Stock of Duke Energy Corp. (DUK) performance and profitability takes another direction

Duke Energy Corp. [DUK] stock prices are down -0.72% to $119.89 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DUK shares have gain 4.17% over the last week, with a monthly amount glided 3.02%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Duke Energy Corp. [NYSE: DUK] stock has seen the most recent analyst activity on October 15, 2024, when Mizuho upgraded its rating to a Outperform and also boosted its price target to $121 from $116. Previously, Jefferies started tracking the stock with Buy rating on September 20, 2024, and set its price target to $138. On February 12, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $96 on the stock. Evercore ISI upgraded its rating to a Outperform and increased its price target to $108 on January 23, 2024. RBC Capital Mkts upgraded its rating to a Outperform and raised its price target to $113 on January 10, 2024. Wells Fargo upgraded its rating to Overweight for this stock on November 30, 2023, and upped its price target to $103. In a note dated August 23, 2023, Barclays initiated an Overweight rating and provided a target price of $96 on this stock.

The stock price of Duke Energy Corp. [DUK] has been fluctuating between $85.79 and $120.85 over the past year. Currently, Wall Street analysts expect the stock to reach $114.6 within the next 12 months. Duke Energy Corp. [NYSE: DUK] shares were valued at $119.89 at the most recent close of the market. An investor can expect a potential drop of -4.41% 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 119.29 points at the first support level, and at 118.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 120.87, and for the 2nd resistance point, it is at 121.85.

Ratios To Look Out For

It’s worth pointing out that Duke Energy Corp. [NYSE:DUK]’s Current Ratio is 0.81. In addition, the Quick Ratio stands at 0.53 and the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 3.08, the price to book ratio is 1.94 and price to earnings (TTM) ratio is 21.54.

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.

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