Duke Energy Corp. (NYSE: DUK) is 19.77% higher on its value in year-to-date trading and has touched a low of $83.06 and a high of $118.31 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DUK stock was last observed hovering at around $115.30 in the last trading session, with the day’s gains setting it 0.92%.
Currently trading at $116.22, the stock is -0.14% and 2.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.72 million and changing 0.80% at the moment leaves the stock 14.08% off its SMA200. DUK registered 31.68% gain for a year compared to 6-month gain of 20.39%. The firm has a 50-day simple moving average (SMA 50) of $113.6978 and a 200-day simple moving average (SMA200) of $101.9642.
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The stock witnessed a 1.99% loss in the last 1 month and extending the period to 3 months gives it a 16.44%, and is 0.21% up 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 1.38% over the week and 1.30% over the month.
Duke Energy Corp. (DUK) has around 27037 employees, a market worth around $89.75B and $30.05B in sales. Current P/E ratio is 20.88 and Fwd P/E is 18.33. Profit margin for the company is 14.28%. Distance from 52-week low is 39.92% and -1.77% from its 52-week high. The company has generated returns on investments over the last 12 months (3.38%).
with sales reaching $8.17B over the same period.The EPS is expected to grow by 7.50% this year, but quarterly earnings will post 3.70% year-over-year.
Duke Energy Corp. (DUK) Top Institutional Holders
2352.0 institutions hold shares in Duke Energy Corp. (DUK), with institutional investors hold 66.61% of the company’s shares. The shares outstanding are 771.00M, and float is at 770.97M with Short Float at 1.51%. Institutions hold 66.52% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 71.23 million shares valued at $7.14 billion. The investor’s holdings represent 9.2383% of the DUK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 58.48 million shares valued at $5.86 billion to account for 7.5852 of the shares outstanding. The other top investors are STATE STREET CORP which holds 38.19 million shares representing 4.9532% and valued at over $3.83 billion, while WELLINGTON MANAGEMENT GROUP LLP holds 2.5299 of the shares totaling 19.51 million with a market value of $1.96 billion.
Duke Energy Corp. (DUK) Insider Activity
The most recent transaction is an insider sale by JANSON JULIA S, the company’s EVP&CEO, Duke Energy Carolinas. SEC filings show that JANSON JULIA S sold 10,000 shares of the company’s common stock on Aug 23 ’24 at a price of $112.58 per share for a total of $1.13 million. Following the sale, the insider now owns 58657.0 shares.
Still, SEC filings show that on Aug 08 ’24, Renjel Louis E. (EVP, Chief Corporate Affairs) disposed off 540 shares at an average price of $113.64 for $61366.0. The insider now directly holds 19,884 shares of Duke Energy Corp. (DUK).
