Exelon Corporation (NYSE:EXC) is Under Analysts Radar as Broker Rating Hits 215

Exelon Corporation (NYSE:EXC) currently has an A verage Broker Rating of 2. This number is based on the 10 sell-side firms polled by Zacks. The ABR rank within the industry stands at 215. Analysts on a consensus basis are expecting that the stock will reach $53 within the year.  The ABR is provided by Zacks which simplfies analyst ratings into an integer based number. They use a one to five scale where they translate brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 represents a Hold and 4-5 represents a consensus Sell rating. 

An evaluation of a stock’s expected performance and/or its risk level as judged by a rating agency such as Standard and Poor’s. A stock rating will usually tell the investor how well a stock’s market value relates to what analysts believe is a fair value for the stock, based on an objective evaluation of the company. The greater the amount by which the fair value exceeds the market value, the more highly recommended a buy the stock is. Conversely, if the market value of the stock exceeds the fair value of the stock, then analysts recommend that the stock be sold.

When active traders find an opening to get in on a stock they think is about to make a move, they may try to buy up as much as they can before the price moves back outside the buying range. This buying may be seen when the stock market dips after a bearish move. Spotting these buying conditions and being able to make a timely move can help the trader take advantage of various market scenarios. Winning traders are typically ready to pounce on any opportunity they find in the stock market.

Exelon Corporation (NYSE:EXC) closed the last session at $43.91 and sees an average of 6708061 shares trade hands in each session. The 52-week low of the stock stands at $43.83 while the current level stands at 1.12% of the 52-week High-Low range. Looking further out we can see that the stock has moved -8.58% over the past 12 weeks and -2.64% year to date.

Research analysts are predicting that Exelon Corporation (NYSE:EXC) will report earnings of $0.79 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.

Most recently Exelon Corporation (NYSE:EXC) posted quarterly earnings of $0.92 which compared to the sell-side estimates of 0.88. The stock’s 12-month trailing earnings per share stands at $2.97. Shares have moved $-1.33 over the past month and more recently, $-0.59 over the past week heading into the earnings announcement. There are 5 analyst projections that were taken into consideration from respected brokerage firms.

5 analysts rate Exelon Corporation a Buy or Strong Buy, which is 50% of all the analyst ratings.

With so many different stock trading strategies to choose from, new investors may become overwhelmed when presented with all the possible options. Some investors will choose to rely on the expertise of professionals, while others will try to have a go at it on their own. Investors who prefer to do their own research and make their own investment decisions are quite common these days. Of course there is no set in stone way to properly trade the stock market. Markets and economic situations are constantly changing. Staying on top of all the latest information and global developments can be challenging. Investors who are able to stay the course and put in the required time might be able to eventually give themselves a leg up in the future.

This article is informational purposes only and should not be considered a recommendation to buy or sell the stock.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *