A better buy-in window may exist right now for Exelon Corporation (EXC)

Exelon Corporation (NASDAQ: EXC) stock fell -1.00% on Friday to $41.68 against a previous-day closing price of $42.10. With 6.47 million shares changed hands, the volume of the stock remained heavier than its average volume of 6.24 million shares. During the session, the Utilities – Diversified company that operates in wider Utilities sector, reached to the highest price of $42.11 whereas the lowest price it dropped to was $41.47. The 52-week range on EXC shows that it touched its highest point at $50.71 and its lowest point at $33.87 during that stretch. It currently has a 1-year price target of $49.39. With its current market cap of 41.44 billion, EXC has annualized dividend of $1.35 while the current yield stands at 3.24%. Beta for the stock currently stands at 0.49.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EXC was down-trending over the past week, with a drop of -3.61%, but this was down by -7.52% over a month. Three-month performance dropped to -1.30% while six-month performance fell -4.62%. The stock gained 18.37% in the past year, while it has gained 1.20% so far this year. A look at the trailing 12-month EPS for EXC yields 2.59 with Next year EPS estimates of 2.42. For the next quarter, that number is 0.68. This implies an EPS growth rate of -13.40% for this year and 7.00% for next year. EPS is expected to grow by 16.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 7.60%.

Float and Shares Shorts:

At present, 993.45 million EXC shares are outstanding with a float of 990.94 million shares on hand for trading. On Jul 14, 2022, short shares totaled 15.78 million, which was 1.61% higher than short shares on Jun 14, 2022. In addition to Mr. Christopher Mark Crane as the firm’s Pres, CEO & Director, Mr. Joseph Nigro serves as its Sr. EVP & CFO.

Institutional Ownership:

Through their ownership of 84.25% of EXC’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 54.48% of EXC, in contrast to 29.05% held by mutual funds. Shares owned by individuals account for 0.71%. As the largest shareholder in EXC with 9.11% of the stake, Wellington Management Co. LLP holds 90,296,113 shares worth 90,296,113. A second-largest stockholder of EXC, The Vanguard Group, Inc., holds 84,080,512 shares, controlling over 8.48% of the firm’s shares. SSgA Funds Management, Inc. is the third largest shareholder in EXC, holding 58,535,397 shares or 5.90% stake. With a 2.93% stake in EXC, the Vanguard Total Stock Market Index is the largest stakeholder. A total of 29,004,896 shares are owned by the mutual fund manager. The Vanguard Wellington Fund, which owns about 2.81% of EXC stock, is the second-largest Mutual Fund holder. It holds 27,817,454 shares valued at 1.22 billion. Vanguard 500 Index Fund holds 2.21% of the stake in EXC, owning 21,872,710 shares worth 960.43 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EXC since 19 analysts follow the stock currently. There are 10 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 7 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 1 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With EXC analysts setting a high price target of $55.00 and a low target of $46.00, the average target price over the next 12 months is $49.18. Based on these targets, EXC could surge 31.96% to reach the target high and rise by 10.36% to reach the target low. Reaching the average price target will result in a growth of 17.99% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. EXC will report FY 2022 earnings on 02/08/2023. Analysts have provided yearly estimates in a range of $2.30 being high and $2.16 being low. For EXC, this leads to a yearly average estimate of $2.26. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Exelon Corporation surprised analysts by -$0.02 when it reported $0.44 EPS against a consensus estimate of $0.46. The surprise factor in the prior quarter was -$0.01. Based on analyst estimates, the high estimate for the next quarter is $0.75 and the low estimate is $0.62. The average estimate for the next quarter is thus $0.68.

Dividends & Yield:

In terms of dividends, EXC has a current ratio of $1.35, which is $1.35 over the trailing 12-months, while a dividend of $1.44 is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and EXC currently yields $3.35. In the past year, EXC’s dividend yield has been $3.35, but when looking at the stock over the past five years, its yield has been $3.29.

Summary of Insider Activity:

Insiders traded EXC stock several times over the past three months with 8 Buys and 0 Sells. In these transactions, 6,736 shares were bought while 0 shares were sold. The number of buy transactions has increased to 66 while that of sell transactions has risen to 39 over the past year. The total number of shares bought during that period was 854,170 while 676,949 shares were sold.

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