Media stories about Exelon (NYSE:EXC) have been trending somewhat positive on Friday, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Exelon earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news headlines about the energy giant an impact score of 45.6464613213922 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- Reviewing Exelon (EXC) & SCANA (SCG) (americanbankingnews.com)
- BGE Updates Filing to Provide Additional Federal Tax Reduction Benefits to Customers (finance.yahoo.com)
- These S&P 500 Utilities Offer the Highest Potential Upsides (finance.yahoo.com)
- Investors Buy Large Volume of Exelon Call Options (EXC) (americanbankingnews.com)
- Should Value Investors Pick Exelon Corporation (EXC) Stock? – Nasdaq (nasdaq.com)
A number of equities research analysts have weighed in on EXC shares. SunTrust Banks restated a “buy” rating and issued a $41.00 price objective on shares of Exelon in a report on Thursday, October 12th. Royal Bank of Canada reiterated a “buy” rating and set a $43.00 price target on shares of Exelon in a report on Tuesday, November 7th. Bank of America initiated coverage on shares of Exelon in a report on Tuesday, October 24th. They set a “buy” rating and a $43.00 price target on the stock. ValuEngine upgraded shares of Exelon from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Finally, Morgan Stanley raised their target price on shares of Exelon from $42.00 to $43.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 13th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $40.53.
Exelon (NYSE:EXC) last posted its earnings results on Thursday, November 2nd. The energy giant reported $0.85 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.86 by ($0.01). The company had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $8.58 billion. Exelon had a net margin of 6.59% and a return on equity of 8.19%. The business’s revenue was down 2.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.91 earnings per share. equities analysts predict that Exelon will post 2.65 EPS for the current fiscal year.
In related news, EVP Paymon Aliabadi sold 13,334 shares of Exelon stock in a transaction dated Friday, December 8th. The shares were sold at an average price of $40.62, for a total transaction of $541,627.08. Following the completion of the transaction, the executive vice president now directly owns 26,435 shares of the company’s stock, valued at approximately $1,073,789.70. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Chairman Mayo A. Shattuck III sold 379,337 shares of Exelon stock in a transaction dated Wednesday, October 25th. The stock was sold at an average price of $40.05, for a total transaction of $15,192,446.85. Following the transaction, the chairman now directly owns 746,986 shares of the company’s stock, valued at $29,916,789.30. The disclosure for this sale can be found here. Insiders sold a total of 1,287,788 shares of company stock valued at $51,778,749 over the last three months. Corporate insiders own 0.70% of the company’s stock.
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Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (PHI), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy delivery businesses.
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