A new trading day began on Friday, with Duke Energy Corp. (NYSE: DUK) stock price down -1.52% from the previous day of trading, before settling in for the closing price of $119.02. DUK’s price has ranged from $86.61 to $121.25 over the past 52 weeks.
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Annual sales at Utilities sector company grew by 3.69% over the past five years. Meanwhile, its annual earnings per share averaged 7.57%. With a float of $770.97 million, this company’s outstanding shares have now reached $771.00 million.
Let’s look at the performance matrix of the company that is accounted for 27037 employees. 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 and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Regulated Electric Industry. The insider ownership of Duke Energy Corp. is 0.16%, while institutional ownership is 66.14%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 7.57% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.13% 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
Here are Duke Energy Corp.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.57, a number that is poised to hit 1.74 in the next quarter and is forecasted to reach 6.35 in one year’s time.
Technical Analysis of Duke Energy Corp. (DUK)
Duke Energy Corp. (NYSE: DUK) saw its 5-day average volume 2.51 million, a negative change from its year-to-date volume of 3.04 million. As of the previous 9 days, the stock’s Stochastic %D was 62.55%. Additionally, its Average True Range was 1.78.
During the past 100 days, Duke Energy Corp.’s (DUK) raw stochastic average was set at 81.67%, which indicates a significant increase from 63.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.37% in the past 14 days, which was higher than the 15.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $115.58, while its 200-day Moving Average is $103.66. Nevertheless, the first resistance level for the watch stands at $118.76 in the near term. At $120.30, the stock is likely to face the second major resistance level. The third major resistance level sits at $121.08. If the price goes on to break the first support level at $116.44, it is likely to go to the next support level at $115.66. The third support level lies at $114.12 if the price breaches the second support level.
Duke Energy Corp. (NYSE: DUK) Key Stats
With a market capitalization of 90.51 billion, the company has a total of 771,769K Shares Outstanding. Currently, annual sales are 29,060 M while annual income is 2,841 M. The company’s previous quarter sales were 7,172 M while its latest quarter income was 900,000 K.
