Duke Energy Corp (NYSE:DUK) shares traded 1.25% higher at $107.08 on Wall Street last session.
DUK stock price is now -6.03% away from the 50-day moving average and -0.11% away from the 200-day moving average. The market capitalization of the company currently stands at $82.72B.
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On October 15, 2024, Mizuho Upgraded its previous ‘Neutral’ rating to ‘Outperform’ on the stock increasing its target price from $116 to quote $121, while ‘Jefferies’ rates the stock as ‘Buy’
In other news, Renjel Louis E., EVP, Chief Corporate Affairs sold 400 shares of the company’s stock on Nov 15 ’24. The stock was sold for $44,592 at an average price of $111.48. Upon completion of the transaction, the EVP, Chief Corporate Affairs now directly owns 19,484 shares in the company, valued at $2.09 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 15 ’24, EVP & CEO DEF & Midwest Glenn Robert Alexander sold 15,002 shares of the business’s stock. A total of $1,646,245 was realized by selling the stock at an average price of $109.74. This leaves the insider owning 9,987 shares of the company worth $1.07 million. 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 $90.09 and a high of $121.25. As of last week, the company has a debt-to-equity ratio of 1.73, a current ratio of 0.70, and a quick ratio of 0.45. According to the stock market information, the enterprise value for the company is $169454419968, which is based on a 19.27 price-to-earnings ratio, a 3.08 price-to-earnings-growth ratio, and a beta of 0.48. The fifty day moving average price for DUK is $113.95 and a two-hundred day moving average price translates $107.19565 for the stock.
The latest earnings results from Duke Energy Corp (NYSE: DUK) was released for 2024-09-30. The net profit margin was 14.19% and return on equity was 9.01% for DUK. The company reported revenue of $8.15 billion for the quarter, compared to $7.99 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.0 percent.
