Duke Energy Corp. (DUK) Shares on the Decline: Short-term Analysis

Duke Energy Corp. [DUK] stock prices are down -0.79% to $115.76 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DUK shares have gain 0.51% over the last week, with a monthly amount drifted -1.11%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Duke Energy Corp. [NYSE: DUK] stock has seen the most recent analyst activity on September 20, 2024, when Jefferies initiated its Buy rating and assigned the stock a price target of $138. Previously, BofA Securities downgraded its rating to Neutral on February 12, 2024, and dropped its price target to $96. On January 23, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $108 on the stock. RBC Capital Mkts upgraded its rating to a Outperform and increased its price target to $113 on January 10, 2024. Wells Fargo upgraded its rating to a Overweight and raised its price target to $103 on November 30, 2023. Barclays started tracking with a Overweight rating for this stock on August 23, 2023, and assigned it a price target of $96. In a note dated June 08, 2023, Goldman initiated an Neutral rating and provided a target price of $99 on this stock.

The stock price of Duke Energy Corp. [DUK] has been fluctuating between $83.06 and $118.31 over the past year. Currently, Wall Street analysts expect the stock to reach $114.1 within the next 12 months. Duke Energy Corp. [NYSE: DUK] shares were valued at $115.76 at the most recent close of the market. An investor can expect a potential drop of -1.43% based on the average DUK price forecast.

Analyzing the DUK fundamentals

The Duke Energy Corp. [NYSE:DUK] reported sales of 30.05B for trailing twelve months, representing a surge of 9.03%. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.09 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.68.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 115.13 points at the first support level, and at 114.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 116.74, and for the 2nd resistance point, it is at 117.73.

Ratios To Look Out For

It’s worth pointing out that Duke Energy Corp. [NYSE:DUK]’s Current Ratio is 0.81. Also, the Quick Ratio is 0.53, while the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 2.97, the price to book ratio is 1.87 and price to earnings (TTM) ratio is 20.80.

Transactions by insiders

Recent insider trading involved JANSON JULIA S, EVP&CEO, Duke Energy Carolinas, that happened on Aug 23 ’24 when 10000.0 shares were sold. Officer, JANSON JULIA S completed a deal on Aug 23 ’24 to buy 10000.0 shares. Meanwhile, EVP, Chief Corporate Affairs Renjel Louis E. sold 540.0 shares on Aug 08 ’24.

Related Posts