Exelon (EXC) Earning Somewhat Positive News Coverage, AlphaOne Reports

Press coverage about Exelon (NYSE:EXC) has trended somewhat positive recently, according to AlphaOne Sentiment Analysis. The research group, a division of Accern, ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Exelon earned a coverage optimism score of 0.11 on AlphaOne’s scale. AlphaOne also assigned news coverage about the energy giant an impact score of 79 out of 100, indicating that recent press coverage is likely to have an impact on the company’s share price in the immediate future.

These are some of the media stories that may have impacted Alpha One Sentiment Analysis’s scoring:

Exelon (NYSE:EXC) traded down 0.06% during midday trading on Friday, reaching $35.03. The company’s stock had a trading volume of 4,469,740 shares. The company’s 50-day moving average is $35.94 and its 200 day moving average is $34.61. The firm has a market cap of $32.46 billion, a price-to-earnings ratio of 28.71 and a beta of 0.26. Exelon has a 12-month low of $29.82 and a 12-month high of $37.70.

Exelon (NYSE:EXC) last posted its earnings results on Wednesday, February 8th. The energy giant reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by $0.01. The company had revenue of $8.05 billion for the quarter, compared to analysts’ expectations of $7.91 billion. Exelon had a return on equity of 9.24% and a net margin of 3.59%. The firm’s quarterly revenue was up 20.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.38 EPS. Equities analysts forecast that Exelon will post $2.67 earnings per share for the current year.

EXC has been the topic of several recent research reports. Zacks Investment Research upgraded Exelon from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a research report on Monday, January 9th. Royal Bank of Canada set a $40.00 price objective on Exelon and gave the company a “buy” rating in a research report on Wednesday, January 4th. Jefferies Group LLC reiterated a “buy” rating and set a $39.50 price objective (up from $37.00) on shares of Exelon in a research report on Friday, December 23rd. Morgan Stanley lowered Exelon from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $40.00 to $37.00 in a research report on Tuesday, March 28th. They noted that the move was a valuation call. Finally, Wells Fargo & Co lowered Exelon from an “outperform” rating to a “market perform” rating in a research report on Wednesday, April 5th. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $38.54.

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In other Exelon news, SVP Duane M. Desparte sold 5,000 shares of the company’s stock in a transaction on Tuesday, February 21st. The stock was sold at an average price of $35.82, for a total transaction of $179,100.00. Following the completion of the sale, the senior vice president now owns 9,914 shares in the company, valued at $355,119.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.80% of the stock is owned by corporate insiders.

Exelon Company Profile

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.

5 Day Chart for NYSE:EXC

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