Let’s look at the key reasons that are pushing Duke Energy Corp (DUK) to new highs

Duke Energy Corp (NYSE: DUK) kicked off on Monday, down -1.31% from the previous trading day, before settling in for the closing price of $107.78. Over the past 52 weeks, DUK has traded in a range of $90.09-$121.25.

During the last 5-year period, the sales growth of Utilities Sector giant was 4.05%. While this was happening, its average annual earnings per share was recorded 6.77%. With a float of $771.26 million, this company’s outstanding shares have now reached $772.00 million.

Let’s determine the extent of company efficiency that accounts for 27037 employees. In terms of profitability, gross margin is 48.81%, operating margin of 25.39%, and the pretax margin is 16.93%.

Duke Energy Corp (DUK) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Electric Industry. The insider ownership of Duke Energy Corp is 0.16%, while institutional ownership is 66.73%. The most recent insider transaction that took place on Nov 15 ’24, was worth 44,592. In this transaction EVP, Chief Corporate Affairs of this company sold 400 shares at a rate of $111.48, taking the stock ownership to the 19,484 shares. Before that another transaction happened on Nov 15 ’24, when Company’s EVP & CEO DEF & Midwest sold 15,002 for $109.74, making the entire transaction worth $1,646,245. This insider now owns 9,987 shares in total.

Duke Energy Corp (DUK) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 6.77% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.25% 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

Take a look at Duke Energy Corp’s (DUK) current performance indicators. Last quarter, stock had a quick ratio of 0.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.72.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.56, a number that is poised to hit 1.68 in the next quarter and is forecasted to reach 6.34 in one year’s time.

Technical Analysis of Duke Energy Corp (DUK)

Looking closely at Duke Energy Corp (NYSE: DUK), its last 5-days average volume was 2.95 million, which is a drop from its year-to-date volume of 3.17 million. As of the previous 9 days, the stock’s Stochastic %D was 41.38%. Additionally, its Average True Range was 1.58.

During the past 100 days, Duke Energy Corp’s (DUK) raw stochastic average was set at 4.74%, which indicates a significant decrease from 20.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.94% in the past 14 days, which was lower than the 16.06% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $111.93, while its 200-day Moving Average is $107.84. However, in the short run, Duke Energy Corp’s stock first resistance to watch stands at $107.23. Second resistance stands at $108.08. The third major resistance level sits at $108.75. If the price goes on to break the first support level at $105.71, it is likely to go to the next support level at $105.04. Now, if the price goes above the second support level, the third support stands at $104.19.

Duke Energy Corp (NYSE: DUK) Key Stats

The company with the Market Capitalisation of 82.14 billion has total of 772,482K Shares Outstanding. Its annual sales at the moment are 29,060 M in contrast with the sum of 2,841 M annual income. Company’s last quarter sales were recorded 8,154 M and last quarter income was 1,281 M.