DTE Energy Co [DTE] stock prices are down -2.63% to $117.53 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The DTE shares have lost -2.87% over the last week, with a monthly amount drifted -2.46%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
DTE Energy Co [NYSE: DTE] stock has seen the most recent analyst activity on December 04, 2024, when KeyBanc Capital Markets downgraded its rating to a Sector Weight. Previously, UBS upgraded its rating to Buy on December 03, 2024, and elevated its price target to $143. Ladenburg Thalmann started tracking the stock assigning a Buy rating and suggested a price target of $131 on August 14, 2024. Guggenheim downgraded its rating to a Neutral but $111 remained the price target by the analyst firm on January 22, 2024. Wolfe Research downgraded its rating to Peer Perform for this stock on January 16, 2024. In a note dated January 08, 2024, Seaport Research Partners downgraded an Neutral rating on this stock.
The stock price of DTE Energy Co [DTE] has been fluctuating between $102.17 and $131.66 over the past year. Currently, Wall Street analysts expect the stock to reach $137.29 within the next 12 months. DTE Energy Co [NYSE: DTE] shares were valued at $117.53 at the most recent close of the market. An investor can expect a potential return of 16.81% based on the average DTE price forecast.
Analyzing the DTE fundamentals
The DTE Energy Co [NYSE:DTE] reported sales of 12.14B for trailing twelve months, representing a drop of -0.28%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.14 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.12.
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 116.41 points at the first support level, and at 115.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 119.73, and for the 2nd resistance point, it is at 121.93.
Ratios To Look Out For
It’s worth pointing out that DTE Energy Co [NYSE:DTE]’s Current Ratio is 0.83. On the other hand, the Quick Ratio is 0.62, and the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 2.01, the price to book ratio is 2.10 and price to earnings (TTM) ratio is 15.92.
Transactions by insiders
Recent insider trading involved Lauer Trevor F, Vice Chairman & Group Pres., that happened on Jun 05 ’24 when 3500.0 shares were sold. VP, Corp Sec & Chief of Staff, Muschong Lisa A. completed a deal on Jun 03 ’24 to sell 1198.0 shares. Meanwhile, Pres & COO-DTE Vantage & Trad. Stiers Mark W sold 10000.0 shares on May 15 ’24.
