DTE Energy Co. (NYSE: DTE) On Tuesday, started off the session at the price of On Tuesday, remained unchanged from the previous trading day, before settling in for the closing price of $110.12. Within the past 52 weeks, DTE’s price has moved between $90.14 and $116.73.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Utilities sector was 0.69%. The company achieved an average annual earnings per share of 16.83%. With a float of $206.20 million, this company’s outstanding shares have now reached $206.36 million.
Considering the fact that the conglomerate employs 9950 people, you should pay attention to its efficiency factor.
DTE Energy Co. (DTE) Breakdown of a Key Holders of the stock
Observing investor behavior towards Utilities – Regulated Electric industry stocks is more important than anything else. The insider ownership of DTE Energy Co. is 0.35%, while institutional ownership is 76.72%. The most recent insider transaction that took place on Feb 27 ’24, was worth 514,810. In this transaction President & COO – DTE Gas of this company sold 4,800 shares at a rate of $107.25, taking the stock ownership to the 26,118 shares. Before that another transaction happened on Feb 23 ’24, when Company’s President & COO sold 3,000 for $108.49, making the entire transaction worth $325,470. This insider now owns 18,961 shares in total.
DTE Energy Co. (DTE) Recent Fiscal highlights
As on 12/31/2023, Multinational firm has announced its last quarter scores, in which it reported 1.33 earnings per share (EPS) for the period topping the consensus outlook (set at 1.25) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.10% during the next five years compared to 1.84% growth over the previous five years of trading.
DTE Energy Co. (NYSE: DTE) Trading Performance Indicators
DTE Energy Co. (DTE) is currently performing well based on its current performance indicators. A quick ratio of 0.42 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 1.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.76, a number that is poised to hit 1.70 in the next quarter and is forecasted to reach 7.16 in one year’s time.
Technical Analysis of DTE Energy Co. (DTE)
Compared to the last year’s volume of 1.19 million, its volume of 1.16 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 84.61%. Additionally, its Average True Range was 2.08.
During the past 100 days, DTE Energy Co.’s (DTE) raw stochastic average was set at 63.87%, which indicates a significant decrease from 86.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.81% in the past 14 days, which was higher than the 20.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $108.74, while its 200-day Moving Average is $106.04. Nevertheless, the first resistance level for the watch stands at $111.00 in the near term. At $111.89, the stock is likely to face the second major resistance level. The third major resistance level sits at $112.62. If the price goes on to break the first support level at $109.38, it is likely to go to the next support level at $108.65. Now, if the price goes above the second support level, the third support stands at $107.76.
DTE Energy Co. (NYSE: DTE) Key Stats
Market capitalization of the company is 22.79 billion based on 206,925K outstanding shares. Right now, sales total 12,745 M and income totals 1,397 M. The company made 3,394 M in profit during its latest quarter, and 419,000 K in sales during its previous quarter.
