In yesterday’s Wall Street session, Duke Energy Corp. (NYSE:DUK) shares traded at $120.58, up 0.67% from the previous session.
DUK stock price is now 5.03% away from the 50-day moving average and 17.02% away from the 200-day moving average. The market capitalization of the company currently stands at $93.11B.
With the price target enhanced from $116 to $121, Mizuho Upgraded its rating from Neutral to Outperform for Duke Energy Corp. (NYSE: DUK). On September 20, 2024, Jefferies recently initiated its ‘Buy’ rating on the stock quoting a target price of $138, while ‘BofA Securities’ rates the stock as ‘Neutral’
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 $7.07 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 $120.09. 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 $179157073920, which is based on a 21.67 price-to-earnings ratio, a 3.61 price-to-earnings-growth ratio, and a beta of 0.46. The fifty day moving average price for DUK is $114.8068 and a two-hundred day moving average price translates $103.04395 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.
