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As of close of business last night, Duke Energy Corp.’s stock clocked out at $107.56, down -0.96% from its previous closing price of $108.60. In other words, the price has decreased by -$0.96 from its previous closing price. On the day, 3.04 million shares were traded. DUK stock price reached its highest trading level at $110.02 during the session, while it also had its lowest trading level at $106.95.
Ratios:
To gain a deeper understanding of DUK’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.78. In the meantime, Its Debt-to-Equity ratio is 1.66 whereas as Long-Term Debt/Eq ratio is at 1.53.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on February 12, 2024, Downgraded its rating to Neutral and sets its target price to $96 from $105 previously.
On January 23, 2024, Evercore ISI Upgraded its rating to Outperform which previously was In-line and also upped its target price recommendation from $90 to $108.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on January 10, 2024, whereas the target price for the stock was revised from $101 to $113.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 15 ’24 when GOOD LYNN J sold 15,000 shares for $103.30 per share. The transaction valued at 1,549,500 led to the insider holds 437,464 shares of the business.
MCKEE E MARIE sold 1,695 shares of DUK for $173,415 on May 14 ’24. The Director now owns 4 shares after completing the transaction at $102.31 per share. On May 09 ’24, another insider, JANSON JULIA S, who serves as the EVP ExtAffairs&PresCarolinas of the company, sold 10,000 shares for $102.79 each. As a result, the insider received 1,027,908 and left with 68,657 shares of the company.
Valuation Measures:
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 83011477504 and an Enterprise Value of 167924432896. As of this moment, Duke’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.02, and their Forward P/E ratio for the next fiscal year is 17.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.82 while its Price-to-Book (P/B) ratio in mrq is 1.74. Its current Enterprise Value per Revenue stands at 5.791 whereas that against EBITDA is 12.207.
Stock Price History:
The Beta on a monthly basis for DUK is 0.43, which has changed by 0.15234625 over the last 52 weeks, in comparison to a change of 0.17829525 over the same period for the S&P500. Over the past 52 weeks, DUK has reached a high of $108.92, while it has fallen to a 52-week low of $83.06. The 50-Day Moving Average of the stock is 4.69%, while the 200-Day Moving Average is calculated to be 11.77%.
Shares Statistics:
It appears that DUK traded 2.77M shares on average per day over the past three months and 2673820 shares per day over the past ten days. A total of 771.00M shares are outstanding, with a floating share count of 770.53M. Insiders hold about 0.16% of the company’s shares, while institutions hold 66.85% stake in the company. Shares short for DUK as of 1721001600 were 9402570 with a Short Ratio of 3.40, compared to 1718323200 on 9912759. Therefore, it implies a Short% of Shares Outstanding of 9402570 and a Short% of Float of 1.2200001.
Dividends & Splits
With its trailing 12-month dividend rate of 4.08, DUK has a forward annual dividend rate of 4.10. Against a Trailing Annual Dividend Yield of 0.03756906The stock’s 5-year Average Dividend Yield is 4.1. The current Payout Ratio is 74.71% for DUK, which recently paid a dividend on 2024-05-16 with an ex-dividend date of 1723766400. Stock splits for the company last occurred on 2012-07-03 when the company split stock in a 1:3 ratio.
