Duke Energy Corporation (NYSE: DUK) is -1.98% lower on its value in year-to-date trading and has touched a low of $62.13 and a high of $103.79 in the current 52-week trading range. The DUK stock was last observed hovering at around $89.71 in the last trading session, with the day’s gains setting it 0.04% off its average median price target of $98.50 for the next 12 months. It is also 19.87% off the consensus price target high of $112.00 offered by 18 analysts, but current levels are -5.59% lower than the price target low of $85.00 for the same period.
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Currently trading at $89.75, the stock is -1.06% and -3.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.5 million and changing 0.04% at the moment leaves the stock 4.28% off its SMA200. DUK registered -1.20% loss for a year compared to 6-month gain of 11.05%. The firm has a 50-day simple moving average (SMA 50) of $91.83 and a 200-day simple moving average (SMA200) of $87.08.
The stock witnessed a -2.82% loss in the last 1 month and extending the period to 3 months gives it a -2.17%, and is -0.55% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.78% over the week and 1.77% over the month.
Duke Energy Corporation (DUK) has around 28793 employees, a market worth around $65.33B and $24.19B in sales. Current P/E ratio is 32.73 and Fwd P/E is 17.22. Profit margin for the company is 8.30%. Distance from 52-week low is 44.46% and -13.53% from its 52-week high. The company has generated returns on investments over the last 12 months (4.90%).
Duke Energy Corporation (DUK) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Duke Energy Corporation (DUK) is a “Overweight”. 18 analysts offering their recommendations for the stock have an average rating of 2.50, where 11 rate it as a Hold and 0 think it is a “Overweight”. 7 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Duke Energy Corporation is expected to release its quarterly report on 04/30/2021 and quarterly earnings per share for the current quarter are estimated at $1.06 with sales reaching $6.22B over the same period.The EPS is expected to grow by 35.20% this year, but quarterly earnings will post -1.10% year-over-year. Quarterly sales are estimated to grow 2.00% in year-over-year returns.
Duke Energy Corporation (DUK) Top Institutional Holders
1,866 institutions hold shares in Duke Energy Corporation (DUK), with 743.32k shares held by insiders accounting for 0.10% while institutional investors hold 64.71% of the company’s shares. The shares outstanding are 735.00M, and float is at 734.92M with Short Float at 0.78%. Institutions hold 64.65% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 62.45 million shares valued at $5.53 billion. The investor’s holdings represent 8.49% of the DUK Shares outstanding. As of Sep 29, 2020, the second largest holder is Blackrock Inc. with 51.58 million shares valued at $4.57 billion to account for 7.01% of the shares outstanding. The other top investors are State Street Corporation which holds 38.4 million shares representing 5.22% and valued at over $3.4 billion, while Wellington Management Company, LLP holds 4.00% of the shares totaling 29.45 million with a market value of $2.61 billion.
Duke Energy Corporation (DUK) Insider Activity
The most recent transaction is an insider sale by Jamil Dhiaa M., the company’s EVP & Chief Operating Officer. SEC filings show that Jamil Dhiaa M. sold 3,500 shares of the company’s common stock on Nov 20 at a price of $92.63 per share for a total of $0.32 million. Following the sale, the insider now owns 36786.0 shares.
Duke Energy Corporation disclosed in a document filed with the SEC on Jul 27 that YOUNG STEVEN K (EVP & CFO) sold a total of 254 shares of the company’s common stock. The trade occurred on Jul 27 and was made at $82.50 per share for $20955.0. Following the transaction, the insider now directly holds 86228.0 shares of the DUK stock.
Still, SEC filings show that on Jun 26, YOUNG STEVEN K (EVP & CFO) disposed off 265 shares at an average price of $79.35 for $21028.0. The insider now directly holds 86,482 shares of Duke Energy Corporation (DUK).
Duke Energy Corporation (DUK): Who are the competitors?
The company’s main competitors (and peers) include Ameren Corporation (AEE) that is trading -0.51% down over the past 12 months. Xcel Energy Inc. (XEL) is 3.88% up on the 1-year trading charts. Short interest in the company’s stock has fallen -514.69% from the last report on Nov 12, 2020 to stand at a total of 35.16 million short shares sold with a short interest ratio of 1.83.