DTE Energy Co. [NYSE: DTE] plunged by -$2.66 during the normal trading session on while it closed the day at $123.66.
DTE Energy Co. stock has also loss -0.59% of its value over the past 7 days. However, DTE stock has inclined by 7.96% in the 3 months of the year. Over the past six months meanwhile, it has gained 10.65% and gained 12.15% year-on date.
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The market cap for DTE stock reached $25.60 billion, with 206.36 million shares outstanding and 206.33 million shares in the current float. Compared to the average trading volume of 962.44K shares, DTE reached a trading volume of 2328343 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about DTE Energy Co. [DTE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DTE shares is $128.07 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DTE stock is a recommendation set at 1.95. 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.
Ladenburg Thalmann have made an estimate for DTE Energy Co. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 14, 2024. The new note on the price target was released on January 22, 2024, representing the official price target for DTE Energy Co. stock.
The Average True Range (ATR) for DTE Energy Co. is set at 2.01, with the Price to Sales ratio for DTE stock in the period of the last 12 months amounting to 2.11. The Price to Book ratio for the last quarter was 2.31, with the Price to Cash per share for the same quarter was set at 5.55.
DTE stock trade performance evaluation
DTE Energy Co. [DTE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.59. With this latest performance, DTE shares gained by 3.85% in over the last four-week period, additionally plugging by 10.65% over the last 6 months – not to mention a rise of 22.74% 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 DTE stock in for the last two-week period is set at 56.64, with the RSI for the last a single of trading hit 50.99, and the three-weeks RSI is set at 58.65 for DTE Energy Co. [DTE]. The present Moving Average for the last 50 days of trading for this stock 118.34, while it was recorded at 125.03 for the last single week of trading, and 111.69 for the last 200 days.
DTE Energy Co. [DTE]: An insightful look at the core fundamentals
DTE Energy Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.52 and a Current Ratio set at 0.69.
Earnings per share (EPS) analysis for DTE Energy Co. [DTE] stock
With the latest financial reports released by the company, DTE Energy Co. posted 1.44/share EPS, while the average EPS was predicted by analysts to be reported at 1.63/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.19. 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 DTE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for DTE Energy Co. go to 5.10%.
DTE Energy Co. [DTE]: Institutional Ownership
There are presently around $77.88%, or 78.13%% of DTE stock, in the hands of institutional investors. The top three institutional holders of DTE stocks are: VANGUARD GROUP INC with ownership of 25.49 million shares, which is approximately 12.3728%. CAPITAL RESEARCH GLOBAL INVESTORS, holding 21.67 million shares of the stock with an approximate value of $$2.41 billion in DTE stocks shares; and CAPITAL RESEARCH GLOBAL INVESTORS, currently with $$1.88 billion in DTE stock with ownership which is approximately 8.2008%.
