volume of 4.442 million shares. After opening the session at $47.91, the shares went as high as $48.105 and as low as $47.49, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $46.7 billion and now has 975.32 million shares outstanding. Exelon Corporation (EXC) stock has gained 4.65 percent of market value in 21 trading days.
EXC stock has a trailing 3-year beta of 0.35, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was $3.85 a share in the trailing twelve months. The stock’s value has surged 6.25 percent year to date (YTD) against a rise of 30.01 percent in 12 month’s time. The company’s shares still trade -0.51 percent away from its 1-year high of $48.17 and 32.3 percent up from 52-week low of $36.22. The average consensus rating on the company is 2.3, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a sell.
Exelon Corporation (EXC) will probably climb 0.06 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $53 price as 12-month high target. This represents a whopping 10.6 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $49, which represents a return potential of 2.25 percent when compared to the closing price of the stock of $47.92 on Tuesday, February 12. The lowest price target for the stock is $43 — slightly more than -10.27 percent from EXC’s current share price.
History has shown that shares in Exelon Corporation have gone down on 18 different earnings reaction days and are predicted to add 0.01 percent when the company reports upcoming earnings. Investors will get their next glimpse of EXC’s Q1 earnings on May 01. Analysts are forecasting revenue to suffer decline of -15.8 percent to $7.06B in the fiscal first quarter, while earnings are seen soaring by nearly 3.64 percent to $0.57 per share. It earned $0.88 per share, in line with the $0.88, adjusted, expected by Thomson Reuters consensus estimate. Revenue was $8.81B, better than the $7.2B analysts expected. Earnings are estimated to increase by 224.7 percent this year, 0.85 percent next year and continue to increase by 5.69 percent annually for the next 5 years.
Let’s take a look at some insider activity at Exelon Corporation (NYSE:EXC) and see the pattern. The earliest insider trade took place on 03/15/2018. Butler Calvin Jr parted with a total of 25 thousand shares of company at average share price of $37.94. The total for the sales was set at $948.5 thousand. After this transaction, the CEO, BGE account balance stood at 20.87 thousand shares. The stock grew 25.99 percent since that insider sale. On 12/08/2017, Aliabadi Paymon, EVP, Chief Enterprise Risk Ofr, sold 13.33 thousand shares at a price per share of $40.62. This removed 541.63 thousand shares from the insider’s fortune and the stock saw a 17.68 percent rally in value since the news became public. This transaction left 0.35 thousand shares in the EVP, Chief Enterprise Risk Ofr account.
On 11/08/2017, Chairman Shattuck Mayo A Iii performed a sale transaction worth $4.11 million. This sale at $41.13 each has eliminated 100 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded 16.22 percent increase since the transaction was reported. The insider now is left with 28.77 thousand shares remaining in the account. Shattuck Mayo A Iii, who performs the Chairman job, sold 519.32 thousand shares for $21.03 million. The disposal occurred on 11/02/2017 was priced at $40.5 per share. The share price soared 18.02 percent since the reporting date. Shattuck Mayo A Iii now left with a stake of 28.77 thousand EXC stock worth $1.38 million after the insider selling.
The stock is currently hovering around the first support level of $47.57. Below this, the next support is placed in the zone of $47.22. Till the time, the EXC stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 61.17 on daily chart, which may remain a cause for concern. If the price breaks below $47.22 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $48.19 mark may result into a pull-back move towards $48.45 level.
Shares of Exelon Corporation (EXC) are trading at a P/E ratio of 23.06 times earnings reported for the past 12 months. The industry EXC operates in has an average P/E of 16.35. Its P/E ratio went as low as 9.88X and as high as 29.35 over the 5-year span.Further, it is sporting a 1.31 on the Price-to-Sales ratio. Compare this with the industry average P/S of 3.27. 55.3 percent is the gross profit margin for Exelon Corporation and operating margin sits at 13.5 percent. Along with this, the net profit margin is 10.7 percent.