A new trading day began on Tuesday, with DTE Energy Co (NYSE: DTE) stock price up 0.22% from the previous day of trading, before settling in for the closing price of $125.18. DTE’s price has ranged from $102.17 to $131.66 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Utilities sector saw sales topped by 0.69%. Meanwhile, its annual earnings per share averaged 17.63%. With a float of $206.41 million, this company’s outstanding shares have now reached $207.10 million.
The extent of productivity of a business whose workforce counts for 9950 workers is very important to gauge. 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 Updates
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 DTE Energy Co is 0.33%, while institutional ownership is 77.40%. 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) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 1.97 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.89 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 17.63% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.35% 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
Here are DTE Energy Co’s current performance indicators. According to the last quarter’s results, the 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 2.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.38, a number that is poised to hit 1.59 in the next quarter and is forecasted to reach 7.20 in one year’s time.
Technical Analysis of DTE Energy Co (DTE)
The latest stats from [DTE Energy Co, DTE] show that its last 5-days average volume of 1.4 million was superior to 1.12 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 95.19%. Additionally, its Average True Range was 1.93.
During the past 100 days, DTE Energy Co’s (DTE) raw stochastic average was set at 73.29%, which indicates a significant decrease from 98.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.29% in the past 14 days, which was higher than the 17.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $124.64, while its 200-day Moving Average is $116.76. Now, the first resistance to watch is $125.84. This is followed by the second major resistance level at $126.24. The third major resistance level sits at $126.84. If the price goes on to break the first support level at $124.84, it is likely to go to the next support level at $124.24. Assuming the price breaks the second support level, the third support level stands at $123.84.
DTE Energy Co (NYSE: DTE) Key Stats
With a market capitalization of 25.98 billion, the company has a total of 207,101K Shares Outstanding. Currently, annual sales are 12,745 M while annual income is 1,397 M. The company’s previous quarter sales were 2,906 M while its latest quarter income was 477,000 K.
