Exelon Corporation (EXC) Monthly Stock Report
Publication Date: September 22, 2024
Company Overview
Exelon Corporation (EXC) is a leading utility services holding company based in Chicago, Illinois, specializing in energy distribution and transmission across the United States and Canada. Since its founding in 2000, Exelon has focused on the regulated retail sale of electricity and natural gas, while also managing the transmission and distribution of these resources to various consumer segments, including distribution utilities, municipalities, and residential clients. Classified in the Utilities sector under the Electric Utilities sub-industry, Exelon has been publicly traded since March 4, 1957.
Current Market Performance
As of now, Exelon’s stock price stands at $40.27, closely approaching its fifty-two week high of $41.48, indicating a robust performance over the past year. The fifty-day moving average, currently at $37.77, reflects a positive momentum as the stock trades above this level. Despite this strength, analysts maintain a cautious outlook, issuing a hold recommendation based on a mean target price of $41.69, suggesting limited upside potential with a high target set at $46.00 and a low target of $38.00. This range indicates moderate expected fluctuations, with the average recommendation among 16 analysts reflecting a 2.6, encouraging investors to keep their current positions without aggressive trading strategies.
Financial Snapshot
Exelon has reported total revenues of approximately $22.75 billion, emphasizing its significant market presence and operational scale. Currently, the company has 1,000,499,968 shares outstanding, with around 19 million shares shorted, reflecting a modest short interest representing just 1.9% of its float. This suggests a generally positive sentiment among investors regarding Exelon’s market performance. However, a lack of available Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) data complicates a full evaluation of the company’s profitability metrics, warranting careful consideration in investment decisions.
In conclusion, while there are encouraging indicators for Exelon’s future price movements, potential investors should proceed with caution, given the current market forecasts and the lack of comprehensive financial data.
| Metric | Value |
|---|---|
| Market Cap | $40.3b |
| Total Debt | $46.2b |
| Total Cash | $934.0m |
| Shares Outstanding | 1.0b |
| Float Shares | 998.8m |
Disclaimer:
The information provided in this monthly report is for informational purposes only and should not be construed as financial, investment, or trading advice. AltStation.io does not guarantee the accuracy, completeness, or timeliness of the data and analyses presented. The content is based on publicly available information, and while we strive to ensure its accuracy, errors and omissions may occur.
Investing in stocks, cryptocurrencies, and other financial instruments involves significant risk, including the potential loss of principal. Past performance is not indicative of future results. Readers should conduct their own research and consult with a qualified financial advisor before making any investment decisions. AltStation.io and its affiliates are not responsible for any losses incurred as a result of using this report.
By using this report, you acknowledge that you understand and accept these terms.