Are You Interested In Investing In Duke Energy Corporation (DUK)? Check This Out First

At the last check on Friday, Duke Energy Corporation’s (NYSE:DUK) stock was up $0.03, moving up 0.03 percent to $108.88. The average number of shares traded per day over the past five days has been 2,739,055 shares. 2 times new highs have been achieved over the past 5 days, with a -$3.42 fall in that time frame. In the last twenty days, the average volume was 2,847,389, while in the previous 50 days, it was 2,717,921.

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Since last month, DUK stock retreated -5.69%. Shares of the company fell to $107.40 on 05/12/22, the lowest level in the past month. A 52-week high of $116.33 was reached on 04/21/22 after having rallying from a 52-week low of $95.48. Since the beginning of this year, DUK’s stock price has risen by 3.77% or $3.00, and marked a new high 20 times. However, the stock has declined by -6.40% since its 52-week high.

Duke Energy Corporation (DUK) last reported insider trading activity 11 days ago on May 02. YOUNG STEVEN K, the EVP & CFO of the company, disposed of 415 shares for $110.67 on May 02. It resulted in a $45,928 divestment by the insider. YOUNG STEVEN K sold 415 shares at an average price of $111.47 on Apr 01. The insider now owns 115,317 shares following the transaction. On Mar 24, EVP ExtAffairs&PresCarolinas JANSON JULIA S sold 1,793 shares at $107.63 apiece. The transaction was valued at $192,975.

Valuation Metrics

Right now, Duke Energy Corporation (DUK) has a P/E ratio of about 22.06. The stock’s beta is 0.34. Besides these, the trailing price-to-sales (P/S) ratio of 3.30, the price-to-book (PB) ratio of 1.77.

The latest dividend of $0.9850 per share was paid out, remained unchanged from last year’s $0.9850. On Monday July 12 2021, a $0.02 dividend increase was announced.

Financial Health

In the three months ended March 30, Duke Energy Corporation’s quick ratio stood at 0.40, while its current ratio was 0.60, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 1.28, and the total debt-to-equity ratio was 1.42. On the profitability front, the trailing twelve-month gross margin is 72.30% percent. In the year ended March 30, operating margins totaled 21.40%. Based on annual data, DUK earned $5.37 billion in gross profit and brought in $25.1 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 4.50%. Return on equity (ROE) for the past 12 months was 8.10%.

In Duke Energy Corporation’s quarter-end financial report for March 30, it reported total debt of $62.2 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. DUK’s revenue rose 13.77% to $6.24 billion during the quarter, while net income inched up to $7.13 billion. While analysts expected Duke Energy Corporation to report $1.33 quarterly earnings, the actual figure was $1.3 per share, beating the consensus estimate by -2.30%. During the quarter, the company generated $2.76 billion in EBITDA. The liabilities of Duke Energy Corporation were 119.97 billion at the end of its most recent quarter ended March 30, and its total debt was $68.4 billion. The value of shareholders’ equity is $769.9 million.

Technical Picture

This quick technical analysis looks at Duke Energy Corporation’s (DUK) price momentum. With a historical volatility rate of 17.62%, the RSI 9-day stood at 34.26% on 12 May.

With respect to its five-day moving average, the current Duke Energy Corporation price is down by -3.07% percent or -$3.42. At present, DUK shares trade -6.05% below its 20-day simple moving average and +4.08% percent above its 100-day simple moving average. However, the stock is currently trading approximately +5.12% above its SMA50 and +2.10% above its SMA200.

Stochastic coefficient K was 17.44% and Stochastic coefficient D was 22.00%, while ATR was 2.58. Given the Stochastic reading of 5.93% for the 14-day period, the RSI (14) reading has been calculated as 39.09%. As of today, the MACD Oscillator reading stands at -0.74, while the 14-day reading stands at -1.53.

Analyst Ratings

Credit Suisse launched its rating on Duke Energy Corporation (NYSE: DUK) to an Outperform in a note to investors on April 26, 2022. Duke Energy Corporation (DUK) has been rated Overweight by analysts. According to 0 brokerage firms, DUK is a sell, and 11 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate Duke Energy Corporation stock as buy, with 8 recommending it as overweight.

With a median target price of $119.00, the current consensus forecast for the stock is $102.00 – $123.00. Based on these forecasts, analysts predict Duke Energy Corporation (DUK) will achieve an average price target of $116.00.


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