- Xcel Energy Maintains FY EPS Forecast: Xcel Energy has reaffirmed its earnings per share (EPS) forecast for the fiscal year 2024.
- EPS Range: The company continues to expect its EPS to be in the range of $3.50 to $3.60.
- Estimated EPS: Analyst estimates for the EPS stand at $3.56.
- GAAP and Ongoing Earnings Guidance: The EPS forecast covers both GAAP and ongoing earnings.
- Key Assumptions: The forecast is based on several critical assumptions, including constructive regulatory outcomes.
- Analyst Ratings: The current analyst ratings consist of 9 buys, 7 holds, and 1 sell.
A look at Xcel Energy Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Xcel Energy Inc has a mixed long-term outlook. With above-average scores in Dividend and Momentum, the company appears to be in a strong position to provide consistent returns to investors while also showing positive price performance trends. However, with average scores in Value and Growth, there may be some concerns about the company’s valuation and potential for future expansion. Additionally, the below-average score in Resilience raises questions about the company’s ability to withstand potential market downturns or unexpected challenges.
Xcel Energy, Inc. provides electric and natural gas services across several states in the US. This diverse portfolio of energy-related services includes the generation, transmission, and distribution of electricity and natural gas. Serving customers in various regions, Xcel Energy Inc plays a crucial role in providing essential services to communities while also navigating the evolving energy landscape. Looking ahead, the company’s performance in areas such as Dividend and Momentum could be key factors in shaping its long-term growth and stability.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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