Quick Look Into the Fundamentals of Xcel Energy Stock

More and more people are talking about Xcel Energy over the last few weeks. Xcel Energy Inc. is a utility holding company based in Minneapolis, Minnesota, serving more than 3.7 million electric customers and 2.1 million natural gas customers in Minnesota, Michigan, Wisconsin, North Dakota, South Dakota, Colorado, Texas, and New Mexico. Is it worth buying the electric utilities stock at a price of $63.39? Only time will tell. The information below will give you a basic idea of what this investment may entail:

  • Xcel Energy has moved -0.19% over the last year, and the S&P 500 logged a change of -9.49%

  • XEL has an average analyst rating of buy and is -14.43% away from its mean target price of $74.08 per share

  • Its trailing earnings per share (EPS) is $3.17

  • Xcel Energy has a trailing 12 month Price to Earnings (P/E) ratio of 20.0

  • Its forward earnings per share (EPS) is $3.6 and its forward P/E ratio is 17.61

  • The company has a Price to Book (P/B) ratio of 2.38

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.