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

Exelon (NASDAQ:EXC) had its price objective dropped by stock analysts at Jefferies Financial Group from $57.00 to $55.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 22.88% from the company’s previous close.

Several other analysts also recently weighed in on the stock. Evercore ISI assumed coverage on shares of Exelon in a report on Monday, October 6th. They issued an “outperform” rating and a $57.00 target price for the company. Wells Fargo & Company dropped their price objective on Exelon from $52.00 to $51.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. BTIG Research initiated coverage on Exelon in a research note on Tuesday, October 21st. They set a “neutral” rating on the stock. UBS Group lowered their target price on Exelon from $49.00 to $48.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Finally, KeyCorp set a $39.00 price target on shares of Exelon in a research note on Friday, December 12th. Seven investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $49.38.

Exelon Stock Performance

NASDAQ EXC opened at $44.76 on Tuesday. The stock has a fifty day simple moving average of $44.28 and a 200-day simple moving average of $44.77. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.66. The stock has a market cap of $45.22 billion, a PE ratio of 16.04, a P/E/G ratio of 2.63 and a beta of 0.46. Exelon has a twelve month low of $39.47 and a twelve month high of $48.51.

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

Institutional Investors Weigh In On Exelon

Large investors have recently modified their holdings of the company. Caxton Associates LLP acquired a new position in shares of Exelon during the first quarter worth $286,000. Woodline Partners LP lifted its holdings in Exelon by 40.7% during the 1st quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock worth $3,913,000 after buying an additional 24,580 shares during the last quarter. Signaturefd LLC boosted its position in shares of Exelon by 5.1% during the 2nd quarter. Signaturefd LLC now owns 16,856 shares of the company’s stock worth $732,000 after acquiring an additional 814 shares in the last quarter. Sound Income Strategies LLC increased its holdings in shares of Exelon by 213.7% in the 2nd quarter. Sound Income Strategies LLC now owns 1,189 shares of the company’s stock valued at $52,000 after acquiring an additional 810 shares during the last quarter. Finally, V Square Quantitative Management LLC raised its position in shares of Exelon by 5.2% during the 2nd quarter. V Square Quantitative Management LLC now owns 22,670 shares of the company’s stock worth $984,000 after acquiring an additional 1,111 shares in the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

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.