Duke Energy Corp (NYSE: DUK) is 3.76% higher on its value in year-to-date trading and has touched a low of $90.09 and a high of $121.25 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 $110.89 in the last trading session, with the day’s gains setting it 0.9%.
Currently trading at $111.79, the stock is -0.75% and 1.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.86 million and changing 0.81% at the moment leaves the stock 1.65% off its SMA200. DUK registered 21.04% gain for a year compared to 6-month loss of -0.45%.
The stock witnessed a 2.32% gain in the last 1 month and extending the period to 3 months gives it a 1.00%, and is -4.20% 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 1.82% over the week and 1.69% over the month.
Duke Energy Corp (DUK) has around 27037 employees, a market worth around $86.75B and $30.36B in sales. Current P/E ratio is 19.71 and Fwd P/E is 16.63. Profit margin for the company is 14.43%. Distance from 52-week low is 24.09% and -7.80% from its 52-week high. The company has generated returns on investments over the last 12 months (3.44%).
with sales reaching $7.73B over the same period.The EPS is expected to grow by 7.20% this year, but quarterly earnings will post 3.97% year-over-year. Quarterly sales are estimated to grow 0.83% in year-over-year returns.
The shares outstanding are 776.00M, and float is at 770.75M with Short Float at 1.13%.
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 4.9467 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
Duke Energy Corp disclosed in a document filed with the SEC on Nov 15 ’24 that Renjel Louis E. (EVP, Chief Corporate Affairs) sold a total of 400 shares of the company’s common stock. The trade occurred on Nov 15 ’24 and was made at $111.48 per share for $44592.0. Following the transaction, the insider now directly holds 19484.0 shares of the DUK stock.
Still, SEC filings show that on Nov 15 ’24, Glenn Robert Alexander (EVP & CEO DEF & Midwest) disposed off 15,002 shares at an average price of $109.74 for $1.65 million. The insider now directly holds 9,987 shares of Duke Energy Corp (DUK).
