Jefferies Financial Group Issues Pessimistic Forecast for Exelon (NASDAQ:EXC) Stock Price

Exelon (NASDAQ:EXC) had its price target cut by equities researchers at Jefferies Financial Group from $57.00 to $55.00 in a report released on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 22.74% from the company’s current price.

Other analysts have also recently issued reports about the company. BTIG Research started coverage on Exelon in a research note on Tuesday, October 21st. They issued a “neutral” rating on the stock. Wolfe Research cut Exelon from an “outperform” rating to a “peer perform” rating in a research note on Tuesday. TD Cowen began coverage on shares of Exelon in a research note on Thursday, October 16th. They issued a “hold” rating and a $49.00 price objective for the company. Weiss Ratings reissued a “buy (b)” rating on shares of Exelon in a report on Friday, October 31st. Finally, Wells Fargo & Company decreased their target price on shares of Exelon from $52.00 to $51.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Seven research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Exelon has an average rating of “Hold” and a consensus price target of $49.38.

Exelon Stock Up 0.6%

Exelon stock traded up $0.26 during trading hours on Tuesday, reaching $44.81. The stock had a trading volume of 3,993,651 shares, compared to its average volume of 7,424,208. The company has a market cap of $45.27 billion, a price-to-earnings ratio of 16.07, a PEG ratio of 2.59 and a beta of 0.46. The business’s 50 day moving average price is $44.32 and its 200-day moving average price is $44.76. Exelon has a 52 week low of $39.47 and a 52 week high of $48.51. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.94 and a quick ratio of 0.85.

Exelon (NASDAQ:EXC) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.17. The firm had revenue of $6.71 billion during the quarter, compared to analyst estimates of $6.40 billion. Exelon had a return on equity of 10.28% and a net margin of 11.60%.Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Sell-side analysts anticipate that Exelon will post 2.64 EPS for the current year.

Institutional Investors Weigh In On Exelon

Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Exelon by 0.4% during the third quarter. Vanguard Group Inc. now owns 130,522,986 shares of the company’s stock worth $5,874,840,000 after purchasing an additional 530,935 shares during the last quarter. State Street Corp lifted its holdings in shares of Exelon by 4.0% in the second quarter. State Street Corp now owns 64,077,850 shares of the company’s stock worth $2,782,260,000 after acquiring an additional 2,491,064 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Exelon by 3.4% during the second quarter. Geode Capital Management LLC now owns 27,958,588 shares of the company’s stock worth $1,209,229,000 after buying an additional 931,897 shares in the last quarter. Lazard Asset Management LLC lifted its stake in shares of Exelon by 32.9% in the 3rd quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock valued at $1,010,299,000 after acquiring an additional 5,554,494 shares during the last quarter. Finally, Wellington Management Group LLP boosted its holdings in shares of Exelon by 2.2% during the 3rd quarter. Wellington Management Group LLP now owns 18,663,481 shares of the company’s stock valued at $840,043,000 after acquiring an additional 393,917 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Company Profile

Exelon Corporation (NASDAQ: EXC) is a Chicago-based energy company that operates primarily as a regulated electric and natural gas utility holding company. The company’s businesses focus on the delivery of electricity and related services to residential, commercial and industrial customers, as well as investments in grid modernization, customer energy solutions and demand-side programs. Exelon’s operations emphasize reliable service delivery, infrastructure maintenance and regulatory compliance across its utility footprint.

Formed in 2000 through the merger of Unicom and PECO Energy, Exelon historically combined generation and regulated utility businesses.