Duke Energy Corporation (NYSE:DUK) saw an upside of 0.38% to close Tuesday at $101.37 after adding $0.38 on the day. The 5-day average trading volume is 3,304,260 shares of the company’s common stock. It has gained $104.58 in the past week and touched a new high 1 time within the past 5 days. An average of 2,519,235 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,033,784.
DUK’s 1-month performance is -0.54% or -$1.62 on its low of $99.16 reached on 01/24/23. The company’s shares have touched a 52-week low of $83.76 and high of $116.33, with the stock’s rally to the 52-week high happening on 01/09/23. YTD, DUK has lost -1.57% or -$1.62 and has reached a new high 4 times. However, the current price is down -12.86% from the 52-week high price.
DUK stock investors last saw insider trading activity on Dec 01.YOUNG STEVEN K (EVP & CCO) most recently sold 415 shares at $100.84 per share on Dec 01. This transaction cost the insider $41,849. EVP & Chief Operating Officer, Jamil Dhiaa M., sold 900 shares at a price of $95.01 on Nov 10. Then, on Nov 01, EVP & CCO YOUNG STEVEN K sold 415 shares at a price of $93.57 per share. This transaction amounted to $38,832.
DUK stock has a beta of 0.42. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.79 while the price-to-book (PB) in the most recent quarter is 1.61.
Duke Energy Corporation’s quick ratio for the period ended September 29 was 0.60, with the current ratio over the same period at 0.80. As well, the company’s long term debt to equity for the quarter ending September 29 was 1.37, while the total debt to equity was 1.51.. In terms of profitability, the gross margin trailing 12 months is 67.50%. The firm’s gross profit as reported stood at $5.37 billion against revenue of $25.1 billion.
For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 1.23% to $1.38 billion, while revenue of $893.0 million was 35.43% off the previous quarter. Analysts expected DUK to announce $1.84 per share in earnings in its latest quarter, but it posted $1.78, representing a -3.30% surprise. EBITDA for the quarter stood at more than $3.52 billion. DUK stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 124.17 billion, with total debt at $73.92 billion. Shareholders hold equity totaling $770.06 million.
Let’s look briefly at Duke Energy Corporation (DUK) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 36.17% to suggest the stock is trending Neutral, with historical volatility in this time period at 9.57%.
The stock’s 5-day moving average is $101.68, reflecting a -2.73% or -$2.85 change from its current price. DUK is currently trading -0.57% above its 20-day SMA, -5.86% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +8.48% and SMA200 by-11.97%.
Stochastic %K and %D was 24.28% and 18.41% and the average true range (ATR) pointed at 1.76. The RSI (14) points at 44.19%, while the 14-day stochastic is at 30.40% with the period’s ATR at 1.78. The stock’s 9-day MACD Oscillator is pointing at -1.76 and -2.34 on the 14-day charts.
In the most recent analyst report for Duke Energy Corporation (NYSE: DUK), Seaport Research Partners downgraded it to a Sell rating. They previously had a Neutral rating on the stock. Analysts offering their rating for DUK stock have a consensus rating for the stock as Hold. Currently, 1 brokerage advisors rate DUK as a “sell,”, while 12 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 5 have offered a “buy” rating.
What is DUK’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $91.00 and a high of $116.00, with their median price target at $110.50. Looking at these predictions, the average price target given by analysts is for Duke Energy Corporation (DUK) stock is $107.43.