Is Duke Energy Corp (DUK) positioned for future growth?

With 2.98 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.35 million shares. During the session, the Utilities – Regulated Electric company that operates in wider Utilities sector, reached to the highest price of $107.85 whereas the lowest price it dropped to was $106.3. The 52-week range on DUK shows that it touched its highest point at $121.25 and its lowest point at $90.09 during that stretch. It currently has a 1-year price target of $124.20. With its current market cap of 82.51 billion, DUK has annualized dividend of $4.14 while the current yield stands at 3.88%. Beta for the stock currently stands at 0.48.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DUK was down-trending over the past week, with a drop of -0.84%, but this was down by -6.32% over a month. Three-month performance dropped to -3.10% while six-month performance rose 5.82%. The stock gained 8.39% in the past year, while it has lost -0.86% so far this year. A look at the trailing 12-month EPS for DUK yields 5.56 with Next year EPS estimates of 6.34. For the next quarter, that number is 1.68. This implies an EPS growth rate of 6.77% for this year and 6.81% for next year. EPS is expected to grow by 6.25% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 7.61%.

Float and Shares Shorts:

At present, 772.00 million DUK shares are outstanding with a float of 771.26 million shares on hand for trading. On 2024-12-13, short shares totaled 9.09 million, which was 117.999995 higher than short shares on 1731628800. In addition to Ms. Lynn J. Good as the firm’s Chairman & CEO, Mr. Brian D. Savoy serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.67370003 of DUK’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, DUK reported revenue of $8154000000.0 and operating income of $2132000000.0. The EBITDA in the recently reported quarter was $4005000000.0 and diluted EPS was $1.6.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DUK since 9 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With DUK analysts setting a high price target of 139.0 and a low target of 114.0, the average target price over the next 12 months is 123.47765. Based on these targets, DUK could surge 30.14% to reach the target high and rise by 6.73% to reach the target low. Reaching the average price target will result in a growth of 15.6% from current levels.

Analysts have provided yearly estimates in a range of $5.9911 being high and $5.89124 being low. For DUK, this leads to a yearly average estimate of $5.94117.