Exelon (EXC) Projected to Post Earnings on Wednesday

Exelon (NASDAQ:EXC) is expected to be announcing its earnings results before the market opens on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.59 per share and revenue of $5.44 billion for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Exelon Price Performance

Shares of EXC stock opened at $40.54 on Wednesday. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.09 and a quick ratio of 0.97. The company has a market capitalization of $40.74 billion, a P/E ratio of 16.68, a P/E/G ratio of 2.66 and a beta of 0.56. The company’s 50-day simple moving average is $38.25 and its two-hundred day simple moving average is $38.60. Exelon has a one year low of $33.35 and a one year high of $41.19.

Insider Activity at Exelon

In related news, EVP Colette D. Honorable sold 1,463 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total transaction of $59,353.91. Following the completion of the sale, the executive vice president now owns 2,271 shares of the company’s stock, valued at $92,134.47. This represents a 39.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on EXC shares. Guggenheim upgraded shares of Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Morgan Stanley lowered their price target on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating for the company in a research report on Friday, November 22nd. Scotiabank upped their price target on shares of Exelon from $40.00 to $42.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 12th. Barclays lowered their price target on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating for the company in a research report on Wednesday, January 22nd. Finally, Evercore ISI raised shares of Exelon from an “in-line” rating to an “outperform” rating and upped their price target for the stock from $43.00 to $44.00 in a research report on Tuesday, January 21st. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $43.13.

About Exelon

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.