The stock of Duke Energy Corp. (NYSE:DUK) last traded at $110.67, up 0.40% from the previous session.
DUK stock price is now -3.13% away from the 50-day moving average and 8.10% away from the 200-day moving average. The market capitalization of the company currently stands at $85.46B.
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With the price target of $138, Jefferies recently initiated with Buy rating for Duke Energy Corp. (NYSE: DUK). On February 12, 2024, BofA Securities Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock reducing its target price from $105 to quote $96, while ‘Evercore ISI’ rates the stock as ‘Outperform’
In other news, JANSON JULIA S, EVP&CEO, Duke Energy Carolinas sold 10,000 shares of the company’s stock on Aug 23 ’24. The stock was sold for $1,125,809 at an average price of $112.58. Upon completion of the transaction, the EVP&CEO, Duke Energy Carolinas now directly owns 58,657 shares in the company, valued at $6.49 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 23 ’24, Officer JANSON JULIA S bought 10,000 shares of the business’s stock. A total of $1,125,809 was incurred on buying the stock at an average price of $112.58. A total of 0.16% of the company’s stock is owned by insiders.
During the past 12 months, Duke Energy Corp. has had a low of $85.79 and a high of $118.31. As of last week, the company has a debt-to-equity ratio of 1.68, a current ratio of 0.81, and a quick ratio of 0.53. According to the stock market information, the enterprise value for the company is $171504566272, which is based on a 19.89 price-to-earnings ratio, a 3.31 price-to-earnings-growth ratio, and a beta of 0.46. The fifty day moving average price for DUK is $114.2458 and a two-hundred day moving average price translates $102.37815 for the stock.
The latest earnings results from Duke Energy Corp. (NYSE: DUK) was released for 2024-06-30. The net profit margin was 14.28% and return on equity was 9.32% for DUK. The company reported revenue of $7.17 billion for the quarter, compared to $6.58 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.03 percent.
