Exelon (EXC) Projected to Post Earnings on Wednesday

Exelon (NASDAQ:EXC) is projected to post its quarterly earnings results before the market opens on Wednesday, February 12th. Analysts expect Exelon to post earnings of $0.59 per share and revenue of $5.44 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Exelon Stock Down 0.1 %

EXC opened at $40.54 on Wednesday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.97 and a current ratio of 1.09. Exelon has a fifty-two week low of $33.35 and a fifty-two week high of $41.19. The firm’s fifty day moving average is $38.25 and its 200 day moving average is $38.60. The stock has a market cap of $40.74 billion, a price-to-earnings ratio of 16.68, a price-to-earnings-growth ratio of 2.66 and a beta of 0.56.

Analysts Set New Price Targets

Several brokerages have commented on EXC. Evercore ISI upgraded shares of Exelon from an “in-line” rating to an “outperform” rating and boosted their price target for the stock from $43.00 to $44.00 in a research note on Tuesday, January 21st. Guggenheim upgraded shares of Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Scotiabank boosted their price target on shares of Exelon from $40.00 to $42.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 12th. Morgan Stanley decreased their price target on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Friday, November 22nd. Finally, Barclays decreased their price target on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 22nd. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Exelon has a consensus rating of “Moderate Buy” and a consensus price target of $43.13.

Insider Transactions at Exelon

In related news, EVP Colette D. Honorable sold 1,463 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $40.57, for a total transaction of $59,353.91. Following the transaction, the executive vice president now directly owns 2,271 shares in the company, valued at approximately $92,134.47. This represents a 39.18 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.10% of the company’s stock.

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.