Tag: Exelon Corporation

  • NYSE Overbought Stocks: Exelon Corporation (NYSE:EXC), WellPoint Inc (NYSE:WLP), FutureFuel (NYSE:FF), Taubman Centers (NYSE:TCO)

    Exelon Corporation (NYSE:EXC) is a provider of energy and holding company for several businesses. The company closed last week on all positive fronts and this week will be closely watched. Exelon had its rating and price target adjusted positively last week; it was also a week that the stock was largely on the gaining zone after it announced agreement to acquire another energy property that will boost its natural gas energy business. Exelon Corporation (NYSE:EXC) shares after opening at $32.56 moved to $32.97 on last trade day and at the end of the day closed at $32.93. Company price to sales ratio in past twelve months was calculated as 1.13 and price to cash ratio as 17.52. Exelon Corporation (NYSE:EXC) showed a positive weekly performance of 6.16%.

    WellPoint Inc (NYSE:WLP), the second largest health insurance provider in the United States, increased it searnings guidance for 2014 citing the growth of new customers through the Patient Protection and Affordable Care Act – popularly known as Obamacare. WellPoint Inc (NYSE:WLP) shares advanced 1.20% in last trading session and ended the day on $100.97. WLP return on equity ratio is recorded as 17.00% and its return on assets is 7.00%. WellPoint Inc (NYSE:WLP) yearly performance is 60.58%.

    FutureFuel Corp. (NYSE:FF) is engaged in manufacturing of chemicals and bio fuels. It reported some excellent figures for the fourth quarter. The company reported a 68% increase in revenues for the fourth quarter on y-on-y basis. Against revenue of $74.6 million recorded in the fourth quarter of 2012, the company managed to increase it to $125.6 million for the fourth quarter of 2013. The improved market conditions in the biodiesel market also lead to a far more drastic improvement in the net income figures. The reinstatement of $1 blender’s credit and RSS2 mandate helped the company post a 327% increase in net income. The net income increased to $26.5 million in the fourth quarter of 2013. Adjusted EBITDA also increased to $28.2 million against $6 million for the same period last year. FutureFuel Corp. (NYSE:FF) shares moved down -0.71% in last trading session and was closed at $21.08, while trading in range of $20.82-$21.40. FutureFuel Corp. (NYSE:FF) year to date performance is 34.45%.

    Taubman Centers (NYSE:TCO) has been given a consensus rating of “Hold” by the eight brokerages that are currently covering the stock, Stock Ratings Network.com reports. Seven investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $73.00. Taubman Centers, Inc. (NYSE:TCO) weekly performance is 206.19%. On last trading day company shares ended up $69.20.Taubman Centers, Inc. (NYSE:TCO) distance from 50-day simple moving average is 190.49%. Analysts mean target price for the company is $74.08.