XEL stock: buy or sell?

XEL stock price: $64.01 0.53% At close on October 18th, 2019

Updated on:
October 18th, 2019

5

Shares of Xcel Energy gained a slightly fine 0.53% and closed at $64.01. With Oct 18th, it's been 3 green days in a row, gaining $0.86 or 1.36%.

Xcel Energy Inc., through its subsidiaries, engages primarily in the generation, purchase, transmission, distribution, and sale of electricity in the United States.

Should I buy XEL stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading strategy that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Xcel Energy stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Xcel Energy stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 7 ratings published for XEL stock in the last 30 days.

Is XEL a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-6UBS Groupn/aNeutral
2019-9-6Morgan Stanleyn/aEqual Weight
2019-9-30Bank of AmericaNeutralUnderperform
2019-8-16Morgan Stanleyn/aEqual Weight
2019-8-13BarclaysOverweightEqual Weight
2019-6-19Barclaysn/aBuy
2019-6-14Morgan Stanleyn/aEqual Weight

XEL stock analysis

Daily outlook

Xcel Energy closed on Oct 18th at $64.01 and gained a slightly fine 0.53%.

Xcel Energy gained a slightly fine 0.53% and closed at $64.01. On Wednesday XEL price bounced up over the SMA of 50 days demonstrating to be a significant support for this stock. On September 27th, XEL hit a new all time high, pushing higher than on September 26th tops. Check different trading setups that use ATHs as triggers.

XEL stock chart (daily)

Weekly outlook

Xcel Energy closed this week at $64.01 and raised a slightly good 1.07%.

Xcel Energy stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last all-time high Xcel Energy marked late September. Since price and SMA20w lines crossed up by mid January, XEL climbed $15.72 (32.55%).

XEL stock chart (weekly)

XEL stock price history

XEL stock historical price chart

XEL stock reached all-time highs on Sep 27th with a price of $65.84.

XEL stock price target is $62.70

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' XEL stock price predictions in the hope that they will be met as they may be wrong and not met. We detected 7 price predictions for XEL stock posted in the last 30 days:
XEL stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-6UBS GroupRaises Target$63.00$66.004.8%
2019-9-6Morgan StanleyRaises Target$60.00$63.005%
2019-9-30Bank of AmericaDowngradesn/a$62.00-
2019-8-16Morgan StanleyLowers Target$61.00$60.00-1.6%
2019-8-13BarclaysDowngradesn/a$64.00-
2019-6-19BarclaysReiteratesn/a$64.00-
2019-6-14Morgan StanleyRaises Target$57.00$60.005.3%
(in average)$60.30$62.704.0%
The price forecast for Xcel Energy stock is $62.70, moving in a range between $66.00 and $60.00. In average, analysts' outlook on XEL price forecast is positive, increasing the target by a 4.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report on April, Xcel Energy . As soon as we get its actual EPS from the earnings report, we will extend this review.
XEL earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.45n/a
2017-Q32017-10-260.920.975.4%
2017-Q42018-02-070.430.42-2.3%
2018-Q12018-04-260.510.5711.8%
2018-Q22018-07-260.470.5210.6%
2018-Q32018-10-250.980.96-2.0%
2018-Q42019-01-310.420.420.0%
2019-Q12019-04-240.6n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Xcel Energy annual turnover gained a tiny 1.17% to $11,537.00 M USD from $11,404.00 marked in 2017. When comparing 2018 vs 2017, similarly, profit margin (that is, the net income divided by revenues) remained steady a 0.86% to 10.93%.

Xcel Energy presents anual results in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Xcel Energy TTM sales up to March 2019 were $11,727.00 and income $1,285.00 million dollars. When comparing this TTM figures with the last reported annuality, we can review Xcel Energy business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, inched a slightly fine 1.65%. On the other hand, profit margin (net income/sales) stayed steady at 10.93%.

XEL annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$10,900 M-$948 M8.7%-
2014$11,686 M7.21%$1,021 M8.7%7.71%
2015$11,025 M-5.66%$984 M8.9%-3.61%
2016$11,107 M0.75%$1,123 M10.1%14.11%
2017$11,404 M2.67%$1,148 M10.1%2.19%
2018$11,537 M1.17%$1,261 M10.9%9.84%
TTM $11,727 M1.65%$1,285 M11.0%1.90%

Quarterly financial results

Xcel Energy reported $3,141.00 M in revenues for 2019-Q1, a 9.06% improvement compared to previous quarter. Reported quarter income marked $315.00 M with a profit margin of 10.03%. Profit margin stepped up a 2.60% compared to previous quarter when profit margin was 7.43%. When comparing sales to same quarter last year, Xcel Energy sales marked a pretty good increase and escalated a 6.44%.
XEL quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$2,640 M-$227 M8.6%-
2017-Q3$3,020 M14.39%$492 M16.3%116.55%
2017-Q4$2,795 M-7.45%$189 M6.8%-61.60%
2018-Q1$2,951 M5.58%$291 M9.9%53.97%
2018-Q2$2,658 M-9.93%$265 M10.0%-8.93%
2018-Q3$3,048 M14.67%$491 M16.1%85.28%
2018-Q4$2,880 M-5.51%$214 M7.4%-56.42%
2019-Q1$3,141 M9.06%$315 M10.0%47.20%

Xcel Energy ownership

When you are planning to buy shares of a stock, it's always worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Xcel Energy, 0.22% of all outstanding shares are owned by its staff.

In case of Xcel Energy stock, 77.68% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for XEL stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Xcel Energy:

XELAVACMSDTEDUK
Market cap$33.6 B$3.2 B$18.2 B$23.3 B$69.5 B
Total shares524.4 M66.1 M283.8 M183.3 M728.6 M
Float shares513.5 M65.5 M281.9 M182.0 M727.6 M
  - Institutional holdings (%)77.7%78.1%94.5%74.2%61.7%
  - Insider holdings (%)0.2%1.0%0.6%0.6%0.1%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

XEL summary

Friday, October 18th, 2019
Open$63.80
Close$64.01
Day range$63.33 - $64.14
Previous close$63.67
Session gain0.53%
Average true range$0.89
50d mov avg$63.46
100d mov avg$61.59
200d mov avg$57.65
Daily pattern
Weekly pattern lt06a

Xcel Energy performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Xcel Energy, the comparison is made against Avista, CMS Energy, DTE Energy, Duke Energy, IDACORP, Alliant Energy, Pacific Gas & Electric, , PPL and WEC Energy.
Stock3m6m12m
XELXcel Energy6.01%18.62%34.00%
AVAAvista5.61%16.87%-4.19%
CMSCMS Energy10.59%20.59%29.94%
DTEDTE Energy-0.40%4.88%16.21%
DUKDuke Energy8.96%9.28%20.25%
IDAIDACORP7.57%14.30%14.47%
LNTAlliant Energy6.86%16.93%24.02%
PCGPacific Gas & Ele...-56.38%-63.05%-84.11%
PNM5.47%17.96%32.53%
PPL 7.66%6.27%8.25%
WECWEC Energy8.42%23.57%35.71%

Xcel Energy competitors

One check before investing in any stock is to review a list of its competitors, in this case for Xcel Energy. We selected 10 companies as Xcel Energy competitors as they are in the same industry or have similar market objectives.