The stock of Exelon Corporation (NYSE:EXC) is a huge mover today! About 605,886 shares traded hands. Exelon Corporation (NYSE:EXC) has declined 4.65% since April 25, 2016 and is downtrending. It has underperformed by 10.67% the S&P500.
The move comes after 6 months positive chart setup for the $31.05 billion company. It was reported on Nov, 28 by Barchart.com. We have $35.68 PT which if reached, will make NYSE:EXC worth $2.17 billion more.
Analysts await Exelon Corporation (NYSE:EXC) to report earnings on February, 1. They expect $0.44 EPS, up 15.79% or $0.06 from last year’s $0.38 per share. EXC’s profit will be $409.66M for 18.95 P/E if the $0.44 EPS becomes a reality. After $0.91 actual EPS reported by Exelon Corporation for the previous quarter, Wall Street now forecasts -51.65% negative EPS growth.
Exelon Corporation (NYSE:EXC) Ratings Coverage
Out of 17 analysts covering Exelon Corporation (NYSE:EXC), 11 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 65% are positive. Exelon Corporation has been the topic of 37 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was maintained by UBS on Wednesday, August 26 with “Neutral”. The stock of Exelon Corporation (NYSE:EXC) has “Buy” rating given on Wednesday, January 27 by Citigroup. The rating was maintained by Barclays Capital on Wednesday, August 31 with “Overweight”. The stock has “Buy” rating given by Wells Fargo on Monday, August 31. The rating was upgraded by SunTrust to “Buy” on Monday, September 14. The rating was downgraded by Citigroup to “Sell” on Tuesday, February 23. The firm has “Buy” rating given on Monday, September 14 by Suntrust Robinson. Argus Research upgraded Exelon Corporation (NYSE:EXC) rating on Monday, March 7. Argus Research has “Buy” rating and $39 price target. The stock has “Overweight” rating given by JP Morgan on Tuesday, August 16. The stock of Exelon Corporation (NYSE:EXC) has “Sell” rating given on Wednesday, July 20 by Citigroup.
According to Zacks Investment Research, “Exelon Corporation is a utility holding company. Its subsidiaries are engaged principally in the production, purchase, transmission, distribution and sale of electricity to residential, commercial, industrial and wholesale customers and the distribution and sale of natural gas to residential, commercial and industrial customers. Exelon is a bold, creative, accountable and committed company, with employees dedicated in their efforts to set the standards for the utility services industry.”
Insitutional Activity: The institutional sentiment increased to 1.05 in Q2 2016. Its up 0.09, from 0.96 in 2016Q1. The ratio increased, as 56 funds sold all Exelon Corporation shares owned while 256 reduced positions. 66 funds bought stakes while 235 increased positions. They now own 673.21 million shares or 2.78% less from 692.44 million shares in 2016Q1.
First Fincl Bank Sioux Falls reported 1,091 shares or 0.13% of all its holdings. Laffer Invests owns 40,616 shares or 0% of their US portfolio. Advisor Partners Ltd Llc, a California-based fund reported 7,170 shares. Fmr holds 0.25% or 49.46 million shares in its portfolio. Baillie Gifford reported 471,720 shares or 0.03% of all its holdings. Tarbox Grp Inc holds 0% of its portfolio in Exelon Corporation (NYSE:EXC) for 115 shares. Moreover, Frontier Mngmt Communication has 0.72% invested in Exelon Corporation (NYSE:EXC) for 158,812 shares. Tudor Et Al accumulated 15,200 shares or 0.01% of the stock. The Virginia-based Burke Herbert Comml Bank Trust Comm has invested 0.2% in Exelon Corporation (NYSE:EXC). Renaissance Technologies Ltd Company last reported 1.64 million shares in the company. Fincl Bank holds 10,629 shares or 0.05% of its portfolio. First Com has invested 0.08% of its portfolio in Exelon Corporation (NYSE:EXC). Moreover, Engineers Gate Manager Ltd Partnership has 0.38% invested in Exelon Corporation (NYSE:EXC) for 145,038 shares. The Illinois-based Blair William Il has invested 0.06% in Exelon Corporation (NYSE:EXC). Livforsakringsbolaget Skandia Omsesidigt accumulated 0.15% or 90,237 shares.
Insider Transactions: Since July 15, 2016, the stock had 0 insider buys, and 2 insider sales for $1.32 million net activity. Another trade for 6,403 shares valued at $224,105 was made by BUTLER CALVIN JR on Thursday, September 22. 30,000 shares were sold by Cornew Kenneth W., worth $1.09 million on Friday, July 15.
Another recent and important Exelon Corporation (NYSE:EXC) news was published by Businesswire.com which published an article titled: “ICF Awarded Approximately $110 Million in Contracts by Exelon Corporation” on November 21, 2016.
EXC Company Profile
Exelon Corporation, incorporated on February 4, 1999, is a utility services holding company. The Firm operates through its subsidiaries, Exelon Generation Company, LLC (Generation), Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), and Baltimore Gas and Electric Company (BGE). The Firm operates through nine divisions consisting of Generation’s six power marketing divisions, including Mid-Atlantic, Midwest, New England, New York, ERCOT and other regions in Generation; ComEd; PECO, and BGE.
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