After finishing at $90.16 in the prior trading day, Duke Energy Corporation (NYSE: DUK) closed at $88.89, down -1.41%. In other words, the price has decreased by -$1.27 from its previous closing price. On the day, 3390147 shares were traded. DUK stock price reached its highest trading level at $90.01 during the session, while it also had its lowest trading level at $88.23.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
Our goal is to gain a better understanding of DUK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.80. In the meantime, Its Debt-to-Equity ratio is 1.61 whereas as Long-Term Debt/Eq ratio is at 1.46.
Upgrades & Downgrades
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 13 when Renjel Louis E. sold 1,900 shares for $99.90 per share. The transaction valued at 189,812 led to the insider holds 9,967 shares of the business.
YOUNG STEVEN K sold 415 shares of DUK for $41,849 on Dec 01. The EVP & CCO now owns 111,997 shares after completing the transaction at $100.84 per share. On Nov 10, another insider, Jamil Dhiaa M., who serves as the EVP & Chief Operating Officer of the company, sold 900 shares for $95.01 each. As a result, the insider received 85,510 and left with 58,057 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DUK now has a Market Capitalization of 75.01B and an Enterprise Value of 152.60B. As of this moment, Duke’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.45, and their Forward P/E ratio for the next fiscal year is 14.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.38 while its Price-to-Book (P/B) ratio in mrq is 1.45. Its current Enterprise Value per Revenue stands at 5.26 whereas that against EBITDA is 11.96.
Stock Price History:
Over the past 52 weeks, DUK has reached a high of $114.50, while it has fallen to a 52-week low of $83.76. The 50-Day Moving Average of the stock is 96.53, while the 200-Day Moving Average is calculated to be 99.13.
The stock has traded on average 3.01M shares per day over the past 3-months and 2.74M shares per day over the last 10 days, according to various share statistics. A total of 770.00M shares are outstanding, with a floating share count of 769.27M. Insiders hold about 0.12% of the company’s shares, while institutions hold 64.40% stake in the company. Shares short for DUK as of Apr 27, 2023 were 7.79M with a Short Ratio of 7.98M, compared to 6.3M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.01% and a Short% of Float of 1.01%.
Dividends & Splits
In the trailing 12 months, DUK’s forward annual dividend rate was 4.00, compared to 4.02 this year. Against a Trailing Annual Dividend Yield of 4.44%, it implies a Forward Annual Dividend Yield of 4.37%. The stock’s 5-year Average Dividend Yield is 4.09. The current Payout Ratio is 161.20% for DUK, which recently paid a dividend on Jun 15, 2023 with an ex-dividend date of May 10, 2023. Stock splits for the company last occurred on Jul 02, 2012 when the company split stock in a 1:3 ratio.
Its stock is currently analyzed by 5 different market analysts. On average, analysts expect EPS of $1.2 for the current quarter, with a high estimate of $1.25 and a low estimate of $1.14, while EPS last year was $1.14. The consensus estimate for the next quarter is $1.94, with high estimates of $1.99 and low estimates of $1.89.
Analysts are recommending an EPS of between $5.67 and $5.58 for the fiscal current year, implying an average EPS of $5.64. EPS for the following year is $5.99, with 10 analysts recommending between $6.05 and $5.92.
3 analysts predict $6.54B in revenue for the current quarter. It ranges from a high estimate of $6.93B to a low estimate of $5.96B. As of the current estimate, Duke Energy Corporation’s year-ago sales were $6.68B, an estimated decrease of -2.20% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $7.74B, an increase of 4.80% over than the figure of -$2.20% in the same quarter last year. There is a high estimate of $8.13B for the next quarter, whereas the lowest estimate is $7.04B.
A total of 5 analysts have provided revenue estimates for DUK’s current fiscal year. The highest revenue estimate was $30.74B, while the lowest revenue estimate was $26.97B, resulting in an average revenue estimate of $28.97B. In the same quarter a year ago, actual revenue was $28.77B, up 0.70% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $29.66B in the next fiscal year. The high estimate is $31.72B and the low estimate is $27.95B. The average revenue growth estimate for next year is up 2.40% from the average revenue estimate for this year.