Duke Energy Corp (NYSE: DUK): Retirees Don’t Worry About Volatility

Duke Energy Corp (NYSE:DUK) currently has a daily average trading volume of 3.52M but it saw 4537841 shares traded in last market. With a market cap of 90.57B USD, the company’s current market price of $116.64 came falling about -0.90 while comparing to the previous closing price of $117.70. In past 52 weeks, the stock remained buoying in the range of price level as high as $121.25 and as low as $92.75. In the recent trading on the day, stock has struck highest price mark of $115.65 while lowest mark touched by it was $117.3.

Taking a look at 20-day trading activity of Duke Energy Corp (DUK) gives us an average price of $115.55, while its current price level is -3.80% below from 52-week high level whereas it is 25.76% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $112.28 while that of 200 days or SMA-200 reads an average of $111.02. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.87% during that period while stretching the period over a month that increases to 1.91%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 54.90 which implies that the stock is in neutral territory.

Mizuho upgraded its recommendation for the stock as a “Outperform” from “Neutral” on October 15, 2024 while assigning a price target range of $116-$121. Jefferies issued its recommendations for the stock as it initiated the price target for the stock is $138.

Over the week, DUK’s stock price is moving 1.22% up while it is 0.90% when we observe its performance for the past one month. Year-to-date it is 8.26% up and over the past year, the stock is showing an upside performance of 22.86%.

The company is expected to be releasing its next quarterly report on 2025-Feb-12, for which analysts forecasted an EPS of 1.5 while estimate for next year EPS is 6.32. In next quarter, company is expected to be making quarterly sales of $7.21B as analysts are expecting the sales for current fiscal year at $31.6B and seeing the company making $32.75B in sales next year. Moreover, analysts are in estimates of $7.73B for current-quarter revenue.

Currently, Duke Energy Corp’s total number of outstanding shares is 776.00M with 0.15% of that held by the insiders while 66.95% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.44% and return on equity (ROE) at 9.10%. It has a price to earnings ratio (P/E ratio) of 20.53 while having a 17.36 of forward P/E ratio. Stock’s beta reads 0.39. Stock has a price to book (P/B) ratio of 1.84 while price to sale or P/S ratio amounts to 2.98. Its return on asset (ROA) is 2.42% on average.