DTE Energy Co (NYSE: DTE) kicked off on Tuesday, up 1.48% from the previous trading day, before settling in for the closing price of $121.63. Over the past 52 weeks, DTE has traded in a range of $97.31-$131.66.
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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%. While this was happening, its average annual earnings per share was recorded 17.62%. With a float of $206.41 million, this company’s outstanding shares have now reached $207.10 million.
Considering the fact that the conglomerate employs 9950 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 27.94%, operating margin of 16.91%, and the pretax margin is 12.39%.
DTE Energy Co (DTE) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Electric Industry. The insider ownership of DTE Energy Co is 0.33%, while institutional ownership is 77.55%. The most recent insider transaction that took place on Jun 05 ’24, was worth 402,738. In this transaction Vice Chairman & Group Pres. of this company sold 3,500 shares at a rate of $115.07, taking the stock ownership to the 59,475 shares. Before that another transaction happened on Jun 03 ’24, when Company’s VP, Corp Sec & Chief of Staff sold 1,198 for $116.61, making the entire transaction worth $139,701. This insider now owns 4,271 shares in total.
DTE Energy Co (DTE) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.97 earnings per share (EPS), higher than consensus estimate (set at 1.96) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 17.62% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.00% 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
Take a look at DTE Energy Co’s (DTE) current performance indicators. Last quarter, stock had a quick ratio of 0.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.38, a number that is poised to hit 1.65 in the next quarter and is forecasted to reach 7.20 in one year’s time.
Technical Analysis of DTE Energy Co (DTE)
Compared to the last year’s volume of 1.07 million, its volume of 0.91 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 13.90%. Additionally, its Average True Range was 2.02.
During the past 100 days, DTE Energy Co’s (DTE) raw stochastic average was set at 64.60%, which indicates a significant increase from 27.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.03% in the past 14 days, which was higher than the 17.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $125.75, while its 200-day Moving Average is $115.51. Nevertheless, the first resistance level for the watch stands at $124.17 in the near term. At $124.91, the stock is likely to face the second major resistance level. The third major resistance level sits at $126.29. If the price goes on to break the first support level at $122.05, it is likely to go to the next support level at $120.67. Should the price break the second support level, the third support level stands at $119.93.
DTE Energy Co (NYSE: DTE) Key Stats
The company with the Market Capitalisation of 25.56 billion has total of 207,101K Shares Outstanding. Its annual sales at the moment are 12,745 M in contrast with the sum of 1,397 M annual income. Company’s last quarter sales were recorded 2,906 M and last quarter income was 477,000 K.
