Duke Energy Corp [NYSE: DUK] stock went on a downward path that fall over -0.34% on Thursday, amounting to a one-week price decrease of less than -0.91%.
Over the last 12 months, DUK stock rose by 24.26%. The one-year Duke Energy Corp stock forecast points to a potential upside of 6.36. The average equity rating for DUK stock is currently 2.15, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $89.17 billion, with 776.00 million shares outstanding and 774.95 million shares in the current float. Compared to the average trading volume of 3.41M shares, DUK stock reached a trading volume of 3629657 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Duke Energy Corp [DUK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DUK shares is $122.64 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 2.15. 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.
KeyBanc Capital Markets have made an estimate for Duke Energy Corp shares, keeping their opinion on the stock as Sector Weight, with their previous recommendation back on October 22, 2024. While these analysts kept the previous recommendation, Mizuho raised their target price from $116 to $121. The new note on the price target was released on October 15, 2024, representing the official price target for Duke Energy Corp stock. Previously, the target price had yet another raise to $138, while Jefferies analysts kept a Buy rating on DUK stock. On February 12, 2024, analysts decreased their price target for DUK shares from 105 to 96.
The Average True Range (ATR) for Duke Energy Corp is set at 2.08, with the Price to Sales ratio for DUK stock in the period of the last 12 months amounting to 2.94. The Price to Book ratio for the last quarter was 1.81, with the Price to Cash per share for the same quarter was set at 0.51. Price to Free Cash Flow for DUK in the course of the last twelve months was 1221.49 with Quick ratio for the last quarter at 0.44.
DUK Stock Performance Analysis:
Duke Energy Corp [DUK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.91. With this latest performance, DUK shares gained by 2.14% in over the last four-week period, additionally sinking by -0.82% over the last 6 months – not to mention a rise of 24.26% 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 51.71, with the RSI for the last a single of trading hit 48.16, and the three-weeks RSI is set at 52.89 for Duke Energy Corp [DUK]. The present Moving Average for the last 50 days of trading for this stock 111.58, while it was recorded at 116.53 for the last single week of trading, and 110.75 for the last 200 days.
Insight into Duke Energy Corp Fundamentals:
Duke Energy Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.44 and a Current Ratio set at 0.67.
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 Corp go to 6.71%.
Duke Energy Corp [DUK] Institutonal Ownership Details
The top three institutional holders of DUK stocks are: VANGUARD GROUP INC with ownership of 71.23 million shares, which is approximately 9.2383%. BLACKROCK INC., holding 58.48 million shares of the stock with an approximate value of $$5.86 billion in DUK stocks shares; and BLACKROCK INC., currently with $$3.83 billion in DUK stock with ownership which is approximately 4.9467%.
