Does Duke Energy Corp. (NYSE:DUK) presents a BIG investment opportunity?

In yesterday’s Wall Street session, Duke Energy Corp. (NYSE:DUK) shares traded at $89.89, up 0.39% from the previous session.

As of this writing, 19 analysts cover Duke Energy Corp. (NYSE:DUK). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $120.00 and a low of $90.00, we find $96.00. Given the previous closing price of $89.54, this indicates a potential upside of 7.21 percent. DUK stock price is now 0.27% away from the 50-day moving average and -3.99% away from the 200-day moving average. The market capitalization of the company currently stands at $69.28B.

There are 11 analysts who have given it a hold rating, whereas 5 have given it a buy rating. Brokers who have rated the stock have averaged $96.80 as their price target over the next twelve months.

With the price target of $96, Barclays recently initiated with Overweight rating for Duke Energy Corp. (NYSE: DUK).

In other news, MCKEE E MARIE, Director sold 1,785 shares of the company’s stock on Aug 17. The stock was sold for $162,542 at an average price of $91.06. Upon completion of the transaction, the Director now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 16, EVP, CLO & Corp Sec Ghartey-Tagoe Kodwo sold 2,500 shares of the business’s stock. A total of $228,575 was realized by selling the stock at an average price of $91.43. This leaves the insider owning 24,710 shares of the company worth $2.22 million. Insiders disposed of 147,919 shares of company stock worth roughly $13.3 million over the past 1 year. A total of 0.12% of the company’s stock is owned by insiders.

Thursday morning saw Duke Energy Corp. (NYSE: DUK) opened at $89.50. During the past 12 months, Duke Energy Corp. has had a low of $83.06 and a high of $106.43. As of last week, the company has a debt-to-equity ratio of 1.62, a current ratio of 0.76, and a quick ratio of 0.52. According to the stock market information, the enterprise value for the company is $150.36B, which is based on a 57.12 price-to-earnings ratio, a 8.72 price-to-earnings-growth ratio, and a beta of 0.45. The fifty day moving average price for DUK is $89.64 and a two-hundred day moving average price translates $93.56 for the stock.

The latest earnings results from Duke Energy Corp. (NYSE: DUK) was released for Jun, 2023. According to the Utilities – Regulated Electric Company, earnings per share came in at $0.91, missing analysts’ expectations of $0.98 by -0.07. This compares to $1.14 EPS in the same period last year. The net profit margin was 4.15% and return on equity was 7.88% for DUK. The company reported revenue of $6.58 billion for the quarter, compared to $6.56 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.21 percent. For the current quarter, analysts expect DUK to generate $8.14B in revenue.

Duke Energy Corp.(DUK) Company Profile

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments, Electric Utilities and Infrastructure (EU&I) and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; and uses coal, hydroelectric, natural gas, oil, solar and wind sources, renewables, and nuclear fuel to generate electricity. This segment also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and load-serving entities. The GU&I segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and invests in pipeline transmission projects, renewable natural gas projects, and natural gas storage facilities. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2006. The company was founded in 1904 and is headquartered in Charlotte, North Carolina.

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