DTE Energy Co (NYSE: DTE) kicked off on Tuesday, down -0.21% from the previous trading day, before settling in for the closing price of $120.90. Over the past 52 weeks, DTE has traded in a range of $102.78-$131.66.
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During the last 5-year period, the sales growth of Utilities Sector giant was 3.67%. While this was happening, its average annual earnings per share was recorded 17.81%. With a float of $206.41 million, this company’s outstanding shares have now reached $207.10 million.
Let’s determine the extent of company efficiency that accounts for 9950 employees. 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) 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 DTE Energy Co is 0.33%, while institutional ownership is 77.61%. 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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.93 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 17.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.58% 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 2.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.38, a number that is poised to hit 1.44 in the next quarter and is forecasted to reach 7.20 in one year’s time.
Technical Analysis of DTE Energy Co (DTE)
Looking closely at DTE Energy Co (NYSE: DTE), its last 5-days average volume was 1.22 million, which is a jump from its year-to-date volume of 1.09 million. As of the previous 9 days, the stock’s Stochastic %D was 59.24%. Additionally, its Average True Range was 2.47.
During the past 100 days, DTE Energy Co’s (DTE) raw stochastic average was set at 31.48%, which indicates a significant decrease from 46.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.19% in the past 14 days, which was higher than the 17.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $121.29, while its 200-day Moving Average is $119.50. However, in the short run, DTE Energy Co’s stock first resistance to watch stands at $121.52. Second resistance stands at $122.39. The third major resistance level sits at $123.65. If the price goes on to break the first support level at $119.39, it is likely to go to the next support level at $118.13. Now, if the price goes above the second support level, the third support stands at $117.26.
DTE Energy Co (NYSE: DTE) Key Stats
The company with the Market Capitalisation of 24.99 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.