Exelon (EXC) Leading In Pre-Market Activity

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified Exelon ( EXC) as a pre-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Exelon as such a stock due to the following factors:

  • EXC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $195.5 million.
  • EXC traded 23,005 shares today in the pre-market hours as of 8:00 AM.
  • EXC is up 2.7% today from yesterday's close.

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More details on EXC:

Exelon Corporation, a utility services holding company, engages in the energy generation and delivery businesses in the United States. It owns electric generating facilities, such as nuclear, fossil, and hydroelectric generation facilities, as well as wind and solar photovoltaic facilities. The stock currently has a dividend yield of 3.7%. EXC has a PE ratio of 13. Currently there are 7 analysts that rate Exelon a buy, 1 analyst rates it a sell, and 6 rate it a hold.

The average volume for Exelon has been 6.5 million shares per day over the past 30 days. Exelon has a market cap of $28.8 billion and is part of the utilities sector and utilities industry. The stock has a beta of 0.31 and a short float of 8.9% with 13.34 days to cover. Shares are down 9.8% year-to-date as of the close of trading on Monday.

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TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Exelon as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, good cash flow from operations, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself.

Highlights from the ratings report include:
  • The revenue growth came in higher than the industry average of 2.7%. Since the same quarter one year prior, revenues rose by 22.0%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Electric Utilities industry. The net income increased by 670.0% when compared to the same quarter one year prior, rising from $90.00 million to $693.00 million.
  • Net operating cash flow has significantly increased by 803.03% to $1,490.00 million when compared to the same quarter last year. In addition, EXELON CORP has also vastly surpassed the industry average cash flow growth rate of 11.84%.
  • EXELON CORP reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, EXELON CORP reported lower earnings of $1.87 versus $2.00 in the prior year. This year, the market expects an improvement in earnings ($2.45 versus $1.87).
  • The debt-to-equity ratio is somewhat low, currently at 0.98, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.94 is somewhat weak and could be cause for future problems.

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