Duke Energy Corporation (NYSE: DUK) on May 22, 2023, started off the session at the price of $92.90, plunging -0.58% from the previous trading day. During the day, the shares moved up to $93.21 and dropped to $91.795 before settling in for the closing price of $92.51. Within the past 52 weeks, DUK’s price has moved between $83.76 and $114.50.
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Annual sales at Utilities sector company grew by 4.10% over the past five years. The company achieved an average annual earnings per share of -4.70%. With a float of $769.27 million, this company’s outstanding shares have now reached $770.00 million.
Let’s look at the performance matrix of the company that is accounted for 27859 employees. In terms of profitability, gross margin is +27.43, operating margin of +22.33, and the pretax margin is +14.18.
Duke Energy Corporation (DUK) Insider Updates
Observing investor behavior towards Utilities – Regulated Electric industry stocks is more important than anything else. The insider ownership of Duke Energy Corporation is 0.12%, while institutional ownership is 64.40%. The most recent insider transaction that took place on Feb 13, was worth 189,812. In this transaction SVP, External Affairs & Comm of this company sold 1,900 shares at a rate of $99.90, taking the stock ownership to the 9,967 shares. Before that another transaction happened on Dec 01, when Company’s EVP & CCO sold 415 for $100.84, making the entire transaction worth $41,849. This insider now owns 111,997 shares in total.
Duke Energy Corporation (DUK) Performance Highlights and Predictions
As on 3/30/2023, Multinational firm has announced its last quarter scores, in which it reported $1.2 earnings per share (EPS) for the period falling under the consensus outlook (set at $1.26) by -$0.06. This company achieved a net margin of +13.46 while generating a return on equity of 7.85. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.97 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.80% during the next five years compared to 3.00% growth over the previous five years of trading.
Duke Energy Corporation (NYSE: DUK) Trading Performance Indicators
Duke Energy Corporation (DUK) is currently performing well based on its current performance indicators. A quick ratio of 0.50 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.09, a number that is poised to hit 1.21 in the next quarter and is forecasted to reach 5.98 in one year’s time.
Technical Analysis of Duke Energy Corporation (DUK)
Duke Energy Corporation (NYSE: DUK) saw its 5-day average volume 2.61 million, a negative change from its year-to-date volume of 2.93 million. As of the previous 9 days, the stock’s Stochastic %D was 6.56%. Additionally, its Average True Range was 1.63.
During the past 100 days, Duke Energy Corporation’s (DUK) raw stochastic average was set at 3.98%, which indicates a significant increase from 2.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.81% in the past 14 days, which was lower than the 18.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $96.85, while its 200-day Moving Average is $99.43. Nevertheless, the first resistance level for the watch stands at $92.86 in the near term. At $93.74, the stock is likely to face the second major resistance level. The third major resistance level sits at $94.27. If the price goes on to break the first support level at $91.44, it is likely to go to the next support level at $90.91. Assuming the price breaks the second support level, the third support level stands at $90.03.
Duke Energy Corporation (NYSE: DUK) Key Stats
Market capitalization of the company is 71.11 billion based on 770,652K outstanding shares. Right now, sales total 28,768 M and income totals 2,550 M. The company made 7,276 M in profit during its latest quarter, and 804,000 K in sales during its previous quarter.
