Xcel Energy (NASDAQ:XEL) Issues FY25 Earnings Guidance

Xcel Energy (NASDAQ:XEL) updated its FY25 earnings guidance on Thursday. The company provided EPS guidance of $3.75-3.85 for the period, compared to the consensus EPS estimate of $3.83. Xcel Energy also updated its FY 2025 guidance to 3.750-3.850 EPS.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Morgan Stanley lifted their price objective on shares of Xcel Energy from $68.00 to $73.00 and gave the stock an “equal weight” rating in a research report on Wednesday, September 25th. Barclays lifted their price objective on shares of Xcel Energy from $57.00 to $67.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. KeyCorp lifted their price objective on shares of Xcel Energy from $69.00 to $74.00 and gave the stock an “overweight” rating in a research report on Friday. UBS Group lifted their price objective on shares of Xcel Energy from $66.00 to $67.00 and gave the stock a “neutral” rating in a research report on Friday, September 20th. Finally, Argus raised shares of Xcel Energy from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a research report on Monday, August 26th. Seven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $66.38.

Xcel Energy Stock Performance

Shares of NASDAQ:XEL traded down $0.12 on Friday, reaching $66.69. The company’s stock had a trading volume of 6,860,953 shares, compared to its average volume of 3,615,531. The stock’s 50-day moving average is $63.61 and its two-hundred day moving average is $58.29. Xcel Energy has a 52-week low of $46.79 and a 52-week high of $68.36. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.97 and a quick ratio of 0.86. The stock has a market capitalization of $37.18 billion, a P/E ratio of 19.79, a PEG ratio of 2.94 and a beta of 0.38.

Xcel Energy (NASDAQ:XEL) last released its quarterly earnings results on Thursday, October 31st. The company reported $1.25 EPS for the quarter, missing the consensus estimate of $1.31 by ($0.06). The business had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.93 billion. Xcel Energy had a net margin of 13.67% and a return on equity of 10.99%. The firm’s revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.23 earnings per share. As a group, sell-side analysts forecast that Xcel Energy will post 3.55 EPS for the current year.

About Xcel Energy

Xcel Energy Inc, through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through wind, nuclear, hydroelectric, biomass, and solar energy sources, as well as coal, natural gas, oil, wood, and refuse-derived fuels.