Duke Energy Corporation (DUK): Technical Analysis and analyst Ratings


Duke Energy Corporation (NYSE:DUK) changes shares on Tuesday trading session, with a change of 1.05% or $0.88 shares. The trading starts at $83.50 and closed at $83.81 throughout the day. The trading session low price was $83.34 and day high was $84.97 on Tuesday, August 04. After the session, the Utilities sector daily volume shifted to 3.23 million while its average volume is 3.68M. In other hand, the DUK market cap reached to $62.11B. While, its current target price is $92.71.

On July 5, 2020, Dominion, Duke exit pipeline project after years of delays. According to the news reported on Reuters, Dominion Energy Inc and Duke Energy Corp said on Sunday they decided to abandon the $8 billion Atlantic Coast Pipeline project after a long delay to clear legal roadblocks almost doubled its estimated cost.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 0.11% and up 6.11% for month. Its quarterly performance was 1.86% above, while its half year performance is down -12.33%. DUK yearly performance stood at negative -2.61% and fall -7.15% for year-to-date. Current recommendation for Duke Energy Corporation is 2.60.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. DUK EPS (TTM) for 12-month is 5.08. EPS for this year is 35.20%, while for the next year its value is 5.31. Sales growth for the current quarter is 4.38 while its EPS Q/Q reached -1.30%. It has an EPS of 7.30% up for past five years and for the next five years will be up 3.81%.

Let’s take a look on the analyst recommendations on DUK for the current month and previous month. For the current month, 7 of 18 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 10 as Hold. As compared with the previous month ratings, 17 analysts participate in stock recommendation. Out of 17, 0 rated it sell, 6 rated it as Buy and 10 as Hold Ratings. On the other hand, target price ranges from $83.00 – $106.00. Average target price for DUK was reached at $92.40.

The insider ownership moved to 0.10% and institutional holding shifted to 65.10%.

The company posted an EPS (TTM) of 5.08. According to the most recent quarter report on (Jun 2020), 16 analysts estimated an average EPS of 1.03, while 1.12 EPS posted a year ago period. Analyst Estimated EPS for DUK published in the report was $0.89 – $1.15 during the same period. Comparing with last year, the average estimated EPS was 1.12 which is lower than 1.14 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for DUK fall -3.91% for period of 200 days. SMA for 50 days was 0.98% which is showing green signal, while SMA-20 was 2.74%. The moving average value for Duke Energy Corporation (DUK) is 37.67M and 4.86% for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in DUK stock. On Jul 27, YOUNG STEVEN K, EVP & CFO, sold 254 trading shares at the cost of $82.50, which valued at 20955.0. On Jun 26, YOUNG STEVEN K, EVP & CFO, sold 265 shares at the cost of $79.35, with total shares of 86,482. On May 26, Jacobs Dwight L., SVP,Chf Acct Off,Tax,Control, sold 1,500 shares at the cost of 84.11. After this transaction, Jacobs Dwight L. total shares reached to 5,191 which valued at 0.13 million.