Duke Energy Corporation [NYSE: DUK] stock went on an upward path that rose over 1.68% on Thursday, amounting to a one-week price increase of more than 10.26%.
Over the last 12 months, DUK stock dropped by -4.92%. The one-year Duke Energy Corporation stock forecast points to a potential upside of 2.43. The average equity rating for DUK stock is currently 2.40, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $65.58 billion, with 735.00 million shares outstanding and 734.65 million shares in the current float. Compared to the average trading volume of 3.56M shares, DUK stock reached a trading volume of 6233844 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Duke Energy Corporation [DUK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DUK shares is $92.29 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DUK stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Scotiabank have made an estimate for Duke Energy Corporation shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on October 01, 2020. While these analysts kept the previous recommendation, BofA Securities dropped their target price from $87 to $85. The new note on the price target was released on September 09, 2020, representing the official price target for Duke Energy Corporation stock.
The Average True Range (ATR) for Duke Energy Corporation is set at 2.13, with the Price to Sales ratio for DUK stock in the period of the last 12 months amounting to 2.69. The Price to Book ratio for the last quarter was 1.52, with the Price to Cash per share for the same quarter was set at 0.47.
DUK Stock Performance Analysis:
Duke Energy Corporation [DUK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.26. With this latest performance, DUK shares gained by 13.69% in over the last four-week period, additionally plugging by 13.43% over the last 6 months – not to mention a drop of -4.92% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DUK stock in for the last two-week period is set at 71.89, with the RSI for the last a single of trading hit 79.46, and the three-weeks RSI is set at 67.23 for Duke Energy Corporation [DUK]. The present Moving Average for the last 50 days of trading for this stock 82.88, while it was recorded at 85.27 for the last single week of trading, and 86.44 for the last 200 days.
Insight into Duke Energy Corporation Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Duke Energy Corporation [DUK] shares currently have an operating margin of +22.81 and a Gross Margin at +28.02. Duke Energy Corporation’s Net Margin is presently recorded at +14.97.
Return on Total Capital for DUK is now 5.38, given the latest momentum, and Return on Invested Capital for the company is 3.79. Return on Equity for this stock inclined to 8.29, with Return on Assets sitting at 2.39. When it comes to the capital structure of this company, Duke Energy Corporation [DUK] has a Total Debt to Total Equity ratio set at 134.34. Additionally, DUK Total Debt to Total Capital is recorded at 57.33, with Total Debt to Total Assets ending up at 38.46. Long-Term Debt to Equity for the company is recorded at 125.76, with the Long-Term Debt to Total Capital now at 51.42.
Reflecting on the efficiency of the workforce at the company, Duke Energy Corporation [DUK] managed to generate an average of $130,414 per employee. Receivables Turnover for the company is 6.89 with a Total Asset Turnover recorded at a value of 0.16.Duke Energy Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 0.60.
DUK Stock EPS
With the latest financial reports released by the company, Duke Energy Corporation posted 1.79/share EPS, while the average EPS was predicted by analysts to be reported at 1.67/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 7.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DUK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Duke Energy Corporation go to 2.80%.
Duke Energy Corporation [DUK] Insider Position Details
There are presently around $42,273 million, or 64.90% of DUK stock, in the hands of institutional investors. The top three institutional holders of DUK stocks are: VANGUARD GROUP INC with ownership of 63,331,530, which is approximately -0.694% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 52,278,606 shares of the stock with an approximate value of $4.71 billion in DUK stocks shares; and STATE STREET CORP, currently with $3.59 billion in DUK stock with ownership of nearly -1.892% of the company’s market capitalization.
Positions in Duke Energy Corporation stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 714 institutional holders increased their position in Duke Energy Corporation [NYSE:DUK] by around 26,186,636 shares. Additionally, 687 investors decreased positions by around 28,182,315 shares, while 214 investors held positions by with 415,074,239 shares. The mentioned changes placed institutional holdings at 469,443,190 shares, according to the latest SEC report filing. DUK stock had 117 new institutional investments in for a total of 2,617,507 shares, while 102 institutional investors sold positions of 2,080,477 shares during the same period.