Duke Energy Corp (DUK) Receives Consensus Recommendation of "Hold" from Analysts

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21 May, 2017

Liberty Capital Management Inc. now owns 1,950 shares of the utilities provider's stock valued at $160,000 after buying an additional 450 shares in the last quarter. Advantage Investment Management LLC increased its position in shares of Duke Energy Corp by 37.4% in the first quarter. The stock of Duke Energy Corp (NYSE:DUK) has "Market Perform" rating given on Tuesday, February 2 by Wells Fargo. Stocks with high EPS growth rates compared with year-ago levels suggest a company has products or services in strong demand. BMO Capital Markets maintained Duke Energy Corp (NYSE:DUK) on Monday, May 1 with "Hold" rating.

To gauge your chances of picking a winning stock, take a close look at its fundamentals, especially its earnings-per-share growth. Zurich Insurance Group Ltd FI boosted its stake in shares of Duke Energy Corp by 98.3% in the fourth quarter. Chelsea Counsel Co. now owns 6,287 shares of the utilities provider's stock worth $503,000 after buying an additional 36 shares during the period. Finally, Kanawha Capital Management LLC boosted its stake in Duke Energy Corp by 15.2% in the first quarter. Accredited Investors Inc. now owns 2,787 shares of the utilities provider's stock valued at $229,000 after buying an additional 19 shares in the last quarter.

Duke Energy Corp (NYSE:DUK) opened at 83.37 on Friday. The firm has a 50-day moving average of $82.63 and a 200-day moving average of $79.19. The stock's market capitalization is 58.27B, it has a 52-week low of 72.34 and a 52-week high of 87.75.

Duke Energy Corp (NYSE:DUK) last released its quarterly earnings results on Tuesday, May 9th. The utilities provider reported $1.04 EPS for the quarter, beating analysts' consensus estimates of $1.03 by $0.01. Duke Energy Corp had a net margin of 12.27% and a return on equity of 8.20%.

Now the P/E of Duke Energy Corporation stands at 22.22.

The High Revenue estimate is predicted as 6.04 Billion, while the Low Revenue Estimate prediction stands at 5.33 Billion. Equities analysts expect that Duke Energy Corp will post $4.61 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 16th. Philadelphia invested in 0.72% or 121,210 shares. The ex-dividend date is Wednesday, May 17th. Its price/book multiple of 1.41 compared with the 1.11 while its free cash flow yield of 8.86 should be matched with that of its industry's 3.47. SunTrust maintained Duke Energy Corp (NYSE:DUK) rating on Monday, September 26. Duke Energy Corp's dividend payout ratio (DPR) is 82.61%.

In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. If you are viewing this article on another domain, it was copied illegally and reposted in violation of USA and global trademark & copyright laws. Looking at this figure it suggests that the shares of Duke Energy Corporation (DUK) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that Duke Energy Corporation (DUK) is a good investment, however if the market is weaker then it could suggest that the shares are undervalued.

Several analysts recently issued reports on DUK shares. Barclays PLC restated an "equal weight" rating and set a $88.00 target price (up previously from $82.00) on shares of Duke Energy Corp in a report on Sunday, April 23rd. As per Wednesday, January 25, the company rating was initiated by Credit Suisse.

Among 15 analysts covering Duke Energy (NYSE:DUK), 1 have Buy rating, 3 Sell and 11 Hold. The company presently has a consensus rating of "Hold" and a consensus price target of $81.19. Benjamin F. Edwards & Company Inc. now owns 2,116 shares of the utilities provider's stock valued at $169,000 after buying an additional 866 shares during the last quarter. A total of 2.59 million shares exchanged hands as contrast to its average trading volume of 2.01 million shares. Following the completion of the transaction, the chairman now directly owns 176,394 shares in the company, valued at $14,451,960.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP William E. Jr.

On 5/14/2013 John H Forsgren, Director, bought 1,000 with an average share price of $71.75 per share and the total transaction amounting to $71,750.00. The shares were sold at an average price of $82.10, for a total transaction of $49,260.00. Nicolet Bankshares Inc. now owns 1,730 shares of the utilities provider's stock worth $142,000 after buying an additional 1,369 shares during the period. The disclosure for this purchase can be found here.

The Average True Range indicator applied to a daily chart of Apple has a current ATR reading of 0.78.

Ratings analysis reveals 7% of Duke Energy's analysts are positive.


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