Duke Energy Corp. (NYSE: DUK) on Tuesday, plunged -0.01% from the previous trading day, before settling in for the closing price of $119.89. Within the past 52 weeks, DUK’s price has moved between $85.79 and $121.25.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Utilities sector was 3.69%. The company achieved an average annual earnings per share of 7.56%. With a float of $770.97 million, this company’s outstanding shares have now reached $771.00 million.
Considering the fact that the conglomerate employs 27037 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 44.07%, operating margin of 25.41%, and the pretax margin is 17.22%.
Duke Energy Corp. (DUK) Insider Activity
Observing investor behavior towards Utilities – Regulated Electric industry stocks is more important than anything else. The insider ownership of Duke Energy Corp. is 0.16%, while institutional ownership is 66.12%. The most recent insider transaction that took place on Aug 23 ’24, was worth 1,125,809. In this transaction EVP&CEO, Duke Energy Carolinas of this company sold 10,000 shares at a rate of $112.58, taking the stock ownership to the 58,657 shares. Before that another transaction happened on Aug 23 ’24, when Company’s Officer proposed sale 10,000 for $112.58, making the entire transaction worth $1,125,809.
Duke Energy Corp. (DUK) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.94 earnings per share (EPS) for the period topping the consensus outlook (set at 1.92) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.63 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.56% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.00% during the next five years compared to 7.61% growth over the previous five years of trading.
Duke Energy Corp. (NYSE: DUK) Trading Performance Indicators
Duke Energy Corp. (DUK) is currently performing well based on its current performance indicators. A quick ratio of 0.53 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 3.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.57, a number that is poised to hit 1.76 in the next quarter and is forecasted to reach 6.35 in one year’s time.
Technical Analysis of Duke Energy Corp. (DUK)
Compared to the last year’s volume of 3.05 million, its volume of 3.7 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 91.11%. Additionally, its Average True Range was 1.76.
During the past 100 days, Duke Energy Corp.’s (DUK) raw stochastic average was set at 93.78%, which indicates a significant increase from 87.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.25% in the past 14 days, which was higher than the 15.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $115.25, while its 200-day Moving Average is $103.37. Nevertheless, the first resistance level for the watch stands at $120.42 in the near term. At $120.96, the stock is likely to face the second major resistance level. The third major resistance level sits at $121.98. If the price goes on to break the first support level at $118.86, it is likely to go to the next support level at $117.84. Should the price break the second support level, the third support level stands at $117.30.
Duke Energy Corp. (NYSE: DUK) Key Stats
Market capitalization of the company is 92.57 billion based on 771,769K outstanding shares. Right now, sales total 29,060 M and income totals 2,841 M. The company made 7,172 M in profit during its latest quarter, and 900,000 K in sales during its previous quarter.
