Market Analysts see Duke Energy Corporation [DUK] gaining to $125. Time to buy?

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Duke Energy Corporation [NYSE: DUK] price surged by 0.63 percent to reach at $0.71. The company report on April 28, 2022 that Duke Energy Florida recognized as a ‘Tree Line USA’ utility for 16th consecutive year; more than 10,900 free trees given away since 2017.

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Recognition cites quality tree care, including proper pruning, training in accordance to industry standards.

A sum of 2733732 shares traded at recent session while its average daily volume was at 2.90M shares. Duke Energy Corporation shares reached a high of $114.70 and dropped to a low of $112.60 until finishing in the latest session at $113.80.

The one-year DUK stock forecast points to a potential upside of 0.43. The average equity rating for DUK stock is currently 2.60, trading closer to a bullish pattern in the stock market.

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 $114.29 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 2.60. 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.

Credit Suisse have made an estimate for Duke Energy Corporation shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 26, 2022. While these analysts kept the previous recommendation, Citigroup raised their target price to Buy. The new note on the price target was released on March 22, 2022, representing the official price target for Duke Energy Corporation stock. Previously, the target price had yet another raise from $108 to $110, while BofA Securities kept a Buy rating on DUK stock.

The Average True Range (ATR) for Duke Energy Corporation is set at 1.93, with the Price to Sales ratio for DUK stock in the period of the last 12 months amounting to 3.53. The Price to Book ratio for the last quarter was 1.85.

DUK Stock Performance Analysis:

Duke Energy Corporation [DUK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.28. With this latest performance, DUK shares gained by 2.55% in over the last four-week period, additionally plugging by 10.74% over the last 6 months – not to mention a rise of 14.31% 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 58.23, with the RSI for the last a single of trading hit 53.06, and the three-weeks RSI is set at 60.25 for Duke Energy Corporation [DUK]. The present Moving Average for the last 50 days of trading for this stock 108.23, while it was recorded at 113.69 for the last single week of trading, and 104.08 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 +22.78 and a Gross Margin at +28.31. Duke Energy Corporation’s Net Margin is presently recorded at +15.54.

Return on Equity for this stock inclined to 8.02, with Return on Assets sitting at 2.28.

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

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 5.95%.

Duke Energy Corporation [DUK] Insider Position Details

There are presently around $54,889 million, or 63.50% of DUK stock, in the hands of institutional investors. The top three institutional holders of DUK stocks are: VANGUARD GROUP INC with ownership of 66,738,560, which is approximately 0.767% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 53,412,420 shares of the stock with an approximate value of $6.08 billion in DUK stocks shares; and STATE STREET CORP, currently with $4.48 billion in DUK stock with ownership of nearly 0.823% of the company’s market capitalization.

984 institutional holders increased their position in Duke Energy Corporation [NYSE:DUK] by around 20,180,674 shares. Additionally, 648 investors decreased positions by around 19,058,563 shares, while 244 investors held positions by with 443,092,941 shares. The mentioned changes placed institutional holdings at 482,332,178 shares, according to the latest SEC report filing. DUK stock had 197 new institutional investments in for a total of 2,873,837 shares, while 80 institutional investors sold positions of 1,338,037 shares during the same period.