At the time of writing, Duke Energy Corp [DUK] stock is trading at $113.54, up 1.22%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DUK shares have gain 0.96% over the last week, with a monthly amount drifted -5.98%, and not 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 22, 2024, when KeyBanc Capital Markets downgraded its rating to a Sector Weight. Previously, Mizuho upgraded its rating to Outperform on October 15, 2024, and elevated its price target to $121. On September 20, 2024, Jefferies initiated with a Buy rating and assigned a price target of $138 on the stock. BofA Securities downgraded its rating to a Neutral and decreased its price target to $96 on February 12, 2024. Evercore ISI upgraded its rating to a Outperform and raised its price target to $108 on January 23, 2024. RBC Capital Mkts upgraded its rating to Outperform for this stock on January 10, 2024, and upped its price target to $113. In a note dated November 30, 2023, Wells Fargo upgraded an Overweight rating on this stock and boosted its target price from $94 to $103.
For the past year, the stock price of Duke Energy Corp fluctuated between $88.27 and $121.25. Currently, Wall Street analysts expect the stock to reach $114.4 within the next 12 months. Duke Energy Corp [NYSE: DUK] shares were valued at $113.54 at the most recent close of the market. An investor can expect a potential return of 0.76% based on the average DUK price forecast.
Analyzing the DUK fundamentals
According to Duke Energy Corp [NYSE:DUK], the company’s sales were 30.21B for trailing twelve months, which represents an 2.00% jump. Gross Profit Margin for this corporation currently stands at 0.49% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.71.
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 112.25 points at the first support level, and at 110.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 114.26, and for the 2nd resistance point, it is at 114.97.
Ratios To Look Out For
It is important to note that Duke Energy Corp [NYSE:DUK] has a current ratio of 0.70. Further, the Quick Ratio stands at 0.45, while the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 2.94, the price to book ratio is 1.82 and price to earnings (TTM) ratio is 20.44.
Transactions by insiders
Recent insider trading involved Renjel Louis E., EVP, Chief Corporate Affairs, that happened on Nov 15 ’24 when 400.0 shares were sold. EVP & CEO DEF & Midwest, Glenn Robert Alexander completed a deal on Nov 15 ’24 to sell 15002.0 shares. Meanwhile, Officer Renjel Louis E. bought 400.0 shares on Nov 15 ’24.
