Detailed Review Of Prospects For DTE Energy Co Stock

A share price of DTE Energy Co [DTE] is currently trading at $122.69, up 1.69%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DTE shares have gain 4.33% over the last week, with a monthly amount glided 0.91%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

DTE Energy Co [NYSE: DTE] stock has seen the most recent analyst activity on January 23, 2025, when Guggenheim upgraded its rating to a Buy. Previously, KeyBanc Capital Markets downgraded its rating to Sector Weight on December 04, 2024. On December 03, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $143 on the stock. Ladenburg Thalmann initiated its recommendation with a Buy and recommended $131 as its price target on August 14, 2024. Guggenheim downgraded its rating to Neutral for this stock on January 22, 2024, but kept the price target unchanged to $111. In a note dated January 16, 2024, Wolfe Research downgraded an Peer Perform rating on this stock.

DTE Energy Co experienced fluctuations in its stock price throughout the past year between $102.78 and $131.66. 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 $122.69 at the most recent close of the market. An investor can expect a potential return of 11.9% based on the average DTE price forecast.

Analyzing the DTE fundamentals

Trailing Twelve Months sales for DTE Energy Co [NYSE:DTE] were 12.14B which represents -0.28% decline. 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 of2.14.

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 121.51 points at the first support level, and at 120.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 123.56, and for the 2nd resistance point, it is at 124.42.

Ratios To Look Out For

To put it in perspective, the Current Ratio for DTE Energy Co [NYSE:DTE] is 0.83. In addition, the Quick Ratio stands at 0.62 and the Cash Ratio stands at 0.14. Considering the valuation of this stock, the price to sales ratio is 2.09, the price to book ratio is 2.19 and price to earnings (TTM) ratio is 16.62.

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.

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