Duke Energy Corp. (DUK) concluded trading on Thursady at a closing price of $92.13, with 4.13 million shares of worth about $380.63 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.84% during that period and on Thursady the price saw a loss of about -0.92%. Currently the company’s common shares owned by public are about 771.00M shares, out of which, 769.76M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 36 times over the past 12 months. They bought 10,704 shares in 6 of the transactions. In 30 selling transactions, insiders dumped 44,288 shares.
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However, the stock later moved at a day high price of 92.59, or with a loss of -0.92%. Stock saw a price change of 0.86% in past 5 days and over the past one month there was a price change of -3.64%. Year-to-date (YTD), DUK shares are showing a performance of -5.06% which decreased to -5.68% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $83.06 but also hit the highest price of $100.39 during that period. The average intraday trading volume for Duke Energy Corp. shares is 3.25 million. The stock is currently trading -2.10% below its 20-day simple moving average (SMA20), while that difference is down -3.91% for SMA50 and it goes to -0.08% lower than SMA200.
Duke Energy Corp. (NYSE: DUK) currently have 771.00M outstanding shares and institutions hold larger chunk of about 65.89% of that.
The stock has a current market capitalization of $71.03B and its 3Y-monthly beta is at 0.47. PE ratio of stock for trailing 12 months is 25.96, while it has posted earnings per share of $3.55 in the same period. Its PEG reads 3.81 and has Quick Ratio of 0.49 while making debt-to-equity ratio of 1.64. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DUK, volatility over the week remained 1.52% while standing at 1.69% over the month.
Analysts are in expectations that Duke Energy Corp. (DUK) stock would likely to be making an EPS of $1.27 in the current quarter, while forecast for next quarter EPS is $0.99 and it is $6.31 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.89 which is $1.46 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $1.2 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 7.26% while it is estimated to increase by 6.28% in next year. EPS is likely to grow at an annualized rate of 6.81% for next 5-years, compared to annual growth of -1.19% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on February 12, 2024 offering a Neutral rating for the stock and assigned a target price range of between $105 and $96 to it. Coverage by Evercore ISI stated Duke Energy Corp. (DUK) stock as an Outperform in their note to investors on January 23, 2024, suggesting a price target of $108 for the stock. On January 10, 2024, RBC Capital Mkts Upgrade their recommendations, while on November 30, 2023, Wells Fargo Upgrade their ratings for the stock with a price target of $103. Stock get an Overweight rating from Barclays on August 23, 2023.
